Regret The Error

This look at careless journalism—from hilarious mistakes to egregious ethical lapses—is “chock-full of amusing historical anecdotes” (Publishers Weekly). Winner of the National Press Club’s Arthur Rowse Award for Press Criticism We regret the error: it’s a phrase that appears in newspapers almost daily, the standard notice that something went terribly wrong in the reporting, editing, or printing of an article. From Craig Silverman, the proprietor of www.RegretTheError.com, one of the Internet’s most popular media-related websites, comes a collection of funny, shocking, and sometimes disturbing journalistic slip-ups and corrections. On display are all types of media inaccuracy—from typos to “fuzzy math” to “obiticide” (printing the obituary of a person very much alive and well) to complete and utter ethical lapses. While some of the errors can be laugh-out-loud funny, the book also serves as a sobering journey through the history of media mistakes (including the outrageous hoaxes that dominated newspapers during the circulation wars of the nineteenth century) and a serious muckraking investigation of contemporary journalism’s lack of accountability to the public. Regret the Error shines a spotlight on the media’s carelessness and the sometimes tragic and calamitous consequences of weak or non-existent fact checking. “Mixing humorous corrections taken from large and small newspapers alike, Silverman gives historical context to the current problems . . . and then proposes solutions for busy newsrooms.” —Variety

From the creation of the universe to jeggings, the Lord Almighty has been a pivotal player in nearly all the major decisions of the past 20 epochs. Now for the first time He starts dishing the dirt on all aspects of the universe and the creatures therein, starting with Adam and Steve (you read right) and ending with Snooki. He also addresses hot button topics like prayer in school and evolution; and divulges his 'inside picks' for the next 93 super bowls. Sure to appeal to a broad base of readers, from the most ardent apocalyptist to the most blasphemous Darwinian.

This book provides a study of regret in the moral psychology of Plato, Aristotle, and the Stoics. Warren provides a detailed account of their views on the nature of this emotion, as related to their understanding of virtue and ethical knowledge and development.

Philosopher Paddy McQueen provides a detailed examination of the nature of regret and its role in decision-making. Additionally, he explores how experiences of regret are shaped by social discourses, especially those about gender and parenthood.

Assessment of educational achievement, whether by traditional examinations or by teachers in schools, attracts considerable public interest, particularly when it is associated with ‘high stakes’ outcomes such as university entry or selection for employment. When the individual’s results do not chime with their or their teachers’ expectations, doubts creep in about the process of assessment that has arrived at this result. However, educational assessment is made up of many layers of complexity, which are not always clear to the general public, including teachers, students, and parents, and which are not easily understood outside of the expert assessment community. These layers may be organized in highly co-dependent relationships that include reliability, validity, human judgment, and errors, and the uses and interpretations of the various types of assessment. No-one could reasonably argue that the principles and complexities of educational assessment should be core learning in public education, but there is a growing realization that trust in the UK assessment system is under some threat as the media and others sensationalize or politicize any problems that arise each year. This book offers the first comprehensive overview of how the general public is considered to perceive and understand a wide variety of aspects of educational assessment, and how this understanding may be improved. This book was originally published as a special issue of the Oxford Review of Education.

This tutorial presents a hands-on introduction to a new discrete choice modeling approach based on the behavioral notion of regret-minimization. This so-called Random Regret Minimization-approach (RRM) forms a counterpart of the Random Utility Maximization-approach (RUM) to discrete choice modeling, which has for decades dominated the field of choice modeling and adjacent fields such as transportation, marketing and environmental economics. Being as parsimonious as conventional RUM-models and compatible with popular software packages, the RRM-approach provides an alternative and appealing account of choice behavior. Rather than providing highly technical discussions as usually encountered in scholarly journals, this tutorial aims to allow readers to explore the RRM-approach and its potential and limitations hands-on and based on a detailed discussion of examples. This tutorial is written for students, scholars and practitioners who have a basic background in choice modeling in general and RUM-modeling in particular. It has been taken care of that all concepts and results should be clear to readers that do not have an advanced knowledge of econometrics.

Since the start of the 20th century, India’s GDP has been growing at an average of 6-7 per cent and the World Bank predicts India to become one of the fastest growing major economies in the world. The lack of social security benefits for the common citizen coupled with favourable factors like structural reforms, young population, high rates of savings and consumption, and waves of digitalisation and financialisation are driving both domestic and global investors to the Indian capital market in pursuit of higher risk-adjusted return. But with the increasing globalisation and rising volatility, the common investors often fall prey to their personal biases (fear, greed, overconfidence, loss aversion, etc.). This behaviour is at variance with traditional finance which holds that the investors are rational and markets are efficient. The overload of investment tips flowing from television, print, social media, conferences, and investment gurus further adds to investor confusion. Prakash Praharaj and Nirakar Pradhan, two well-known investment advisors, have come together to document their decades-long learnings and practical experience into a very useful, comprehensive volume. Your Everyday Guide to Behavioural Finance sheds light on the theory of behavioural finance and nineteen dominant behavioural biases in an accessible and easy-to-understand manner. It offers a framework for identifying, assessing, and managing one’s own behavioural traits (biases) to enhance investment success. The book also recommends Behaviourally Modified Asset Allocation (BMAA), a tool to synchronise the investment portfolio with the life cycle of the investors. So, whether you are a financial advisor, portfolio manager, or an individual investor yourself, Your Everyday Guide to Behavioural Finance will provide you with an integrated perspective to craft efficient and effective investment strategies irrespective of external market noises.