Friday, August 28, 2020

Blocked Designs

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When I first learned about randomized complete block designs as an undergraduate to me it was just another set of computations to memorize f...
Sunday, July 26, 2020

Assessing Balance for Matching and RCTs

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Assessing the balance between treatment and control groups across control variables is an important part of propensity score matching. It...
Wednesday, May 6, 2020

Experimentation and Causal Inference: Strategy and Innovation

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Knowledge is the most important resource in a firm and the essence of organizational capability, innovation, value creation, strategy, and c...
Tuesday, April 21, 2020

Experimentation and Causal inference: A Behavioral Economic Perspective

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In my previous post I discussed the value proposition of experimentation and causal inference from a mainline economic perspective. In this...
Monday, April 20, 2020

Experimentation and Causal Inference Meet the Knowledge Problem

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Why should firms leverage experimentation and causal inference? With recent advancements in computing power and machine learning, why can...
Monday, April 6, 2020

Statistics is a Way of Thinking, Not Just a Box of Tools

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If you have taken very many statistics courses you may have gotten the impression that it's mostly a mixed bag of computations and rules...
Wednesday, February 12, 2020

Randomized Encouragement: When noncompliance may be a feature and not a bug

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Many times in a randomized controlled trial (RCT) issues related to non-compliance arise. Subjects assigned to the treatment fail to comply,...