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A deeply entrenched axiom in the theory of learning states that the more one learns the easier it is to learn. In other words, the more proficient one becomes in performing familiar tasks, the easier it is to learn new tasks. This phenomenon, long recognized by psychologists and educators, has...
Persistent link: https://www.econbiz.de/10013074049
This paper reviews the foundations of causal mediation analysis and offers a general and transparent account of the conditions necessary for the identification of natural direct and indirect effects, thus facilitating a more informed judgment of the plausibility of these conditions in specific...
Persistent link: https://www.econbiz.de/10013074050
Simpson's paradox is often presented as a compelling demonstration of why we need statistics education in our schools. It is a reminder of how easy it is to fall into a web of paradoxical conclusions when relying solely on intuition, unaided by rigorous statistical methods. In recent years,...
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This report surveys six influential econometric textbooks in terms of their mathematical treatment of causal concepts. It highlights conceptual and notational differences among the authors and points to areas where they deviate significantly from modern standards of causal analysis. We find that...
Persistent link: https://www.econbiz.de/10013074665
Haavelmo was the first to recognize the capacity of economic models to guide policies. This paper describes some of the barriers that Haavelmo's ideas have had (and still have) to overcome, and lays out a logical framework that has evolved from Haavelmo's insight and matured into a coherent and...
Persistent link: https://www.econbiz.de/10013074723
Many students, especially in econometrics, express frustration with the way a problem known as “bad control” is evaded, if not mishandled, in the traditional literature. The problem arises when the addition of a variable to a regression equation produces an unintended discrepancy between the...
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