Ambiguity tolerance

Due to overconfidence behaviour, investors trade too much or take too much risk because they are certain about their opinions. They believe that they can predict the winner. Figure 6 helps us to understand the behaviour of overconfident investors. Figure 1.6: Are you an overconfident investor? Source: http://www.safalniveshak.com/are-you-overconfident-investor/ 1.9.2. Loss Aversion According to Daniel Kahneman and Amol Tversky, loss Aversion is defined as “tendency of people to strongly…

The crisis counselor needs to have a tolerance for ambiguity. We need to walk into any circumstance without personal opinions or feeling for the event. For an example, if we walked into a scene where there had been a traumatic event. We have to be able to bring back a sense of order from a chaotic scene with none of our own biases. We also need to keep a calm, neutral demeanor when going into a high stress situation or we would permit ourselves to be swept away from our own emotional reactions…

We spend a third of our lives sleeping, that is a lot of time as not to pay attention to what happens while we sleep and dream. Why do we dream, do dreams have meaning? These questions have long intrigued scientists. Many people might not remember their dreams, and even those that do usually only remember one or two, but we all dream every night. For centuries scientists have been studying dreams, according to our textbook, scientists are deeply divided about the meaning of dreams and their…

another culture. This can be indicated by an interest in other cultures and open-mindedness towards such. Moreover, empathy and the ability to recognize subtle communicative signals count towards the affective sub-competence. Lastly, the tolerance for ambiguity is a part of the affective competence, meaning the coping with contradiction between one’s own and an-other’s person value and norm…

In tolerating ambiguity in dual relationship is very complex because some of the dual or multiple relationship cannot be avoided whereas, others can. Nevertheless, is meeting my client in a mar-ket place unethical? I will say no! However, this particular situation is unavoidable…

Background & Introduction Allergy is an IgE mediated inflammation of the mucosa or skin after exposure to allergenic substances in susceptible individuals. It is estimated to have 150 million sufferers in Europe which makes it the most common chronic disease [1]. In addition to various environmental factors, a myriad of different cells, genes and specific markers and cytokines have been proposed to play role in the pathology of allergic diseases. Understanding the underlying etiology and…

Religious tolerance is often regarded as a fundamental human right which grants individuals the autonomy to practise their religious faith. Religious tolerance advocates the peaceful coexistence of all religions without any one group being discriminated or oppressed because of their beliefs. Practicing religious tolerance need not mean that individuals validate or agree with certain beliefs or practices, but that they acknowledge the fact that others have the right to their own beliefs and…

My personal stress levels tend to be high but only because I put stressful situations off until the lat minute. I scored a 120 on the stress test showing that I have an A+ personality. I realized that I have both constructive and deconstructive stress in my life. If what is causing me stress isn 't due for a few weeks I would have destructive stress. I tend to feel overwhelmed and mentally breakdown probably because I know I have to do what is stressing me, but I keep putting it off. My stress…

3.2 Hypotheses Individualism index explores the “degree to which people in a society are integrated into groups.” Individualistic societies have loose ties that often only relate an individual to immediate family. They emphasize the “I” versus the “we.” Collectivism describes a society in which tightly-integrated relationships tie extended families and others into in-groups. These in-groups are laced with undoubted loyalty and support each other when a conflict arises with another in-group…

Pastoral Counseling is a wonderful opportunity that pastors have to truly connect with their members on personal issues that may interfering with their relationship with God. The role of pastors in counseling is continuing to grow as many people are looking to pastors to guide them in very hard decisions. Pastors have a major responsibility in leading their congregation, but also in counseling them in biblical ways. Members of the congregation go to the pastor for counseling because they are…