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Current practice and teaching of engineering economics in brazilian universities

Junkes, Maria Bernadete; Tereso, Anabela Pereira; Afonso, Paulo
Fonte: Universidade do Minho Publicador: Universidade do Minho
Tipo: Conferência ou Objeto de Conferência
Publicado em //2012 Português
Relevância na Pesquisa
36.36%
Engineering economics includes tools which permit to evaluate the economic feasibility of alternative solutions considered along with their major technical requirements. Realizing the changes that are being discussed about new approaches in engineering education, this work aims to analyze the practice and teaching of engineering economics in Brazilian universities, thereby contributing to the identification of opportunities for improvements in the teaching and learning process of such concepts and tools in Brazil. The methodology followed was essentially exploratory. Firstly, it was obtained relevant evidence from the general information offered by universities and production engineering departments. Secondly, a questionnaire was used to gather data from the responsible of each identified undergraduate and graduate program. The analysis of this evidence contributes to the understanding of the current practice and teaching of engineering economics in the Brazilian universities, namely which concepts and tools, teaching strategies, interdisciplinarity approaches, partnerships with firms and type of real problems are used.

The role of engineering economics in the evaluation of investment projects by the Bank of Amazon-Brazil

Junkes, Maria Bernadete; Tereso, Anabela Pereira; Afonso, Paulo
Fonte: Universidade do Minho Publicador: Universidade do Minho
Tipo: Conferência ou Objeto de Conferência
Publicado em //2012 Português
Relevância na Pesquisa
36.36%
One of the engineering economics objectives is to do economic analysis of investment decisions. It has quite extensive applications since the investment may come from private companies or government entities. The analysis or evaluation of projects involves a set of techniques that establish feasibility parameters. These parameters are expressed by PBP (Payback Period - number of years to recover the investment), IRR (internal rate of return) or NPV (Net Present Value). Thus, it has an important role on investment analysis or to buy a capital good, checking all technically feasible investment alternatives. This research is based on a case study, namely a project of extension of a micro enterprise, whose data was collected on Bank of Amazon. The Bank of Amazon is an agent for the application of policies and programs of the Federal Government in the Amazon region, as well as its feasibility and the potential to carry out the project. Based on these facts, it was studied the role of engineering economics in the evaluation of investment projects by the Bank of Amazon, located in the northern region of Brazil. It was concluded that the Bank relies on the economic feasibility and engineering economics to analyses the submitted projects, having as a reference a IRR parameter between 4% and 12% and a PBP of 4 to 12 years in the investment projects less or equal to R$ 400...

Economics against the Human Right to Work,

Branco, Manuel
Fonte: Almedina Publicador: Almedina
Tipo: Parte de Livro
Português
Relevância na Pesquisa
36.36%
The right to work has been debated since the French Revolution and was solemnly proclaimed in 1966 by the UN general assembly along with other economic rights. Despite its legal weight, economics does not seem to take them as anything more than legal ornaments; therefore, the purpose of this article is to make economics take economic rights seriously. First of all the genesis of the right to work will be discussed and some arguments that have sustained its inscription as a human right will be presented. Secondly, it will be argued that the logic of mainstream economics contradicts the assertion of the right to work. Finally we will come to the conclusion that the majority of current employment policies cannot qualify to full right-to-work securing policies.

The ‘materials’ of experimental economics: technological versus behavioural experiments

Santos, A. C.
Fonte: Dinâmia Publicador: Dinâmia
Tipo: Trabalho em Andamento
Publicado em //2006 Português
Relevância na Pesquisa
36.36%
In the natural sciences there is a general consensus on the epistemic value conferred to by the participation of the ‘material world’ in the experimental process of Knowledge production. This is no different in experimental economics. However, an inquiry into the epistemic role of the ‘materials’ of economics is still incipient. The present paper is meant as a contribution to this inquiry. Two categories of experiments are identified according to the differentiated role of the ‘materials’ of economics. Technological experiments produce knowledge of how to design market institutions for specific purposes. The crucial ‘material’ of these experiments is the institution that organizes the interactions of the experimental participants. Behavioral experiments produce knowledge of individual behavior in varied decision contexts. The crucial ‘material’ of these experiments is the agency of the experimental participants. FCC spectrum auctions and ultimatum game experiments illustrate technological and behavioral experiments, respectively. General policy implications are also drawn for each kind of experiment.

A agenda de pesquisa heterodoxa da mainline economics

Angeli,Eduardo
Fonte: Instituto de Economia da Universidade Estadual de Campinas Publicador: Instituto de Economia da Universidade Estadual de Campinas
Tipo: Artigo de Revista Científica Formato: text/html
Publicado em 01/12/2014 Português
Relevância na Pesquisa
36.36%
O presente artigo apresenta e qualifica como heterodoxa e robusta a mainline economics, uma agenda de pesquisa existente ao longo da evolução do pensamento econômico que abre mão de um conceito central à mainstream economics, o de equilíbrio, sob uma perspectiva liberal. Procura-se argumentar, também, que a crítica heterodoxa da teoria econômica convencional não deve ser confundida com a crítica do próprio sistema capitalista. Para isso, é discutido o que se entende por economia heterodoxa e é apresentado criticamente o papel do equilíbrio na abordagem estática convencional em Economia. Em seguida, mostra-se que a mainline economics adota a abordagem de processo de mercado e de emergência de coordenação sem comando central, sob uma perspectiva liberal. Destaque é dado para as contribuições oferecidas por F. A. Hayek.

What is the minimum a doctor should know about health economics?

Musgrove,Philip
Fonte: Instituto de Medicina Integral Prof. Fernando Figueira Publicador: Instituto de Medicina Integral Prof. Fernando Figueira
Tipo: Artigo de Revista Científica Formato: text/html
Publicado em 01/08/2001 Português
Relevância na Pesquisa
36.36%
A doctor need not learn a great deal of economics in order to understand some of the basic ideas of health economics. What is more important than any particular piece of knowledge is to understand how economists think, particularly how and why they think about markets. Health economics emphasizes some market failures which lead to poor health outcomes or high costs or both, and it concentrates especially on issues of how health care is paid for - the sources of funding, the pooling of those funds to provide protection from financial risk, and their use to purchase goods and services. Better understanding between economists and health professionals can reduce incomprehension and antagonism, and offer opportunities for more efficient and equitable health systems.

Essays in Labor Economics and Contract Theory

Rao, Neel
Fonte: Harvard University Publicador: Harvard University
Tipo: Thesis or Dissertation
Português
Relevância na Pesquisa
36.36%
This dissertation consists of three essays in labor economics and contract theory. The first essay examines whether one’s wage is based on information about the performance of one’s personal contacts. I study wage determination under two assumptions about belief formation: individual learning, under which employers observe only one’s own characteristics, and social learning, under which employers also observe those of one’s personal contacts. Using data on siblings in the NLSY79, I test whether a sibling’s characteristics are priced into one’s wage. If learning is social, then an older sibling’s test score should typically have a larger adjusted impact on a younger sibling’s log wage than vice versa. The empirical findings support this prediction. Furthermore, I perform several exercises to rule out other potential factors, such as asymmetric skill formation, human capital transfers, and role model effects. The second essay analyzes the influence of macroeconomic conditions during childhood on the labor market performance of adults. Based on Census data, I document the relationship of unemployment rates in childhood to schooling, employment, and income as an adult. In addition, a sample from the PSID is used to study how the background attributes of parents raising children vary over the business cycle. Finally...

Essays in Behavioral and Experimental Economics

Mollerstrom, Johanna Britta
Fonte: Harvard University Publicador: Harvard University
Tipo: Thesis or Dissertation
Português
Relevância na Pesquisa
36.36%
This dissertation consists of three essays which make use of laboratory experiments in order to investigate how procedural or contextual factors impact human behavior.; Economics

Notes on Behavioral Economics and Labor Market Policy

Babcock, Linda; Congdon, William J; Katz, Lawrence F.; Mullainathan, Sendhil
Fonte: Springer Science + Business Media Publicador: Springer Science + Business Media
Tipo: Artigo de Revista Científica
Português
Relevância na Pesquisa
36.36%
Labor market policies succeed or fail at least in part depending on how well they reflect or account for behavioral responses. Insights from behavioral economics, which allow for realistic deviations from standard economic assumptions about behavior, have consequences for the design and functioning of labor market policies. We review key implications of behavioral economics related to procrastination, difficulties in dealing with complexity, and potentially biased labor market expectations for the design of selected labor market policies including unemployment compensation, employment services and job search assistance, and job training.; Economics

Essays in Health Economics: Understanding Risky Health Behaviors

Friedman, Abigail Sarah
Fonte: Harvard University Publicador: Harvard University
Tipo: Thesis or Dissertation
Português
Relevância na Pesquisa
36.36%
This dissertation presents three papers applying health economics to the study of risky behaviors. The first uses data from the 1979 National Longitudinal Survey of Youth to examine the relationship between adverse events and risky behaviors among adolescents. Substance use responses to experiencing either of two adverse events--violent crime victimization or death of a non-family member one felt close to--explain 6.7 percent of first cigarette use, and 14.3 percent of first use of illegal drugs other than marijuana. Analyses of exercise, a positive coping mechanism, find shock-responses consistent with a coping-response, but not with rational, time-inconsistent, or non-rational drivers considered here. I conclude that distressing events lead to risky behaviors, with a coping response contributing to this effect.

Internet Economics

Bailey, Joseph P.
Fonte: MIT - Massachusetts Institute of Technology Publicador: MIT - Massachusetts Institute of Technology
Formato: 63330 bytes; application/pdf
Português
Relevância na Pesquisa
36.36%
The Internet, a growing network of networks, is an often touted and often misunderstood technology. It has its own infrastructure complete with service providers, private networks, user communities, international links, etc. similar to telephone or telegraph industries. However, the Internet is more decentralized and less application-specific than traditional telecommunication industries. These differences extend beyond the technology of the Internet to the economics and policies. This paper explores Internet economics, a growing field which encompasses the technology, economics, and policy surrounding the Internet. It identifies different communities who have overlapping interests in this field and how their preconceived notions of how the Internet operates create contradictory views on how this technology will continue to evolve in a self-sustaining manner. Specifically, it explores the issue of usage sensitive pricing versus flat-fee pricing as applied to the Internet. It provides anecdotal evidence to support general views communities have towards pricing issues. It identifies roadblocks to implement usage sensitive pricing on the Internet. It describes short-term projects that will provide better data to enable a better understanding of the issues.

Early Development Economics Debates Revisited

Alacevich, Michele
Fonte: World Bank, Washington, DC Publicador: World Bank, Washington, DC
Português
Relevância na Pesquisa
36.36%
Development economics in its early years created the image of a fierce fight between advocates of contrasting theories or approaches- "balanced growth" vs. "unbalanced growth" or "program loans" vs. "project loans." This view has the merit to highlight such conflicts in great detail; yet it fails to take into account the reality of development economics as it was practiced in the field. This paper reassesses these old conflicts by complementing the traditional focus on theoretical debates with an emphasis on the practice of development economics.A particularly interesting example is the debate between Albert Hirschman, one of the fathers of the "unbalanced growth" approach, and Lauchlin Currie, among the advocates of "balanced growth" on how to foster iron production in Colombia in the 1950s. An analysis of the positions held by these two economists shows that they were in fact much less antithetical than is usually held and, indeed, were in some fundamental aspects surprisingly similar. Debates among development economists during the 1950s thus must be explained-at least partially-as the natural dynamics of an emerging discipline that took shape when different groups tried to achieve supremacy-or at least legitimacy-through the creation of mutually delegitimizing systemic theories.

Rethinking Development Economics

Stiglitz, Joseph E.
Fonte: World Bank Publicador: World Bank
Tipo: Artigo de Revista Científica
Português
Relevância na Pesquisa
36.36%
"Twelve years ago, when I was chief economist of the World Bank, I suggested that the major challenge to development economics was learning the lessons of the previous several decades: a small group of countries, mostly in Asia, but a few in other regions, had had phenomenal success, beyond anything that had been anticipated by economists; while many other countries had experienced slow growth, or even worse, stagnation and decline—inconsistent with the standard models in economics which predicted convergence. The successful countries had followed policies that were markedly different from those of the Washington Consensus, though they shared some elements in common; those policies had not brought high growth, stability, or poverty reduction. Shortly after I left the World Bank, the crisis in Argentina—which had been held up as the poster child of the country that had followed Washington Consensus policies—reinforced the doubts about that strategy. The global financial crisis, too, has cast doubt over the neoclassical paradigm in advanced industrial countries, and rightly so. Much of development economics had been viewed as asking how developing countries could successfully transition toward the kinds of market-oriented policy frameworks that came to be called “American style capitalism.” The debate was not about the goal...

Annual World Bank Conference on Development Economics 1999

Pleskovic, Boris; Stiglitz, Joseph E.
Fonte: Washington, DC: World Bank Publicador: Washington, DC: World Bank
Português
Relevância na Pesquisa
36.36%
The 1999 Annual World Bank Conference on Development Economics, the eleventh anniversary, was held at the Bank on April 28-30, 1999. The discussions focused on three trends of development: 1) the emerging international financial architecture; 2) challenges to social development; and 3) lessons from a decade of transition. Twelve papers were presented on a variety of topics including corporate governance, short-term capital flows, and the relationships between crime, violence, and inequitable development. The keynote addresses by Noble Laureate Kenneth Arrow, Secretary of the US Treasury Lawrence Summers, and Joseph E. Stiglitz, senior vice president, Development Economics and chief economist at the World Bank and former chair of the US Council of Economic Advisors, broach many of the topics that were central to the conference. They examine technological knowledge and innovation and global integration and look back at the arduous process of transition in the former Soviet Union.

Insights on Development from the Economics of Happiness

Graham, Carol
Fonte: Oxford University Press on behalf of the World Bank Publicador: Oxford University Press on behalf of the World Bank
Tipo: Artigo de Revista Científica
Português
Relevância na Pesquisa
36.36%
The literature on the economics of happiness in developed economies finds discrepancies between reported measures of well-being and income measures. One is the so-called Easterlin paradox: that average happiness levels do not increase as countries grow wealthier. This article explores how that paradox and survey research on reported wellbeing in general can provide insights into the gaps between standard measures of economic development and individual assessments of welfare. Analysis of research on reported wellbeing in Latin America and Russia finds notable discrepancies between respondent assessments of their own wellbeing and income or expenditure based measures. Accepting a wide margin for error in both types of measures, the article posits that taking such discrepancies into account may improve the understanding of development outcomes by providing a broader view on wellbeing than do income or expenditure based measures alone. It suggests particular areas where research on reported well-being has the most potential to contribute. Yet the article also notes that some interpretations of happiness research psychologist set point theory...

Three Essays on the Economics of Defense Contracting, Output and Income Inequality

DeCambra, Edward M
Fonte: FIU Digital Commons Publicador: FIU Digital Commons
Tipo: Artigo de Revista Científica Formato: application/pdf
Português
Relevância na Pesquisa
36.36%
This dissertation analyzes both the economics of the defense contracting process and the impact of total dollar obligations on the economies of U.S. states. Using various econometric techniques, I will estimate relationships across individual contracts, state level output, and income inequality. I will achieve this primarily through the use of a dataset on individual contract obligations. The first essay will catalog the distribution of contracts and isolate aspects of the process that contribute to contract dollar obligations. Accordingly, this study describes several characteristics about individual defense contracts, from 1966-2006: (i) the distribution of contract dollar obligations is extremely rightward skewed, (ii) contracts are unevenly distributed in a geographic sense across the United States, (iii) increased duration of a contract by 10 percent is associated with an increase in costs by 4 percent, (iv) competition does not seem to affect dollar obligations in a substantial way, (v) contract pre-payment financing increases the obligation of contracts from anywhere from 62 to 380 percent over non-financed contracts. The second essay will turn to an aggregate focus, and look the impact of defense spending on state economic output. The analysis in chapter two attempts to estimate the state level fiscal multiplier...

Summary of accidents reported by all line-haul switching and terminal railroad companies for the month of ...

United States -- Interstate Commerce Commission. -- Bureau of Transport Economics and Statistics; United States -- Interstate Commerce Commission. -- Bureau of Railroad Safety and Service; United States -- Federal Railroad Administration
Fonte: Bureau of Transport Economics and Statistics; Bureau of Transport Economics and Statistics ( [Washington, D.C ) Publicador: Bureau of Transport Economics and Statistics; Bureau of Transport Economics and Statistics ( [Washington, D.C )
Tipo: Artigo de Revista Científica Formato: v. : ill. ; 28 x 41 cm.
Publicado em // Português
Relevância na Pesquisa
36.36%
(Statement of Responsibility) Interstate Commerce Commission, Bureau of Transport Economics and Statistics.; (Dates or Sequential Designation) May 1956-Dec. 1974.; (Issuing Body) Issued May 1956-Dec. 1964 issued by the Interstate Commerce Commission, Bureau of Transport Economics and Statistics; Jan. 1965-Oct. 1966 issued by the Interstate Commerce Commission, Bureau of Railroad Safety and Service; Nov. 1966-Dec. 1974 issued by the Dept. of Transportation, Federal Railroad Administration.; Title varies slightly.; Title from caption.

Summary of accidents reported by all line-haul switching and terminal railroad companies for the month of ...

United States -- Interstate Commerce Commission. -- Bureau of Transport Economics and Statistics; United States -- Interstate Commerce Commission. -- Bureau of Railroad Safety and Service; United States -- Federal Railroad Administration
Fonte: Bureau of Transport Economics and Statistics; Bureau of Transport Economics and Statistics ( [Washington, D.C ) Publicador: Bureau of Transport Economics and Statistics; Bureau of Transport Economics and Statistics ( [Washington, D.C )
Tipo: Artigo de Revista Científica Formato: v. : ill. ; 28 x 41 cm.
Publicado em // Português
Relevância na Pesquisa
36.36%
(Dates or Sequential Designation) May 1956-Dec. 1974.; (Issuing Body) Issued May 1956-Dec. 1964 issued by the Interstate Commerce Commission, Bureau of Transport Economics and Statistics; Jan. 1965-Oct. 1966 issued by the Interstate Commerce Commission, Bureau of Railroad Safety and Service; Nov. 1966-Dec. 1974 issued by the Dept. of Transportation, Federal Railroad Administration.; Title varies slightly.; Title from caption.; (Statement of Responsibility) Interstate Commerce Commission, Bureau of Transport Economics and Statistics.

Summary of accidents reported by all line-haul switching and terminal railroad companies for the month of ...

United States -- Interstate Commerce Commission. -- Bureau of Transport Economics and Statistics; United States -- Interstate Commerce Commission. -- Bureau of Railroad Safety and Service; United States -- Federal Railroad Administration
Fonte: Bureau of Transport Economics and Statistics; Bureau of Transport Economics and Statistics ( [Washington, D.C ) Publicador: Bureau of Transport Economics and Statistics; Bureau of Transport Economics and Statistics ( [Washington, D.C )
Tipo: Artigo de Revista Científica Formato: v. : ill. ; 28 x 41 cm.
Publicado em // Português
Relevância na Pesquisa
36.36%
(Statement of Responsibility) Interstate Commerce Commission, Bureau of Transport Economics and Statistics.; (Dates or Sequential Designation) May 1956-Dec. 1974.; (Issuing Body) Issued May 1956-Dec. 1964 issued by the Interstate Commerce Commission, Bureau of Transport Economics and Statistics; Jan. 1965-Oct. 1966 issued by the Interstate Commerce Commission, Bureau of Railroad Safety and Service; Nov. 1966-Dec. 1974 issued by the Dept. of Transportation, Federal Railroad Administration.; Title varies slightly.; Title from caption.

Summary of accidents reported by all line-haul switching and terminal railroad companies for the month of ...

United States -- Interstate Commerce Commission. -- Bureau of Transport Economics and Statistics; United States -- Interstate Commerce Commission. -- Bureau of Railroad Safety and Service; United States -- Federal Railroad Administration
Fonte: Bureau of Transport Economics and Statistics; Bureau of Transport Economics and Statistics ( [Washington, D.C ) Publicador: Bureau of Transport Economics and Statistics; Bureau of Transport Economics and Statistics ( [Washington, D.C )
Tipo: Artigo de Revista Científica Formato: v. : ill. ; 28 x 41 cm.
Publicado em // Português
Relevância na Pesquisa
36.36%
(Statement of Responsibility) Interstate Commerce Commission, Bureau of Transport Economics and Statistics.; (Dates or Sequential Designation) May 1956-Dec. 1974.; (Issuing Body) Issued May 1956-Dec. 1964 issued by the Interstate Commerce Commission, Bureau of Transport Economics and Statistics; Jan. 1965-Oct. 1966 issued by the Interstate Commerce Commission, Bureau of Railroad Safety and Service; Nov. 1966-Dec. 1974 issued by the Dept. of Transportation, Federal Railroad Administration.; Title varies slightly.; Title from caption.