Rational expectations

Question 1 Some of the fraud risk factors at Peregrine include; the nature of transactions (cash), Separation of duties, Complexity of transactions, dominance, and expectations. The fraud triangle includes three portions in order for fraud to take place; these portions are opportunity, rationalization, and pressure. The risk of fraud decreases significantly when multiple employees are involved in different phases of a transaction. During the embezzlement Wasendorf, was the only one in the…

Introduction The teachings of Gita contain the cream of the Vedas and Upanishads. Therefore those read Gita carefully need not to read all Vedas and Upanishad. Gita is a universal scripture message of which is universally applicable anywhere, anytime and at any place. One should not forget basic knowledge given in Gita therefore he/she should recite it every day. It means one should always remain connected with this supreme reality. All religious teachings ask people to remain connected with…

policy consensus. The elements of policy arguments, persuasion, and deliberation can be found in the culture community. As Deborah Stone (2002) in her work policy decision-making, argues that human beings are not holistically rational actors, but policy decisions lie between rational facts and democratic indoctrination of values. Rules are structured on ideals, symbols, and opinions (Stone 2002; Ertas 2015; Heikkila et al. 2014; Hampton, 2009). Even Harold Lasswell (1970), outlining the purpose…

Moreno’s current competency to stand trial. The New Mexico Criteria for Determining Competence states: (1) The client must have a factual understanding of the charges and legal proceedings, (2) The client must also have a rational understanding of the charges and legal proceedings, and (3) The client must have the ability to assist his or her attorney [State v. Rotherham, 122 N.M. 246, 252; 923 P.2d 1131, 1137 (1996)]. It was found that Mr. Moreno’s past mental health issues…

positive or negative can influence a child’s behavior in dramatic fashion. In many respects and professional opinions such as Carl Rogers and Abraham Maslow, parents seek to classify a child’s behavior as a reflection of their own rules and expectations. In many ways parents can have a positive approach to affect their child’s behavior. Parental impact…

three aspects of one’s psyche in decision making. Furthermore, when looking at the rationales and the decisions that characterize Andersen’s creations in various stories, the reader is able to gain more insight into Andersen’s instinctual, moral, and rational personalities. In the Emperor’s New Clothes, Andersen tells the tale of an egotistical emperor who perpetually pampers himself. The Emperor squanders vast amounts of money on buying clothes from all around the world. One day, two cunning…

(Finkelstein et al,. 2009) demonstrates an example in which the theory will not work, namely for top managers. The ambiguity of the top management task (Mintzberg, 1973) weakens managerial expectations that effort will result in performance, since exogenous factors like the economy might influence a company’s performance. Moreover the marginal value of additional compensation for top managers already earning millions of dollars may not be that…

urban environments, weapons-carrying and excessive partying are all tightly correlated with becoming victims of crime. Lifestyle theory places the reality of victimisation in the choices of the person. As a result, this falls under the category of a “rational choice” theory. This means that crime, whether in its commission or victimisation, is based on the choices of both groups. People put themselves in harm's way when they mix with the wrong people and in the wrong situations. Groups that…

are free to make decisions, and that punishment can be a deterrent to crime, the punishment is proportionate, fits the crime, and are expeditiously. The theory that participates in the classical school of criminology is that "criminals make the rational choice and choose to commit criminal acts because of the maximum pleasure and minimum pain," (Classical, 2012). Theorist went further to explain that to discourage and lessen crime, and the severity of certain penalties must be proportionate…

that the gardener must not have been in his correct role, and that since happiness is a lifetime pursuit, these small interim steps are not roadblocks to happiness. He would also not be moved by the complexity of his theory; life is supposed to be rational and contemplative,…