The 11 Minute Introduction to Mastering Potential Outcome Notation

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Causal Inference Struggle | Potential Outcome Notation:
In this video I talk about Potential Outcome Notation, Average Treatment Effect, Average Treatment Effect on the Treated, Selection Bias, and Difference in Means. I use several examples throughout the video.

Timestamps:
0:00 - Intro
0:30 - Example 1: Effect of Cats on Stress Level
1:02 - Potential Outcomes as an Attribute
3:43 - Treatment Effect Intuitively
3:56 - Observed vs Unobserved Outcomes in Data
5:11 - Calculating Average Treatment Effect
5:37 - Example 2: Effect of Anxiety Pill on Anxiety
6:10 - Estimating Average Treatment Effect as Difference in Means
7:09 - Why Difference in Means = ATT+SB
7:37 - Average Treatment Effect on Treated (ATT)
8:08 - Selection Bias (SB)
9:52 - Calculating Diff in Means, ATE, ATT, and SB
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Oh wow! Such an underrated channel/ video! I have looked at a lot of videos which try to explain this concept and this is by far the best! This is especially helpful since I find Angrist and Pishkes "Mostly Harmless" quite dense! Thank you!

pavel
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This was very helpful. Thank you very much!

et
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Explained this very thoroughly, thank you!

kyley