I think that you're quite correct about GIGO for CBAs, and I think the issue is that it's almost impossible to not get GI. But certainly such an experiment cou

I think that you're quite correct about GIGO for CBAs, and I think the issue is that it's almost impossible to not get GI. But certainly such an experiment could be run. The issue there is: what's the best alternative? Randomly assign money? Go with "gut feeling"? Assign it evenly? It looks like trying to outguess the stock market...