Certainly individual active managers can notice that growth stocks represent better values than value stocks. Indeed tracking some good investors’ portfolios reveals a “style drift” or migration from value to growth over the past decade. But is it possible to construct a rules-based approach to seeking value that is indifferent to style box geography?
Most SME use Enterprise Resource Planning systems for managing their business processes. Typically, the CEO of these companies are business-men who believe that paying a one-of fee for an item is betterthan having to rent it and having a tangible product is the preferred option. Research and experience has shown that this doesn’t necessarily apply to implementing computer hardware. The main challenge is in determining the most appropriate server hosting scenario; should you rent or buy a server?
Let me note first that I am skeptical as to whether the regression results shown in the authors’ table 14 are particularly informative. The authors instrument the “hard work equals success” variable with the average answer that others in the same occupation group gave in the survey. The idea here is that the instrument will eliminate the problem that left-wing views and belief in the efficacy of hard work are the same thing. But why would this instrument solve the problem? Unobserved heterogeneity in beliefs will, if correlated within occupations (as one might expect, since occupational choice is endogenous), mean that the instrument is invalid. (And there is no mathematical reason to believe an invalid instrument is betterthan none at all; my own intuition suggests it easily could be worse.) Beyond a question of the specific regression that the authors perform, the explanation of left-wing attitudes as derived from attitudes toward hard work is at best a first cut at understanding the ideological bases of political attitudes. So, although I applaud the exploration of ideology embodied in this exercise, the analysis needs to go much further. For example, I agree with the paper’s suggestions that Americans care much more deeply about equality of opportunity than about the cross-sectional distribution of income per se. 6 For different developed countries, the shares of survey
Enterprise resource planning (ERP) systems are not one-size-fits-all solutions – particularly when it comes to business processes steps and controls. While a certain process step or control may be in place as part of the ERP system’s standard functionality, it may not be the exact parameter the organization needs to have in place to avoid issues with transactions, master data integrity or segregation of functions. Organizations using Oracle E-Business Suite (Oracle EBS) often discover that applying the standard solution out of the box leaves critical gaps in their business processes and controls. These gaps can lead to process inefficiencies and pose an increased risk of human error and fraud. Thus, many companies find themselves having to invest additional time and money to customize their Oracle EBS application to better fit their needs – usually by engaging programmers to write custom code for the application. While this is one way to solve the problem, this approach is expensive and time-consuming and can present issues (such as corrupted programs) during system upgrades.
economic questions, the main geopolitical hotspot right now is the situation in Syria. This situation continues to pose heightened conflict potential. However, it forces countries like the U.S., Russia, Europe and even local players like Iran, Iraq, Saudi Arabia and others to talk and find common ground for a solution or at least a strategy. This might not be bad, in fact, it might even create a situation of constructive dialogue and with it a chance to improve relations. This is especially true for Russia that wants to play a more important role again globally and to move out of the isolated position that it created in the last few years; especially due to the conflict with the Ukraine. The Syria conflict is something that all major countries should be concerned with. Having improved stability in the region is important for everybody. Right now, the ones that are suffering the most are the people of Syria that are trapped amidst the fights between the IS, various rebel groups and the troops of President Al Assad. The consequences of this ongoing conflict can be felt globally as waves of refugees flee the area trying to find shelter and stability in Europe and other places that offer them at least the chance for a better life. While this flood of refugees is creating short‐term challenges, especially for Europe, it would be naïve to think that this is only an isolated problem. A recent study shows that globally more than 200 million people are moving or are looking to move to other countries to flee from conflicts or to simply look for a better life for their families. Who can blame them? This makes also clear that this is a far bigger trend that goes way beyond the current situation with Syria. The developed world will face large challenges in coming years as it will get harder and harder to control borders and deal with millions of people who look to move away from their home countries.
providers have not met their targets set for getting ex-offenders into employment (CESI, 2013).One roundtable participant said “I had a degree in fashion design and did some dress making in prison. After I was released I told the Work Programme that I want to set up my own dress making business. They didn’t offer me any help, they put me to work in a supermarket rather than help me to do a refresher fashion course. It wasn’t until they referred me to Start Up that I got support for my business idea”. Work Programme providers are also not incentivised to reduce reoffending. Although employment is one aspect of desistance, this could lead to differing approaches between the CRC and the WP provider. For example, a CRC could plan for a service user to go to college to complete a level three qualification, alongside some practical volunteering in the short term to help keep them busy and desist from crime, with the longer term goal of securing employment with ‘skills, mastery or purpose’ that offers a living wage in the long term, that will help sustain desistance. However the WP provider will be incentivised to get that same person into employment, even if it does not involve any ‘skills, mastery or purpose’ or doesn’t lift them out of poverty.
12. This, said Keynes, is a better description of how a modern capitalist society actually works. Adam Smith had concentrated on a perfectly competitive farmers’ market and yes, there the quantities were fixed and the price were variable. But a farmers’ market is not a good basis on which to build a theory of a complex economy with monopolistic competition, that is, large corporations competing with each other. The lack of perfect competition meant that prices were more rigid than Smith had supposed. 13. In labor market, unions made sure that real wages were not flexible.
When choosing the Porsche Single Pay Lease, only a portion of the sales price is paid at the time of vehicle delivery, which means less immediate out-of-pocket expense compared to an outright cash purchase. By eliminating the large capital outlay of an outright vehicle purchase, you can enjoy a better cash position due to greater liquidity. Cash that otherwise would have been utilized for the outright purchase
Just because this is your relationship doesn’t mean you should try to solve the problem on your own. A boy- friend or girlfriend who is hurting you already doesn’t respect you in the way you deserve. Talk to an adult—a teacher, counselor, coach, or friend—who will stick with you. Ask- ing for help isn’t a sign of weakness. It’s about getting the support you deserve and making sure your boyfriend or girlfriend gets the mes- sage: Abuse is serious, and you deserve better. You can’t change them. And as much as you might want to help the person you care about get over their abusive behavior, you have to think of yourself first.
number of IOP-lowering medications in the TRA-I-Group increased from 1.17 ± 0.069 on day 7 to 1.41 ± 0.12 on day 14. On the contrary, the number in the TIM-I-Group on day 14 (1.33 ± 0.12) was similar to that on day 7 (1.32 ± 0.095), suggesting that the ef ﬁ cacy of travoprost decreased, while that of timolol was quite stable, from day 1 to 7. The decreased ef ﬁ cacy of travoprost for treatment of early-onset ocular hypertension secondary to vitrectomy from day 1 to day 7 is a novel ﬁ nding. The mechanism behind it is still unknown and needs further investigation. The number of IOP-lowering medications was 0.64 ± 0.17 in the TIM-I- Group and 1.15 ± 0.18 in the TRA-I-Group on day 21, and the difference was signi ﬁ cant (P = 0.038), suggesting better IOP control ef ﬁ cacy in the TIM-I-Group compared with the TRA-I-Group on day 21. The proportions of single IOP- lowering medication used during follow-up in the two groups were close (P = 0.692). We tested whether administering travoprost or timolol as the initial IOP-lowering medication affects the number of IOP-lowering medications using a logistic regression model and found the adjusted P value in this factor is 0.975. Overall, our results show that travoprost 0.004% doesn ’ t show a better ef ﬁ cacy that it presents in treating primary open angle glaucoma than timolol 0.5%, 11,28 and that the two drugs have comparable ef ﬁ cacy for the treatment of early-onset ocular hypertension second- ary to vitrectomy.
We fully acknowledge that the above-mentioned theoretical frameworks differ in their scope and assumptions. For instance, some two-system models restrict themselves to the purely cog- nitive domain (e.g., Evans, 2003; Sloman, 1996), whereas others are more concerned with the traditional distinction between reason and will (e.g., Loewenstein & O’Donoghue 2005; Slovic et al., 2002a, 2002b; Strack & Deutsch, 2004) and thus bear on affect and emotions. Two-system theories have also been pro- posed to explain phenomena in other areas, such as perception (e.g., Goodale & Humphrey, 1998), memory (e.g., Schacter & Tulving, 1994), self-control (Metcalfe & Mischel, 1999), and intertemporal choice (Fudenberg & Levine, 2006). It is not our intent to compare and contrast the existing models (see Evans, 2008; Osman, 2004, for reviews), nor to analyze any particular model in detail. Rather, we seek to investigate the implications of the ‘‘system’’ construct for the phenomena discussed by dual- system researchers. To this end, we use a generic model that captures the central tendencies of the diverse sets of dual-sys- tem models. To anticipate our conclusions, we propose that the different two-system theories lack conceptual clarity, that they are based on methodological methods that are questionable, and that they rely on insufficient (and often inadequate) empirical evidence. A main reason for this state of affairs is the failure to consider what a mental system is, which leads to the absence of stringent and transparent criteria to examine whether the mind consist of one, two, or perhaps multiple systems. We do not strive to answer the ‘‘number of systems’’ query, and we wonder whether the question is meaningful. Rather, our main goal is to propose some criteria that may assist in formulating the appro- priate questions (and possible answers) in a more rigorous manner than has been the case up to now.
Nevertheless, it remains the case that, when students have borrowed ideas and thoroughly digested them, it will be virtually impossible to establish that this is what they have done, rather than thinking up the ideas for themselves—and it is bad practice to make something illegal if it is unpoliceable. So to include the copying of ideas in a university definition of plagiarism merely complicates an issue which is difficult enough already. At Leeds, it is included in the definition10, and I asked the head of our Office of Academic Appeals and Regulation (who has had many years of experience in the role) whether there had ever been any plagiarism cases involving the copying of ideas. He said never. It always turned on copying from or paraphrasing texts. So why include this particular cog in the machine, if it never does any work? Indeed it can actually do harm to conscientious students, who will be worried about expressing their own ideas in case the same ideas could be
If perceptions or emotions are suspect at best, then we must be extremely wary in accepting what they tell us about God. Unfortunately, many believers seem unaware of this source of confusion and disillusionment. It is typical for vulnerable people to accept what they “feel” about the Lord at face value. But what they feel may reflect nothing more than a momentary frame of mind. Furthermore, the mind, the body, and the spirit are very close neighbors. One usually catches the ills of the next. If a person is depressed, for example, it affects not only his emotional and physical well‑being; his spiritual life suffers too. He may conclude, “God doesn’t love me. I just don’t feel His approval.” Likewise, the first thing an individual is likely to say when diagnosed with a threatening physical illness is, “Why would God do this to me?” These three faculties are inextricably linked, and they weaken the objectivity of our perception.
This is a quote by the world renowned experts David W. Johnson and his brother Roger T. Johnson. Cooperative Learning is a part of a group of teaching/ learning techniques where students interact with each other to acquire and practice the elements of a subject matter and to meet common learning goals. It is much more than just putting students into groups and hoping for the best. Cooperative Learning is a very formal way of structuring activities in a learning environment that includes specific elements intended to
Prior to the elections of 1980 for the United States Presidency the candidate of the Republicans, Ronald Reagan, pointed at the audience in a television debate and advised voters to ask themselves in the polling place: are you better of than you were four years ago? Ronald Reagan assumed that voters would make a retrospective judgment and that this retrospective judgment would have an impact on the likelihood of a vote for himself, in the case that the judgment was negative, or the incumbent president Jimmy Carter, in the case that the judgment was positive. Although Ronald Reagan spoke about the effects of Carters policies on the individual life of the voter (after all he advises to ask the question are you better off, in stead of are we, as in nation, better off) he also pointed at macro-level, by referring to the (un)employment. As will be shown in this thesis a more appropriate question would have been Are we better off than we were four years ago? Or more specific Is the economy better off than before? For the purpose of this thesis Reagans quote is adapted in order to cover the purpose of this study and used as title.
However, precisely because heuristics are shortcuts, or fast and frugal ways to proceed tentatively when there is not enough data and time to arrive at a definitive conclusion, they can be dan- gerous, and can sometimes take us to a wrong decision. As the cas- es we have examined show, in some instances they can even be deceptive. We are so used to employing them, almost without thinking, we can sometimes be more easily be persuaded by them than perhaps we should be, if there is time for more careful and deliberate rational thinking on how to proceed. The old system of cognition (the automatic and fast mind) uses a heuristic to jump to a conclusion. It might be right or might not. Under constraints of time, cost and lack of knowledge, it might be the way to go. But if there’s time, the new (controlled, conscious and slow) system can come in and ask critical questions, looking at logical considerations pro and contra. The old argument might stand up to this kind of scrutiny, or it might not.