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Naïve Diversification
Naïve diversification is a choice heuristic (also known as "diversification heuristic"). Essentially, when asked to make several choices at once, people tend to diversify more than when making the same type of decision sequentially. Its first demonstration was made by Itamar Simonson in marketing in the context of consumption decisions by individuals. It was subsequently shown in the context of economic and financial decisions. Simonson showed that when people have to make simultaneous choice (e.g. choose now which of six snacks to consume in the next three weeks), they tend to seek more variety (e.g., pick more kinds of snacks) than when they make sequential choices (e.g., choose once a week which of six snacks to consume that week for three weeks). Subsequent research replicated the effect using a field experiment: on Halloween night, young trick-or-treaters were required to make a simultaneous or subsequent choice between the candies they received. The results showed a strong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heuristics In Judgment And Decision Making
Heuristics (from Ancient Greek εὑρίσκω, ''heurískō'', "I find, discover") is the process by which humans use mental shortcuts to arrive at decisions. Heuristics are simple strategies that humans, animals, organizations, and even machines use to quickly form judgments, make decisions, and find solutions to complex problems. Often this involves focusing on the most relevant aspects of a problem or situation to formulate a solution. While heuristic processes are used to find the answers and solutions that are ''most'' likely to work or be correct, they are not always right or the most accurate. Judgments and decisions based on heuristics are simply good enough to satisfy a pressing need in situations of uncertainty, where information is incomplete. In that sense they can differ from answers given by logic and probability. The economist and cognitive psychologist Herbert A. Simon introduced the concept of heuristics in the 1950s, suggesting there were limitations to ratio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Remco Zwinkels
Remco Industries Inc. was an American toy company. Founded in 1949, it is known for toys integrating technology and innovation from their inception. The company's slogan in its early TV commercials was, "Every Boy Wants a Remco Toy...And So Do Girls!" History In 1984, Remco nearly acquired the World Wrestling Federation (WWF) toy license, but lost out to LJN. Bankruptcy & Sale In 1997, Jakks Pacific acquired Remco and AHI's Child Guidance from Azrak-Hamway. Under Jakks Pacific, the brand was absorbed into its other products. Toys 1950s *1950s Space Commander Walkie Talkies *1953 Medicine Chest *1955 Big Max (magnetic robot that picked off iron slugs from battery operated conveyor belt and placed them the bed of a small toy truck) *1957 Firebird 99 battery powered dashboard game. *1957 Pom Pom Gun, battery powered double-barrel cannon. *1958 Giant Wheel Cowboys'n Indians Game *1958 Giant Wheel Thrills'n Spills Horse Race Game *1959 Coney Island Penny Machine (Combinatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Markets
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets as commodities. The term "market" is sometimes used for what are more strictly ''exchanges'', that is, organizations that facilitate the trade in financial securities, e.g., a stock exchange or commodity exchange. This may be a physical location (such as the New York Stock Exchange (NYSE), London Stock Exchange (LSE), Bombay Stock Exchange (BSE) or Johannesburg Stock Exchange (JSE Limited)) or an electronic system such as NASDAQ. Much trading of stocks takes place on an exchange; still, corporate actions (mergers, spinoffs) are outside an exchange, while any two companies or people, for whatever reason, may agree to sell the stock from the one to the other without using an exchange. Trading of currencies and bonds is largely on a bi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cognitive Psychology
Cognitive psychology is the scientific study of human mental processes such as attention, language use, memory, perception, problem solving, creativity, and reasoning. Cognitive psychology originated in the 1960s in a break from behaviorism, which held from the 1920s to 1950s that unobservable mental processes were outside the realm of empirical science. This break came as researchers in linguistics and cybernetics, as well as applied psychology, used models of mental processing to explain human behavior. Work derived from cognitive psychology was integrated into other branches of psychology and various other modern disciplines like cognitive science, linguistics, and economics. History Philosophically, ruminations on the human mind and its processes have been around since the times of the Ancient Greece, ancient Greeks. In 387 BCE, Plato had suggested that the brain was the seat of the mental processes. In 1637, René Descartes posited that humans are born with innate ideas and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Journal Of Research In Marketing
''International Journal of Research in Marketing'' is a quarterly peer-reviewed academic journal published by Elsevier. It is an official journal of the European Marketing Academy and the editor-in-chief is Martin Schreier (Vienna University of Economics and Business). The journal was established in 1984. Abstracting and indexing The journal is abstracted and indexed in: According to the ''Journal Citation Reports'', the journal has a 2021 impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a type of journal ranking. Journals with higher impact factor values are considered more prestigious or important within their field. The Impact Factor of a journa ... of 8.047. References External links * {{Official website, http://www.journals.elsevier.com/international-journal-of-research-in-marketing/ Marketing journals English-language journals Elsevier academic journals Quarterly journals Academic journals established in 1984 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bond (finance)
In finance, a bond is a type of Security (finance), security under which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the Maturity (finance), maturity date and interest (called the coupon (bond), coupon) over a specified amount of time.) The timing and the amount of cash flow provided varies, depending on the economic value that is emphasized upon, thus giving rise to different types of bonds. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and Share capital, stocks are both Security (finance), securities, but the major difference between the two is that (capital) stockholders h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity (finance)
In finance, equity is an ownership interest in property that may be subject to debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity. Equity can apply to a single asset, such as a car or house, or to an entire business. A business that needs to start up or expand its operations can sell its equity in order to raise cash that does not have to be repaid on a set schedule. When liabilities attached to an asset exceed its value, the difference is called a deficit and the asset is informally said to be "underwater" or "upside-down". In government finance or other non-profit settings, equity is known as "net position" or "net assets". Origins The term "equity" describes this type of ownership in English because it was regulated through the system of equity law that devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Fund
A mutual fund is an investment fund that pools money from many investors to purchase Security (finance), securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond fund, bond or fixed income funds, stock fund, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. The primary structures of mutual funds are open-end funds, closed-end funds, and unit investment trusts. Over long durations, passively managed funds consistently outperform actively m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Catholic University Of Portugal
The Catholic University of Portugal ( Portuguese: ''Universidade Católica Portuguesa'', pronounced nivɨɾsiˈðad(ɨ) kɐˈtɔlikɐ puɾtuˈɣezɐ, also referred to as Católica or UCP for short, is a concordat university (non-state-run university with concordat status) headquartered in Lisbon and with four locations: Lisbon, Braga, Porto and Viseu. Besides the four centres in Portugal, UCP also has the University of Saint Joseph in Macau as its affiliate. It was recognized as the best Portuguese university according to the Times Higher Education World University Rankings, from 2021 to 2023, with more than 20,000 students. The current and 6th rector of UCP is Professor Isabel Capeloa Gil. Católica in Figures Students: 13,026 students (Degree-Granting Programmes); 7,549 postgraduate students (non degree-granting programmes). Faculty: 1,109 faculty members; 251 international faculty members. Degrees awarded: 44,686 undergraduate; 20,387 masters; 1,017 doctoral. Study ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Economic Behavior And Organization
The ''Journal of Economic Behavior and Organization'' is an academic journal published by Elsevier. It was started in 1980 by North-Holland, later merged into Elsevier. It publishes research on economic decision and behaviour influence organizations and markets. Abstracting and indexing The journal is abstracted and indexed in the Social Sciences Citation Index. According to the ''Journal Citation Reports'', the journal has a 2020 impact factor of 1.635, ranking it 225th out of 376 journals in the category "Economics". See also * List of economics journals The following is a list of scholarly journals in economics containing most of the prominent academic journals in economics. Popular magazines or other publications related to economics, finance, or business are not listed. A *''Affilia'' *''Af ... References External links * Economics journals English-language journals Academic journals established in 1980 Elsevier academic journals Monthly journals ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Behavioral Finance
Behavioral economics is the study of the psychological (e.g. cognitive, behavioral, affective, social) factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economic theory. Behavioral economics is primarily concerned with the bounds of rationality of economic agents. Behavioral models typically integrate insights from psychology, neuroscience and microeconomic theory. Behavioral economics began as a distinct field of study in the 1970s and 1980s, but can be traced back to 18th-century economists, such as Adam Smith, who deliberated how the economic behavior of individuals could be influenced by their desires. The status of behavioral economics as a subfield of economics is a fairly recent development; the breakthroughs that laid the foundation for it were published through the last three decades of the 20th century. Behavioral economics is still growing as a field, being used increasingly in res ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martijn Van Den Assem
Martijn (), occasionally written as Martyn, Martain or Martein, is a Dutch given name. It is a cognate of Martin, and ultimately derived from the Roman Martinus.In Icelandic, the name is written as Marteinn. The feminine form is Martina. Martijn * Martijn Bolkestein (born 1972), Dutch politician * Martijn Buijsse (born 1981), Dutch politician * Martijn Garritsen (born 1996), Dutch musician * Martijn Krabbé (born 1968), Dutch actor * Martijn Maaskant (born 1983), Dutch racing cyclist *Martijn Meerdink (born 1976), Dutch association football player * Martijn Meeuwis (born 1982), Dutch baseball player * Martijn Monteyne (born 1984), Belgian association football player * Martijn Padding (born 1956), Dutch composer *Martijn Reuser (born 1975), Dutch association football player * Martijn Spierenburg (born 1975), Dutch keyboardist * Martijn ten Velden, Dutch DJ and music producer * Martijn van Dam (born 1978), Dutch engineer and politician * Martijn van Helvert (born 1978), Dutch polit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
