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Statistical illiteracy can have an enormously negative impact on decision making. This volume of collected papers brings together applied and theoretical research on risks and decision making across the fields of medicine, psychology, and economics. Collectively, the essays demonstrate why the frame in which statistics are communicated is essential for broader understanding and sound decision making, and that understanding risks and uncertainty has wide-reaching implications for daily life. Gerd Gigerenzer provides a lucid review and catalog of concrete instances of heuristics, or rules of thumb, that people and animals rely on to make decisions under uncertainty, explaining why these are very often more rational than probability models. After a critical look at behavioral theories that do not model actual psychological processes, the book concludes with a call for a "heuristic revolution" that will enable us to understand the ecological rationality of both statistics and heuristics, and bring a dose of sanity to the study of rationality.
These proceedings are devoted to a wide variety of both theoretical and experimental, areas in particle physics. The topics include neutrino and astroparticle physics, tests of the Standard Model and beyond, heavy quark physics, non-perturbative QCD, quantum gravity effects and cosmology, and the physics in the accelerators of the future.
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Based on recent advances in economics, especially those in behavioral economics, this book elucidates theoretically and empirically the mechanism of time-inconsistent decision making that leads to various forms of self-destructive behavior. The topics include over-eating and obesity, over-spending, over-borrowing, under-saving, procrastination, smoking, gambling, over-drinking, and other intemperate behaviors, all of which relate to serious social problems in advanced countries. In this book, the author attempts to construct a bridge between the basic theory of time discounting, especially as of hyperbolic discounting, and empirically observed “irrational (non-classical)” behavior in the various contexts just mentioned. The empirical validity of the theory is discussed using unique micro data as well as public macro data. The book proposes prescriptions for individual decision makers, whether sophisticated or naïve, to make better choices in self-control problems, and also provides policy makers with useful advice for influencing people’s decision making in the right directions. This work is recommended not only to general readers who seek to learn how to attain better self-regulation under self-control problems. It also helps researchers who seek an overview of positive and normative implications of hyperbolic discounting, and thereby reconstruct economic theory for a better understanding of actual human behavior and the resulting economic dynamics .
While communication is becoming increasingly multimodal, verbal language and its use in different communicative situations still hold centre-stage in many research circles. The articles in this book explore native and second languages from three vantage points: syntactic structure, their uses in professional settings, and second/foreign language pedagogy. Using different methods and methodologies, the contributions here draw on both theoretical and empirical data in order to investigate a series of language-internal and language-external factors that both account for the structural peculiarities of Romanian and English, and have a bearing on its translatability and learnability by students of English as a second language. Featuring the hands-on experience of teachers and learners in the Romanian context, this volume provides useful insights and illustrative examples of relevance to theorists and practitioners in language and communication-related fields.
Genesis English, for all classes and all people, have been planned and designed to teach the art of writing, learning and speaking to the children studying in schools or colleges. The students studying in these schools came from homes in which English is not their mother tongue. Special attention has been paid to the learning of grammar on composition. General vocabulary worked-out examples and everyday idiomatic and conversational sentences from a unique feature of the course. Special emphasis is laid on the tenses, Modern sentences, Basic Grammar, Vacabulary and words liable to be confused. Any suggestions for the improvement and changes will be thankfully received.