Advertisement

Description

  • Darren Grant
Chapter
Part of the Springer Texts in Business and Economics book series (STBE)

Abstract

This chapter portrays data description as an integral prelude to economic modeling, a key aspect of shaping a model. It lays out three principles that exemplify effective description and presents three techniques for creating graphs and tables that adhere to these principles. These ideas come to life in applications to ultramarathoning, beer prices, and the incentive effects of letter grades.

References

  1. Empen J, Hamilton SF (2015) How do retailers price beer during periods of peak demand? Evidence from game weeks of the German Bundesliga. South Econ J 81(3):679–696CrossRefGoogle Scholar
  2. Grant D (2016) The essential economics of threshold-based incentives: theory, estimation, and evidence from the Western States 100. J Econ Behav Organ 130:180–197CrossRefGoogle Scholar
  3. Grant D, Green WB (2013) Grades as incentives. Empir Econ 44(3):1563–1592CrossRefGoogle Scholar
  4. Hansen B (2015) Punishment and deterrence: evidence from drunk driving. Am Econ Rev 105(4):1581–1617CrossRefGoogle Scholar
  5. Quan TW (2015) Demand heterogeneity: implications for welfare estimates and policy. Doctoral dissertation. University of Minnesota, Minneapolis, MNGoogle Scholar
  6. Rudder C (2014) Dataclysm: who we are (when we think no one’s looking). Random House Canada, TorontoGoogle Scholar

Copyright information

© Springer Nature Switzerland AG 2018

Authors and Affiliations

  • Darren Grant
    • 1
  1. 1.Sam Houston State UniversityHuntsvilleUSA

Personalised recommendations