Omitted-variable bias/Definition

From Citizendium
< Omitted-variable bias
Revision as of 12:06, 11 November 2012 by imported>Nick Gardner (Created page with "*<noinclude>{{Subpages}}</noinclude> The error that occurs when a economic model omits a significant causal factor - as a result of which it produces an overestimate or unde...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.


Omitted-variable bias [r]: The error that occurs when a economic model omits a significant causal factor - as a result of which it produces an overestimate or underestimate of the effect of another factor.

Retrieved from "https://citizendium.org/wiki/index.php?title=Omitted-variable_bias/Definition&oldid=765383"