Marginal Treatment Effects from a Propensity Score Perspective
从倾向得分角度重新定义边际处理效应,使其权重更简单直观,便于计算,并揭示边际个体的处理效应异质性,用于评估政策效果。
We offer a propensity score perspective to interpret and analyze the marginal treatment effect (MTE). Specifically, we redefine MTE as the expected treatment effect conditional on the propensity score and a latent variable representing unobserved resistance to treatment. As with the original MTE, the redefined MTE can be used as a building block for constructing standard causal estimands. The weights associated with the new MTE, however, are simpler, more intuitive, and easier to compute. Moreover, the redefined MTE immediately reveals treatment effect heterogeneity among individuals at the margin of treatment, enabling us to evaluate a wide range of policy effects.