Scientific vs. Cookbook Econometrics An emphasis on the Ethical Issues

scientific vs. cookbook econometrics an emphasis on the ethical issues

during the 1960’s, many as was firmly supported by the historical founders of econometrics, had hoped that econometrics would provide a sound scientific foundation for econometrics in which each element of specification would be determined primarily on the basis of economic theory. however, due to misusing of econometrics and also wide usage of the so called cookbook econometrics, many research...

Confronting an influenza pandemic: ethical and scientific issues.

The prolonged concern over the potential for a global influenza pandemic to cause perhaps many millions of fatalities is a chilling one. After the SARS (severe acute respiratory syndrome) scares [1], attention has turned towards the possibility of an avian influenza virus hybridizing with a human influenza virus to create a highly virulent, as yet unknown, killer, on a scale unseen since the Sp...

Scientific and ethical issues in equivalence trials.

ANY TESTING OF MEDICAL TREATMENTS IS AN EXERcise in comparison. In a typical clinical trial, 2 treatments are compared to determine which is better or if both are the same. Trials designed to address whether one treatment is better than the other may be called superiority trials, whereas those designed to show that 2 treatments are the same are called equivalence trials. However, the design of ...

Placebo controls: scientific and ethical issues.

Electroshock : scientific , ethical , and political issues ∗

Electroconvulsive treatment (ECT) is increasingly used in North America and there are attempts to promote its further use world-wide. However, most controlled studies of efficacy in depression indicate that the treatment is no better than placebo with no positive effect on the rate of suicide. ECT is closed-head electrical injury, typically producing a delirium with global mental dysfunction (a...

Ethical and Scientific Issues of Nanotechnology in the Workplace

In the absence of scientific clarity about the potential health effects of occupational exposure to nanoparticles, a need exists for guidance in decisionmaking about hazards, risks, and controls. An identification of the ethical issues involved may be useful to decision makers, particularly employers, workers, investors, and health authorities. Because the goal of occupational safety and health...