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JobMarketPaper/Paper/sections/04_EconometricModel.tex

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TeX

\documentclass[../Main.tex]{subfiles}
\graphicspath{{\subfix{Assets/img/}}}
\begin{document}
%% Describe goal
% Estimate probability distribution of normalized durations and conclusion statuses.
% Explain why this answers questions well.
% How do I propose estimating that?
%%NOTATION
% change notation
% i indexes trials for y and d
% n indexes snapshots within the trial
First, some notation:
\begin{itemize}
\item $i$: indexes trials
\item $n$: indexes trial snapshots.
\item $y_i$: whether each trial terminated (true) or completed (false).
\item $d_i$: indexes the ICD-10 disease categories per trial.
\item $x_{i,n}$: represents the other dependent
variables associated with the snapshot.
% This includes\footnote{No trials in the current dataset are ever suspended.}:
% \begin{enumerate}
% \item Elapsed duration
% \item arcsinh of the number of brands
% \item arcsinh of the DALYs from high SDI countries
% \item arcsinh of the DALYs from high-medium SDI countries
% \item Enrollment (no distinction between anticipated or actual)
% \item Dummy Status: Not yet recruiting
% \item Dummy Status: Recruiting
% \item Dummy Status: Active, not recruiting
% \item Dummy Status: Enrolling by invitation
% \end{enumerate}
\end{itemize}
% The arcsinh transform is used because it is similar to a log transform but
% maps $\text{arcsinh}(0)=0$.
The bayesian model to measure the direct effect of enrollment
is specified as a hierarchal logistic regression.
\begin{align}
y_i \sim \text{Bernoulli}(p_{i,n}) \\
p_{i,n} = \text{logit}(x_{i,n} \vec \beta(d_n))
\end{align}
Where beta is indexed by
$d \in \{1,2,\dots,21,22\}$
for each general ICD-10 category.
The betas are distributed
\begin{align}
\beta(d) \sim \text{Normal}(\mu,\sigma I)
\end{align}
With hyperpriors
\begin{align}
\mu_k \sim \text{Normal}(0,0.05) \\
\sigma_k \sim \text{Gamma}(4,20)
\end{align}
\todo{Double check that these are the priors I used.}
Other variables are implicitly conditioned-on as they are used
to select the trials of interest.
I ensured that:
\todo{double check these in the code.}
\begin{itemize}
\item The trial is Phase 3.
\item The trial has a Data Monitoring Committee.
\item The compounds are FDA regulated drug.
\item The trial was never suspended\footnote{
This was because I wasn't sure how to handle it in the model
when I started scraping the data.
Later the website changed.
This is technically post selection in some cases.
}
\end{itemize}
\todo{Make sure data is described before this point.}
\todo{Put in a standard econometrics model}
\begin{equation}
x\beta = \beta_0 + \beta_1 \times \text{test}
\label{eq:test}
\end{equation}
\end{document}