Lightning Talk - How R-Maps Showed an Old Industry a New Route - Yulia Guan - SatRday LA 2019

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SatRday Los Angeles, April 6, 2019 @ UCLA Alumni Center

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How R-Maps Showed an Old Industry a New Route

Yujia Guan, Amar Natt, PhD - Econ One Research

Economic consulting for litigation is a conservative industry. Analysis tools are dominated by Stata and SAS, while new software tools are widely regarded with suspicion. There is little will for innovation. A senior economist’s desire for attractive maps to be used in a large price-fixing case created an opportunity to introduce R as a powerful open-source alternative to traditional statistical tools: models and maps! The sophisticated story-telling power and captivating outlook delivered by R maps induced further interest from leadership regarding the advantages and capabilities of R. This small point of entry has slowly stirred a tide of change in a very entrenched industry.
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