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The Power of Experiments

The Power of Experiments

Decision Making in a Data-Driven World

by Michael Luca and Max H. Bazerman
Paperback
Publication Date: 02/03/2021

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How organizations--including Google, StubHub, Airbnb, and Facebook--learn from experiments in a data-driven world.

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.

ISBN:
9780262542272
9780262542272
Category:
Media studies
Format:
Paperback
Publication Date:
02-03-2021
Language:
English
Publisher:
MIT Press
Country of origin:
United States
Pages:
232
Dimensions (mm):
226x153x12mm
Weight:
0.32kg

“Driven by experimentation, a further transformation is in the air.”
— the New Yorker

“Luca and Bazerman balance their passion for experiments with a recognition of its limits.”
—Wall Street Journal

Max H. Bazerman

Max H. Bazerman is a bestselling author and the Jesse Isidor Straus Professor of Business Administration at Harvard Business School.

His many books include Negotiation Genius (with Deepak Malhotra), Negotiating Rationally (with Margaret A. Neale), Complicit: How We Enable the Unethical and How to Stop (Princeton), and Blind Spots: Why We Fail to Do What’s Right and What to Do about It (with Ann E. Tenbrunsel) (Princeton).

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