Group items tagged

Signaling Michael Spence originally proposed the idea of signaling. He proposed that in a situation with information asymmetry, it is possible for people to signal their type, thus believably transferring information to the other party and resolving the asymmetry.

This idea was originally studied in the context of looking for a job. An employer is interested in hiring a new employee who is "skilled in learning." Of course, all prospective employees will claim to be "skilled at learning", but only they know if they really are. This is an information asymmetry. Skill in learning is malleable, and depends upon many factors, including diet, exercise and money. Spence proposes, for example, that going to college can function as a credible signal of an ability to learn. Assuming that people who are skilled in learning can finish college more easily than people who are unskilled, then by finishing college the skilled people signal their skill to prospective employers. No matter how much or how little they may have learned in college, finishing functions as a signal of their capacity for learning. However, finishing college may merely function as a signal of their ability to pay for college, it may signal the willingness of individuals to adhere to orthodox views, or it may signal a willingness to comply with authority.

Screening Joseph E. Stiglitz pioneered the theory of screening. In this way the underinformed party can induce the other party to reveal their information. They can provide a menu of choices in such a way that the choice depends on the private information of the other party. Examples of situations where the seller usually has better information than the buyer are numerous but include used-car salespeople, mortgage brokers and loan originators, stockbrokers and real estate agents.

Examples of situations where the buyer usually has better information than the seller include estate sales as specified in a last will and testament, life insurance, or sales of old art pieces without prior professional assessment of their value.

Because of information asymmetry, unscrupulous sellers can "spoof" items (like replica goods such as watches) and defraud the buyer. As a result, many people not willing to risk getting ripped off will avoid certain types of purchases, or will not spend as much for a given item. It is even possible for the market to decay to the point of nonexistence.

the bottom line is that redheads have specific mutations on the MCR1 gene that not only increase expression of red pigment but may also be involved with the function of the central nervous system.

Religion, although it is not the best method of determining moral norms, has often been very effective at promoting them. Religions often satisfy many of Daleiden's criteria for raising people to be conditioned egoists, especially by practicing the aforementioned elements of prosocial training. He suggests that this is what they are doing when they instill a sense of virtue and justice, right and wrong.

Aldous Huxley's novel Brave New World and George Orwell's 1984 imagine dystopian future societies that control the populace by advanced scientific techniques. Harris argues that moral scientists approaching truths does not imply an "Orwellian future" with "scientists at every door". Instead, Harris imagines data about normative moral issues being shared in the same way as other sciences (e.g. peer-reviewed journals on medicine).

Science of morality should identify basic components required for human flourishing, drawing heavily on findings from positive psychology. In a proto-scientific example, Abraham Maslow suggested a hierarchy of needs: basic physical survival, then social and self esteem needs, and lastly philosophical and self-actualization.

self-

Research looking for optimal ethical systems can draw on all the methods of science, especially those used by positive psychology. While this might include obvious methods like asking people to self-report what they think they need to flourish in life – psychology has shown that people are often surprisingly incorrect on these matters (particularly when it comes to making predictions and recollections). Some cases in point: having too many varieties of consumer goods actually creates consumer choice anxiety; when it comes to removing bandages, Dan Ariely's research suggests that "getting it over with as quickly as possible" may cause more negative memories than if one went slowly (with breaks) while being careful never to reach a 'peak' in pain; stress is not always harmful (such stress is called eustress). While very careful use of self-report can still be illuminating (e.g. bogus pipeline techniques), in the end, unconscious methods of inquiry seem to be more promising. Some unconscious methods of data collection include the Implicit Association Test and neuroimaging. In these ways, science can further our understanding of what humans need to flourish, and what ways of organizing society provide the greatest hope for flourishing.

Extensive study of cooperation has shed some light on the objective (and subjective) advantages of teamwork and empathy. The brain areas that are consistently involved when humans reason about moral issues have been investigated by a quantitative large-scale meta-analysis of the brain activity changes reported in the moral neuroscience literature.[76] In fact, the neural network underlying moral decisions overlapped with the network pertaining to representing others' intentions (i.e., theory of mind) and the network pertaining to representing others' (vicariously experienced) emotional states (i.e., empathy).

There is evidence to suggest that a risk factor for becoming victims of bullying is deficient moral development. Examples of deficient moral development may be something like neglecting an agent's intentions during an action, or blaming them for accidents. In other words, victims of bullying may be more likely to make less accurate moral assessments, for some reason. The researchers also found that, in contrast, bullies were just as morally developed as victim defenders. The difference is that bullies are more able to disengage themselves. That is, for whatever reason, bullies end up suppressing their feelings of compassion and conscience.[77]

The "90–9–1" version of this rule states that 1% of people create content, 9% edit or modify that content, and 90% view the content without contributing.

This can be compared with the similar rules known to information science, such as the 80/20 rule known as the Pareto principle, that 20% of a group will produce 80% of the activity, however the activity may be defined.

Planet "Planet" (Natural capital) refers to sustainable environmental practices. Generally, sustainability reporting metrics are better quantified and standardized for environmental issues than for social ones. A number of respected reporting institutes and registries exist including the Global Reporting Initiative, CERES Community Environment Park, Institute 4 Sustainability and others. [edit]

In terms of a long-term investment proposition, socially responsible investment (SRI) funds are one of the fastest growing prospects in the City of London. This is important not only because blue chip stock valuation is biased two-thirds towards long-term prospect, but also because the City of London is home to many of the world’s largest institutional funds. The City is now managing institutional SRI assets, for the UK market alone, of around $1trillion and it continues to grow fast. When Friends Provident launched the first UK ethical unit trust 'Stewardship Fund' in 1984, city analysts predicted that consumer SRI funds in the UK would eventually (within 20 years) reach a maximum size of £2 million. By 2001, consumer SRI funds had reached to over £4 billion and over £6 billion in 2005 – 3,000 times the original estimate.

. This increased awareness has promoted SRI and ethical activity amongst consumers, spurring the success of ethical corporations, such as the Co-operative Bank and the popularity of fair trade and organic products.

aslow's Characteristics of Self-Actualizers A self-actualizer is a person who is living creatively and fully using his or her potentials. In his studies, Maslow found that self-actualizers share similarities. Whether famous or unknown, educated or not, rich or poor, self-actualizers tend to fit the following profile.[12] Efficient perceptions of reality. Self-actualizers are able to judge situations correctly and honestly. They are very sensitive to the fake and dishonest. Comfortable acceptance of self, others, nature. Self-actualizers accept their own human nature with all its flaws. The shortcomings of others and the contradictions of the human condition are accepted with humor and tolerance. Spontaneity. Maslow's subjects extended their creativity into everyday activities. Actualizers tend to be unusually alive, engaged, and spontaneous. Task centering. Most of Maslow's subjects had a mission to fulfill in life or some task or problem outside of themselves to pursue. Humanitarians such as Albert Schweitzer and Mother Teresa represent this quality. Autonomy. Self-actualizers are free from reliance on external authorities or other people. They tend to be resourceful and independent. Continued freshness of appreciation. The self-actualizer seems to constantly renew appreciation of life's basic goods. A sunset or a flower will be experienced as intensely time after time as it was at first. There is an "innocence of vision", like that of an artist or child. Fellowship with humanity. Maslow's subjects felt a deep identification with others and the human situation in general. Profound interpersonal relationships. The interpersonal relationships of self-actualizer

Fellowship with humanity. Maslow's subjects felt a deep identification with others and the human situation in general. Profound interpersonal relationships. The interpersonal relationships of self-actualizers are marked by deep loving bonds. Comfort with solitude. Despite their satisfying relationships with others, self-actualizing persons value solitude and are comfortable being alone. [13] Non-hostile sense of humor. This refers to the wonderful capacity to laugh at oneself. It also describes the kind of humor a man like Abraham Lincoln had. Lincoln probably never made a joke that hurt anybody. His wry comments were gentle proddings of human shortcomings. Peak experiences. All of Maslow's subjects reported the frequent occurrence of peak experiences (temporary moments of self-actualization). These occasions were marked by feelings of ecstasy, harmony, and deep meaning. Self-actualizers reported feeling at one with the universe, stronger and calmer than ever before, filled with light, beautiful and good, and so forth. In summary, self-actualizers feel safe, not anxious, accepted, loved, loving, and alive. Additionally, Schott discussed in connection with transpersonal business studies.

Broader criticism from within humanistic psychology of the concept of self-actualization includes the danger that 'emphasis on the actualizing tendency...can lead to a highly positive view of the human being but one which is strangely non-relational'.[20] According to Fritz Perls there is also the risk of confusing "self-actualizing and self-image actualizing...the curse of the ideal."[21] By conflating "the virtue of self-actualization and the reality of self-actualization,"[22] the latter becomes merely another measuring rod for the "topdog"

I have received a fair number of letters saying 'I am a self-actualized person'. Maslow said that he must have left something out. Fritz (Perls) put it in. He saw that most people actualized a self-concept. This is not self-actualizing."[24]

Most think that phenomena such as political instability should be understood by constructing detailed narratives of what actually happened — always looking for patterns and regularities, but never forgetting that each outbreak emerged from a particular time and place. “We're doing what can be done, as opposed to aspiring after what can't,” says Daniel Szechi, who studies early-modern history at the University of Manchester, UK. “We're just too ignorant” to identify meaningful cycles, he adds.

Goldstone has searched for cliodynamic patterns in past revolutions, and predicts that Egypt will face a few more years of struggle between radicals and moderates and 5–10 years of institution-building before it can regain stability. “It is possible but rare for revolutions to resolve rapidly,” he says. “Average time to build a new state is around a dozen years, and many take longer.”

it seems that indicators of corruption increase and political cooperation unravels when a period of instability or violence is imminent.

they call the secular cycle, extends over two to three centuries. It starts with a relatively egalitarian society, in which supply and demand for labour roughly balance out. In time, the population grows, labour supply outstrips demand, elites form and the living standards of the poorest fall. At a certain point, the society becomes top-heavy with elites, who start fighting for power. Political instability ensues and leads to collapse, and the cycle begins again.

What is different is the scale — Turchin and his colleagues are systematically collecting historical data that span centuries or even millennia — and the mathematical analysis of how the variables interact.

when it comes to predicting unique events such as the Industrial Revolution, or the biography of a specific individual such as Benjamin Franklin, he says, the conventional historian's approach of assembling a narrative based on evidence is still best.

“You certainly can't predict when a plane is going to crash, but engineers recover the black box. They study it carefully, they find out why the plane crashed, and that's why so many fewer planes crash today than used to.”

“We can tell you in great detail what the grain prices were in a few towns in southern England in the Middle Ages,” he says. “But we can't tell you how most ordinary people lived their lives.”

Turchin's approach by throwing light on the immediate triggers of political violence. He argues3, for example, that for such violence to happen, individuals must begin to identify strongly with a political group. One powerful way for groups to cement that identification is through rituals, especially frightening, painful or otherwise emotional ones that create a body of vivid, shared memories. “People form the impression that the most profound insights they have into their own personal history are shared by other people,”

Elites have been known to give power back to the majority, he says, but only under duress, to help restore order after a period of turmoil. “I'm not afraid of uprisings,” he says. “That's why we are where we are.”