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msuzen / looper

A resource list for causality in statistics, data science and physics
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Settable Systems #23

Closed msuzen closed 3 years ago

msuzen commented 3 years ago

https://jmlr.org/papers/volume10/white09a/white09a.pdf

Baseless claim "... the fact that the PCM is not as well suited to analyzing structures that exhibit features of central interest to economists and econometricians.." They omit the Elephant in the room that the first causal inference approach taken by Haavelmo - Economics Nobel

https://www.mitpressjournals.org/doi/full/10.1162/NECO_a_00295

msuzen commented 3 years ago

Encoding dynamics is a different issue, not directly related to PCM. PCMs with graph dynamical systems approach would be a more natural tool to address equilibrium issues. One could argue that settable system approach leads to information loss due to removing DAG.

msuzen commented 3 years ago

This is out of scope too specialised.