In 2006 the Center for Global Development's report 'When Will We Ever Learn? Improving lives through impact evaluation' bemoaned the lack of rigorous impact evaluations. The authors of the present paper researched international organizations and countries including Mexico, Colombia, South...

Evaluations are key to learning and accountability yet the quality of those evaluations are critical to their usefulness. We assessed the methodological quality of global health program evaluations commissioned or conducted by five major funders and published between 2009 and 2014. From a...

Time is money and money is time, but what is the value of your time? What is the value of a lawful monopoly for twenty years? Over the last several decades, scholars have proposed multifarious theoretical frameworks for patent valuation, but no accepted empirical law has emerged. Further, each...

We provide some new tools to evaluate trading strategies. When it is known that many strategies and combinations of strategies have been tried, we need to adjust our evaluation method for these multiple tests. Sharpe Ratios and other statistics will be overstated. Our methods are simple to...

Market risk management is one of the key factors to success in managing financial institutions. Underestimated risk can have desastrous consequences for individual companies and even whole economies, not least as could be seen during the recent crises. Overestimated risk, on the other side, may...

This paper compares two modern approaches to program evaluation with one treated unit, the panel data approach and the synthetic control method, in the context of the Russian Revolution of 1917. The goal of this paper is twofold: first, to evaluate various econometric and machine learning...

This paper enriches existing valuation literature in a number of ways by presenting context-specific estimates of immaterial damage. First, it offers an estimation of value of statistical life (VOSL) in the context of a natural hazard (flooding). Next, as one of the contributions, alongside with...

This paper develops policy recommendations on the use of cluster-based economic policies and the adoption of a new concept of competitiveness in the context of the new growth path that WWWforEurope aims to outline. A first section discusses summarizes key findings from the previous research...

This paper outlines elements of a conceptual framework that clarifies the role that clusters play relative to government policies and actions of individual companies in supporting the emergence of "High Road"-strategies that lead to better New Growth Path-related outcomes. It then focuses on...