Open explodecomputer opened 5 years ago
Maybe in a hypothesis-free context it may make sense to use IVW FE to maximise power? The latter results get interpreted as possible associations but no conclusions about causality. Then follow-up prioritised results with rigorous sensitivity analyses and replication before making causal claims?
Outstanding questions:
Dichotomy of PRS in prediction and IVW in inferencde:
Does IVW FE have any role in prediction? Probably not, because it doesn't create a value for an individual, it just gives a population average.
Does PRS have a role to play in causal inference? It gives the same thing as IVW FE, but fails to let you test for violations e.g. heterogeneity etc. So, it has no place there.