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Waldemar Tyc

Abstract

The article presents a discourse on the mechanism by which price bubbles emerge and burst. For idealization purposes the author assumes that even though price bubbles emerge in various markets, their morphology differs from market to market, be it the hi-tech stock (or, more generally, the stock market), the real estate market (where land is of fixed supply) or the housing market. The sources of their diversification lie in the type and weight of the causes of their appearance, the differences between their causative and functional determinants and the market feedbacks. Any interpretation of the nomological diversification of price bubbles (in the sense of their categorisation) requires looking at the system pragmatics and the market in which they emerge. Thus the designations of economic systems and the specifics of markets constitute both the economic and the institutional environment of their origin. They also constitute the necessary context for their understanding and interpretation, as price bubbles rise and collapse within specific functional structures of an economic system.

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Filip Kobiela

Abstract

The paper addresses the family of questions that arose from the field of interactions between phenomenology and the cognitive sciences. On the one hand, apparently partial coextensivity of research domain of phenomenology and the cognitive sciences sets the goal of their cooperation and mutual inspiration. On the other hand, there are some obstacles on the path to achieve this goal: phenomenology and the cognitive sciences have different traditions, they speak different languages, they have adopted different methodological approaches, and last but not least, their prominent exponents exhibits different styles of thinking. In order to clarify this complicated area of tensions, the paper presents the results of philosophical reflections of such topics as: 1) philosophical presuppositions and postulates of the cognitive sciences 2) abstraction of some phenomena during idealisation and the dialectical model of science's development 3) argumentation based on prediction of future development of the cognitive sciences. This finally leads to the formulation of a phenomenology-based postulate for adequate model of mind and the discussion of humanistic dimension of cognitive sciences.

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Remigiusz Gawlik, Michał Głuszak and Agnieszka Małkowska

Feedback, 2nd Ed. Pittsburgh, PA: RWS Publications. Saaty, T.L. (2003). Rank, normalization and idealization in the Analytic Hierarchy Process. In: 7th ISAHP Conference Proceedings (pp. 57-64). Bali, Indonesia: ISAHP. Retrieved from: http://www.isahp.org/2003Proceedings/paper/p03.pdf. Skotarczak, T., Nowak, M.J. (2010). Preferencje mieszkaniowe kandydatów na studia oraz studentów pierwszego roku Akademii Rolniczej w Szczecinie. Folia Pomeranae Universitatis Technologiae Stetinensis: Oeconomica, 277 (58), 71-80. Stopinska, A

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Justyna Brzezicka

Perspectives, No. 4(2), pp. 13-18. T yc W., 2013, Modele idealizacyjne baniek cenowych (Idealization of Speculative Bubbles) , Przegląd Zachodniopomorski, No. (3/1), pp. 339-356 (in Polish). T yszka T., 2010, Decyzje. Perspektywa psychologiczna i ekonomiczna (Decisions. From the Psychological and Economic Perspective), Wydawnictwo Scholar, Warsaw (in Polish). W isniewski R., 2007, Wielowymiarowe prognozowanie wartości nieruchomości (Multi-Dimensional Predictions of Real Estate Value) , Wydawnictwo Uniwersytetu Warmińsko-Mazurskiego, Olsztyn (in

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Francisco Javier Romero Caro

Abstract

Since it was passed, the Clarity Act has been at the core of any secessionist debate in Canada and abroad. Although contested at home, the Clarity Act has earned worldwide prestige as the democratic standard that must be observed when a secessionist debate arises. In the last fifteen years Spain has experienced successive debates about the need to establish a mechanism of popular consultation to address secessionist claims in the Basque Country and Catalonia. Most political actors in favour of such consultations have expressed their will to import the Canadian Clarity Act as a tool to settle disputes on how to conduct a referendum. However, this deification of the Canadian example is, for the most part, based on a misreading of the Secession Reference, only taking into account certain passages while ignoring others. The emphasis tends to be made on the quantitative clear majority test, disregarding other factors. Hence, the aim of this paper is to study the causes of this deification of the Clarity Act in Spain, and its influence on the treatment of secessionist claims that the country is currently experiencing.

Open access

Magdalena Jurczyk-Bunkowska

Abstract

The aim of the article is to show the relations in the innovation process planning model. The relations argued here guarantee the stable and reliable way to achieve the result in the form of an increased competitiveness by a professionally directed development of the company. The manager needs to specify the effect while initiating the realisation of the process, has to be achieved this by the system of indirect goals. The original model proposed here shows the standard of dependence between the plans of the fragments of the innovation process which make up for achieving its final goal. The relation in the present article was shown by using the standard Business Process Model and Notation. This enabled the specification of interrelations between the decision levels at which subsequent fragments of the innovation process are planned. This gives the possibility of a better coordination of the process, reducing the time needed for the achievement of its effect. The model has been compiled on the basis of the practises followed in Polish companies. It is not, however, the reflection of these practises, but rather an idealised standard of proceedings which aims at improving the effectiveness of the management of innovations on the operational level. The model shown could be the basis of the creation of systems supporting the decision making, supporting the knowledge management or those supporting the communication in the innovation processes.

Open access

Mihaela Bucatariu and Ioana Cristina Florescu

Abstract

Looking for an idealization of the business environment, we notice that private businesses which have set ethic goals in business achieved a much higher profit growth rate than similar businesses that have not set business ethic codes. Of course, entrepreneurs decide their own interests and do not consider that the action of social responsibility has to be mechanical. In fact, if we consider a free-market capitalist system, the entrepreneur should have an ethical behavior in business or to choose a moral voluntary attitude. The present paper is looking to see if, in a material, rational and a no-matter-what profit oriented attitude world, a moral capitalism is possible to exist. By the more significant phenomena of globalization, entrepreneurs can be considered selfish people, performing immoral actions, with a predisposition of owning everything, without thinking at the old ideals. Nowadays, the entrepreneurs act only in the direction of getting the profit and very few of them have a moral motivation. The man in the modern capitalist world is looking only for his own interest in order to satisfy his desires and aspirations at a level as high as possible. A normal and natural thing, in fact. Therefore, no matter the role of the entrepreneur, there is the possibility to create cultural ways to solve ethical and social problems, and also methods that make moral capitalism principles to be functional, and, thus, a convergence between the free market and entrepreneurial ethics to be possible.

Open access

Fazal Haleem, Muhammad Jehangir and Muhammad Khalil-Ur-Rahman

Abstract

Transformational leaders encourage their subordinates to achieve organizational goals and objectives and to reach their full potential by providing the needed resources. This increasing influence of transformational leaders on employees instigated us to find out the impact of transformational leadership on employees’ job satisfaction. The study was conducted in the public sectors universities of KPK, Pakistan. A sample size of 130 employees was selected using convenient sampling techniques. The data was collected from grade 16 and upper level of employees in the universities. Initially, 130 questionnaires were sent out to the target population for their participation in the survey; out of which 100 filled questionnaires were received forming percentage of 76.92%. These 100 properly filled questionnaires were used for statistical analysis. Both descriptive and advance multivariate statistical, correlation and regression analysis, were conducted to get a feel for the data and to test the postulated hypothesis respectively. Findings of the study revealed that there was non-significant influence of transformational leadership in terms of idealized influence, individualized consideration, and inspirational motivation on employees’ job satisfaction in the public sectors universities of KPK, Pakistan. However, the intellectual stimulation type of leadership had positive and significant impact on employees’ job satisfaction. The paper contributes to the literature review in context of non-forprofit organizations in a developing country and provides implications for universities’ executives to pay more attention to intellectual stimulation type of leadership to increase employees’ satisfaction and thus help achieve the universities goals and objectives.

Open access

Rachel Kidney, Brian Harney and Colm O’Gorman

Introduction It is recognised that, relative to the population of small- and medium-sized enterprises (SMEs), high-growth SMEs (HGSMEs) make a disproportionate contribution to economic growth. HGSMEs are frequently cited by policymakers and idealised by entrepreneurs with growth ambitions ( Volery et al., 2015 ). While extant research has identified factors that characterise HGSMEs, research has yet to provide a comprehensive explanation of the growth process. The objective of this paper is to extend this research by exploring triggers and transitions

Open access

Aidan Duane and Philip O’Reilly

identify ‘benchmark variables’ and ‘dominant problems’ at each stage. The model is conceptualised on one single SoG model and does not consider the contributions of any other SoG model. Even Earl (2000 : 7) describes his proposed model as ‘highly idealised’, and neither Earl, nor Jacobs and Nakata, have empirically tested their models. Forrester (2012) propose a five-stage social media maturity model, namely, (i) dormant; (ii) testing; (ii) co-ordinating; (iv) scaling and optimising; and (v) empowering the workforce. However, while Forrester’s SoG model and findings