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What is the field of selection bias and self-selection associated with James Heckman called?
The Heckman correction
The Heckman equation
The Heckman constant
The Heckman variable
Answer
The Heckman correction is a method of statistical analysis used to correct for selection bias. It is named after its developer, Nobel Prize-winning economist James Heckman. The Heckman correction is used in econometrics to estimate the causal effect of a treatment on an outcome when there is selection bias.
The Heckman Hustle: Unraveling the World of James Heckman
More Questions
With whom did Heckman share the Nobel Memorial Prize in Economic Sciences in 2000?
Which prestigious prize did James Heckman win in 2000?
Heckman is also a Professor of Law where?
At which policy school is Heckman a Professor?
What is the name of the group Heckman co-directs concerning Human Capital and Economic Opportunity?
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