The potential outcomes approach to causal inference postulates that each in
dividual has a number of possibly latent outcomes, each of which would be o
bserved under a different treatment. For any individual, some of these outc
omes will be unobservable or counterfactual. Information about post-treatme
nt characteristics sometimes allows statements about what would have happen
ed if an individual or group with these characteristics had received a diff
erent treatment. These are statements about the realized effects of the tre
atment. Determining the likely effect of an intervention before making a de
cision involves inference about effects in populations defined only by char
acteristics observed before decisions about treatment are made. Information
on realized effects can tighten bounds on these prospectively defined meas
ures of the intervention effect. We derive formulae for the bounds and thei
r sampling variances and illustrate these points with data from a hypotheti
cal study of the efficacy of screening mammography.