Finding Your Own Animal Spirit

2015 ◽  
pp. 215-220
Keyword(s):  
Animal Spirit

scholarly journals Volitional Motion Theory

2021 ◽  
Author(s):  
Masaru Kondo
Keyword(s):  
Mathematical Model ◽  
Information Theory ◽  
Statistical Mechanics ◽  
Behavioral Economics ◽  
Computational Neuroscience ◽  
Behavioral Science ◽  
Classical Mechanics ◽  
The Public ◽  
Observable Data ◽  
Animal Spirit

We propose a mathematical model for quantifying willpower and an application based on the model. Volitional Motion Theory (VMT) is a mathematical model that draws on classical mechanics, thermodynamics, statistical mechanics, information theory, and philosophy. The resulting numbers are statistical theoretical values deduced using observable data. VMT can be applied to a variety of fields, including behavioral science, behavioral economics, and computational neuroscience. For example, "What is animal spirit in economics?" VMT is one proposal to answer this question. In addition, a scheduling application has been created to validate VMT. This application is open to the public for anyone to use.

Animal Spirit in Action

2012 ◽  
pp. 157-172
Author(s):  
C. U. M. Smith ◽  
Eugenio Frixione ◽  
Stanley Finger ◽  
William Clower
Keyword(s):  
Animal Spirit

Animal Spirit in an Age of Faith

2012 ◽  
pp. 71-91
Author(s):  
C. U. M. Smith ◽  
Eugenio Frixione ◽  
Stanley Finger ◽  
William Clower
Keyword(s):  
Animal Spirit

RISK-FREE RATES AND ANIMAL SPIRITS IN FINANCIAL MARKETS

2016 ◽  
Vol 11 (03) ◽  
pp. 1650011 ◽  
Author(s):  
JUKKA ILOMÄKI
Keyword(s):  
Financial Markets ◽  
Expected Returns ◽  
Risk Averse ◽  
Animal Spirits ◽  
Local Risk ◽  
Global Stock Markets ◽  
Animal Spirit ◽  
Risk Free Rate ◽  
Global Stock ◽  
Free Rate

We show analytically that animal spirit excess profits for uninformed investors fall (increase) when the risk-free rate rises (falls). In the theoretical analysis, we examine the expected returns of risk-averse, short-lived investors. In addition, we find empirically that the local risk-free rates explain 14% of the changes in the animal spirit excess profits in the global stock markets for the last 29 years when the animal spirits is characterized as a product of the trend-chasing rule.

The Ghost Head Mask and Metamorphic Shang Imagery

Early China ◽  
1995 ◽  
Vol 20 ◽  
pp. 79-92 ◽  
Author(s):  
Elizabeth Childs-Johnson
Keyword(s):  
Point Of View ◽  
Religious Significance ◽  
Data Support ◽  
Modes Of Representation ◽  
Art Historians ◽  
Dramatic Shift ◽  
Animal Spirit ◽  
Animal Image ◽  
Key Terms

The meaning of Shang ritual imagery has long baffled scholars. Art historians and anthropologists have wrestled with its meaning every since 1928 when bronzes began to be excavated at Anyang, the Late Shang capital. It is now possible to explore various data to identify the religious significance of Shang ritual art From an art historical point of view, it is evident that certain standard modes of representation were designed to symbolize the theme of metamorphosis from the human to the animal spirit realm. This symbolism also helps to explain why the ubiquitous animal image in Shang art is conceived as a mask. Epigraph-ical data support the interpretation that Shang religion was based on the belief of metamorphosis as represented in art, and that the Shang king once acted as shaman-priest, chief-in-charge of invocation and a mask wearing rite. This interpretation depends on data provided by key terms in Shang bone inscriptions, such as gui 鬼, usually translated spirit ghost and others, directly related, such as the unpronounceable ff and zhu 祝. My intention is to elucidate why spirit ghosts of ancestors, gui were envisioned as anthropomorphized animal masks and how this conception is connected with the shamanic foundation of Shang religion. Although bone inscriptional data indicates that there is a dramatic shift away from exorcistic practices of shamanic origin to cult worship focused on dead royal ancestors, the combined evidence from art and epigraphy strongly argues for a Shang religion founded on the belief in metamorphosis and the king as shaman-priest.

scholarly journals PERANCANGAN BUSANA READY TO WEAR DELUXE DENGAN INSPIRASI THE CULTURE OF ANIMAL SPIRIT DARI SUKU INDIAN

2019 ◽  
Vol 3 (2) ◽  
pp. 77-92
Author(s):  
Yovita Sabatini Daeli ◽  
Dewi Isma Aryani ◽  
Indra Janty
Keyword(s):  
Screen Printing ◽  
Fashion Design ◽  
Public Figures ◽  
The People ◽  
Indian Tribe ◽  
Indian Tribes ◽  
New Challenges ◽  
Animal Spirit ◽  
Life Structure ◽  
Culture Tradition

Indian tribes are the people of North America who are famous for their tradition, lifestyle, art and belief as culture tradition. One of the belief tradition is their belief to the spirit of animal which has connection with Indian belief,animism. In animal animism there are several animals which is considered.sacred in the lifecycle of Indians. They are : eagles, bear, and bisons. They are the symbols of life structure to Indian tribes. The combination of the symbols of lifecycle is based on the ways of the winds, seasons, elements, and colors of each of the symbols has become the inspiration of fashion design ready to wear collection deluxe titled OTODEM  Throughout OTODEM collection the ethnic but still modern nuances are shown from the shapes and cutting of the clothes. The concept applied on the design adapts the symbols lf animal spirit : eagles, wolves, bear and bison  and also from the symbols of ways of the wind, seasons, elements, and colors in every piece of clothing. The symbols are applied on the piece of clothings throughout polyflex screen printing and flocking and the sign motifs, the macrame and stitching technique are used to show the uniqueness of the Indian tribe clothes. The goal is to strengthen the performance and similarities with symbols of Indian tribes. This ready to wear collection is targeted for men and women around 25-35 years old with different backgrounds such as entertainers, designers and public figures with strong and bold characteristics, love challenges and are open to new challenges, curious about ethnics and cultures, and stay in major cities in Indonesia.

A macro‐prudential perspective of financial regulation

2011 ◽  
Vol 19 (3) ◽  
pp. 289-297 ◽  
Author(s):  
Tristan Nguyen
Keyword(s):  
Monetary Policy ◽  
Central Bank ◽  
Financial Markets ◽  
Financial Stability ◽  
Housing Prices ◽  
Price Stability ◽  
Trade Off ◽  
Content Type ◽  
Animal Spirit

PurposeIn the recent financial crisis, many observers have assigned monetary policy a central role in the crisis. Specifically, they claim that excessively easy monetary policy by the Federal Reserve in the first half of the decade helped to cause a bubble in housing prices in the USA. The purpose of this paper is to analyze the role of monetary policy within the regulatory frameworks of financial markets.Design/methodology/approachThe authors show within a macroeconomic framework a possible trade‐off between price stability and financial stability by differentiating between a technology‐driven bubble and an animal spirit bubble. In their conclusion: if there is a trade‐off between price stability and financial stability, the central bank will have to make a choice between the two objectives. In that case, the question arises of which of the two objectives should take precedence: price stability or financial stability?FindingsFrom this analysis, the authors conclude that a central bank which uses a lexicographic ordering favoring price stability over other objectives is likely to fuel the boom inadvertently (in the case of a technology‐driven bubble) or will decide to do nothing (in the case of an animal spirit bubble) allowing a process of excessive credit creation. The latter seems to be what happened between 2003 and 2008.Practical implicationsIf one wants to reduce the likelihood of future major financial busts, it must be accepted that the central banks (especially the Fed and the ECB) cannot only be responsible for price stability. Maintaining financial stability by preventing excesses in financial markets should be an equally important objective.Originality/valueThe paper gives a new perspective on the role of monetary policy within the regulatory framework. With this macroeconomic framework, the authors are able to show possible trade‐offs between price stability and financial stability. The micro‐ and macro‐prudential approach of this paper is a useful contribution to the discussion about regulatory reforms of financial markets.

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