Super Crunchers and over one million other books are available for Amazon Kindle. Learn more

Sorry, this item is not available in
Image not available for
Color:
Image not available

To view this video download Flash Player

 


or
Sign in to turn on 1-Click ordering
More Buying Choices
Have one to sell? Sell yours here
Start reading Super Crunchers on your Kindle in under a minute.

Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.

Super Crunchers: Why Thinking-by-Numbers Is the New Way to Be Smart [Hardcover]

by Ian Ayres
3.6 out of 5 stars  See all reviews (125 customer reviews)

List Price: $26.00
Price: $24.70 & FREE Shipping on orders over $35. Details
You Save: $1.30 (5%)
o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o
Only 1 left in stock.
Ships from and sold by Amazon.com. Gift-wrap available.
Want it Monday, April 28? Choose One-Day Shipping at checkout. Details
Free Two-Day Shipping for College Students with Amazon Student

Sell Us Your Books
Get up to 80% back when you sell us your books, even if you didn't buy them at Amazon. Learn more

Book Description

August 28, 2007 0553805401 978-0553805406 1
Why would a casino try and stop you from losing? How can a mathematical formula find your future spouse? Would you know if a statistical analysis blackballed you from a job you wanted?

Today, number crunching affects your life in ways you might never imagine. In this lively and groundbreaking new book, economist Ian Ayres shows how today's best and brightest organizations are analyzing massive databases at lightening speed to provide greater insights into human behavior. They are the Super Crunchers. From internet sites like Google and Amazon that know your tastes better than you do, to a physician's diagnosis and your child's education, to boardrooms and government agencies, this new breed of decision makers are calling the shots. And they are delivering staggeringly accurate results. How can a football coach evaluate a player without ever seeing him play? Want to know whether the price of an airline ticket will go up or down before you buy? How can a formula outpredict wine experts in determining the best vintages? Super crunchers have the answers. In this brave new world of equation versus expertise, Ayres shows us the benefits and risks, who loses and who wins, and how super crunching can be used to help, not manipulate us.

Gone are the days of solely relying on intuition to make decisions. No businessperson, consumer, or student who wants to stay ahead of the curve should make another keystroke without reading Super Crunchers.

Frequently Bought Together

Super Crunchers: Why Thinking-by-Numbers Is the New Way to Be Smart + Mind on Statistics (Available Titles Aplia)
Price for both: $226.97

Buy the selected items together


Editorial Reviews

From Publishers Weekly

Yale Law School professor and econometrician Ayres argues in this lively and enjoyable book that the recent creation of huge data sets allows knowledgeable individuals to make previously impossible predictions. He calls the data set analysts super crunchers and discusses the changes they're making to industries like medical diagnostics, air travel pricing, screenwriting and online dating services. Although Ayres presents both sides of this revolution, explaining how the corporate world tries to manipulate consumer behavior and telling consumers how to fight back, his real mission is to educate readers about the basics of statistics and hypothesis testing, spending most of his time in an edifying and entertaining discussion of the use of regression and randomization trials. He frequently asks whether statistical methods are more accurate than the more intuitive conclusions drawn by experts, and consistently concludes that they are. Ayres skillfully demonstrates the importance that statistical literacy can play in our lives, especially now that technology permits it to occur on a scale never before imagined. (Sept. 4)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review

"In the past, one could get by on intuition and experience. Times have changed. Today, the name of the game is data. Ian Ayres shows us how and why in this groundbreaking book Super Crunchers. Not only is it fun to read, it just may change the way you think."—Steven D. Levitt, author of Freakonomics

"Data-mining and statistical analysis have suddenly become cool.... Dissecting marketing, politics, and even sports, stuff this complex and important shouldn't be this much fun to read."—Wired

"[Ayres's] thesis is provocative: Complex statistical models could be used to market products more intelligently, craft better movies, and solve health-care problems—if only we could get past our statistics phobia."—Portfolio

"When statistics conflict with expert opinion, bet on statistics....Businesses, consumers, and governments are waking up to the power of analyzing enormous tracts of information."—Discover

"Super Crunchers shows that data-driven decisionmaking is not just revolutionizing baseball and business; it's changing the way that education policy, health care reimbursements, even tax regulations are crafted.  Super Crunching is truly reinventing government.  Politicians love to tout policy proposals, but they rarely come back and tell you which ones succeeded and which ones failed.  Data-driven policy making forces government to ask the bottom line question of 'What works.'  That's an approach we can all support."—John Podesta, President of the Center for American Progress

"A lively and yet rigorously careful account of the use of quantitative methods for analysis and decision-making.... Both social scientists and businessmen can profit from this book, while enjoying themselves in the process."—Dr. Kenneth Arrow, Nobel Prize winning economist, and Professor Emeritus at Stanford University

“Ayres’ point is that human beings put far too much faith in their intuition and would often be better off listening to the numbers.... The best stories in the book are about Ayres and other economists he knows, whether they are studying wine, the Supreme Court or jobless benefits.... Ayres himself is one of the [statistical] detectives. He has done fascinating research.”—The New York Times Book Review

"Ian Ayres [is] a law-and-economics guru."—Chronicle of Higher Education

“Lively and enjoyable.... Ayres skillfully demonstrates the importance that statistical literacy can play in our lives, especially now that technology permits it to occur on a scale never before imagined.... Edifying and entertaining."—Publishers Weekly

"Super Crunchers presents a convincing and disturbing vision of a future in which everyday decision-making is increasingly automated, and the role of human judgment restricted to providing input to formulae."—The Economist

"Insightful and delightful!" —Forbes

Product Details

  • Hardcover: 272 pages
  • Publisher: Bantam; 1 edition (August 28, 2007)
  • Language: English
  • ISBN-10: 0553805401
  • ISBN-13: 978-0553805406
  • Product Dimensions: 9.2 x 6.4 x 1 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 3.6 out of 5 stars  See all reviews (125 customer reviews)
  • Amazon Best Sellers Rank: #534,480 in Books (See Top 100 in Books)

More About the Author

Ian Ayres is the William K. Townsend Professor at Yale Law School and the Yale School of Management, and is editor of the Journal of Law, Economics and Organization. In addition to his best-selling SuperCrunchers, Ayres has written for the New York Times, the Wall Street Journal, Financial Times, International Herald Tribune, and The New Republic. He lives in New Haven, Connecticut.Barry Nalebuff is Professor of Economics and Management at the Yale School of Management. His books include The Art of Strategy (an update of the best-selling Thinking Strategically) and Co-opetition. He is the author of fifty scholarly articles and has been an associate editor of five academic journals. He lives in New Haven, Connecticut.

Customer Reviews

Most Helpful Customer Reviews
280 of 313 people found the following review helpful
Format:Hardcover
Is it a new brand of cereal? Or maybe it's a granola bar, or a chunky peanut butter spread? Then again, could it be the latest infomercial exercise device designed to give you the six pack abs you've always dreamed of but know in your heart of hearts you'll never achieve? Actually, it's a book - the title a product of the very methods the book describes. Here's what SUPER CRUNCHERS says.

(1) Mathematical regression models generated from large datasets often generate better predictions than human experts, and they provide supporting information on the predictive weight and reliability of each explanatory variable.
(2) Well-crafted experiments using randomized trials and control groups provide good market research and behavioral analysis results.
(3) Technological advances - the Internet, massive data storage devices, rapid computation, broadband telecommunication - are making it possible to share more sources of information and create ever-larger databases for analysis.
(4) Today's companies engage in multiple forms of market research by creating and using large databases and large-scale randomized trials.
(5) Many phenomena conform to normal distributions in which 95% of the population will be found within two standard deviations of the mean, the5% balance generally divided evenly in the two tails.

That's it. I just saved you $25.00 U.S. and a half-dozen or more hours learning how a guy from Yale named Ian Ayres collected a bit of information about applied mathematical techniques that have been in practical use for decades, packaged them up, palmed them off as something new, and cooked up the ridiculous name Super Crunching to describe an ostensibly new technological development.
Read more ›
Was this review helpful to you?
239 of 291 people found the following review helpful
1.0 out of 5 stars Disappointing October 6, 2007
Format:Hardcover
I read a blurb on this book in the Economist and bought it for that reason. When I read it however, it failed to deliver. It is similar to the Tom Peter's "Search of Excellence" type book with anecdotal stories with little substance. It is overgeneralized and overhypes the models it discusses. The models Ayres discusses are also NOT NEW. I personnally have been creating these types of system for nearly 30 years. What has changed over the years, of course, is greater accessibility of data and a greater capacity to process that data economically. But we still struggle with quality of data issues and appropriateness of model issues -- especially when the models begin to be used by people other than the model creators. The book glosses over this, only providing an example of how Choicepoint used a poor matching algorithm when eliminating felons from Florida's voting roles and even then the author minimizes the problem.

There is no discussion of how these models become abused when implemented as tools where the user of the tool has no knowledge of its limitations, when the model provides suboptimal solutions or what "outliers" are and how to deal with them (although you know immediately when you ARE the outlier and are trapped dealing with a company using a model designed for a population you don't belong to).

This leads us to becoming a nation of people who read off a screen and do what the computer says to do, while turning off our brain. Any wonder you can get outsourced in that scenario? But it must be right -- we Super Crunched it!
Was this review helpful to you?
50 of 60 people found the following review helpful
1.0 out of 5 stars Super Disappointing January 3, 2008
Format:Hardcover
Like "Freakonomics," this book over-relies on a catchy phrase as a substitute for a thorough exploration of the concepts and issues. The list of concerns includes:
1. Vague definition of the term "supercrunching." Is it "super" because the author wants us to think all statistics are super, or (what I had hoped) is there something about the type of statistics to which he refers that are in fact different from statistics in decision making for the last 40 years? All the talk of large datasets implies that supercrunching is a matter of size, but then why does the very first example of regression involve a model that has only 2 predictors? No need for large data sets for this kind of a model, right? Unless the effect size is tiny, but then, what good is the model? Tell us how things really are new and different now.
2. The book reads like a list of (mostly internet) companies and how fabulous and smart they are for using statistics. Actuarial science has been around for many, many years and again we see little discussion of how the actuarial tradition has become more available outside of the insurance industry. The whole book seems more like a stream of consciousness than an organized conceptual framework about the emergence of statistics as a guide to commercial, medical, and policy making over time.
3. While perhaps an excellent lawyer and professor, the author makes so many misleading or inaccurate remarks about statistics that it could be difficult for someone with a statistics background to enjoy the book.
Read more ›
Was this review helpful to you?
Most Recent Customer Reviews
4.0 out of 5 stars Fun look into number crunching and data mining
After reading this book I wanted to take up statistics as more than a hobby- this book seems like a good way to motivate students to learn how to answer the big (and fun) questions... Read more
Published 27 days ago by A Marsh Gooding
4.0 out of 5 stars It Was Entertaining
This was a quick read, but it was a fun read. Professor Ayres is a great writer (despite the hubbub with the plagiarism). Read more
Published 3 months ago by Anthony
1.0 out of 5 stars Slightly biased with nothing new to add to the field
I should have know before I got this book, that it was a loser, given the author's
name "Ian Errors", however, I disregarded this subliminal message. Read more
Published 4 months ago by RealTruth
5.0 out of 5 stars Thinking with numbers, good read (probably will make you look cool at...
Thinking by numbers is the new way to be smart - I dig it.

Between this book and the Numerati, I feel really smart and also super sketched out by everyone knowing what I... Read more
Published 5 months ago by Stella Seabass
5.0 out of 5 stars Highly recommended!
Tremendous overview of the contribution analytical techniques can and are making in fields as diverse as medicine, finance, law and even wine pricing. Highly recommended!
Published 5 months ago by PT
5.0 out of 5 stars A world for both views
In the end, I like that the author acknowledged that "super-crunchers", what many now refer to as big data predictive analytics, will not replace experts or intuition, but... Read more
Published 7 months ago by Matthew Clark
4.0 out of 5 stars Interesting
Had to read it for a class but still found it very interesting and well written. I really enjoyed the examples
Published 7 months ago by M. Bleiweiss
4.0 out of 5 stars Inspirational read
As an open source consultant getting into the Big Data and Analytics-field, this books was an inspirational read about how "thinking by the numbers" really is the new way to be... Read more
Published 8 months ago by Niklas Andersson
5.0 out of 5 stars Excellent!!
Excellent!!!

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean lobortis facilisis quam, ut venenatis dolor congue iaculis. Read more
Published 12 months ago by soldout432
4.0 out of 5 stars Expand Your Thinking Horizon - Can you still see "The Box?"
"Tried and True" vs Innovative
"Rule of Thumb" vs Scientific Method
"Gut Hunch" vs Verifiable Methodology

If you are on the left side... Read more
Published 12 months ago by John P. Wirick Jr.
Search Customer Reviews
Only search this product's reviews
ARRAY(0xa3f01564)


Forums

There are no discussions about this product yet.
Be the first to discuss this product with the community.
Start a new discussion
Topic:
First post:
Prompts for sign-in
 



Look for Similar Items by Category