green econometrics

Information and analysis on the economics of solar and alternative energies

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Entries from August 2014

How Analytics can Improve Productivity

August 2nd, 2014 · Comments Off on How Analytics can Improve Productivity

Technology and innovation drive productivity, but transaction costs arising from technology implementation limit gains. Analytics and decision science could provide the means to tame transaction costs and improve productivity. Transaction costs were defined by Ronald Coase in β€œThe Nature of the Firm,” published in 1937 and who earned a Nobel Memorial Prize in Economics in […]

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Tags: Analytics