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Expenditure Confidence And Uncertainty
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Book Synopsis Probability Methods for Cost Uncertainty Analysis by : Paul R. Garvey
Download or read book Probability Methods for Cost Uncertainty Analysis written by Paul R. Garvey and published by CRC Press. This book was released on 2016-01-06 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: Probability Methods for Cost Uncertainty Analysis: A Systems Engineering Perspective, Second Edition gives you a thorough grounding in the analytical methods needed for modeling and measuring uncertainty in the cost of engineering systems. This includes the treatment of correlation between the cost of system elements, how to present the analysis to
Book Synopsis OECD Economic Outlook, Volume 2011 Issue 2 by : OECD
Download or read book OECD Economic Outlook, Volume 2011 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2011-11-28 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years.
Book Synopsis Policy Uncertainty in Japan by : Ms.Elif C Arbatli
Download or read book Policy Uncertainty in Japan written by Ms.Elif C Arbatli and published by International Monetary Fund. This book was released on 2017-05-30 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters and uncertainty. Our overall EPU index co-varies positively with implied volatilities for Japanese equities, exchange rates and interest rates and with a survey-based measure of political uncertainty. The EPU index rises around contested national elections and major leadership transitions in Japan, during the Asian Financial Crisis and in reaction to the Lehman Brothers failure, U.S. debt downgrade in 2011, Brexit referendum, and Japan’s recent decision to defer a consumption tax hike. Our uncertainty indices for fiscal, monetary, trade and exchange rate policy co-vary positively but also display distinct dynamics. VAR models imply that upward EPU innovations foreshadow deteriorations in Japan’s macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to evidence that credible policy plans and strong policy frameworks can favorably influence macroeconomic performance by, in part, reducing policy uncertainty.
Book Synopsis Science and Judgment in Risk Assessment by : National Research Council
Download or read book Science and Judgment in Risk Assessment written by National Research Council and published by National Academies Press. This book was released on 1994-01-01 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt: The public depends on competent risk assessment from the federal government and the scientific community to grapple with the threat of pollution. When risk reports turn out to be overblownâ€"or when risks are overlookedâ€"public skepticism abounds. This comprehensive and readable book explores how the U.S. Environmental Protection Agency (EPA) can improve its risk assessment practices, with a focus on implementation of the 1990 Clean Air Act Amendments. With a wealth of detailed information, pertinent examples, and revealing analysis, the volume explores the "default option" and other basic concepts. It offers two views of EPA operations: The first examines how EPA currently assesses exposure to hazardous air pollutants, evaluates the toxicity of a substance, and characterizes the risk to the public. The second, more holistic, view explores how EPA can improve in several critical areas of risk assessment by focusing on cross-cutting themes and incorporating more scientific judgment. This comprehensive volume will be important to the EPA and other agencies, risk managers, environmental advocates, scientists, faculty, students, and concerned individuals.
Book Synopsis Risk, Uncertainty and Profit by : Frank H. Knight
Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Book Synopsis Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management by : Raydugin, Yuri
Download or read book Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management written by Raydugin, Yuri and published by IGI Global. This book was released on 2016-11-29 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proper understanding and managing of project risks and uncertainties is crucial to any organization. It is of paramount importance at all phases of project development and execution to avoid poor project results from meager economics, overspending, reputation and environmental damage, and even loss of life. The Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management is a comprehensive reference source for emerging perspectives of managing risks associated with the execution and development of projects. Highlighting innovative coverage written by top industry specialists, such as complexity theory, psychological bias and risk management fallacies, probabilistic risk analysis, and various aspects of project decision making, this book is ideally designed for project and risk managers, project engineers, cost estimators, schedulers, safety and environmental protection specialists, corporate planners, financial and insurance specialists, corporate decision makers, as well as academics and lecturers working in the area of project management and students pursing PMP, PMI-RMP, ISO 31000, etc. certification.
Book Synopsis Global Economic Uncertainties and Exchange Rate Shocks by : Eliphas Ndou
Download or read book Global Economic Uncertainties and Exchange Rate Shocks written by Eliphas Ndou and published by Springer. This book was released on 2018-01-08 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the macroeconomic and regulatory impact of domestic and international shocks on the South African economy resulting from the 2009 financial crisis. It also assesses the impact of the US economy’s eventual recovery from the crisis and the prospect of higher US interest rates in future. Told in three parts, the book explores associations between economic growth, policy uncertainty and the key domestic and international transmission channels, and transmission effects, of global financial regulatory and domestic macro-economic uncertainties on subdued and volatile economic recovery, financial channels, lending rate margins, and credit growth. The book concludes by extending its focus to the role of US monetary policy, capital flows and rand/US dollar volatility on the South African economy.
Book Synopsis Interest and Prices by : Michael Woodford
Download or read book Interest and Prices written by Michael Woodford and published by Princeton University Press. This book was released on 2011-12-12 with total page 805 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure "fiat" currencies be managed so as to create confidence in the stability of national units of account? Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a world, effective monetary policy requires that central banks construct a conscious and articulate account of what they are doing. Michael Woodford reexamines the foundations of monetary economics, and shows how interest-rate policy can be used to achieve an inflation target in the absence of either commodity backing or control of a monetary aggregate. The book further shows how the tools of modern macroeconomic theory can be used to design an optimal inflation-targeting regime--one that balances stabilization goals with the pursuit of price stability in a way that is grounded in an explicit welfare analysis, and that takes account of the "New Classical" critique of traditional policy evaluation exercises. It thus argues that rule-based policymaking need not mean adherence to a rigid framework unrelated to stabilization objectives for the sake of credibility, while at the same time showing the advantages of rule-based over purely discretionary policymaking.
Book Synopsis Practical Business Statistics by : Andrew F. Siegel
Download or read book Practical Business Statistics written by Andrew F. Siegel and published by Academic Press. This book was released on 2011-03-04 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practical Business Statistics, Sixth Edition, is a conceptual , realistic, and matter-of-fact approach to managerial statistics that carefully maintains, but does not overemphasize, mathematical correctness. The book offers a deep understanding of how to learn from data and how to deal with uncertainty while promoting the use of practical computer applications. This teaches present and future managers how to use and understand statistics without an overdose of technical detail, enabling them to better understand the concepts at hand and to interpret results. The text uses excellent examples with real world data relating to the functional areas within Business such as finance, accounting, and marketing. It is well written and designed to help students gain a solid understanding of fundamental statistical principles without bogging them down with excess mathematical details. This edition features many examples and problems that have been updated with more recent data sets, and continues to use the ever-changing Internet as a data source. Supplemental materials include companion website with datasets and software. Each chapter begins with an overview, showing why the subject is important to business, and ends with a comprehensive summary, with key words, questions, problems, database exercises, projects, and cases in most chapters. This text is written for the introductory business/management statistics course offered for undergraduate students or Quantitative Methods in Management/ Analytics for Managers at the MBA level. - User-friendly, lively writing style - Separate writing chapter aids instructors in teaching how to explain quantitative analysis - Over 200 carefully-drawn charts and graphs show how to visualize data - Data mining is a theme that appears in many chapters, often featuring a large database (included on the website) of characteristics of 20,000 potential donors to a worthy cause and the amount actually given in response to a mailing - Many of the examples and problems in the sixth edition have been updated with more recent data sets, and the ever-changing Internet continues to be featured as a data source - Each chapter begins with an overview, showing why the subject is important to business, and ends with a comprehensive summary, with key words, questions, problems, database exercises, projects, and cases in most chapters - All details are technically accurate (Professor Siegel has a PhD in Statistics from Stanford University and has given presentations on exploratory data analysis with its creator) while the book concentrates on the understanding and use of statistics by managers - Features that have worked well for students and instructors in the first five editions have been retained
Book Synopsis Balancing Expenditures on Mitigation of and Adaptation to Climate Change: by : Zmarak Shalizi
Download or read book Balancing Expenditures on Mitigation of and Adaptation to Climate Change: written by Zmarak Shalizi and published by World Bank Publications. This book was released on 2007 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Although climate policies have been so far mostly focused on mitigation, adaptation to climate change is a growing concern in developed and developing countries. This paper discusses how adaptation fits into the global climate strategy, at the global and national levels. To do so, a partial equilibrium optimization model of climate policies-which includes mitigation, proactive adaptation (ex ante), and reactive adaptation (ex post)-is solved without and with uncertainty. Mitigation, proactive adaptation, and reactive adaptation are found to be generally jointly determined. Uncertainty on the location of damages reduces the benefits of "targeted" proactive adaptation with regard to mitigation and reactive adaptation. However, no single country controls global mitigation policies, and budget constraints might make it difficult for developing countries to finance reactive adaptation, especially if climate shocks affect the fiscal base. Rainy-day funds are identified as a supplemental instrument that can alleviate future budget constraints while avoiding the risk of misallocating resources when the location of damages is uncertain.
Book Synopsis Aerospace Project Management Handbook by : M. Ann Garrison Darrin
Download or read book Aerospace Project Management Handbook written by M. Ann Garrison Darrin and published by CRC Press. This book was released on 2017-05-22 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Aerospace Project Management Handbook focuses on space systems, exploring intricacies rarely seen in land-based projects. These range from additional compliance requirements from Earned Value Management requirements and regulations (ESA, NASA, FAA), to criticality and risk factors for systems where repair is impossible. Aerospace project management has become a pathway for success in harsh space environments, as the Handbook demonstrates. With chapters written by experts, this comprehensive book offers a step-by-step approach emphasizing the applied techniques and tools, and is a prime resource for program managers, technical leads, systems engineers, and principle payload leads.
Book Synopsis Statistics with Confidence by : Douglas Altman
Download or read book Statistics with Confidence written by Douglas Altman and published by John Wiley & Sons. This book was released on 2013-06-03 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly popular introduction to confidence intervals has been thoroughly updated and expanded. It includes methods for using confidence intervals, with illustrative worked examples and extensive guidelines and checklists to help the novice.
Book Synopsis Public Expenditure by : Michael Posner
Download or read book Public Expenditure written by Michael Posner and published by CUP Archive. This book was released on 1977 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Role of the Measurement and Verification Professional by : Steve Kromer
Download or read book The Role of the Measurement and Verification Professional written by Steve Kromer and published by CRC Press. This book was released on 2024-07-19 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measurement and verification (M&V) is the accounting system for energy management. Implementing M&V as a professional requires both a broad understanding of concepts and contexts and an awareness of the fundamental tools used in estimating impacts of energy management. This book will assist those seeking to become M&V professionals by establishing the framework within which to conduct successful M&V. It does this by: Laying out the fundamental concepts underpinning M&V methods. A full understanding of the strengths and weaknesses of the fundamental methods allows the professional to communicate effectively. Reviewing the most common M&V guidelines and protocols. Many people enter the world of M&V through the various guidelines that attempt to standardize M&V methods. In this book you will learn about how these documents are aligned, and how and why they differ. Providing a list of the most common technical issues and areas requiring judgement that arise in every M&V project. Many of the activities of M&V involve technical tasks and analysis. Much of the core content of these tasks is developed fully in texts related to energy engineering. In this book you will learn how to incorporate energy engineering concepts into your M&V projects. Being a professional means making informed and sound decisions using good judgement. Being a successful M&V professional means communicating these decisions and judgements throughout the M&V process. This book is intended to expose the typical challenges faced in M&V and provide the tools for the M&V professional to conduct successful M&V now and into the future. M&V has often been defined as an art and a science. The art of M&V is expressed through the judgements that the M&V professional makes during an M&V project. The science of M&V is within the domain of those aspects that can be measured, quantified and reported. While the technical tasks within M&V are important, the most important task of the M&V professional is to establish and maintain clear and consistent communication among all parties throughout the M&V process.
Book Synopsis The 1977 Economic Report of the President by : United States. Congress. Joint Economic Committee
Download or read book The 1977 Economic Report of the President written by United States. Congress. Joint Economic Committee and published by . This book was released on 1977 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Competition and Finance by : Kevin Dowd
Download or read book Competition and Finance written by Kevin Dowd and published by Springer. This book was released on 1996-09-04 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition and Finance offers a new, unified treatment of the fields of financial and monetary economics. The first part integrates recent developments in agency theory and information economics into a unified financial theory of the firm. A review of recent developments in the economics of banking and then monetary economics leads to a conclusion assessing present-day systems of central banking and proposing financial and monetary reform.
Book Synopsis Economic Evaluation in Clinical Trials by : Henry A. Glick
Download or read book Economic Evaluation in Clinical Trials written by Henry A. Glick and published by Handbooks in Health Economic E. This book was released on 2014-10-02 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is increasingly important to examine the relationship between the outcomes of a clinical trial and the costs of the medical therapy under study. This book provides a practical guide to the techniques and issues involved in conducting economic evaluation in ongoing clinical trials, supported with examples.
