Causal inference under selection on observables in operations management research: Matching methods and synthetic controls
Övünç Yılmaz,
Yoonseock Son,
Guangzhi Shang
et al.
Abstract:The majority of recent empirical papers in operations management (OM) employ observational data to investigate the causal effects of a treatment, such as program or policy adoption. However, as observational data lacks the benefit of random treatment assignment, estimating causal effects poses challenges. In the specific scenario where one can reasonably assume that all confounding factors are observed—referred to as selection on observables—matching methods and synthetic controls can assist researchers to rep… Show more
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