Tous les podcasts de la Faculté des HEC de l'Université de Lausanne
Morgane FIBICHER, étudiante Master en sciences actuarielles
Thomas LÄNGER, Faculté des hautes études commerciales (HEC)Thomas LÄNGER, Faculté des hautes études commerciales (HEC)
Jayson DANTON, étudiant Master en économie politique
Virginie KYRIAKOPOULOS, étudiante Master en Droit et économie
Raphaël PARCHET, Faculté des hautes études commerciales (HEC)
Official video presentation of HEC Lausanne
Robert DANON, professeur en droit fiscal, HEC Lausanne et Faculté de droit de l'UNIL
Robert DANON, professeur de droit fiscal à HEC et à la Faculté de droit de l'UNIL
John ANTONAKIS, professeur de leadership à HEC Lausanne
Benoît GARBINATO, professeur au Départment des systèmes d'information à HEC Lausanne
Jane KHAYESI, Faculté des hautes études commerciales
Marius BRULHART, professeur d'économie, Faculté des HEC
Marius BRULHART, professeur d'économie, Faculté des HEC
Yves PIGNEUR, professeur UNIL
Délia NILLES, directrice adjointe de l'Institut CREA
Jean-Philippe BONARDI, professeur et directeur du Département de stratégie
Stéphane GARELLI, professeur du Département de stratégie, UNIL
John ANTONAKIS, professeur de leadership à HEC Lausanne
Philippe BACHETTA, professeur d'économie à HEC Lausanne
Laurent STECK, étudiant Master en systèmes d'information
Aurélie CISIER, étudiante Master en comptabilité, contrôle et finance
A key assumption of regression analysis (or structural equation modeling) is that the modeled independent variables are not endogenous. Yet, the problems of endogeneity are not well known to researchers working in many social sciences disciplines (e.g., management, applied psychology, sociology, etc.). When the independent variable has not been exogenously manipulated, there is a strong possibility that its relationship to a dependent variable will not be correctly estimated, leading to spurious findings. This podcast gives a brief and vivid overview to endogeneity and why it is engendered. Prof. John Antonakis discusses the problems of endogeneity using non-technical language and intuitive explanations; he shows that the observed relationship that is estimated can be very misleading when the independent variable is endogenous.
A key assumption of regression analysis (or structural equation modeling) is that the modeled independent variables are not endogenous. Yet, the problems of endogeneity are not well known to researchers working in many social sciences disciplines (e.g., management, applied psychology, sociology, etc.). When the independent variable has not been exogenously manipulated, there is a strong possibility that its relationship to a dependent variable will not be correctly estimated, leading to spurious findings. This podcast gives a brief and vivid overview to endogeneity and why it is engendered. Prof. John Antonakis discusses the problems of endogeneity using non-technical language and intuitive explanations; he shows that when the independent variable is endogenous--which is also possible in experimental designs (when the mediator is endogenous)--the observed relationship that is estimated can be very misleading. Prof. Antonakis demonstrates how the problem of endogeneity can be solved using procedures borrowed from econometrics (i.e., two-stage least square regression estimator).
It is well known that endogeneity leads to inconsistent estimates. Unfortunately, many researchers working outside of economics are not aware of the problem of endogeneity and how to deal with it. Prof. John Antonakis shows how the two-stage least squares (2SLS) estimator recovers causal estimates in the presence of endogeneity (which includes the problem of common-method variance). He also shows that endogeneity can even be prevalent in experimental designs, when researchers estimate mediation models; that is, where the causal effect of an exogenous variable on a dependent variable is mediated by an endogenous variable (or a manipulation check).
Jim STENGEL, president and CEO of The Jim Stengel Company
Jim STENGEL, president and CEO of The Jim Stengel Company
Dominique ARLETTAZ, Recteur UNIL et Maia WENTLAND, vice-doyenne HEC
Dr Shirin EBADI, Prix Nobel de la Paix
Débat avec Klaus SCHWAB, Laura TYSON, Pierre LANDOLT, Susan GEORGE, Darrell DUFFIE et Paola GHILLANI (modération Delia METH-COHN de The Economist). Ouverture par le prof. Guido PALAZZO
Fanny PRISER, étudiante en Bachelor HEC Lausanne
Marie-Hélène MIAUTON, fondatrice de M.I.S Trend
David DUDOK DE WIT, étudiant en Master HEC Lausanne
Gianni CISERANI, Président de Procter & Gamble Western Europe