hypothesis states that if one or more of the following assumption holds‚ the market will be efficient. It first assumes that investors act rationality. It means that everyone in the stock market will adjust their expectation on the stock price in a rational way after new information announced. EMH also assumes that some investors are independently deviate from rationality meaning they are over optimistic and some of them are over pessimistic over the stock price. As their actions are random‚ these will
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Part A: 1. Organization’s commitment to social responsibility takes the form of policies or pronouncements on what the organization intends to do to address its social impact in the community where it operates‚ which includes its stakeholders‚ suppliers and the general public. As such‚ a key requirement in implementing an organization’s commitment to social responsibility is the buy-in from the board and the top executives which make the policies‚ and the support of the middle-management and employees
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Home [pic]http://jayhanson.us/america.htm [pic] Decision Making and Problem Solving by Herbert A. Simon and Associates Associates: George B. Dantzig‚ Robin Hogarth‚ Charles R. Piott‚ Howard Raiffa‚ Thomas C. Schelling‚ Kennth A. Shepsle‚ Richard Thaier‚ Amos Tversky‚ and Sidney Winter. Simon was educated in political science at the University of Chicago (B.A.‚ 1936‚ Ph.D.‚ 1943). He has held research and faculty positions at the University of California (Berkeley)‚ Illinois Institute of Technology
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Greeks by providing a “Method” of sure‚ certain‚ self-certifying knowledge not dependent on Tradition.4 c) Modernity rejected Traditional religion‚ and decided to place Reason on the throne with the Senses as executives and informants. Critical Rationality and empiricism thus became the
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organizational rationality‚ and the goal rationality is to increase the production of wealth in terms of real goods and services. Dominant Model‚ Metaphor‚ Underlying Assumptions: 1. Organizations are rational institutions whose primary purpose is to accomplish established objectives; rational organizational behavior is achieved best through systems of defined rules and formal authority. Organizational control and coordination are key for maintaining organizational rationality (p.197).
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is an indescribable and inexpressible feeling. It can affect a person to the point of recklessness. Once a soul has realized its counterpart in another‚ the effects can cause one to surrender themselves completely. Judgment becomes clouded and rationality no longer exists. In the end‚ all that remains is pure‚ undefinable emotion. This emotion is what fuels the person. Love is why almost everybody on Earth looks forward to tomorrow. Those who lack it will try to look for it. Those who have it‚ will
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Thomas Hobbes and John Locke both sought to explain the behavior of humans in the purest form. In comparing and contrasting their theories‚ one begins to realize the extent to which these philosophers agreed and disagreed. While Hobbes states that human nature is malicious and requires a sovereign‚ Locke explains how humans are benelovant and pastoral with no motivation to advance. In Hobbes’ theory of a natural state‚ people live with no sense of government or law‚ forcing society into chaos and
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can consist only in the power of doing what we ought to will‚ and in not being constrained to do what we ought” (11.3). If the law is rational‚ then following the law is that which best promotes freedom precisely because it is in accordance with rationality. However‚ this begs the question of what is meant by rational law and whether living
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first Categorical Imperative‚ he speaks of using logic for deciding universal law‚ but doesn’t specify who should be considered when applying the question‚ is it good for everyone? With Kant’s second Categorical Imperative‚ it is clear he believes rationality should be used for the sake of other rational beings‚ humans. Kant obviously omits animals or any other “object” free of the ability to act independently and rationally. Essentially what Kant clarifies in the second Categorical Imperative is that
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Wed.‚ Nov. 21 LEOPOLD’S LAND ETHIC - ecological dependence: everything has a land period - top to bottom: pure carnivore‚ insectivores‚ insects‚ plants‚ soil - reps the trophic lvl; energy flow increases as you go higher up through the ecological system in the pyramid - we are part of an ecological system (complex system) - history of morality: expanding moral consideration = expanding the individuals who count (i.e.‚ wife‚ children‚ etc.)‚ the fence of community and duty; builds up
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