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Set coverage and robust policy

Authors:	Marc Henry Alexei Onatski

Institution:	^a Département de Sciences économiques, Université de Montréal, C.P. 6128, Succursale Centre-ville, Montréal QC H3C 3J7, Canada ^b Faculty of Economics, Cambridge University, Austin Robinson Building, Sidgwick Avenue, Cambridge CB3 9DD, UK

Abstract:	We show that confidence regions covering the identified set may be preferable to confidence regions covering each of its points in robust control applications.

Keywords:	C44
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