economic decision
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2022 ◽  
Vol 12 (1) ◽  
pp. 0-0

Decision-making is required frequently from a project manager. Therefore, this study investigates the fundamentals of economic decision-making, beneficial project manager characteristics, methods that help the project manager’s decision-making, and when economic decision-making should be applied. It was found that internal and external factors influence economic decision-making for a project manager. Also, it was established that economic decision-making should be implemented throughout the duration of the project. When there is not enough data to support economic estimation methods and no time to improve the method, then the project manager must use his/her experience to make a decision.


Gender Issues ◽  
2021 ◽  
Author(s):  
Yan Chai ◽  
Vanessa Ríos-Salas ◽  
Pam Stek ◽  
Jody Heymann

AbstractGlobally, women continue to have less economic decision-making power and face gender-unequal norms at work. Little is known about the impact of national public policies on norms surrounding equality. We examined the impact of extending paid maternity leave policy on decision making in the household and gender norms in the workplace, specifically whether women have sole or joint decision-making power with respect to large household purchases and whether women are perceived as having an equal right to jobs when jobs are scarce. We used difference-in-differences models to analyze the impact of increasing paid maternity leave on outcomes measured in the Demographic Health Surveys and World Values Surveys collected in 31 low- and middle-income countries. A one-month increase in the legislated duration of paid maternity leave increased the odds that women and their partners/spouses reported that women had more decision-making power by 40% (95% CI 1.14, 1.70) and 66% (95% CI 1.36, 2.03), respectively. A one-month increase in the legislated duration of paid maternity leave was associated with 41.5 percentage-point increase in the prevalence of individuals disagreeing with the statement that “when jobs are scarce, men should have more right to a job than women.” More generous maternity leave increases gender equality in economic decision making in the household and improves gender norms related to work. Future studies should examine the impact of paternity leave and non-discrimination policy, as well as other large-scale policies aiming to improve gender equality at work and at home.


2021 ◽  
Author(s):  
Talitha Feenstra ◽  
Isaac Corro-Ramos ◽  
Dominique Hamerlijnck ◽  
George van Voorn ◽  
Salah Ghabri

Author(s):  
Lu Li ◽  
Andreas Richter ◽  
Petra Steinorth

AbstractUtilizing the longitudinal SOEP data representative of the German population, we find that mental health shocks significantly decrease the willingness to take risks. We also find that mental health improvements increase the willingness to take risks significantly. Our findings are relevant for better understanding the economic decision making of the large number of individuals with mental health issues.


2021 ◽  
Vol 13 (23) ◽  
pp. 13007
Author(s):  
Johanna Leväsluoto ◽  
Johanna Kohl ◽  
Anton Sigfrids ◽  
Jussi Pihlajamäki ◽  
Janne Martikainen

Grand social challenges, such as type 2 diabetes (T2D), are increasing, which creates sustainability problems for health care service systems. To reduce socio-economic burdens, changes are required in the socio-technical system. However, there is an uncertainty of the most cost-effective policy action that can create sustainability while providing health benefits. To find potential solutions to these challenges, the multi-level perspective (MLP) and health economic decision modelling was used to study socio-technical change and project potential health economic consequences of different scenarios. The study focuses on creating a vision pathway for reducing T2D in Finland. In total, 23 interviews were carried out and the results were analyzed utilizing the MLP model. As a result, five themes towards prevention of T2D were identified. Digitalization was found to be a cross-cutting theme for preventing T2D and was thus taken as the object of study and the main focus of this paper. As a result, this paper reports on the opportunities and barriers for using digital tools in a transition towards T2D prevention. A health economic decision modelling revealed that the highest expected savings could be obtained by prioritizing prevention programs based on T2D risk. Finally, the model was converted into a web-based online tool by combining vision pathway, transition-focused storylines and forward-looking health economic scenario analysis to give the policy makers an overall picture of the needed societal changes and support the impact assessment of alternative policies in a case of T2D prevention in Finland.


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