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From | Yuval Arbel <yuval.arbel@gmail.com> |
To | statalist <statalist@hsphsun2.harvard.edu> |
Subject | Re: st: about residuals and coefficients |
Date | Thu, 5 Sep 2013 03:41:51 -0700 |
P.S. I looked at the following link regarding Albert Einstein's famous formula E=Mc^2 According to their version - it was discovered more or less simultaneously by three researchers, but only Einstein provided a plausible explanation Einstein was haunted since childhood with the thought: "what would have happened if I chase after a beam of light?" http://en.wikipedia.org/wiki/List_of_multiple_discoveries On Thu, Sep 5, 2013 at 3:24 AM, Nick Cox <njcoxstata@gmail.com> wrote: > Cobb-Douglas [sic]: That's not a demonstration; it's a hypothesis! > > I once tried to work out some history for power (allometric, scaling) > laws or functions. Particular fractional powers such as square root or > cube root are ancient. The idea that a power can be any fraction > (loosely) seems to have emerged in the 16th century, alongside > logarithms. You would have to mention Galileo's work here too. So > Euler brings up the rear and doesn't even get a bronze medal, although > no doubt whatever he did was done more rigorously than before. But > these ideas often emerge slowly: it is not as if someone said "Here is > a new general idea, which we should call a power law." > Nick > njcoxstata@gmail.com > > > On 5 September 2013 11:05, Yuval Arbel <yuval.arbel@gmail.com> wrote: >> Here is a list of examples of Stigler's law: >> >> Interesting to know that even the Gauss elimination was named after >> the wrong person >> >> One remark regarding the Cobb-Douglass function (that appears in the >> list): I believe the original developer of the function was Leonard >> Euler. However Cobb and Douglass (in their 1927 AER paper) were the >> first to use it to demonstrate that GDP=LABOR^alphaxCAPITAL^(1-alpha) >> >> >> http://en.wikipedia.org/wiki/List_of_examples_of_Stigler%27s_law >> >> On Thu, Sep 5, 2013 at 2:54 AM, Maarten Buis <maartenlbuis@gmail.com> wrote: >>> On Thu, Sep 5, 2013 at 11:42 AM, Yuval Arbel wrote: >>>> Nick, that's very interesting. Are we talking about Stigler the econ. >>>> noble prize winner? >>> >>> No, the nobel price winner was George Stigler, while Nick refered to >>> Stephen Stigler. They are related though: George is the father of >>> Stephen. >>> >>> -- Maarten >>> >>> --------------------------------- >>> Maarten L. Buis >>> WZB >>> Reichpietschufer 50 >>> 10785 Berlin >>> Germany >>> >>> http://www.maartenbuis.nl >>> --------------------------------- >>> * >>> * For searches and help try: >>> * http://www.stata.com/help.cgi?search >>> * http://www.stata.com/support/faqs/resources/statalist-faq/ >>> * http://www.ats.ucla.edu/stat/stata/ >> >> >> >> -- >> Dr. Yuval Arbel >> School of Business >> Carmel Academic Center >> 4 Shaar Palmer Street, >> Haifa 33031, Israel >> e-mail1: yuval.arbel@carmel.ac.il >> e-mail2: yuval.arbel@gmail.com >> You can access my latest paper on SSRN at: http://ssrn.com/abstract=2263398 >> You can access previous papers on SSRN at: http://ssrn.com/author=1313670 >> * >> * For searches and help try: >> * http://www.stata.com/help.cgi?search >> * http://www.stata.com/support/faqs/resources/statalist-faq/ >> * http://www.ats.ucla.edu/stat/stata/ > * > * For searches and help try: > * http://www.stata.com/help.cgi?search > * http://www.stata.com/support/faqs/resources/statalist-faq/ > * http://www.ats.ucla.edu/stat/stata/ -- Dr. Yuval Arbel School of Business Carmel Academic Center 4 Shaar Palmer Street, Haifa 33031, Israel e-mail1: yuval.arbel@carmel.ac.il e-mail2: yuval.arbel@gmail.com You can access my latest paper on SSRN at: http://ssrn.com/abstract=2263398 You can access previous papers on SSRN at: http://ssrn.com/author=1313670 * * For searches and help try: * http://www.stata.com/help.cgi?search * http://www.stata.com/support/faqs/resources/statalist-faq/ * http://www.ats.ucla.edu/stat/stata/