The Measurement Revolution

The Measurement Revolution
Author: Greg Gutkowski
Publisher: Createspace Independent Publishing Platform
Total Pages: 192
Release: 2018-08-03
Genre:
ISBN: 9781724820525

The cost of collecting, storing, and analyzing data has decreased about 10,000 times over the last 20 years! In addition, technology experts agree that this trend of lower technology prices will last at least another 20 years. Therefore, we can measure, record, analyze, and communicate at rapidly decreasing costs at a rate never experienced in human history. This leads to the two major benefits: 1. Measuring phenomena that existed before but have never been measured. 2. Measuring more frequently and precisely the manual processes that existed before. Measuring more, faster, and better may yield tremendous business benefits, but only if you know when the cost of measurement is less than the benefit of the measurement. This is, in essence, what this book is all about.

The Institutional Revolution

The Institutional Revolution
Author: Douglas W. Allen
Publisher: University of Chicago Press
Total Pages: 282
Release: 2011-10-25
Genre: History
ISBN: 0226014762

Few events in the history of humanity rival the Industrial Revolution. Following its onset in eighteenth-century Britain, sweeping changes in agriculture, manufacturing, transportation, and technology began to gain unstoppable momentum throughout Europe, North America, and eventually much of the world—with profound effects on socioeconomic and cultural conditions. In The Institutional Revolution, Douglas W. Allen offers a thought-provoking account of another, quieter revolution that took place at the end of the eighteenth century and allowed for the full exploitation of the many new technological innovations. Fundamental to this shift were dramatic changes in institutions, or the rules that govern society, which reflected significant improvements in the ability to measure performance—whether of government officials, laborers, or naval officers—thereby reducing the role of nature and the hazards of variance in daily affairs. Along the way, Allen provides readers with a fascinating explanation of the critical roles played by seemingly bizarre institutions, from dueling to the purchase of one’s rank in the British Army. Engagingly written, The Institutional Revolution traces the dramatic shift from premodern institutions based on patronage, purchase, and personal ties toward modern institutions based on standardization, merit, and wage labor—a shift which was crucial to the explosive economic growth of the Industrial Revolution.

Revolution in Measurement

Revolution in Measurement
Author: Ronald Edward Zupko
Publisher: American Philosophical Society
Total Pages: 578
Release: 1990
Genre: Science
ISBN: 9780871691866

Zupco presents the legacies of the Middle Ages to the pioneering reformers of the Scientific Revolution; the monumental impact of math, physics, chemistry, astronomy, & technology on modern metrology; the creations, struggles, & successes of the Metric System; & the intense battles between metrics & customary metrologies that have waged since the end of the 18th cent. Includes insights into the personalities involved in metrological events: scientists, technologists, bureaucrats, ministers, members of scientific soc., & shows the impact of scientific experimentation & social revolutions. Includes a comprehensive biblio. of European metrology & the sources relevant to the underpinnings for this period in weights & measures history. Illus.

Does Measurement Measure Up?

Does Measurement Measure Up?
Author: John M. Henshaw
Publisher: JHU Press
Total Pages: 245
Release: 2006-05-05
Genre: Mathematics
ISBN: 0801889375

A critical perspective of how measurements have come to affect our lives—from reasonable doubt to No Child Left Behind. There was once a time when we could not measure sound, color, blood pressure, or even time. We now find ourselves in the throes of a measurement revolution, from the laboratory to the sports arena, from the classroom to the courtroom, from a strand of DNA to the far reaches of outer space. Measurement controls our lives at work, at school, at home, and even at play. But does all this measurement really measure up? Here, John Henshaw examines the ways in which measurement makes sense or creates nonsense. Henshaw tells the controversial story of intelligence measurement from Plato to Binet to the early days of the SAT to today's super-quantified world of No Child Left Behind. He clears away the fog on issues of measurement in the environment, such as global warming, hurricanes, and tsunamis, and in the world of computers, from digital photos to MRI to the ballot systems used in Florida during the 2000 presidential election. From cycling and car racing to baseball, tennis, and track-and-field, he chronicles the ever-growing role of measurement in sports, raising important questions about performance and the folly of comparing today's athletes to yesterday's records. We can't quite measure everything, at least not yet. What could be more difficult to quantify than reasonable doubt? However, even our justice system is yielding to the measurement revolution with new forensic technologies such as DNA fingerprinting. As we evolve from unquantified ignorance to an imperfect but everpresent state of measured awareness, Henshaw gives us a critical perspective from which we can "measure up" the measurements that have come to affect our lives so greatly.

Measuring Utility

Measuring Utility
Author: Ivan Moscati
Publisher:
Total Pages: 345
Release: 2019
Genre: Business & Economics
ISBN: 0199372764

Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.

The Measure of All Things

The Measure of All Things
Author: Ken Alder
Publisher: Simon and Schuster
Total Pages: 452
Release: 2014-07-29
Genre: History
ISBN: 074324902X

In June 1792, amidst the chaos of the French Revolution, two intrepid astronomers set out in opposite directions on an extraordinary journey. Starting in Paris, Jean-Baptiste-Joseph Delambre would make his way north to Dunkirk, while Pierre-François-André Méchain voyaged south to Barcelona. Their mission was to measure the world, and their findings would help define the meter as one ten-millionth of the distance between the pole and the equator—a standard that would be used “for all people, for all time.” The Measure of All Things is the astonishing tale of one of history’s greatest scientific adventures. Yet behind the public triumph of the metric system lies a secret error, one that is perpetuated in every subsequent definition of the meter. As acclaimed historian and novelist Ken Alder discovered through his research, there were only two people on the planet who knew the full extent of this error: Delambre and Méchain themselves. By turns a science history, detective tale, and human drama, The Measure of All Things describes a quest that succeeded as it failed—and continues to enlighten and inspire to this day.

Measurement for the Social Sciences

Measurement for the Social Sciences
Author: John R. Rossiter
Publisher: Springer Science & Business Media
Total Pages: 174
Release: 2010-11-25
Genre: Business & Economics
ISBN: 1441971580

This book proposes a revolutionary new theory of construct measurement – called C-OAR-SE – for the social sciences. The acronym is derived from the following key elements: construct definition; object representation; attribute classification; rater entity identification; selection of item type; enumeration and scoring. The new theory is applicable to the design of measures of constructs in: • Management • Marketing • Information Systems • Organizational Behavior • Psychology • Sociology C-OAR-SE is a rationally rather than empirically-based theory and procedure. It can be used for designing measures of the most complex and also the most basic constructs that we use in social science research. C-OAR-SE is a radical alternative to the traditional empirically-based psychometric approach, and a considerable amount of the book’s content is devoted to demonstrating why the psychometric approach does not produce valid measures. The book argues that the psychometric approach has resulted in many misleading findings in the social sciences and has led to erroneous acceptance – or rejection – of many of our main theories and hypotheses, and that the C-OAR-SE approach to measurement would correct this massive problem. The main purpose of this book is to introduce and explain C-OAR-SE construct measurement theory in a way that will be understood by all social science researchers and that can be applied to designing new, more valid measures. Featuring numerous examples, practical applications, end-of-chapter questions, and appendices, the book will serve as an essential resource for students and professional researcher alike.

Measuring Tomorrow

Measuring Tomorrow
Author: Éloi Laurent
Publisher: Princeton University Press
Total Pages: 237
Release: 2017-12-11
Genre: Business & Economics
ISBN: 069117069X

How moving beyond GDP will improve well-being and sustainability Never before in human history have we produced so much data, and this empirical revolution has shaped economic research and policy profoundly. But are we measuring, and thus managing, the right things—those that will help us solve the real social, economic, political, and environmental challenges of the twenty-first century? In Measuring Tomorrow, Éloi Laurent argues that we need to move away from narrowly useful metrics such as gross domestic product and instead use broader ones that aim at well-being, resilience, and sustainability. By doing so, countries will be able to shift their focus away from infinite and unrealistic growth and toward social justice and quality of life for their citizens. The time has come for these broader metrics to become more than just descriptive, Laurent argues; applied carefully by private and public decision makers, they can foster genuine progress. He begins by taking stock of the booming field of well-being and sustainability indicators, and explains the insights that the best of these can offer. He then shows how these indicators can be used to develop new policies, from the local to the global. An essential resource for scholars, students, and policymakers, Measuring Tomorrow covers all aspects of well-being—including health, education, and the environment—and incorporates a broad range of data and fascinating case studies from around the world: not just the United States and Europe but also China, Africa, the Middle East, and India.