Publications by Golub Capital Social Impact Lab

Browse or search publications from faculty affiliated with the lab.

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Journal Article

Presidential Address: The Economist as Designer in the Innovation Process for Socially Impactful Digital Products

Susan Athey
American Economic Review April2025 Vol. 115 Issue 4

This paper provides an economic perspective on data-driven innovation in digital products, focusing on the role of complex experiments in measuring and improving social impact. The discussion highlights how tools and insights from economics…

Other Publication

Choosing the “Right” Default Donation Amounts for Each Donor to Balance Multiple Fundraising Objectives

Susan Athey, Kristine Koutout, Shanjukta Nath
Golub Capital Social Impact Lab November2024

This report describes insights gleaned from the Data Fellows collaboration between PayPal and the Golub Capital Social Impact Lab at Stanford University’s Graduate School of Business. By embedding researchers in PayPal’s charitable giving team,…

Working Paper

The Heterogeneous Impact of Changes in Default Gift Amounts on Fundraising

Susan Athey, Undral Byambadalai, Matias Cersosimo, Kristine Koutout, Shanjukta Nath
April2024

When choosing whether and how much to donate, potential donors often observe a set of default donation amounts known as an “ask string.” In an experiment with more than 400,000 PayPal users, we replace a relatively unused donation amount ($75) on…

Working Paper

Torch-Choice: A PyTorch Package for Large-Scale Choice Modelling with Python

Tianyu Du, Ayush Kanodia, Susan Athey
July2023

The torch-choice is an open-source library for flexible, fast choice modeling with Python and PyTorch. torch-choice provides a ChoiceDataset data structure to manage databases flexibly and memory-efficiently. The paper demonstrates constructing a…

Journal Article

Estimating Heterogeneous Treatment Effects with Right-Censored Data via Causal Survival Forests

Yifan Cui, Michael R. Kosorok, Erik Sverdrup, Stefan Wager, Ruoqing Zhu
Journal of the Royal Statistical Society Series B: Statistical Methodology April2023 Vol. 85 Issue 2

Forest-based methods have recently gained in popularity for non-parametric treatment effect estimation. Building on this line of work, we introduce causal survival forests, which can be used to estimate heterogeneous treatment effects in survival…

Other Publication

PayPal Giving Experiments

Matias Cersosimo, Matt Jarvis, Shannon Coyne Rosado, Leah R. Rosenzweig, Susan Athey, Dean Karlan
Golub Capital Social Impact Lab October2022

This report describes insights gleaned from the Data Fellows collaboration among PayPal, Northwestern University’s Kellogg School of Management, the Golub Capital Social Impact Lab at Stanford University’s Graduate School of Business, and…

Journal Article

Synthetic Difference-in-Differences

Dmitry Arkhangelsky, Susan Athey, David A. Hirshberg, Guido W. Imbens, Stefan Wager
American Economic Review December2021 Vol. 111 Issue 12

We present a new estimator for causal effects with panel data that builds on insights behind the widely used difference-in-differences and synthetic control methods. Relative to these methods we find, both theoretically and empirically, that this…

Journal Article

Breiman’s Two Cultures: A Perspective from Econometrics

Guido W. Imbens, Susan Athey
Observational Studies July2021 Vol. 7 Issue 1

Breiman’s “Two Cultures” paper painted a picture of two disciplines, data modeling, and algorithmic machine learning, both engaged in the analyses of data but talking past each other. Although that may have been true at the time, there is now…

Other Publication

Practitioner’s Guide: Designing Adaptive Experiments

Vitor Hadad, Leah R. Rosenzweig, Susan Athey, Dean Karlan
Golub Capital Social Impact Lab March2021

Adaptive experiments present a unique opportunity to more rapidly learn which of many treatments work best, evaluate multiple hypotheses, and optimize for several objectives. For example, they can be used to pilot a large number of potential…

Journal Article

Sampling-based vs. Design-based Uncertainty in Regression Analysis

Alberto Abadie, Susan Athey, Guido W. Imbens, Jeffrey M. Wooldridge
Econometrica January12020 Vol. 88 Issue 1

Consider a researcher estimating the parameters of a regression function based on data for all 50 states in the United States or on data for all visits to a website. What is the interpretation of the estimated parameters and the standard errors?…

Journal Article

Approximate Residual Balancing: Debiased Inference of Average Treatment Effects in High Dimensions

Susan Athey, Guido W. Imbens, Stefan Wager
Journal of the Royal Statistical Society-Series B February182018 Vol. 80 Issue 4

There are many settings where researchers are interested in estimating average treatment effects and are willing to rely on the unconfoundedness assumption, which requires that the treatment assignment be as good as random conditional on…