Author: Andrew Hopkins
Publisher: CRC Press
ISBN: 1317062582
Category : Technology & Engineering
Languages : en
Pages : 142
Book Description
Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.
Risky Rewards
Author: Andrew Hopkins
Publisher: CRC Press
ISBN: 1317062582
Category : Technology & Engineering
Languages : en
Pages : 142
Book Description
Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.
Publisher: CRC Press
ISBN: 1317062582
Category : Technology & Engineering
Languages : en
Pages : 142
Book Description
Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.
Risky Rewards
Author: Andrew Hopkins
Publisher: Ashgate Publishing, Ltd.
ISBN: 147244986X
Category : Political Science
Languages : en
Pages : 193
Book Description
Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.
Publisher: Ashgate Publishing, Ltd.
ISBN: 147244986X
Category : Political Science
Languages : en
Pages : 193
Book Description
Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.
Temporal Dynamics of Reward Processing in Humans: From Anticipation to Consummation
Author: Ya Zheng
Publisher: Frontiers Media SA
ISBN: 2889660745
Category : Psychology
Languages : en
Pages : 128
Book Description
This eBook is a collection of articles from a Frontiers Research Topic. Frontiers Research Topics are very popular trademarks of the Frontiers Journals Series: they are collections of at least ten articles, all centered on a particular subject. With their unique mix of varied contributions from Original Research to Review Articles, Frontiers Research Topics unify the most influential researchers, the latest key findings and historical advances in a hot research area! Find out more on how to host your own Frontiers Research Topic or contribute to one as an author by contacting the Frontiers Editorial Office: frontiersin.org/about/contact.
Publisher: Frontiers Media SA
ISBN: 2889660745
Category : Psychology
Languages : en
Pages : 128
Book Description
This eBook is a collection of articles from a Frontiers Research Topic. Frontiers Research Topics are very popular trademarks of the Frontiers Journals Series: they are collections of at least ten articles, all centered on a particular subject. With their unique mix of varied contributions from Original Research to Review Articles, Frontiers Research Topics unify the most influential researchers, the latest key findings and historical advances in a hot research area! Find out more on how to host your own Frontiers Research Topic or contribute to one as an author by contacting the Frontiers Editorial Office: frontiersin.org/about/contact.
Risky Decision Making in Psychological Disorders
Author: Melissa Buelow
Publisher: Academic Press
ISBN: 0128150033
Category : Psychology
Languages : en
Pages : 413
Book Description
Risky Decision Making in Psychological Disorders provides readers with a detailed examination of how risky decision making is affected by a wide array of individual psychological disorders. The book starts by providing important background information on the construct of risky decision making, the assessment of risky decision making, and the neuroscience behind such decision making. The Iowa Gambling Task, Balloon Analogue Risk Task, and other behavioral measures are covered, as are topics such as test reliability and the pros and cons of utilizing tasks that have strong practice effects. The book then moves into how risky decision making is affected by specific psychological disorders, such as addictive behaviors, anxiety disorders, mood disorders, schizophrenia, sleep disorders, eating disorders, and more. - Explores how risky decision making is affected by different psychological disorders - Examines risky decision making and ADHD, psychosis, mood/anxiety disorders, and more - Synthesizes the research on risky decision making - Discusses merits/limitations of the Iowa Gambling Task and other behavioral measures - Covers risky decision making and its associations with other executive functions
Publisher: Academic Press
ISBN: 0128150033
Category : Psychology
Languages : en
Pages : 413
Book Description
Risky Decision Making in Psychological Disorders provides readers with a detailed examination of how risky decision making is affected by a wide array of individual psychological disorders. The book starts by providing important background information on the construct of risky decision making, the assessment of risky decision making, and the neuroscience behind such decision making. The Iowa Gambling Task, Balloon Analogue Risk Task, and other behavioral measures are covered, as are topics such as test reliability and the pros and cons of utilizing tasks that have strong practice effects. The book then moves into how risky decision making is affected by specific psychological disorders, such as addictive behaviors, anxiety disorders, mood disorders, schizophrenia, sleep disorders, eating disorders, and more. - Explores how risky decision making is affected by different psychological disorders - Examines risky decision making and ADHD, psychosis, mood/anxiety disorders, and more - Synthesizes the research on risky decision making - Discusses merits/limitations of the Iowa Gambling Task and other behavioral measures - Covers risky decision making and its associations with other executive functions
Psychology of Decision Making in Economics, Business and Finance
Author: Klaus P. Hofmann
Publisher: Nova Publishers
ISBN: 9781600219177
Category : Business & Economics
Languages : en
Pages : 246
Book Description
In a fast-moving world, the necessity of making decisions, and preferably good ones, has become even more difficult. One reason is the variety and number of choices perhaps available which often are not presented or understood. Alternatives are often unclear and complex paths to them confusing and misleading. Thus the process of decision making itself requires analysis on an ongoing basis. Decision making is often made based on cultural factors whereas the best alternative might be quite different. The subject touches ethics aspects as well as psychological considerations. This book presents important research on the psychology of decision making related to economics, business and finance.
Publisher: Nova Publishers
ISBN: 9781600219177
Category : Business & Economics
Languages : en
Pages : 246
Book Description
In a fast-moving world, the necessity of making decisions, and preferably good ones, has become even more difficult. One reason is the variety and number of choices perhaps available which often are not presented or understood. Alternatives are often unclear and complex paths to them confusing and misleading. Thus the process of decision making itself requires analysis on an ongoing basis. Decision making is often made based on cultural factors whereas the best alternative might be quite different. The subject touches ethics aspects as well as psychological considerations. This book presents important research on the psychology of decision making related to economics, business and finance.
Quantitative Methods for Economics and Finance
Author: J.E. Trinidad-Segovia
Publisher: MDPI
ISBN: 3036501967
Category : Business & Economics
Languages : en
Pages : 418
Book Description
This book is a collection of papers for the Special Issue “Quantitative Methods for Economics and Finance” of the journal Mathematics. This Special Issue reflects on the latest developments in different fields of economics and finance where mathematics plays a significant role. The book gathers 19 papers on topics such as volatility clusters and volatility dynamic, forecasting, stocks, indexes, cryptocurrencies and commodities, trade agreements, the relationship between volume and price, trading strategies, efficiency, regression, utility models, fraud prediction, or intertemporal choice.
Publisher: MDPI
ISBN: 3036501967
Category : Business & Economics
Languages : en
Pages : 418
Book Description
This book is a collection of papers for the Special Issue “Quantitative Methods for Economics and Finance” of the journal Mathematics. This Special Issue reflects on the latest developments in different fields of economics and finance where mathematics plays a significant role. The book gathers 19 papers on topics such as volatility clusters and volatility dynamic, forecasting, stocks, indexes, cryptocurrencies and commodities, trade agreements, the relationship between volume and price, trading strategies, efficiency, regression, utility models, fraud prediction, or intertemporal choice.
Decision Neuroscience
Author: Jean-Claude Dreher
Publisher: Academic Press
ISBN: 0128053313
Category : Medical
Languages : en
Pages : 442
Book Description
Decision Neuroscience addresses fundamental questions about how the brain makes perceptual, value-based, and more complex decisions in non-social and social contexts. This book presents compelling neuroimaging, electrophysiological, lesional, and neurocomputational models in combination with hormonal and genetic approaches, which have led to a clearer understanding of the neural mechanisms behind how the brain makes decisions. The five parts of the book address distinct but inter-related topics and are designed to serve both as classroom introductions to major subareas in decision neuroscience and as advanced syntheses of all that has been accomplished in the last decade. Part I is devoted to anatomical, neurophysiological, pharmacological, and optogenetics animal studies on reinforcement-guided decision making, such as the representation of instructions, expectations, and outcomes; the updating of action values; and the evaluation process guiding choices between prospective rewards. Part II covers the topic of the neural representations of motivation, perceptual decision making, and value-based decision making in humans, combining neurcomputational models and brain imaging studies. Part III focuses on the rapidly developing field of social decision neuroscience, integrating recent mechanistic understanding of social decisions in both non-human primates and humans. Part IV covers clinical aspects involving disorders of decision making that link together basic research areas including systems, cognitive, and clinical neuroscience; this part examines dysfunctions of decision making in neurological and psychiatric disorders, such as Parkinson's disease, schizophrenia, behavioral addictions, and focal brain lesions. Part V focuses on the roles of various hormones (cortisol, oxytocin, ghrelin/leptine) and genes that underlie inter-individual differences observed with stress, food choices, and social decision-making processes. The volume is essential reading for anyone interested in decision making neuroscience. With contributions that are forward-looking assessments of the current and future issues faced by researchers, Decision Neuroscience is essential reading for anyone interested in decision-making neuroscience. - Provides comprehensive coverage of approaches to studying individual and social decision neuroscience, including primate neurophysiology, brain imaging in healthy humans and in various disorders, and genetic and hormonal influences on decision making - Covers multiple levels of analysis, from molecular mechanisms to neural-systems dynamics and computational models of how we make choices - Discusses clinical implications of process dysfunctions, including schizophrenia, Parkinson's disease, eating disorders, drug addiction, and pathological gambling - Features chapters from top international researchers in the field and full-color presentation throughout with numerous illustrations to highlight key concepts
Publisher: Academic Press
ISBN: 0128053313
Category : Medical
Languages : en
Pages : 442
Book Description
Decision Neuroscience addresses fundamental questions about how the brain makes perceptual, value-based, and more complex decisions in non-social and social contexts. This book presents compelling neuroimaging, electrophysiological, lesional, and neurocomputational models in combination with hormonal and genetic approaches, which have led to a clearer understanding of the neural mechanisms behind how the brain makes decisions. The five parts of the book address distinct but inter-related topics and are designed to serve both as classroom introductions to major subareas in decision neuroscience and as advanced syntheses of all that has been accomplished in the last decade. Part I is devoted to anatomical, neurophysiological, pharmacological, and optogenetics animal studies on reinforcement-guided decision making, such as the representation of instructions, expectations, and outcomes; the updating of action values; and the evaluation process guiding choices between prospective rewards. Part II covers the topic of the neural representations of motivation, perceptual decision making, and value-based decision making in humans, combining neurcomputational models and brain imaging studies. Part III focuses on the rapidly developing field of social decision neuroscience, integrating recent mechanistic understanding of social decisions in both non-human primates and humans. Part IV covers clinical aspects involving disorders of decision making that link together basic research areas including systems, cognitive, and clinical neuroscience; this part examines dysfunctions of decision making in neurological and psychiatric disorders, such as Parkinson's disease, schizophrenia, behavioral addictions, and focal brain lesions. Part V focuses on the roles of various hormones (cortisol, oxytocin, ghrelin/leptine) and genes that underlie inter-individual differences observed with stress, food choices, and social decision-making processes. The volume is essential reading for anyone interested in decision making neuroscience. With contributions that are forward-looking assessments of the current and future issues faced by researchers, Decision Neuroscience is essential reading for anyone interested in decision-making neuroscience. - Provides comprehensive coverage of approaches to studying individual and social decision neuroscience, including primate neurophysiology, brain imaging in healthy humans and in various disorders, and genetic and hormonal influences on decision making - Covers multiple levels of analysis, from molecular mechanisms to neural-systems dynamics and computational models of how we make choices - Discusses clinical implications of process dysfunctions, including schizophrenia, Parkinson's disease, eating disorders, drug addiction, and pathological gambling - Features chapters from top international researchers in the field and full-color presentation throughout with numerous illustrations to highlight key concepts
The Prefrontal Cortex as an Executive, Emotional, and Social Brain
Author: Masataka Watanabe
Publisher: Springer
ISBN: 4431565086
Category : Medical
Languages : en
Pages : 276
Book Description
This book is devoted to the executive, emotional, social, and integrative functions of the prefrontal cortex (PFC). The PFC has usually been studied only with its executive function or with its emotional function, but recent studies indicate that the PFC plays important roles in integrating executive and emotional functions as well as in social behavior. The first part of the book reviews the functional organization of the PFC in human and nonhuman primates. The subsequent part focuses on the integrator of executive and emotional functions. The third part presents the integrator of executive and social functions, and the final part discusses the default mode of brain activities. There are chapters on animal studies, because functional significance of the PFC cannot be described without referring to those studies. Thus many methodologies are presented such as human neuropsychological, neuroimaging, and stimulation studies, and animal neuropsychological, neurophysiological, neurochemical, neuroanatomical, and neuroimaging studies. Bringing those together, this volume provides a timely and concise picture of the function of the PFC. The result is a valuable resource for students and scientists, providing up-to-date information on this emerging research topic.
Publisher: Springer
ISBN: 4431565086
Category : Medical
Languages : en
Pages : 276
Book Description
This book is devoted to the executive, emotional, social, and integrative functions of the prefrontal cortex (PFC). The PFC has usually been studied only with its executive function or with its emotional function, but recent studies indicate that the PFC plays important roles in integrating executive and emotional functions as well as in social behavior. The first part of the book reviews the functional organization of the PFC in human and nonhuman primates. The subsequent part focuses on the integrator of executive and emotional functions. The third part presents the integrator of executive and social functions, and the final part discusses the default mode of brain activities. There are chapters on animal studies, because functional significance of the PFC cannot be described without referring to those studies. Thus many methodologies are presented such as human neuropsychological, neuroimaging, and stimulation studies, and animal neuropsychological, neurophysiological, neurochemical, neuroanatomical, and neuroimaging studies. Bringing those together, this volume provides a timely and concise picture of the function of the PFC. The result is a valuable resource for students and scientists, providing up-to-date information on this emerging research topic.
Neuroeconomics
Author: Paul E. Phillips
Publisher: Frontiers E-books
ISBN: 2889190277
Category :
Languages : en
Pages : 139
Book Description
The brain is the organ of decision making, and evolved to maximize the outcomes desirable for the survival and reproduction of the species. Compared to the sensory and motor functions of the brain, however, the process of decision making is less accessible to direct experimental manipulations and hence requires more careful theoretical analyses. Indeed, the principle of optimality and frequent departures of human behaviors from those predicted for optimal rational decision makers have long been studied experimentally as well as theoretically. However, it is only recently that neurobiological studies of decision making started exploiting the framework previously developed in economics and psychology systematically. This cross-disciplinary research program, known as neuroeconomics, has already been enormously successful. Increasingly, neuroscientists benefit from the studies of utility theory, game theory, prospect theory, and reinforcement learning theory, and contribute to the refinement of such theories by providing more relevant empirical data. This Research Topic will showcase the recent advances in neuroeconomics that combine economic and behavioral analyses in neurobiological studies of value-based decision making.
Publisher: Frontiers E-books
ISBN: 2889190277
Category :
Languages : en
Pages : 139
Book Description
The brain is the organ of decision making, and evolved to maximize the outcomes desirable for the survival and reproduction of the species. Compared to the sensory and motor functions of the brain, however, the process of decision making is less accessible to direct experimental manipulations and hence requires more careful theoretical analyses. Indeed, the principle of optimality and frequent departures of human behaviors from those predicted for optimal rational decision makers have long been studied experimentally as well as theoretically. However, it is only recently that neurobiological studies of decision making started exploiting the framework previously developed in economics and psychology systematically. This cross-disciplinary research program, known as neuroeconomics, has already been enormously successful. Increasingly, neuroscientists benefit from the studies of utility theory, game theory, prospect theory, and reinforcement learning theory, and contribute to the refinement of such theories by providing more relevant empirical data. This Research Topic will showcase the recent advances in neuroeconomics that combine economic and behavioral analyses in neurobiological studies of value-based decision making.
Risk/Reward
Author: Anne Kreamer
Publisher: Random House
ISBN: 0812997719
Category : Business & Economics
Languages : en
Pages : 165
Book Description
A persuasive and eye-opening look at the importance of embracing risk in our working lives—and how to use it to achieve lifelong career success Some of us relish the chance to fly without a net, others . . . not so much. But no matter how adventurous we might be in our personal lives, most of us are wary of allowing risk into our careers. With an economy in constant flux and a job market in which uncertainty is the only constant, stepping outside one’s comfort zone can feel dangerous. But as the findings of this eye-opening and urgent book attest, the avoidance of risk might pose the greatest danger of all to our career prospects. In Risk/Reward, trend-spotter and career guru Anne Kreamer makes the compelling case that embracing risk is essential to managing a twenty-first-century career. Risk-taking isn’t just for entrepreneurs, nor does it require working on a figurative tightrope. Rather, Kreamer says, conscious, consistent, and modest risk-taking can help us become more able to recognize opportunity when it appears, and more likely to seize the chance to make the right change at the right moment. Risk/Reward presents a framework for making the most of today’s ever-evolving workplace and turning risk-taking into a daily practice. Using proprietary data from three national studies about the American worker, Kreamer explores the importance of career risk-taking through profiles of four Risk/Reward personality types: Pioneers, Thinkers, Defenders, and Drifters. She presents a Risk/Reward Matrix that anyone can use to identify his or her own innate risk threshold, and she identifies constructive ways to implement risk in everyday situations—from initiating an uncomfortable conversation with a boss to sharing out-of-the-box ideas with colleagues or constructively challenging long-held practices in an organization. Peppered throughout Risk/Reward are insights and hard-won wisdom from notable achievers such as bestselling author Anna Quindlen, journalist Jane Pauley, CNBC financial maven Jim Cramer, thought leader Po Bronson, and Facebook COO Sheryl Sandberg. Timely and insightful, Risk/Reward is a unique blend of practical and inspirational wisdom that even the most risk-averse person can harness on the path toward success and fulfillment. Praise for Anne Kreamer’s It’s Always Personal: Navigating Emotion in the New Workplace “A stimulating read bolstered by . . . some of the best recent work on emotional intelligence and the science of happiness.”—The Wall Street Journal “So what should be the rules and boundaries for showing how you feel while you work? That’s a question asked and answered in Anne Kreamer’s fascinating . . . look at an issue that rarely gets discussed.”—The Washington Post “Finally, someone is willing to unpack the morass of anger, anxiety, sadness, and joy that drives the workday. . . . [Kreamer] has hit the ‘It’s about time!’ button.”—Elle “[A] lively, well-researched exploration of emotions on the job.”—Oprah.com “Explores how to be true to your ‘emotional flashpoints—anger, fear, anxiety, empathy, happiness and crying’—without sabotaging your career.”—The New York Times Book Review
Publisher: Random House
ISBN: 0812997719
Category : Business & Economics
Languages : en
Pages : 165
Book Description
A persuasive and eye-opening look at the importance of embracing risk in our working lives—and how to use it to achieve lifelong career success Some of us relish the chance to fly without a net, others . . . not so much. But no matter how adventurous we might be in our personal lives, most of us are wary of allowing risk into our careers. With an economy in constant flux and a job market in which uncertainty is the only constant, stepping outside one’s comfort zone can feel dangerous. But as the findings of this eye-opening and urgent book attest, the avoidance of risk might pose the greatest danger of all to our career prospects. In Risk/Reward, trend-spotter and career guru Anne Kreamer makes the compelling case that embracing risk is essential to managing a twenty-first-century career. Risk-taking isn’t just for entrepreneurs, nor does it require working on a figurative tightrope. Rather, Kreamer says, conscious, consistent, and modest risk-taking can help us become more able to recognize opportunity when it appears, and more likely to seize the chance to make the right change at the right moment. Risk/Reward presents a framework for making the most of today’s ever-evolving workplace and turning risk-taking into a daily practice. Using proprietary data from three national studies about the American worker, Kreamer explores the importance of career risk-taking through profiles of four Risk/Reward personality types: Pioneers, Thinkers, Defenders, and Drifters. She presents a Risk/Reward Matrix that anyone can use to identify his or her own innate risk threshold, and she identifies constructive ways to implement risk in everyday situations—from initiating an uncomfortable conversation with a boss to sharing out-of-the-box ideas with colleagues or constructively challenging long-held practices in an organization. Peppered throughout Risk/Reward are insights and hard-won wisdom from notable achievers such as bestselling author Anna Quindlen, journalist Jane Pauley, CNBC financial maven Jim Cramer, thought leader Po Bronson, and Facebook COO Sheryl Sandberg. Timely and insightful, Risk/Reward is a unique blend of practical and inspirational wisdom that even the most risk-averse person can harness on the path toward success and fulfillment. Praise for Anne Kreamer’s It’s Always Personal: Navigating Emotion in the New Workplace “A stimulating read bolstered by . . . some of the best recent work on emotional intelligence and the science of happiness.”—The Wall Street Journal “So what should be the rules and boundaries for showing how you feel while you work? That’s a question asked and answered in Anne Kreamer’s fascinating . . . look at an issue that rarely gets discussed.”—The Washington Post “Finally, someone is willing to unpack the morass of anger, anxiety, sadness, and joy that drives the workday. . . . [Kreamer] has hit the ‘It’s about time!’ button.”—Elle “[A] lively, well-researched exploration of emotions on the job.”—Oprah.com “Explores how to be true to your ‘emotional flashpoints—anger, fear, anxiety, empathy, happiness and crying’—without sabotaging your career.”—The New York Times Book Review