mlsanityData to 14 Oct 2026

Policy Learning with Distributional Welfare

arXiv 2311.15878 ↗First posted 27 Nov 2023stat.ME econ.EM math.STcited by 5

Not on the map. Why?

Abstract (arXiv)

In this paper, we explore optimal treatment allocation policies that target distributional welfare. Most literature on treatment choice has considered utilitarian welfare based on the conditional average treatment effect (ATE). While average welfare is intuitive, it may yield undesirable allocations especially when individuals are heterogeneous (e.g., with outliers) - the very reason individualized treatments were introduced in the first place. This observation motivates us to propose an optimal policy that allocates the treatment based on the conditional quantile of individual treatment effects (QoTE). Depending on the choice of the quantile probability, this criterion can accommodate a policymaker who is either prudent or negligent. The challenge of identifying the QoTE lies in its requirement for knowledge of the joint distribution of the counterfactual outcomes, which is not generally point-identified. We introduce minimax policies that are robust to this model uncertainty. A range of identifying assumptions can be used to yield more informative policies. For both stochastic and deterministic policies, we establish the asymptotic bound on the regret of implementing the proposed policies. The framework can be generalized to any setting where welfare is defined as a functional of the joint distribution of the potential outcomes.

Key facts. Cited by 5 papers in the map (data through 14 Oct 2026). Builds on 16 of its 73 references that are in the map. First posted on arXiv 27 Nov 2023.

Builds on

16 of 73 references.

References · 16

  1. 2021Causal Inference Under Unmeasured Confounding With Negative Controls: A Minimax Learning Approachcited by 44
  2. 2019A semiparametric instrumental variable approach to optimal treatment regimes under endogeneitycited by 22
  3. 2021Proximal Learning for Individualized Treatment Regimes Under Unmeasured Confoundingcited by 21
  4. 2020Estimating Optimal Treatment Rules with an Instrumental Variable: A Partial Identification Learning Approachcited by 17
  5. 2022What's the Harm? Sharp Bounds on the Fraction Negatively Affected by Treatmentcited by 15
  6. 2022Treatment Effect Risk: Bounds and Inferencecited by 12
  7. 2021Safe Policy Learning through Extrapolation: Application to Pre-trial Risk Assessmentcited by 10
  8. 2021Individualized Decision-Making Under Partial Identification: Three Perspectives, Two Optimality Results, and One Paradoxcited by 8
  9. 2021Median Optimal Treatment Regimescited by 7
  10. 2019On Robustness of Individualized Decision Rulescited by 6
  11. 2022Optimal Treatment Regimes for Proximal Causal Learningcited by 5
  12. 2020Comment: Individualized Treatment Rules Under Endogeneitycited by 3
4 more
  1. 2021Constrained Classification and Policy Learningcited by 3
  2. 2023Inference on Optimal Dynamic Policies via Softmax Approximationcited by 3
  3. 2023Assessing Heterogeneity of Treatment Effectscited by 2
  4. 2023Treatment Choice, Mean Square Regret and Partial Identificationcited by 2

Built on by

Cited by year (2026 to 14 Oct)

Citing papers per year: 2024: 2; 2025: 0; 2026: 3.

5 papers.