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Design Of Randomized Experiments In Networks, Dylan Walker, Lev Muchnik Nov 2014

Design Of Randomized Experiments In Networks, Dylan Walker, Lev Muchnik

Business Faculty Articles and Research

Over the last decade, the emergence of pervasive online and digitally enabled environments has created a rich source of detailed data on human behavior. Yet, the promise of big data has recently come under fire for its inability to separate correlation from causation-to derive actionable insights and yield effective policies. Fortunately, the same online platforms on which we interact on a day-to-day basis permit experimentation at large scales, ushering in a new movement toward big experiments. Randomized controlled trials are the heart of the scientific method and when designed correctly provide clean causal inferences that are robust and reproducible. However, …