Know how to compare apples to oranges?
If you read the book Freakonomics by Steven D. Levitt and Stephen J. Dubner, it is easy to see how academic research in general and economic research in particular can benefit from mining the vast data available from the web.
Remember the study on the relative value of a man’s posted Height vs. Weight vs. Income on dating websites? How about the difference between the amount that real estate agents sell their own homes for versus the amount that the fetch for their clients? All of these data are available on the web and with Velocityscape’s products and/or services can easily be loaded into a spreadsheet or database for your study.
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