Full paper available at SSRN. The recent economic and financial crisis of 2007-2009 had dramatic consequences for individuals, communities, corporations, and governments around the world. In fact, the period of the crisis has been named the “Great Recession” because it is the worst post-World War II contraction on record.[1] According to the U.S. Department of [?]

It is hard for any business leader today to ignore sustainability. Indeed, the latest UN Global Compact–Accenture CEO study found that 97% of the 1,000 CEOs interviewed across 103 countries and 27 industries see sustainability as important to the future success of their business. Moreover, 78% see sustainability as an opportunity for growth and innovation. [?]

Michael Levie, a seasoned hotel executive, and Rattan Chadha, a successful retail entrepreneur, were having dinner. The topic of conversation was the hotel industry. Both men thought that the industry was stale and too homogeneous relative to the diversity of customers it sought to serve. The industry had largely been unaltered since the onset of [?]

| Peter Klein | Because we?ve been somewhat skeptical of randomized-controlled trials ? not the technique itself, but the way it is over-hyped by its proponents ? you may enjoy Angus Deaton?s critique of RCTs in development economics. I learned of Deaton?s arguments from this excellent piece by Chris Blattman in Foreign Policy. Here is the key paper, [?]

| Peter Klein | Angus Deaton has won the 2015 Nobel Prize for his work on measuring consumption and inequality. You can find lots of discussion in the usual places; Lynne has a nice summary here. I don?t know Deaton?s work well but he has been on the unofficial short list for the last several [?]

| Lasse Lien | This is admittedly a shameless attempt to increase my human capital ? by promoting the paper with the title above. The paper is joint work with Eirik S. Knudsen, and it is recently out in SEJ. Abstract: We examine how firms? relative emphasis on exploration and exploitation influence their human capital responses [?]

A couple years ago Wei and I published a paper, Difficulty of selecting among multilevel models using predictive accuracy, in which we . . . well, we discussed the difficulty of selecting among multilevel models using predictive accuracy. The paper happened as follows. We?d been fitting hierarchical logistic regressions of poll data and I had [?]

The post 3 reasons why you can?t always use predictive performance to choose among models appeared first on Statistical Modeling, Causal Inference, and Social Science.

Hey, just once, the Buzzfeed-style hype is appropriate. We have 3 amazing postdoc opportunities here, and you need to apply NOW. Here?s the deal: we?re working on some amazing projects. You know about Stan and associated exciting projects in computational statistics. There?s the virtual database query, which is the way I like to describe our [?]

The post 3 postdoc opportunities you can?t miss?here in our group at Columbia! Apply NOW, don?t miss out! appeared first on Statistical Modeling, Causal Inference, and Social Science.

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The post The answer to my previous question appeared first on Statistical Modeling, Causal Inference, and Social Science.

Press article: @Moedas encourages text and data mining (#TDM #openaccess) https://t.co/SEhGA9Xqkg (@scibus) — Open Access EC (@OpenAccessEC) October 22, 2015 Publishers beware: Moedas gets serious about #OpenAccess . The European Commission wants #AcademicJournals to be "free to read"Posted by Science|Business...

Elon MBA named nation's #1 "best administered" program http://t.co/NVIzi6D1AQ via @ElonNews. Nice to be recognized by the students. — Raghu Tadepalli (@tadepallir) October 7, 2015

investinclimate.org at Georgetown University’s McDonough School of Business. Several important commitments made at the Secretary’s Climate and Clean Energy Investment Forum on October 20-21. https://t.co/1uXurUgcCy — BizDeansTalk (@BizDeansTalk) October 22, 2015