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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24855 |
来源ID | Working Paper 24855 |
Emptying the Tank: Getting the most out of Limited Data | |
M. Scott Taylor | |
发表日期 | 2018-07-23 |
出版年 | 2018 |
语种 | 英语 |
摘要 | All empirical researchers know that having more sources of variation in a dataset is valuable. What is not known is how valuable, and if the marginal value of adding another source of variation diminishes or increases. This note provides explicit answers to these questions. It defines "valuable" as the number of independent questions the data can potentially answer, and provides a surprisingly simple and useful rule that tells the researcher not only when they have "emptied the tank" of their data's valuable implications, but also the marginal value of further data collection. An illustration using home heating costs is provided. |
主题 | Other ; General, Teaching ; Environmental and Resource Economics ; Energy |
URL | https://www.nber.org/papers/w24855 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582529 |
推荐引用方式 GB/T 7714 | M. Scott Taylor. Emptying the Tank: Getting the most out of Limited Data. 2018. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24855.pdf(184KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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