4 papers
On inferential equivalence classes of causal models
Charlotte Edgar, Heather Battey
Causal models in the same Markov equivalence class are, in the absence of strong assumptions, statistically indistinguishable at any sample size. For modest sample sizes there is a…
Treatment effect: a critique
Heather Battey, Charlotte Edgar
Two broad positions within statistics define a treatment effect, on the one hand, as a parameter of a statistical model, and on the other, as an appropriate population-level differ…
HCmodelSets: An R package for specifying sets of well-fitting models in regression with a large number of potential explanatory variables
Henrique Helfer Hoeltgebaum, Heather Battey
In the context of regression with a large number of explanatory variables, Cox and Battey (2017) emphasize that if there are alternative reasonable explanations of the data that ar…
Dynamics of Value-Tracking in Financial Markets
Nicholas CL Beale, Richard M Gunton, Kutlwano L Bashe +2
The efficiency of a modern economy depends on what we call the Value-Tracking Hypothesis: that market prices of key assets broadly track some underlying value. This can be expected…