The more conservative among us believe that "Big Data is a fad that will soon fade out" and they may in fact be partially right. By contrast, others - especially those who dispassionately note that digitization is only now beginning to deliver its payload - may beg to differ. We argue that all...

We study the directed motion of Brownian particles in a periodic potential due to a periodically oscillating temperature of the thermal environment. The steady average velocity of Brownian particles is evaluated by using the Langevin simulation. The features of current are discussed in detail....

We derive general, yet simple, sharp bounds on the size of the omitted variable bias for a broad class of causal parameters that can be identified as linear functionals of the conditional expectation function of the outcome. Such functionals encompass many of the traditional targets of...