Fig. 5From: Constructing treatment selection rules based on an estimated treatment effect function: different approaches to take stochastic uncertainty into account have a substantial effect on performanceSimulation results of the performance characteristics for all four construction principles as function of β. Shown is scenario 4, i.e. θ(x) convex, \(X \sim \mathcal {U}(0,1)\) using a quadratic model for analysis. For the overall gain, the thin grey line indicates the maximally possible overall gainBack to article page