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- W2337718236 abstract "Although complete randomization ensures covariate balance on average, the chance for observing significant differences between treatment and control covariate distributions increases with many covariates. Rerandomization discards randomizations that do not satisfy a predetermined covariate balance criterion, generally resulting in better covariate balance and more precise estimates of causal effects. Previous theory has derived finite sample theory for rerandomization under the assumptions of equal treatment group sizes, Gaussian covariate and outcome distributions, or additive causal effects, but not for the general sampling distribution of the difference-in-means estimator for the average causal effect. To supplement existing results, we develop asymptotic theory for rerandomization without these assumptions, which reveals a non-Gaussian asymptotic distribution for this estimator, specifically a linear combination of a Gaussian random variable and a truncated Gaussian random variable. This distribution follows because rerandomization affects only the projection of potential outcomes onto the covariate space but does not affect the corresponding orthogonal residuals. We also demonstrate that, compared to complete randomization, rerandomization reduces the asymptotic sampling variances and quantile ranges of the difference-in-means estimator. Moreover, our work allows the construction of accurate large-sample confidence intervals for the average causal effect, thereby revealing further advantages of rerandomization over complete randomization." @default.
- W2337718236 created "2016-06-24" @default.
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- W2337718236 date "2016-04-03" @default.
- W2337718236 modified "2023-09-23" @default.
- W2337718236 title "Asymptotic Theory of Rerandomization in Treatment-Control Experiments" @default.
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- W2337718236 doi "https://doi.org/10.48550/arxiv.1604.00698" @default.
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