The development in information science has enabled an explosive growth of data, which attracts more and more researchers to engage in the field of big data analytics. Noticeably, in many real-world applications, large amounts of data are imbalanced data since the events of interests occur infrequently. Classification of imbalanced data is an…

Individuals can partly recreate the "wisdom of crowds" within their own minds by combining nonredundant estimates they themselves have generated. Herzog and Hertwig (2009) showed that this accuracy gain could be boosted by urging people to actively think differently when generating a 2nd estimate ("dialectical bootstrapping").…

In this study we test the performance of some nonexperimental estimators of impacts applied to an educational intervention--reduction in class size--where achievement test scores were the outcome. We compare the nonexperimental estimates of the impacts to "true impact" estimates provided by a random-assignment design used to assess the…

In this article, the author discusses the use in policy analysis of models that incorporate uncertainty. He believes that all models should consider incorporating uncertainty, but that at the same time it is important to understand that sampling variability is not usually the dominant driver of uncertainty in policy analyses. He also argues that…