Causal Inference from Text: Unveiling Interactions between Variables

Yuxiang Zhou, Yulan He


Abstract
Adjusting for latent covariates is crucial for estimating causal effects from observational textual data. Most existing methods only account for confounding covariates that affect both treatment and outcome, potentially leading to biased causal effects. This bias arises from insufficient consideration of non-confounding covariates, which are relevant only to either the treatment or the outcome. In this work, we aim to mitigate the bias by unveiling interactions between different variables to disentangle the non-confounding covariates when estimating causal effects from text. The disentangling process ensures covariates only contribute to their respective objectives, enabling independence between variables. Additionally, we impose a constraint to balance representations from the treated group and control group to alleviate selection bias. We conduct experiments on two different treatment factors under various scenarios, and the proposed model significantly outperforms recent strong baselines. Furthermore, our thorough analysis on earnings call transcripts demonstrates that our model can effectively disentangle the variables, and further investigations into real-world scenarios provide guidance for investors to make informed decisions.
Anthology ID:
2023.findings-emnlp.709
Original:
2023.findings-emnlp.709v1
Version 2:
2023.findings-emnlp.709v2
Volume:
Findings of the Association for Computational Linguistics: EMNLP 2023
Month:
December
Year:
2023
Address:
Singapore
Editors:
Houda Bouamor, Juan Pino, Kalika Bali
Venue:
Findings
SIG:
Publisher:
Association for Computational Linguistics
Note:
Pages:
10559–10571
Language:
URL:
https://aclanthology.org/2023.findings-emnlp.709
DOI:
10.18653/v1/2023.findings-emnlp.709
Bibkey:
Cite (ACL):
Yuxiang Zhou and Yulan He. 2023. Causal Inference from Text: Unveiling Interactions between Variables. In Findings of the Association for Computational Linguistics: EMNLP 2023, pages 10559–10571, Singapore. Association for Computational Linguistics.
Cite (Informal):
Causal Inference from Text: Unveiling Interactions between Variables (Zhou & He, Findings 2023)
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PDF:
https://aclanthology.org/2023.findings-emnlp.709.pdf