the central bank, as an institution that directly controls the monetary system of the country, can also pursue goals such as managing interest rates, volume of currency, inflation, unemployment and even income distribution. in some countries (like iran) it functions as the part of the government and in some other countries the central bank is independent and follows its macro-policies. accordin...

This paper examines critically the contributions of Cournot, Jevons and Walras as the founders of classical mathematical economics from a methodological standpoint. Advances in different economic schools and doctrines in the 19th century produced an environment of multi-dimensionality in economic analysis which was regarded by the pioneers of classical mathematical economists as a chaotic state...

The paper focuses on two estimation methods that have been widely used to address endogeneity in empirical research in health economics and health services research-two-stage predictor substitution (2SPS) and two-stage residual inclusion (2SRI). 2SPS is the rote extension (to nonlinear models) of the popular linear two-stage least squares estimator. The 2SRI estimator is similar except that in ...

abstract health economic evaluation research plays an important role in selecting cost-effective interventions. the purpose of this study was to assess the quality of published articles in iranian journals related to economic evaluation in health care programs based on drummond’s checklist in terms of numbers, features, and quality. in the present review study, published articles (persian and e...

The role of mathematics in economic analysis is not yet a settled question. Smith, Ricardo, Mill and other eminent classical economists did not use mathematics in their economic theorizations. We have defined classical mathematical economics as the whole body of literature in mathematical treatment of economics originating mainly from the contributions of Cournot,  Jevons and Walras. There are ...

Terming a specific approach to economics agent-based may appear paradoxical. Isn’t human behavior the foundation of economics and shouldn’t all economic theory be based on agents behavior in some sense? This, at least, is what conventional economic theory has been claiming since the 1970’s. In this introduction we shall argue that agent-based computational economics (ACE) allows agents and espe...