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Fun fact: overriding regulatory data with #alternativedata is also what Dennis, Gerardi & Schenone do to support the EFA-best-paper-award-winning claim that #airlinepaper’s results aren't robust to reasonable alternative empirical choices.
(The difference to Rock & Rubinfeld is that they don’t call it “reformat” when they come up with #alternativedata. They call it “alternative mapping”, among other things.)
Wanna hear more about how they continued furthering a narrative of a false AST paper, even after they realized their EFA-best-paper-winning claims had no basis in fact?

Come join me for a fun ride through the land of #alternativedata!
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