Faculty Directors

Description

Modern businesses, from banks and online retailers to social media platforms and search engines, are amassing a wealth of consumer data that is unprecedented in terms of both size and level of detail. Commonly referred to as “big data,” this newfound and rapidly growing wealth of information is dramatically changing markets. However, the fact that so much data is collected and privately-owned raises important new questions about the use of such data by businesses and government, its potential benefits and costs, and the role for regulations regarding its use.

This initiative explores the ability of big data to improve business decision-making, from pricing and market design to supply and demand forecasting. Equally important, the Big Data Initiative supports rigorous, cutting-edge research to answer a wide range of fundamental policy and regulatory questions to help inform this rapidly evolving field.

Associated Scholars

Associated Working Papers

BFI Working Paper Jan 15, 2019

Inference under Covariate-Adaptive Randomization with Multiple Treatments

Federico A. Bugni, Ivan A. Canay, Azeem Shaikh
BFI Working Paper Jan 2, 2019

Nonparametric Inference on State Dependence in Unemployment

Alexander Torgovitsky
BFI Working Paper Aug 7, 2018

The Econometrics of Shape Restrictions

Denis Chetverikov, Andres Santos, Azeem Shaikh

Associated News

BFI News Feb 20, 2018

Spotlight on BFI’s New Research Initiative to Study Big Data

The Becker Friedman Institute (BFI) launched four new research initiatives earlier this year to support collaborative research and learning around several key issues, including: the study of Big Data;...