What is the value of an integrated assessment model that combines highly unlikely physical scenarios with an economic model that does
economic calculations based on numbers that are throughout pure guesswork, and does that furthermore in a way that overemphasizes highly the part of the period on which we know as little as 19th century people knew about today?
Not exact matches
Last year, median household income in the United States was $ 59,039 — lower than the $ 59,992 median in 2007 or the $ 60,399 median income in 2000 —
based on
calculations by the
Economic Policy Institute using Census data.
The efficient frontier
calculation,
based on the recent five years, takes into the account the poor performance of European assets during the
economic downturn.
Forecast
calculations based on data from 2013 - 2017 in
Economic and Fiscal Outlook December 2013, OBR, Tables 4.1 and 4.19.
However, backtested data may reflect the application of the index methodology with the benefit of hindsight, and the historical
calculations of an index may change from month to month
based on revisions to the underlying
economic data used in the
calculation of the index.
Now the Obama Administration is unleashing a host of new mandates and standards,
based on arbitrary «social cost of carbon»
calculations that assume fossil fuel use imposes numerous climate and other costs, but brings minimal or no
economic or societal benefits.
Consumption patterns and associated per capita shares of resource use and pollution differ enormously, and using a consumption -
based calculation rather than a national territorial production -
based approach demonstrates even further the extent of global
economic and environmental inequality: about 50 % of the world's people live on less than $ 3 per day, 75 % on less than $ 8.50, and 90 % on less than $ 23 (US$ at current purchasing power parity).
While the LSUC has undertaken numerous efforts to boost the number of available articling positions, the default logic remains primarily market -
based in the sense that private lawyers who are eligible to serve as principals (and it is private lawyers who make up the vast bulk of principals) are entitled to decide for themselves, on the
basis of their own private
economic calculations, whether to devote any of their money, time and other practise resources to experiential training.
Calculation of
economic damages under the Wrongful Death Act is
based, in part, on the deceased individual's age, life expectancy, earnings capacity, and character.
Continuance commitment, which refers to the commitment to maintain a cooperative relationship, is
based on cost and
economic considerations; thus, it is the product of rational and
economic calculation.