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  • impacts
  • This modelling work is aimed to assist governments in identifying least-cost policies or policy mixes to reduce greenhouse gas (GHG) emissions, and assesses the cost and impacts of environmental feedbacks, among other applications. (oecd.org)
  • The Economic Consequences of Outdoor Air Pollution - This report provides a comprehensive assessment of the economic consequences of outdoor air pollution in the coming decades, focusing on the impacts on mortality, morbidity, and changes in crop yields as caused by high concentrations of pollutants. (oecd.org)
  • The impacts of outdoor air pollution are projected to lead to significant economic costs, which are illustrated at the regional and sectoral levels, and to substantial annual global welfare costs. (oecd.org)
  • It analyses the impacts of climate change on trade considering both direct effects on infrastructure and transport routes and the indirect economic impacts resulting from changes in endowments and production. (oecd.org)
  • Modelling Economic Impacts of Alternative International Climate Policy Architectures. (repec.org)
  • Study co-author Professor René Rizzoli, Professor of Medicine and Head of the Division of Bone Disease at the University Hospitals of Geneva, said, "Despite the fact that the effects of foods on health are recognized, there are no accepted and proven methodologies to assess the health-economic impacts of foods on the general population. (innovations-report.de)
  • behavior
  • We present survey data on recycling behavior and voluntary community work, which is consistent with the model predictions. (repec.org)
  • Incentives and Social Norms in Household Behavior ," American Economic Review , American Economic Association, vol. 87(2), pages 370-377, May. (repec.org)
  • Incentives and Social Norms in Household Behavior ," Papers 622, Stockholm - International Economic Studies. (repec.org)
  • A number of preeminent founders of important schools of economic thought, including Adam Smith, wrote extensively on psychological dimensions of human experience and economic behavior, while later economists sometimes sought explicitly to exclude psychology from economic analysis. (scribd.com)
  • In it, Friedman argues that unrealistic or even obviously untrue assumptions-especially, the core assumption used throughout much of contemporary economics (including much of behavioral economics) that all behavior can be modeled as resulting from decision makers solving constrained optimization problems-are perfectly legitimate, so long as they produce accurate predictions. (scribd.com)
  • growth
  • The Economic Consequences of Climate Change - This report provides a new detailed quantitative assessment of the consequences of climate change on economic growth through to 2060 and beyond. (oecd.org)
  • The Bank updated its forecast for real economic growth to 1.3 percent this year, 1.9 percent next year and 2.0 percent in 2021. (bankofcanada.ca)
  • The model identifies four types of shocks with different economic interpretations: oil supply shocks, oil-market-specific demand shocks, storage demand shocks and shocks to global economic growth. (bankofcanada.ca)
  • The study, although titled ``The East Asia Miracle: Economic Growth and Public Policy,'' finds neither a miracle nor any unique method used to create the most economically dynamic region in the world. (csmonitor.com)
  • The process of growth in East Asia does not differ significantly from economic growth in any other regions of the developing world,'' declares John Page, team leader of the study, which was released yesterday. (csmonitor.com)
  • California's growth model has become dependent on two key sectors - high-end real estate and the tech companies - that generate capital gains on a massive level. (dailybreeze.com)
  • Mortality Decline in the Low Income World: Causes and Consequences ," Papers 681, Yale - Economic Growth Center. (repec.org)
  • President Recep Tayyip Erdogan wants the bank to keep rates low to support economic growth, but independent economists say it should be free to raise rates to rein in inflation. (dawn.com)
  • Turkey finances a lot of its economic growth with foreign investment, making it particularly vulnerable to a slide in the currency. (dawn.com)
  • Migration in a Solow Growth Model (2009), http://ssrn.com/abstract=1578565 (Žiūrėta: 2011 sausio 15d. (springer.com)
  • OPTIMIZATION
  • The neoclassical model assumes that economic man, or homo economicus, is infinitely self-interested, infinitely capable of processing information and solving optimization problems, and infinitely self-disciplined or self-consistent when it comes to having the willpower to execute one's plans-whether those plans concern how much junk food to eat or how much to save for retirement. (scribd.com)
  • Philosophy
  • Foundations Of Ambiguity And Economic Modelling ," Economics and Philosophy , Cambridge University Press, vol. 25(03), pages 297-302, November. (repec.org)
  • substantive revision Tue Feb 26, 2008 Philosophy of Economics consists of inquiries concerning (a) rational choice, (b) the appraisal of economic outcomes, institutions and processes, and (c) the ontology of economic phenomena and the possibilities of acquiring knowledge of them. (hubpages.com)
  • Economic theories of rationality, welfare, and social choice defend substantive philosophical theses often informed by relevant philosophical literature and of evident interest to those interested in action theory, philosophical psychology, and social and political philosophy. (hubpages.com)
  • assumptions
  • economic science upon a solid basis, we must make it completely independent of psychological assumptions‖ (Slutsky, 1915, p. 27). (scribd.com)
  • Nevertheless, Friedman argues that this model based on manifestly wrong assumptions should be judged strictly in terms of the predictions it makes and not the realism of its assumptions. (scribd.com)
  • In contrast to Friedman's professed lack of interest in investigating the realism of assumptions, behavioral economists have made it a core theme in their work to empirically test assumptions in economic models and modify theory according to the results they observe. (scribd.com)
  • Second, the rationality assumptions underlying evolutionary game theory are, in many cases, more appropriate for the modelling of social systems than those assumptions underlying the traditional theory of games. (hubpages.com)
  • cycles
  • We propose a model of cycles of distrust and conflict. (nber.org)
  • We show how this mechanism can be useful in interpreting cycles of ethnic conflict and international war, and how it also emerges in models of political participation, dynamic inter-group trade, and communication - leading to cycles of political polarization, breakdown of trade, and breakdown of communication. (nber.org)
  • behavioral economics
  • Bounded self-interest enjoys widespread interest in behavioral economics, which has proposed numerous models of so-called social preferences to address a number of observations from human experiments that appear to falsify the assumption that people maximize their own monetary payoffs. (scribd.com)
  • As there are no major publications on behavioral economics in comparison to the conventional or standard economic model this paper should identify the main differences of the two approaches. (ukessays.com)
  • Economy
  • The home insulation scheme is a perfect example of how we can reduce emissions without reducing industrial output, with a net economic benefit to the economy. (scoop.co.nz)
  • He can both sell himself as the model of progressive virtue and also lord of the world's fifth-largest economy, home to three of the world's most powerful and influential companies. (dailybreeze.com)
  • This paper provides a positive theory that explains how an economy might evolve when the longevity of its citizens both influences and is influenced by the process of economic development. (repec.org)
  • stochastic
  • The initial model as described is relatively unsophisticated but can easily be extended to include stochastic properties for input variables and multiple step operations. (sae.org)
  • economics and finance
  • The applications of techniques from statistical (and classical) mechanics to model interesting problems in economics and finance have produced valuable results. (repec.org)
  • ROBERT S. PINDYCK is the Mitsubishi Bank Professor in Economics and Finance in the Sloan School of Management at M.I.T. He is also a Research Associate of the National Bureau of Economic Research, and a Fellow of the Econometric Society, and has been a Visiting Professor of Economics at Tel-Aviv University. (google.com)
  • projections
  • The report provides projections for the biophysical and economic consequences of nexus bottlenecks until 2060, highlighting that while the LWE nexus is essentially local, there can be significant large-scale repercussions in vulnerable regions, notably on forest cover and in terms of food and water security. (oecd.org)
  • methodologies
  • Techniques are now being developed to extend simulation methodologies to supplement conventional economic analysis of complex manufacturing systems. (sae.org)
  • Assess
  • Although this model may be further refined, it does provide a straightforward and easy-to-use method to assess the health-economic impact of food products on health, well-being and costs. (innovations-report.de)
  • analysis
  • It focuses on a dynamic, integrated, and disaggregated analysis of how land, water and energy interact in the biophysical and economic systems. (oecd.org)
  • The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out ," American Economic Review , American Economic Association, vol. 87(4), pages 746-755, September. (repec.org)
  • Inefficiency in Legislative Policymaking: A Dynamic Analysis ," American Economic Review , American Economic Association, vol. 97(1), pages 118-149, March. (repec.org)
  • Marx's economic analysis of capitalism is based on his version of the labour theory of value, and includes the analysis of capitalist profit as the extraction of surplus value from the exploited proletariat. (hubpages.com)
  • The analysis of history and economics come together in Marx's prediction of the inevitable economic breakdown of capitalism, to be replaced by communism. (hubpages.com)
  • The analysis of saturated economic systems started only in the last decade. (springer.com)
  • theory
  • This paper proposes a dynamic politico-economic theory of intergenerational contracts, whose driving force is the intergenerational confict over government spending. (repec.org)
  • Albert and Hahnel stress that parecon is only meant to address an alternative economic theory and must be accompanied by equally important alternative visions in the fields of politics, culture and kinship. (abovetopsecret.com)
  • capitalism
  • And since the end of the cold war, Japan has tried to convince China, Russia, and other emerging market economies to follow its ``model'' rather than Western-style capitalism. (csmonitor.com)
  • nexus
  • The Land-Water-Energy Nexus: Biophysical and Economic Consequences - This report contributes to the discussion of interconnections between scarce resources by highlighting the nexus between land, water and energy (the LWE nexus). (oecd.org)
  • Outcomes
  • Study author Dr. Brennan Spiegel, codirector of the Center for the Study of Digestive Healthcare Quality and Outcomes, remarked, "COX-2 inhibitors were not a health economic bargain at all-especially given the added costs of more heart attacks. (pharmacytimes.com)
  • National Bureau o
  • James Poterba is President of the National Bureau of Economic Research. (nber.org)
  • He has been a Fellow at the National Bureau of Economic Research, the Center for Advanced Study in the Behavioral Sciences, and the John Simon Guggenheim Foundation. (google.com)
  • simulation
  • Strategic decisions for machinery design, level of automation and inventory strategy are facilitated with this simulation model. (sae.org)
  • Research
  • Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ. (repec.org)
  • Weiss, M.B. & Shin, S.J. NETNOMICS: Economic Research and Electronic Networking (2004) 6: 43. (springer.com)
  • In recent years non-linearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. (worldcat.org)
  • Non-Linearities in Other Fields of Research: Sandberg, R.: Least Absolute Deviation Based Unit Root Tests in Smooth Transition Type of Models. (worldcat.org)
  • In recent years nonlinearities have gained increasing importance in economic and econometric research, particularly after the financial crisis and the economic downturn after 2007. (worldcat.org)
  • economies
  • A global economic model built primarily on a database of national economies (GTAP V8 Database). (oecd.org)
  • Proposed as an alternative to contemporary capitalist market economies and also an alternative to centrally planned socialism or coordinatorism, it is described as "an anarchistic economic vision", and it could be considered a form of socialism as under parecon, the means of production are owned by the workers. (abovetopsecret.com)
  • governments
  • A common thread among East Asian policymaking, the report states, has been the ``pragmatic flexibility with which governments tried policy instruments in pursuit of economic objectives. (csmonitor.com)
  • decision
  • It uses participatory decision making as an economic mechanism to guide the production, consumption and allocation of resources in a given society. (abovetopsecret.com)
  • This article discusses the use of Integrated Assessment Models for supporting the decision-making process in environmental issues. (environmental-expert.com)
  • Development
  • The model produces multiple development regimes associated with dfferent predictions about life expectancy evolution, educational investment dynamics, and technology adoption policies. (repec.org)
  • Human Capital Formation, Life Expectancy, and the Process of Development ," American Economic Review , American Economic Association, pages 1653-1672. (repec.org)
  • Incoming Michigan governor Rick Synder spoke in Kalamazoo, MI today and says he wants to use an 'open-source economic development model' to help repair the battered down state. (slashdot.org)
  • The Department of Agricultural, Environmental, and Development Economics in the College of Food, Agricultural and Environmental Sciences at The Ohio State University welcomes applications for an assistant/associate professor position in the area of global economic modeling and integrated assessment. (osu.edu)
  • describes
  • The baseline projection as used for the Environmental Outlook to 2050 describes an internally consistent set of trends of all economic and environmental variables of the model. (oecd.org)
  • This paper describes a computer model constructed to simulate and examine the economic performance of a plant manufacturing four different styles of a composite product. (sae.org)
  • social
  • A Social Exchange Approach to Voluntary Cooperation ," American Economic Review , American Economic Association, vol. 80(5), pages 1157-1167, December. (repec.org)
  • What determines governance across nations: Do economic and social globalization play a role? (repec.org)
  • global
  • This note presents a structural vector autoregressive (SVAR) model of the global oil market. (bankofcanada.ca)
  • The results will expand Canada's role in global bioproducts markets, creating lasting knowledge-based economic opportunities for Canada's forest sector and rural communities. (genomecanada.ca)
  • Researchers
  • Researchers should be aware of applying linear model-types spuriously to problems which include non-linear features. (worldcat.org)
  • systems
  • Special modeling languages have been written to aid the engineer in building and operating the model, allowing complex systems to be simulated with relative ease. (sae.org)
  • Institutions
  • Within the World Bank and other multilateral institutions, Japan has tried to quietly win converts to its economic ways and to tilt lending to developing nations in favor of government-led industrial policies. (csmonitor.com)
  • human
  • Embedding a repeated probabilistic voting setup in a standard OLG model with human capital accumulation, we find that the empowerment of elderly constituencies is key in order to enforce productive policies. (repec.org)
  • production
  • Model outputs include net cost of production, economic profit, machine loading, machine utilization, inventory levels and outages, inventory carrying cost and profit margins. (sae.org)
  • pages
  • On the Voluntary and Involuntary Provision of Public Goods ," American Economic Review , American Economic Association, vol. 76(4), pages 789-793, September. (repec.org)
  • Special Interests and Technological Change ," Review of Economic Studies , Oxford University Press, pages 43-56. (repec.org)
  • Mortality Decline in the Low-Income World: Causes and Consequences ," American Economic Review , American Economic Association, pages 337-342. (repec.org)
  • particular
  • Example I concerns the structure of linear models of balanced accounts, in particular the input-output model. (dtic.mil)
  • In terms of health-economic burden, hip fractures in particular result in huge expenditures for hospitalization, rehabilitation, and long-term nursing care. (innovations-report.de)