Using Information Aggregation Markets for Decision SupportWaqas Tariq
Information Aggregation Markets, often referred to as prediction markets, are markets that are designed to aggregate information from a disparate pool of human individuals to make predictions about the likely outcome of future uncertain events. This paper looks at how Information Aggregation Markets can be incorporated into the standard body of decision making theory. It examines how Information Aggregation Markets can be used as decision support systems, and provides empirical evidence from a wide variety of sources as to the effectiveness and practicality of Information Aggregation Markets. Finally, this paper details some future research questions to be addressed in the area of Information Aggregation Markets.
Using Information Aggregation Markets for Decision SupportWaqas Tariq
Information Aggregation Markets, often referred to as prediction markets, are markets that are designed to aggregate information from a disparate pool of human individuals to make predictions about the likely outcome of future uncertain events. This paper looks at how Information Aggregation Markets can be incorporated into the standard body of decision making theory. It examines how Information Aggregation Markets can be used as decision support systems, and provides empirical evidence from a wide variety of sources as to the effectiveness and practicality of Information Aggregation Markets. Finally, this paper details some future research questions to be addressed in the area of Information Aggregation Markets.
Tech transfer making it as a risk free approach in pharmaceutical and biotech iniaemedu
Tech transfer is a common methodology for transferring new products or an existing
commercial product to R&D or to another manufacturing site. Transferring product knowledge to the
manufacturing floor is crucial and it is an ongoing approach in the pharmaceutical and biotech
industry. Without adopting this process, no company can manufacture its niche products, let alone
market them. Technology transfer is a complicated, process because it is highly cross functional. Due
to its cross functional dependence, these projects face numerous risks and failure. If anidea cannot be
successfully brought out in the form of a product, there is no customer benefit, or satisfaction.
Moreover, high emphasis is in sustaining manufacturing with highest quality each and every time. It
is vital that tech transfer projects need to be executed flawlessly. To accomplish this goal, risk
management is crucial and project team needs to use the risk management approach seamlessly.
Abstract
In the broader sense, all printed matter, in a narrower but widespread usage. A fundamental means of informing the public and disseminating ideas, print is a powerful weapon of social and political struggle. Johannes Gutenberg’s invented printing press in 1453. Newspapers developed from about 1612 with the first example in English in 1620. The first circulation of newspapers arose in the early 1800. In the field of media where all media plays an important role but print media are still the favourite one for shaping public opinion which leads to proper decision making on a pertinent cause or issue belongs to public perception. They possess a large amount of power when it comes to public perception. There are seven good reasons for why print media : a tool for reader’s decision making such as reach & reliability, readers have deep relationship with print medium, connection and sharing, print media continues to have a universal appeal with huge variety of content, it allows readers to go online using bridging technologies, It gives any brand an immediate response, as virtually all of the reach is delivered on the day the ad appears. We use print media more appropriate Bcoz of sensory media experience, ideal marketing medium, creating engagement, digging deeper with print, print increases the ROI etc. so in some or the other way print still play an important role.
The Development of Virtual World Tools to Enhance Learning and Real World Dec...Helen Farley
In farming, the outcome of critical decisions to enhance productivity and profitability, and so ensure the viability of farming enterprises, is often influenced by seasonal conditions and weather events over the growing season. This paper reports on a project that uses cutting-edge advances in digital technologies, and their application in
learning environments, to develop and evaluate a web-based virtual ‘discussion-support’ system for improved climate risk management in Australian sugar farming systems. Customized scripted video clips (machinima) are created in the Second Life virtual world environment. The videos use contextualized settings and lifelike avatar actors to model conversations about climate risk and key farm operational decisions relevant to the real-world lives and practices of sugarcane farmers. The tools generate new cognitive schema for farmers to access and provide stimuli for discussions around how to incorporate an understanding of climate risk into operational decision-making. They also have potential to provide cost-effective agricultural extension that simulates real world face-to-face extension services, but is accessible anytime anywhere.
Desires and Decisions - A look into how positive emotions influence decision ...Shiva Kakkar
In the past few years the field of emotions has increasingly attracted the attention of researchers. A major reason for this is the ability of emotions to influence human motivation and actions by influencing the cognitive processes of the brain (Latham, 2007). Research by Kahneman and Tversky (1973) has for long suggested that not all human decisions are rational in nature. A significant part of irrational decision making can be attributed to the play of emotions in human beings. Thus, it is interesting to see how emotions interfere with the thinking process of individuals. The paper specifically attempts to view the effect of positive emotions i.e. feeling of happiness, joy and/or enthusiasm on the decision making process in human beings. In order to achieve this, two opposite scientific views in the form of a critique and a refutation are presented to understand the utility of positive emotions in decision making.
Abstract:
Man got civilized with exchange of information and freedom of expression among groups and masses over the period of time. The mainstream media especially public service broadcaster has tried to reach maximum socially and geographically in the country but did not reach to local expectation of the community and that’s why community radio came into existence as an alternative media. Whatever happens, happens for good, now, government realized the need of community radio within the geography and started allocating spectrum to the need base community so that community becomes responsible and accountable to each other including governments and empowered the community to get participative & live life democratically.
The radio today, is the effective source of information but to most of us it is a passion to get participative in the community at a large. India is a multi dimensional country in terms of population, culture, religion, ethnicity, perception and belief systems, therefore, the terrain of some of the areas is difficult, making them almost inaccessible and by far cut off from the mainstream and similar could be the case of community radios within the capacity limit. Therefore, Akashvani(AIR) has had the challenge of reaching out to even far flung of regions, hence both public service broadcaster and alternate media seems to be at a nascent yet promising and prospective stage, ripe of proper documentation and development of global tools and processes in this digital world. For now, integration remains an ad-hoc and highly individual enterprise. It is important to continue to document and share need based success & failure approach of public service broadcaster and community radios to enable successful adoption of new incarnations by community radio stations.
Tech transfer making it as a risk free approach in pharmaceutical and biotech iniaemedu
Tech transfer is a common methodology for transferring new products or an existing
commercial product to R&D or to another manufacturing site. Transferring product knowledge to the
manufacturing floor is crucial and it is an ongoing approach in the pharmaceutical and biotech
industry. Without adopting this process, no company can manufacture its niche products, let alone
market them. Technology transfer is a complicated, process because it is highly cross functional. Due
to its cross functional dependence, these projects face numerous risks and failure. If anidea cannot be
successfully brought out in the form of a product, there is no customer benefit, or satisfaction.
Moreover, high emphasis is in sustaining manufacturing with highest quality each and every time. It
is vital that tech transfer projects need to be executed flawlessly. To accomplish this goal, risk
management is crucial and project team needs to use the risk management approach seamlessly.
Abstract
In the broader sense, all printed matter, in a narrower but widespread usage. A fundamental means of informing the public and disseminating ideas, print is a powerful weapon of social and political struggle. Johannes Gutenberg’s invented printing press in 1453. Newspapers developed from about 1612 with the first example in English in 1620. The first circulation of newspapers arose in the early 1800. In the field of media where all media plays an important role but print media are still the favourite one for shaping public opinion which leads to proper decision making on a pertinent cause or issue belongs to public perception. They possess a large amount of power when it comes to public perception. There are seven good reasons for why print media : a tool for reader’s decision making such as reach & reliability, readers have deep relationship with print medium, connection and sharing, print media continues to have a universal appeal with huge variety of content, it allows readers to go online using bridging technologies, It gives any brand an immediate response, as virtually all of the reach is delivered on the day the ad appears. We use print media more appropriate Bcoz of sensory media experience, ideal marketing medium, creating engagement, digging deeper with print, print increases the ROI etc. so in some or the other way print still play an important role.
The Development of Virtual World Tools to Enhance Learning and Real World Dec...Helen Farley
In farming, the outcome of critical decisions to enhance productivity and profitability, and so ensure the viability of farming enterprises, is often influenced by seasonal conditions and weather events over the growing season. This paper reports on a project that uses cutting-edge advances in digital technologies, and their application in
learning environments, to develop and evaluate a web-based virtual ‘discussion-support’ system for improved climate risk management in Australian sugar farming systems. Customized scripted video clips (machinima) are created in the Second Life virtual world environment. The videos use contextualized settings and lifelike avatar actors to model conversations about climate risk and key farm operational decisions relevant to the real-world lives and practices of sugarcane farmers. The tools generate new cognitive schema for farmers to access and provide stimuli for discussions around how to incorporate an understanding of climate risk into operational decision-making. They also have potential to provide cost-effective agricultural extension that simulates real world face-to-face extension services, but is accessible anytime anywhere.
Desires and Decisions - A look into how positive emotions influence decision ...Shiva Kakkar
In the past few years the field of emotions has increasingly attracted the attention of researchers. A major reason for this is the ability of emotions to influence human motivation and actions by influencing the cognitive processes of the brain (Latham, 2007). Research by Kahneman and Tversky (1973) has for long suggested that not all human decisions are rational in nature. A significant part of irrational decision making can be attributed to the play of emotions in human beings. Thus, it is interesting to see how emotions interfere with the thinking process of individuals. The paper specifically attempts to view the effect of positive emotions i.e. feeling of happiness, joy and/or enthusiasm on the decision making process in human beings. In order to achieve this, two opposite scientific views in the form of a critique and a refutation are presented to understand the utility of positive emotions in decision making.
Abstract:
Man got civilized with exchange of information and freedom of expression among groups and masses over the period of time. The mainstream media especially public service broadcaster has tried to reach maximum socially and geographically in the country but did not reach to local expectation of the community and that’s why community radio came into existence as an alternative media. Whatever happens, happens for good, now, government realized the need of community radio within the geography and started allocating spectrum to the need base community so that community becomes responsible and accountable to each other including governments and empowered the community to get participative & live life democratically.
The radio today, is the effective source of information but to most of us it is a passion to get participative in the community at a large. India is a multi dimensional country in terms of population, culture, religion, ethnicity, perception and belief systems, therefore, the terrain of some of the areas is difficult, making them almost inaccessible and by far cut off from the mainstream and similar could be the case of community radios within the capacity limit. Therefore, Akashvani(AIR) has had the challenge of reaching out to even far flung of regions, hence both public service broadcaster and alternate media seems to be at a nascent yet promising and prospective stage, ripe of proper documentation and development of global tools and processes in this digital world. For now, integration remains an ad-hoc and highly individual enterprise. It is important to continue to document and share need based success & failure approach of public service broadcaster and community radios to enable successful adoption of new incarnations by community radio stations.
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Имя и Фамилия
Кайртаева Жадыра
Группа, Факультет
ТМЖ-301,ММиТ
E-mail
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Zhadeka Kairtaeva