Some specific research news (note: this news is not new) about specifications: “Specification Seeking: How Product Specifications Influence Consumer Preference,” Christopher K. Hsee, Yang Yang, Yangjie Gu, and Jie Chen, Journal of Consumer Research:, vol. 35, April 2009, pp. 952-956. (Thanks to Charles Bergquist for bringing this to our attention). The authors, at the University […]
Tyler Vigen’s “Spurious Correlations” web site presents many spurious correlations. Correlation does not imply causation, or so they say. What causes people to say that? You might ask that question of Tyler Vigen (pictured here), who is a student at Harvard Law School and a former store detective (at Macy’s) and also formerly a military […]
The Spurious Regression Problem was first described in a 1974 paper by C. W. J. Granger, and P. Newbold, in the Journal of Econometrics 2, 1974, pp. 111-120. ‘Spurious Regressions in Econometrics’ Some econometric theorists suggest, however, that the spurious regression problem is itself spurious. Take for example professor Bennett T. McCallum (pictured) of the […]