scholarly journals Obtaining Reliable Feedback for Sanctioning Reputation Mechanisms

2007 ◽  
Vol 29 ◽  
pp. 391-419 ◽  
Author(s):  
R. Jurca ◽  
B. Faltings
Keyword(s):  
Upper Bound ◽  
Pareto Optimal ◽  
Rational Behavior ◽  
Side Payment ◽  
Business Decisions ◽  
Building Trust ◽  
Cheating Behavior ◽  
Payment Schemes ◽  
Reputation Mechanisms ◽  
The Right

Reputation mechanisms offer an effective alternative to verification authorities for building trust in electronic markets with moral hazard. Future clients guide their business decisions by considering the feedback from past transactions; if truthfully exposed, cheating behavior is sanctioned and thus becomes irrational. It therefore becomes important to ensure that rational clients have the right incentives to report honestly. As an alternative to side-payment schemes that explicitly reward truthful reports, we show that honesty can emerge as a rational behavior when clients have a repeated presence in the market. To this end we describe a mechanism that supports an equilibrium where truthful feedback is obtained. Then we characterize the set of pareto-optimal equilibria of the mechanism, and derive an upper bound on the percentage of false reports that can be recorded by the mechanism. An important role in the existence of this bound is played by the fact that rational clients can establish a reputation for reporting honestly.

scholarly journals Coefficient inequalities for a class of analytic functions associated with the lemniscate of Bernoulli

2018 ◽  
Vol 37 (4) ◽  
pp. 83-95
Author(s):  
Trailokya Panigrahi ◽  
Janusz Sokól
Keyword(s):  
Upper Bound ◽  
Analytic Functions ◽  
Hankel Determinant ◽  
Lemniscate Of Bernoulli ◽  
Toeplitz Determinant ◽  
Second Hankel Determinant ◽  
Coefficient Inequalities ◽  
The Right

In this paper, a new subclass of analytic functions ML_{\lambda}^{*}  associated with the right half of the lemniscate of Bernoulli is introduced. The sharp upper bound for the Fekete-Szego functional |a_{3}-\mu a_{2}^{2}|  for both real and complex \mu are considered. Further, the sharp upper bound to the second Hankel determinant |H_{2}(1)| for the function f in the class ML_{\lambda}^{*} using Toeplitz determinant is studied. Relevances of the main results are also briefly indicated.

scholarly journals Policing During COVID-19: Perspectives from MET Police, UK

2021 ◽  
Vol 3 (3) ◽  
pp. 128-131
Author(s):  
CASIS Vancouver
Keyword(s):  
Information Sharing ◽  
West Coast ◽  
Online Environment ◽  
Public And Private ◽  
The Public ◽  
Building Trust ◽  
Key Points ◽  
Question And Answer ◽  
The Right

On November 26th, 2020, Deputy Assistant Commissioner Lucy D'Orsi presented Policing During COVID-19: Perspectives from MET Police, UK at the 2020 CASIS West Coast Security Conference. The presentation was followed by a panel question and answer period with other speakers. The key points of discussion focused on the challenges faced by MET Police in a saturated online environment, harvesting the right information, sharing it with the public and private sectors, and building trust.

scholarly journals The impact of information management in developing new products in bank – an empirical analysis

2021 ◽  
Vol 54 (3-4) ◽  
pp. 197-206
Author(s):  
Zoran Najdanović ◽  
Natalia Tutek
Keyword(s):  
Product Development ◽  
Information Management ◽  
New Product Development ◽  
New Products ◽  
New Product ◽  
Business Decisions ◽  
Customer Preferences ◽  
The Right ◽  
The Impact

Successful information management is big challenge for any organization. In this paper the emphasis is on information management in new product development in bank. Under strong pressure from competition and new technological changes, as well as the turbulent changes in the environment, financial institutions must continuously develop new products and services. In order to make the services more interesting to the users, it is necessary to collect data about the users, their wishes and preferences. The data should then be converted into useful information that will result with developing the right product or service that users will recognize as necessary. Products become personalized, user-friendly, and the emphasis is on the importance of long-term company relationships with customers. Only with well-organized information, managers can make the right business decisions and companies can react in time to market changes. When creating their strategy, successful companies analyze and identify elements that significantly contribute to creating a competitive advantage and ensuring long-term growth and development. The paper presents an empirical research of customer preferences which lead to new product development in bank.

scholarly journals Religion and Economy: How the Act of Rational Economy Dominates Muslim Entrepreneurs

INFERENSI ◽  
2021 ◽  
Vol 15 (1) ◽  
pp. 71-90
Author(s):  
Dede Nurohman ◽  
Evi Muafiah
Keyword(s):  
Qualitative Method ◽  
Business Processes ◽  
Phenomenological Approach ◽  
Community Empowerment ◽  
Business Decisions ◽  
Rational Choices ◽  
Microfinance Institution ◽  
The Right ◽  
Economic Motives ◽  
Data Extracting

This research aimed to explore the motives that encouraged Muslim entrepreneurs to make business decisions in running businesses, and also to examined the effects of their religions as well as the business logics they used toward their trading behaviors. The subjects of this research were the Muslim entrepreneurs running the business of apparel convection in Botoran, Tulungagung. This research used qualitative method with phenomenological approach. The data extracting technique was conducted by documentation, observation, and interviews. The results showed that Muslim traders based their business behaviors on the consideration of rational choices. Such behaviors were manifested in the forms of: choosing to partition their houses as the place of production (home factory); choosing to procure capital through the Chinese; choosing temporary sewing workers; choosing to replace the procurement of computer embroidery machines; dun-dunan rego (decreasing the costs); nembak (lighting); and reluctant to establish a cooperative to accommodate them. Meanwhile, religion, morals, and other values are not considered by them in running their business. The implication of the findings is that religious and economic motives always appeared in a person's business processes. The dominance of one of them was determined by the environment and experience. Sharia financial institutions in the vicinity, such as Sharia Banks and BMT (Baitul Mal wa Tamwil, a sharia-based microfinance institution or cooperative), as well as Islamic organizations, with the right kinship approach, were required to be present to pay attention to business development and community empowerment.

Leveraging What Your Company Really Knows

2011 ◽  
pp. 1793-1806
Author(s):  
Donald Marchand ◽  
Amy Hykes
Keyword(s):  
Information Management ◽  
Process Management ◽  
Business Strategies ◽  
Future Market ◽  
Specific Information ◽  
Business Decisions ◽  
Strategic Intelligence ◽  
Employee Behaviors ◽  
The Right ◽  
A Company

Strategic intelligence is about having the right information in the hands of the right people at the right time so that those people are able to make informed business decisions about the future of the business. Thus, in order to improve a company’s strategic intelligence process, management must take a critical look at how effectively they manage information. Effective information management requires specific information-processing practices, employee behaviors and values, and technology. The information orientation (IO) framework is a tool that managers can use to determine the company’s level of effective information management and to identify areas where they can make improvements. By achieving IO maturity—aligning processes, people behaviors, and technology practices with business strategies—a company can derive a competitive advantage and future leadership. IO mature companies are most successful at collecting and openly sharing the strategic intelligence that their employees need in order to successfully monitor and proactively react to future market trends or events.

Synthesis with Data Warehouse Applications and Utilities

2011 ◽  
pp. 1092-1097
Author(s):  
Hakikur Rahman
Keyword(s):  
Business Strategy ◽  
Current Trend ◽  
Real Life ◽  
Data Repositories ◽  
Business Decisions ◽  
Business World ◽  
Data Marts ◽  
High Quality Information ◽  
The Right ◽  
Transactional Data

Today’s fast moving business world faces continuous challenges and abrupt changes in real-life situations at the context of data and information management. In the current trend of information explosion, businesses recognize the value of the information they can gather from various sources. The information that drives business decisions can have many forms, including archived data, transactional data, e-mail, Web input, surveyed data, data repositories, and data marts. The organization’s business strategy should be to deliver high-quality information to the right people at the right time.

scholarly journals “Listen to your body”: Participants’ alternative to science in online health discussions

2017 ◽  
Vol 22 (5) ◽  
pp. 432-450 ◽  
Author(s):  
Wytske Versteeg ◽  
Hedwig te Molder ◽  
Petra Sneijder
Keyword(s):  
Experiential Knowledge ◽  
Online Discussions ◽  
Rational Behavior ◽  
Adhd Medication ◽  
Health Issues ◽  
Psychological Analysis ◽  
Idiomatic Expression ◽  
Scientific Expertise ◽  
The Right

We present a discursive psychological analysis of how the idiomatic expression “Listen to Your Body” is deployed in online forum discussions about ADHD medication and aspartame. The Listen to Your Body device allows participants to demonstrate to others that they take their health seriously and for that reason avoid scientific knowledge. They contrast Listen to Your Body with “blindly following science,” presenting Listen to Your Body as the more critical and, therefore, more rational behavior. Instead of treating the idiomatic expression as “anyone’s knowledge,” speakers and recipients compete for the right to own it. It is discussed what these results mean for the role of and relation between experiential knowledge (“lay expertise”) and scientific expertise in online discussions about health issues.

scholarly journals Making the right business decisions

BDJ Team ◽  
2014 ◽  
Vol 1 (1) ◽  
Author(s):  
Andy McDougall
Keyword(s):  
Business Decisions ◽  
The Right

scholarly journals CORPORATE SOCIAL RESPONSIBILITY AS A CORPORATE GREEN ACCOUNTING IMPLEMENTATION

2021 ◽  
Vol 3 (2) ◽  
pp. 178-185
Author(s):  
Rahma Sandhi Prahara ◽  
Diah Syifaul A'yuni
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
New Paradigm ◽  
Green Accounting ◽  
Business Decisions ◽  
The Right ◽  
Corporate Social ◽  
The Impact ◽  
A Company

The phenomenon of environmental multicrisis occurring today has created a new paradigm of Green Accounting. The concept of Green Accounting directs corporations to make business decisions at an advantage that not only leads to profit orientation but also to the environment and society around the company. Of course, the domino effect of these concerns and considerations is that corporate sacrifices in the form of assets / assets may even be more than that. The role of corporations in supporting Green Accounting is the implementation of Corporate Social Responsibility (CSR). CSR is the moral responsibility of a company to its social, economic, and environmental strategies because of the impact of its operations so that it is expected to contribute benefits to society and the environment. If it is related to Green Accounting, then this will be the right concept to support the 2030 SDGs program.

scholarly journals COMPARISON OF MACHINE LEARNING CLASSIFICATION ALGORITHM ON HOTEL REVIEW SENTIMENT ANALYSIS (CASE STUDY: LUMINOR HOTEL PECENONGAN)

2020 ◽  
Vol 16 (1) ◽  
pp. 59-64
Author(s):  
Jaja Miharja ◽  
Jordy Lasmana Putra ◽  
Nur Hadianto
Keyword(s):  
Machine Learning ◽  
Nearest Neighbor ◽  
Classification Algorithm ◽  
K Nearest Neighbor ◽  
Business Decisions ◽  
Machine Learning Classification ◽  
Business People ◽  
Auc Value ◽  
The Right

Analysis of hotel review sentiment is very helpful to be used as a benchmark or reference for making hotel business decisions today. However, all the review information obtained must be processed first by using an algorithm. The purpose of this study is to compare the Classification Algorithm of Machine Learning to obtain information that has a better level of accuracy in the analysis of hotel reviews. The algorithm that will be used is k-NN (k-Nearest Neighbor) and NB (Naive Bayes). After doing the calculation, the following accuracy level is obtained: k-NN of 60,50% with an AUC value of 0.632 and NB of 85,25% with an AUC value of 0.658. These results can be determined by the right algorithm to assist in making accurate decisions by business people in the analysis of hotel reviews using the NB Algorithm.

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