Browsed by
Tag: microeconomics

Why We Need to Think Small About Big Data

Why We Need to Think Small About Big Data

Big Data is huge (literally and in terms of its popularity) but to really see its value, we need to think about it at the micro level. In January, two Princeton University students decided to apply virus propagation modelling to Facebook’s growth to project its future. Based on their results – and the research methods that relied on big amounts of historical data related to the rates of growth and decline of disease spreading within society – they were able…

Read More Read More