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A Rational Risk Policy? Why Path Dependence Matters [PDF]
Entropy, 2023 The Kelly criterion determines optimal bet sizes that maximize long-term growth. While growth is definitely an important consideration, the focus on growth alone can lead to significant drawdowns, leading to psychological discomfort for a risk-taker ...
Hans Geboers, Benoît Depaire
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Portage and Path Dependence. [PDF]
Q J Econ, 2012 We examine portage sites in the U.S. South, Mid-Atlantic, and Midwest, including those on the fall line, a geomorphological feature in the southeastern U.S. marking the final rapids on rivers before the ocean. Historically, waterborne transport of goods required portage around the falls at these points, while some falls provided water power during ...
Bleakley H, Lin J.
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A Variational Formulation for Irreversible Thermodynamics with Path Dependence [PDF]
EntropyThis work introduces a path-dependent energy Lagrangian for irreversible thermomechanics that embeds heat and entropy accounting directly into the action. The formulation requires neither Lagrange multipliers nor Rayleigh potentials.
Huilong Ren
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The relationship between physical exercise and mobile phone dependence in college students: the chain mediating of self-control and social adaptability [PDF]
BMC PsychologyPurpose This cross-sectional study aimed to examine the mediating effects of self-control and social adaptability on the association between physical exercise and mobile phone dependence among college students.
Chenglong Li +3 more
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Frontiers in Water, 2021 Technocratic decision making has been long criticized for dampening participation and limiting the range of adaptive choices through its overreliance on infrastructure-based solutions. There has been growing attention to how technocratic approaches shape
Stefania Almazán-Casali +2 more
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Journal of African Economies, 2021 Abstract The average prevalence of disability in most African countries is 10%, but for many it exceeds the global disability prevalence rate of 15%. The extent to which this disability capturing functional and activity limitations results in permanent job loss, lowered lifetime income and assets, in part, depends upon the extent to ...
Neha, Agarwal +2 more
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Framing as Path Dependence [PDF]
Economics and Philosophy, 2004 A framing effect occurs when an agent's choices are not invariant under changes in the way a decision problem is presented, e.g. changes in the way options are described (violation of description invariance) or preferences are elicited (violation of procedure invariance). Here we identify those rationality violations that underlie framing effects.
Gold, Natalie, List, Christian
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THE HUNGARIAN FOOTWEAR INDUSTRY IN GLOBAL PRODUCTION NETWORKS: THE CASE STUDY OF BERKEMANN HUNGARY [PDF]
Acta Geographica Debrecina. Landscape & Environment Series, 2016 The highly internationalized, labour-intensive footwear industry showed two spectacular declines and significant restructuring in Hungary after the change of regime. In accordance with the approach the authors investigate, this phenomenon is associated
ERNŐ MOLNÁR, ISTVÁN MÁTÉ LENGYEL
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Individual to collective adaptation through incremental change in Colorado groundwater governance
Frontiers in Environmental Science, 2022 Designing adaptive institutions for achieving sustainable groundwater use is a central challenge to local and state governments. This challenge is exacerbated by the growing impacts and uncertainty of climate change on water resources.
Jonathon R. Loos +6 more
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The Tracking of Industrial and Digital Revolutions and the Importance of Human Capital Development [PDF]
Ovidius University Annals: Economic Sciences Series, 2021 The following paper highlights new approaches of comprehending the core aspect of human capital development within the ongoing process of new technological development era. The literature review dwells with headlining key aspects in relation to education
Robert Daniel Stanescu +1 more
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