In July, the SRC welcomed three Westminster School students for a one-week work placement. The students worked on a research project to discover what economical elements have an effect on the prices of rare books. They were tasked with doing data work consisting in locating repeat sales of certain rare books at auction. Having updated the database, they could generate a current rare book price index. The students were also introduced to statistical techniques and statistical computing R commonly used in research. At the end of their visit, they were given the opportunity to apply econometric techniques to the rare book index and to present their findings.
