Micro-Allocation In the scheme of things the debate that Warren, Doran, and Patrick (Larry, Moe, and Curly would have been better) undergo regarding how limited resources should allocated in the medical field is in effect a "catch 22" situation. If any nurse or physician in a situation in line with the one Alice and Gurpreet were in such as being in a small rural area, everybody knows everybody, massive emergency situation, people with the same level of need and urgency, temporarily depleted resource base, etc., there would be no course of action that will satisfy every point-of-view under every outcome with the exception of one where everybody receiving the resources ends up with the best possible result. In effect the people who make these decisions make snap decisions based on a combination of their subjective views, training, and assessment of the relevant variables. Decisions like this are often based on mental heuristics, which are inevitably flawed in making decisions whose outcomes are ruled by probabilities. The person making the decision will later rationalize their decision from a totally different point-of-view than the one under which the decision was made. Snap decisions are made by one set of mental faculties (automatic mental processes); whereas rationalizations are made by the other set of mental processes (control mental processes). In the end, the outcome dictates the validity of the choices made. In current debate, if no one died and everyone came out of the emergency with the best possible result there would be little debate on the decisions made regarding who got treated first. However, that scenario is one many possible outcomes and the probability that it would occur is most likely very small (if it...
Having stated that there major flaws in the thinking of all parties involved.
Pharmaceutical industries have to operate in an environment that is highly competitive and subject to a wide variety of internal and external constraints. In recent times, there has been an increasing trend to reduce the cost of operation while competing with other companies that manufacture products that treat similar afflictions and ailments. The complexities in drug research and development and regulations have created an industry that is subject to intense
Under the arrangement, moreover, a country with efficient production and a favored competitive position (including as enhanced by new capital goods) is rewarded with rising income and reduced unemployment. No grand scheme of state or international planning and direct control is required. Exchange rates are for the most part fixed under the classical gold-flows mechanisms (say, $/£ const. within fixed limits), as stated, and adjustments to trade imbalances
Project Management: Case Study in Managing a Complex Shipyard Project in Singapore Background of Complex Shipyard Construction Project Company background Project Overview and Objective Work Process of Building Construction Issue Analysis in Shipyard Construction Project Management Literature Review of Project Management Issues in Scope Management Methodology of Scope Management Lessons Learned from Scope Management Issues in Cost Management Methodology of Cost Management Lessons Learned from Cost Management Issues in Human Resources Methodology of HR Management Lessons Learned from Human Resource Management Case Study in Managing a
……South African Municipalities Municipal Revenue Loss Reduction through Improved Municipal Valuation Methodologies:Balance Sheet Enhancement of South African Municipalities to Improve Rates and Taxes Revenue GenerationAbstractThis study examines the property valuation process of Municipalities in South Africa and develops a strategy for strengthening that process in order to more efficiently value properties and ultimately to enhance municipal balance sheets and increase revenue streams. This study proposes an innovative valuation method based
Because the home country is not required to reimburse foreign depositors for losses, there is no corresponding financial penalty for lax supervision; there is, though, a benefit to the country with lenient regulatory policies because of increased revenues generated and the employment opportunities these services provide (Edwards 1999). Furthermore, banks seeking to conduct multinational business are attracted to countries where incorporation laws and the regulatory framework offer less regulatory oversight
While on one hand, the Nile gets the highest discharge from rainfall on the highlands of Ethiopia and upland plateau of East Africa, located well outside the Middle East region; on the other hand, discharge points of the other two rivers, Euphrates and Tigris, are positioned well within the Middle East region, prevailing mostly in Turkey, Syria along with Iraq. In other areas, recurrent river systems are restricted to
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