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In online markets, agents often learn from other's actions in addition to their private information. Such observational learning can lead to herding or information cascades in which agents eventually ignore their private information and…

Social and Information Networks · Computer Science 2025-05-16 Pawan Poojary , Randall Berry

We recast the synthetic controls for evaluating policies as a counterfactual prediction problem and replace its linear regression with a nonparametric model inspired by machine learning. The proposed method enables us to achieve accurate…

Econometrics · Economics 2021-02-03 Nicolaj Søndergaard Mühlbach , Mikkel Slot Nielsen

Counterfactuals are widely used in AI to explain how minimal changes to a model's input can lead to a different output. However, established methods for computing counterfactuals typically focus on one-step decision-making, and are not…

Artificial Intelligence · Computer Science 2025-05-15 Paul Kobialka , Lina Gerlach , Francesco Leofante , Erika Ábrahám , Silvia Lizeth Tapia Tarifa , Einar Broch Johnsen

We address the challenge of explaining counterfactual outcomes in multi-agent Markov decision processes. In particular, we aim to explain the total counterfactual effect of an agent's action on the outcome of a realized scenario through its…

Artificial Intelligence · Computer Science 2025-10-22 Stelios Triantafyllou , Aleksa Sukovic , Yasaman Zolfimoselo , Goran Radanovic

Research has investigated the impact of the COVID-19 pandemic on business performance and survival, indicating particularly adverse effects for small and midsize businesses (SMBs). Yet only limited work has examined whether and how online…

General Economics · Economics 2024-01-19 Shun-Yang Lee , Julian Runge , Daniel Yoo , Yakov Bart , Anett Gyurak , J. W. Schneider

The COVID-19 pandemic so far has caused huge negative impacts on different areas all over the world, and the United States (US) is one of the most affected countries. In this paper, we use methods from the functional data analysis to look…

Applications · Statistics 2020-09-22 Chen Tang , Tiandong Wang , Panpan Zhang

For counterfactual policy evaluation, it is important to ensure that treatment parameters are relevant to policies in question. This is especially challenging under unobserved heterogeneity, as is well featured in the definition of the…

Econometrics · Economics 2023-08-08 Sukjin Han , Shenshen Yang

Given multiple new COVID-19 variants are continuously emerging, non-pharmaceutical interventions are still primary control strategies to curb the further spread of coronavirus. However, implementing strict interventions over extended…

Populations and Evolution · Quantitative Biology 2022-03-01 Xiao Zhou , Xiaohu Zhang , Paolo Santi , Carlo Ratti

The impact of mitigation or control measures on an epidemics can be estimated by fitting the parameters of a compartmental model to empirical data, and running the model forward with modified parameters that account for a specific measure.…

Populations and Evolution · Quantitative Biology 2020-04-10 Jacopo Grilli , Matteo Marsili , Guido Sanguinetti

Autoregressive models are widely used for the analysis of time-series data, but they remain underutilized when estimating effects of interventions. This is in part due to endogeneity of the lagged outcome with any intervention of interest,…

Methodology · Statistics 2021-09-08 Matthew Cefalu , Terry Schell , Beth Ann Griffin , Rosanna Smart , Andrew Morral

Due to the COVID-19 pandemic, governments had to rapidly implement lockdown policies that restricted human mobility to suppress the spread of the disease and reduce mortality. Because of the movement restrictions resulting from government…

Computers and Society · Computer Science 2022-09-07 Ayobami Esther Olanrewaju , Patrick E. McSharry

The number of Covid-19 cases is increasing dramatically worldwide. Therefore, the availability of reliable forecasts for the number of cases in the coming days is of fundamental importance. We propose a simple statistical method for…

Tropical cyclones have always been a concern for public authorities in the U.S., with a season lasting nearly half of the year. Using longitudinal data on economic growth and exposure to tropical cyclones, we provide new comprehensive…

Applications · Statistics 2023-08-23 Eric Kulanthaivelu

Methods to find counterfactual explanations have predominantly focused on one step decision making processes. In this work, we initiate the development of methods to find counterfactual explanations for decision making processes in which…

Machine Learning · Computer Science 2021-10-28 Stratis Tsirtsis , Abir De , Manuel Gomez-Rodriguez

Can uncertainty about credit availability trigger a slowdown in real activity? This question is answered by using a novel method to identify shocks to uncertainty in access to credit. Time-variation in uncertainty about credit availability…

Econometrics · Economics 2020-05-01 Pratiti Chatterjee , David Gunawan , Robert Kohn

Regional quarantine policies, in which a portion of a population surrounding infections are locked down, are an important tool to contain disease. However, jurisdictional governments -- such as cities, counties, states, and countries -- act…

Physics and Society · Physics 2021-06-10 Arun G. Chandrasekhar , Paul Goldsmith-Pinkham , Matthew O. Jackson , Samuel Thau

We study and predict the evolution of Covid-19 in six US states from the period May 1 through August 31 using a discrete compartment-based model and prescribe active intervention policies, like lockdowns, on the basis of minimizing a loss…

Applications · Statistics 2020-08-06 Hamid Eftekhari , Debarghya Mukherjee , Moulinath Banerjee , Ya'acov Ritov

This paper repurposes the classic insight from network theory that long-distance connections drive disease propagation into a strategy for controlling a second wave of Covid-19. We simulate a scenario in which a lockdown is first imposed on…

Social and Information Networks · Computer Science 2020-05-27 Jan-Tino Brethouwer , Arnout van de Rijt , Roy Lindelauf , Robbert Fokkink

It is shown that the outcomes of measurements on systems in separable mixed states can be partitioned, via subsequent measurements on a disentangled extraneous system, into subensembles that display the statistics of entangled states. This…

Quantum Physics · Physics 2016-09-08 Oliver Cohen

After the introduction of drastic containment measures aimed at stopping the epidemic contagion from SARS-CoV2, many governments have adopted a strategy based on a periodic relaxation of such measures in the face of a severe economic crisis…

Populations and Evolution · Quantitative Biology 2021-06-10 Giacomo Albi , Lorenzo Pareschi , Mattia Zanella
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