Schumpeterian Dynamics and Financial Market Anomalies

In this paper we try to put together both the dynamics of the endogenous evolution of an industry and the corresponding dynamics on the capital market. The first module of our modelling efforts is the endogenous evolution of the industry based on the micro-behaviour of boundedly rational agents. They strive to undertake entrepreneurial actions and found new firms. Thereby, the role of knowledge diffusion is emphasized. The second module, the capital market module, will also be represented by boundedly rational agents. They read the data of the real side of the economy – induced by the real economy module – interact with other investors and eventually derive their investment decisions. The cognitive process will be modelled using a neural network approach.neural networks, financial markets, entrepreneurship, endogenous evolution

A case study of the sport career transition organizational intervention practices in Singapore

학위논문(석사)--서울대학교 대학원 :사범대학 체육교육과,글로벌스포츠매니지먼트전공,2019. 8. 김유겸.이 연구의 목적은 싱가폴 스포츠 시스템을 위한 모범 사례 연구로서 아시아의 포 타이거즈에서 선수들의 스포츠 경력에 영향을 미치는 문화적, 거시적 요인을 정성적으로 검토하는 것이다. 연구의 목적을 달성하기 위해 현재 부족한 아시아 선진국인 홍콩, 대만, 한국, 싱가폴을 선정하여 운동선수의 인수 연구와 조직 개입의 맥락 요인을 보았다. 선수 경력과 교육을 지원하는 중재 전략을 제공하는 스포츠 관련 단체의 엘리트 선수에게 조언하는 7명의 실무자를 인터뷰했다. 결과는 조직 발명 프로그램과 같은 무형의 지원은 선수들이 직면하는 다양한 변화에 더 잘 대처할 수 있도록 장기적인 복지에 필수적이라는 것을 보여준다. 한정된 인재 풀을 가진 싱가포르와 같은 소규모 국가의 경우 엘리트 스포츠의 추구를 위한 기회비용은 높은 가격으로 책정되기 때문에, 이중경력 경로는 정부와 국가적인 스포츠 단체들에 의해 지지한다.이는 아시아 타이거즈의 스포츠 경력 조직 개입 프로그램 영역에 대한 연구는 또한 국가적인 스포츠 시스템의 영향, 이중 직업 기회, 그리고 선수 전환에 대한 문화적 측면에 대한 더 깊은 통찰력을 제공할 수 있다.The study on athlete development and the various transitions they face in their sport career is an evolving field. Research has shown that successful coping with transitions both within and outside of sport has helped to extend the life span of an athletes sport career. Consequentially, failure to cope with a transition is often followed by negative consequences (eg. Premature dropout from sport, depression, alcohol/ drug abuse, etc). Therefore, helping athletes to prepare for and cope with various transitions in their lives should be the focus of sports policy makers, coaches, athletes parents, high performance managers and sports psychologists. In this paper, we examine the contextual factors in athlete transition research and organizational intervention practices in developed Asian nations (Hong Kong, Taiwan, South Korea and Singapore), which is currently lacking. The purpose of this study is to qualitatively examine the cultural and macro-sociological factors affecting athletes sport career transitions in Asias Four Tigers, as a best-practices study for the evolving sport system in Singapore to continue attracting talents and promote an athletic-centric support system. Research in the realm of sport career organizational intervention programs in Asias Tigers may also yield deeper insights into the influence of national sports systems, dual career opportunities and cultural aspects on athlete transitions. Seven practitioners in Singapore mentoring elite athletes in sport-related organizations that provide intervention practices which support athletes career and education are interviewed. Results reveal that intangible support like organizational invention programs is essential to the long-term wellbeing of the athletes, so that they can cope better with the various transitions that they face. For small nations like Singapore with a limited talent pool, the opportunity costs for the pursuit of elite sports come at a high price, hence the dual-career pathway is advocated by the government and national sports bodies.Table of Contents Abstract …………………………………………………………………….iii List of Tables ix List of Figures x Chapter 1. Introduction 1 1.1 Research Context 2 1.2 Research Significance 4 1.3 Research Aims 6 Chapter 2. Literature Review 10 2.1 Successful Elite Sport Policies 10 2.1.1 Key Findings from SPLISS: Athletic Career and post-career support 16 2.2 Development of Athlete Career Transition Research 21 2.3 Sport Career Transition Organizational Intervention 48 2.3.1 IOC and IPC Athlete Career Program 54 2.3.2 Sport Career Organizational Intervention Programs in Asia 57 2.4 Comparison of the macro and meso-indicators in Asias Four Tigers 63 2.4.1 Policies of mandatory military conscription in Asias Four Tigers 69 2.5 Implications of cultural and macro-sociological factors 72 Chapter 3. Methodology 92 3.1 Participants 93 3.2 Instrument 94 3.3 Procedure 95 3.4 Data Analysis 96 3.5 Athlete Career & Education programs in Singapore 98 3.5.1 Public Administration and institutions of sports 98 3.5.2 Elite Sport Development in Singapore 103 3.5.3 Current support programs for Athletes Career & Education in Singapore 108 3.5.4 Issues faced by Singapore dual-career athletes 111 Chapter 4. Results 115 4.1 Social-cultural context/ cultural legacy 116 4.2 Organizational sport career transition intervention programs 119 4.3 Holistic athlete development 124 4.4 Sporting Ecosystem 130 4.5 Other issues 136 Chapter 5. Conclusion 139 5.1 Discussion & Limitations 139 5.2 Recommendations for future research 142 5.3 Conclusion 145 Biblography 150 Appendix A 169 Appendix B 174 국 문 초 록 177Maste

AN EXPERIMENTAL ANALYSIS OF UNIDIMESIONALITY OF OPINIONS AND THE EFFECT OF HOMOPHILY

The goal of the present paper is to experimentally test the unidimensionality of opinions and the effect of homophily on unidimensionality in terms of speed of convergence. The phenomenon of unidimensionality of opinions implies the convergence of opinions in a multidimensional set of issues into one dimension under the assumption that subjects weight the opinions of other subjects symmetrically. But individuals may assign different weights to the opinions of others. One of the reasons is the homophilous relation between the subjects when they interact more with those who share similar characteristics. In the experiment, two types of group are tested: subjects in the control groups exchange with the signals without no information about their groupmates, subjects in the treatment groups exchange with the signals knowing the gender of their groupmates. As a result of the experiment, the opinions on two independent issues of subjects become closer to each other and made an alignment. This result is consistent with the theoretical prediction. Regarding the homophily, subjects who observed characteristics of their groupmates tended to converge in a higher degree than subjects who didn’t observe any characteristics..

Changing Casing-Design of New Geothermal Wells in Western Anatolia for Adapting to the Changes in Reservoir Conditions

The traditional casing-design of geothermal wells in Western Turkey is no longer cost-effective and shortening wells’ production lifetime. The current reservoir conditions are much different from their initial values. Significant reduction of reservoir pressure and NCG (Noncondensable Gases) content have been observed in many geothermal fields in Western Turkey due to the construction of oversized power plants, aggressive production, and lack of unitized reservoir management. Thus, there is a need to adapt the casing-design of new production wells for the recent reservoir dynamics. A case study from the Alaşehir field, Western Turkey, is presented in this study. The proposed casing-design increases the performance and production lifetime of the artesian wells. It also enables the operators to use ESPs (Electrical Submersible Pumps) and LSPs (Line Shaft Pumps) with a large diameter for delivering large flowrates. With the new casingdesign, we also aim to prevent casing-collapse due to poor cementing job between 95/8” and 133/8” casings. A set of codes written in Python was used to construct the new casing-design. The effect of the proposed design on the performance of artesian wells is studied using a wellbore simulation program, an academic version of PIPESIM. ESPs are proposed for the new and traditional casing program in the field. The proposed design will give a good insight into the development of the depleted geothermal reservoirs

Analytical solution of two-phase spherical Stefan problem by heat polynomials and integral error functions

© 2016 Author(s). On the base of the Holm model, we represent two phase spherical Stefan problem and its analytical solution, which can serve as a mathematical model for diverse thermo-physical phenomena in electrical contacts. Suggested solution is obtained from integral error function and its properties which are represented in the form of series whose coefficients have to be determined. Convergence of solution series is proved

Kazakistan’ın ulusal güvenlik politikalarının soğuk savaş sonrası dönüşümü

06.03.2018 tarihli ve 30352 sayılı Resmi Gazetede yayımlanan “Yükseköğretim Kanunu İle Bazı Kanun Ve Kanun Hükmünde Kararnamelerde Değişiklik Yapılması Hakkında Kanun” ile 18.06.2018 tarihli “Lisansüstü Tezlerin Elektronik Ortamda Toplanması, Düzenlenmesi ve Erişime Açılmasına İlişkin Yönerge” gereğince tam metin erişime açılmıştır.Kazakistan yakın tarihte bağımsız bir ülke olmuştur. Bununla birlikte Kazakistan'ın şu anki gelişme seviyesi dikkat çekici bir olgudur. Mevcut literatüre bakmak, Kazakistan'ın ülke bağımsızlaştığında ciddi ekonomik, politik ve sosyal zorluklarla uğraşması gerektiğini göstermeye yardımcı olmaktadır. Cumhurbaşkanı Nazarbayev, ülkenin refahını artırma yönünde birbiri ardına ortaya çıkan çeşitli engellere rağmen, Kazakistan'ın ne kadar başardığını her zaman vurgulamaktadır. Bu çalışmada, ülkenin ulusal güvenlik stratejisinin, ulusal güvenlik boyutlarının çoğunluğunun düzenli olarak iyileştirilmesine yönelik olduğu ve gelecekteki uzun vadeli kalkınma için yeni fırsatlar yarattığı ortaya çıkmaktadır.Kazakhstan became an independent country not long ago. Nevertheless, its current level of development deserves attention. Looking at the available literature helps to show that Kazakhstan had to deal with serious economic, political and social difficulties when the country became independent. Despite of various barriers, which appeared one after another on the way to better well-being of the country, president Nazarbayev always emphasizes how much Kazakhstan had already achieved. From the research became clear that the national security strategy of the country is directed to regular improvements of the majority of national security dimensions and creates new opportunities for future long-term development

Yenidoğan yoğun bakım ünitesinde bebeği yatan annelerin yaşadıkları problemler ile başa çıkmasında dinin rolü

06.03.2018 tarihli ve 30352 sayılı Resmi Gazetede yayımlanan “Yükseköğretim Kanunu İle Bazı Kanun Ve Kanun Hükmünde Kararnamelerde Değişiklik Yapılması Hakkında Kanun” ile 18.06.2018 tarihli “Lisansüstü Tezlerin Elektronik Ortamda Toplanması, Düzenlenmesi ve Erişime Açılmasına İlişkin Yönerge” gereğince tam metin erişime açılmıştır.Bu araştırmanın temel amacı, Yenidoğan Yoğun Bakım Ünitesinde (YYBÜ) bebeği yatmakta olan annelerin, yaşadıkları problemleri ve bu problemler ile nasıl başa çıkmaya çalıştıklarını, bu süreçte kullandıkları dini başa çıkma tarzlarını ve bunların etkilerini, manevi desteğe ihtiyaç duyup duymadıklarını tespit etmektir. Araştırmada, nitel araştırma yöntemlerinden yarı yapılandırılmış mülakat tekniği uygulanmıştır. Araştırma, Kasım 2018-Aralık 2018 tarihleri arasında Sakarya Üniversitesi Eğitim ve Araştırma Hastanesi Yenidoğan Yoğun Bakım Ünitesinde bebekleri olan 15 kişi ile yapılmıştır. Mülakatlar hastane içerisinde YYBÜ annelerinin kalması için yapılan "Anne Oteli"nde gerçekleştirilmiştir. Mülakat soruları, katılımcıların postpartum (doğum sonrası) dönemde oldukları dikkate alınarak hazırlanmış, onları daha fazla duygusallaştıracak ifadelerden kaçınılmıştır. Elde edilen verilerin değerlendirilmesinde betimsel analiz yöntemi kullanılmıştır. Araştırmanın sonucu katılımcıların çoğunun yaşadıkları süreci stres yaratan bir olgu olarak algıladığını ortaya koymuştur. Katılımcılar başlarına gelen bu durumu anlamlandırmada dini referans olarak kullanmış, en çok da dua etme sıklıklarının arttığı görülmüştür. Araştırmaya katılan annelerin olumlu dini başa çıkma tarzlarını olumsuz dini başa çıkma tarzlarına göre daha çok kullandıkları tespit edilmiştir. Olumsuz dini başa çıkma tarzlarını kullanan katılımcıların, geçmişte yaptığı hatalarından dolayı cezalandırılıp cezalandırılmadıklarını sorguladıkları ve stres düzeylerinin diğerlerine göre daha yüksek olduğu bulgulanmıştır. Bebekleri YYBÜ'de bulunan annelerinin bu süreçte eş ve ailelerinin desteğine her zamankinden daha fazla ihtiyaç duyduğu; konuşup, rahatlama, moral ve motivasyon isteklerinin olduğu; manevi desteğe ihtiyaç duydukları tespit edilmiştir.The main purpose of this study is to determine the problems of mothers whose infants are hospitalized in the Neonatal Intensive Care Unit (NICU) and how they try to cope with these problems, the religious coping styles they use in this process, and whether they need spiritual support or not. In this research, semi-structured interview technique, which is one of the qualitative research methods, was applied. The study was conducted between November 2018-December 2018 with 15 mothers whose babies were in the Neonatal Intensive Care Unit of Sakarya University Training and Research Hospital. Interviews were conducted at the "Mother Hotel" which was held to accommodate NICU mothers within the hospital. Interview questions were prepared considering that the participants were in the postpartum period and expressions that would make them more emotional were avoided. Descriptive analysis method was used in the evaluation of the obtained data. The results of the study revealed that most of the participants perceived the process as a stressful phenomenon. Participants used religion as a reference in order to make sense of this situation and the frequency of prayer was increased mostly. It was found that the mothers who participated in the study used positive religious coping styles more than negative religious coping styles. It was also found that participants who use negative religious coping styles question whether they have been punished for their past mistakes and their stress levels are higher than others. Mothers whose babies are in the NICU need the support of their spouses and families more than ever in this process; they want to talk, relax, morale and motivation; they needed spiritual support

Worldwide regulations and policy trends on gas production from gas hydrates

Gas hydrates are considered near-future energy resources with their vast amounts all around the world, especially in permafrost and marine environments. Since the beginning of the 2000s, there have been many gas hydrate exploration, drilling, coring, and production trials in the world. The countries (i.e., Japan, China, India) that need urgent energy resources are in a rush to produce feasible natural gas from gas hydrate reservoirs. However, according to available production trial data, there are many obstacles to reaching the commercial level of gas production. Due to the sensitive nature of gas hydrate reservoirs, the health, safety, and environmental risks of all production trials should be discussed. Moreover, it is crucial to control the risks of these production trials. This study aims to investigate the worldwide regulations and policy trends related to gas hydrate production trials

U POTRAZI ZA JUROM KAŠTELANOM U NJEGOVOJ PJESMI "JA NE ZNAM GDJE LUTAM"

U ograničenom prostoru teksta svoje pjesme "Ja ne znam gdje lutam" Kaštelan nas vodi kroz neograničene mogućnosti prostora pjesme. Postupcima odražavanja kroz mnoge aliteracije i asonance, pjesničke homo/one. rimu i višestruke zrcalne strukture, kao i postupcima sažimanja kroz inverzije, eliptične rečenice i distorzije, pjesnik se neprestano vraća na dio teksta koji je već ispunio svoju osnovnu obavijesnu zadaću, povezujući ga na taj način s ostalim dijelovima pjesme. Riječi na taj način prestaju biti sirova jezična građa i postaju, od drugih riječi istog pjesničkog teksta, motiviran pjesnički znak. Gradeći svojim oblikom individualnost i neponovljiv ost tog pjesničkog prostora, one nam neposredno prenose pjesnikove misli, želje, osjećaje, te u prostoru pjesme ostvaruju njega samog