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Genetic Matching for Estimating Causal Effects: A General Multivariate Matching Method for Achieving Balance in Observational Studies

The Review of Economics and StatisticsPublished 10 October 2012
Alexis Diamond, Jasjeet S. Sekhon
Citations1,115
SJR quartileQ1
SJR score7.42
SNIP3.25

Abstract

This paper presents genetic matching, a method of multivariate matching that uses an evolutionary search algorithm to determine the weight each covariate is given. Both propensity score matching and matching based on Mahalanobis distance are limiting cases of this method. The algorithm makes transparent certain issues that all matching methods must confront. We present simulation studies that show that the algorithm improves covariate balance and that it may reduce bias if the selection on observables assumption holds. We then present a reanalysis of a number of data sets in the LaLonde (1986) controversy. © 2013 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Keywords

Mathematics