"Evidence-based medicine” approaches began to be formalized in the early 1990s to promote a conscientious, explicit and judicious use of current best evidence in decision-making on care for individual patients. These approaches were subsequently extended to other spheres of public decision...

This paper examines the impact of transaction costs on economic welfare and development. We extend the static model of Romer (1994), in which transaction costs reduce welfare by the reducing the equilibrium number of intermediate goods, and estimate the welfare losses in the case of domestic...

"Evidence-based medicine” approaches began to be formalized in the early 1990s to promote a conscientious, explicit and judicious use of current best evidence in decision-making on care for individual patients. These approaches were subsequently extended to other spheres of public decision...