Estimating the value of time: An additional misspecification error

1977 ◽  
Vol 6 (1) ◽  
pp. 85-89
Author(s):  
David W. Gillen
Keyword(s):  
Value Of Time ◽  
Misspecification Error

scholarly journals Improved dynamics of sharing research findings in the COVID-19 epidemic compared with the SARS and Ebola epidemics

2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Javad Khanali ◽  
Mohammad-Reza Malekpour ◽  
Ali-Asghar Kolahi
Keyword(s):  
Numerical Data ◽  
Public Health Emergency ◽  
Value Of Time ◽  
Time Period ◽  
Pubmed Database ◽  
Before And After ◽  
Major Outbreak ◽  
Research Findings ◽  
Emergent Pathogen ◽  
Planning Strategies

Abstract Background When a new or re-emergent pathogen, such as SARS-CoV-2, causes a major outbreak, rapid access to pertinent research findings is crucial for planning strategies and decision making. We researched whether the speed of sharing research results in the COVID-19 epidemic was higher than the SARS and Ebola epidemics. We also researched whether there is any difference in the most frequent topics investigated before and after the COVID-19, SARS, and Ebola epidemics started. Methods We used PubMed database search tools to determine the time-period it took for the number of articles to rise after the epidemics started and the most frequent topics assigned to the articles. Results The main results were, first, the rise in the number of articles occurred 6 weeks after the COVID-19 epidemic started whereas, this rise occurred 4 months after the SARS and 7 months after the Ebola epidemics started. Second, etiology, statistics & numerical data, and epidemiology were the three most frequent topics investigated in the COVID-19 epidemic. However, etiology, microbiology, and genetics in the SARS epidemic, and statistics & numerical data, epidemiology, and prevention & control in the Ebola epidemic were more frequently studied compared with other topics. Third, some topics were studied more frequently after the epidemics started. Conclusions The speed of sharing results in the COVID-19 epidemic was much higher than the SARS and Ebola epidemics, and that there is a difference in the most frequent articles’ topics investigated in these three epidemics. Due to the value of time in controlling epidemics spread, the study highlights the necessity of defining more solutions for rapidly providing pertinent research findings in fighting against the next public health emergency.

Ecovillage in the «economy of experience» system

2021 ◽  
pp. 2-6
Author(s):  
Alexandr N. Semin ◽  
Keyword(s):  
Raw Materials ◽  
Green Economy ◽  
Value Of Time ◽  
Experience Economy ◽  
New Directions

The article reveals the features of a promising (extraordinary) type of settlements - ecovillages. They are presented as one of the new directions in which not only the “green economy” can develop, but also the “experience economy”. At the same time, the “experience economy”, in turn, is considered as the fourth economic proposal for the client (consumer), along with raw materials, products, services. Specific examples of MVT impressions are given, i.e. value of time in monetary terms spent on impressions.

Time and Eternity in Origen’s Thinking as Work Paradigm of Thought for Contemporary Society

DIALOGO ◽  
2021 ◽  
Vol 7 (2) ◽  
pp. 280-289
Author(s):  
Ionuț Vlădescu
Keyword(s):  
Time Measurement ◽  
Value Of Time ◽  
Contemporary Society ◽  
Know How ◽  
Main Work ◽  
History Of ◽  
Complex Matter ◽  
Difficult Subject ◽  
Over Time

"Time has always been one of the top priorities and permanent concerns of humanity. It is a controversial and difficult subject to the frame by the philosophers of Antiquity and by the scientists of our day. The problem of defining time has raised questions about the essence, origin, content, meaning and value of time. Studies of Time represent a complex and ever-actual subject. Over time, different attempts to define time have been made, all referring only to a certain kind of time and not to time itself. In this regard, Solomon Marcus said the following: “As easily as we intuit it, as difficult as we conceptualize it, no one has been able to define it”[1], showing the difficulty of trying to define this strange impenetrable category. Thus, people know how to quantify the time elapsed between two events, but they do not know how to define it or explain time as a “moment.”[2] To live time is natural and easy, but when it is meant to be questioned and discussed, it turns into a misleading, imprecise, even more complex matter. “Even the modern attempts of time measurement, which today seems to us to be a common fact, has a history of the most complicated and contradictory thinking “[3]. The questions: what is time? and does Eternity exist? remain the main work paradigm of thought for Contemporary Society."

scholarly journals Taxes and Employment Subsidies in Optimal Redistribution Programs

2009 ◽  
Vol 99 (1) ◽  
pp. 216-242 ◽  
Author(s):  
Paul Beaudry ◽  
Charles Blackorby ◽  
Dezsö Szalay
Keyword(s):  
Value Of Time ◽  
Optimal Program ◽  
Market Income ◽  
Employment Subsidies

This paper explores how to optimally set taxes and transfers when taxation authorities are uninformed about individuals' value of time in both market and nonmarket activities; and can observe both market-income and time allocated to market employment. We show that optimal redistribution in this environment involves a cutoff wage whereby workers above the cutoff are taxed as they increase their income, while workers earning a wage below the cutoff receive an income supplement as they increase their income. Finally, we show that the optimal program transfers zero income to individuals who choose not to work. (JEL D31, H21, H23, H24)

Mediators of Estimates of Brief Time Intervals in Elderly Domiciled Males

1986 ◽  
Vol 21 (3) ◽  
pp. 211-225 ◽  
Author(s):  
David Licht ◽  
John B. Morganti ◽  
Milton F. Nehrke ◽  
Gary Heiman
Keyword(s):  
Production Method ◽  
Passage Time ◽  
Future Research ◽  
Value Of Time ◽  
Activity Levels ◽  
Time Intervals ◽  
Time To Death ◽  
Institutional Settings ◽  
Time Estimates

Conflicting interpretations questioning whether brief intervals of real time are perceived as passing more or less rapidly with increasing age have been reported. Reasons for these inconsistent results lie in semantic confusions, in variations in methodology, and in the effects of other mediating variables. The present study examined relationships between age, value of time over both the short and the long term, perceived time to death, self-perceived activity levels, and estimates of brief time intervals in a sample of older institutionalized males. The production method was used to obtain the estimates of time passage. Time intervals were increasingly underestimated with advancing age, indicating that time units are shorter with increasing age. While a number of other variables were interrelated, the only other factor consistently related to time estimates was the short-term value of time. Implications for future research and for interventions in institutional settings are discussed.

Including the Value of Time in Design-for-Manufacturing Decision Making

1993 ◽  
Vol 39 (4) ◽  
pp. 429-447 ◽  
Author(s):  
Karl Ulrich ◽  
David Sartorius ◽  
Scott Pearson ◽  
Mark Jakiela
Keyword(s):  
Decision Making ◽  
Design For Manufacturing ◽  
Value Of Time
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