I was wondering about the ethics of using lasso regression for variable selection and then simply entering the selected variables into a standard regression.
Is it kosher to do this?
I was wondering about the ethics of using lasso regression for variable selection and then simply entering the selected variables into a standard regression.
Is it kosher to do this?
This is not kosher, but if you do it anyway, I won't tell anyone.
The reason this is frowned upon is because you are performing model selection (that's the second S in LASSO), and in model selection you are reusing your data to figure out the best model. I'm hoping someone else can give you a better explanation mathematically, because I don't think I can. You are simply messing with the conditionality that got you to $\hat\beta^{LASSO}$.