balance

object

Additional arguments to be passed to balance.

Returns the mean and standardized mean associated with each treatment group, before and after weighting.

CBPS is an R package that implements the covariate balancing propensity score proposed by Imai and Ratkovic (2014; JRSSB). The propensity score is estimated such that it maximizes the resulting covariate balance as well as the prediction of treatment assignment. The method, therefore, avoids an iteration between model fitting and balance checking.  The package also implements several extensions of the CBPS beyond the cross-sectional, binary treatment setting.  The current version implements the CBPS for longitudinal settings so that it can be used in conjunction with marginal structural models (Imai and Ratkovic, 2013a), treatments with three- and four-valued treatment variables (Fong, 2013), and the situation with multiple distinct binary treatments administered simultaneously. In the future it will be extended to other settings including continuous treatments and the generalization of experimental and instrumental variable estimates.

balance: Optimal Covariate Balance

Description

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