On Thursday, May 31st, 2:30-4:00 pm, Room 101 MCLN. Dr. Chris O'Donnell, Professor of Econometrics at the University of Queensland will present "Practical Considerations in the Analysis of Managerial Performance".
This invitation is open to all.
Abstract: This paper considers some of the steps involved in conducting a policy-oriented analysis of managerial performance. It explains that, for best results, these steps should be completed in a prescribed order or sequence. The paper also considers government policies that can be used to target the main drivers of performance. Here, the term `government' refers to a group of people with the authority to control any variables that are not controlled by firm managers. To illustrate, the paper uses econometric methods to analyse the performance of a group of rice farmers. Here, the term `econometric’ refers to a combination of economic theory, measurement theory and statistical methods.