Practical Regression: Causality and Instrumental Variables Harvard Case Solution & Analysis

This is the tenth in a series of lectures, which, when linked together in the book, could be entitled "Practical Regression." Goal score in addition to the theoretical content of most statistics texts with practical advice based on nearly three decades of experience of the author, along with more than a hundred years experience of colleagues who offered advice. As the title "Practical Regression" suggests, these notes guide performing the regression in practice. This note uses the theory of "supplier-induced demand" of health economics to illustrate key issues, including reverse causation, the role of instrumental variables to determine the cause and characteristics of good tools. "Hide
by David Dranove Source: Kellogg School Management 4 pages. Publication Date: June 4, 2012. Prod. #: KEL644-PDF-ENG

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