As we could see in the previous articles of the economic evaluation series, there is a large set of information required for decision makers on health expenditures and outcomes, and the way they spread over time. In order to obtain this information, epidemiological, economic, mathematical and statistical methods are used, but they all have limitations which are inherent to any scientific method...

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Botnets have become an increasing security concern in today’s Internet. Since current technological defenses against botnets have failed to produce results, it has become necessary to think about different strategies. Given that money is perhaps the single determining force driving the growth in botnet attacks, we propose an interesting economic approach to take away the root cause of botnet, i...

Despite uncertainty being intrinsic to economic evaluation of health care, existing techniques for handling uncertainty remain underdeveloped compared to the formal techniques commonly applied in the business sector. This paper develops an alternative approach to handling uncertainty in economic evaluation based on 'option-pricing' techniques. The presence of uncertainty and the degree of irrev...

making capital and investment is the main driving forces of economic development. based on the investment sensitivity to the changes of some of macro-economic variables and risk and uncertainty, the present study evaluated the effective factors on investment in private sector in iran during 1980-2007. at first, the uncertainty variables of real informal exchange rate, nominal interest rate and ...

The theory of risk provides a systematic approach to handling uncertainty with well-defined risk and deviation measures. As the model-based economic optimization of the water-flooding process in oil reservoirs suffers from high levels of uncertainty, the concepts from the theory of risk are highly relevant. In this paper, the main focus is to offer an asymmetric risk management, i.e., to maximi...

Failure to timely identify the occurrence of various shocks in the foreign exchange market due to the close relationship with the monetary, macroeconomic, and financial uncertainty can lead to crises and imbalances. In this paper, the effect of exchange rate and investor confidence on monetary and economic uncertainty in Iran is investigated, specifying a Multivariate GARCH model and the Grange...

one of the most important problems of the designs proposed by traditional economic-statistical approaches of control charts is inefficiency in the face of uncertainty. uncertainty in the parameters of economic-statistical models may lead to failure in rapidly detecting changes in processes and impose greater costs to the organization. monitoring the machining process in an automotive industry e...