The Power of Experiments: Decision Making in a Data-Driven World (The MIT Press)

Luca, Michael, Bazerman, Max H.

ISBN 10: 0262043874 / ISBN 13: 9780262043878

Edité par The MIT Press, 2020

A propos de cet article

Very Good Condition - May show some limited signs of wear and may have a remainder mark. Pages and dust cover are intact and not marred by notes or highlighting.

N° de réf. du vendeur MIT-HC-VG-0262043874

Détails bibliographiques

• Titre: The Power of Experiments: Decision Making in a Data-Driven World (The MIT Press)
• Éditeur: The MIT Press
• Date de parution: 2020
• Langue: anglais
• ISBN à 10 chiffres: 0262043874
• ISBN à 13 chiffres: 9780262043878
• Reliure: hardcover
• Édition: Illustrated.
• État de l'article: Very Good
• Catalogues du vendeur:
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A propos de ce titre

Synopsis

How tech companies like Google, Airbnb, StubHub, and Facebook learn from experiments in our data-driven world—an excellent primer on experimental and behavioral economics

Have you logged into Facebook recently? Searched for something on Google? Chosen a movie on Netflix? If so, you've probably been an unwitting participant in a variety of experiments—also known as randomized controlled trials—designed to test the impact of different online experiences. Once an esoteric tool for academic research, the randomized controlled trial has gone mainstream. No tech company worth its salt (or its share price) would dare make major changes to its platform without first running experiments to understand how they would influence user behavior. In this book, Michael Luca and Max Bazerman explain the importance of experiments for decision making in a data-driven world.

Luca and Bazerman describe the central role experiments play in the tech sector, drawing lessons and best practices from the experiences of such companies as StubHub, Alibaba, and Uber. Successful experiments can save companies money—eBay, for example, discovered how to cut $50 million from its yearly advertising budget—or bring to light something previously ignored, as when Airbnb was forced to confront rampant discrimination by its hosts. Moving beyond tech, Luca and Bazerman consider experimenting for the social good—different ways that governments are using experiments to influence or “nudge” behavior ranging from voter apathy to school absenteeism. Experiments, they argue, are part of any leader's toolkit. With this book, readers can become part of “the experimental revolution.”

À propos de l?auteur

Michael Luca is Lee J. Styslinger III Associate Professor of Business Administration at Harvard Business School. His writing has appeared in publications including the Atlantic, Wall Street Journal, Harvard Business Review, and Slate.

Max H. Bazerman is Jesse Isidor Straus Professor of Business Administration at Harvard Business School. He is the author of The Power of Noticing and the coauthor of Blind Spots, Negotiation Genius, and other books.