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Record W4296061833 · doi:10.55365/1923.x2022.20.13

Use Cost-Benefit Analysis and not Political Parties to Determine Government Expenditure Decisions

2022· article· en· W4296061833 on OpenAlexvenueno aff
Robert L. Brent

Bibliographic record

VenueReview of Economics and Finance · 2022
Typearticle
Languageen
FieldAgricultural and Biological Sciences
TopicAgricultural risk and resilience
Canadian institutionsnot available
Fundersnot available
KeywordsUnemploymentGovernment (linguistics)Public economicsEconomicsPoliticsConsumption (sociology)Cost–benefit analysisConsumption smoothingEconomic costMoral hazardBusinessActuarial scienceEconomic growthMicroeconomicsIncentive

Abstract

fetched live from OpenAlex

Government expenditures produce both benefits and costs.In terms of unemployment insurance, especially the Federal Pandemic Unemployment Compensation program, the benefits are in terms of consumption smoothing, and the costs are expressed as moral hazard.Political parties in the US make government expenditure decisions by following their party platforms, which typically means that they are always in favor, or always against government involvement in the economy.In the process, they implicitly either concentrate just on the benefits, or just the costs.Since both benefits and costs are important, government expenditure decision-making should instead be made on the basis of Cost-Benefit Analysis.Only using this economic evaluation method would ensure that government expenditure decisions, such as on unemployment insurance, would be determined by the size of the difference between the benefits and costs, and therefore be decided on the basis of whether they are socially worthwhile or not.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.008
metaresearch head score (Gemma)0.027
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.011
Threshold uncertainty score0.042

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0080.027
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.002
Bibliometrics0.0070.004
Science and technology studies0.0010.001
Scholarly communication0.0030.003
Open science0.0010.001
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0110.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.034
GPT teacher head0.236
Teacher spread0.202 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2022
Admission routes1
Has abstractyes

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