How Big Data is Changing Economies

April 10, 2015

3:30pm 6:00pm

Saieh Hall for Economics, Room 021
Justin Manley, The College, University of Chicago
Kayla Reinherz, The College, University of Chicago
Allan Zhang, The College, University of Chicago
Cameron Taylor, The College, University of Chicago
Alex Foster, The College, University of Chicago

“Big data” has quickly become a buzzword, but it encapsulates the dramatic rise of statistical and computational technology that allows for collection and analysis of data on everything from industrial systems to our online interactions. Big data is transforming how policymakers and business leaders make decisions. Vast stores of data also open new avenues to researchers seeking to confront and understand the economic and statistical challenges of our time.

This panel brought together experts in information architecture, statistical methodology, and the economics of the internet in order to consider how "big data" is shaping the 21st century economy. Panelists Susan Athey, Hal Varian, and Larry Wasserman discussed the challenges that large data sets present, the questions such data might help us answer, and what that means for all of us in the years ahead.

This event was co-organized by University of Chicago undergraduates and the Becker Friedman Institute, for the benefit of the undergraduate community. Justin Manley, a fourth-year math and computer science student, and Kayla Reinherz, a fourth-year economics student, moderated the panel, asking questions collected via the registration form for the event, as well as on Twitter in the days beforehand.

This event was supported in part with a generous grant from the CME Group Foundation.

Event Details

Reception: 3:30 - 4 p.m.
Program: 4 - 6 p.m.

Recommended Reading

Our event organizers have provided the following list of resources to help familiarize you with the content being covered at the event.

April 10, 2015 - 3:30pm 6:00pm