scholarly journals The Monetary Policy Decision-Making Process and the Term Structure of Interest Rates

2008 ◽  
Author(s):  
Hans Dillén
Keyword(s):  
Decision Making ◽  
Monetary Policy ◽  
Interest Rates ◽  
Term Structure ◽  
Policy Decision ◽  
Decision Making Process ◽  
Policy Decision Making

scholarly journals Monetary policy decision-making when information search is costly

2016 ◽  
Vol 11 (1) ◽  
pp. 15-22 ◽  
Author(s):  
Alexander Jung ◽  
Francesco Paolo Mongelli
Keyword(s):  
Decision Making ◽  
Monetary Policy ◽  
Interest Rates ◽  
Information Search ◽  
Policy Decision ◽  
Policy Makers ◽  
Voting Rule ◽  
Monetary Policy Committee ◽  
Policy Decision Making ◽  
Policy Committee

This paper explores monetary policy decision-making within an insurance model with expected utility-maximizing policy-makers. The authors consider that policy-makers are different in terms of their backgrounds, experience and skills and they may disagree on the appropriate policy response. In a monetary policy committee, they share information and decide on interest rates by means of an agreed voting rule. The authors show that, in the presence of risk and search costs, it would be optimal for policy-makers to fully insure against the expected loss from a potential policy error. Whether a monetary policy committee sufficiently hedges against this risk will depend on several factors such as the skills of policy-makers, the distribution of members’ beliefs, and the committee’s (statutory) voting rule, but also on other factors not captured by the model

Implementation of Decision Tree for Maintenance Policy Decision Making - A Case Study in Semiconductor Industry

2012 ◽  
Vol 591-593 ◽  
pp. 704-707 ◽  
Author(s):  
Siew Hong Ding ◽  
Teing Tien Goh ◽  
Pei Sze Tan ◽  
Siew Ching Wee ◽  
Shahrul Kamaruddin
Keyword(s):  
Decision Making ◽  
Decision Tree ◽  
Failure Mechanism ◽  
Semiconductor Industry ◽  
Policy Decision ◽  
Decision Making Process ◽  
Maintenance Policy ◽  
Machine Performance ◽  
Policy Decision Making

Suitable maintenance policy implemented in particular machine able to improve the machine performance as well as the product quality. However, selecting a suitable maintenance policy is a vital and hard work because it has to be decided from analysis of various criteria including failure mechanism and resources limitation. Thus, decision tree is suggested in this paper to provide assistance for maintenance crew in conducting a systematic and efficient decision making process in determining the suitable maintenance policy. In the end of the paper, a case study in semiconductor industry is conducted to illustrate the practicability of developed decision tree.

scholarly journals Missing in Analysis: Women in Foreign Policy–Making

2019 ◽  
Vol 16 (1) ◽  
pp. 130-141
Author(s):  
Karen E Smith
Keyword(s):  
Decision Making ◽  
Foreign Policy ◽  
Decision Maker ◽  
Policy Making ◽  
Policy Decision ◽  
Black Box ◽  
Decision Making Process ◽  
Foreign Policy Analysis ◽  
Decision Making Processes ◽  
Policy Decision Making

Abstract Foreign policy analysis (FPA) opens the “black box” of the state and provides explanations of how and why foreign policy decisions are made, which puts individuals and groups (from committees to ministries) at the center of analysis. Yet the sex of the decision-maker and the gendered nature of the decision-making process have generally been left out of the picture. FPA has not addressed questions regarding the influence of women in foreign policy decision-making processes or the effects of gender norms on decision-making; indeed, FPA appears to be almost entirely gender-free. This article argues that “gendering” FPA is long overdue and that incorporating gender into FPA frameworks can provide a richer and more nuanced picture of foreign policy–making.

Sign in / Sign up

Export Citation Format

Share Document