This paper tackles the problem of the demarcation of value judgments in economic expertise. Is it possible to disentangle values from facts, or neutral scientific assertions from value-laden judgments, in the context of economic expertise? If not, why not? And if it is, under what conditions? First, drawing on concepts from analytic philosophy, the paper highlights the interdependencies between...

This study tests distance weights based on the economic geography assumption of straight lines and the complex networks approach of empirical road segments in the Mexican system of cities to determine the best distance specification. We generated network graphs by using geospatial data and computed weights by measuring shortest paths, thereby characterizing their probability distributions and c...

One of the most effective parameters in economics of open-pit mines is the pit slope angle, so that the slope angle more than the optimum value increases the probability of a large failure in the pit wall and the slope angle less than the optimum value leads to increasing stripping ratio and reducing net present value of mine. Therefore, in this paper, considering the limit equilibrium methods ...

abstract theories of behavior consumer deal with human behaviors as a being with will and purpose, so they are based on specific assumptions about the human nature and fundamentals of decision making. these assumptions often have ideological roots in different value systems consequently they are different in various these systems. the aim of this paper is to investigate these assumptions in the...

The purpose of this paper is to explore some of the value creation processes associated with expert systems. The paper employs a number of different applications of economics to explore the issues. Cost-benefit analysis, based in microeconomics and the economics of defense and government, is used to provide a basic measure of value. Contributions of value for expert systems are explored: econom...