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Manjari Narayan's avatar

The frontiers of biostatistics is filled with a variety of "variance explained" equivalent measures but based on interventional prediction rather than associational/observational prediction (per Pearl's ladder of different "predictions"). They haven't been written up for a mainstream audience. Former RAND statistics group members have done work on this!

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Kris Willis's avatar

I am also cautiously optimistic about the changes in how peer review will be deployed, both at NSF and NIH. Peer review at the agencies was not conceived or designed to make fine-grained distinctions between a set of meritorious proposals. It was meant as a bulwark against political interference into free inquiry (seems relevant), and to advise (not dictate) the decisions of agency employees who were, to quote Vannevar, "persons of broad interest in and understanding of the peculiarities of scientific research and education". At NIH, there are reasons to believe that moving away from strict adherence to pay-by-score-order, which only developed and calcified in recent decades, will have positive effects on support for innovative proposals, emerging areas of research, and early stage investigators. It's something I will be watching closely in the coming months, and I'm sure you will be too.

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