Decision Sciences
8 years ago

Instrumental Variables Models Pose Challenges, Suggest Rethinking Data Analysis Approaches

Instrumental Variables Models
D. H. Goenadi

Paper Summary

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The article discusses instrumental variable models, which are used to analyze relationships between variables in data. The researchers found that it can be challenging to choose the best instrumental variables for a model. They suggest modifying the basic model instead of using instrumental variable models to address this issue.