Results 31 to 40 of about 39,907 (130)
On the notion of reconstruction of quantum theory
What belongs to quantum theory is no more than what is needed for its derivation. We argue for an approach focusing on reconstruction rather than interpretation of quantum mechanics and analyze several examples of reconstruction.
Grinbaum, Alexei
core +1 more source
Quantum Mechanics Unscrambled [PDF]
Is quantum mechanics about 'states'? Or is it basically another kind of probability theory? It is argued that the elementary formalism of quantum mechanics operates as a well-justified alternative to 'classical' instantiations of a probability calculus ...
Delhotel, Jean-Michel
core +3 more sources
Comprehension of implied meaning in Chinese second language listening
Abstract Listening comprehension is crucial for second language (L2) communication and acquisition. However, it has received less attention than reading, given the transient nature of speech signals and the intangible cognitive processes involved in it.
Jiafan Zhang, Wei Cai
wiley +1 more source
Evidence Gathering Under Competitive and Noncompetitive Rewards
ABSTRACT Reward schemes may affect not only agents' effort but also their incentives to gather information in order to reduce the riskiness of the productive activity. In a laboratory experiment using a novel task, we find that the relationship between incentives and evidence gathering depends critically on the availability of information about peers ...
Philip Brookins +2 more
wiley +1 more source
Mutual fund director compensation
Abstract We examine director compensation using a large sample of hand‐compiled U.S. mutual fund data. We find that director compensation is positively correlated with observable productive characteristics—workload, experience, and demographics—that capture the benefits from the directors’ monitoring effort.
John Adams +2 more
wiley +1 more source
The Thayer Method: Student Active Learning with Positive Results [PDF]
Graduation from West Point requires successful completion of four courses in the mathematical sciences. These core mathematics courses include topics in discrete dynamical systems, differential and integral calculus (single variable and multivariable ...
Connors, E.
core +1 more source
Model Ambiguity versus Model Misspecification in Dynamic Portfolio Choice
ABSTRACT We study aversion to model ambiguity and misspecification in dynamic portfolio choice. Risk‐averse investors (relative risk aversion γ>1$\gamma > 1$) fear return persistence, while risk‐tolerant investors (0<γ<1$0<\gamma <1$) fear mean reversion, when confronting model misspecification concerns of identically and independently distributed (IID)
PASCAL J. MAENHOUT +2 more
wiley +1 more source
Driven by risk: Understanding reference‐dependent preferences using simulated auto racing
Abstract Using data from over 56,000 simulated auto races worldwide, we analyze risk‐taking at the margins, consistent with reference‐dependent preferences. We show that participants' risk‐taking changes when a desired intermittent outcome is presented, sometimes at the expense of a more favorable expected end state.
James Hilliard +2 more
wiley +1 more source
Welfare implications of fair and accountable insurance pricing
Abstract This paper introduces an empirical framework to evaluate the welfare implications of fair and accountable insurance pricing by modeling the complete pricing process, including demand and price optimization. Moving beyond traditional cost modeling, we analyze both discrimination‐related fairness criteria and broader regulatory constraints, such
Fei Huang, Hajime Shimao
wiley +1 more source
Probability and Uncertainty in Economic Modeling, Second Version [PDF]
Economic modeling assumes, for the most part, that agents are Bayesian, that is, that they entertain probabilistic beliefs, objective or subjective, regarding any event in question.
Andrew Postlewaite +2 more
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