The purpose of this manuscript is to quantify exactly how much information and/or predictive content is contained in business sentiment surveys. This paper uses techniques drawn from information theory econometrics, and more specifically the theory of information entropy, to characterize the...

This article presents estimates of consumer planning horizons for countries at different levels of economic development. Within an intertemporal optimization framework a direct relationship is observed between the length of consumers' planning horizons and the level of economic development. In...

This paper assesses the efficiency of utilizing nurses in Washington State hospital pharmacies. We take the perspective of a pharmacy department manager and model an input oriented hospital pharmacy production process. Data envelopment analysis (DEA) is used to examine both scale efficiency and...

One component of hospital production that has received little attention is that of the generalist nurse in the pharmacy. After developing a theoretical model characterising pharmacy nursing demand, we identify and explore two major questions of interest. The first pertains to which factors...

This paper assesses the efficiency of utilizing nurses in Washington State hospital pharmacies. We take the perspective of a pharmacy department manager and model an input oriented hospital pharmacy production process. Data envelopment analysis (DEA) is used to examine both scale efficiency and...

Declining economic conditions over the past several years have identified a disturbing trend; more and more households in the US are being pushed to the brink of financial insolvency. Current legal and market protections (including, but not limited to the use of collateral and mortgage insurance,...

In 2009 firms faced both economic uncertainty and influenza outbreaks. Both crises posed large costs for firms; however, the manner in which they were perceived by management to affect the organization potentially differed. Using generalized maximum entropy (GME) the authors analyzed a business...

This paper explores whether in-kind benefits influence the labor supply decisions of pharmacists. Particular attention is paid to decisions to supply more than thirty hours of labor per week, when in-kind benefits are usually standard. A distinction is also made between pharmacists in managerial...