--%>

Key questions in evaluating a research report

Key questions in evaluating a research report: In brief, there are five key questions you, as a consumer of analytical work, should ask yourself as you are evaluating a research report.

1. What is the purpose of the analysis? Does the model chosen make theoretical and intuitive sense? Are all of the relevant variables in the model?

2. Does the model use empirically or experimentally generated data? Is the data appropriate for the purpose of the analysis? Is there potential for data problems to affect the overall outcome of the study?

3. Is the model properly specified? Does the functional form represent theory? Does the author indicate what other functional forms were considered and rejected?

4. What assumptions are used to derive the model? Is the model tested for its sensitivity to these assumptions?

5. Is the model both statistically and functionally significant?

   Related Questions in Microeconomics

  • Q : Equilibrium outputs in long-run entry

    Long-run supply curve of a purely competitive industry: (w) equals the horizontal summation of all firms’ short-run supply curves. (x) reflects equilibrium outputs after entry and exit respond completely to any shifts in demand. (y) declines as

  • Q : Price charging equality to marginal cost

    Within the short run, a price-maker firm along with important market power but that cannot price discriminate is unable to concurrently maximize profit and: (i) charge a price equal to marginal cost. (ii) minimize average total cost. (iii) produce out

  • Q : Short-run supply curve of a purely

    Short-run supply curve of a purely competitive firm is the positively sloped segment of: (a) its long run sales revenue curve. (b) its marginal fixed cost curve. (c) its average profits curve. (d) its average total cost curve. (e) its MC curve above t

  • Q : Changes in market prices and conditions

    The model of pure competitive is intended to produce insights within how: (w) asymmetric information influences the efficiency of exchange. (x) buyers and sellers negotiate to reach contracts for goods and services. (y) markets determine equitable dis

  • Q : Equilibrium market price In a perfectly

    In a perfectly competitive market, market demand curve is provided by Qd = 200 − 5Pd, and the market supply curve is provided by Qd = 35Ps. a) Determine the equilibrium market price

  • Q : Relationship between Total utility and

    Describe the relationship between Total utility (TU) and Marginal utility (MU)? Answer:

    Q : Operating in the short run The computer

    The computer hard disk manufacturer can make a decision how many people to hire and how many supplies to purchase however can’t change the size of factory. This organization is: (1) Operating in short run. (2) Operating in long run. (3) Vertically integrated. (4

  • Q : Oligopolistic nature of industries The

    The oligopolistic nature of several industries is probably to be attributable to: (1) overly expansionary macroeconomic policies. (2) corporate instability. (3) economies of scale. (4) cooperative gaming. (5) unstable Nash equilibrium.

    Q : Transitivity Please provide me answer

    Please provide me answer of this question. What will be the implications for consumer's preferences and her indifference curves if the axiom of transitivity does not hold?

  • Q : Supply curve The short-run industry

    The short-run industry supply curve is found by what?