Statistics
The Illusion That Comes After Choosing: Berkson's Paradox
Berkson's Paradox is the phenomenon in which a false inverse relationship appears between two unrelated traits when you look only at a group filtered by some criterion. This piece
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Statistics
Berkson's Paradox is the phenomenon in which a false inverse relationship appears between two unrelated traits when you look only at a group filtered by some criterion. This piece
Social welfare
Two people with the same income can lead very different lives. This article explains the capability approach of Amartya Sen and Martha Nussbaum, from functionings and capabilities
Logistics
First In, First Out (FIFO) is the inventory practice of shipping out goods in the order they arrived. We look at what FIFO means and why it matters, the related methods of First Ex
Library & information science
A “Sleeping Beauty in Science” is a paper that goes almost uncited for years after publication and then suddenly draws a surge of citations. This article covers what the term means
Information technology
A Heisenbug is a software bug that disappears or changes its behavior when you try to investigate it. This article covers where the name came from, why such bugs hide, related bug
Economics
Monetary policy is one of the key tools central banks use to promote economic stability and growth. This material examines in depth the basic concepts and historical background of