Robert C. Merton

Sort By:
Decent Essays
Good Essays
Better Essays
Amazing Essays
Best Essays
    Page 1 of 50 - About 500 Essays
  • Amazing Essays

    Midas Formula Case Study

    • 1229 Words
    • 5 Pages

    Everyone used the formula, made tons of money, but when markets collapsed blamed the academics for making a faulty formula. It is always the case someone else is always wrong, because they were not smart enough to create a perfect formula. Also, once formulas failed LTCM continued investing in the same way, but rest of the market was not. It is interesting how peoples’ perceptions change once they come in contact with uncertainty of the chaotic markets. it’s almost as if years and years of science goes out the window and emotions become the #1 driving force. Who knows perhaps if all ignored the chaos and kept investing as robots maybe outcome would be different. But again, in 21st century where computers are the traders, flash crashes happen. [c] what you learned (what surprised you)? What surprised me is how accurate the formula is once markets are acting normal. It literally predicts the price of an option at any given time. This is an equivalent of owning a time machine. And the solutions to the hardest of problems is always the easiest answer. Handful of variables thrown together in a blender give you the best bet. The only problem is that academics removed the uncertainty by introducing cumulative standard deviation. In my opinion cumulative standard deviation itself is fraud it only works when it works. [d] any other personal insights about the main message of this piece, such as how might this impact your future career? First, Behavioral finance might be the key.…

    • 1229 Words
    • 5 Pages
    Amazing Essays
  • Good Essays

    Strain theory has been define in varies ways, Robert K. Merton describes it as social structures/societal goals that are presented to people as what they should strive towards in order to be successful in life, but at the same time society does not provide any effective legitimate means to reach that goals (Merton, 1938, Pg.675). Those who are in the lower brackets of society, and do to the pressure that society puts on the individual it leads to those individual finding other illegitimate means…

    • 836 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Psy 250 Proff Gross Mohamad Zowail The Self Fulfilling Prophecy Psychology has long emphasized the power of beliefs to shape reality (Rosenthal & Jacobson, 1968). Research of the 1940s and 1950s which promoted the idea that perception is heavily influenced by people’s goals, needs, fears, and motives. The self-fulfilling prophecy, which happens subconsciously, is central to this theoretical perspective because it involves the behavioral confirmation of false beliefs (Merton, 1948). In…

    • 2036 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Again illustrating the current climate of politics in America where emphasis is placed on the ability to compel acquiescence rather than the ability to effectively lead the nation into a prosperous future. In examining the language most likely to sway political opinion Mr. Luntz has been known to use what he considers to be “focus groups”. Focus groups are often used to validate or dispel a theory. They are often concluded with a formal report of findings. This allows for the independent…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Amazing Essays

    Operation Anaconda Essay

    • 1518 Words
    • 7 Pages

    A small group of US SOF would fight against Taliban and Al Qaeda forces in a 17-hour intense battle atop Roberts Ridge. Eight US SOF personnel were killed atop Takur Ghar with multiple wounded in action. The eight American lives were more combat deaths than any US unit had suffered in a single day since 1993, when 18 SOF Soldiers died in the battle of Mogadishu, Somalia. In honor of Navy SEAL Neil C. Roberts, the battle would be known as the battle of Roberts Ridge. In support of…

    • 1518 Words
    • 7 Pages
    Amazing Essays
  • Good Essays

    Home is more than just a word in the dictionary home is simply what a person makes it. Home has many different meanings. Think about the quote “A house is made of brick and mortar, but home is made by the people who live there. M. K. Soni” this quote has so many different meanings. Is home just four walls, windows, and a few decorations sitting around, or is a home what one surrounds themselves with? Is home a white picket fence with a white house in the background with a red door and shutters…

    • 1617 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Jeremy Black is a professor of History at the University of Exeter. He studied at Queens' College Cambridge, St John's College Oxford, and Merton College Oxford before joining the University of Durham as a lecturer. Where he gained his PhD and ultimately his professorship. He has authored over 100 books, mainly in 18th century British politics and international relations. Black claims Napoleon was more than a conqueror, that his deeds go beyond military exploits. Black states that Napoleon was a…

    • 1833 Words
    • 8 Pages
    Good Essays
  • Better Essays

    WHAT IS OBJECT ORIENTED PROGRAMMING? Object oriented programming in a methodology of software development that allows for the designation of functions to be applied to data structures such as classes, these classes are referred to as objects, hence the name. Object-Oriented coding is one of multiple major programming paradigms. These include but are not limited to; Imperative, Logical, Functional and Object oriented. Problems that can be solved by one of these paradigms can normally be solved by…

    • 1119 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Opc Disadvantages

    • 1133 Words
    • 5 Pages

    There are different types of programming such as object-oriented programming (OOP), event-driving programming (EDP), and procedural program, (PP). Some people may agree that there are advantages of using OOP instead of only using PP. A class may have one attribute and one method, in which the class represents an event, the attributes the class stores and the purpose of the method. The class, attributes, and methods share a relationship. Visual Logic is used to learn about programming but lacks…

    • 1133 Words
    • 5 Pages
    Better Essays
  • Good Essays

    When I started this course, I was unaware of the different types of writing and the massive amounts of research behind it. Prompts given to me were thought provoking and interesting, so I took a lot of interest in various types of arguments and assignments. What caught my interest in this subject is how, as a writer, one has to argue from both sides, include research data to support them, and then conclude them with a winning argument. My collection of persuasive writing demonstrates that I…

    • 1231 Words
    • 5 Pages
    Good Essays
  • Previous
    Page 1 2 3 4 5 6 7 8 9 50