Word: predictably
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...began with his graduate thesis at the University of Michigan. In that paper, he built a conceptual framework for international trade that focused on decisions of individual firms and their entrance into the market. Melitz’s firm-level approach to international trade has provided a way to predict aggregate trade flows, which Antràs said “have been confirmed in the data and were highly non-intuitive given the frame of models that we used to work with.” That approach is now “the current workhorse model in international trade...
...price for the building has yet to be determined, even though one would have hoped that an elementary sense of prudence would have kept the UC from launching this initiative without finalizing such a crucial detail. But whatever the final price turns out to be—some estimates predict as much as $4 million—the fundraising required to generate it will far exceed reasonable expectations...
Veratect's tracking method includes analyzing Internet data (blogs and other sources), maintaining on-the-ground contact with health officials, text-mining news reports and government resources for keywords related to infectious-disease outbreaks and using satellite images of weather patterns to detect and predict the progress of global events like disease and civil unrest. Veratect sources first picked up reports of human respiratory disease at a pig farm in Mexico on April 6; additional reports of a similar illness surfaced on April 16, which is when the company got concerned enough to e-mail officials...
...people going on the Web finding information on flu to predict where flu is taking place?" asks Dr. Richard Besser, acting head of the CDC. "Looking back, it is helpful. The question is, Looking forward, can you see that? We are open, and continually looking at various approaches for early detection. The sooner we detect a problem, the sooner we can detect and implement protective measures...
...This year, farmers will likely suffer heavy losses, as the sale price of their hogs does not meet the cost of raising the animals. The recent price fall could be realized as a $10 to $20 per head loss in the next 12 months, predict Ward and Iverson. Pork processors have already lowered their bids for pigs, given the great degree of uncertainty in predicting the demand for pork...