Search results
Results From The WOW.Com Content Network
John C. Norcross is among the psychologists who have simplified the balance sheet to four cells: the pros and cons of changing, for self and for others. [19] Similarly, a number of psychologists have simplified the balance sheet to a four-cell format consisting of the pros and cons of the current behaviour and of a changed behaviour. [20]
The concept of "two sets of books" refers to the practice of keeping two sets of accounting ledgers ("books").In colloquial terms, this practice may refer to fraudulent behavior, i.e. attempting to hide or disguise financial transactions from outsiders by having a falsified set of records for official use and another for internal recordkeeping.
The purpose of double-entry bookkeeping is to allow the detection of financial errors and fraud. For example, if a business takes out a bank loan for $10,000, recording the transaction in the bank's books would require a DEBIT of $10,000 to an asset account called "Loan Receivable", as well as a CREDIT of $10,000 to an asset account called "Cash".
Using this model, they propose assessing individuals' differing levels of commitment with regard to tasks by measuring it on a scale of intent from motivation(an emotion) to volition (a decision). Discussions of impulse control (e.g., Kuhl and Heckhausen) and education (e.g., Corno), also make the motivation-volition distinction.
Momentum accounting and triple-entry bookkeeping is an alternative accountancy system developed by Japanese academic Yuji Ijiri and is the title of his 1989 monograph. [1] It is a proposed alternative to double-entry bookkeeping, the method favored by the worldwide financial accounting system.
Double-loop learning entails the modification of goals or decision-making rules in the light of experience. In double-loop learning, individuals or organizations not only correct errors based on existing rules or assumptions (which is known as single-loop learning), but also question and modify the underlying assumptions, goals, and norms that ...
The Dutch book arguments are used to explore degrees of certainty in beliefs, and demonstrate that rational agents must be Bayesian; [2] in other words, rationality requires assigning probabilities to events that behave according to the axioms of probability, and having preferences that can be modeled using the von Neumann–Morgenstern axioms.
Price action trading is about reading what the market is doing, so you can deploy the right trading strategy to reap the maximum benefits. In simple words, price action is a trading technique in which a trader reads the market and makes subjective trading decisions based on the price movements, rather than relying on technical indicators or other factors.