Big Data in Economics
نویسندگان
چکیده
The success of modern economics results to a large extent from the availability of data sources which allowed us to quantify human behavior, from individual purchases in supermarkets to the degree of interconnectedness between global financial markets. As such many economists are already comfortable working with large datasets, from financial transactions to census datasets. Without new analytic methods Big Data fails to achieve its potential. We encourage economists to pay close attention to recent developments in machine learning techniques.
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