Developing policies for effective COVID-19 containment: The TRACE model - 0 views
See how experts use disease modeling to predict coronavirus cases after states reopen -... - 0 views
I Did a Data Check on the World Model that Forecast Global Collapse. Here's What I Found. - 0 views
Asymmetric Information and the Pecking (Dis)Order* | Review of Finance | Oxford Academic - 0 views
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We study the classical problem of raising capital under asymmetric information. Following Myers and Majluf, we consider firms endowed with assets in place and riskier growth opportunities. When asymmetric information is concentrated on assets in place (rather than growth opportunities), equity-like securities are more likely to be optimal. In contrast, when asymmetric information falls on growth options, debt is optimal. Intuitively, this happens because when the asset with greater volatility is less affected by asymmetric information, issuing a security with greater exposure to upside potential (such as equity) can be less dilutive than issuing a security lacking such exposure (such as debt). Our results suggest that equity is more likely to dominate debt for younger firms with larger investment needs, endowed with riskier, more valuable growth opportunities. Thus, our model can explain why high-growth firms may prefer equity over debt, and then switch to debt financing as they mature.
Want to Kill Your Economy? Have MBA Programs Churn out Takers Not Makers. - Evonomics - 0 views
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Why has business education failed business? Why has it fallen so much in love with finance and the ideas it espouses? It’s a problem with deep roots, which have been spreading for decades. It encompasses issues like the rise of neoliberal economic views as a challenge to the postwar threat of socialism. It’s about an academic inferiority complex that propelled business educators to try to emulate hard sciences like physics rather than take lessons from biology or the humanities. It dovetails with the growth of computing power that enabled complex financial modeling. The bottom line, though, is that far from empowering business, MBA education has fostered the sort of short-term, balance-sheet-oriented thinking that is threatening the economic competitiveness of the country as a whole. If you wonder why most businesses still think of shareholders as their main priority or treat skilled labor as a cost rather than an asset—or why 80 percent of CEOs surveyed in one study said they’d pass up making an investment that would fuel a decade’s worth of innovation if it meant they’d miss a quarter of earnings results— it’s because that’s exactly what they are being educated to do.
Here's How Facebook Actually Won Trump the Presidency | WIRED - 0 views
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Social media was Trump’s primary communication channel. It wasn’t a platform for broadcasting pre-planned messages but for interacting with supporters and starting new conversations—however controversial those conversations often were. Bleeker says one of the biggest lessons he’s learned from this election cycle is that social media is increasingly going to be part of any candidate’s so-called “earned media strategy”—that is, the coverage a candidate gets for free in the press. The President-elect has shown he can turn a news cycle in 140 characters or less; in a recent 60 Minutes interview, he said he plans to continue using Twitter as president. “He’s going to tell his side of the story from the digital bully pulpit,” Lira says. Whether fake news did or didn’t affect the election’s outcome, Facebook as a platform did. The winning candidate was not just willing, but eager to break with traditional models of campaigning. His team invested in new ways of using the digital tools and platforms that have come to dominate the media landscape. Anyone who wants to defeat him in the future will have to do the same.
An assault to the skies: the municipalist movement's affair with Podemos | openDemocracy - 0 views
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Municipalism is nothing other than thousands of neighbours coming together in a joint effort to build a new model for their city. In the summer of 2014 a set of initiatives necessary for staging a so-called institutional assault were already appearing in several Spanish cities: the municipalist movements. These departed from existing common grounds in their desire to overcome the two-party system, end with corruption, and democratise the local councils.
The Colonization of Local-Business Main Street by Corporate America - 0 views
Climate science gets precise enough for legal action - SciDev.Net - 0 views
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Parallel to the IPCC process, scientific advances mean that models can now link individual weather events to climate change as the cause, said Friederike Otto, acting director of the Environmental Change institute at the University of Oxford in the UK. This is done through attribution science—much in the same way that smoking was linked to cancer decades ago—which is “very much in legal discussions at the moment”, said Otto. Attribution science has been a game changer in the past five years, added Yamin: in the case of an event such as flooding or a heat wave, for example, “you don’t talk about a vague sense of weather any more — you can link it to anthropogenic activities that are causing long-term global change”.
Why The Simplest Theory Is Never The Right One: Occam's Razor Has A Double Edge - 0 views
Collective Awareness | Edge.org - 0 views
Some of 2017's emerging techs just disappeared * The Register - 0 views
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