Evaluating Uplift Models
<p>One of the most widespread applications of causal inference in the industry is <strong>uplift modeling</strong>, a.k.a. the estimation of Conditional Average Treatment Effects.</p>
<p>When estimating the causal effect of a <strong>treatment</strong> (a drug, ad, product, …) on an <strong>outcome</strong> of interest (a disease, firm revenue, customer satisfaction, …), we are often not only interested in understanding whether the treatment works on average, but we would like to know for which <strong>subjects</strong> (patients, users, customers, …) it works better or worse.</p>
<p><a href="https://medium.com/towards-data-science/evaluating-uplift-models-8a078996a113"><strong>Read More</strong></a></p>