Commentary: Honorary or incorrect

Correct or incorrect application of CAPM? Correct or incorrect decisions with CAPM?

This paper focuses on inconsistencies arising from the use of NPV and CAPM for capital budgeting. It shows that (i) CAPM capital budgeting decision-making based on disequilibrium NPV is deductively inferred by the Capital Asset Pricing Model, (ii) the use of the disequilibrium NPV is widespread in finance both as a decision rule and as a valuation tool, (iii) the disequilibrium NPV does not gua...

[Fatal or near-fatal asthma: clinical entity or incorrect management?].

Incorrect predictions, not incorrect statistics!

Page 1 of 1 (page number not for citation purposes) In a recent study on nurses’ ability to predict volume status after subarachnoid haemorrhage, we found very low predictive values [1]. In a letter to the editor, Dane [2] argued that an error in statistics ‘makes any reasonable conclusions impossible’. Because Dr Dane was the statistical reviewer of our manuscript, both the authors and the edi...

Neural Dynamics of Reaching following Incorrect or Absent Motor Preparation

Moving is thought to take separate preparation and execution steps. During preparation, neural activity in primary motor and dorsal premotor cortices achieves a state specific to an upcoming action but movements are not performed until the execution phase. We investigated whether this preparatory state (more precisely, prepare-and-hold state) is required for movement execution using two complem...

On the probabilities of correct or incorrect majority preference relations

While majority cycles may pose a threat to democratic decision making, actual decisions based inadvertently upon an incorrect majority preference relation may be far more expensive to society. We study majority rule both in a statistical sampling and a Bayesian inference framework. Based on any given paired comparison probabilities or ranking probabilities in a population (i.e., culture) of ref...