Downloadable! In this paper, we present an economic model of moral motivation. Consumers prefer regarding themselves as socially responsible individuals. Voluntary contributions to public goods are motivated by this preference. The self-image as socially responsible is determined by a comparison of ones actual behavior against an endogenous moral ideal. Public policy influences voluntary contributions through its effects on relative prices and budget or time constraints, but also indirectly through the policys effect on the moral ideal. This implies that economic incentives may have adverse effects on contributions. We present survey data on recycling behavior and voluntary community work, which is consistent with the model predictions.
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Jinling 01b Economic Model Anesthesia Machine picture from Nanjing Puao Medical Equipment Co., Ltd. view photo of Anesthesia Machine, ICU Anesthesia Machine, Anesthesia Ventilator Machine.Contact China Suppliers for More Products and Price.
We develop an efficient homogeneous and self-dual interior-point method (IPM) for the linear programs arising in economic model predictive control (MPC) of constrained linear systems with linear objective functions. The algorithm is based on a Riccati iteration procedure, which is adapted to the linear system of equations solved in homogeneous and self-dual IPMs. Fast convergence is further achieved by means of a recent warm-start strategy for homogeneous and self-dual IPMs. We implement the algorithm in MATLAB and C. Its performance is tested using a conceptual power management case study. Closed loop simulations show that 1) the proposed algorithm is significantly faster than several state-of-the-art IPMs based on sparse linear algebra, and 2) warm-start reduces the average number of iterations by 35-40%.. ...
Dawid, H. (1999). Adaptive Learning by Genetic Algorithms, Analytical Results and Applications to Economic Models, 2nd extended and revised edition 2nd ed. Berlin, Heidelberg: Springer. doi:10.1007/978-3-642-18142- ...
By Robert W. Jolly; Abstract: An economic model of livestock production based on control theory is presented. This model can be used to examine both
The objective of this study was to predict long-term health and economic outcomes of orlistat in obese type 2 diabetic patients.. Therefore, we examined the impact of weight loss due to orlistat on different cardiovascular risk factors and extrapolated this impact to morbidity and mortality outcomes based on results of long-term trials in diabetic patients.. A 40% risk reduction obtained for every 10% relative reduction in HbA1c was observed in patients with type 1 diabetes (18) and extrapolated to type 2 diabetes by other authors (10,11,18,27). This risk reduction was confirmed for type 2 diabetes by a more recent publication of the UKPDS investigators (21).. A debatable aspect of our analysis is that for patients with hypercholesterolemia, we independently added the beneficial effects on HbA1c associated with weight loss caused by orlistat to the effects on LDL cholesterol. This may be an overestimation of the effects of orlistat. However, besides the evidence from Stratton et al. (21) and ...
A joint study from UCLA and the Veterans Affairs Greater Los Angeles Healthcare System found that the combination of a common nonsteroidal anti-inflammatory drug (NSAID) and an acid-lowering drug is both cost-effective and treatment-effective. The study team compared 3 therapies for treating arthritis: (1) an NSAID, such as ibuprofen or naproxen; (2) an NSAID with an acid-reducer (proton pump inhibitor; PPI), such as lansoprazole (Prevacid) or esomeprazole magnesium (Nexium); and (3) a cyclooxygenase-2 (COX-2) inhibitor, such as rofecoxib (Vioxx) or celecoxib (Celebrex). The results showed that, for high-risk patients, an OTC NSAID used with a PPI was the safest and most cost-effective treatment. 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. ...
Designed to develop students abilities to conduct empirical research in economics. Students explore various forms of economic data and interpret and test economic models by applying statistical methods developed in the course of the program to interpret the data and draw inferences about the economic model tested. Prerequisite: Open only to Honours Economics students who have earned at least 14.0 university credits, including ECON 2000H, 2010H, and 3200H. Excludes ECON 4040Y. ...
This book describes exactly how regression models are developed and evaluated. The data used in the book are the kind of data managers are faced with in the real world. The book provides instructions and screen shots for using Microsoft Excel to build business/economic regression models. Upon completion, the reader will be able to interpret the output of the regression models and evaluate the models for accuracy and shortcomings ...
Interdisciplinary approach that combines work from Economics and Computer Science Coordination and incentive problems prevalent to any kind of
This article provides an overview of the Bank of Canadas new economic model, the Quarterly Projection Model (QPM), which has been under development at the Bank since 1989. The model has two roles. It is used to make economic projections, which are conducted quarterly and form an important basis for discussions of monetary policy between staff and senior management. QPM is also a research tool: it was developed to analyse important changes to the economy or macroeconomic policies which require a deeper understanding of long-term economic forces. The model pays particular attention to factors shaping long-term equilibrium, such as stocks of wealth, capital, government debt and net foreign assets. Various sources of dynamics, including the adjustment of forward-looking expectations, operate to determine the transition path to equilibrium and the consistency of expectations. The article discusses the history of QPM and earlier economic models at the Bank, and provides a simple overview of how the ...
A combined analysis of faunal remains and macrolithic tools, reflecting meat and plant food consumption, was conducted on six multi-phase settlements in the Aisne valley (Picardy, France), dating to the late Linearbandkeramik (LBK). A new socio-economic model is proposed. A study of the house plans, phase and position in the settlements leads to distinctions between houses according to subsistence, with links made between the economic and symbolic importance of agricultural and hunting activities. Although all households were autonomous in their daily consumption, some surplus was produced. Long houses carried out more animal husbandry and cereal processing, while small houses are more linked to hunting and secondary animal exploitation. These differences between households can be interpreted in terms of sociology, identity and economy, which allows the examination of different facets of the same society, based on comparisons of the respective value of farming and hunting in LBK society.
Hi everyone, Ive done some studying for the CFA I, but I must admit Im still shaky on macroeconomics. Lately, Ive seen some forecasts about how long it will take for housing prices to recover, and also what the likeli…
Tom is a US Navy Veteran, owns an Insurance Agency and is currently an IT Manager for a Virginia Distributor. He has been published in American Thinker, currently writes for the Richmond Examiner as well as Virginia Right! Blog.. Tom lives in Hanover County, Va and is involved in politics at every level and is a Recovering Republican who has finally had enough of the War on Conservatives in progress with the Leadership of the GOP on a National Level.. ...
[The] economic model, which leaves bureaucrats guessing about the market effects of their directives, is ultimately untenable. A. Gary Shilling Sound...
I am interested in using health economic models to inform decisions related to gynecologic cancers. Specific models have addressed the decision to administer intraperitoneal chemotherapy for newly diagnosed advanced ovarian cancer following optimal cytoreduction, the choice of chemotherapy regimen for recurrent platinum-sensitive ovarian cancer, and the exploration of screening strategies for ovarian cancer.
I am interested in using health economic models to inform decisions related to gynecologic cancers. Specific models have addressed the decision to administer intraperitoneal chemotherapy for newly diagnosed advanced ovarian cancer following optimal cytoreduction, the choice of chemotherapy regimen for recurrent platinum-sensitive ovarian cancer, and the exploration of screening strategies for ovarian cancer.
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Washington, DC, February 1, 2017)-The National Pharmaceutical Council (NPC) commented on the Institute of Clinical and Economic Reviews (ICER) updated value assessment framework, which was released today.. We recognize that developing frameworks is challenging and appreciate that ICER has made significant changes, said NPC President Dan Leonard. We look forward to reviewing the updated framework in greater detail and understanding how these changes could work in practice.. NPC has remained engaged with ICER and offered constructive feedback to improve and evolve its framework. On initial review, ICER appears to have taken steps to improve the transparency and reproducibility of its economic models, formally included patient-centered factors into the framework, and considerably revised its approach to budget impact assessment by incorporating a range of potential product uptake rates and potential prices in its calculations. It also appears that ICER will no longer calculate a value-based ...
An alternative method for determining the best drug therapy for managing chronic disease could reduce treatment costs or give patients more immediate relief than other common approaches typically approved for use by managed care and health insurance companies, a study by researchers at UC Davis School of Medicine has concluded. Their study, N-of-1 Trials of Expensive Biological Therapies - A Third Way? appeared in the May 2008 issue of the Archives of Internal Medicine.. The investigators developed an economic model to evaluate the costs of three clinical strategies that typically doctors use to treat rheumatoid arthritis: stepped care, open access and an n-of-1 trial. They wanted to explore whether the n-of-1 trial represented a way to balance the interests of patients with those of payers when establishing policies regarding the use of expensive drugs.. N-of-1 trials are single-patient, randomized comparisons of an active drug against an alternative drug or placebo. Such trials are ...
The argument that competition is good for patient outcomes and as an economic paradigm in medical care reflects a misunderstanding of health economics and clinical guidelines. Despite what some politicians and others would have you believe, the health care industry is not a classic, free market/supply-demand economic model. Anyone who has studied Econ 101 should be able to understand this. As for patient outcomes, the basic paradigm being undercut is that more volumes means more repetitions and better skill sets. Thats why, as one example, the American Congress of Obstetricians and Gynecologists has guidelines for patient volume for maintaining OB units in hospitals. This model of repetition applies to any skill set, but in medicine, it can have life or death implications ...
Parameters are numbers that determine relationships among variables in the equations of IFs. You often set parameters to a single value across time and they therefore do not always vary as do real variables. Many parameters are policy handles. More generally, parameters can actually be thought of as a special type of variable, the value of which you set in order to determine the behavior of the model. See the IFs project document called Guide to Scenario Analysis for much more information on parameter types and especially on the important parameters of IFs, organized by the models of the IFs system. Multipliers: They have a normal value of 1, and to increase whatever they multiply (say agricultural yield) by 50 percent you increase the parameter to 1.5. To decrease it by 25 percent you would decrease the multiplier parameter to 0.75. You will almost always spread such changes out over time, keeping the multipliers value at 1 in the base year and gradually increasing or decreasing it over ...
Parameters are numbers that determine relationships among variables in the equations of IFs. You often set parameters to a single value across time and they therefore do not always vary as do real variables. Many parameters are policy handles. More generally, parameters can actually be thought of as a special type of variable, the value of which you set in order to determine the behavior of the model. See the IFs project document called Guide to Scenario Analysis for much more information on parameter types and especially on the important parameters of IFs, organized by the models of the IFs system. Multipliers: They have a normal value of 1, and to increase whatever they multiply (say agricultural yield) by 50 percent you increase the parameter to 1.5. To decrease it by 25 percent you would decrease the multiplier parameter to 0.75. You will almost always spread such changes out over time, keeping the multipliers value at 1 in the base year and gradually increasing or decreasing it over ...
Policies and strategies must be implemented to ensure consistency across the five societal challenges and to maximise synergies and minimise trade-offs over time. Since there are often different ways to set up and maintain inclusive and sustainable agri-food systems, we frequently rely on scenario analysis to assess alternative policy options.
The process of estimating the expected value of a portfolio after a given period of time, assuming specific changes in the values of the portfolios securities or key factors that would affect security values, such as changes in the interest rate. Scenario analysis commonly focuses on estimating what a portfolios value would decrease to if an unfavorable event, or the worst-case scenario, were realized.
This column analyses an economic model of a cryptocurrency system featuring user-generated transaction fees, focusing on Bitcoin as the leading example.
Bank credit , Capital controls , Capital inflows , Central and Eastern Europe , Economic growth , Economic models , Emerging markets , Fiscal policy , Monetary policy ...
Any economic model that doesnt properly address inequality will eventually face a crisis of legitimacy, as todays global protests are now demonstrating. Unless the relative economic roles of the market and the state are rebalanced, the protests of 2011 will become more severe, eventually harming long-term economic growth and welfare.
In a value-based economic model, payers strength will be to bring analytic and operational capability, technology, and customer relationships to the table.
Downloadable! Widespread use of antibiotics is considered the major driving force behind the development of antibiotic resistance. The benefits of exceeding the welfare-maximizing level of antibiotic use are below the costs of resistance created by this excess quantity of antibiotics used, thereby resulting in a welfare deadweight loss. This paper uses a simple economic model to examine the theoretical and empirical aspects of the welfare loss generated by resistance and analyzes its policy implications. The annual deadweight loss associated with outpatient prescriptions for amoxicillin in the United States is estimated at $225 million. Published in 2002 by John Wiley & Sons, Ltd.
This is a lovely little example of a standard economic model in action. Well, I think its a lovely little example and as Im the one doing the writing thats what well call it. Raghuram Rajan, the Governor of the Reserve Bank of India, was asked why dosa, a standard [...]
The paper explores relationship between farm-size and higher yields using data from Ukraines farms. Using panel data analysis for all the countrys farms with more than 200 hectares in 2001-2011, the paper suggests that higher yields and profits are driven by the exit of unproductive farms and entry of more efficient farms.. An economic model of Brazils ethanol-sugar markets and impacts of fuel policies ...
4. Confiscation of the property of all emigrants [those leaving the country] and rebels. New York Post: The Presidents new jobs-killer: ...President Obama explicitly targeted the industry for two massive tax hikes. First, hed ban oil and gas companies from using the Section 199 tax credit, a measure for domestic manufacturers enacted in 2004 to boost US employment... Second, he wants to end dual capacity protection for US energy firms... Without this shield against double taxation on foreign revenues, American companies would be competing on an uneven global playing field... Yet, by the federal governments own economic model, these tax hikes would lead to huge, immediate job losses ...
Access to capital markets , Credit , Developing countries , Economic models , Emerging markets , Labor markets , Monetary policy , Private sector ...
Today, the economic models of many countries are mostly built on the premise of take-make-consume-and-dispose patterns of growth. Business and industry have customarily followed such a linear model
The Spatio-Temporal Epidemiological Modeler (STEM) is an Eclipse based RCP for modeling the global spread of infectious disease. STEM started in the Eclipse Open Healthcare Framework and was later promoted as a top level Eclipse Technology project designed to allow global collaboration on the development of infectious disease models. It embodies a flexible graph based representational framework that allows models to be composed from different components provided by different researchers. It also includes extensive data sets that represent the entire political geography of the planet (244 countries) as well as sophisticated mathematical models for predicting disease propagation. STEM also integrates internal views for geographic visualization and as well as offering interfaces to Google Earth. Scenarios can be created using drag-and-drop editors and can include Models that incorporate different layers of abstraction, for instance it can layer economic models over top of disease models. Recent ...
The Coalition for Applied Modeling for Prevention (CAMP) is dedicated to improving public health decision-making through using statistical, epidemic simulation, and economic models to uncover new disease patterns and inform prevention policies in five areas: HIV, viral hepatitis, sexually transmitted infections, tuberculosis, and school/adolescent health.. ...
Since the questionable election of neoliberal enthusiast Felipe Calderón, the situation of the EZLN has taken a turn for the worse. Vincente Fox shared Calderóns basic economic perspective, Calderón narrowly prevailed in a very contentious race for the presidency against Lopez Obrador, in which the latter, as well as most of his supporters, were vehemently opposed to the continuation of neoliberal economic policies in Mexico. As Lopez Obrador announced, We are going to revamp the economic model, because neoliberalism isnt working. Calderóns suspect squeaker victory left him with a weak mandate and a polarized country. In response to this lack of overwhelming popular support and the gradual increase in resistance against the governments economic policies, especially prevalent in poor and indigenous regions, he has relied heavily upon the military-which has now begun to be somewhat subsidized by the U.S.-to maintain a mano dura or iron fist throughout the country. The manifestation ...
The nothing beats human ingenuity applies as much to the doctor who closely aligned with her conclusions and who didnt have to do his own research. What you are suggesting is that your mother doesnt have to rely upon doctors for a diagnosis of any current and future medical conditions as they arise. All she has to do is to carry out her own research into her symptoms, by-pass the doctor and go straight to the nearest pharmacy or hospital. And applying this principle universally, there is no need for doctors other than surgeons, although these could be replaced by internet-savvy butchers, abattoir workers and seamstresses who have access to Youtube, etc. In other words, in the context of an extension of the elderly patient analogy, access to collective expertise doesnt work in solving problems unless the ones accessing the information can comprehend and apply it. Which provision is comparable to any standard economic model that begins with a qualifying assuming consumers have perfect ...
Nick Paul Taylor. In this weeks EuroBiotech Report, a whos who of Big Pharma companies joined a European public-private consortium to develop and test new economic models of antibiotic R&D with the goal of making antibiotic R&D economically attractive again. And more.. FierceBiotech News. ...
To improve the accuracy of recruiting-resource allocation, RAND researchers Rebecca Kilburn and Jacob Klerman have updated the principal economic model of enlistment decisionmaking with data from 1992 and 1994.
As the United Nations and countries around the world look at cooperatives as an alternative economic model for the production of energy, rural energy cooperatives have thrived for over eight decades in the U.S., and citizens in some parts of the country are beginning to reclaim them through the democratic process.
Shifting towards a circular carbon economy in the face of rising global population and diminishing natural reserves represents one of the greatest challenges facing mankind. CO2 reduction reactions powered by renewable electricity offer a possible route to transform our incumbent linear consumption economic model b
The authors provide a detailed technical description of the Terms-of-Trade Economic Model (ToTEM), which replaced the Quarterly Projection Model (QPM) in December 2005 as the Banks principal projection and policy-analysis model for the Canadian economy. ...
A new economic model has been developed by researchers to predict the waves of forest degradation that emanate from African cities in search of nearby reso
The dynamics of a linear (or linearized) dynamic stochastic economic model can be expressed in terms of matrices (A,B,C,D) that define a state space system. An associated state space system (A,K,C,Sigma) determines a vector ...
PubMed comprises more than 30 million citations for biomedical literature from MEDLINE, life science journals, and online books. Citations may include links to full-text content from PubMed Central and publisher web sites.
A/Prof Tracy Comans is a NHMRC Boosting Dementia Research Leadership Fellow in the Centre for Health Services Research, University of Queensland and an adjunct Research Fellow in Metro North Hospital and Health Service. She has degrees in physiotherapy and economics (Hons) with a clinical background as a physiotherapist with special interests in aged care, dementia and rehabilitation.. Her work involves the application of economics in complex multidisciplinary health services contexts. This includes developing simulation models that can assess wider benefits and costs than those in traditional economic models. She also applies economic models to investigate the cost-effectiveness of health care interventions and leads and develops health services research focussing on older people, allied health and rehabilitation services. ...
The two disparate systems here identified as exemplifying framing incommensurability are growth and steady-state economic models. Three dimensions of the problem are identified: (1) choice of root metaphors to describe economic processes; (2) sociological characterizations of economics; and (3) designations of limits within each approach. In the case of steady-state economics, I hope to show that an economics of sustainability engages questions, particularly those addressing equity issues, which have traditionally been isolated to separate spheres of market economics and political liberalism. A listing of such problematic questions may help to characterize sustainability discussions. Is the formulation of a sustainable economic policy a technical issue? Should policy makers concentrate on fine tuning existing economic models to reflect more accurately the costs of resource depletion, say, by refining our measures of marginal social product; or should they redirect their attention to policies ...
I was hoping that our Senator Hatrack would provide a more informed explanation, as a practicing Classical Liberal, than I can do with the more superficial knowledge that I possess. As an admittedly oversimplified summary, I understand the Classical Liberal economic model to say that unregulated free markets will provide the best outcomes because self-interest will always prevail - eventually - so negative trends, such as social and environmental decline, will be naturally mitigated. This might be possible if the self-interest was enlightened, but my speculation is that it is seldom so. We might say that a weakness of the CL economic model is that it externalizes the fact that enlightened self-interest among the human animal is as rare as hen s teeth (notwithstanding a potentially lucrative market for chicken molars ...
The global financial crisis hasleft the Canadian economy with persistent excess capacity, Bankof Canada Governor Stephen Poloz said on Tuesday, adding thatgeopolitical risk and uncertainty make it harder to know ifpolicy is on track.
The agrarian and (neo) extractivism realities continue to weigh economically, socially and politically on the country, which is why peace should be built on the basis of reducing inequality. The greatest obstacle to the peace process is the institutionality that sustains that inequality. This institutionality has to do with elite economic groups that want to consolidate the peace process with the same mechanisms that caused the armed conflict, and with an agrarian mentality from when the rural population were the majority in Colombia. These mechanisms are expressed in the extractivist and mono-cropping neoliberal economic model moved by the law of the jungle, even though clothed in democracy, a model that has been called development or motors of the economy. The paradox is that an attempt is made to consolidate peace with the same measures that led to the armed conflict.. This development model is clear, seen as the economic model of the elites; but it is not so clear to us that the actors ...
Principal Investigator:HITOMI Kohtaro, Project Period (FY):2002 - 2004, Research Category:Grant-in-Aid for Scientific Research (C), Section:一般, Research Field:Economic statistics
Dec. 23 - Rob Cox talks to Nicholas Lemann, Dean of Columbias Journalism School, about his New Yorker profile of President Dilma Rousseff and her ambitions to further Brazils economic success.
Intellectual Disability (ID) is among the most important unmet challenges in healthcare due to its prevalence, lifelong nature and frequency of recurrence.. We anticipate that whole genome sequencing will diagnose ,50% of patients with ID, and substantially reduce the time to diagnosis if applied earlier in the diagnostic cascade, which will have a number of substantial benefits: improved care from receiving a precise diagnosis, the potential for treatment interventions, reduced costs from unproductive genetic testing, stronger family units through the identification of de novo mutations, providing increased reproductive confidence for family planning.. The adoption of genomic medicine in routine healthcare will require detailed economic analyses to understand and model these impacts.. Professor Deborah Schofield is an internationally renowned health economist who through her position at the Garvan Institute is developing health economic models to define the costs and benefits to our health ...
Incorporating aggregometric analyses using MEA into hemotherapy algorithms improved medical outcomes in cardiac surgery patients in the presented health economic model. There was an overall better economic outcome associated with POC testing compared with SLT testing despite the higher costs of test …
A complex systems approach to constructing better models for managing financial markets and the economy - SpringerJ. Doyne Farmer, M. Gallegati, C. Hommes, A. Kirman, P. Ormerod, S. Cincotti, A. Sanchez, D. Helbing We outline a vision for an ambitious program to understand the economy and financial markets as a complex evolving system of coupled networks of interacting agents. This is a completely different vision from that currently used in most economic models. This view implies new challenges and opportunities for policy and managing economic crises. The dynamics of such models inherently involve sudden and sometimes dramatic changes of state. Further, the tools and approaches we use emphasize the analysis of crises rather than of calm periods. In this they respond directly to the calls of Governors Bernanke and Trichet for new approaches to macroeconomic modelling. | FuturICT Journal Publications
This is the first study to assess the economic consequences of initial medication non-adherence and among the first to estimate the economic consequences of a medication non-adherence event in almost an entire population. Big data provide high representativeness, which increases the validity of the results.. Regarding limitations in the database registries, it was not possible to assess differences in hospital admissions and interventions between adherent and non-adherent patients. These costs have been shown to be higher in patients who display post-initiation medication non-adherence.6,7 Furthermore, it was not possible to evaluate the clinical impact of non-adherence and, as mentioned above, only the short-term impact of non-adherence to chronic medication could be evaluated. In the future, clinical indicators should be searched in the database for specific diseases and economic models constructed to evaluate the long-term consequences of initial medication non-adherence.. Another database ...
Febrile neutropenia is a common complication of therapy in children with cancer. Some patients are at low risk of complications, and research has considered reduction in therapy for these patients. A previous systematic review broadly considered whether outpatient treatment and oral antibiotics were safe in this context and concluded that this was likely to be the case. Since that review, there has been further research in this area. Therefore, we aim to provide a more robust answer to these questions and to additionally explore whether the exact timing of discharge, including entirely outpatient treatment, has an impact on outcomes. The search will cover MEDLINE, MEDLINE In-Process & Other Non-Indexed Citations, EMBASE, CDSR, CENTRAL, LILACS, HTA and DARE. A full search strategy is provided. Key conference proceedings and reference lists of included papers will be hand searched. Prominent authors/clinicians in the field will be contacted. We will include randomised and quasi-randomised controlled
Carlisle Goldfields Limited (Carlisle, TSX: CGJ , OTCQX: CGJCF) says that it has no material explanation to account for the recent drop in its share price. On September 9, Carlisle stock reached a yearly low of CAD$ 0.03/share only to rebound to CAD$ 0.04/share on Wednesday and holding on to that level today, September 11.. Carlisle completed a preliminary economic assessment (PEA) for the Farley Lake Project on April 15, showing intersections of 20.3g/t gold at over 6.0m of depth, which is higher than expected. The PEA covers two of the five deposits being explored by Carlisle and it suggests the project will be characterized by very favorable economics including a 34% internal rate of return and a very significant asset value of about CAD$ 250 million. Moreover, the mine itself has the potential to produce 145,000 ounces per year at an average grade of 2.2 grams, which makes it one of the highest grade open pit deposits in North America. Carlisle has even a conservative economic model for ...
There is a contradiction at the heart of antibiotic development. On the one hand, we urgently need new antibiotics to treat resistant infections. At the same time, the use of new antibiotics should be restricted, so as to minimise the risk of bacteria developing resistance to them. As a result of this situation, the potential return on investment is much lower than in most other medical fields. DRIVE-AB is developing concrete recommendations for new economic models that would provide industry with an incentive to invest in this area while reconciling this with the need to use new antibiotics wisely.
Calving difficulty (CD) is a key functional trait with significant influence on herd profitability and animal welfare. Breeding plays an important role in managing CD both at farm and industry level. An alternative to the economic value approach to determine the CD penalty is to complement the economic models with the analysis of farmer perceived on-farm impacts of CD. The aim of this study was to ...
The study by Fendrick and colleagues shows the strengths and limitations of economic analysis. The authors developed clear recommendations about the advantages of a noninvasive approach to managing patients suspected of having a peptic ulcer. Clinicians may have difficulty, however, translating their recommendations into clinical practice, particularly if they work outside the United States. First, the conclusions are very sensitive to the cost of endoscopy, which was assumed to be around $1200 U.S. In comparison, the schedule fee for upper gastrointestinal endoscopy in Australia is only $110 (Medicare Benefits Schedule Book, November 1994). Thus, an early endoscopy is a much more economically attractive strategy in Australia. Second, the economic model did not consider all of the outcomes that are relevant to patients. Factors such as anxiety caused by diagnostic uncertainty, satisfaction with care, and capacity to work were not included. These factors were examined in a randomized trial done ...
This assessment focuses on IFPRIs research program, Strengthening Food Policy through Intrahousehold Analysis, within the Food Consumption and Nutrition Division (FCND). The program was initiated in 1992, formally began in 1994, and was completed in 2003. Research undertaken in the program was complex, involving work in several countries and taking on challenging new research issues of great potential policy relevance, within a rapidly changing environment. The objectives of the program were to document intrahousehold resource allocation patterns; develop economic models and data collection methods necessary to investigate determinants of intrahousehold resource allocations; establish the relevance of these patterns and models for food policy; evaluate the benefits relative to additional costs of data collection at the intrahousehold level, develop guidelines for a priori expectations on intrahousehold issues, and manage outreach through training materials and publications geared to the range ...
Robert David Steele is the conceptualizer of integrated election reform (#UNRIG) and the integration of holistic analytics, true cost economics, and Open Source Everything Engineering (OSEE) such that we can achieve a prosperous world at peace at 10-20% the cost of the failed Western economic model burdened by banks and lawyers.. He is the pro bono Chief Enabling Officer (CeO) of Earth Intelligence Network, a 501c3 devoted to teaching holistic analytics (HA), true cost economics (TCE), and open source everything engineering (OSEE) and now also CeO of Open Source Everything (OSE Inc.), a for-profit that seeks to help all countries - America first if Donald Trump will listen - create a prosperous world at peace, a world that works for 100% of humanity, at 10% of the cost of the failed Western economy.. The first step is the creation of an international Open Source Agency for local to global information-sharing and sense-making as well as OSEE innovation.. ...
Moreover, the criticism addressed here to mainstream economics is not predominantly political, but rather methodological. The mainstream use of economic models To put the criticism succinctly, the extent to which agents are assumed to accept the kind of model economy in which they are made to interact is also the extent to which we, as users of the model-whether as fellow economists or as external readers-are asked to accept that kind of economy. The difference is, of course, that whereas the agents inside the model are assumed to take the structure of the economy (along with its implicit values) as unquestioned data, we as agents outside the model are assumed by the modeler to take that same structure of the economy as a reflexively accepted normative ideal-if we did not, we could hardly be expected by the modeler to accept the premises of his work and hence whatever conclusion he deductively derives from them. The difference is, of course, that whereas the agents inside the model are ...
Examples of simple economic theory models are analyzed as restrictions on the Cointegrated VAR (CVAR). This establishes a correspondence between basic economic concepts and the econometric concepts of the CVAR: The economic relations correspond to cointegrating vectors and exogeneity in the economic model is related to econometric concepts of exogeneity. The economic equilibrium corresponds to the so-called long-run value (Johansen 2005), the long-run impact matrix, C; captures the comparative statics and the exogenous variables are the common trends. The adjustment parameters of the CVAR are related to expectations formation, market clearing, nominal rigidities, etc. Finally, the general-partial equilibrium distinction is analyzed. ...
Robert Shiller has suggested that markets sometimes change behaviour for reasons that are nothing to do with economics and everything to do with changes in the way people perceive the world. In Low Interest Rates and High Asset Prices: An Interpretation in Terms of Changing Popular Economic Models he suggests that the increases in asset prices seen across parts of the world since the 1980s are directly related to the lowering of nominal interest rates - as interest rates have dropped money has poured into various assets - stocks, property, etc. Yet this, he argues, is based on a fallacy - the failure to comprehend that nominal interest rates are really irrelevant - what matters is the real interest rate, adjusted for inflation ...
The Circular Economy (CE) has been identified as a sustainable alternative to the current linear economic model. Thus far, research on the circular economy has focused on methods for better conserving the value in material flows. As the CE is currently being adopted as a sustainable development strategy in, e.g., China and the EU, identifying and comparing the drivers of and barriers to CE implementation would be beneficial for the acceleration of the development path. To contribute toward this research area, we built on institutional theory via a multiple case study covering China, the US, and Europe. We analyzed each region as an institutional environment and considered manufacturer and integrator types of value chain actors due to their central role in CE implementation. As our key findings, we identified that the general drivers of the CE from each institutional environment support recycling as the primary CE action, while support for other CE types appears to be lacking. Regulatory measures ...
begin my translationNo Future for Chinas Resource Wasteful EconomyCho Young-haeng2005.07.04 13:06 41The current structure of Chinese economy, which requires consuming worlds resources at an astonishing speed, will keep Chinese economy from sustaining its growth, reported Hong Kongs South China Morning Post(SCMP) on July 4. The paper pointed out that, despite impressive economic growth of China, its economic model is resource-intensive, wasteful of energy, and destructive to its environment.The recent rate of Chinese consumption of raw materials is startling. China now has 30 million automobiles, and its oil import is the second in the world. This year, its oil consumption rate ...
As an international leader in quality of life services, Sodexo is committed to deepening its understanding of how the issue is embraced in organizations today and will host a global conference dedicated to the subject in May 2015 in New York. The Quality of Life Conference will bring together an unparalleled array of eminent thinkers and practitioners from all professional walks of life and from around the world. It will be structured around six key aspects of quality of life - space management, local communities, personal recognition, nutrition, technology and gender balance - and will examine issues including how organizations can adapt to improve quality of life, the emergence of the quality of life economic model and how to ensure the next generation is invested in the process of change. Learn more. ...
Mendrisio, March 2021 - To Riri, being Responsible today for a sustainable future means looking ahead, toward a real effort in bringing sustainability in operational decisions, even if they mean more management issues and lead to changes out of the comfort zone which is the result of years of experiences and processes. Riri Group thus becomes the first manufacturing company in the fashion accessories industry to introduce the use of recycled polyester as production standard for its zip range.. This achievement marks another essential one in the sustainability path that the Swiss-Italian group has walked since the 90s. This change fits perfectly the groups green approach which sees innovation for the future as one of the main pillars of the corporate strategy, as well as the commitment to protecting natural resources and to improving the traceability and transparency of both materials and processes, in a framework that sees to rethink social and economic models.. Riris tagline excellence in ...
Center for Social Complexity Suite, 3rd Floor Research Hall. All are welcome to attend.. Abstract:. In a variety of computational models, structures arise, evolve, then disappear, perhaps replaced by other, comparable structures. For example, in some economic models firms form from the interactions of agents, operate for some period of time, and then exit. In housing models, households hold mortgages for finite periods of time before replacing them either due to refinancing or moving to a new house. In political (marketing) models the interests of parties (businesses) are aligned with certain segments of voters (consumers) for a period of time, until competition leads to realignment (brand switching). In environmental policy models specific polluting technologies have finite lifetimes and are eventually replaced by cleaner technologies. In disease models people are infected for varying lengths of time based on their health status, policies, etc. Traffic jams and conflicts have finite ...
As the increasing prevalence of obesity in the world, how to prevent increasing body weight has became important policy issue. This paper addresses this issue using the behavioral economic models to empirically test food consumption behaviors and self-control problem. In contrast to replying on experimental evidence of the behavioral economic studies, age cohort data are constructed for households in Taiwan and food away from home and several categories of food consumption at home are recognized. Results show that self-control problem are evident for food away from home, and the effects are more pronounced for younger age cohorts. In contrast, staple and secondary food consumption at home are more stable across life-time periods and no self-control problem is evident. Chang, Hung-Hao; Just, David R.; Chang, Ta-Chuan
As President Obama entered the White House a year ago, the U.S. was still the worlds only superpower and despite its debts and the recession it remained a rich and dominant country. Its share of global income remains about where it has been for decades: 22%. But Americas standing in the world was greatly diminished because of its past and especially more recent policies. Also, other nations were rising, such as the BRICs (Brazil, Russia, India, China). And some previously subordinate countries were disinclined to continue playing follow the leader after Washingtons neoliberal economic model caused them grave hardship and its extreme laissez faire form of capitalism sparked the present recession. What principally props up the U.S. today is (1) its overall military power and hair-trigger willingness to use it; (2) the continuing political and organizational weakness of the European Union, a potentially powerful economic competitor and rival were it to leave Washingtons orbit; (3) and Chinas ...
AMHERST, Mass. - Herbert Gintis, an economist at the University of Massachusetts, is reshaping traditional models of economic behavior, using research drawn from neuroscience, biology, psychology, anthropology, and political science. Gintis says his goal is to improve and expand current models which are based primarily on rational choice and reward. He is looking for analytic tools to explain why, for example, when people form into groups, they begin with a tendency to cooperate, impulsively strike back if other group members cheat, yet still maintain the ability to forgive. Eventually people return to cooperating if the situation changes, Gintis says.. Answering those kinds of questions could provide economists with insights into current public policy debates over issues such as welfare reform, crime and punishment, and social problems such as addiction or high-risk behavior, Gintis says. Such questions are all but ignored by traditional economic models, he says.. Working with a nationwide ...
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Mexico City and the rest of the country do not escape from the social and economic inequalities of the present economic model applied worldwide. Agriculture is a traditional activity in Mexico. This urban productive process has particular features: the predominance of smallholding, the restricted use of physical space, and the use of recycled materials and organic wastes. The population engaged in agriculture is heterogeneous, and includes women and children. There are a couple of production systems: the suburban, which uses the
This report looks at the contribution of models to identify the characteristics of livestock systems which are likely to lead to the emergence of zoonoses hotspots, with emphasis on developing countries. It focuses on mathematical and economic models, and includes a short review of the current usage of models - and particularly network and agent-based methods - in studying zoonotic disease outbreaks. The report concludes that most models capture outbreaks over a relatively short time and largely ignore socioeconomic and climate change drivers. It suggests that a new modelling framework is needed, along with improved data collection and uncertainty analysis and communication.. {{LINK_LABEL_GO_TO_DOCUMENT}} ...
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Steve Moxon, 2014 [email protected] [Speculative paper intended and accepted for science conference presentation (unable to attend)]. ABSTRACT. An explanation of demographic transition [DT] as an adaptive mechanism is thought unlikely or untenable, but is strongly suggested by the finding that close proximity of non-familiar conspecifics causing crowding stress of males is epigenetically transmitted specifically to female offspring, triggering multi-generational fertility decline and aberrant reproduction-related behaviors. This has no apparent function other than plausibly population self-regulation (to which there is no theoretical objection given advances in modelling mutualism). Out-breeding depression would be a complementary additional biological root.. A biological aetiology (adaptive or otherwise) is not unlikely given causality testing in latest analyses of economic models suggests an as yet unidentified underlying driver. Similar is conceded regarding the kin influence ...
Several points:. (1) Moral philosophy: the more I learn and think about the subject, Im more and more of an emotivist and ethical non-cognitivist. Im fairly convinced that there is no such thing as an objective morality, and that moral statements are not propositions capable of being objectively true or false. Rather, I think theyre largely expressions of our basic emotional reactions to certain things.. This doesnt mean that all debate about moral propositions is entirely meaningless - because many of what we consider to be moral debates are, actually, empirical debates. Most people, for example, would agree with the moral statement that poverty is a bad thing and should be reduced. Leftists and rightists have very different ideas about which economic model works best to eliminate poverty, but that debate is primarily an empirical one, about which arguments can be made with reference to the empirical evidence. Likewise, I spend a great deal of time arguing for immigrants rights, and Ive ...
I was invited to a major political dinner in Washington with the former Chairman of Temple University since I advised the University with respect to its portfolio. We were seated at one of those round tables with ten people. Because we were invited from a university, they placed us with the heads of the various environmental groups. They assumed they were in friendly company and began speaking freely.. Dick Fox, my friend, began to lead them on to get the truth behind their movement.. Lo and behold, they too admitted it was not about the environment, but to reduce population growth.. Dick then asked them, Whose grandchild are we trying to prevent from being born? Yours or mine?. All of these movements seem to have a hidden agenda that the press helps to misrepresent all the time. One must wonder, at what point will the press realize they are destroying their own future?. Investors.com reminds Figueres that the only economic model in the last 150 years that has ever worked at all is ...
Import substitution is the cornerstone of Turkmenistans economic model, but in reality the government struggles to meet demand for basic staples
How can we be agreeing? I never wrote that. I wrote that the great obama doesnt solve a problem and creates new ones. Why do you keep blaming Bush for everything when I clearly pointed out it goes back further. The great Obama is telling Americans to look at the 90s as our economic model, but not to look too closely, lest they see that the 90s, perhaps even more than the 80s, were a decade of deregulation. The fact remains that on financial regulation, Bill Clinton as president was actually more of a deregulator than Bush was. And the great obama doesnt want to go to Clintons spending. Just like when the great obama was telling us to cut back while his wife was flying to Spain or Aspen to eat ice cream or when she tells you to eat carrots while she eats fries ...
Im starting to believe that the Church needs to do a better job on teaching the reasons temperance is the foundational virtue. Almost everything in popular culture and in the modern media is sending the opposite message. Which isnt surprising given that the economic model of the online world and much of the media is…
A business impact analysis is the process of identifying mission critical systems, determining the maximum outage each business function can endure, and assessing the short-term and long-range impact.
A business impact analysis (BIA) predicts the consequences of disruption of a business function and process and gathers information needed to develop recovery strategies. Potential loss scenarios should be identified during a risk assessment. Operations may also be interrupted by the failure of a supplier of goods or services or delayed deliveries. There are many possible scenarios which should be considered.
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