Matched Machine Learning: A Generalized Framework for Treatment Effect Inference With Learned Metrics
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We introduce Matched Machine Learning, a framework that combines the flexibility of machine learning black boxes with the interpretability of matching, a longstanding tool in observational causal inference. Interpretability is paramount in many high-stakes application of causal inference. Current tools for nonparametric estimation of both average and individualized treatment effects are black-boxes that do not allow for human auditing of estimates. Our framework uses machine learning to learn an optimal metric for matching units and estimating outcomes, thus achieving the performance of machine learning black-boxes, while being interpretable. Our general framework encompasses several published works as special cases. We provide asymptotic inference theory for our proposed framework, enabling users to construct approximate confidence intervals around estimates of both individualized and average treatment effects. We show empirically that instances of Matched Machine Learning perform on par with black-box machine learning methods and better than existing matching methods for similar problems. Finally, in our application we show how Matched Machine Learning can be used to perform causal inference even when covariate data are highly complex: we study an image dataset, and produce high quality matches and estimates of treatment effects.
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