I am super hyped to finally share the first release of plumber2 with all of you. This has been the center of my attention for a big part of 2025 and I hope you'll find it a worthy update to the venerable plumber package.
#rstats
https://t.co/mGMk2SwuWz
GNRProdEst.jl Update!
Main new feature: Bootstrapped Standard Errors!
I just released the latest update of my @JuliaLanguage implementation of the production function estimation method from @AmitEcon, @snavarrol, Rivers (2020).
Check it out here https://t.co/LkklbZjjVP
One person I feel who is insufficiently appreciated is Hadley Wickham. The results of his work are everywhere, every journal and conference I know. He changed the history of science.
GNR took 12+ years to complete from idea to publication. During that time Stata remained the required language to communicate with the profession. Amazing to see how far the field has come with open source and modern software standards.
Thanks @MTrunschketo - can't wait to use!
Btw, I recently finished my @JuliaLanguage implementation of the @AmitEcon , @snavarrol, Rievers (2020) production function estimation method.
It's a now a registered Julia package!
Go check it out here https://t.co/LkklbZjjVP
Feel free to contribute to dev and improve it.
Couldn't agree more @LeistenEcon :) In all seriousness - zero shares are rampant inside of business environments and the corrections have first order effects on the insights derived. Fine tuning the priors in an Empirical Bayes kind of way sounds fascinating - thx for sharing.
The Gandhi et al. (2023) approach to zero empirical shares is so intuitive & I don't know why it isn't more widely adopted.
Like, of course s_ij = 0 because true choice probs are positive but small and we only observe finite demand draws!
https://t.co/BX3SGxnwHG
"Perfection is impossible.
In the 1,526 singles matches I played in my career, I won almost 80% of those matches.
But what percentage of points did I win?
54%
In other words, even top ranked tennis players win barely more than half the points they play.
When you lose ever second point on average, you learn not to dwell on every shot.
You teach yourself to think:
'Okay, I double faulted...it's only a point.'
'Okay, I came to the net and I got passed again...it's only a point.'
Even a great shot, an overhead backhand smash that ends up on ESPN's top 10 playlist – that too is just a point.
Here's why I'm telling you this.
When you're playing a point, it has to be the most important thing in the world. And it is.
But when it's behind you, it's behind you.
This mindset is crucial – because it frees you to fully commit to the next point with intensity, clarity, and focus."
–@rogerfederer
The world's first 60+ FPS e-ink display by @daylightco on Episode 45 of S³
See how it works, the 6-year development journey, and Daylight's vision for the future of personal computing.
... Francesco Decarolis & @AmitEcon, Pietro Garibaldi & Antonio Spilimbergo, Stefano Corgnati & Marco Ottaviani, Michael Jordan & James Manyika & Michael Spence, David Card & @Danielle__Li & @wellingmax, and many more...
7/
One of my favorite tools for visualization of big data is tippecanoe, which converts millions of spatial features (like building footprints) into scale-sensitive vector tiles
https://t.co/K8bIz6WUmP
You can use tippecanoe in #rstats via its wrapper in the mapboxapi package: https://t.co/TNqFd0uwwF
We're thrilled to welcome @AmitEcon and Cornelia Walther to our team as Visiting Scholars! Their expertise in corporate partnerships and leveraging technology for pro-social change will help take our analytics mission to greater heights.
Learn more here: https://t.co/hVklzz5tZS