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on History and Philosophy of Economics |
| By: | Himanshu Sekhar , Rout; Narayan C handra, Nayak |
| Abstract: | Over the last three decades, treating health economics as an independent scientific discipline and providing specific treatment to the topics related to the economics of the health care sector have become more and more common. Currently, the field is so well established that it has appeared in the ordinary curriculum of most universities, and even if health economists are mainly to be found in the medical departments, the connections to economics proper are being strengthened, and the methodologies applied are getting refined. In this connection the paper highlights about the concept of health, why does health matter, relationship between health and Health Economics, and the justification of health economics. |
| Keywords: | Health and Health Economics |
| JEL: | A23 I1 |
| Date: | 2007 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:6546&r=hpe |
| By: | Mitreanu, Cristian |
| Abstract: | The article, "A Business-Relevant View of Human Nature," provides a new theory of human nature, and aims to bring it to the center of our understanding of business, or commerce, creating a strong foundation for new business and economic principles and practices. The article has three parts. In the first section, the author identifies and discusses the fundamental drives that characterize all forms of life. Building upon these findings, he then develops the unique view of human nature in the second section. Finally, in the last section, he highlights the new perspectives on business that can be generated with the help of the new theory of human nature. |
| JEL: | D0 M0 B0 M1 A1 B5 |
| Date: | 2007–11–19 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:6560&r=hpe |
| By: | Bruce Headey |
| Abstract: | Set-point theory has dominated the field of subjective well-being (SWB). It has served as a classic Kuhn research paradigm, being extended and refined for thirty years to take in new results. The central plank of the theory is that adult set-points do not change, except just temporarily in the face of major life events. There was always some 'discordant data', including evidence that some events are so tragic (e.g. the death of one's child) that people never recover back to their set-point. It was possible to dismiss these events as 'exceptions' and maintain the theory. However, several new findings are now emerging, which it is increasingly difficult to dismiss as 'exceptions' and which appear to require substantial revisions or replacement of set-point theory. Many of these findings are based on data from the German Socio-Economic Panel Survey (SOEP, 1984 - ) which provides clear evidence of large, long term changes in the set-points of substantial minorities of the population. This paper reviews recent findings and highlights lines of theory development which, at minimum, represent substantial revisions to set-point theory and which may perhaps lead to replacement of the paradigm. There is evidence to suggest that individuals with certain personality traits are more likely to record long term change in SWB than others. Also, SWB appears to depend partly on choice/prioritisation of some life goals rather than others. Pursuit of non-zero sum goals (family and altruistic goals) leads to higher SWB than pursuit of zero sum goals (career advancement and material gains). Both these new lines of theory appear promising and the second, in particular, cannot sensibly be reconciled with set-point theory. |
| Date: | 2007 |
| URL: | http://d.repec.org/n?u=RePEc:diw:diwwpp:dp753&r=hpe |
| By: | Rao, B. Bhaskara; Singh, Rup; Kumar, Saten |
| Abstract: | It is argued that whether or not there is a need for unit roots and cointegration based econometric methods is a methodological issue. An alternative is the econometrics of the London School of Economics (LSE) and Hendry approach based on the simpler classical methods of estimation. This is known as the general to specific method (GETS). Like all other methodological issues this is also difficult to resolve but we think that GETS is very useful. |
| Keywords: | GETS; Cointegration; Box-Jenkin’s Equations; Hendry; Granger |
| JEL: | C0 C1 |
| Date: | 2008–01–09 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:6627&r=hpe |
| By: | Rolf Ketzler (DIW Berlin); Klaus F. Zimmermann (DIW Berlin, IZA and University of Bonn) |
| Abstract: | The request for a strengthening of academic research at the German economic research institutes by the German Science Council more than a decade ago was founded on the crucial insight that sound policy advice - the traditional task of the institutes - can only be guaranteed in the long term if it is based on applied research carried out within the institutes themselves. Based on publications in academic journals, the central criterion of research evaluation, research output has improved remarkably in scope and quality and has involved an ever rising number of scholars within the institutes. It can be considered to be a substantial success of German reform policy, which should be internationally recognized. The present study demonstrates the implications of different methods of filtering and weighting research output to measure publication performance. The ranking of the institutes computed here on the basis of a wide range of alternative concepts provides fairly robust findings. The results are distorted, however, if they are based on a highly selective list of journals as was the case in previous literature. |
| Keywords: | economic research institutes, research evaluation, publication measurement |
| JEL: | A11 I L31 |
| Date: | 2007–12 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp3271&r=hpe |