Analytics, statistics, operations research, data science and machine learning - with which term do you prefer associate? Are you from the House of Capulet or Montague, or do you even care? Shakespeare's Juliet derides excess identification with names in the famous play, Romeo and Juliet. "What's in a name? That which we call
As an economist, I started at SAS with a disadvantage when it comes to predictive modeling. After all, like most economists, I was taught how to estimate marginal effects of various programs, or treatment effects, with non-experimental data. We use a variety of identification assumptions and quasi-experiments to make causal
A while back The Wall Street Journal published the article “Corporate Economists Are Hot Again“ that chronicles the resurgence of in-house economists in corporate America. The role of a corporate economist may bring about visuals of classic economist stereotypes (watch Ben Stein play to this stereotype as a teacher in
