Academic Year |
2024Year |
School/Graduate School |
Graduate School of Innovation and Practice for Smart Society (Master's Course) |
Lecture Code |
WTCA0001 |
Subject Classification |
Specialized Education |
Subject Name |
Arts & Science for Evidence-Based Decision Making |
Subject Name (Katakana) |
|
Subject Name in English |
Arts & Science for Evidence-Based Decision Making |
Instructor |
GOTO DAISAKU,YOSHIDA YUICHIRO,KHAN GHULAM DASTGIR,SAIJO HARUNOBU,CARO-BURNETT JOHANN |
Instructor (Katakana) |
ゴトウ ダイサク,ヨシダ ユウイチロウ,ハーン グラム ダスタギール,サイジョウ ハルノブ,カロ バーネット ヨハン |
Campus |
Higashi-Hiroshima |
Semester/Term |
1st-Year, First Semester, 1Term |
Days, Periods, and Classrooms |
(1T) Mon1-4:IDEC Large Conference Rm |
Lesson Style |
Lecture |
Lesson Style (More Details) |
|
|
Credits |
2.0 |
Class Hours/Week |
|
Language of Instruction |
E
:
English |
Course Level |
5
:
Graduate Basic
|
Course Area(Area) |
24
:
Social Sciences |
Course Area(Discipline) |
03
:
Economics |
Eligible Students |
|
Keywords |
|
Special Subject for Teacher Education |
|
Special Subject |
|
Class Status within Educational Program (Applicable only to targeted subjects for undergraduate students) | |
---|
Criterion referenced Evaluation (Applicable only to targeted subjects for undergraduate students) | |
Class Objectives /Class Outline |
The art and science of decision making is entering into a new era. The paradigm shift is upgrading the process of decision making and its impact evaluation from an experience-based subjective approach to a more objective, evidence-based one. Evidence-based decision making does not merely mean the utilization of data. Rather, it explicitly prohibits doing so, by acknowledging the wisdom that what our data shows in front of our eyes is just the correlation, and not the causation that we need to base our decision on. Throughout the course, all concepts are delivered without using technical expressions. Students will acquire the intuition directly from the lectures and presentations, and are expected to learn the fundamentals of evidence-based decision making and its impact evaluations. |
Class Schedule |
lesson1 Correlation vs. Causation
lesson2 Counterfactuals & Unit Level Treatment Effects
lesson3 Average Treatment Effects & Conditional Average Treatment Effects
lesson4 Confounders and Directed Acyclic Graphs (DAGs)
lesson5 Statistical vs. Causal Inference
lesson6 Controlled Experiments & Randomized Experiments
lesson7 Difficulties in Performing Randomized Experiments
lesson8 The Two Kinds of Natural Experiments
lesson9 Justifying As-If Randomization
lesson10 Noncompliance in Experiments & Survey Noncompliance
lesson11 4 Ways of Dealing with Noncompliance: Bounds Analysis for Missing Data
lesson12 Visual Logic of Instrumental Variables
lesson13 The 3 Assumptions of Instrumental Variables
lesson14 The "No Defiers" Assumption & The Local Average Treatment Effect (LATE)
lesson15 Regression Discontinuity Design as a Relevant Variation of IV Analysis
quizzes |
Text/Reference Books,etc. |
• Angrist, Joshua D. , and Jörn-Steffen Pischke. Mastering 'metrics: The path from cause to effect. Princeton university press, 2014.
• Angrist, Joshua D. , and Jörn-Steffen Pischke. Mostly harmless econometrics: An empiricist's companion. Princeton university press, 2009.
• Huntington-Klein, N. (2022). The effect: An introduction to research design and causality. Chapman and Hall/CRC. |
PC or AV used in Class,etc. |
|
(More Details) |
a computer & a projector |
Learning techniques to be incorporated |
|
Suggestions on Preparation and Review |
Please watch the following YouTube videos for more about the causal inference:
Mod•U: Powerful Concepts in Social Science
(1) Causal Inference Bootcamp: Introduction to Causality https://www.youtube.com/watch? v=FNpcwiOme1g&list=PL1M5TsfDV6Vufqfs_h5fDR3pBhIj4QOW7
(2) Causal Inference Bootcamp: Your Guide to Experiments https://www.youtube.com/watch?v=S5TVIPknDI4&list=PL1M5TsfDV6Vui- q_q1Bq5kF2Y77udGwWx
(3) Causal Inference Bootcamp: Your Guide to Instrumental Variables https://www.youtube.com/watch? v=4xF_DMbL14w&list=PL1M5TsfDV6VsE11CCeMuBL0owBpwp4xru |
Requirements |
|
Grading Method |
class participation and performances in quizzes |
Practical Experience |
|
Summary of Practical Experience and Class Contents based on it |
|
Message |
|
Other |
|
Please fill in the class improvement questionnaire which is carried out on all classes. Instructors will reflect on your feedback and utilize the information for improving their teaching. |