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Mathematical Sciences- Adam Sales (WPI) "The 2021 Economic Nobel Prize: The Promise and Peril of Instrumental Variables"

Tuesday, October 26, 2021
12:00 pm to 1:00 pm
Floor/Room #: 
via Zoom

The 2021 Economic Nobel Prize: The Promise and Peril of Instrumental Variables 

- Adam Sales, Assistant Professor, Mathematical Sciences

Tuesday, October 26, 2021
12:00 pm to 1:00 pm
Please join us for this virtual talk by Professor Adam Sales!

Learning about cause and effect from data can be tricky--especially when studying humans. Two of this year's Nobel laureates in economics,  Josh Angrist and Guido Imbens, devised a host of statistical techniques for disentangling causation and correlation in social and biomedical sciences. This talk will review Angrist and Imben's most highly-cited paper, the classic "Identification of Causal Effects Using Instrumental Variables" (1996, written with statistician Don Rubin). Then, we will give some examples of instrumental variables in the wild--some clever and convincing, others (in my opinion) rather dubious. Finally, we will introduce principal stratification, a generalization of Angrist, Imbens, and Rubin's groundbreaking work.

Adam Sales is an assistant professor of statistics in the WPI Department of Mathematical Sciences, and the Learning Sciences and Technologies and  Data Science programs. His research focuses on statistical methods for causal inference using large, messy datasets, mostly from applications in education science. He will be teaching a course in the spring semester on causal inference and survey sampling (MA 547) and does MQPs and IQPs studying and applying statistical models.

Please use this Zoom link to access the event:  https://wpi.zoom.us/j/97629015253  All are welcome!

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