Optimal regimes for algorithm-assisted human decision-making
M J Stensrud,
J D Laurendeau and
A L Sarvet
Biometrika, 2024, vol. 111, issue 4, 1089-1108
Abstract:
SummaryWe consider optimal regimes for algorithm-assisted human decision-making. Such regimes are decision functions of measured pre-treatment variables and, by leveraging natural treatment values, enjoy a superoptimality property whereby they are guaranteed to outperform conventional optimal regimes. When there is unmeasured confounding, the benefit of using superoptimal regimes can be considerable. When there is no unmeasured confounding, superoptimal regimes are identical to conventional optimal regimes. Furthermore, identification of the expected outcome under superoptimal regimes in nonexperimental studies requires the same assumptions as identification of value functions under conventional optimal regimes when the treatment is binary. To illustrate the utility of superoptimal regimes, we derive identification and estimation results in a common instrumental variable setting. We use these derivations to analyse examples from the optimal regimes literature, including a case study of the effect of prompt intensive care treatment on survival.
Keywords: Causal inference; Dynamic treatment regime; Instrumental variable; Natural value of treatment; Optimal regime; Single world intervention graph (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1093/biomet/asae016 (application/pdf)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:oup:biomet:v:111:y:2024:i:4:p:1089-1108.
Ordering information: This journal article can be ordered from
https://academic.oup.com/journals
Access Statistics for this article
Biometrika is currently edited by Paul Fearnhead
More articles in Biometrika from Biometrika Trust Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().