Approaching Economic Issues through Epidemiology–An Introduction to Business Epidemiology

by Bolos, Bradut and Bacarea, Vladimir and Marusteri, Marius
Published in Romanian Journal of Economic Forecasting
, 2011, volume 14 issue 1, 257-276

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Abstract

In the tradition of transferring models and concepts from one science to another, our research explores the possibility of importing some concepts, definitions and approaches from human epidemiology to economic research, based on the extensive usage of medical terms and concepts in economy. The article explores some basic epidemiology concepts and their possible relevance to economic research, with the final goal to provide a new viewpoint over the economic phenomena, usable in economic crisis. The article introduces the concept of “business epidemiology” as a possible scientific approach to the economic crisis.

Keywords: epidemiology; business disease; company health; research methodology; financial contagion
JEL Classification:
E32, E60, F41