Strengthening Instrumental Variables Through Weighting

Strengthening Instrumental Variables Through Weighting Instrumental variable (IV) methods are widely used to deal with the issue of unmeasured confounding and are becoming popular in health and medical research. IV models are able to obtain consistent estimates in the presence of unmeasured confounding, but rely on assumptions that are hard to verify and often criticized. An instrument is a variable that influences or encourages individuals toward a particular treatment without directly affecting the outcome. Estimates obtained using instruments with a weak influence over the treatment are known to have larger small-sample bias and to be less robust to the critical IV assumption that the instrument is randomly assigned. In this work, we propose a weighting procedure for strengthening the instrument while matching. Through simulations, weighting is shown to strengthen the instrument and improve robustness of resulting estimates. Unlike existing methods, weighting is shown to increase instrument strength without compromising match quality. We illustrate the method in a study comparing mortality between kidney dialysis patients receiving hemodialysis or peritoneal dialysis as treatment for end-stage renal disease. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Statistics in Biosciences Springer Journals

Strengthening Instrumental Variables Through Weighting

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Publisher
Springer US
Copyright
Copyright © 2016 by International Chinese Statistical Association
Subject
Statistics; Statistics for Life Sciences, Medicine, Health Sciences; Biostatistics; Theoretical Ecology/Statistics
ISSN
1867-1764
eISSN
1867-1772
D.O.I.
10.1007/s12561-016-9149-9
Publisher site
See Article on Publisher Site

Abstract

Instrumental variable (IV) methods are widely used to deal with the issue of unmeasured confounding and are becoming popular in health and medical research. IV models are able to obtain consistent estimates in the presence of unmeasured confounding, but rely on assumptions that are hard to verify and often criticized. An instrument is a variable that influences or encourages individuals toward a particular treatment without directly affecting the outcome. Estimates obtained using instruments with a weak influence over the treatment are known to have larger small-sample bias and to be less robust to the critical IV assumption that the instrument is randomly assigned. In this work, we propose a weighting procedure for strengthening the instrument while matching. Through simulations, weighting is shown to strengthen the instrument and improve robustness of resulting estimates. Unlike existing methods, weighting is shown to increase instrument strength without compromising match quality. We illustrate the method in a study comparing mortality between kidney dialysis patients receiving hemodialysis or peritoneal dialysis as treatment for end-stage renal disease.

Journal

Statistics in BiosciencesSpringer Journals

Published: May 26, 2016

References

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