How to Never Make a Mistake: Achieving Success in a World That Is Always Looking for Someone to Blame

Book Description

The one sure way to be successful in today's corporate world is to never make a mistake. This book will carefully explain how anyone--even you--can actually stop making mistakes once and for all, and get to the top of the corporate ladder.

Book Description

The book aims at disclosing a fascinating connection between optimal stopping problems in probability and free-boundary problems in analysis using minimal tools and focusing on key examples.

The general theory of optimal stopping is exposed at the level of basic principles in both discrete and continuous time covering martingale and Markovian methods. Methods of solution explained range from classic ones (such as change of time, change of space, change of measure) to more recent ones (such as local time-space calculus and nonlinear integral equations).

A detailed chapter on stochastic processes is included making the material more accessible to a wider cross-disciplinary audience. The book may be viewed as an ideal compendium for an interested reader who wishes to master stochastic calculus via fundamental examples.

Areas of application where examples are worked out in full detail include financial mathematics, financial engineering, mathematical statistics, and stochastic analysis.

Options with combined reset rights on strike and maturity [An article from: Journal of Economic Dynamics and Control]

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Options with combined reset rights on strike and maturity [An article from: Journal of Economic Dynamics and Control]
M. Dai , and Y.K. Kwok
Manufacturer: Elsevier
ProductGroup: Book
Binding: Digital
ASIN: B000RR58UI

Book Description

This digital document is a journal article from Journal of Economic Dynamics and Control, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
Reset clauses on the strike price and maturity date are commonly found in derivative contracts, like insurance segregated funds, bonds and executive warrants. We analyze the optimal reset policy adopted by the holder of an option that possesses the reset rights on the strike price and date of maturity. The optimal reset policy relates closely to the temporal rate of change of the value of the new option received by the holder at the reset moment. The characterization of the optimal reset policy requires the solution of a free boundary value problem. As part of the solution procedure, we determine the critical asset price for a given time to expiry at which the holder chooses to activate the reset clause optimally. Depending on the specific nature of the reset clauses, the reset policies exhibit a wide variety of behaviors. We also manage to obtain analytic price formulas for several specific types of reset options.

Wicksellian theory of forest rotation under interest rate variability [An article from: Journal of Economic Dynamics and Control]

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Wicksellian theory of forest rotation under interest rate variability [An article from: Journal of Economic Dynamics and Control]
L.H.R. Alvarez , and E. Koskela
Manufacturer: Elsevier
ProductGroup: Book
Binding: Digital
ASIN: B000RR1VSQ

Book Description

This digital document is a journal article from Journal of Economic Dynamics and Control, published by Elsevier in 2005. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
We apply the Wicksellian single rotation framework to cover the unexplored case of variable and stochastic interest rate. We provide a mathematical characterization of the two-dimensional optimal stopping problem and show in the presence of amenity valuation that increased interest-rate volatility lengthens the optimal rotation period and increases the value of the optimal policy. By modelling the interest rate as a mean reverting process and forest value as a geometric Brownian motion and abstracting from amenity valuation, we present an explicit solution for the problem. Numerical illustrations indicate that interest-rate volatility has a significant and non-linear impact on optimal rotation.

Book Description

Das Buch thematisiert die Entwicklung des konstitutionellen preußischen Verfassungswerks seit den Märzereignissen des Jahres 1848. Es gliedert sich in zwei Teile: Der Hauptteil ist als Quellenedition ausgestaltet. In ihm sind neben den eigentlichen Verfassungstexten und den ihnen bis zum Untergang der Monarchie widerfahrenen Änderungen diverse weitere in den Kontext gehörende Vorschriften und Entwurfstexte sowie die zuletzt im Jahre 1918 geltende Fassung der preußischen Verfassung authentisch in chronologischer Reihenfolge abgedruckt. Namentlich die dort vorgenommene erstmalige Transkription der z.Zt. im Original auffindbaren (handschriftlichen) Verfassungsentwürfe erlaubt allen sich mit der preußischen Verfassungsgeschichte Beschäftigenden einen tieferen Einblick in die längst noch nicht lückenlos aufgeklärte Entstehungsgeschichte der beiden Verfassungen. Diesem Quellenteil vorangestellt ist eine historische, die Hintergründe der Entstehung der oktroyierten Verfassung vom 5. Dezember 1848 und der revidierten Nachfolgerin vom 31. Januar 1850 erklärende Einführung.

Book Description

There has been an increasing interest in the application of dynamical systems to the study of development over the last decade. The explosion of the dynamical systems framework in the physical and biological sciences has opened the door to a new Zeitgeist for studying development. This appeal to dynamical systems by developmentalists is natural given the intuitive links between the established fundamental problems of development and the conceptual and operational scope of nonlinear dynamical systems. This promise of a new approach and framework within which to study development has led to some progress in recent years but also a growing appreciation of the difficulty of both fully examining the new metaphor and realizing its potential.

Divided into 4 parts, this book is a result of a recent conference on dynamical systems and development held at Pennsylvania State University. The first 3 parts focus on the content domains of development that have given most theoretical and empirical attention to the potential applications of dynamical systems--physical growth and movement, cognition, and communication. These parts show that a range of nonlinear models have been applied to a host of developmental phenomena. Part 4 highlights two particular methodological issues that hold important implications for the modeling of developmental phenomena with dynamical systems techniques.

Book Description

The application of natural isotopes, stable as well as radioactive, has become a widespread tool for hydrological research, especially surface- and groundwater behavior and exploration. By far the most common isotopes applied are those of the elements of hydrogen, oxygen, and carbon, which are crucial in the water cycle. The concentration ratios of the stable isotopes in water (2H/1H, 18O/16O) vary depending on the source of the water and natural processes such as evaporation and condensation. The radioactive isotopes 3H and 14C may provide indications of the source of water and the time elapsed since infiltration. Introduction to Isotope Hydrology explains, in a simple but mathematically, physically, and chemically correct form, the consequences of natural processes to stable isotope concentrations and radioactivities. It also presents indications of possible applications without the pretention of a cookbook. After a largely theoretical introduction, the elements of the water cycle are treated successively: precipitation globally, regionally, and locally; different forms of surface water, including rivers, rivulets and small streams, lakes and stagnant waters, estuaries, and the sea; and groundwater infiltration and flow. The book also includes three appendices that deal with water sample treatment in the field and in the laboratory, measurement techniques for stable and radioactive isotopes, and the inorganic carbon chemistry of water, needed for understanding the behavior of the carbon isotopes.

Book Description

Vacuum technology is widely used in many manufacturing and developmental processes and its applications grow in scope and sophistication. It is an inter-disciplinary subject, embracing aspects of mechanical, electrical and chemical engineering, chemistry, and materials science while having a broad foundation in physics. In spite of its technological importance, and perhaps because of its cross-disciplinary nature, substantial teaching and training is not widely available. Basic Vacuum Technology aims to give readers a firm foundation of fundamental knowledge about the subject and the ability to apply it. This book is an introductory text on how to use vacuum techniques. It provides a good grounding in the basic scientific principles and concepts that underlie the production and measurement of vacua. The authors describe how these are applied in representative low, medium, high, and ultra-high vacuum systems and explain the most important practical aspects of the operation of a large variety of pumps, components, and measuring instrumentation. The book introduces numerical methods for analysis and prediction of the behavior of vacuum systems in terms of the properties of their individual elements and enables readers to recognize and resolve problems with malfunctioning systems.

Book Description

For many years, Gunter Grass (born 1927) has been one of the world's most vital literary figures. From the publication of The Tin Drum through his latest pleas for sane government and civil treatment of Germany's "foreign citizens" in the 1990s, Grass has been at the forefront of both literary and political worlds. This representative volume features two important works: Cat and Mouse and The Meeting at Telgte. Both speak to our time, but under very different settings. It also includes a selection of other works to give a well-rounded view of a writer whom John Irving characterizes in his foreword as "the greatest living novelist today".

The German Library is a new series of the major works of German literature and thought from medieval times to the present. The volumes have forewords by internationally known writers and introductions by prominent scholars. Here the English-speaking reader can find the broadest possible collection of poetic and intellectual achievements in new as well as great classic translations. Convenient and accessible in format, the volumes of The German Library will form the core of any growing library of European literature for years to come. Select list of volumes now published:

-- German Medieval Tales -- German Humanism and Reformation -- Immanuel Kant: Philosophical Writings -- Johann Wolfgang von Goethe: The Sufferings of Young Werther and Elective Affinities -- Friedrich Schiller: Plays -- "Intrigue and Love" and "Don Carlos" -- Friedrich Schiller: "Wallenstein" and "Mary Stuart" -- German Fairy Tales -- German Literary Fairy Tales -- German Romantic Novellas -- German Romantic Stories -- German Novellas of Realism -- German Poetry from 1750 to 1900 -- Georg Buchner: Complete Works and Letters -- Rainer Maria Rilke: Prose and Poetry -- Gottfried Benn: Prose, Essays, Poems -- German Essays on Art History -- Essays on German Theater -- Hans Magnus Enzensberger: Critical Essays

Customer Reviews:

Okay for Grass Readers.......2002-11-26

I was ensnared into reading this book by the promising name of the author. While I do not regret having read this book, I do not think that this does measure up to the 'Tin Drum'. If you are planning to read Grass for the first time, tehn this is not the book to get started with.

Some people, especially those who can not find fault with anything, least of all with literature, might say that the humor here is subtle as compared with the humor of the 'Tin Drum' where it was more ribald. To use the word 'subtle' in that sense would be more a misuse of the term than anything else. The humor remains dark here. The background remains war and nazi Germany. But still the main the theme is that of an adolescent hero (Mahlke) and hero-worship by the narrator (Pilenz) and others.

It would be a fair asumption that most of us have had some heroes during our school days. Therefore it is not too difficult to identify with the theme and the narrator of this book. The narrator here is Pilenz and his hero is Joachim Mahlke. Mahlke is a catholic teenager with an abnormally protruding Adams apple. He is a year older than the rest of the group. He is the best swimmer and diver and he often spends his time in a barge nearby the shore that went down during the war. He has the largest penis in the group and he is the most prolific masturbator. But he generally stays away from adulation. After a daring stealing act whereby he stole a nazi-German officer who was visiting his school, he gets expelled from his and the narrator's school. Later he joins the army and becomes a tanker. There also, he becomes a hero all of which is told in a 3rd persons voice. After his first furlough, he decides not to turn up for his military work again. Then an intrusting climax.

Throughout the novel, you have the nazi Germany and the unmentionable fuhrer as the background. The cruelty of that age is not explicitly stated here. It is amazing now for us , blessed with the advantage of hind sight, to observe that most of the Germans of that age did not recognize the fundamental evil of what they were supporting. They still had cold winters, they still had flowers bloom in spring, they still had wonderful swimming seasons in summer. The nazi youth's childhood was as naughty and gloomy as ours. Nothing was different, yet everything was fundamentally different. It is equally important in this context to note that the very reason for which our hero turns a deserter was not that he found out that he found war to be evil. It was more due to a combination of fear and boredom.

The prose here is at most times banal, unimaginative and boring. Compare that with the wit and intelligence of `Tin Drum'. Only the descriptions of the church rituals and the sentences where all words are combined without period, commas etc remain the same.

I would recommend this book to someone who has already read Grass. If you are a first timer to Grass, start with the ` Tin Drum'. Otherwise, you would develop an `anti Grass ' syndrome. Finally I must admit to be a Grass admirer.

ultimate boredom.......1999-12-12

i don't know what the hell was going on. those damn yanks don't know what they're talking about. i could write a better book than this with my toes.

Book Description

Despite heavy censorship and sometimes outright control by either Vichy or the Germans, the authorized press is a useful and necessary source for anyone studying the period of German occupation and the Vichy government in France. The daily and weekly political press, the press created by Vichy for its Chantiers de la Jeunesse youth movement, its Legion of War veterans and its Peasant Corporation for agriculture show the regime's ideology and priorities. A wide variety of other periodicals, including religious publications, advertising papers, trade papers, and sports papers, provides insights into the professional and local life of the period. This book provides a guide to the authorized press of the occupation period. With a list of 2500 periodicals, the book covers the more important daily, weekly, bimonthly, monthly, and quarterly publications in Paris and the departments. The periodicals are listed by subject for Paris, alphabetically for the departments. For each periodical, the book gives city of publication, approximate beginning and ending dates, and library or archive where the periodical is held as well as other available information such as the periodical's prewar political position, what the periodical said about itself, its relationship with Vichy or the Germans, and successor publication. If a book or article has been written about the periodical, it is also included.

The Authorized Press in Vichy and German-Occupied France, 1940-1944: A Bibliography

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The Authorized Press in Vichy and German-Occupied France, 1940-1944: A Bibliography
Compiler-Donna Evleth
Manufacturer: Greenwood Press
ProductGroup: Book
Binding: Paperback
ASIN: B000OTT0L2

Book Description

Incorporating the basic features and narrative from The African-American Odyssey, this concise history presents its major episodes, issues, and people. It tells a compelling story of survival, struggle, and triumph over adversity–leaving readers with an appreciation of the central place of black people and culture in this country, and a better understanding of both African-American and American history. The 2 ^nd edition presents a broadened international perspective, offers expanded coverage of interaction among African-Americans and other ethnic groups, and includes additional material on African-Americans in the western portion of the United States, as well as a new chapter on the evolution of black politics since the 1980s. It describes African-American history from the struggle of black people to maintain their humanity during the slave trade and as slaves in North America continuing through the Civil War and the beginning of Reconstruction, and through the Civil Rights movement to discussions of black life at the dawn of the 21 ^st century. This is a compelling story of survival, struggle, and triumph over adversity. Readers will learn an appreciation of the central place of black people and black culture in this country, and a better understanding of both African-American and American history.

Struggle for Freedom: A History of African Americans, The, Penguin Academic Series, Concise Edition, Combined Volume (Penguin Academics)

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Struggle for Freedom: A History of African Americans, The, Penguin Academic Series, Concise Edition, Combined Volume (Penguin Academics)
Clayborne Carson , Emma J. Lapsansky-Werner , and Gary B. Nash
Manufacturer: Longman
ProductGroup: Book
Binding: Paperback

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General | Americas | History | Subjects | Books

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ASIN: 0321355768

Book Description

The Struggle for Freedom, a narrative of the black experience in America, uses a distinctive biographical approach to guide the story and animate the history.

In each chapter, individual African Americans are the pivot points on which historical changes of the era turn. Life stories capture the rush of events that envelop individuals and illuminate the momentous decisions that, collectively, frame the American past and present.

Inasmuch as that history is grounded in struggle—in the consistent and insistent call to the United States to deliver on the constitutional promises made to all its citizens—this book is also an American history text, weaving into the narrative the milestones of mainstream American history, economy, politics, arts and letters.

African Americans: A Concise History, Combined Volume (Chapters 1-23 and Epilogue)

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African Americans: A Concise History, Combined Volume (Chapters 1-23 and Epilogue)
William C. Hine, Stanley Harrold Darlene Clark Hine
Manufacturer: Prentice Hall
ProductGroup: Book
Binding: Paperback
ASIN: B000OIJJTQ

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