Artikel

Causality, Confounding, and Simpson's Paradox

This is an introductory article which explains the importance of explicit consideration and modeling of causality, contrary to current econometric practice, in order to use data set for extraction of meaningful information. One of the easiest to understand approaches to causality is via Simpson's paradox. We will use this paradox, framed in different real-world contexts, to provide an introduction to basic concepts of causality.

Language
Englisch

Bibliographic citation
Journal: International Econometric Review (IER) ; ISSN: 1308-8815 ; Volume: 12 ; Year: 2020 ; Issue: 1 ; Pages: 50-74 ; Ankara: Econometric Research Association (ERA)

Classification
Wirtschaft
Subject
Simpson's Paradox
Causality
Econometrics
Confounders
Mediators

Event
Geistige Schöpfung
(who)
Zaman, Asad
Salahuddin, Taseer
Event
Veröffentlichung
(who)
Econometric Research Association (ERA)
(where)
Ankara
(when)
2020

DOI
doi:10.33818/ier.687042
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Zaman, Asad
  • Salahuddin, Taseer
  • Econometric Research Association (ERA)

Time of origin

  • 2020

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