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Full-Text Articles in Social and Behavioral Sciences
Advaita (Non-Dualism) As Metatheory: A Constellation Of Ontology, Epistemology And Praxis, Latha Poonamallee
Advaita (Non-Dualism) As Metatheory: A Constellation Of Ontology, Epistemology And Praxis, Latha Poonamallee
College of Business Publications
Integrating contradictory and mutually exclusive positions is a challenge in building a metatheory. In this paper, I examine how advaita (non-dualism) philosophy is a metatheory. Based on a holistic, non-dualistic ontology, discovery based epistemology, and personal accountability-action-reflection oriented praxis, it provides a useful metatheory for embracing, learning from, and transcending the paradoxes of social life. I use the example of Gandhi as a practitioner of this approach to action and knowledge.
Credit Risk Models: An Analysis Of Default Correlation, Howard Qi, Yan Alice Xie, Sheen Liu
Credit Risk Models: An Analysis Of Default Correlation, Howard Qi, Yan Alice Xie, Sheen Liu
College of Business Publications
This paper examines one of the major problems in credit risk models widely used in the financial industry to forecast future defaults and bankruptcies. We find that even after proper calibration, a representative credit risk model can severely underestimate default correlation. We further find that a likely reason for the underestimation of default correlation is the problematic common practice in the financial industry of using observable equity correlation as a proxy for unobservable asset correlation when the model is applied to predict default correlation. However, our results show that this proxy in common practice is not valid.
Exploring The Effect Of Unfair Work Contexts On The Development Of Fairness Beliefs, Sonia Goltz
Exploring The Effect Of Unfair Work Contexts On The Development Of Fairness Beliefs, Sonia Goltz
College of Business Publications
This paper examines what happens when individuals who perceive a fair situation discover that the situation is in fact, unfair. In a previous study, women who sued their universities discussed their initial expectations that the university would treat them fairly despite several studies that clearly indicated discrimination at universities is still a problem (Goltz, 2005a). Thus, using interview excerpts from this past study, the current paper explores how these women's expectations of fairness may have been formed, as well as how they changed after a discriminatory experience. Results suggest that the women's expectations of fairness arose in part from three …
Analyzing The Relationship Between Dependent And Independent Variables In Marketing: A Comparison Of Multiple Regression With Path Analysis, Junhong Min, Debi P. Mishra
Analyzing The Relationship Between Dependent And Independent Variables In Marketing: A Comparison Of Multiple Regression With Path Analysis, Junhong Min, Debi P. Mishra
College of Business Publications
Multiple regression models continue to be widely used in marketing. Within the regression framework, researchers have to grapple with and resolve several contentious issues. For example, multicollinearity, nonsimultaneous estimation of parameters, inherent measurement error in independent variables, absence of overall goodness of fit indices, and lack of compelling guidelines for adding and deleting model variables are some common estimation problems associated with this method. In the absence of universally acceptable guidelines, researchers often use judgment calls to deal with these issues. Such ad-hoc approaches, in turn, compromise the potential usefulness of multiple regression models. In this paper, we position path …