Certainty Certainty is the belief in yourself that you can empower anything. Doubt is the fear of failure and is what the mass majority are overcome with. Certainty is the inner strength that everyone has‚ just not many want to express‚ that is why there are leaders and followers‚ strong and the weak‚ living and the dead. With inner strength your capabilities are limitless but when there is doubt‚ there is nothing. Doubt is one obstacle in a world filled with a plethora of them. Doubts
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50% probability‚ respectively. Question: will we prefer the actuarial value of the gamble (i.e. its expected outcome = 50%(16+4)=$10) with certainty or the gamble it self ? 1. The person who prefers the gamble is a risk lover 2. The person who is indifferent is risk neutral 3. The person who prefers the expected value with certainty is risk averse 4 3-C-Establishing a definition of risk aversion Example : Flipping a (fair) coin (i.e. probability = 50% for each side)
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If trust does not meet test of certainty it will fail/be void If trust to be valid must meet three certainties: (Knight v Knight) Certainty of intention Certainty of subject matter Certainty of objects/beneficiaries Fundamental principle: the trust must be capable of being controlled + enforced There must be “sufficient practical certainty in [the trust’s] definition for it to be carried out‚ if necessary with the administrative assistance of the court‚ according to the expressed intention
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Marion’s passage exemplifies his thoughts on certainty and assurance. In philosophy certainty and knowledge are considered the same. To be certain is to have knowledge and to recognize the significance of being. Assurance is synonymous with significance of being. To be assured is to be recognized and to have your existence acknowledged. In his writings‚ Marion examines existence and its relativity to love. Marion tries to determine if certainty comes from him or if it is established by others. He
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Understood Complexity: Ibsen’s ‘An Enemy of the People’ E:CO Issue Vol. 11 No. 3 2009 pp. 1-15 Academic Understood Complexity: Ibsen’s ‘An Enemy of the People’—On Complexity‚ Sense-Making‚ Understanding‚ and Exit/Voice/Loyalty Tom Eide Diakonhjemmet University College‚ NOR ‘Understood complexity’ is a term of Albert Hirschman (1976) whose economicpolitical theory of ‘exit’ (‘vote with your feet’) versus ‘voice’ (feedback or use your influence for change) (1970)‚ has often been
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state of mind than certainty’ Discuss. In the play 12 Angry Men‚ Reginald Rose uses comparisons between the characters to show that doubt can be an easier stance‚ then to be certain. At the beginning Rose uses the alienation of juror 8 to depict certainty to be an easier state of mind but as the story progresses the readers are shown negative changes in attitude for the jurors that are certain therefore showing doubt is an easier state of mind in the long run. Juror 3’s certainty is quickly dismissed
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Decision Making Under Certainty‚ Uncertainty & Risk Principles of management UPG SYBMS- B Introduction • Decision making is the major responsibility of a manager‚ regardless of his or her functional area or level in the organization • In any disaster-related program‚ the goal should be to provide a framework for decision makers to effectively analyze a complex situation containing numerous alternatives and possible consequences and to arrive at the best possible choice with a minimum of delay
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Period 7 Question 3 Being certain about something can sometimes be misleading or misunderstood. You either assure certainty or question doubt. You can easily be a cocky football player‚ think you have the best team‚ and go into the game knowing you’re going to win and have no doubt that the other team is better than you‚ but end up losing. But as soon as you have doubt and get intimidated by the other team you instantly try your best to win the game‚ no matter the obstacles and challenges
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person needs a sense of assurance in which to make a decision. One’s failure to take a position due to a lack of security does not necessarily constitute a disadvantage. On the contrary‚ even though one’s certainty in a situation may build confidence‚ the benefits of doubt outweigh those of certainty‚ for not only does doubt provide hope and allow one to have conversations with others without the presence of biased thoughts‚ it also leads to the much progressed legal system that exists today. The
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greater extent‚ certainty. This desire to understand has given way to a multitude of discoveries and convictions throughout the course of human history. Although‚ William Lyon Phelps and Bertrand Russell had differing views on the nature of doubt and certainty it is only through the original state of doubt that one could gain the status of certainty- or at least to some degree. What qualifies as certainty itself is unstable‚ since every person comes to the conclusion of certainty in a
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