Do Amazon book ranks tell us anything? Sure, they convey something about the popularity of a given book, but looking a the current rank of a book on Amazon is just a snapshot of a fairly volatile number. It would be much more useful if we could see how the ranks of books have changed [...]
Entries Tagged as 'General Topics'
Metric Junkie: A Useful Insight
August 3rd, 2010 · No Comments
Tags: General Topics
Second Edition HTMA #1 in Statistics
May 2nd, 2010 · No Comments
Who really knows what drives Amazon’s decisions about how books should be categorized? Not me. The first edition of How to Measure Anything was categorized on Amazon as “math for business” and it was virtually always able to hold the #1 rank in that category for the three years since its publication.
Now the second edition [...]
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Tags: General Topics
Buzz on the 2nd Edition of HTMA causes Wiley to accelerate release
March 10th, 2010 · 10 Comments
Wiley has decided to accelerate the release of the second edition of How to Measure Anything. Instead of being released in May, it will be shipped to warehouses this month and ready for sale in early April. Apparently, the book is a source of a lot of positive buzz in the publisher’s offices and they [...]
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Tags: General Topics
The Measurement Challenge
March 7th, 2010 · 30 Comments
I’m reintroducing the Measurement Challenge for the blog. I ran it for a couple of years on the old site and had some very interesting posts.
Use this thread to post comments about the most difficult – or even apparently “impossible” – measurements you can imagine. I am looking for truly difficult problems that might take more than [...]
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Tags: General Topics · How To Measure Anything Blogs
Can “expert” training increase confidence while making judgments worse?
February 24th, 2010 · 7 Comments
I came across more interesting research about possible “placebo effects” in decision making. According to the two studies cited below, receiving formal training in lie detection (e.g. so that law enforcement officers are more likely to detect a untruthful statement by a suspect) has a curious effect. The training greatly increases confidence of the experts in [...]
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Tags: General Topics · How To Measure Anything Blogs · The Failure of Risk Management Blog
2010 Spring Webinars are Available
February 8th, 2010 · No Comments
See the webinars page to sign up for intensive training sessions for Applied Information Economics. You can take the popular “Calibration” webinar or even sign up for the full AIE Module I & II training (required for AIE Level I certification). Each webinar is scheduled for multiple dates and times so that you are sure [...]
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Tags: General Topics
You asked for it…the new HTMA Study Guides are out
November 24th, 2009 · 2 Comments
We have a new batch of the 4-page, color, laminated reference cards for How to Measure Anything. Some of the material is actually already updated for the upcoming second edition of the book (spring 2010). See the products page for details.
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Tags: General Topics
Fall 2009 Analytics Article – Analysis Placebos
October 28th, 2009 · No Comments
The article I co-authored with Doug Samuelson in Analytics Magazine just came out with the fall issue. “Analysis Placebos: The Difference Between Percieved and Real Benefits of Risk Analysis and Decision Models.” explains why many popular analysis methods and models may have entirely illusory benefits. See the online version of the article at [...]
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Tags: General Topics
More Webinars for October and November
October 13th, 2009 · No Comments
See the Events page on www.hubbardresearch.com. The webinars in August in September did very well and demand continues to grow. There are several webinars of different lengths, topics and times that are sure to fit your needs.
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Tags: General Topics
OR/MS Today article – The Need for Measurement in Modeling
October 9th, 2009 · No Comments
October 9 article in OR/MS Today by Douglas Hubbard and Douglas Samuelson
“Modeling Without Measurements: How the Decision Analysis Culture’s Lack of Empiricism Reduces Its Effectiveness”
See this article at http://www.lionhrtpub.com/orms/orms-10-09/frrisk.html.
In this article my co-author and I point out a general lack of willingness to measure the actual effectiveness of many quantitative models. Just as doctors are [...]
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Tags: General Topics