Targeted maximum likelihood estimation (TMLE) is a statistical method that aims to improve the efficiency of parameter estimation in causal inference by incorporating machine learning into the estimation process. This approach allows for the estimation of causal parameters, such as treatment effects, while addressing issues like model misspecification and selection bias. TMLE effectively combines standard maximum likelihood estimation with targeted learning techniques, making it particularly useful for estimating conditional average treatment effects and improving estimates derived from hybrid algorithms.
congrats on reading the definition of targeted maximum likelihood estimation. now let's actually learn it.