There are two types of bespoke data collection that GMT+ offers: experiments and surveys. Both of these broad methodologies have venerable histories in the social sciences. Experiments are designed to test possible actions. Well-designed experiments will laser in on the answer to questions that usually start “what would happen if…”. […]
Administrative Data Analysis refers to data that is generated by systems which companies use to administer their day-to-day business, hence the name. Typical examples of administrative data include sales data, inventories, web-traffic monitoring and human resource management. Administrative data analysis has considerable value as a resource for companies wishing to […]
On a cold, winters day at the Waterfront you can buy a flat white and sip away at its frothy goodness as you gaze up at the slopes, peaks and wispy trimmings of Table Mountain. Everywhere you look you will see the principles of Microeconomics at work: merchants in possession of scarce […]
Behavioural Economics is a field that has grown explosively over the past 40 years. In simplicity, it seeks to expand the classical economic model of a human as entirely rational to take account of the fact that humans are frequently and meaningfully irrational too. Drawing from fields such as psychology, anthropology, neuroscience as […]
It’s the first of January and we’re looking forward to an incredible year ahead at GMT+. We’ll keep you all updated with our economic forecasts, trends, predictions, and more. But mostly: have a wonderful 2016, and may the Proteas win at Newlands!