Super Crunchers

Why Thinking-by-numbers is the New Way to be Smart

Author: Ian Ayres

Publisher: Bantam

ISBN: 0553384732

Category: Business & Economics

Page: 307

View: 2543

Touting the benefits of detailed statistical analysis, an economist explains how sorting through mass quantities of easily stored information can offer greater insight into human behavior for businesses, governments, and consumers.
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Super Crunchers

Why Thinking-by-numbers is the New Way to be Smart

Author: Ian Ayres

Publisher: N.A

ISBN: 0553380540

Category: Regression analysis

Page: 260

View: 1822

Gone are the days of solely relying on intuition to make decisions. Today, number crunching affects your life in ways you might never imagine. Economist Ian Ayres shows how today's organizations are analyzing massive databases at lightning speed to provide greater insights into human behavior. From Web sites like Google and Amazon that know your tastes, to a physician's diagnosis or your child's education, to boardrooms and government agencies, this new breed of decisionmakers are calling the shots. And they are delivering staggeringly accurate results. How can a football coach evaluate a player without ever seeing him play? How can a formula outpredict wine experts in determining the best vintages? Super crunchers have the answers. In this brave new world of equation versus expertise, Ayres shows us the benefits and risks, who loses and who wins, and how super crunching can be used to help, not manipulate us.--From publisher description.
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Super crunchers

how anything can be predicted

Author: Ian Ayres

Publisher: N.A

ISBN: N.A

Category: Mathematics

Page: 260

View: 7535

Companies used to rely on human experts and their years of experience to guide them. Now, cutting-edge organizations are mining the data and crunching numbers instead, to come up with more accurate, less biased predictions. As Freakonomics detailed, statistical analysis can reveal the secret levers of causation. But economist Ian Ayres argues that that's only part of the story: super crunching is revolutionizing the way we all make decisions. Beginning with examples of the mathematician who out-predicted wine buffs in determining the best vintages, and the sports scouts who now use statistics rather than intuition to pick winners, Super Crunchers exposes the world of data-miners, introducing the people and the techniques. It illuminates the hidden patterns all around us. No businessperson, academic, student, or consumer (statistically that's everyone) should make another move without getting to grips with thinking-by-numbers -" the new way to be smart, savvy and statistically superior.
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Key Performance Indicators (KPI)

The 75 measures every manager needs to know

Author: Bernard Marr

Publisher: Pearson UK

ISBN: 0273750380

Category: Business & Economics

Page: 376

View: 8987

By identifying and describing the most powerful financial and non-financial KPIs, this book will make life easier for you by defining them, explaining how and when they should be used and providing a rich library of KPIs that have been proven to significantly improve performance. The book presents case examples to illustrate the selection and use of the KPIs and provides tools such as KPI selection templates and Key Performance Questions to help you apply the most appropriate KPIs effectively in your business.
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Carrots and Sticks

Unlock the Power of Incentives to Get Things Done

Author: Ian Ayres

Publisher: Bantam

ISBN: 0553907824

Category: Self-Help

Page: 240

View: 5396

Could you lose weight if you put $20,000 at risk? Would you finally set up your billing software if it meant that your favorite charity would earn a new contribution? If you’ve ever tried to meet a goal and came up short, the problem may not have been that the goal was too difficult or that you lacked the discipline to succeed. From giving up cigarettes to increasing your productivity at work, you may simply have neglected to give yourself the proper incentives. In Carrot and Sticks, Ian Ayres, the New York Times bestselling author of Super Crunchers, applies the lessons learned from behavioral economics—the fascinating new science of rewards and punishments—to introduce readers to the concept of “commitment contracts”: an easy but high-powered strategy for setting and achieving goals already in use by successful companies and individuals across America. As co-founder of the website stickK.com (where people have entered into their own “commitment contracts” and collectively put more than $3 million on the line), Ayres has developed contracts—including the one he honored with himself to lose more than twenty pounds in one year—that have already helped many find the best way to help themselves at work or home. Now he reveals the strategies that can give you the impetus to meet your personal and professional goals, including how to • motivate your employees • create a monthly budget • set and meet deadlines • improve your diet • learn a foreign language • finish a report or project you’ve been putting off • clear your desk Ayres shares engaging, often astounding, real-life stories that show the carrot-and-stick principle in action, from the compulsive sneezer who needed a “stick” (the potential loss of $50 per week to a charity he didn’t like) to those who need a carrot with their stick (the New York Times columnist who quit smoking by pledging a friend $5,000 per smoke . . . if she would do the same for him). You’ll learn why you might want to hire a “professional nagger” whom you’ll do anything to avoid—no, your spouse won’t do!—and how you can “hand-tie” your future self to accomplish what you want done now. You’ll find out how a New Zealand ad exec successfully “sold his smoking addiction,” and why Zappos offered new employees $2,000 to quit cigarettes. As fascinating as it is practical, as much about human behavior as about how to change it, Carrots and Sticks is sure to be one of the most talked-about books of the year. From the Hardcover edition.
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The Numerati

Author: Stephen Baker

Publisher: Houghton Mifflin Harcourt

ISBN: 9780547247939

Category: Business & Economics

Page: 244

View: 6804

Examines the Numerati, a global cadre of mathematicians and computer scientists, and how their analyses and predictions are transforming the way people live, work, buy, and vote.
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Everything Is Miscellaneous

The Power of the New Digital Disorder

Author: David Weinberger

Publisher: Macmillan

ISBN: 9780805088113

Category: Business & Economics

Page: 277

View: 6264

The seminal author of Small Pieces Loosely Joined analyzes the implications of the digital revolution in terms of modern-day business, education, politics, science, and culture and explains how to take advantage of the new emphasis on the miscellaneous and the deluge of information in both the workplace and in one's personal life. 60,000 first printing.
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Responsive Regulation

Transcending the Deregulation Debate

Author: Ian Ayres,John Braithwaite

Publisher: Oxford University Press on Demand

ISBN: 0195093763

Category: Science

Page: 205

View: 3056

Drawing extensively on empirical studies from the US, UK, Australia, and New Zealand, John Braithwaite and Ian Ayres offer an well-argued addition to the comparative literature on government regulation. In an effort to transcend the ongoing debate between those who favour strong state regulation and those who call for deregulation, they argue that regulation does not have to proceed with an adversarial tone, nor does it have to be 'soft' or 'hard' to be effective.
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Beyond Numeracy

Author: John Allen Paulos

Publisher: Vintage

ISBN: 030783333X

Category: Mathematics

Page: 304

View: 610

From the author of the national bestseller Innumeracy, a delightful exploration and explanation of mathematical concepts from algebra to zero in easily accessible alphabetical entries. "Paulos . . . does for mathematics what The Joy of Sex did for the boudoir. . . ."--Washington Post Book World. First time in paperback.
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Predictocracy

Market Mechanisms for Public and Private Decision Making

Author: Michael Abramowicz

Publisher: Yale University Press

ISBN: 9780300144956

Category: BUSINESS & ECONOMICS

Page: 365

View: 8525

Predicting the future is serious business for virtually all public and private institutions, for they must often make important decisions based upon such predictions. This text explores how institutions might improve their predictions and arrive at better decisions by means of prediction markets.
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Every Patient Tells a Story

Medical Mysteries and the Art of Diagnosis

Author: Lisa Sanders

Publisher: Harmony

ISBN: 0767922476

Category: Medical

Page: 276

View: 7986

A Yale School of Medicine physician, columnist for "Diagnosis," and technical advisor for the television show House shares the experiences of doctors facing complex medical mysteries in order to illustrate the art and science of diagnosis. Reprint. A New York Times extended-list bestseller.
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Making Strategy Work

Leading Effective Execution and Change

Author: Lawrence G. Hrebiniak

Publisher: Pearson Education

ISBN: 0133092577

Category: Business & Economics

Page: 496

View: 389

Without effective execution, no business strategy can succeed. This second edition delivers a powerful framework every leader can use to overcome the obstacles to successfully deploying business strategy. In this book, leading consultant and Wharton professor Lawrence Hrebiniak offers a comprehensive, disciplined process model for making strategy work in the real world. Drawing on his unsurpassed experience, Hrebiniak shows why execution is even more important than many senior executives realize, and sheds powerful new light on why businesses fail to deliver on even their most promising strategies. He offers a systematic roadmap for execution that encompasses every key success factor: organizational structure, coordination, information sharing, incentives, controls, change management, culture, and the role of power and influence in your business. With three new chapters, expanded coverage, and new examples, the Second Edition of this highly successful book is the definitive guide for turning strategy into action.
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Lifecycle Investing

A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio (Large Print 16pt)

Author: Ian Ayres,Barry Nalebuff

Publisher: ReadHowYouWant.com

ISBN: 1458758427

Category:

Page: 356

View: 3744

Diversification provides a well-known way of getting something close to a free lunch: by spreading money across different kinds of investments, investors can earn the same return with lower risk (or a much higher return for the same amount of risk). This strategy, introduced nearly fifty years ago, led to such strategies as index funds. What if we were all missing out on another free lunch that's right under our noses? In Lifecycle Investing, Barry Nalebuff and Ian Ayres - two of the most innovative thinkers in business, law, and economics - have developed tools that will allow nearly any investor to diversify their portfolios over time. By using leveraging when young - a controversial idea that sparked hate mail when the authors first floated it in the pages of Forbes - investors of all stripes, from those just starting to plan to those getting ready to retire, can substantially reduce overall risk while improving their returns. In Lifecycle Investing, readers will learn.
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Naked Statistics: Stripping the Dread from the Data

Author: Charles Wheelan

Publisher: W. W. Norton & Company

ISBN: 0393089827

Category: Mathematics

Page: 302

View: 9476

“Brilliant, funny . . . the best math teacher you never had.”—San Francisco Chronicle Once considered tedious, the field of statistics is rapidly evolving into a discipline Hal Varian, chief economist at Google, has actually called “sexy.” From batting averages and political polls to game shows and medical research, the real-world application of statistics continues to grow by leaps and bounds. How can we catch schools that cheat on standardized tests? How does Netflix know which movies you’ll like? What is causing the rising incidence of autism? As best-selling author Charles Wheelan shows us in Naked Statistics, the right data and a few well-chosen statistical tools can help us answer these questions and more. For those who slept through Stats 101, this book is a lifesaver. Wheelan strips away the arcane and technical details and focuses on the underlying intuition that drives statistical analysis. He clarifies key concepts such as inference, correlation, and regression analysis, reveals how biased or careless parties can manipulate or misrepresent data, and shows us how brilliant and creative researchers are exploiting the valuable data from natural experiments to tackle thorny questions. And in Wheelan’s trademark style, there’s not a dull page in sight. You’ll encounter clever Schlitz Beer marketers leveraging basic probability, an International Sausage Festival illuminating the tenets of the central limit theorem, and a head-scratching choice from the famous game show Let’s Make a Deal—and you’ll come away with insights each time. With the wit, accessibility, and sheer fun that turned Naked Economics into a bestseller, Wheelan defies the odds yet again by bringing another essential, formerly unglamorous discipline to life.
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Infinite Reality

Avatars, Eternal Life, New Worlds, and the Dawn of the Virtual Revolution

Author: Jim Blascovich,Jeremy Bailenson

Publisher: Harper Collins

ISBN: 006204169X

Category: Science

Page: 320

View: 4560

“Enough with speculation about our digital future. Infinite Reality is the straight dope on what is and isn’t happening to us right now, from two of the only scientists working on the boundaries between real life and its virtual extensions.” —Douglas Rushkoff, author of Program or Be Programmed How achievable are the virtual experiences seen in The Matrix, Tron, and James Cameron’s Avatar? Do our brains know where “reality” ends and “virtual” begins? In Infinite Reality, Jim Blascovich and Jeremy Bailenson, two pioneering experts in the field of virtual reality, reveal how the human brain behaves in virtual environments and examine where radical new developments in digital technology will lead us in five, fifty, and five hundred years.
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Think Like A Freak

Author: Steven D. Levitt,Stephen J. Dubner

Publisher: Harper Collins

ISBN: 1443416533

Category: Business & Economics

Page: 304

View: 6113

Steven Levitt and Stephen Dubner single-handedly showed the world that applying counter-intuitive approaches to everyday problems can bear surprising results. Think Like a Freak will take readers further inside this special thought process, revealing a new way of approaching the decisions we make, the plans we create and the morals we choose. It answers the question on the lips of everyone who’s read the previous books: How can I apply these ideas to my life? How do I make smarter, harder and better decisions? How can I truly think like a freak? With short, highly entertaining insights running the gamut from “The Upside of Quitting” to “How to Succeed with No Talent,” Think Like a Freak is poised to radically alter the way we think about all aspects of life on this planet.
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Competing on Analytics

The New Science of Winning

Author: Thomas H. Davenport,Jeanne G. Harris

Publisher: Harvard Business Press

ISBN: 1422156303

Category: Business & Economics

Page: 218

View: 7573

You have more information at hand about your business environment than ever before. But are you using it to “out-think” your rivals? If not, you may be missing out on a potent competitive tool. In Competing on Analytics: The New Science of Winning, Thomas H. Davenport and Jeanne G. Harris argue that the frontier for using data to make decisions has shifted dramatically. Certain high-performing enterprises are now building their competitive strategies around data-driven insights that in turn generate impressive business results. Their secret weapon? Analytics: sophisticated quantitative and statistical analysis and predictive modeling. Exemplars of analytics are using new tools to identify their most profitable customers and offer them the right price, to accelerate product innovation, to optimize supply chains, and to identify the true drivers of financial performance. A wealth of examples—from organizations as diverse as Amazon, Barclay’s, Capital One, Harrah’s, Procter & Gamble, Wachovia, and the Boston Red Sox—illuminate how to leverage the power of analytics.
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Organizational Ethics

A Practical Approach

Author: Craig E. Johnson

Publisher: SAGE Publications

ISBN: 1483390438

Category: Business & Economics

Page: 544

View: 5180

We are constantly faced with ethical decisions, no matter what organizations we join. The ethical choices we make determine the health of our businesses, schools, government agencies, religious congregations, charities, and other institutions. Our ethical decisions also determine our career success or failure. Bestselling author, Craig E. Johnson, shows how we can develop our ethical competence, just as we develop our abilities to manage or oversee operations. Every chapter of Organizational Ethics: A Practical Approach, Third Edition provides readers with opportunities to apply ethical principles and practices in a variety of settings through self-reflection, analyses, projects, and discussion. Written in a reader-friendly style, each part of the book is layered around organizational behavior. The parts introduce moral theories used in ethical problem-solving; examines individual motivations; looks at the ethical dilemmas of groups, teams, and leaders as well as offers strategies for creating ethical cultures and promoting social responsibility. This book shows how readers can develop their ethical expertise and provides opportunities to practice problem-solving to defend their decisions.
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Power Up Your Mind

Learn Faster, Work Smarter

Author: Bill Lucas

Publisher: Hachette UK

ISBN: 1857884965

Category: Self-Help

Page: 276

View: 482

Shows how everyone has the capacity to succeed and how most use only a small portion of their talents.
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