Evidence Based Decisions And Economics

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Evidence-based Decisions and Economics

Author : Ian Shemilt,Miranda Mugford,Luke Vale,Kevin Marsh,Cam Donaldson
Publisher : John Wiley & Sons
Page : 216 pages
File Size : 42,7 Mb
Release : 2011-09-22
Category : Medical
ISBN : 9781444320404

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Evidence-based Decisions and Economics by Ian Shemilt,Miranda Mugford,Luke Vale,Kevin Marsh,Cam Donaldson Pdf

The need for evidence-based decisions that take account of botheffectiveness and economics is greater now than ever. Using casestudies and illustrative examples throughout the authors describehow the activities and outputs of evidence synthesis, systematicreview, economic analysis and decision-making interact within andacross different spheres of health and social policy and practice. Expanding on the first edition the book now covers approaches toevidence synthesis that combine economics and systematic reviewmethods in the applied fields of social welfare, education andcriminal justice, as well as health care. Written by economists andhealth services researchers closely involved in developingevidence-based policy and practice it showcases currentstate-of-the-art methodology and will be an invaluable read for allpolicy-makers and practitioners using evidence to inform decisions,analysts conducting research to support decisions and studentsdiscovering the need for evidence-based decisions to incorporateeconomic perspectives and evidence.

Evidence-Based Health Economics

Author : Miranda Mugford
Publisher : Unknown
Page : 176 pages
File Size : 52,8 Mb
Release : 2014-05-28
Category : Electronic
ISBN : 047071588X

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Evidence-Based Health Economics by Miranda Mugford Pdf

This text recognises the need for evidence-based principles in economic evaluation, and that they should be based themselves on health economics. It discusses systematic review in economic analysis and suggests how to perform analyses in an evidence-based way.

Evidence-Based Decision-Making

Author : Andrew D. Banasiewicz
Publisher : Routledge
Page : 270 pages
File Size : 53,5 Mb
Release : 2019-03-04
Category : Business & Economics
ISBN : 9781351050067

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Evidence-Based Decision-Making by Andrew D. Banasiewicz Pdf

Evidence-Based Decision-Making: How to Leverage Available Data and Avoid Cognitive Biases examines how a wide range of factual evidence, primarily derived from a variety of data available to organizations, can be used to improve the quality of business decision-making, by helping decision makers circumvent the various cognitive biases that adversely impact how we all think. The book is built on the following premise: During the past decade, the new ‘data world’ emerged, in which the rush to develop competencies around business analytics and data science can be characterized as nothing less than the new commercial arms race. The ever-expanding volume and variety of data are well known, as are the great advances in data processing/analytics, data visualization, and related information production-focused capabilities. Yet, comparatively little effort has been devoted to how the informational products of business analytics and data science are ‘consumed’ or used in the organizational decision-making processes, as the available evidence shows that only some of that information is used to drive some business decisions some of the time. Evidence-Based Decision-Making details an explicit process describing how the universe of available and applicable evidence, which includes organizational and other data, industry benchmarks, scientific studies, and professional experience, can be assessed, amalgamated, and funneled into an objective driver of key business decisions. Introducing key concepts in relation to data and evidence, and the history of evidence-based management, this new and extremely topical book will be essential reading for researchers and students of data analytics as well as those working in the private and public sectors, and in the voluntary sector.

The Paradox of Choice

Author : Barry Schwartz
Publisher : Harper Collins
Page : 308 pages
File Size : 42,5 Mb
Release : 2009-10-13
Category : Psychology
ISBN : 9780061748998

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The Paradox of Choice by Barry Schwartz Pdf

Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.

Patient Care Under Uncertainty

Author : Charles F. Manski
Publisher : Princeton University Press
Page : 184 pages
File Size : 53,7 Mb
Release : 2019-09-10
Category : Business & Economics
ISBN : 9780691194738

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Patient Care Under Uncertainty by Charles F. Manski Pdf

For the past few years, the author, a renowned economist, has been applying the statistical tools of economics to decision making under uncertainty in the context of patient health status and response to treatment. He shows how statistical imprecision and identification problems affect empirical research in the patient-care sphere.

Decision Modelling for Health Economic Evaluation

Author : Andrew Briggs,Mark Sculpher,Karl Claxton
Publisher : OUP Oxford
Page : 256 pages
File Size : 40,9 Mb
Release : 2006-08-17
Category : Medical
ISBN : 9780191004957

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Decision Modelling for Health Economic Evaluation by Andrew Briggs,Mark Sculpher,Karl Claxton Pdf

In financially constrained health systems across the world, increasing emphasis is being placed on the ability to demonstrate that health care interventions are not only effective, but also cost-effective. This book deals with decision modelling techniques that can be used to estimate the value for money of various interventions including medical devices, surgical procedures, diagnostic technologies, and pharmaceuticals. Particular emphasis is placed on the importance of the appropriate representation of uncertainty in the evaluative process and the implication this uncertainty has for decision making and the need for future research. This highly practical guide takes the reader through the key principles and approaches of modelling techniques. It begins with the basics of constructing different forms of the model, the population of the model with input parameter estimates, analysis of the results, and progression to the holistic view of models as a valuable tool for informing future research exercises. Case studies and exercises are supported with online templates and solutions. This book will help analysts understand the contribution of decision-analytic modelling to the evaluation of health care programmes. ABOUT THE SERIES: Economic evaluation of health interventions is a growing specialist field, and this series of practical handbooks will tackle, in-depth, topics superficially addressed in more general health economics books. Each volume will include illustrative material, case histories and worked examples to encourage the reader to apply the methods discussed, with supporting material provided online. This series is aimed at health economists in academia, the pharmaceutical industry and the health sector, those on advanced health economics courses, and health researchers in associated fields.

Decision Economics: Complexity of Decisions and Decisions for Complexity

Author : Edgardo Bucciarelli,Shu-Heng Chen,Juan Manuel Corchado
Publisher : Springer Nature
Page : 334 pages
File Size : 49,5 Mb
Release : 2020-02-07
Category : Technology & Engineering
ISBN : 9783030382278

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Decision Economics: Complexity of Decisions and Decisions for Complexity by Edgardo Bucciarelli,Shu-Heng Chen,Juan Manuel Corchado Pdf

This book is based on the International Conference on Decision Economics (DECON 2019). Highlighting the fact that important decision-making takes place in a range of critical subject areas and research fields, including economics, finance, information systems, psychology, small and international business, management, operations, and production, the book focuses on analytics as an emerging synthesis of sophisticated methodology and large data systems used to guide economic decision-making in an increasingly complex business environment. DECON 2019 was organised by the University of Chieti-Pescara (Italy), the National Chengchi University of Taipei (Taiwan), and the University of Salamanca (Spain), and was held at the Escuela politécnica Superior de Ávila, Spain, from 26th to 28th June, 2019. Sponsored by IEEE Systems Man and Cybernetics Society, Spain Section Chapter, and IEEE Spain Section (Technical Co-Sponsor), IBM, Indra, Viewnext, Global Exchange, AEPIA-and-APPIA, with the funding supporting of the Junta de Castilla y León, Spain (ID: SA267P18-Project co-financed with FEDER funds)

Understanding Health Economics

Author : Paul (Lecturer in Health Econom McCrone,Paul R. McCrone
Publisher : Open University Press
Page : 144 pages
File Size : 42,6 Mb
Release : 1998
Category : Business & Economics
ISBN : 0335205925

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Understanding Health Economics by Paul (Lecturer in Health Econom McCrone,Paul R. McCrone Pdf

Written specifically to help non-economists involved in managerial decision-making in the NHS, this book guides health care providers towards a better understanding of health economics. Detailing the ways health economics can aid managers in making more informed decisions, particularly in a time of budget constraints and rationing, the book also includes a number of case studies and worked examples. The author's clear interpretation of a complex topic will help health service managers understand the importance of economics in both service planning and appraisal. Among the topics covered in detail are: the cost of illness and cost measurement; outcome measurement; design of economic evaluations; Quality Adjusted Life Years; evidence-based medicine, prioritization and rationing and; assessing and using economic evaluations.

Decision Economics. Designs, Models, and Techniques for Boundedly Rational Decisions

Author : Edgardo Bucciarelli,Shu-Heng Chen,Juan Manuel Corchado
Publisher : Springer
Page : 179 pages
File Size : 51,6 Mb
Release : 2018-12-28
Category : Technology & Engineering
ISBN : 9783319996981

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Decision Economics. Designs, Models, and Techniques for Boundedly Rational Decisions by Edgardo Bucciarelli,Shu-Heng Chen,Juan Manuel Corchado Pdf

The special session on Decision Economics (DECON) is a scientific forum held annually, which is focused on sharing ideas, projects, research results, models, and experiences associated with the complexity of behavioural decision processes and socio‐economic phenomena. In 2018, DECON was held at Campus Tecnológico de la Fábrica de Armas, University of Castilla-La Mancha, Toledo, Spain, as part of the 15th International Conference on Distributed Computing and Artificial Intelligence. For the third consecutive year, this book have drawn inspiration from Herbert A. Simon’s interdisciplinary legacy and, in particular, is devoted to designs, models, and techniques for boundedly rational decisions, involving several fields of study and expertise. It is worth noting that the recognition of relevant decision‐making takes place in a range of critical subject areas and research fields, including economics, finance, information systems, small and international business management, operations, and production. Therefore, decision‐making issues are of fundamental importance in all branches of economics addressed with different methodological approaches. As a matter of fact, the study of decision‐making has become the focus of intense research efforts, both theoretical and applied, forming a veritable bridge between theory and practice as well as science and business organisations, whose pillars are based on insightful cutting‐edge experimental, behavioural, and computational approaches on the one hand, and celebrating the value of science as well as the close relationship between economics and complexity on the other. In this respect, the international scientific community acknowledges Herbert A. Simon’s research endeavours to understand the processes involved in economic decision‐making and their implications for the advancement of economic professions. Within the field of decision‐making, indeed, Simon has become a mainstay of bounded rationality and satisficing. His rejection of the standard (unrealistic) decision‐making models adopted by neoclassical economists inspired social scientists worldwide with the purpose to develop research programmes aimed at studying decision‐making empirically, experimentally, and computationally. The main achievements concern decision‐making for individuals, firms, markets, governments, institutions, and, last but not least, science and research. This book of selected papers tackles these issues that Simon broached in a professional career spanning more than sixty years. The Editors of this book dedicated it to Herb.

Decision Making in a World of Comparative Effectiveness Research

Author : Howard G. Birnbaum,Paul E. Greenberg
Publisher : Springer
Page : 289 pages
File Size : 41,7 Mb
Release : 2017-05-05
Category : Medical
ISBN : 9789811032622

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Decision Making in a World of Comparative Effectiveness Research by Howard G. Birnbaum,Paul E. Greenberg Pdf

In the past decade there has been a worldwide evolution in evidence-based medicine that focuses on real-world Comparative Effectiveness Research (CER) to compare the effects of one medical treatment versus another in real world settings. While most of this burgeoning literature has focused on research findings, data and methods, Howard Birnbaum and Paul Greenberg (both of Analysis Group) have edited a book that provides a practical guide to decision making using the results of analysis and interpretation of CER. Decision Making in a World of Comparative Effectiveness contains chapters by senior industry executives, key opinion leaders, accomplished researchers, and leading attorneys involved in resolving disputes in the life sciences industry. The book is aimed at 'users' and 'decision makers' involved in the life sciences industry rather than those doing the actual research. This book appeals to those who commission CER within the life sciences industry (pharmaceutical, biologic, and device manufacturers), government (both public and private payers), as well as decision makers of all levels, both in the US and globally.

Data-Driven Decision Making in Fragile Contexts

Author : Alexander Hamilton,Craig Hammer
Publisher : World Bank Publications
Page : 224 pages
File Size : 43,5 Mb
Release : 2017-06-12
Category : Business & Economics
ISBN : 9781464810657

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Data-Driven Decision Making in Fragile Contexts by Alexander Hamilton,Craig Hammer Pdf

Data deficiencies contribute to state fragility and exacerbate fragile states’ already limited capacity to provide basic services, public security and rule of law. The lack of robust, good quality data can also have a disabling effect on government efforts to manage political conflict, and indeed can worsen conflict, since violent settings pose substantial challenges to knowledge generation, capture and application. In short, in fragile contexts the need for reliable evidence at all levels is perhaps greater than anywhere else. The development of sustainable and professional ‘data-literate’ stakeholders who are able to produce and increase the quality and accessibility of official statistics can contribute to improved development outcomes. Good quality and reliable statistics are also required to track the progress of development policies through the monitoring of performance indicators and targets and to ensure that public resources are achieving results. While data alone cannot have a transformative effect without the right contextual incentives it is an essential and necessary prerequisite for greater accountability and more efficient decision-making. This volume explores methods and insights for data collection and use in fragile contexts, with a focus on Sudan. It begins by posing several questions on the political economy of data, and then sets out a framework for assessing the validity, reliability, and potential impact of data on decision-making in a fragile country. It also sets out insights on challenges associated with fragile states, derived from recent data collected in Sudan: the 2014/2015 DFID Sudan household survey. This includes data-driven analysis of topics including female genital mutilation, public service delivery, and the interplay of governance, service quality, and state legitimacy.

Health Economics from Theory to Practice

Author : Simon Eckermann
Publisher : Springer
Page : 328 pages
File Size : 48,9 Mb
Release : 2017-03-20
Category : Business & Economics
ISBN : 9783319506135

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Health Economics from Theory to Practice by Simon Eckermann Pdf

This book provides a robust set of health economic principles and methods to inform societal decisions in relation to research, reimbursement and regulation (pricing and monitoring of performance in practice). We provide a theoretical and practical framework that navigates to avoid common biases and suboptimal outcomes observed in recent and current practice of health economic analysis, as opposed to claiming to be comprehensive in covering all methods. Our aim is to facilitate efficient health system decision making processes in research, reimbursement and regulation, which promote constrained optimisation of community outcomes from a societal perspective given resource constraints, available technology and processes of technology assessment. Importantly, this includes identifying an efficient process to maximize the potential that arises from research and pricing in relation to existing technology under uncertainty, given current evidence and associated opportunity costs of investment. Principles and methods are identified and illustrated across health promotion, prevention and palliative care settings as well as treatment settings. Health policy implications are also highlighted.

Decision Economics: Minds, Machines, and their Society

Author : Edgardo Bucciarelli,Shu-Heng Chen,Juan M. Corchado,Javier Parra D.
Publisher : Springer
Page : 272 pages
File Size : 43,5 Mb
Release : 2021-08-17
Category : Technology & Engineering
ISBN : 3030755827

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Decision Economics: Minds, Machines, and their Society by Edgardo Bucciarelli,Shu-Heng Chen,Juan M. Corchado,Javier Parra D. Pdf

This book is the result of a multi-year research project led and sponsored by the University of Chieti-Pescara, National Chengchi University, University of Salamanca, and Osaka University. It is the fifth volume to emerge from that international project, held under the aegis of the United Nations Academic Impact in 2020. All the essays in this volume were (virtually) discussed at the University of L’Aquila―as the venue of the 2nd International Conference on Decision Economics, a three-day global gathering of approximately one hundred scholars and practitioners—and were subjected to thorough peer review by leading experts in the field. The essays reflect the extent, diversity, and richness of several research areas, both normative and descriptive, and are an invaluable resource for graduate-level and PhD students, academics, researchers, policymakers and other professionals, especially in the social and cognitive sciences. Given its interdisciplinary scope, the book subsequently delivers new approaches on how to contribute to the future of economics, providing alternative explanations for various socio-economic issues such as computable humanities; cognitive, behavioural, and experimental perspectives in economics; data analysis and machine learning as well as research areas at the intersection of computer science, artificial intelligence, mathematics, and statistics; agent-based modelling and the related. The editors are grateful to the scientific committee for its continuous support throughout the research project as well as to the many participants for their insightful comments and always probing questions. In any case, the collaboration involved in the project extends far beyond the group of authors published in this volume and is reflected in the quality of the essays published over the years.

Evidence-based Policy Making in Labor Economics

Author : Daniel S. Hamermesh,Olga K. Nottmeyer
Publisher : Bloomsbury Publishing
Page : 320 pages
File Size : 51,8 Mb
Release : 2017-09-07
Category : Business & Economics
ISBN : 9781472950710

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Evidence-based Policy Making in Labor Economics by Daniel S. Hamermesh,Olga K. Nottmeyer Pdf

Evidence-based Policy Making in Labor Economics distills and condenses the best thinking and research on labor economic issues to enable decision makers make better informed policy decisions. Written by well-known labor economists worldwide, research findings on key policy issues are presented in a compact and readable format, as distillations of comprehensive evidence-based research with concise policy recommendations. Designed to act as a quick reference, this guide brings together summaries of over 100 articles published on IZA World of Labor to give busy policymakers and political advisors worldwide instant access to reliable and up-to-date guidance on key policy topics including: asylum and immigration policy, youth unemployment and life-long learning, innovation, and technological change.

Evidence-Based Medicine

Author : Ivar Sonbo Kristiansen,Gavin Mooney
Publisher : Routledge
Page : 310 pages
File Size : 42,9 Mb
Release : 2004-07-22
Category : Business & Economics
ISBN : 9781134456505

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Evidence-Based Medicine by Ivar Sonbo Kristiansen,Gavin Mooney Pdf

Evidence-based medicine is defined as the conscientious explicit and judicious use of current best evidence in making decisions about the care of individual patients. This superb collection will take a critical view of this concept and examine the economic implications of its imposition.