Prospect theory Prospect theory was developed by Daniel Kahneman and Amos Tversky in 1979 as a psychologically realistic alternative to expected utility theory. It allows one to describe how people make choices in situations where they have to decide between alternatives that involve risk‚ e.g. in financial decisions. Starting from empirical evidence‚ the theory describes how individuals evaluate potential losses and gains. In the original formulation the term prospect referred to a lottery.
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Real Estate Financing in Sylhet: Problems and Prospects Abstract: Real estate is a legal term that encompasses land along with improvements to the land such as buildings‚ fences‚ wells and other site improvements that are fixed in location immovable. Real estate in Sylhet is not everyone’s cup of tea‚ but it can be a real adventure for those who are willing to try it. This business is emerging in Sylhet with enormous momentum. Investors are investing there for earning profit‚ because it is mounting
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Located in West Africa and bordering the Atlantic‚ Nigeria is a big country that occupies 356‚667 square miles with a total population of 168 million. Nigeria is abundant in natural resources like coal‚ gold‚ lead‚ iron‚ salt‚ copper‚ and zinc‚ but it is best known as a big producer of oil. Thanks to its size‚ population‚ and resources‚ Nigeria is dubbed as “the giant of Africa” (Falola‚ 4). According to World Bank Data of 2010‚ Nigeria has an annual percentage growth rate as 8.0%‚ one of the world’s
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The Problems and Prospect of Ship Breaking Industry in Bangladesh: An Overview Presented by Iftekhar Uddin Chowdhury‚ PhD Professor of Sociology University of Chittagong Bangladesh Introduction • • • • Turn discarded ships into scrap Corrosive‚ noisy and dusty in nature Terrible working conditions Environment pollution due to emission of toxic and pollutant gases • Employment generation (about two hundred thousand workers) • Provide 70% raw materials for MS Rod • About
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REALLY THE PROBLEM OF NIGERIA: A CRITICAL EXPOSE OF THE EFFECTS OF 1914 AMALGAMATION ON NIGERIA. INTRODUCTION Chinua Achebe citing an Igbo proverb in his “There was a country” tells us that a man who does not know where the rain started to beat him cannot say where he dried his body. The rain that beat Nigeria began more than a decade ago‚ from the resolutions of the Berlin conference of 1884/1885 to the economic–driven amalgamation of the northern and southern protectorates of Nigeria in 1914 by
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ENTREPRENUERSHIP IN NIGERIA Entrepreneurial forces are relatively strong in this country‚ as the lack of jobs and a rise in poverty leave few other options for the Nigerian people. Although difficult due to a lack of resources‚ there are non-profit organizations such as the Fate Foundation in Nigeria that are dedicated to promote entrepreneurship. Apart from the information about Nigeria that is so widespread and often negative‚ there appears to be a recognition of the critical role and place of
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Journal of Economic Theory‚ 107:453–462.‚ 2002. [2] D.R. Appleton. May the best man win? Statistician)‚ 44(4):pp. 529–538‚ 1995. [3] P. Bonacich. Simultaneous group and individual centralities. Social Networks‚ 13:155–168‚ 1991. [4] K.A. Butler. Some problems in paired comparisons and goodness of fit for logistic regressions. PhD Thesis‚ Simon Fraser University‚ 1997. [5] L.C. Freeman‚ S.P. Borgatti‚ and D.R. White. Centrality in valued graphs: A measure of betweenness based on network flow. Social Networks
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Assessment 7: Business Planning (20.0 points) In Unit 7‚ you learned about forming a company purpose‚ making a business plan‚ and doing a SWOT analysis. Now‚ you’ll apply what you learned to analyze real companies and develop your own business idea. 1. Visit the Website for a well-known company‚ and find the unit that states its mission. Then answer the following questions about it. TIP: If the company’s Web site doesn’t describe its mission‚ choose a different company. a. What is the name of
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Title: The journey of a successful entrepreneur Assignment topic: Select an entrepreneur who has had measurable success with at least one venture. The situation involved could be a new business venture‚ a new product or a new process but it should represent a significantly new direction for the entrepreneur. Write a short report about what happened and how it confirms or disconfirms the principles in your textbook‚ emphasising: * The historical background and environmental conditions
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importation and exportation of goods and services. Many countries in the world are faced with problems engaging in international trade successfully. However international trade is one of the major determinants of a countries economic growth. Ideally every country should export more goods and services than it import goods and service. This differs on the natural resources‚ technology and labour force. Nigeria is Africa’s most populous country with a population of over 150 million people. It is one of
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