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Mathematica Inc.
Mathematica, formerly Mathematica Policy Research, is an American research organization and consulting company headquartered in Princeton, New Jersey. The company provides data science, social science, and technological services for social policy initiatives. Mathematica employs approximately 1,600 researchers, analysts, technologists, and practitioners in nine offices across the United States: Princeton, New Jersey; Cambridge, Massachusetts; Chicago, Illinois; Washington, DC; Ann Arbor, Michigan; Seattle, Washington; Woodlawn, Maryland; Tucson, Arizona and Oakland, California. In 2018, the company acquired EDI Global, a data research company based in the United Kingdom and Africa. Mathematica's clients include federal agencies, state and local governments, foundations, universities, private-sector companies, and international organizations. History Samuel G. Barton founded the Industrial Surveys Company in the late 1930s. His company later became Market Research Corporation of ...
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Consulting Company
A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on. Management consultants, in particular, typically work with company executives and provide them with generalists and industry-specific specialists, known as subject-matter experts, usually trained in management or in business schools. The deliverable of a management consultant is usually recommendations for achieving a company objective, leading to a company project. Many consulting firms complement the recommendations with implementation support, either by the consultants or by technicians and other experts. Consulting services are part of the tertiary sector and account for several hundred billion dollars in annual revenues. Between 2010 and 2015, the 10 largest consulting ...
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Oskar Morgenstern
Oskar Morgenstern (January 24, 1902 – July 26, 1977) was an Austrian-American economist. In collaboration with mathematician John von Neumann, he founded the mathematical field of game theory as applied to the social sciences and strategic decision-making (see von Neumann–Morgenstern utility theorem). Companies he served as founder/co-founder of included Market Research Corporation of America, Mathematica and Mathematica Policy Research. Biography Morgenstern was born in Görlitz in the Prussian Province of Silesia. His mother was said to be a daughter of Emperor Frederick III of Germany. Morgenstern grew up in Vienna, Austria, where he also went to university. In 1925, he graduated from the University of Vienna and got his PhD in political science. From 1925 until 1928, he went on a three-year fellowship financed by the Rockefeller Foundation. After his return in 1928, he became a professor in economics at the University of Vienna until his visit to Princeton Univer ...
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Data Management
Data management comprises all disciplines related to handling data as a valuable resource. Concept The concept of data management arose in the 1980s as technology moved from sequential processing (first punched cards, then magnetic tape) to random access storage. Since it was now possible to store a discrete fact and quickly access it using random access disk technology, those suggesting that data management was more important than business process management used arguments such as "a customer's home address is stored in 75 (or some other large number) places in our computer systems." However, during this period, random access processing was not competitively fast, so those suggesting "process management" was more important than "data management" used batch processing time as their primary argument. As application software evolved into real-time, interactive usage, it became obvious that both management processes were important. If the data was not well defined, the data ...
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Data Collection
Data collection or data gathering is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes. Data collection is a research component in all study fields, including physical and social sciences, humanities, and business. While methods vary by discipline, the emphasis on ensuring accurate and honest collection remains the same. The goal for all data collection is to capture quality evidence that allows analysis to lead to the formulation of convincing and credible answers to the questions that have been posed. Data collection and validation consists of four steps when it involves taking a census and seven steps when it involves sampling. Regardless of the field of or preference for defining data (quantitative or qualitative), accurate data collection is essential to maintain research integrity. The selection of appropriate data collection instruments (existing, mo ...
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Program Evaluation
Program evaluation is a systematic method for collecting, analyzing, and using information to answer questions about projects, policies and programs, particularly about their effectiveness and efficiency. In both the public and private sectors, stakeholders often want to know whether the programs they are funding, implementing, voting for, receiving or objecting to are producing the intended effect. While ''program evaluation'' first focuses around this definition, important considerations often include how much the program costs per participant, how the program could be improved, whether the program is worthwhile, whether there are better alternatives, if there are ''unintended'' outcomes, and whether the program goals are appropriate and useful. Evaluators help to answer these questions, but the best way to answer the questions is for the evaluation to be a joint project between evaluators and stakeholders. The process of evaluation is considered to be a relatively recent phenom ...
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Global Development
International development or global development is a broad concept denoting the idea that societies and countries have differing levels of economic or human development on an international scale. It is the basis for international classifications such as developed country, developing country and least developed country, and for a field of practice and research that in various ways engages with international development processes. There are, however, many schools of thought and conventions regarding which are the exact features constituting the "development" of a country. Historically, development was largely synonymous with economic development, and especially its convenient but flawed quantification (see parable of the broken window) through readily gathered (for developed countries) or estimated monetary proxies (estimated for severely undeveloped or isolationist countries) such as gross domestic product (GDP), often viewed alongside actuarial measures such as life expectancy. ...
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Evidence-based Policymaking
Evidence-based policy is an idea in public policy proposing that policy decisions should be based on, or informed by, rigorously established objective evidence. The implied contrast is with policymaking based on ideology, 'common sense,' anecdotes, and intuitions. It is the government equivalent of the effective altruism movement. Evidence-based policy uses a thorough research method, such as randomized controlled trials (RCT). Good data, analytical skills, and political support to the use of scientific information are typically seen as the crucial elements of an evidence-based approach. Some have promoted particular types of evidence as 'best' for policymakers to consider, including scientifically rigorous evaluation studies such as randomized controlled trials to identify programs and practices capable of improving policy-relevant outcomes. However, some areas of policy-relevant knowledge may not be well served by quantitative research. This has led to a debate about the ty ...
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Negative Income Tax
In economics, a negative income tax (NIT) is a system which reverses the direction in which tax is paid for incomes below a certain level; in other words, earners above that level pay money to the state while earners below it receive money, as shown by the blue arrows in the diagram. NIT was proposed by Juliet Rhys-Williams while working on the Beveridge Report in the early 1940s and popularized by Milton Friedman in the 1960s as a system in which the state makes payments to the poor when their income falls below a threshold, while taxing them on income above that threshold. Together with Friedman, supporters of NIT also included James Tobin, Joseph A. Pechman, and Peter M. Mieszkowski, and even then-President Richard Nixon, who suggested implementation of modified NIT in his Family Assistance Plan. After the increase in popularity of NIT, an experiment sponsored by the US government was conducted between 1968 and 1982 on effects of NIT on labour supply, income, and substitutio ...
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Computer Associates
CA Technologies, formerly known as CA, Inc. and Computer Associates International, Inc., is an American multinational corporation headquartered in New York City. It is primarily known for its business-to-business (B2B) software with a product portfolio focused on Agile software development, DevOps, and computer security software spanning across a wide range of environments such as a mainframe, distributed computing, cloud computing, and mobile devices. The company markets nearly 200 software products. Some of the best-known are ACF2 (security), TopSecret (security), Datacom (database), Easytrieve (report generator), IDMS (database), InterTest (debugging), Librarian, Panvalet (source code library management), and TLMS (tape library management). Through 2018, CA Technologies maintained offices in more than 40 countries and employed approximately 11,300 people. CA holds more than 1,500 patents worldwide, and has more than 900 patent applications pending. It was headquartered on L ...
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Employee-owned
Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in Public company, public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan ...
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RAMIS (software)
RAMIS ("Random Access Management Information System") is a fourth-generation programming language (4GL) capable of creating and maintaining databases consisting of named files containing both numeric and alphabetic fields and subsequently producing detailed simple or complex reports using a very simple English like language. As such it is easily mastered by non-programmers. A typical program - either to create or maintain a database or to create quite complex reports - would normally consist of a handful of lines of code which could be written or understood by non-professional programmers. "End users" as they became known. Such end users could be trained to use RAMIS in a matter of days and so large companies would often have several hundred such users scattered throughout the company. History RAMIS was initially developed in the mid 1960s by the company Mathematica on a consulting contract for a marketing study by a team headed by Gerald Cohen and subsequently further developed ...
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Mathematica (company)
Mathematica was founded by Princeton University professors in 1968 and had a multi-faceted history. * It did consulting work, mostly "to develop mathematical models for marketing decision making." * a leading developer of state lottery systems * developer of RAMIS Early day participants * Oskar Morgenstern, economist; one of the company's founders (1969) * Tibor Fabian, Mathematica's Hungarian-born president (1980s) * William Baumol and William Bowen: economists, early day participants Divisions * Mathematica Policy Research⁣ – the only unit still carrying the ''Mathematica'' name. * Mathematica Products Group – best known for developing RAMIS * MathTech, the company's technical and economic consulting group – "research projects and computer systems other than Ramis." A quarter of a century after Mathematica's founding, it "was largely owned by a group of professors in Mathematics and Economics at Princeton University ... as this group aged, they opted to cash out b ...
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