Browsing JRA Community by Subject "Causal inference"
Now showing 1 - 4 of 4
Results Per Page
ItemCovariate balancing propensity score(Royal Statistical Society, 2013) Imai, Kosuke; Ratkovic, MarcThe propensity score plays a central role in a variety of causal inference settings. In particular, matching and weighting methods based on the estimated propensity score have become increasingly common in the analysis of observational data. Despite their popularity and theoretical appeal, the main practical difficulty of these methods is that the propensity score must be estimated. Researchers have found that slight misspecification of the propensity score model can result in substantial bias of estimated treatment effects. We introduce covariate balancing propensity score (CBPS) methodology, which models treatment assignment while optimizing the covariate balance. The CBPS exploits the dual characteristics of the propensity score as a covariate balancing score and the conditional probability of treatment assignment. The estimation of the CBPS is done within the generalized method-of-moments or empirical likelihood framework. We find that the CBPS dramatically improves the poor empirical performance of propensity score matching and weighting methods reported in the literature. We also show that the CBPS can be extended to other important settings, including the estimation of the generalized propensity score for non-binary treatments and the generalization of experimental estimates to a target population. Open source software is available for implementing the methods proposed. [Author Abstract] ItemCovariate balancing propensity score for a continuous treatment: Application to the efficacy of political advertisements(Institute of Mathematical Statistics, 2018) Fong, Christian; Hazlett, Chad; Imai, KosukePropensity score matching and weighting are popular methods when estimating causal effects in observational studies. Beyond the assumption of unconfoundedness, however, these methods also require the model for the propensity score to be correctly specified. The recently proposed covariate balancing propensity score (CBPS) methodology increases the robustness to model misspecification by directly optimizing sample covariate balance between the treatment and control groups. In this paper, we extend the CBPS to a continuous treatment. We propose the covariate balancing generalized propensity score (CBGPS) methodology, which minimizes the association between covariates and the treatment. We develop both parametric and nonparametric approaches and show their superior performance over the standard maximum likelihood estimation in a simulation study. The CBGPS methodology is applied to an observational study, whose goal is to estimate the causal effects of political advertisements on campaign contributions. We also provide open-source software that implements the proposed methods. [Author Abstract] ItemMultivariate matching methods that are monotonic imbalance bounding(American Statistical Association, 2011-03) Iacus, Stefano, M.; King, Gary; Porro, GiuseppeWe introduce a new “Monotonic Imbalance Bounding” (MIB) class of matching methods for causal inference with a surprisingly large number of attractive statistical properties. MIB generalizes and extends in several new directions the only existing class, “Equal Percent Bias Reducing” (EPBR), which is designed to satisfy weaker properties and only in expectation. We also offer strategies to obtain specific members of the MIB class, and analyze in more detail a member of this class, called Coarsened Exact Matching, whose properties we analyze from this new perspective. We offer a variety of analytical results and numerical simulations that demonstrate how members of the MIB class can dramatically improve inferences relative to EPBR-based matching methods. [Author Abstract] ItemPrognostic score–based balance measures for propensity score methods in comparative effectiveness research(J Clin Epidemiol, 2013-08) Stuart, Elizabeth A.; Lee, Brian K.; Leacy, Finbarr P.Objective: Examining covariate balance is the prescribed method for determining the degree to which propensity score methods should be successful at reducing bias. This study assessed the performance of various balance measures, including a proposed balance measure based on the prognostic score (similar to a disease risk score), to determine which balance measures best correlate with bias in the treatment effect estimate. Study design and setting: The correlations of multiple common balance measures with bias in the treatment effect estimate produced by weighting by the odds, subclassification on the propensity score, and full matching on the propensity score were calculated. Simulated data were used, based on realistic data settings. Settings included both continuous and binary covariates and continuous covariates only. Results: The absolute standardized mean difference (ASMD) in prognostic scores, the mean ASMD (in covariates), and the mean t-statistic all had high correlations with bias in the effect estimate. Overall, prognostic scores displayed the highest correlations with bias of all the balance measures considered. Prognostic score measure performance was generally not affected by model misspecification, and the prognostic score measure performed well under a variety of scenarios. Conclusion: Researchers should consider using prognostic score-based balance measures for assessing the performance of propensity score methods for reducing bias in nonexperimental studies. [Author Abstract]