Linear Digressions

Optimizing for the short-term vs. the long-term


Listen Later

When data scientists run experiments, like A/B tests, it’s really easy to plan on a period of a few days to a few weeks for collecting data. The thing is, the change that’s being evaluated might have effects that last a lot longer than a few days or a few weeks—having a big sale might increase sales this week, but doing that repeatedly will teach customers to wait until there’s a sale and never buy anything at full price, which could ultimately drive down revenue in the long term. Increasing the volume of ads on a website might lead people to click on more ads in the short term, but in the long term they’ll be more likely to visually block the ads out and learn to ignore them. But these long-term effects aren’t apparent from the short-term experiment, so this week we’re talking about a paper from Google research that confronts the short-term vs. long-term tradeoff, and how to measure long-term effects from short-term experiments.
Relevant links:
https://research.google/pubs/pub43887/
...more
View all episodesView all episodes
Download on the App Store

Linear DigressionsBy Ben Jaffe and Katie Malone

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

352 ratings


More shows like Linear Digressions

View all
Global News Podcast by BBC World Service

Global News Podcast

7,655 Listeners

Data Skeptic by Kyle Polich

Data Skeptic

476 Listeners

The Daily by The New York Times

The Daily

110,824 Listeners

Up First from NPR by NPR

Up First from NPR

55,990 Listeners

What's That Rash? by ABC listen

What's That Rash?

245 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

15,363 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,166 Listeners