Part of the Springer Texts in Business and Economics book series (STBE)


This chapter portrays data description as an integral prelude to economic modeling, a key aspect of shaping a model. It lays out three principles that exemplify effective description and presents three techniques for creating graphs and tables that adhere to these principles. These ideas come to life in applications to ultramarathoning, beer prices, and the incentive effects of letter grades.


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Copyright information

© Springer Nature Switzerland AG 2018

Authors and Affiliations

  1. 1.Sam Houston State UniversityHuntsvilleUSA

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