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## Bayesian Statistical Economic Evaluation Methods for Health Technology Assessment

Online publication date:
Jun 2019
The evidence produced by healthcare economic evaluation studies is a key component of any Health Technology Assessment (HTA) process designed to inform resource allocation decisions in a ... More

## The Biological Foundations of Economic Preferences

Modern economic theory rests on the basic assumption that agents’ choices are guided by preferences. The question of where such preferences might have come from has traditionally been ... More

## Contests: Theory and Topics

Online publication date:
Jul 2019
Competitive situations resembling contests are ubiquitous in modern economic landscape. In a contest, economic agents expend costly effort to vie for limited prizes, and they are rewarded ... More

## The Effects of Monetary Policy Announcements

The effects of news (i.e., information innovations) are studied in dynamic general equilibrium models where liquidity matters. As a leading example, news can be announcements about monetary ... More

## Frequency-Domain Approach in High-Dimensional Dynamic Factor Models

High-Dimensional Dynamic Factor Models have their origin in macroeconomics, precisely in empirical research on Business Cycles. The central idea, going back to the work of Burns and ... More

## Geography, Trade, and Power-Law Phenomena

This article reviews interrelated power-law phenomena in geography and trade. Given the empirical evidence on the gravity equation in trade flows across countries and regions, its ... More

## Improving on Simple Majority Voting by Alternative Voting Mechanisms

Majority voting is the predominant mechanism for collective decision making. It is used in a broad range of applications, spanning from national referenda to small group decision making. It ... More

## Incentives and Performance of Healthcare Professionals

Economists have long regarded healthcare as a unique and challenging area of economic activity on account of the specialized knowledge of healthcare professionals (HCPs) and the relatively ... More

## Preferential Trade Agreements: Recent Theoretical and Empirical Developments

In recent decades, there has been a dramatic proliferation of preferential trade agreements (PTAs) between countries that, while legal, contradict the non-discrimination principle of the ... More