econometrics

Recovering from false news

July 17, 2009

Via Alea, a very interesting econometric study on the impact of false news on stock prices. In September 2008, an article on United Airlines' 2002 bankruptcy resurfaced and was distributed as if it were new information. The company's stock plummeted immediately, but bounced back and by the end of the day was off only 11% [...]

0 comments Read the whole post →

How did I miss this?

July 1, 2009

In a post called "So Long and Thanks for All the F-Tests", Freakonomics writes about a new book called Mostly Harmless Econometrics: An Empiricist’s Companion, which they describe as: ...the rare book that captures the feeling of how to go about trying to attack an empirical question; and it does this by working through two [...]

1 comment Read the whole post →

Dynamically priced baseball tickets

May 18, 2009

Seven years ago, the Mets were among the first teams in MLB to adopt a tiered pricing system in which it costs more to see a game against a good opponent than a bad one. At the time, it was the most sophisticated such plan in baseball. Others included simple methods like charging more for [...]