I liked a lot of the suggestion and thoughts expresses.
The central issue though is data and I don’t quite see a solution offered there other than we should be collecting and studying the larger set of data. But if getting that were simple the question then is why? If it really is “We just haven’t thought of doing that in all the madness” should be simple to start moving that forward.
However I suspect that is not the right description of the situation. So perhaps a better starting point here might be to look at where the binding constraints (as John has so often pointed out to us) are and think about how to relax those constraints.
Clearly both activities, just recording and providing the additional information or identifying existing constraints limiting that effort, will include opportunity costs. But the opportunity costs for generating the data within the existing constraints versus identifying binding constraints that would allow the data to be more easily generated will likely be quite different. As such the relative payoff will be different with regard to the increased data I would think.
I liked a lot of the suggestion and thoughts expresses.
The central issue though is data and I don’t quite see a solution offered there other than we should be collecting and studying the larger set of data. But if getting that were simple the question then is why? If it really is “We just haven’t thought of doing that in all the madness” should be simple to start moving that forward.
However I suspect that is not the right description of the situation. So perhaps a better starting point here might be to look at where the binding constraints (as John has so often pointed out to us) are and think about how to relax those constraints.
Clearly both activities, just recording and providing the additional information or identifying existing constraints limiting that effort, will include opportunity costs. But the opportunity costs for generating the data within the existing constraints versus identifying binding constraints that would allow the data to be more easily generated will likely be quite different. As such the relative payoff will be different with regard to the increased data I would think.