7. Decision-Making on Exchange Rates

2015 ◽  
pp. 77-88
Keyword(s):  
Decision Making ◽  
Exchange Rates

Learning and decision making in marketing planning: a study of New Zealand vineyards

2015 ◽  
Vol 33 (5) ◽  
pp. 707-732 ◽  
Author(s):  
David Crick ◽  
James Crick
Keyword(s):  
Decision Making ◽  
New Zealand ◽  
Exchange Rates ◽  
Design Methodology ◽  
Planning Process ◽  
Growth Strategy ◽  
Wine Industry ◽  
Content Type ◽  
Marketing Planning ◽  
Planning Processes

Purpose – The purpose of this paper is to investigate how decision making and learning are related to marketing planning among owner/managers with lifestyle in comparison to growth-oriented objectives in the New Zealand wine industry. Design/methodology/approach – The study reports on 12 interviews with owner/managers of New Zealand vineyards. The vineyards were small to medium sized and independently owned to avoid bias from parent company decision making within larger scale corporate wine producers. Findings – Different degrees of causation and effectuation-based decision making were found to exist among owner/managers starting from the nascent stage in their respective marketing planning processes. Learning to different degrees was evident in order to remain competitive in a climate of uncertainty and not least of which due to problematic exchange rates. An important issue influencing decision making was whether owner/managers were running the vineyard to maintain a lifestyle or a growth strategy; an issue affecting perceptions of risks and rewards. Originality/value – The originality of the study is that it employs an effectuation lens in respect of the marketing planning process; specifically, decision making among owner/managers with differing objectives, experience and perceptions of risks and rewards.

scholarly journals US residential building air exchange rates: new perspectives to improve decision making at vapor intrusion sites

2017 ◽  
Vol 19 (2) ◽  
pp. 87-100 ◽  
Author(s):  
Rivka Reichman ◽  
Elham Shirazi ◽  
Donald G. Colliver ◽  
Kelly G. Pennell
Keyword(s):  
Decision Making ◽  
Exchange Rates ◽  
Residential Building ◽  
Vapor Intrusion ◽  
Air Exchange

scholarly journals The Impact of Currency Exchange Rates and Canadian and U.S. Unemployment Rates on Non-Immigrant Visas from Canada to the U.S.

2009 ◽  
Vol 36 (3-4) ◽  
pp. 217
Author(s):  
W. Andrew Harrell ◽  
Jennifer A. Boisvert
Keyword(s):  
Decision Making ◽  
Exchange Rates ◽  
Cross Correlation ◽  
Matching Law ◽  
Regression Analyses ◽  
Unemployment Rates ◽  
Currency Exchange ◽  
Currency Exchange Rates ◽  
The Impact ◽  
The U.S

Changes in immigration rates by Canadians from 1989 to 2006 were examined for three non-immigrant visa categories. Cross correlation functions (CCF) were calculated relating changes in numbers of visas to changes in Canada-U.S. currency exchange and unemployment rates. Regression analyses tested Han- Ibbott’s (2005) model of immigration decision-making and a variation of Herrnstein’s (1961) matching law. CCF analysis found that currency exchange and unemployment rates were predictive of changes in immigration rates. Regression analyses indicated that a devalued Canadian dollar discouraged migration to the U.S. These findings have implications for Canada-U.S. inequities in bilateral immigration under NAFTA, with Canada experiencing a greater drain in human capital.

scholarly journals Penerapan Metode Fuzzy Mamdani untuk Menentukan Jumlah Pendapatan Pegadaian Berdasarkan Jumlah Omset Harga Emas dan Kurs

2020 ◽  
Vol 10 (1) ◽  
pp. 89-104
Author(s):  
Rahmawati ◽  
Rahima Dina ◽  
Wartono
Keyword(s):  
Decision Making ◽  
Fuzzy Logic ◽  
Exchange Rates ◽  
Total Income ◽  
Corporate Planning

Corporate planning in determining the amount income decision making for the period based on turnover, gold and exchange rates at the Pegadaian Syariah Branch Subrantas Sidomulyo Unit Pekanbaru. The Purpose of this study is to investigate the use of fuzzy logic aplication using Mamdani methos for dicision making determination of total income. The results of this study indicate that the prediction of income with accuracy reaches 87,4632%.

Discarding optimality: Throwing out the baby with the bathwater?

2018 ◽  
Vol 41 ◽  
Author(s):  
Patrick Simen ◽  
Fuat Balcı
Keyword(s):  
Decision Making ◽  
Perceptual Decision Making ◽  
Reward Rate ◽  
Perceptual Decision ◽  
Standard Observer ◽  
Rate Maximization ◽  
Reward Rate Maximization ◽  
Descriptive Standard ◽  
Observer Model

AbstractRahnev & Denison (R&D) argue against normative theories and in favor of a more descriptive “standard observer model” of perceptual decision making. We agree with the authors in many respects, but we argue that optimality (specifically, reward-rate maximization) has proved demonstrably useful as a hypothesis, contrary to the authors’ claims.

LPCD framework: Analytical tool or psychological model?

2018 ◽  
Vol 41 ◽  
Author(s):  
David Danks
Keyword(s):  
Decision Making ◽  
Analytical Tool ◽  
Mathematical Framework ◽  
Bayesian Decision ◽  
Perceptual Decision Making ◽  
Psychological Model ◽  
Psychological Reality ◽  
Psychological Theories ◽  
Target Article ◽  
Bayesian Decision Making

AbstractThe target article uses a mathematical framework derived from Bayesian decision making to demonstrate suboptimal decision making but then attributes psychological reality to the framework components. Rahnev & Denison's (R&D) positive proposal thus risks ignoring plausible psychological theories that could implement complex perceptual decision making. We must be careful not to slide from success with an analytical tool to the reality of the tool components.

Elaborating the role of reflection and individual differences in the study of folk-economic beliefs

2018 ◽  
Vol 41 ◽  
Author(s):  
Kevin Arceneaux
Keyword(s):  
Decision Making ◽  
Individual Differences ◽  
Cognitive Processes ◽  
Evolutionary History ◽  
Behavioral Responses ◽  
History Of ◽  
Economic Beliefs

AbstractIntuitions guide decision-making, and looking to the evolutionary history of humans illuminates why some behavioral responses are more intuitive than others. Yet a place remains for cognitive processes to second-guess intuitive responses – that is, to be reflective – and individual differences abound in automatic, intuitive processing as well.

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