This paper discusses how economic tools can be targeted and combined to enhance their usefulness in analyses of animal disease problems. It briefly reviews the most commonly used economic modelling techniques to clarify the applicability of specific economic methods to different problems in animal health analysis. The paper then reviews applications of these methods in the literature and sugges...

TOPIC Economic theory is used to describe and explain decision making in the context of scarce resources. PURPOSE This paper presents two applications of economic theory to the delivery of nursing services in acute care hospitals and evaluates its usefulness in guiding nursing administration research. SOURCES OF INFORMATION The description of economic theory and the proposed applications fo...

This survey presents some representative works which apply economic models and mechanisms to resource allocation problems. First, an introduction to the resource allocation problem is presented. Then, some remarks about economic theory are presented, including some fundamental mechanisms and models. Representative applications of economic mechanisms and models are summarized, and some works reg...

Recent policy applications of control theory methods in dynamic economic models raise the issue of imposing the transversality condition for determining a unique optimal control policy. In a stochastic framework this issue involves alternative methods of estimation, which are discussed here both theoretically and empirically. The economic implications of the alternative methods are analyzed her...

We introduce current home Internet of Things (IoT) technology and present research on its various forms and applications in real life. In addition, we describe IoT marketing strategies as well as specific modeling techniques for improving air quality, a key home IoT service. To this end, we summarize the latest research on sensor-based home IoT, studies on indoor air quality, and technical stud...