Friday, January 31, 2020

Abnormal presence Essay Example for Free

Abnormal presence Essay All the monster desired from Victor was a decent upbringing, and an explanation for his creation. Shelley was trying to put this point forward as its a question all children would ask and expect of their parents, as its the responsibility that they take on when they commit to having children. Shelley emphasises the point again, that Victor was not ready to commit to this responsibility. The creature begins life isolated from mankind. His isolation is amplified by humans reactions to him; he means them no harm, yet they flee from him or force him away as they are not used to such an abnormal presence. The creature flees a group of bewildered individuals and escapes to a secluded cottage in the woods, where he shelters himself away from the cold weather and rain.. The creature is fascinated by the cottagers behavior and immediately attracted to their beauty and tenderness. He observes their lifestyle through an opening in his shelter and a crack in the cottage wall. Through this all the creature is thinking about is how he desires such a childhood, such a lifestyle and upbringing, yet he was brought into this world as a neglected baby. He started out feeling isolated and an outcast from society, but sees a family with such warmth and welcoming in this world. His observations of the family connect him with other people and reduce his unnaturalness by allowing him to study about and imitate normal people. The creature then learns that there is more to life than what he has seen, and wants to get to know the De Laceys better, and as a possibility become a part of their family. Bear in mind the creature has been alive in the hovel for over a year now, and has been hiding in it for the majority of the time. After much planning and effort, the creature attempts to speak to the eldest De Lacey. While the old man is home alone, the monster enters the cottage and begins conversing. Sympathetically acknowledged by the old man, the creature decides to share his story just as the other De Laceys return. Disgusted at the sight of the deformed figure, Felix attacks the creature, who flees to his hovel to hide, his fondest hopes crushed. The creature, enraged by his dismissal, experiences hatred for the first time: I could with pleasure have destroyed the cottage and its inhabitants and have glutted myself with their shrieks and misery This shows how the family interpreted the monsters presence as disturbing, when all the monster wanted to do was to find a family who would love and care for him, unlike Victor. The monster realises the tie that binds himself and his creator: from you only could I hope for succor . . . on you only had I any claim for pity and redress This shows us that from the way Victor dismissed him, it was the cause of so much hatred and anger when rejection happens all over again to the creature. The creature has learned aggression and deception through his exposure to society and his education. Shelley has included this to give us an image of what is would have been like to have not been brought up with love and affection from our parents, and to not have had the memories and experiences we do now. Without these the creature could not comprehend his existence, and makes the need to be with his father more apparent. To conclude Mary Shelley has captured the essence of why family and domestic affection are so important during our lives, as without it she has given us a fictitious example of what we might turn out like. The use of the creature gives us a clear understanding that he was not brought up in the way we all take for granted, and how such small things we dont blink an eyelid to, make such a significant effect on our lives. Victors denial and rejection of the creature shows me how hard it would be to bring up something you werent entirely convinced you wanted, and you could cope with.

Thursday, January 23, 2020

Emotional Branding :: essays research papers

This article explaining emotional branding was an interesting read. The beginning of the story really grabbed my attention. I have always found it a comfort to realize that even truly intelligent people cannot understand everything and do sometimes have to ask for explanations. Although we have all been told that there is no such thing as a stupid question, except a question that is not asked, it is difficult in the business world to ask for help or an explanation, without feeling inferior, or worrying if your business colleagues will think you are incompetent. The author actually wrote in this article that, â€Å"after years of helping companies build their brands, I’m still baffled by the reality that so many smart business people still don’t understand the power of a brand.† At first I was irritated with this statement and worried that the rest of the article would just be egotistical praise on the author and his vast knowledge. I was glad that he recovered and redeemed himself in the next sentence by stating that, â€Å"it was the first time [he] realized that the one thing that has the most dramatic impact on the success or failure of a modern-day business is also the least understood. I completely agree with the fact that a brand is not a part of a business; it is actually the business. If a company does something to ruin its brand in the eyes of consumers, it has damaged its business and may go bankrupt. It is very important that a company is consistent with its brand. If it is not consistent with its brand, then consumers may find it hard to view that company as trustworthy. This is a rather difficult task, because branding is not something that is typically taught in business school. Trying to find a successful brand is basically trial-and-error, because there is not a definite formula that businesses can use to develop a brand.

Wednesday, January 15, 2020

Referee Report for Economics Manuscript Essay

â€Å"Different Risk-Adjusted Fund Performance Measures: A Comparison† Summary This paper compares various risk-adjusted performance measures for a set of mutual funds. The authors argue that performance measures based on Value-at-Risk (VaR) or Extreme Value Theory (EVT) are more appropriate than other popular performance measures such as the Sharpe ratio (SR), the Treynor index (TI) or Jensen ´s Alpha (JA) . They propose a performance index similar to the SR and the TI based on losses calculated by means of VaR together with EVT. They find that EVT-VaR measures are more appropriate in the presence of non-normal data. Main Comments The topic of the paper is of relevance for financial practitioners as well as academics and it is certainly applicable to the current financial stability context. The paper is also generally wellwritten. However, I have some comments for its improvement. 1. The contribution of the paper is not clearly stated. In the 6th paragraph of the introduction, the authors suggest that their main contribution is the construction of a performance index based on EVT-VAR. However, it is not very clear why the new proposed measure should be better in relation to existing measures as it is now explained. It is true that VaR or EVT should be more reliable measures for extreme events but when looking at formula (13) it is not apparent why this measure should be more reliable than the traditional measures. The denominator has, in fact, an â€Å"extreme return† as opposed to the SR or TI which have strictly second moments, so it is not very straight forward to relate these measures. A better job should be done at explaining the implications of such VaR based measure, how it relates to other measures and why it should be better. 2. Why have the measures been compared only in a â€Å"static† way? It is widely known in the finance literature that asset return volatility is time-varying, and to some extent, also expected returns. It would be possible to go around the latter by arguing market efficiency (which is also questionable) but it is certainly much more difficult to argue against time-variability of the standard deviation in the VaR measures (or in the SA and TI ratios). This is very important as the â€Å"good† or â€Å"bad† applicability of a particular performance measure could be sample dependent and as it is now with unconditional measures, this is hard to uncover. For instance, while the authors account for nonnormality of returns in the modified-VaR measure by means of a Corner-Fisher quantile, they assume a constant standard deviation which means that in periods of high volatility they could still understate the VaR. So at the minimum, the performance comparisons should be done for the full sample and different sub-samples and it should be tested whether the measures obtained are significantly different over different samples. 3. The authors concentrate on top 10 and bottom 10 funds for their analysis and discarded the other funds â€Å"for the sake of simplicity†. However, by choosing only the â€Å"tail† funds, the authors are giving from the start an advantage to EVT or VaR measures. It would be more appropriate to also report results on (say) 10 â€Å"mid† funds. 4. It is not very clear why the top 10 funds â€Å"show more departures from normality† in relation to bottom funds. This finding should be expanded and the intuition behind it should be better explained. One could argue that â€Å"losers† could be more volatile than â€Å"winners† as the level of uncertainty with respect to the fund might increase which could lead to more extreme returns. In fact, in the 3rd paragraph of the empirical result section it says â€Å"the bottom 10 funds have, in general, higher VaR values than the top ones, which means that they are more susceptible to extreme events† which is somewhat contradictory with the finding that the top 10 funds exhibit more departures from normality. Moreover, one of the main findings of the study is that the VaR and EVT performance measures perform best in relation to other measures when there are more departures from normality in returns. A better attempt to reconcile the findings of nonnormality, the â€Å"winner vs. looser† funds and the results on the performance measures with some previous studies or satisfactory intuition should be done. Other comments 1. The contributions of the paper should be stated earlier in the paper and not almost at the end of the introduction as it is now. The contributions should be clearer (see also point 1 above) and should be better related to the existing relevant literature. 2. The conclusion is too long. The concluding remarks should be much shorter and should only summarize the main findings and reconcile them with the issues raised in the introduction as well as highlight possible extensions for future work. 3. The tables should also be improved. They should have a short description of the contents to facilitate reading. As it is now, the reader has to constantly come back to the main text to find out what the contents mean. 4. The figures are hardly visible, they should also be improved and a short explanation should be given.

Tuesday, January 7, 2020

Decision Making For A Desired State Of Affairs - 1422 Words

According to Kreitner and Kinicki (2013, p. 330). â€Å"Decision making entails identifying and choosing alternative solutions that lead to a desired state of affairs.† It is important to factor in making sure you thoroughly think about choices or options when making decisions. The choice you make could affect many different aspects initially and in the long run. Therefore, â€Å"Learning to be efficient in decision making and to prioritize decisions we must make is essential† (Bartlett,, 2015, p. 14). After looking at the various stages in the decision making process, I believe I excel at all of them in some aspect. I exhibit a lot of skills and experience that are necessary in each step of decision making. In my position, I have to be creative and pinpoint areas that need to be either corrected and or added. So therefore, I have to determine and initiate what decisions must be made. Also, I generate alternative solutions, evaluate every situation, and implement the decision that was chosen to take. Being in my current position, I take on the responsibility of ensuring that everyone is equipped in being productive in their job and when circumstances arise I am the go-to person. An example of a simple decision making process that I encountered was with one of our major sources used for producing our work. A lab microscope and printer in which we utilize daily to generate output for our lab was continually having mishaps daily. After a week long process of shutting itShow MoreRelatedThe Art Institutes Of Indianapolis Campus Essay1283 Words   |  6 PagesTherefore, I will have not any concerns about traveling to the Art Institutes of Indianapolis Campus. 2. When is the earliest you would be able to start should you be offered the position? I am no longer working for Charter Oak State College. This is a result of a billion dollar State of Connecticut budget shortage. 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