in data envelopment analysis, the relative efficiency of a decision making unit (dmu) is defined as the ratio of the sum of its weighted outputs to the sum of its weighted inputs allowing the dmus to freely allocate weights to their inputs/outputs. however, this measure may not reflect a the true efficiency of a dmu because some of its inputs/outputs may not contribute reasonably in computing t...

Abrishami, Oortwijn, and Hofman (AOH) attribute to me a position I do not hold and an argument I did not make. The purpose of this note is make clear what my position actually is and to clarify the main differences between health technology assessment (HTA) and cost-effectiveness analysis (CEA).

The paper analyzes economic evaluations by distinguishing evaluative statements from value judgments proper. Building on this basis, it compares four solutions to the value-neutrality problem in economics. After rebutting the strong theses about neutrality (normative economics is illegitimate) and non-neutrality (the social sciences are value-impregnated), the paper settles the case between the...

Research shows that social judgments influence decision-making in social environments. For example, judgments about an interaction partners' trustworthiness affect a variety of social behaviors and decisions. One mechanism by which social judgments may influence social decisions is by biasing the automatic allocation of attention toward certain social partners, thereby shaping the information p...

We argue that racist value judgments express beliefs that are objectively false. In our view, racist value judgments have cognitive or descriptive content that is empirically inaccurate and this inaccuracy is, in principle, available to objective, rational assessment. Our position responds to a popular view that, while some value judgments, such as racist judgments, might be abhorrent, values g...

Many forms of judgments, such as those used in economic games or measures of social comparison, require understanding relative value, as well as the more complex ability to make comparisons between relative values. To examine whether young children can accurately compare relative values, we presented children 4 to 7 years with simple judgments of relative value in two scenarios. Children then w...