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Young researcher Seminar – Florence Center for Data Science
May 22, 2023 @ 11:00 - 12:00
Welcome another seminar of the “Young Researchers Seminar Series“!
The Seminar will be held both on-site and online Monday 22th May 2023 at 11:00 AM.
https://us02web.zoom.us/webinar/register/WN_4-1IeZgrS6WpY-En-JKoZw
Title: Starting Strong: The Impact of Early Interventions on Employee Outcomes
Abstract:
In randomized experiments with insufficient covariates, confounders can bias point estimates. We introduce rank estimates in factorial designs and discuss their relative robustness. We argue that, in many applied settings, identifying the top-ranked intervention is more critical than recovering exact point estimates. Using data from an experiment conducted at a large financial firm, our method provides evidence that interventions in the first week of an internship have the largest sustained effect on intern rating. Further, the data is suggestive that these early interventions have the greatest impact on interns eventually accepting an extended offer. This principle — intervene early — has important managerial implications.