Approaches to Analyzing Causal and Composite Formative Factors

In today’s episode, Patrick and Greg talk about the challenge of having causal indicators of formative factors within an analytical framework that is historically dominated by effect indicators and latent factors — and the critical importance of getting your arrows right. Along the way they also mention: self help books, habits, Hagrid and the giants, When Arrows Attack, The Handbook of SEM, the evil eye factor, defining your terms, the meaning of IS, minority reports, putting your fist through the office wall, lawyering, being deposed, How does it know?, doubling down, and bad JFK impressions. 

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