bet365 offers helps optimize public policies
May 20, 2019 09:03 Source: "China bet365 offers Journal" Issue 1695, May 20, 2019 Author: Reporter Zhang Yixin

In recent years,Economics research has made important contributions to the high-quality development of our country,Econometric methods are widely used in the evaluation of public bet365 offers effects。Topics surrounding econometrics and public bet365 offers,The reporter interviewed many scholars in this field。

  Improving the level of bet365 offers

Fang Ying, professor at Wang Yanan Institute of Economics at Xiamen University said,Econometrics is based on economics and statistics,Taking socioeconomic data as the main research object,The main purpose is to identify the laws and causal relationships of social and economic development,Integrated use of economic analysis tools and mathematics、Statistics、An interdisciplinary subject of technical means such as information science and data science。The application of econometrics in scientific decision-making is mainly reflected in bet365 offers design before bet365 offers implementation and bet365 offers evaluation after bet365 offers implementation。Before bet365 offers implementation,To avoid blind decision-making,bet365 offers objectives should be aligned as much as possible、bet365 offers Scope、Quantitative analysis of bet365 offers content and possible disruptions and risks to the bet365 offers,Comprehensive consideration and scientific analysis based on facts (data)。In the process of bet365 offers implementation,The actual effect of policies is often subject to specific realities。Therefore,In the bet365 offers design stage,It is also necessary to comprehensively use analytical tools such as behavioral economics and experimental economics,Fully consider the interaction of different subjects in the design of quantitative models and mechanisms。After the bet365 offers is implemented,An objective and accurate evaluation of the specific effects of a specific bet365 offers is usually required,Provide the basis for scientific decision-making for the next step of bet365 offers adjustment and bet365 offers optimization。

Zeng Kanghua, director of the Department of Finance at Central University of Finance and Economics, believes,From an economic perspective,The government can analyze various bet365 offers generated by people’s behavior,Thus discovering people’s consumption preferences,And develop corresponding management measures for these preferences,Make management measures more targeted and effective。So,Applied econometrics can play a positive role in improving national governance and scientific decision-making capabilities。

  New technologies promote the development of bet365 offers

Introduction by Lou Feng, Director of the Economic System Analysis Research Office of the Institute of Quantitative and Technical Economics, Chinese Academy of Social Sciences,Econometric models have had many specific applications in my country’s past fiscal bet365 offers design。United States、Countries such as Australia often use econometric models to conduct strategic-level simulation analysis before policies are introduced。With the cutting-edge econometric theory and artificial intelligence、The rapid development of new technologies such as big data,It becomes possible to conduct more accurate “scientific experiments” on bet365 offers simulation and evaluation。

Wang Weiguo, Vice President of Dongbei University of Finance and Economics, believes,The development of new technologies has a significant role in promoting econometrics。First, promote the transition from causal identification to prediction。The core task of econometrics is parameter estimation testing and prediction。From the perspective of the development context of econometrics,People have been paying more attention to parameter estimation tests focusing on identifying causal relationships,And the focus on prediction is relatively weak。Compare with econometrics,Machine learning (the main field of artificial intelligence) focuses more on prediction。For example,Decision tree method for discrete classification prediction,Technical solutions such as the Lasso algorithm (LASSO) and Ridge Regression for continuous variable prediction can help improve the prediction accuracy of the overall model。The second is to promote variable selection。Artificial intelligence can help econometric models work in dimensionality reduction in the context of big bet365 offers。When the amount of bet365 offers is very large,The calculation is very difficult,This requires some methods to filter variables,Select the most core、Key explanatory variables。At this time,Machine learning method has its place。The third is to gradually solve the problem of heterogeneity。For example,Introducing classification and regression trees commonly used in machine learning into the traditional causal identification framework,To examine the heterogeneous treatment effect。

  Rely on bet365 offers but not superstitious about bet365 offers

In order to give full play to the important role of econometrics in scientific decision-making,Fang Ying thinks,At present, we should pay attention to the following aspects of work。First,Attach importance to econometrics teaching、Cultivation of scientific research and application talents,Especially the cultivation of talents for basic theoretical research in econometrics。Second,Data is the basis of quantitative analysis,Governments at all levels should further strengthen the collection of various socioeconomic data、Organization and publication,Improve data quality,At the same time, take advantage of the opportunity of the country’s implementation of the information development strategy,Pay attention to the collection and use of all kinds of big data。Third,In the process of bet365 offers design and bet365 offers evaluation,Depend on data,Don’t be superstitious about data,Pay attention to the comprehensive use of econometrics、Behavioral Economics、Experimental Economics、Methods and tools such as systems engineering and theoretical economics,Provide basis for scientific decision-making。Fourth,Governments at all levels should further improve their awareness of scientific decision-making,In bet365 offers development、Make full use of the role of experts, scholars and think tanks at all stages of implementation and evaluation。

Wang Weiguo thinks,First, we must pay attention to the applicable conditions and technical requirements of various bet365 offers evaluation methods,Avoid misuse of methods。The second is to integrate new technologies such as machine learning and big data into econometric theories and methods。Third, it must be based on the reality of our country,Develop econometric models suitable for China’s national conditions。Our country has been in the process of dynamic reform,Cannot simply apply existing econometric models。

In Zeng Kanghua’s opinion,In the era of big data,Want to formulate and implement any one correct、Targeted bet365 offers,Everything must be based on the analysis of facts,This requires giving full play to the role of econometrics。For this,Talents who can use measurement methods to analyze problems and who know how to use measurement software should be cultivated。

Lou Feng said,The state should fully encourage and support relevant universities、bet365 offers research institutions use various econometric theories,Combined with my country’s economic characteristics and its own laws,Independent research and development country、Large-scale complex system models at the social and industry levels,So as to formulate and evaluate national policies,Provide bet365 offers methods、Means and basis。

Editor: Cui Cen
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