Remove Black-Scholes Remove Industry Remove Management Remove Productivity
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Big Data's Human Component

Harvard Business Review

Any fool, or mortgage banker, can use a spreadsheet and calculate a Black-Scholes equation. There are many other risks in failing to think about Big Data as part of a human-driven discovery and management process. Integrate Data Into Products, or Get Left Behind. BIG DATA INSIGHT CENTER. Who's Really Using Big Data.

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What an Economist Brings to a Business Strategy

Harvard Business Review

Firms in these industries and their customers who thereby benefit from lower prices (admittedly through processes they never see) benefit greatly. Only the one I assert in my book Trillion Dollar Economists , that business managers may want to pay a bit more attention to the scribbling of academic economists. Economists and big data.