Microeconomics

Microeconomics

Correlation and Causality

Correlation and causation are two very different concepts and we are exposed to make diagnoses on the basis that there is great convergence between them tends to make these allocations based on results achieved rather than the means used and how to get them. Sometimes we are influenced by the results we show some large investors or companies and in view of the results attribute a quality to his administration; many times these achievements are the result of any circumstances not necessarily random but may be transient. Many great stories of companies and entrepreneurs are so unrealistic that they ...