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I highly suggest this paper here for a more complete view of causality that nests do-calculus (at least in economics): Heckman, JJ and Pinto, R. (2024): “Econo
by dkga 2y ago
I highly suggest this paper here for a more complete view of causality that nests do-calculus (at least in economics):
Heckman, JJ and Pinto, R. (2024): “Econometric causality: The central role of thought experiments”, Journal of Econometrics, v.243, n.1-2.
- fn-mote 2y agoWhy should you look this paper up? It argues that certain approaches from statistics and computer science are limited, and (essentially) that economists have a better approach. YMMV, but the criticisms are specific (whether or not you buy the "fix"). From the paper: > Each of the recent approaches holds value for limited classes of problems. [...] The danger lies in the sole reliance on these tools, which eliminates serious consideration of important policy and interpretation questions. We highlight the flexibility and adaptability of the econometric approach to causality, contrasting it with the limitations of other causal frameworks.
- deleted 2y ago[deleted]