Re:Understanding Causality Is the Next Challenge for Machine...
by a9h74j on Friday October 30, 2020 @12:06AM
(#24939044)
> DAGs are not the only valid approach to causality
It has been a truism to some that "most efforts in policy are responses to previous efforts in policy." In SPC you can measure noise and overcontrol. With a long-lived policy-making institution [unusual?] honesty might admit to facing effects of previous well-intentioned policies.
As you suggest, the treatment effect and econometrics literature currently is on a semi-parametric trend: Given that they don't believe that one can actually produce a believable complete causal model (or DAG), one tries to estimate a treatment effect that does not depend on parametric or functional assumptions.