Critically evaluate to what extent the ‘somatic-marker hypothesis’ explains how decisions are made in the face of an uncertain outcome. In mind of Kim Sterelny’s (2007) statement that ‘Human Life is one long decision tree’‚ it is not surprising that there has been a vast amount of research into the process of how we evaluate the desirability of alternative choices and select a particular option. One area of research‚ of particular interest here‚ is Damasio’s Somatic Marker Hypothesis (SMH) (1991) which
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Chemistry 12 - Lab 19A Flow Chart (Investigating Chemical Equilibrium) PART 1: Put on safety goggles and lab apron Obtain 2 (Empty‚ Clean‚ AND DRY) 250mL Erlenmeyer flasks. Add approx. 100mL of DISTILLED water and 1mL of thymol blue solution to each flask Record the colour of this solution in note book FIRST FLASK: add a single drop of 0.1M HCl. Swirl the contents of the flask and continue drop-by-drop addition until a definite colour change is observed. SECOND FLASK: will serve as
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The Application of the Input Hypothesis and the Affective Filter Hypothesis to Independent Colleges English Listening Teaching Chapter Ⅰ INTRODUCTION 1.1 Research Context In each language‚ listening plays a big role in our daily life‚ let alone English. Listening occupies the top position in the communication‚ for we always get the input first and then produce the output. Most of the information about the world we gain is through listening. Listening also occupies the central role in language
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Efficient market hypothesis (EMH)‚ first promulgated by Eugene F. Fama (1970)‚ suggests that financial markets price assets precisely at their intrinsic worth given all publicly available information. Though several empirical works strongly confirm market efficiency‚ some of the hypotheses do not agree with the efficient market hypothesis‚ such as behavior finance hypothesis. This essay will discuss the assumption of efficient market hypothesis and implications when these assumptions do not hold
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Auzius Kazombo Mwale Department of Accounting & Finance Testing the inefficient management hypothesis: Are United Kingdom mergers and acquisitions disciplinary? This thesis is provided in fulfilment of the requirements of the degree of Doctor of Philosophy at The University of Stirling May 2007 ACKNOWLEDGEMENTS I would like to thank various people to whom I am indebted for assisting me in producing this thesis. I am greatly indebted to Professor Robin Limmack for assisting me with the groundwork
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The 1920s was a decade of innovation and inspiration. From monumental changes in everyday life‚ to the new sense of freedom that infected the younger generation‚ the 20s changed how Americans thought‚ acted‚ and lived. The music of this decade was no exception. As the music industry entered the Jazz Age‚ it brought with it a wild‚ carefree mood that influenced Americans in every way possible. The powerful and distinct music popularized in the 1920s embodied the acceptance and celebration of new
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The growth machine hypothesis is very controversial‚ but it is also interesting to talk about. The majority of the elite groups as well as politicians make decisions based on the growth of their respective cities all the time. The elite groups have the majority of the say in regards to the growth of the cities in which they reside or work in. Politicians and these elite groups may be divided on political issues‚ but will usually agree that their cities need to be “growing” and when I say growing
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The 1960s is sometimes referred to as the "decade of protest" for good reason. There were a very high number of protests regarding a range of issues. The biggest movements at the time would have to be The Civil Rights movement and the anti-vietnam war movement. The 1960s started off with a new President‚ John F. Kennedy. After campaign and finally winning his presidency Kennedy began to try and create what History.com calls‚ “The most ambitious domestic agenda since the New Deal: the “New Frontier
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Empirical Challenges to the Efficient Market Hypothesis 1. Introduction Random walks observed in stock return series prior to the 1970s puzzled a number of financial theorists and practitioners. In 1970‚ this puzzle was resolved by Eugene Fama (1970) who argued that the random walks observed in the behaviour of stock return series could be attributed to market efficiency. Market efficient meant that investors could not consistently make risk-adjusted returns by making investment decisions
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International Journal of Economics and Finance Vol. 2‚ No. 2; May 2010 Efficient Market Hypothesis and Market Anomaly: Evidence from Day-of-the Week Effect of Malaysian Exchange Nik Maheran Nik Muhammad & Nik Muhd Naziman Abd. Rahman Faculty of Business Management‚ Universiti Teknologi Mara‚ Kelantan Kampus Kota Bharu‚ 15150‚ Kota Bharu‚ Kelantan Malaysia Tel: 60-12-966-5402 E-mail: nmaheran@kelantan.uitm.edu.my Abstract The movements of prices in the stock market are among a few
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