Richard Stone

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Recent publications · Crossref

5 total works indexed

1. The Measurement of Observer Agreement for Categorical Data

   · 1977 · cited 61,793x

2. The Sequence Alignment/Map format and SAMtools

   · 2009 · cited 58,229x

3. Fast and accurate short read alignment with Burrows–Wheeler transform

   · 2009 · cited 46,840x

4. ImageNet: A large-scale hierarchical image database

   · 2009 · cited 46,289x

5. Highly accurate protein structure prediction with AlphaFold

   · 2021 · cited 41,730x

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Quotes

• “Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.”
• “We usually find a considerable degree of correlation between indicators and also between different sets of weights that we should ever think of using. Consequently we are likely to find that alternative index numbers using different weights show similar and often approximately proportionate movements. That this is so in most economic applications is due to the nature of the actual world and not simply to the formal characteristics of index number techniques.”
• “The usefulness of observation and measurement in testing economic theories arises because the theorems of economics are supposed to relate to the actual world... Any economic theorem rigorously deduced from given postulates may be regarded as a hypothesis about the actual world which xperience may show to be false.”
• “I have tried to make clear in this brief sketch of the nature of deductively formulated theories, at least as they occur in economics, that, although their origin lies in common observation and introspection, nevertheless they are capable of a purely mathematical development through the exact statement of a of a set of postulates which, however, since they must inevitably contain assumptions about human behaviour, require to be tested by reference to actual events.”
• “There is no hope, as far as I can see, of pushing the postulates of economic theory back to a set of irreducible axioms.”
• “A choice may have to be made between a biased estimator which is believed to be relatively accurate and an unbiased estimator which is demonstrably highly inefficient, and it is by no means obvious that the latter is always to be preferred.”

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Key facts

Born

( 1913-08-30 ) 30 August 1913, London, England

Died

6 December 1991 (1991-12-06) (aged 78), Cambridge, England

Alma mater

Gonville and Caius College, Cambridge , King's College, Cambridge

Influences

James Meade , Colin Clark

Discipline

Economics

Institutions

Cambridge University

Doctoral students

James Mirrlees , Angus Deaton

Notable ideas

National accounts , input-output

Awards

Nobel Memorial Prize in Economic Sciences (1984)

Website

Information at IDEAS / RePEc

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Wikidata facts

Number of children

1

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