2,149 research outputs found
Third Swiss-Japanese Joint Meeting on Bioprocess Development: Montreux, 25–27 October1992: Kolumne
The Cowles Commission and Foundation for Research in Economics
Founded in 1932 by a newspaper heir disillusioned by the failure of forecasters to predict the Great Crash, the Cowles Commission promoted the use of formal mathematical and statistical methods in economics, initially through summer research conferences in Colorado and through support of the Econometric Society (of which Alfred Cowles was secretary-treasurer for decades). After moving to the University of Chicago in 1939, the Cowles Commission sponsored works, many later honored with Nobel Prizes but at the time out of the mainstream of economics, by Haavelmo, Hurwicz and Koopmans on econometrics, Arrow and Debreu on general equilibrium, Yntema and Mosak on general equilibrium in international trade theory, Arrow on social choice, Koopmans on activity analysis, Klein on macroeconometric modelling, Lange, Marschak and Patinkin on macroeconomic theory, and Markowitz on portfolio choice, but came into intense methodological, ideological and personal conflict with the emerging “Chicago school.” This conflict led the Cowles Commission to move to Yale in 1955 as the Cowles Foundation, directed by James Tobin (who had declined to move to Chicago to direct it). The Cowles Foundation remained a leader in the more technical areas of economics, notably with Tobin’s “Yale school” of monetary theory, Scarf’s computable general equilibrium, Shubik in game theory, and later Phillips and Andrews in econometric theory but as formal methods in economic theory and econometrics pervaded the discipline of economics, Cowles (like the Econometric Society) became less distinct from the rest of economics. This entry is part of an archivally-based history of the Cowles Commission and Foundation commissioned by the Cowles Foundation. This paper is the entry on “The Cowles Commission and Foundation for Research in Economics” in The New Palgrave Online https://link.springer.com/referencework/10.1057/978-1-349-95121-5 and is included as a Cowles Foundation Discussion Paper by the kind permission of Springer Nature
Prizes for innovation
The use of prizes to stimulate innovation in education has dramatically increased in recent years, but, to date, no organization has attempted to critically examine the impact these prizes have had on education. This report attempts to fill this gap by conducting a landscape review of education prizes with a focus on technology innovation. This report critically analyses the diversity of education prizes to gauge the extent to which these new funding mechanisms lead to innovative solutions in this sector. This is supplemented with interviews with sponsors and prize participants to gain the much needed practitioner’s perspective. We address important questions that pervade as prizes are being implemented in this sector: What seems to be working and why? How do prizes compare to other funding mechanisms to stimulate technology innovations? How is sustainability achieved? What can be learned that can inform the design of future prizes? A number of important assumptions are re-examined, namely, that technology innovation is central to educational reform, prizes stimulate innovation, scalability is a proxy for sustainability, and prizes are the most efficient funding mechanism to stimulate innovation. We recalibrate expectations of technology innovation prizes in the educational field against empirical evidence. We reveal key trends through the deploying of prizes in this field and offer case studies as good practices for sponsors to consider when designing future prizes. The report makes recommendations to enhance the impact of prizes, drawing from interdisciplinary sources. The intent of this report is to enable sponsors to distinguish the hype surrounding these prizes and proceed to design prizes that can best serve the education sector
Die-Sharing in Moesia Inferior under Gordian III
This paper discusses the process of die-sharing between medallions struck in Moesia Inferior under Gordian II
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