Simplicity and credibility: A counterstrategy

Irwin D. J. Bross

Statistics & Probability Letters, 1982, vol. 1, issue 2, 79-83

Abstract: A counterstrategy to conventional strategies which increase technical complexity to achieve small gains in efficiency and power is to trade of 'bestness' for simplicity. In public issues (e.g., neonatal hypothyroidism at Three Mile Island) simplicity enhances credibility.

Keywords: Simplicity; and; credibility; Three; Mile; Island; neonatal; hypothyroidism; sign; test (search for similar items in EconPapers)
Date: 1982
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