Are Matching Estimators and the Conditional Independence Assumption Inconsistent with Rational Decision Making
Matt Bogard (noreply@blogger.com)
Scott Cunningham brings up some interesting points about matching and utility maximization in this substack post: https://causalinf.substack.com/p/why-do-economists-so-dislike-conditional "Because most of the time, when you are fully committed to the notion that people are rational, or at least intentionally pursuing goals and living in the reality of scarcity itself, you actually think they are paying attention to those potential outcomes. Why? Because those potential outcomes represent the gai