Search Results

1 - 2 of 2 items :

  • Human Resources, Labor Practice, Job and Career x
Clear All
Cancer and productivity loss in the Irish economy: an employer’s perspective

the potential stream of output that could have been produced over the course of a lifetime without premature death (in this case, due to cancer). This method values productivity loss as the present value of foregone future income, with lost income acting as a proxy for lost output ( Berger et al., 2001 ; Tarricone, 2006 ). In a number of seminal studies, Rice (1966 , 1967) calculated disease-related morbidity and mortality costs by assessing illness burden in terms of the flow of goods and services foregone in the US. Further development of this conceptual

Open access
Pension provision by small employers in Ireland: an analysis of Personal Retirement Savings Account (PRSA) using bounded rationality theory

. Neoclassical economists developed lifetime consumption models and regret theory that were used to investigate pension decision-making. Bounded rationality is used to ‘…designate rational choice that takes into account the cognitive limitations of the decision-maker—limitations of both knowledge and computational capacity’ ( Simon, 2008 : 893). Building on the work of Simon, behavioural psychologists and economists argue that heuristics and biases commonly observed in decision-making are evidence of predictable departures from rational choice models. Furthermore, the

Open access