Saturday, June 23, 2012

Great post by Kaiser Fung

Okay, sometimes you miss a great article and feel really stupid when you do find it.  In this case the author is Kaiser Fung and he provides a fantastic example of how modeling decisions can completely undermine a research article's conclusions.  In this case the authors manage to completely reverse conventional wisdom with their analysis.

The only thing I disagreed with Kaiser on was using income as a proxy for the value of one additional year of life.  I worry that could end up in bad places if we were not careful.

Definitely worth a complete read.

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