Machine learning is mostly used for predicting outcome variables. But in many cases, we are interested in causal questions: Why do customers churn? What is the effect of a price change on sales? How can we optimize personalized marketing campaigns or medical treatments?
This tutorial introduces participants to the field of Causal Machine Learning (Causal ML). We will start with a basic motivation of causal analysis and share insights on how to recognize causal questions in data science. We will dive into the basics of Causal ML: Why can't we simply use of-the-shelf ML methods to answer causal questions? The tutorial will focus on the Double Machine Learning approach and demonstrate the use of Causal ML with the Python library DoubleML (Bach et al., 2022). The general introduction will be complemented by hands-on data examples and interactive discussion and Q&A sessions. The tutorial is a great starting point for participants to discover Causality/Causal ML and start their own causal data science projects.
Bach, P., Chernozhukov, V., Kurz, M. S., and Spindler, M. (2022), DoubleML - An Object-Oriented Implementation of Double Machine Learning in Python, Journal of Machine Learning Research, 23(53): 1-6, https://www.jmlr.org/papers/v23/21-0862.html
Affiliation: Uni Hamburg, Economic AI GmbH
I'm a postdoc in statistics and causal machine learning and apply these methods to economics and business problems ; I'm also organizing and teaching industry trainings in causality and causal machine learning. I'm part of the DoubleML developer team.