Distinctive features of student borrowers and suboptimal investor decision‐making: Evidence from the P2P lending market

2020 ◽  
Vol 49 (6) ◽  
pp. 860-883
Author(s):  
Dongwoo Kim ◽  
Jihun Kim
Keyword(s):  
Decision Making ◽  
Distinctive Features ◽  
P2p Lending

scholarly journals La peculiare costituzione dell'Unione Europea

2013 ◽  
Author(s):  
John Erik Fossum ◽  
Agustin José Menendez
Keyword(s):  
Decision Making ◽  
European Union ◽  
Institutional Structure ◽  
Constitutional Reform ◽  
Democratic Legitimacy ◽  
The European Union ◽  
Distinctive Features

A unique political animal, the European Union has given rise to important constitutional conundrums and paradoxes that John Erik Fossum and Agustín José Menéndez explore in detail in this book. The authors consider the process of forging the EU's constitution and the set of fundamental norms that define the institutional structure, the decision-making procedures, and the foundations of the Union's democratic legitimacy. Their analysis illuminates the distinctive features of the EU's pluralist constitutional construct but also the interesting parallels to the Canadian constitutional experience and provides the tools to understand the Union's development, especially during the Laeken (2001–2005) and Lisbon (2007–2009) processes of constitutional reform.

scholarly journals DO PRECEDENTS CREATE RULES?

Legal Theory ◽  
2005 ◽  
Vol 11 (1) ◽  
pp. 1-26 ◽  
Author(s):  
Grant Lamond
Keyword(s):  
Decision Making ◽  
Basic Assumption ◽  
Common Law ◽  
Rule Based ◽  
Distinctive Features ◽  
Conventional View ◽  
Adequate Theory ◽  
The Common

The doctrine of precedent is one of the most distinctive features of the modern common law. Understanding the operation of precedent is important for our theorizing about the nature of law, since any adequate theory must be compatible with the practice. In this paper I will explore the conventional view of precedent endorsed by practitioners and many legal philosophers alike. I will argue that for all its attractions, it provides a distorted view of the nature of precedent. The distortion grows out of the basic assumption that precedents create rules, and thus that the common law can be understood as a form of rule-based decision-making. Instead, the common law is a form of case-by-case decision-making, and the doctrine of precedent constrains this decision-making by requiring later courts to treat earlier cases as correctly decided. The relevance of earlier cases is not well understood in terms of rules—they are better understood as a special type of reason.

scholarly journals A Measurement Scale for Indecisiveness and its Relationship to Career Indecision and Other Types of Indecision

2002 ◽  
Vol 18 (2) ◽  
pp. 113-122 ◽  
Author(s):  
Veerle Germeijs ◽  
Paul De Boeck
Keyword(s):  
Decision Making ◽  
Factor Analysis ◽  
Confirmatory Factor Analysis ◽  
Career Decision ◽  
Self Esteem ◽  
Career Indecision ◽  
Measurement Scale ◽  
Differential Relation ◽  
Distinctive Features ◽  
Confirmatory Factor

Summary: A scale for indecisiveness was constructed and then used to investigate distinctive features of indecisiveness. In the literature on decision making, the distinction between indecision and indecisiveness is an important issue, but evidence showing that these two constructs are different is lacking. We found clear evidence for such a distinction, from a joint exploratory factor analysis of the indecisiveness scale and a career indecision scale, and from the differential relation of both with self-esteem as a third variable. Furthermore, with confirmatory factor analysis, we found that the correlations between items on career indecision cannot be explained only by indecisiveness, and that also a factor specific to the situation of career decision is needed. These results corroborate the distinction between career indecision and indecisiveness. Although it must be differentiated from specific types of indecision, such as career indecision, indecisiveness turned out to be a correlate of the specific indecisions - one that can explain the intercorrelations between different kinds of more specific indecision.

Online Peer-to-peer Lending Decision Making: Model Development and Testing

2016 ◽  
Vol 44 (1) ◽  
pp. 117-130 ◽  
Author(s):  
Qingyao Wan ◽  
Dongyu Chen ◽  
Weihua Shi
Keyword(s):  
Decision Making ◽  
Model Development ◽  
Peer To Peer ◽  
Initial Trust ◽  
Perceived Benefit ◽  
Decision Making Processes ◽  
P2p Lending ◽  
Using Data ◽  
Lending Decision ◽  
Decision Making Model

We explored lenders' decision-making processes in online peer-to-peer (P2P) lending by drawing on trust theory and the valence framework to develop an integrated decisionmaking model, which we then tested empirically using data from a survey conducted with 474 online lenders in China. The results showed that initial trust and perceived benefit determined willingness to lend, and that the fear of borrower opportunism did not have a significant impact on this willingness. Initial trust increased willingness to lend both directly and indirectly, increased it by increasing perceived benefit. We have identified the specific features of online P2P lending and provided valuable insights for borrowers, lenders, and intermediaries.

scholarly journals Addressing Disconnection: Automated Decision-Making, Administrative Law and Regulatory Reform

2021 ◽  
Vol 44 (3) ◽  
Author(s):  
Anna Huggins
Keyword(s):  
Decision Making ◽  
Judicial Review ◽  
Regulatory Reform ◽  
Administrative Law ◽  
Government Agencies ◽  
Mental Process ◽  
Automated Systems ◽  
Regulatory Evolution ◽  
Distinctive Features ◽  
Automated Decision Making

Automation is transforming how government agencies make decisions. This article analyses three distinctive features of automated decision-making that are difficult to reconcile with key doctrines of administrative law developed for a human-centric decision-making context. First, the complex, multi-faceted decision-making requirements arising from statutory interpretation and administrative law principles raise questions about the feasibility of designing automated systems to cohere with these expectations. Secondly, whilst the courts have emphasised a human mental process as a criterion of a valid decision, many automated decisions are made with limited or no human input. Thirdly, the new types of bias associated with opaque automated decision-making are not easily accommodated by the bias rule, or other relevant grounds of judicial review. This article, therefore, argues that doctrinal and regulatory evolution are both needed to address these disconnections and maintain the accountability and contestability of administrative decisions in the digital age.

Training for Aviation Decision Making: The Naturalistic Decision Making Perspective

1995 ◽  
Vol 39 (20) ◽  
pp. 1258-1262 ◽  
Author(s):  
Judith Orasanu
Keyword(s):  
Decision Making ◽  
Naturalistic Decision Making ◽  
Distinctive Features ◽  
Performance Analyses ◽  
Performance Strategies

This paper describes the implications of a naturalistic decision making (NDM) perspective for training air crews to make flight-related decisions. The implications are based on two types of analyses: (1) identification of distinctive features that serve as a basis for classifying a diverse set of decision events actually encountered by flight crews, and (2) performance strategies that distinguish more from less effective crews flying full-mission simulators, as well as performance analyses from NTSB accident investigations. Six training recommendations are offered.

scholarly journals Method for dealing with non-stationary natural and simulating interference in intellectual surveillance radars

Radiotekhnika ◽  
2021 ◽  
pp. 115-121
Author(s):  
V. Zhyrnov ◽  
S. Solonskaya ◽  
V. Zarytskyi
Keyword(s):  
Decision Making ◽  
Time Domain ◽  
Semantic Analysis ◽  
Human Operator ◽  
Symbolic Model ◽  
Distinctive Features ◽  
Amplitude Fluctuations ◽  
Radar Signals ◽  
Symbolic Images ◽  
The Time Domain

The article discusses a method for dealing with non-stationary natural and simulating interference in intelligent surveillance radars. When creating simulating marks, the introduction of amplitude modulation into the relayed radar sounding signal is used. As a result of the analysis, it was possible to find out that in the imitating noise, in this case, the so-called "intelligent" fluctuations of the burst structure of false marks appear, which differ from the fluctuations of the packs of real marks and can be easily detected by a human operator. The method is based on the definition of semantic components at the stage of formation and analysis of a symbolic model of amplitude fluctuations of a burst of signals from non-stationary natural and simulating interference and from real moving objects. In this case, the semantic features of amplitude fluctuations are determined by solving predicate equations for transforming these fluctuations into symbolic images of noise marks and real mobile aircraft. As a result of semantic analysis of the amplitude fluctuations of the burst in the time domain, classification distinctive features of fluctuations in the burst of signals from natural imitating noise and air objects were obtained. The semantic components of the decision-making algorithm are investigated, which are similar to the decision-making algorithms by a human operator. Process knowledge of transforming radar signals into symbolic images of amplitude fluctuations of a burst in the time domain is formalized. The formalization of the processing of symbolic images includes a system of predicate equations, by solving which the types of amplitude fluctuations of the burst are identified. Based on the results of experimental data, the transformations of real radar signals into symbolic images of burst fluctuations were carried out on the basis of the algebra of finite predicates. The authors also managed to propose these transformations to be used as the basis of an effective toolkit for obtaining classification distinctive features of packet fluctuations from interference and from aircraft.

scholarly journals The High Court on Constitutional Law: The 2019 Statistics

2020 ◽  
Author(s):  
Andrew Lynch
Keyword(s):  
Decision Making ◽  
High Frequency ◽  
Constitutional Law ◽  
Distinctive Features ◽  
High Court ◽  
Chief Justice

This article presents data on the High Court’s decision-making in 2019, examining institutional and individual levels of unanimity, concurrence and dissent. It points out distinctive features of those decisions – noting particularly the high frequency of both seven- member benches and the number of cases decided by concurrence over 2019. The latter suggests the possibility of greater judicial individualism re-emerging on the Court despite the clear endorsement of the ‘collegiate approach’ by Chief Justice Kiefel and its practice in the first two years of her tenure as the Chief Justice. This article is the latest instalment in a series of annual studies conducted by the authors since 2003.

Sign in / Sign up

Export Citation Format

Share Document