* Correspondence: [email protected] Department of Basic Courses, Hebei Finance University, Baoding 071000, China Abstract This article is concerned with the following rational difference equation yn+1 = (yn + yn-1)/(p + ynyn-1) with the initial conditions; y-1, y0 are arbitrary positive real numbers, and p is positive constant. Locally asymptotical stability and global attractivity of the ...

This study examines the relationships between the herding of various investor groups and trading noise in the Taiwan stock market to determine whether any of the investor groups tend to herd rationally. The study uses a unique and comprehensive data set on intraday transactions and limit order books of the Taiwan Stock Exchange (TWSE). We calculate the high-frequency herding measures and tradin...

Countering the claim that brain determination (or more broadly: causation) undermines legal responsibility, Stephen Morse argued repetitively that penal law is not founded on metaphysical free will but rather the idea that people are, generally, rational agents; causation, determination, or alleged lack of free will are no excusing conditions, unlike lack of rational capacity, compulsion, or co...

s Invited speakers INTUITION, ANALYTIC THINKING, AND THE FEELING OF RIGHTNESS: A METACOGNITIVE REASONING THEORY Valerie Thompson, University of Saskatchewan Amongst educators and psychologists, questions of metacognition have garnered much attention, especially as they pertain to the domains of learning and memory. In this context, it is therefore somewhat surprising that relatively little is k...

The first essay “A Simple Threshold Model of Theft” proposes and estimates a simple threshold model of theft, where all individuals have access to the same distribution of theft opportunities, and what differentiates them is their expectation of the cost of theft. The data support the basic assumptions of the model. The best predictors of theft are variables that are good proxies for patience a...

The ability to learn from user interactions can give systems access to unprecedented amounts of knowledge. This is evident in search engines, recommender systems, and electronic commerce, and it can be the key to solving other knowledge intensive tasks. However, extracting the knowledge conveyed by user interactions is less straightforward than standard machine learning, since it requires learn...

In a variety of behavioral tasks, subjects exhibit an automatic and apparently suboptimal sequential effect: they respond more rapidly and accurately to a stimulus if it reinforces a local pattern in stimulus history, such as a string of repetitions or alternations, compared to when it violates such a pattern. This is often the case even if the local trends arise by chance in the context of a r...

Investors behavior is one of the most important discussion of the financial science in the financial market. Individual investors consider various factors when they buy and sell securities and show different behavior (Rational, Herding, Reaction and Heuristic). The main purpose of this research is to identify and categorize factors which impact individual investors behavior that are known as be...

iran home appliances producers are challenged by the many foreign competitors. these companies can employ information and communication technology for improvement of the competitiveness. so in this paper, the identification of internet marketing strategies and the consumer behavior have been analyzed by grounded theory. the research shows that, internet marketing strategy (ims) can be classifie...