Economists Do It With Models

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Entries Tagged as 'Graphic Content'

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Graphic Content: Correlation Or Coincidence?

December 17th, 2011 · 3 Comments
Fun With Data · Graphic Content

A number of people have sent me this, so in case you haven’t seen the latest in the treasure trove of funny correlation does not imply causation graphs, here it is. From Businessweek:

(Click to see the full-size graphic on the original site, of course.) Most of these examples are absurd enough that people [...]

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Graphic Content: When Bad Charts Happen To Good People, Amazon Edition…

March 31st, 2011 · 7 Comments
Fun With Data · Graphic Content

A friend of mine sent me the following chart with a request for explanation:

Note to chart makers: if your charts require explanation, you’re doing it wrong.

In case you’re curious, the problem here is generally one of consistency. First, the bars themselves aren’t even all representing comparable entities- the last bar is presumably a “total” [...]

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A Helpful Hint On The Finer Points Of Graphing…

December 14th, 2010 · 6 Comments
Fun With Data · Graphic Content · Just For Fun

Maybe I’m outside the norm a bit here, but this made me laugh so hard:

Seriously, never underestimate the importance of labeling your axes. In fact, this is one of the items that we focused on a lot in the training for new teaching fellows, since it’s really really confusing to look at a graph [...]

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Tags: Fun With Data · Graphic Content · Just For Fun

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Graphic Content Done Right, Global Health Edition…

December 5th, 2010 · 2 Comments
Fun With Data · Graphic Content

I think that a number of textbooks could stand to learn from this:

“I know that having the data is not enough…I have to show it ways people both enjoy and understand.” Hear hear. The technology here is cool as well, but I actually don’t think that it’s crucial to understanding and enjoying the [...]

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Graphic Content: Hey Brett Favre, There’s An App For That…

August 6th, 2010 · 2 Comments
Behavioral Econ · Decision Making · Graphic Content · Sports

From Dan Ariely, author of Predictably Irrational:
You might remember reading in Predictably Irrational that it turns out that when we are choosing between two or more very similar options, we tend NOT to take into account the consequences of not deciding. For example, in the parable of the donkey, the unfortunate creature is placed in [...]

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Tags: Behavioral Econ · Decision Making · Graphic Content · Sports