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Network-Centric Meaning-Driven Human-Centric AI-Cyber Computing Beyond Data-Driven to Event-Driven Architectures for Quantum Uncertainty, 1995-2023:Building upon the contextual focus of current global worldwide discussions on GPT, ChatGPT, GenAI, Generative AI, Large Language Model - LLMs, we...
Persistent link: https://www.econbiz.de/10014348003
We demonstrate the use of comparative studies to resolve endogeneity issues. We provide a simple way to statistically test the corresponding condition which can help to ascertain that endogeneity is not posing any issues in a regression analysis. We give a step by step guide that can be...
Persistent link: https://www.econbiz.de/10014353411
Goal: ISO 31000 Risk Management (RM) recently re-defined risk as the effect of uncertainty on an organization's ability to meet the objectives. Earlier, it defined risk as a combination of the probability and scope of the (predicted) consequences. The revised ISO Risk advances beyond a static...
Persistent link: https://www.econbiz.de/10014256748
Persistent link: https://www.econbiz.de/10013133364
Why were the rating agencies trusted? When they became required for Federal deposit insurance their incentives for upward bias was common knowledge. The requirement was attacked by a Chicago economist, Melchior Palyi, on philosophical grounds (the expertise is excessively secret) and technical...
Persistent link: https://www.econbiz.de/10013137561
Why were the rating agencies trusted? When they became required for Federal deposit insurance their incentives for upward bias was common knowledge. The requirement was attacked by a Chicago economist, Melchior Palyi, on philosophical grounds (the expertise is excessively secret) and technical...
Persistent link: https://www.econbiz.de/10013137832
Amicus Brief submitted in the Bankruptcy of Lyondell Chemical Company, analyzing fraudulent transfer issues by applying the techniques developed in "Leveraged Buyout Bankruptcies, the Problem of Hindsight Bias, and the Credit Default Swap Solution" - http://ssrn.com/abstract=1632084
Persistent link: https://www.econbiz.de/10013119900
Macroeconomic indicators – especially inflation, GDP growth, public deficits and unemployment – stand central in economic governance. Policymakers use them to assess their economies' health. Citizens evaluate politicians' performance using them as yardsticks. But these indicators defy simple...
Persistent link: https://www.econbiz.de/10013015515
Global competition is the services or products provided by competing companies that serve international customers. Competition on a local scale where people are competing against one another for one common goal - the best in their core competency. Global competition has allowed companies to buy...
Persistent link: https://www.econbiz.de/10012977189
Although area of economics associated with economic evolution has become established during the last couple of decades, its objectives and potentials can most easily be understood on the background of the work of Joseph A. Schumpeter. The fundamental objective of evolutionary economics is to...
Persistent link: https://www.econbiz.de/10013014157