Comment on Open Thread, January 1-15, 2013

Sun, 13 Jan 2013 00:55:27 GMT

EY says he isn't happy with do(.) based causality while getting basic terminology in the field wrong

Just for clarity, could you link to where EY does this? Also, it's fairly well known in statistics that econometricians are unhappy with causal networks and do(.), because causal networks cannot directly account for feedback-like or cyclic phenomena, which are quite ubiquitous in econometric data (think supply and demand factors co-determining price and quantity, or the influence of expectations) - causal networks have to be acyclic. So there is a genuine controversy here which is reflected in the literature.

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