Stability through revaluation

Asset Revaluation Regulation

GAAP mandates a variety of departures from historical cost asset valuation. Here we o¤er a simple model that leads to such variety, depending on regulatory objectives and the magnitude of various economic forces. The central feature of the model is entrepreneurial investment in an asset followed by private information that cannot be communicated. A lemons problem arises in the asset resale mark...

Behavior analysis and revaluation.

Revaluation refers to phenomena in which the strength of an operant is altered by reinforcer-related manipulations that take place outside the conditioning situation in which the operant was selected. As an example, if lever pressing is acquired using food as a reinforcer and food is later paired with an aversive stimulus, the frequency of lever pressing decreases when subsequently tested. Asso...

A memory-based account of retrospective revaluation.

We adapt an instance model of human memory, Minerva 2, to simulate retrospective revaluation. In the account, memory preserves the events of individual trials in separate traces. A probe presented to memory contacts all traces in parallel and causes each to become active. The information retrieved from memory is the sum of the activated traces. Learning is modelled as a process of cued-recall; ...

The Therīgāthā A Revaluation by Vijitha Rajapakse

Retrospective revaluation as simple associative learning.

Backward blocking, unovershadowing, and backward conditioned inhibition are examples of retrospective revaluation phenomena that have been suggested to involve more than simple associative learning. Models of these phenomena have thus used additional concepts, for example, appealing to attentional effects or more elaborate learning mechanisms. The author shows that a suitable representation of ...