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A Reinforcement Learning Approach to Estimating Long-term Treatment Effects

2022-10-14 · Ziyang Tang, Yiheng Duan, Stephanie Zhang, Lihong Li

Randomized experiments (a.k.a. A/B tests) are a powerful tool for estimating treatment effects, to inform decisions making in business, healthcare and other applications. In many problems, the treatment has a lasting effect that evolves over time. A limitation with randomized experiments is that they do not easily extend to measure long-term effects, since running long experiments is time-consuming and expensive. In this paper, we take a reinforcement learning (RL) approach that estimates the average reward in a Markov process. Motivated by real-world scenarios where the observed state transition is nonstationary, we develop a new algorithm for a class of nonstationary problems, and demonstrate promising results in two synthetic datasets and one online store dataset.

📄 PDF Abstract BibTeX arXiv:2210.07536

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reinforcement-learningReinforcement LearningReinforcement Learning (RL)

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