Evaluating Economic Analysis Alternatives in the Transportation Decision Making Process

2007 ◽  
Author(s):  
Grant G. Schultz ◽  
Andrew L. Stewart
Keyword(s):  
Decision Making ◽  
Economic Analysis ◽  
Decision Making Process

Decision-making support model for reusable construction materials in multiple project management

2009 ◽  
Vol 36 (2) ◽  
pp. 304-319 ◽  
Author(s):  
Juyeoun Han ◽  
Kyungrai Kim ◽  
Sangyoon Chin ◽  
Dongwoo Shin
Keyword(s):  
Decision Making ◽  
Project Management ◽  
Economic Analysis ◽  
Construction Materials ◽  
Decision Making Process ◽  
Head Office ◽  
Construction Company ◽  
Construction Companies ◽  
Procurement System ◽  
Multiple Project Management

Although reusable materials in a construction project need to be specifically managed by the head office of the construction company for proper retrieval and reuse, they are not efficiently managed. In many cases, construction companies treat reusable materials no differently from non-reusable materials. To manage reusable materials for effective and efficient procurement, the current procurement system needs to be improved based on the records of usage from multiple projects monitored and managed by the head office of the construction company. The objective of this paper is to discern and analyze the problems of the procurement process of reusable materials for current multiple projects by following case studies of three construction companies against this background. Based on the analysis, this paper emphasizes the need to implement systems for reusable materials procurement requests, outgoing materials quantity forecasts, and economic analysis for vehicle distribution, as well as the need to expand applicable uses of a resource pool. A model is also proposed to support the decision-making process in the procurement of reusable materials.

scholarly journals THE TRANSFORMATION OF ECONOMIC ANALYSIS AT THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DURING THE 1960S

2020 ◽  
Author(s):  
Juan Acosta ◽  
Beatrice Cherrier
Keyword(s):  
Decision Making ◽  
Economic Analysis ◽  
Federal Reserve ◽  
Large Scale ◽  
Model Building ◽  
Decision Making Process ◽  
Federal Reserve System ◽  
Board Of Governors ◽  
The 1960S ◽  
Reserve System

In this paper, we build on data on officials of the Federal Reserve System, oral history repositories, and hitherto under-researched archival sources to unpack the tortuous path toward crafting an institutional and intellectual space for postwar economic analysis within the Board of Governors. We show that growing attention to new macroeconomic research was a reaction to both mounting external criticisms against the Fed’s decision-making process, and to the spread of new macroeconomic theories and econometric techniques. We argue that the rise of the number of PhD economists working at the Fed is a symptom rather than a cause of this transformation. Key to our story are a handful of economists from the Board of Governors’ Division of Research and Statistics (DRS) who did not hold a PhD but envisioned their role as going beyond mere data accumulation and got involved in large-scale macroeconometric model building. We conclude that the divide between PhD and non-PhD economists may not be fully relevant to understand both the shift in the typeof economics practiced at the Fed and the uses of this knowledge in the decision making-process. Equally important was the rift between different styles of economicanalysis.

scholarly journals The transformation of economic analysis at the Federal Reserve during the 1960s

2018 ◽  
Author(s):  
Juan Acosta ◽  
Beatrice Cherrier
Keyword(s):  
Decision Making ◽  
Economic Analysis ◽  
Oral History ◽  
Federal Reserve ◽  
Large Scale ◽  
Model Building ◽  
Decision Making Process ◽  
Neoclassical Theory ◽  
Macroeconometric Model ◽  
The 1960S

In this paper, we build on data on Fed officials, oral history repositories and hitherto under-researched archival sources to unpack the torturous path toward crafting an institutional and intellectual space for postwar economic analysis within the Fed. We show that growing attention to new macroeconomic research was a reaction to both mounting external criticisms against the Fed’s decision-making process and a process internal to the discipline whereby institutionalism was displaced by neoclassical theory and econometrics. We argue that the rise of the number of PhD economists working at the Fed is a symptom rather than a cause of this transformation. Key to our story are a handful of economists from the Board of Governor’s Division of Research and Statistics (DRS) who paradoxically did not always held a PhD, but envisioned their role as going beyond mere data accumulation and got involved into large-scale macroeconometric model building. We conclude that the divide between PhD and non-PhD economists may not be fully relevant to understand both the shift in the type of economics practiced at the Fed and the uses of this knowledge in the decision making-process. Equally important was the rift between different styles of economic analysis.

scholarly journals THE TRANSFORMATION OF ECONOMIC ANALYSIS AT THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM DURING THE 1960S

2021 ◽  
pp. 1-27
Author(s):  
Juan Acosta ◽  
Beatrice Cherrier
Keyword(s):  
Decision Making ◽  
Economic Analysis ◽  
Federal Reserve ◽  
Large Scale ◽  
Model Building ◽  
Decision Making Process ◽  
Federal Reserve System ◽  
Board Of Governors ◽  
The 1960S ◽  
Reserve System

In this paper, we build on data on officials of the Federal Reserve System, oral history repositories, and hitherto underresearched archival sources to unpack the tortuous path toward crafting an institutional and intellectual space for postwar economic analysis within the Board of Governors of the Federal Reserve System. We show that growing attention to new macroeconomic research was a reaction to both mounting external criticisms against the Fed’s decision-making process and the spread of new macroeconomic theories and econometric techniques. We argue that the rise of the number of PhD economists working at the Fed is a symptom rather than a cause of this transformation. Key to our story are a handful of economists from the Board of Governors’ Division of Research and Statistics (DRS) who did not hold a PhD but envisioned their role as going beyond mere data accumulation and got involved in large-scale macroeconometric model building. We conclude that the divide between PhD and non-PhD economists may not be fully relevant to understand both the shift in the type of economics practiced at the Fed and the uses of this knowledge in the decision-making process. Equally important was the rift between different styles of economic analysis.

scholarly journals The Politics in the Canadian Judicial Decision Making Process: Economic Analysis of Tax Litigation

1994 ◽  
pp. 741
Author(s):  
Berry F. C. Hsu
Keyword(s):  
Decision Making ◽  
Economic Analysis ◽  
Economic Reform ◽  
Law And Economics ◽  
Decision Making Process ◽  
Supreme Court Of Canada ◽  
Judicial Decision ◽  
Judicial Decision Making ◽  
Starting Point ◽  
Economic Tools

The application of economic theories, rightly or wrongly, has a major impact on our lives. Economic reform inevitably leads to political reform. However, it remains unanswered whether economic reform leads to reform in the judicial decision making process. Although there are a number of studies on the economic analysis of taxation, that is, the study of economics and tax policies, there is virtually no literature on the economic analysis of tax cases. The time is ripe for a study of the connection between economic analysis and case law in taxation as Canada approaches the twenty-first century. This article investigates whether the federal courts in Canada have taken economic reality into consideration in making their decisions on tax matters. This is the first attempt to address the issue; although somewhat exploratory and speculative, it provides a starting point. This article first discusses tax scholarship in Canada. Then, the relevance of law and economics is discussed with special emphasis on the use of economic tools to analyse common law cases. From these discussions, the theories of economics are linked to tax cases. Finally, the author analyses trend of applying economic analysis in federal tax cases. This article should serve as a starting point for a future analysis of the cases determined by the Supreme Court of Canada.

AAC Decision-Making and Mobile Technology: Points to Ponder

2014 ◽  
Vol 23 (2) ◽  
pp. 104-111 ◽  
Author(s):  
Mary Ann Abbott ◽  
Debby McBride
Keyword(s):  
Decision Making ◽  
Mobile Technology ◽  
Communication System ◽  
Augmentative And Alternative Communication ◽  
Evaluation Process ◽  
Decision Making Process ◽  
Alternative Communication ◽  
Ipod Touch ◽  
Feature Match

The purpose of this article is to outline a decision-making process and highlight which portions of the augmentative and alternative communication (AAC) evaluation process deserve special attention when deciding which features are required for a communication system in order to provide optimal benefit for the user. The clinician then will be able to use a feature-match approach as part of the decision-making process to determine whether mobile technology or a dedicated device is the best choice for communication. The term mobile technology will be used to describe off-the-shelf, commercially available, tablet-style devices like an iPhone®, iPod Touch®, iPad®, and Android® or Windows® tablet.

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