Group items tagged

In economics and contract theory, information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other. This creates an imbalance of power in transactions which can sometimes cause the transactions to go awry, a kind of market failure in the worst case. Examples of this problem are adverse selection,[1] moral hazard, and information monopoly.[2] Most commonly, information asymmetries are studied in the context of principal–agent problems. In 2001, the Nobel Prize in Economics was awarded to George Akerlof, Michael Spence, and Joseph E. Stiglitz "for their analyses of markets with asymmetric information."[3]

Information asymmetry models assume that at least one party to a transaction has relevant information whereas the other(s) do not. Some asymmetric information models can also be used in situations where at least one party can enforce, or effectively retaliate for breaches of, certain parts of an agreement whereas the other(s) cannot.

In adverse selection models, the ignorant party lacks information while negotiating an agreed understanding of or contract to the transaction, whereas in moral hazard the ignorant party lacks information about performance of the agreed-upon transaction or lacks the ability to retaliate for a breach of the agreement. An example of adverse selection is when people who are high risk are more likely to buy insurance, because the insurance company cannot effectively discriminate against them, usually due to lack of information about the particular individual's risk but also sometimes by force of law or other constraints. An example of moral hazard is when people are more likely to behave recklessly after becoming insured, either because the insurer cannot observe this behavior or cannot effectively retaliate against it, for example by failing to renew the insurance.

Free open-source disk encryption software for Windows 7/Vista/XP, Mac OS X, and Lin

Free open-source disk encryption software for Windows 7/Vista/XP, Mac OS X, and Linux

Main Features: Creates a virtual encrypted disk within a file and mounts it as a real disk. Encrypts an entire partition or storage device such as USB flash drive or hard drive. Encrypts a partition or drive where Windows is installed (pre-boot authentication). Encryption is automatic, real-time (on-the-fly) and transparent. Parallelization and pipelining allow data to be read and written as fast as if the drive was not encrypted. Encryption can be hardware-accelerated on modern processors. Provides plausible deniability, in case an adversary forces you to reveal the password: Hidden volume (steganography) and hidden operating system. More information about the features of TrueCrypt may be found in the documentation.

1% rule (Internet culture)

In Internet culture, the 1% rule or the 90–9–1 principle (sometimes also presented as 89:10:1 ratio)[1] reflects a hypothesis that more people will lurk in a virtual community than will participate.

The 1% rule states that the number of people who create content on the Internet represents approximately 1% (or less) of the people actually viewing that content (for example, for every person who posts on a forum, generally about 99 other people are viewing that forum but not posting). The term was coined by authors and bloggers Ben McConnell and Jackie Huba,[2] although earlier references to the same concept[3] did not use this name. For example, a large 2005 study of radical Jihadist forums by Akil N Awan found 87% of users had never posted on the forums, 13% had posted at least once, 5% had posted 50 or more times, and only 1% had posted 500 or more times.

We live in a world of too much information. With thousands of stories published each day, how can you find the best quality and the most compelling? We think the answer lies with people. We humans have an instinct for good stories, and we know the news stories worth sharing with our friends. So we’ve built a technology that tracks all the news shared on Facebook and Twitter each day, to find the fastest spreading, most shared, highest quality stuff, and reveal it to the world.

How it works NewsWhip's technology tracks all the news published by about 5,000 English-language sources –about 60,000 news stories each day. It gathers social data for each story – how many shares, likes, tweets and comments it has – at repeated intervals, building a live picture of how popular it is, right now. With this information, it calculates a social speed at which each story is travelling. The process is unique, new, and patent pending.

Marketing Strategy (How do we do it?)Profile Defenders uses in house developed proprietary technologies to replace negative information with positive information. Some of our strategies include: Promote positive reviews and press releases about yourself or business. Create viral effects of new positive publicity about your business or yourself utilizing our proprietary Social Network software. In the end you see results, gain back any business you would have lost with negative publicity and your future employer sees positive results when they search for you.

Who Uses Profile Defenders? Business owners who have negative publicity. Good people who want to clean up their online reputation. Individuals and Businesses who need help managing their reputation both online and offline and need qualified web consultants. Those who need help cleaning up their negative publicity from search engine results and want to gain back that competitive edge. Anybody that wants only positive results to be shown when they are Googled.

NNDB MAPPER The NNDB Mapper allows you to explore NNDB visually by graphing the connections between people. Over 34,000 individuals are listed in our network.

Meditation Can Improve Your Memory, Focus, and Productivity at Work

If you haven't given meditation a try yet, despite the many advantages we've already seen (including chronic pain and stress relief, reducing information overload, and building a better brain), here's one more argument for trying the practice: meditation may help you get more done at work.

A recent study by University of Washington researchers (PDF) found that meditation training helped workers concentrate better, remember more of their work details, and stay energized and experience less negative moods.

Information portal + = TS Player - improved version of a popular media player, complete with a new innovative feature: - Online playback of video and audio via torrents for all browsers YouTube with a bittorrent accelerator and with the most functional web player in the world

Torrent Stream System This is an innovative media platform of a new generation, which will take you to a new high-quality level of multimedia space on the Internet.

Ben Franklin on Patents; in which he provides a Selfless model for Sharing and Cooperation; Inspires us with his Generosity; and Lends Moral Authority to the Principles of Free Culture…

in 1742, invented an open stove for the better warming of rooms, and at the same time saving fuel, as the fresh air admitted was warmed in entering, I made a present of the model to Mr. Robert Grace, one of my early friends, who, having an iron-furnace, found the casting of the plates for these stoves a profitable thing, as they were growing in demand.

Gov’r. Thomas was so pleas’d with the construction of this stove, as described in it, that he offered to give me a patent for the sole vending of them for a term of years; but I declin’d it from a principle which has ever weighed with me on such occasions, viz., That, as we enjoy great advantages from the inventions of others, we should be glad of an opportunity to serve others by any invention of ours; and this we should do freely and generously.

PostCollapse

Top ten ways not to survive (xpost from /r/survivalist) 9 months ago by Theon Skills to surive the end of the world as we know it (xpost from /r/survivalist) 9 months ago by Theon Why the Survivalists Have Got It Wrong. Transition Culture 6 months ago by [deleted] From disaster mitigation to nutrition to raising livestock, this online database has all the information you need 6 months ago by Dodged The WHO Model List of Essential Medicines- absolutely essential reading. 6 months ago by Baeocystin Best form of defense in a country where firearms are illegal? 6 months ago by EldestPort Simple Critical Infrastructure Maps, and a systemic approach to threat modeling 5 months ago by hexayurt Pocket Ref: A must have! 5 months ago by PwnwallJackson US Army Field Survival Guide pdf 5 months ago by samattos

The UFO Phenomena The 5% Non-Bullshit Information