Omitted Variable Bias

Опубликовано: 21 Февраль 2025
на канале: Wolfram Demonstrations Project
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In social science research, control variables are often included out of concerns about inducing bias into the coefficients of interest [1, 2]. However, short of knowing the true data-generating processan unlikely situationthe inclusion of even relevan...

Contributed by: Alrik Thiem After work by: Kevin A. Clarke, University of Rochester (USA)