Risk-Adjusted Policy Learning and the Social Cost of Uncertainty: Theory and Evidence from CAP evaluation

@misc{cerulli2025riskadjustedpolicylearning,
      title={Risk-Adjusted Policy Learning and the Social Cost of Uncertainty: Theory and Evidence from CAP evaluation},
      author={Giovanni Cerulli and Francesco Caracciolo},
      year={2025},
      eprint={2510.05007},
      archivePrefix={arXiv},
      primaryClass={econ.EM},
      url={https://arxiv.org/abs/2510.05007},
}