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Anton Tarasenko
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On the Subjective Sense of Authority and Entitlement

A paper by Fourcade et al. tell all about us, sneaky economists: In this essay, we investigate the dominant position of economics within the network of the social sciences in the United States. We begin by documenting the relative insularity of economics,…
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In 2016, online lending marketplaces (OLM) took a hit. Lending Club disclosed falsification of loan data and CEO’s misbehavior. Graduate Leverage’s principal was sentenced to nine years for stealing  $16mn of investors’ money. Prosper.com cut one fourth…
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I put together some links for economists. These are standard tools and services, and you may have seen most of them already. But I’m sure this list is missing something you know of. So I’m asking you to have a look and contribute to posterity. This is the…
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A cautionary tale Four years ago leading universities jumped into the bandwagon of massive open online courses. They didn’t get much more attention since then: This is international data. In the US, interest in MOOCs declined, despite respectable…
Better Models for Education
Better Models for Education
antontarasenko.com
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Adam Ozimek asks, “Can Economics Change Your Mind?” In this skeptical view, economists and those who read economics are locked into ideologically motivated beliefs—liberals versus conservatives, for example—and just pick whatever empirical evidence…
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The tools mentioned here help manage reproducible research and handle new types of data. Why should you go after new data? New data provides new insights. For example, the recent Clark Medal winners used unconventional data in their major works. This data…
Software for Research
Software for Research
antontarasenko.com
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A crash course for economists who would like to learn machine learning. Why should economists bother at all? Machine learning (ML) generally outperforms econometrics in predictions. And that is why ML is becoming more popular in operations, where…
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I took Kaggle competitions to measure internal validity in data science. Validity is an issue because it’s easy to get good predictions with a long feature list. Researchers know about this problem, managers don’t. But managers have the data and…
Consistency in Data Science
Consistency in Data Science
antontarasenko.com
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Complex systems happen to have probabilistic, rather than deterministic, properties, and this fact made social sciences look deficient next to the real hard sciences (as if hard sciences predicted weather or earthquakes better than economics predicts…
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When East Asian countries grew at record rates, some articles attributed this to factor accumulation (eg Krugman 1994). Indeed, Japan and South Korea reinvested a lot of their output and also benefited from the growing working-age population. The data…
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