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We introduce a computer program which calculates an agent’s optimal behavior according to Case-based Decision Theory (Gilboa and Schmeidler, 1995) and use it to test CBDT against a benchmark set of problems from the psychological literature on human classification learning (Shepard et al.,...
Persistent link: https://www.econbiz.de/10011258337
An important line of recent literature has found gender differences in attitudes toward competition, with men being more likely to choose competitive incentive schemes, even when factors such as ability and risk aversion are controlled for. This paper examines the effect of information on the...
Persistent link: https://www.econbiz.de/10008854705
Informatics, especially the Internet, represents a new approach for the teacher interested in new methods of teaching foreign languages. More and more attracted to the Internet, the students will combine what is necessary with what is pleasant in learning rapidly a language for special purposes....
Persistent link: https://www.econbiz.de/10008854890
The present paper deals with the problems verbal communication conducts to in the tourism sector. Language plays a major role in determining the causes and the means of overcoming communication barriers. The theoretical part of the present paper sustains the importance of various elements verbal...
Persistent link: https://www.econbiz.de/10008854900
The present paper explores the genre of restaurant menus by analyzing existing online lists of breakfast, lunch and dinner options. It shows that a menu is a reflection of the restaurant itself and its vocabulary, whether formal, casual or playful, matches the restaurant concept, location or...
Persistent link: https://www.econbiz.de/10008854907
In the context of the knowledge based economy, more and more organizations discover again the unexhausted force of human resources as the active, creative and innovational factor of modern society. The powerful development of the information and communication technology has favored and imposed...
Persistent link: https://www.econbiz.de/10008854942
In the emergence of information economy and the global discourse of the new era of Knowledge Based Society, not only organizational culture debates, but also the information technology topic find their ways to the management concerns and initiatives. Thus, the general level being management and...
Persistent link: https://www.econbiz.de/10008854960
In Business English, the technique of chunking and its linguistic expression largely contributes to the business model of communication. Precision questions are undoubtedly one of the most powerful tools for enriching the process of communication and identifying people`s language preferences....
Persistent link: https://www.econbiz.de/10008855037
The goal of this paper is to discuss the issues of ethics, moral hazard and behavior in banking regulation of the global financial system. The paper is focused on the specific characteristics of ethical banks, compared with those of traditional ones, and provides a picture of the extent of this...
Persistent link: https://www.econbiz.de/10008855131
Using peer-to-peer (P2P) lending as an example, we show that learning by doing plays an important role in alleviating the information asymmetry between market players. Although the P2P platform (Prosper.com) discloses part of borrowers' credit histories, lenders face serious information problems...
Persistent link: https://www.econbiz.de/10008855217