Income Inequality 1 Flashcards
Psychological focus (attribution theory)
debate between internal versus external attributions e.g. for a homeless person what causes homelessness
System focus
Welfare state versus Market model (should government be involved in health and Welfare?)
Statistical focus
correlation versus causation; does income inequality drive health and welfare or do people’s abilities and choices create poor health and presence of welfare which in turn drive income inequality
Policy focus
economy versus policy; Should Governments manage the economy [control capital through interest rates, etc] or should Governments use social policy and social indicators to inform decision making
What has changed for many social scientists
the world has changed for many social scientists; they are no longer just collecting their own data, but are analysing secondary data [that is, data collected by others].
Two prime examples
meta data analysis; big data
Big data
extremely large data sets that may be analysed computationally to reveal patterns relating to human behaviour and interactions
What does big data analysis generate (2)
Generates descriptive correlational data but not causal explanations; Predicts future trends but does not develop or test theory [that is, it is atheoretical]
Example of big data analysis
RMIT evaluates the performance of undergraduate programmes by collecting three major metrics:1) Program quality – Course Experience Survey [collected each semester] and Program Experience Questionnaire [a survey of graduates]; 2) Program relevance - Graduate Destination Survey [% of graduates either employed or in postgrad courses three months after graduation]; 3) Viability Program demand - # of VTAC applications and # of applications listing program 1st, 2nd, 3rd preferences, Retention level - % of students completing degree in the minimum time and Financial performance - net profit level
Big data advantages
1) data driven organisations improve productivity and are more profitable; 2) Allows researchers to study extreme pathological populations;
Example
In my gambling research, need to collect 2000+ respondents to identify 30 probable pathological gamblers [problem gamblers not yet diagnosed]. By using betting activity on Bet.com, researchers can quickly identify a large sample of probable, pathological gamblers
Example 1 of big data success
Spots-hotter data – has been used to improve crime analysis and prediction of crime hot spots
Example 2 of big data success
Twitter data – more accurate in making national economic predictions by monitoring entries on job losses, job gains and job postings
Example 3 of big data success
Google-search – made timely [same day] predictions of the spread of influenza outbreak – monitored online searches for flu symptoms compared to health department statistic [published weekly]
Big data disadvantages (2)
1) some organisations focus on outcome and not causation; 2) No social conscious – remove programs that are not economically viable irrespective of their community importance: e.g. Disability