KMS
@StrategyisLove
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I've said it before and I'll say it again: Poisson regression is to nonnegative outcomes with an exponential E(Y|X) as OLS is to linear models: neither requires any additional assumptions. Just as OLS doesn't require normality, Poisson reg doesn't require a Poisson dist.
Great point on the diff in diff in the tweet above but this is abhorrent, disgusting, should be illegal (OLS all day baby, get that E[Y|X])
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Agree with everything that Brian suggests. The most important one is dropping that oversized ego. It does not help at all and blindsides you further. Second, falling in love with one's work is expected, but does not help. Peer review system, despite its flaws, definitely helps.
I often work with young researchers who don't convert R&Rs to publications. I definitely don’t do everything well! But I put a lot of effort into this and have a 24/24 conversion rate. So I am passing along six tips based upon my experience as an author and editor. #Econtwitter
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The Indian paints industry, as it stands today, is a textbook Bresnahan case post-entry of Birla & JSW: If λ =market power, the industry is moving towards a lower λ (higher competition, low coordination, price war) from a stable λ (moderate market power, disciplined competition)
Thinking about possible Nobel winners last week reminded me of one of my favorite empirical IO papers ever. Oligopoly is more complicated than perfect competition. Different models reflect different solution concepts. Bresnahan showed that you can identify the solution concept
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What it's all about. 💜🥹 Prof. Joel Mokyr, winner of the @NobelPrize in Economic Sciences, shares a lovely message from a former student.
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Hal Varian's retirement from Google is a major event. He was the architect of many aspects of Google's modern business operations and was copied by others I highly recommend this @WIRED article from 2009, which called him the "high priest of Googlenomics" https://t.co/7zg0yPTQvP
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Absolutely love my pakhala bhaat 🥰 on a Sunday- this Oriya specialty is not only tasty and gut‑friendly, it’s like a natural probiotic and a summer fridge for the stomach! Perfect for hot days and happy tummies. Recipe: Cook rice → cool → soak overnight in water (or
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The beauty of boring! What a wonderful letter by Neville Noronha in DMart’s annual letter. Having had the pleasure of knowing him, I can vouch for everything he’s written and stands for. Among of the rarest of all business leaders we have :) Must read :)
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An economist in Sweden just got a hold of the data from a quarter of a billion online chess games held on @chesscom to test a classic question: Does winning one game make you more likely to win the next? In other words: do “hot hands” or “psychological momentum” exist in
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In India, government jobs pay far more than equivalent jobs in the private sector–so much so that the entire labor market and educational system have become grossly distorted by rent seeking to obtain these jobs.
marginalrevolution.com
In India, government jobs pay far more than equivalent jobs in the private sector–so much so that the entire labor market and educational system have become grossly distorted by rent seeking to...
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In the @FT today, I argue that if AI is just another productivity tool, the productivity gains will be limited. For lasting economic expansion, AI must catalyze new industries and initiatives. "Had the 19th century focused solely on better looms and ploughs, we would enjoy
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His name means ‘hope’ and that’s exactly what he gave this team 🇿🇦 #TembaBavuma and his team didn’t just lift the WTC trophy. 🏆 They lifted the weight of 27 years. They lifted a nation. 🇿🇦 #WTCFinal #SAvAUS #TembaBavuma
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ChatGPT has this annoying habit of explaining back to you when you point out that it's wrong. This morning, ChatGPT had to be taught the difference between a generalized error (depends on population parameters) and the generalized residual.
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Greater Chennai Corporation's lounges for gig workers to be launched on June 11. Will come up at KK Nagar & Anna Nagar initially and will have toilets, charger points and CCTVs.. #Chennai #GCC 📸 : @THChennai
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World Chess Champion @DGukesh takes down Magnus Carlsen for the first time in his chess career at Round 6 of @NorwayChess 2025! What a crazy game. Gukesh was completely lost, kept trying to defend, and managed to create a winning opportunity in time trouble! Photo: Norway
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10 years of Premam. Govind Vasantha can let you feel pain through music in a way very few could. Nivin embodied George so beautifully. And Alphonse Puthren used all his mastery in editing to weave 80 seconds of this magic that Cinema can be
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Stata users will get a kick out of this: @Stata v1.0 (released January 1985) only had these 44 commands.
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A historic moment in Indian Chess. Arjun Erigaisi is the 2nd player in India and the 16th player in the World to cross 2800 in live ratings! Arjun has a live rating of 2802.1 now. Arjun defeated Dmitry Andreikin (2729) with the White pieces in the 5th round of the European Chess
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A very impressive double gold achievement by India. "Vishy's children" are all grown up and chess is coming home! Two American flags on the podiums as well, worthy of note. Add Uzbekistan and Kazakhstan, with no European flags.
Congratulations to the winners and medalists of the 45th FIDE Chess Olympiad! We are thrilled to see so many Grand Chess Tour participants among them!😉 #chessolympiad Photos by Maria Emelianova, @FIDE_chess
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22nd September, 2024 is a red letter day for Indian Chess - this is one of the biggest moments in Indian Chess History. Team India wins Double Gold medals in the Chess Olympiad 2024! The Indian Open and Women's Team both secured Team Gold medals, with many more Individual Board
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