Prudent Decision Making in an Imprudent World
Prudent Decision Making in an Imprudent World

Author: Patrick Gould

Publisher: Bloomsbury Publishing USA

Published: 2009-07-08

Total Pages: 208

ISBN-13: 0313372322

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A practical guide to making better decisions in all aspects of life, based on extensive research and a wide range of historic and current examples. Combining clearly communicated research-based principles, a wealth of practical advice, and dozens of historic and contemporary examples of decision making (good and bad), Patrick Gould's Prudent Decision Making in an Imprudent World: Better Decisions at Home and Work gives readers a fresh new way to look at the way we make choices. What makes Gould's book both authoritative and compelling is its distinctive foundation—prospect theory—derived from Amos Tversky and Nobel laureate Daniel Kahneman's landmark research on "neuro-economic" decision making. Through the prism of prospect theory—which explains why people make conservative decisions in some instances and reckless decisions in others—Gould provides practical pathways to sound, timely judgments about relationships, family matters, careers, finances, and more. Time and again, throughout this concise but richly rewarding book, Gould demonstrates that understanding how and why people make choices is the first step toward making the best possible choices for ourselves.

Responsible and Sustainable Business
Responsible and Sustainable Business

Author: Liangrong Zu

Publisher: Springer Nature

Published: 2022-02-16

Total Pages: 327

ISBN-13: 3030911179

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This book claims that CSR is the Tao of sustainable enterprise development. It examines the intersection of practical wisdom of Taoism, CSR and Sustainability, looking at the theoretical and historical implications associated with a Taoist approach to CSR, sustainability and responsible leadership. Implications for sustainable enterprise development will be presented. The book analyzes perspectives found in Taoist classical texts and within the larger Chinese cultural context in order to delineate key issues found in the classical texts. Through these analyses, the book assesses the applicability of modern-day Taoism thought and practice in China and the West with respect to the contemporary sustainability situation. The book also explores the values, ideas and practices Taoism offers to inspire a new generation of leaders, and particularly business leaders to manage companies in a more social and sustainable way.

Medical Decision Making
Medical Decision Making

Author: Stefan Felder

Publisher: Springer Nature

Published: 2022-04-04

Total Pages: 330

ISBN-13: 3662646544

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This textbook offers a comprehensive analysis of medical decision-making under uncertainty by combining test information theory with expected utility theory. The authors show how the parameters of Bayes’ theorem can be combined with a value function of health states in order to arrive at informed test and treatment decisions in the face of diagnostic and therapeutic risks. Distinguishing between risk-neutral, risk-averse, and prudent decision-makers, they demonstrate the effects of risk preferences on medical decisions. Furthermore, they analyze individual and multiple tests as well as diagnostic models in which the decision-maker chooses the test outcome. The consequences of test and treatment decisions for the patient are encompassed by quality-adjusted life years (QALYs) and the standard economic model, which applies the willingness to pay for health approach. Lastly, non-expected utility models of choice under risk and uncertainty are presented. Although these models can explain some of the test and treatment decisions observed, they are less suitable for normative analyses aimed at providing guidance on medical decision-making. This third edition provides extensively revised versions of all chapters and reflects recent innovations in medical decision-making such as decision curve analysis. New chapters focus on the health economics of and revealed preferences in medical decisions. The book is intended for students of (health) economics and medicine as well as for medical decision-makers and physicians dealing with uncertainty in their test and treatment decisions.

The Virtuous Physician
The Virtuous Physician

Author: James A. Marcum

Publisher: Springer Science & Business Media

Published: 2012-01-02

Total Pages: 252

ISBN-13: 9400727062

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Although modern medicine enjoys unprecedented success in providing excellent technical care, many patients are dissatisfied with the poor quality of care or the unprofessional manner in which physicians sometimes deliver it. Recently, this patient dissatisfaction has led to quality-of-care and professionalism crises in medicine. In this book, the author proposes a notion of virtuous physician to address these crises. He discusses the nature of the two crises and efforts by the medical profession to resolve them and then he briefly introduces the notion of virtuous physician and outlines its basic features. Further, virtue theory is discussed, along with virtue ethics and virtue epistemology, and specific virtues, especially as they relate to medicine. The author also explores the ontological priority of caring as the metaphysical virtue for grounding the notion of virtuous physician, and two essential ontic virtues—care and competence. In addition to this, he examines the transformation of competence into prudent wisdom and care into personal radical love to forge the compound virtue of prudent love, which is sufficient for defining the virtuous physician. Lastly, two clinical case stories are reconstructed which illustrate the various virtues associated with medical practice, and it is discussed how the notion of virtuous physician addresses the quality-of-care and professionalism crises.

Energy Policy and Security under Climate Change
Energy Policy and Security under Climate Change

Author: Filippos Proedrou

Publisher: Springer

Published: 2018-05-02

Total Pages: 208

ISBN-13: 3319771647

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This book analyses the trilemma between growth, energy security and climate change mitigation and, breaking from scholarly orthodoxy, challenges the imperative that growth must always come first. It sets forth the argument that a steady-state approach is a more appropriate conceptual mindset to enable energy transition, sets out a steady-state energy policy, and assesses the projected outcomes of its implementation in the realms of energy security, geopolitics and development. By exploring in depth the implications of such a shift, the book aims to demonstrate its positive effects on sustainability, supply security and affordability; to showcase the more favorable geopolitics of renewable energy; and to unpack new pathways towards development. By bringing together ecological economics and mainstream energy politics, fresh insight to energy and climate policy is provided, alongside their broader geopolitical and developmental ramifications.

Global Turkey in Europe III
Global Turkey in Europe III

Author: Senem Aydin-Düzgit et al.

Publisher: Edizioni Nuova Cultura

Published: 2015-06-16

Total Pages: 286

ISBN-13: 8868125110

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Global Turkey in Europe’s third volume sheds light on four key areas in EU-Turkey relations: foreign relations, democracy, the Kurdish question, and economic and trade issues. Building on its two preceding collective volumes, Global Turkey in Europe III intends to contribute to a comprehensive discussion on shaping a common Turkish-European future with an eye to key domestic, regional, and global challenges and opportunities facing both the EU and Turkey.

Global Cooperation and the Human Factor in International Relations
Global Cooperation and the Human Factor in International Relations

Author: Dirk Messner

Publisher: Routledge

Published: 2015-12-14

Total Pages: 290

ISBN-13: 1317430778

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This book aims to pave the way for a new interdisciplinary approach to global cooperation research. It does so by bringing in disciplines whose insights about human behaviour might provide a crucial yet hitherto neglected foundation for understanding how and under which conditions global cooperation can succeed. As the first profoundly interdisciplinary book dealing with global cooperation, it provides the state of the art on human cooperation in selected disciplines (evolutionary anthropology and biology, decision-sciences, social psychology, complex system sciences), written by leading experts. The book argues that scholars in the field of global governance should know and could learn from what other disciplines tell us about the capabilities and limits of humans to cooperate. This new knowledge will generate food for thought and cause creative disturbances, allowing us a different interpretation of the obstacles to cooperation observed in world politics today. It also offers first accounts of interdisciplinary global cooperation research, for instance by exploring the possibilities and consequences of global we-identities, by describing the basic cooperation mechanism that are valid across disciplines, or by bringing an evolutionary perspective to diplomacy. This book will be of great interest to scholars and postgraduates in International Relations, Global Governance and International Development.

Bulgaria
Bulgaria

Author: International Monetary Fund. Monetary and Capital Markets Department

Publisher: International Monetary Fund

Published: 2019-05-21

Total Pages: 28

ISBN-13: 149831645X

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This Technical Assistance report on Bulgaria reviews the formalization and implementation of a comprehensive Supervisory and Review and Evaluation Process (SREP) that includes an explicit and detailed supervisory Pillar 2 capital requirement. The paper highlights that unsound banking practices or regulatory breaches cannot be compensated by complementary capital charges. Loan loss provisions and capital charges for loans created as a result of such practices cannot be created and judged on the basis of the common standards. Banking Supervision Department has developed a methodology for the combined risk assessment and subsequent definition of an additional capital requirement for credit risk. Individual outcomes of the top-down stress tests carried out by the Macroprudential Supervision and Financial Stability Directorate can make a valuable contribution to the SREP. It allows the assessment of the quality of internal control in the institution and its capacity to timely produce complete and reliable data. While capital positions globally are adequate, and soundness indicators have improved, partly as a result of the 2016 Asset Quality Review, nonperforming loans remain high in Bulgaria, with notable differences between the banks.

Rationality in Politics and its Limits
Rationality in Politics and its Limits

Author: Terry Nardin

Publisher: Routledge

Published: 2017-10-02

Total Pages: 307

ISBN-13: 1317376412

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The word ‘rationality’ and its cognates, like ‘reason’, have multiple contexts and connotations. Rational calculation can be contrasted with rational interpretation. There is the rationality of proof and of persuasion, of tradition and of the criticism of tradition. Rationalism (and rationalists) can be reasonable or unreasonable. Reason is sometimes distinguished from revelation, superstition, convention, prejudice, emotion, and chance, but all of these also involve reasoning. In politics, three views of rationality – economic, moral, and historical – have been especially important, often defining approaches to politics and political theory such as utilitarianism and rational choice theory. These approaches privilege positive or natural law, responsibilities, or human rights, and emphasize the importance of culture and tradition, and therefore meaning and context. This book explores the understanding of rationality in politics and the relations between different approaches to rationality. Among the topics considered are the limits of rationality, the role of imagination and emotion in politics, the meaning of political realism, the nature of political judgment, and the relationship between theory and practice. This book was originally published as a special issue of Global Discourse.