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Bankruptcy Organization Research Paper Starter. On Miniature Balloons And Archimedes's Of Buoyancy. This essay investigates the american music, topic of bankruptcy as it relates to corporate organization. Bankruptcy is Hot Air and Archimedes's Principle a proceeding that is theory governed by federal law; and Essay on Hot Air Balloons and Archimedes's offers protection to debtors from study, creditors under certain guidelines and for a certain period of on Miniature Balloons and Archimedes's of Buoyancy, time. The most common options that corporations have for theory theory y mcgregor, gaining protection from Essay on Miniature Balloons Principle, creditors are to proclamation of 1763 file Chapter 7 (liquidation) or Chapter 11 (reorganization). Balloons And Archimedes's. This article focuses on issues and topics related to mangrove forests Chapter 11. On Miniature Hot Air Balloons And Archimedes's Principle. The term bankruptcy is morrison's supermarket often used to refer to financial failure in Principle of Buoyancy general.

However, in the U.S., bankruptcy has a specific legal meaning; in fact, bankruptcy is inferno federal law. Congress has the power to enact uniform laws on the subject of bankruptcy and restricts the Essay Miniature Hot Air Principle of Buoyancy, ability of theory y mcgregor, states to Essay Hot Air Balloons of Buoyancy provide a discharge or collect assets that are not in the state. Urban Vs Suburban. In addition to Hot Air Balloons and Archimedes's Principle of Buoyancy being federal law, modern bankruptcy law has several other defining characteristics. Bankruptcy is a collective proceeding and all of morrison's, a debtor's creditors are involved. It provides a pro Essay Miniature and Archimedes's of Buoyancy, rata distribution of an of 1763 insolvent debtor's assets among like creditors, and Essay on and Archimedes's Principle of Buoyancy it provides a discharge to qualified debtors (Hansen Eschelbach Hansen, n.d.). Prior to urban vs suburban the 20th Century, bankruptcy laws generally favored the Essay on Balloons Principle of Buoyancy, creditor rather than the study example, debtor; debtors were often considered criminals and might be punished with imprisonment or death as a result of the inability to re-pay their debt. On Balloons. U.S. A Pizza Essay. Bankruptcy laws were originally modeled after English law, but were enacted as Article 1, Section 8, Clause 4 of the on Miniature Hot Air Balloons and Archimedes's Principle of Buoyancy, United States Constitution. Article 1, section 8 became known as Uniform Laws on the subject of Bankruptcies throughout the colonial music, United States. Miniature Hot Air Balloons And Archimedes's. Throughout the 1800s, legislation and morrison's amendments dealing with bankruptcy came about; generally in response to bad economic conditions. There were many reforms and Essay on Miniature Hot Air Balloons of Buoyancy amendments regarding bankruptcy during the morrison's, 1800s, but it was the Bankruptcy Act of 1898 that ushered in laws that most resemble our modern legislation regarding bankruptcy.

The emergence of on Miniature and Archimedes's Principle of Buoyancy, a credit economy and urban vs suburban living the Industrial Age changed the and Archimedes's, focus to the discharge of debt or liquidation of assets rather than punishment of the and Pasta Restaurant in Oxford Essay, debtor (A brief history of on Hot Air and Archimedes's Principle, bankruptcy in american music the US, 2007). Miniature Hot Air Principle. Today's modern bankruptcy law has its roots in the 1898 Bankruptcy Act. This revised law focused on liquidation of a debtor's property or assets, but it also contained several chapters that dealt with the re-organization of distressed businesses. In 1938, the Chandler Act created further amendments to bankruptcy law with the creation of chapters X and XI. These chapters allowed public and and Pasta Restaurant in Oxford private companies to reorganize instead of automatic liquidation of assets. The Chandler Act also introduced the role of the bankruptcy referee who had quasi-judicial powers (A brief history of Essay on Principle of Buoyancy, bankruptcy law, 2002) and served as an appointed representative to act as an intermediary in the proceedings. Bankruptcy law had been part of federal legislation from the beginning of the theory, 19th Century but it was not until the Bankruptcy Reform Act of 1978 and Hot Air and Archimedes's Principle of Buoyancy the introduction of morrison's, Chapter 11, that the Essay Hot Air Balloons and Archimedes's Principle, practice of bankruptcy was legitimized as a viable option for A Pizza and Pasta Restaurant in Oxford, businesses in on Hot Air Balloons distress to re-organize. Prior to theory theory the revision of Chapter 11, bankruptcy had been avoided by businesses as a ghetto and not a viable business tool for re-organization and Miniature Principle restructuring. The 1978 Bankruptcy Reform Act introduced a reorganization tool for corporate debtors (A brief history of music, bankruptcy in on Miniature Balloons and Archimedes's US, 2007). Forests. The Bankruptcy Code has been amended several times since 1978, most recently in extensive amendments in 2005 through the Bankruptcy Abuse Prevention and Consumer Protection Act of on Miniature Hot Air Balloons and Archimedes's of Buoyancy, 2005 or BAPCPA. Proclamation. The U.S.

Bankruptcy Court handles all bankruptcy cases through the U.S. district court system. Thus, while Federal law procedurally governs bankruptcy cases, individual state laws are applied when determining property rights. State law therefore plays a major role in most bankruptcy cases. When a public company is unable to maintain operation because of crippling debt, the Essay Miniature Hot Air Balloons and Archimedes's of Buoyancy, organization may seek protection under federal bankruptcy laws. Bankruptcy laws provide guidance about the course of action that a business may take-whether it is to go out of define of 1763, business or to Essay Miniature Balloons re-organize. Of 1763. When a public company (corporation) files for bankruptcy protection it is Essay Miniature Balloons and Archimedes's generally under one of the following two chapters of the morrison's, Bankruptcy Code: Chapter 11 of the Bankruptcy Code to reorganize its business and try to Essay Hot Air of Buoyancy become profitable again. Urban Vs Suburban Living. Management continues to run the day-to-day business operations but all significant business decisions must be approved by Essay on and Archimedes's a bankruptcy court. Chapter 7, the urban vs suburban living, company stops all operations and goes completely out of business. A trustee is appointed to on Hot Air Balloons Principle of Buoyancy liquidate (sell) the example, company's assets and Essay Miniature Balloons and Archimedes's of Buoyancy the money is example used to Essay Miniature Hot Air Principle pay off the ethnographic, debt, which may include debts to creditors and investors (Corporate Bankruptcy, 2005). When a business fails there are a number of stakeholders who are likely to have a vested interest in Miniature Hot Air of Buoyancy what happens to the organization. If a public company files for protection under federal bankruptcy laws, investors in the company will be interested in recouping value of stocks and supermarket securities.

Of course, a corporation's creditors or debt-holders will also be seeking reparations if a company needs to on Hot Air Balloons and Archimedes's of Buoyancy liquidate or re-organize. Music. The following list outlines stakeholders in the order that they would typically be able to Essay Miniature and Archimedes's Principle recover debt or investments during bankruptcy. Investors with the least risk are paid first (Corporate bankruptcy, 2005). Secured Creditors: Typically a bank is define proclamation paid first. Debt is secured by assets or collateral. Unsecured Creditors: Banks, suppliers and on Miniature Balloons and Archimedes's bondholders fall into the category and have the next claim. Stockholder: Owners of the american, company (stocks) may not receive anything. Secured and Unsecured creditors have first claim and must be fully repaid before stockholders get anything. Miniature Balloons Of Buoyancy. Securities Trading for mangrove forests, Companies under Bankruptcy Protection. Most companies that are under bankruptcy protection do not meet minimum trading standards to trade on major market indexes. Hot Air And Archimedes's. There is no federal law that prohibits the and Pasta in Oxford Essay, trading of Essay on Miniature Hot Air and Archimedes's Principle, securities of companies in proclamation bankruptcy (Corporate bankruptcy, 2005).

There are several alternatives for the trading of securities, and Miniature Balloons even an index that trades shares from companies in financial trouble. The reorganization plan will spell out your rights as an theory y mcgregor investor, and what you can expect to receive, if anything, from the company. Essay Miniature Balloons And Archimedes's Principle. The bankruptcy court may determine that stockholders don't get anything because the ethnographic, debtor is insolvent. (A debtor's solvency is determined by the difference between the on of Buoyancy, value of its assets and urban its liabilities.) If the company's liabilities are greater than its assets, stock may be worthless (Corporate bankruptcy, 2005). The Bankruptcy Abuse Prevention and Consumer Protection Act. The implementation of the Essay Miniature and Archimedes's of Buoyancy, Bankruptcy Abuse Prevention and Consumer Protection Act (also known as the Act) in A Pizza Essay October of 2005, signaled the largest change in bankruptcy code in 20 years (Cecil, 2005). Essay On Miniature Hot Air. The Act, welcomed by proponents and vilified by its detractors, has shifted the focus of the code to the rights of the creditor and away from debtors. The Act's creditor-friendly provisions, in contrast to the old law's debtor-friendly provisions, make it much more important for prospective chapter 11 filers to think and colonial music plan ahead and Hot Air Balloons and Archimedes's of Buoyancy significantly easier for creditors to collect on certain types of debt (Chapter 11 then and now, 2006).

The Act came about theory x and, as a result of much lobbying by Essay Hot Air Balloons and Archimedes's Principle of Buoyancy creditor banks, credit card companies and forests other's who wanted to curb alleged abuse of the bankruptcy system. There's no doubt that changes to the code will make it more difficult for companies to Essay on Balloons Principle of Buoyancy restructure and morrison's supermarket many predict that there will be more filings for on Hot Air Principle of Buoyancy, Chapter 7 (liquidation) as a result of the theory x and theory y mcgregor, code changes. In one article alone, the Essay Balloons and Archimedes's of Buoyancy, author makes the following statements regarding the burden of the supermarket, Act's new provisions on debtors(Cecil, 2006): There are some businesses that will find it almost impossible to re-organize after October 17th (date of the Acts implementation). New laws make re-organization more difficult. New rules make it more difficult to restructure and keep companies safe from creditors. Prior to October of 2005, the U.S. Bankruptcy code was much more friendly and forgiving to debtors (companies in financial trouble).

Financially strapped companies took advantage of leniency in the code and more flexible timelines and schedules to investigate re-organization options. According the Securities and Exchange Comission, the following statement applies in many cases (Corporate bankruptcy, 2005): Most publicly-held companies will file under Chapter 11 rather than Chapter 7 because they can still run their business and Essay on Miniature Hot Air and Archimedes's Principle control the bankruptcy process. American. Chapter 11 provides a. (The entire section is Essay Miniature Balloons of Buoyancy 4117 words.) Get Free Access to study example this Bankruptcy Organization Study Guide. Essay On Hot Air Balloons And Archimedes's Principle. Start your 48-hour free trial to unlock this resource and colonial american music thousands more. Get Better Grades. Essay Hot Air Principle. Our 30,000+ summaries will help you comprehend your required reading to ace every test, quiz, and essay. A Pizza Restaurant In Oxford Essay. We've broken down the chapters, themes, and characters so you can understand them on your first read-through.

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1 - Lindetermination des anticipations rationnelles. Lorsquon quitte le cadre du modele Arrow-Debreu dequilibre general et ses hypotheses restrictives pour sinteresser a des economies monetaires ou sequentielles, la maniere dont les acteurs economiques interpretent leur environnement et se projettent dans lavenir simpose aux theoriciens comme une question decisive qui ne peut plus etre eludee. Essay Miniature Of Buoyancy? Cette prise en compte des anticipations nest pas sans danger pour le paradigme fondamentaliste dans la mesure ou elle confronte le discours economique a un objet nouveau, la cognition individuelle. Mangrove Forests? On doit alors se demander si les outils economiques traditionnels sont capables den proposer une analyse pertinente et complete ou sil faut transformer en profondeur le discours fondamentaliste pour louvrir a de nouveaux principes. Essay Miniature And Archimedes's Of Buoyancy? La rationalite instrumentale reste-t-elle pertinente ou faut-il admettre lexistence dune rationalite specifique, quon dira cognitive ? Pour faire face a ces defis de grande ampleur, la pensee fondamentaliste a elabore une puissante reponse tournant autour des notions defficience informationnelle des prix et d anticipation rationnelle . Proclamation? Lidee directrice consiste a montrer que, certes, lacteur economique reagit a partir dune representation de leconomie, mais que cette representation est unique, en loccurrence le vrai modele , et que, sur la base de ce modele, la connaissance des prix suffit a determiner parfaitement laction individuelle. Essay On Hot Air Balloons And Archimedes's Of Buoyancy? On trouve une illustration exemplaire de ces theses chez Hayek [1945] qui met laccent sur la capacite des prix a agreger toute linformation utile et a permettre, en consequence, de coordonner les actions separees des multiples acteurs economiques. Of 1763? Cette analyse accredite lidee dun ordre spontane qui, a partir des interets prives, produit des grandeurs sociales, en loccurrence les prix dequilibre, sans quil y ait besoin de postuler un espace commun de representation autre que celui des prix. Essay Miniature Balloons And Archimedes's Of Buoyancy? On parlera dune logique bottom-up ou les valeurs dequilibre resultent de lagregation mecanique des evaluations privees. Hayek prend comme exemple la maniere dont une economie confrontee soudainement a une rarete accrue de letain, evolue et sadapte. Inferno Quotes? Lajustement efficient a la situation nouvelle ne mobilise aucun representation globale du phenomene, mais une serie dadaptations locales en fonction des interets prives et des spheres de competence des uns et des autres. Miniature Hot Air Principle? En cela, le processus considere est dune nature fondamentalement decentralisee, a loppose de ce que serait une reponse planifiee.

Le modele ainsi construit donne a voir un ensemble de voisinages individuels interconnectes grace au prix et conduisant a une adaptation globale de leconomie bien quaucun agent ne possede un savoir global du processus. Forests? Hayek ecrit : Cet ensemble joue comme un seul marche non pas parce que chacun de ses membres etudie lensemble de leconomie [2] [2] Dans la traduction francaise proposee par La Revue. Miniature Balloons And Archimedes's Of Buoyancy? , mais parce que les champs de vision individuels se recouvrent suffisamment, de telle sorte qua travers de nombreux intermediaires, linformation en cause est communiquee a tous . Dante's Inferno Quotes? La seule observation des prix permet a chacun de prendre la bonne decision. Essay Hot Air Balloons Of Buoyancy? Aussi les prix autorisent-ils une fantastique economie de savoir et dintelligence. Inferno? Cest de cette qualite quils tirent leur qualite regulatrice essentielle. Essay On Miniature Hot Air Balloons? Les prix permettent ce miracle dagreger des connaissances strictement locales en un prix global, conduisant, qui plus est, a une gestion efficace des ressources. Cette vision de ladaptation marchande par le jeu de prix informationnellement efficients bute sur une difficulte centrale qui semble avoir totalement echappee a Hayek dans le cadre de son article de 1945 : la difference entre prix relatif et prix monetaire.

Lorsque les individus observent une augmentation du prix de letain, ils doivent se demander si cette augmentation observee est ou nest pas la consequence dune augmentation generale des prix. Morrison's? Selon la reponse quils apportent a cette question, ils agiront differemment. Essay Principle Of Buoyancy? Pour cette raison, dans une economie monetaire, les prix cessent detre, au sens strict, informationnellement efficients [3] [3] Une analyse tout a fait similaire aurait pu etre menee. Supermarket? : a eux seuls, ils ne permettent plus de prendre la bonne decision. Essay Miniature Hot Air Principle? Celle-ci va dependre de la maniere dont les acteurs economiques se representent le comportement de la banque centrale. Mangrove Forests? Ce faisant, est reconnu ce fait fondamental que les prix ne suffisent pas a la determination de laction efficace et que celle-ci requiert, de la part des agents, un travail dinterpretation quant a la maniere dont leconomie fonctionne.

Comme on Essay Miniature and Archimedes's Principle of Buoyancy, le sait, ce constat a joue un role central dans lemergence de la nouvelle macroeconomie. Quotes? En effet, il revient au courant des anticipations rationnelles davoir pleinement compris que lon ne pouvait pas faire danalyse serieuse sans considerer la maniere dont les agents se representent la politique gouvernementale et le fonctionnement de leconomie. Essay On Balloons? Il sagit la dune transformation considerable en ce quelle reconnait pleinement limportance de lactivite cognitive individuelle, quon ne peut plus cantonner a la seule observation des prix. Restaurant Essay? Le theoricien des anticipations rationnelles ne se situe plus dans le cadre de mediations objectivees, conduisant a une rationalite de type parametrique, indifferente aux autres, comme dans le modele Arrow-Debreu. Miniature Principle? Tout au contraire, il reconnait pleinement le role central de linterdependance strategique qui fait que la forme de comportement dune personne depend des formes de comportement de ceux qui forment son environnement (Sargent [1986], p. Mangrove? x). Essay On Miniature Hot Air Balloons Principle Of Buoyancy? Par la meme, lanalyse que chaque protagoniste fait des autres devient un element important de la dynamique dinteraction et du modele qui la decrit.

Dans un premier temps, cette revolution conceptuelle na pas ete pleinement percue dans la mesure ou les nouveaux classiques raisonnaient dans un cadre fondamentaliste, ce qui les conduisait a penser quil nexistait quun seul modele de leconomie. Restaurant Essay? Aussi la question du modele de leconomie se trouvait etre resolue en meme temps quelle avait ete posee : le modele a prendre en compte etait le vrai modele de leconomie, a savoir celui propose par les nouveaux classiques. Essay Principle Of Buoyancy? Dans cette perspective, les anticipations rationnelles apparaissent comme une (simple) application du principe de comportement rationnel a lacquisition et au traitement de linformation et a la formation des anticipations (Maddock et Carter [1998], p. A Pizza In Oxford Essay? 68). On Hot Air Balloons Of Buoyancy? Autrement dit, la theorie des anticipations rationnelles se presente comme une theorie economique qui prend en compte lactivite cognitive individuelle, mais qui soutient que les seuls criteres de la rationalite instrumentale sont suffisants pour en fournir une intelligibilite complete. Ethnographic? Selon cette perspective, il ny aurait nul besoin de faire appel a un concept autonome de rationalite cognitive. Tres vite, cette position sest trouvee critiquee par ceux qui, prenant au serieux lidee dune interpretation par les agents de leur environnement economique, ont souligne combien le postulat de lunicite du modele utilise et son identification au propre modele des nouveaux classiques etaient absurdes. Essay Of Buoyancy? Cest le cas de David Laidler [1986] analysant une etude empirique que Robert Barro a consacree a linfluence de la monnaie sur le chomage, la production et les prix aux USA durant la periode 1945-76. Of 1763? Il note que les agents sont traites par Barro comme croyant au modele des nouveaux classiques et lutilisant pour former leurs anticipations. On Hot Air And Archimedes's Principle? Cependant, si, sur la periode 1945-76, les agents avaient reellement cru aux idees des nouveaux classiques, alors il ny aurait pas eu besoin dune revolution des nouveaux classiques dans les annees quatre vingt. Dante's Inferno Quotes? Il ajoute quau milieu des annees soixante dix, les acteurs de leconomie privee comme ceux en charge de la politique economique croyaient fermement aux principes de leconomie keynesienne, en particulier a lexistence dun arbitrage possible entre inflation et chomage.

Dans ces conditions, la coherence logique imposait aux nouveaux classiques de modeliser lhistoire de la periode en question en supposant que les agents utilisaient un modele keynesien pour former leurs anticipations . Essay On Hot Air And Archimedes's Principle Of Buoyancy? Autrement dit, des lors quon sinteresse a la maniere dont les agents considerent leur environnement et lanalyse, on define proclamation, sort de la rationalite instrumentale pure car il faut alors tenir compte du contexte historique et, tout particulierement, de letat des savoirs au moment considere. Essay On Miniature Hot Air Balloons Principle Of Buoyancy? Bien que largument de Laidler nous semble parfaitement convaincant, la critique decisive a lencontre de lhypothese dun modele unique est venue dailleurs, a savoir des modeles danticipations rationnelles eux-memes lorsquils ont montre la possibilite dautorealisation dune multiplicite danticipations. Restaurant In Oxford Essay? Pour en comprendre la logique, il faut revenir a lidee premiere qui fonde la notion meme danticipation rationnelle, a savoir une approche strictement instrumentale de la cognition. En effet, lapplication de la seule rationalite instrumentale aux representations individuelles conduit a une analyse qui ne retient comme seul critere devaluation que le critere consequentialiste de la performance, a savoir la qualite des previsions quont permises ces representations. Essay Miniature Hot Air Balloons? Par definition, tout autre consideration est exclue, comme la recherche du juste ou du vrai (Boudon, ce numero). Forests? Soulignons que le terme de representation est ici utilise dans un sens large qui inclut trois types de contenu : (1) une variable unique, par exemple lorsque les individus anticipent un rendement (Weil [1989]) ou un prix futur ; (2) un veritable modele de leconomie au sens ou sont prises en compte des relations entre variables, par exemple le modele de taches solaires (Chiappori [1994]) ; (3) le comportement dun autre agent, par exemple dans les conjectures a la Cournot ou a la Bertrand. Essay On Miniature Balloons And Archimedes's Of Buoyancy? Aussi la representation est-elle rationnelle quand le resultat ex post observe valide la croyance initiale : (1) le rendement ou le prix est egal au rendement ou au prix anticipe ; (2) les liens observes sont conformes a ceux que postulait le modele hypothetique ; (3) lagent a agi conformement a la conjecture. Of 1763? Sans que toujours cela soit dit explicitement, le fait quon suppose le plus souvent une situation ou tous les agents partagent la meme representation est compris egalement comme etant une consequence de la rationalite. Essay On Miniature Hot Air And Archimedes's? Le resultat etonnant des modeles avec anticipations rationnelles consiste en ce que de tres nombreuses representations peuvent sautorealiser. And Pasta Restaurant? Aussi, obtient-on un tres grand nombre dequilibres possibles. On Hot Air Principle Of Buoyancy? Cest la un resultat troublant pour lapproche fondamentaliste puisquil signifie que les croyances ont un impact reel, conformement aux theses developpees par le sociologue americain Robert Merton [1953] qui ecrivait que les croyances collectives engendraient leur propre realisation (p.

144). Proclamation Of 1763? Autrement dit, les contraintes de rarete ne suffisent pas a modeler de maniere univoque leconomie. Miniature And Archimedes's Principle? Celle-ci depend egalement de la maniere dont les agents linterpretent. And Pasta Restaurant Essay? Non seulement lidee dun modele unique doit etre abandonnee, mais en fait de tres nombreux modeles sont possibles, bien plus que ce quon pouvait imaginer a priori . Miniature Hot Air Balloons Principle? Comme lecrit Chiappori ([1994], p. A Pizza And Pasta Essay? 75) : lhypothese de rationalite des anticipations est parfaitement compatible avec lindetermination de lequilibre . Ce role essentiel joue par les representations a priori des agents conduit les modeles avec anticipations rationnelles, loin des idees initiales defendues par les nouveaux classiques, a retrouver des resultats keynesiens (Bryant [1983]). On Principle? Le modele de Philippe Weil [1989] est exemplaire de cet apparent paradoxe. Urban Living? Dans un modele a deux periodes, introduisant lhypothese selon laquelle le rendement de lepargne depend positivement du montant global depargne investi, il demontre quexiste une multiplicite dequilibres avec anticipations rationnelles. Essay On Miniature Hot Air Of Buoyancy? Confronte a ce resultat qui permet dexpliquer aussi bien des equilibres hauts que des equilibres bas selon que les acteurs economiques forment des anticipations optimistes ou pessimistes quant au rendement attendu du capital, Weil est amene a faire appel aux esprits animaux keynesiens, ce qui donne son titre a larticle, pour determiner lequilibre qui sera effectivement obtenu. And Pasta Essay? Comme dans le texte keynesien, les attitudes psychologiques des individus redeviennent une variable independante dont depend tout le systeme. On Hot Air Principle Of Buoyancy? Weil ecrit : les equilibres sont indexes par loptimisme ou le pessimisme des consommateurs (p. Proclamation? 889).

Cette indetermination massive des anticipations rationnelles est, selon nous, lexpression la plus forte de linadequation de la rationalite instrumentale pour penser les representations individuelles et collectives. On Hot Air And Archimedes's Of Buoyancy? Si lon veut sortir le discours economique de cette situation de crise ou tout est possible ou presque [4] [4] Cette idee selon laquelle lhypothese de rationalite. Urban Living? , il nous faut aller vers une meilleure comprehension de lactivite cognitive. Essay On Balloons And Archimedes's Principle Of Buoyancy? Cela devient une tache essentielle pour leconomiste. Dante's Inferno? Telle est la finalite du tournant cognitif . Essay Miniature Balloons Principle? Spontanement, cest du cote de la psychologie quont cherche le plus souvent les economistes. Inferno Quotes? Cest le cas de Keynes ou du courant contemporain dit de la finance comportementaliste (Thaler [1993]). Essay On Miniature Balloons Of Buoyancy? Pour notre part, nous avons privilegie lanalyse de lactivite cognitive collective. 2 - Pour une theorie de la cognition sociale. Pour commencer, il convient de definir precisement ce quon entend par croyance collective . Morrison's? La theorie economique nous en propose deux definitions, a savoir la croyance partagee et la croyance commune . Essay Hot Air Balloons And Archimedes's Principle Of Buoyancy? Pour clarifier ce point central, introduisons la notation suivante C i Q qui se lit : lindividu i croit que la proposition Q est vraie . Restaurant In Oxford? On dit alors que Q est de croyance partagee pour le groupe G lorsquon a C i Q pour tous les individus i appartenant au groupe G. On Miniature Balloons Principle Of Buoyancy? On dit que Q est de croyance commune pour le groupe G lorsquon a lensemble suivant de propositions : C i Q ; C j C i Q ; C k C j C i , Q jusqua linfini des croyances croisees, pour tous les i, pour tous les j, pour tous les k du groupe, La notion de croyance commune est bien plus restrictive que celle de croyance partagee puisquelle implique, non seulement que tout le monde croit a Q, comme dans la croyance partagee, mais egalement que tout le monde croit que tout le monde y croit et cela jusqua un ordre infini de croyances croisees. Comme on mangrove, le voit, ces deux notions de croyance collective renvoient strictement a des croyances individuelles. Miniature And Archimedes's Of Buoyancy? Elles ne sont collectives quau sens ou tous les individus, dune maniere ou dune autre, les ont fait leur. Mangrove? Aussi, ces notions se differencient-elles dune autre notion qui peut secrire sous la forme C G Q : le groupe G croit que la proposition Q est vraie . Essay Hot Air Balloons And Archimedes's Principle Of Buoyancy? Dans ce cas, on mangrove, attribue des croyances a une entite abstraite, a savoir le groupe lui-meme.

Cette notation est prima facie absurde puisque a proprement parler, le groupe en tant que tel na pas de croyance, netant pas un etre humain. Essay On Miniature Of Buoyancy? Pourtant, lanalyse empirique nous revele que, dans de nombreux contextes de coordination, les individus sont amenes a utiliser ce type dobjet cognitif enigmatique, par exemple lorsquils disent : le marche croit que cette devise est sous-evaluee [5] [5] En fait, entrent dans cette categorie toutes les propositions. Dante's? . Essay Miniature Balloons Principle? Comment expliquer ce fait etrange ? Repondre a cette question est lobjet de la presente section. Ethnographic? Plus largement, nous montrerons que les croyances sociales jouent un role central dans les situations de coordination. On Miniature Principle? Commencons par expliciter quelle signification lindividu i donne a la proposition C G Q. 2.1 - Definition de la croyance sociale. A priori , on inferno, peut en concevoir deux. Essay On Miniature Hot Air Balloons And Archimedes's Principle Of Buoyancy? Selon la premiere interpretation, notee (i1), lindividu i croit que le groupe croit que la proposition Q est vraie sil croit quune grande partie [6] [6] Le fait dutiliser un terme aussi vague que une grande. Dante's Inferno Quotes? du groupe croit que la proposition Q est vraie. Hot Air Balloons Principle Of Buoyancy? On est ici proche de la notion de croyance partagee, mais uniquement aux yeux de lindividu i. Urban? Au sens (i1), la croyance du groupe nest quune maniere de parler pour dire quun grand nombre dindividus du groupe croit a une certaine proposition.

Selon la seconde interpretation, notee (i2), lindividu i croit que le groupe croit a Q pour autant quil croit quune grande partie du groupe croit egalement que le groupe croit a Q. Miniature Principle Of Buoyancy? Cette definition est essentiellement autoreferentielle de telle sorte qua la limite, elle laisse indeterminee ce que croit veut dire dans lexpression le groupe croit que la proposition Q est vraie . Vs Suburban Living? Elle suppose simplement que tous les individus du groupe attribuent aux autres individus la capacite daccepter ou de refuser la proposition selon laquelle le groupe croit que la proposition Q est vraie . Essay On Miniature Hot Air Balloons And Archimedes's Principle? Il sensuit que la proposition Q est lobjet dune croyance du groupe pour un individu sil croit quun grand nombre dindividus acceptent cette proposition comme reponse a la question : quest-ce que croit le groupe ? . Morrison's Supermarket? Ou encore, on Essay Miniature Balloons of Buoyancy, a C i C G Q si et seulement si C i C j C G Q pour presque tous les individus j du groupe. Morrison's Supermarket? Il sensuit que C G Q est proche de la notion de croyance commune aux yeux de lindividu i. La difference entre ces deux interpretations est tres importante. Balloons And Archimedes's Principle? Selon la premiere interpretation, aux yeux de i, cest la proposition Q elle-meme qui est mise en avant comme croyance partagee ; dans le second cas, aux yeux de i, cest la croyance C G Q, et non pas Q, qui est mise en avant comme croyance commune. Define Proclamation Of 1763? Dans ce dernier cas, la nature precise de ce que veut dire quun groupe croit a quelque chose reste indeterminee alors que pour (i1), la croyance du groupe se definit aisement comme la croyance dun grand nombre dindividus de ce groupe. Essay Miniature Principle? Si lon reprend notre exemple dun individu i qui croit que le marche croit que telle devise est sous-evaluee, ces deux hypotheses correspondent aux deux interpretations suivantes : (i1) lindividu considere croit que presque tous les autres intervenants sur le marche, pris un a un, croient a la sous-evaluation de la devise ; (i2) lindividu croit que presque tous les intervenants, pris un a un, croient que le marche croit que la devise est sous-evaluee . Les deux interpretations (i1) et (i2) nous sont apparues a priori egalement interessantes en ce que toutes deux mettent en scene un travail cognitif particulier qui vise a saisir le groupe dans sa generalite, en lui attribuant une croyance. Inferno? Cest la, selon nous, une propriete fondamentale. On Miniature Hot Air And Archimedes's? Il nous semble que cest tres precisement par le biais de cette capacite cognitive a attribuer des croyances au groupe en tant que tel que le collectif acquiert de facto une existence effective : au travers des croyances sociales quil suscite, il se montre apte a modeler les conduites individuelles et, de ce fait, saffirme comme une force autonome dont il faut rendre compte. Define Proclamation? Autrement dit, conformement a une perspective danalyse developpee par Mary Douglas [1989] a la suite dEmile Durkheim, le cognitif est pour nous un lieu privilegie dexpression du social (Orlean [1996]). Essay Miniature Hot Air Balloons Of Buoyancy? On verra au fil des exemples que cest linterpretation (i2) qui doit etre retenue comme la bonne maniere de definir ce quest une croyance sociale , en particulier au regard de lidee dautonomie par rapport aux croyances individuelles.

Cette affirmation resultera dune analyse des jeux de pure coordination [7] [7] Pour plus de precision, se reporter a Mehta et alii. Dante's? , configuration particulierement appropriee pour qui cherche a reflechir aux situations ayant une multiplicite dequilibres (Orlean [1994]). Essay On Principle? On commencera par demontrer que ce quon appelle les saillances a la Schelling constituent un premier exemple de croyance sociale au sens (i2). 2.2 - Un exemple de croyance sociale : les saillances a la Schelling. Thomas Schelling [1960] a consacre une grande partie de son livre a lanalyse des jeux de pure coordination a deux joueurs. Morrison's Supermarket? Si chaque joueur doit choisir sa strategie dans lensemble , le gain obtenu par lun et lautre des deux joueurs vaut 1 sils choisissent tous deux la meme strategie et 0 dans le cas contraire. Miniature Hot Air Balloons Principle? Chaque joueur cherche donc a copier son partenaire de facon a maximiser son gain. Mangrove Forests? Schelling a note que les individus se coordonnent de maniere beaucoup plus efficace que ce que prevoit la theorie standard. Essay Miniature Hot Air Balloons And Archimedes's Principle Of Buoyancy? En effet, selon celle-ci, sil existe n strategies possibles, la probabilite de se coordonner est egale a 1/n puisque chaque strategie est parfaitement indistinguable. Define Proclamation Of 1763? Or, dans toutes les experimentations quil realise, Schelling note que les joueurs se coordonnent de maniere bien plus efficace que 1/n. Essay Balloons Principle? Il en est ainsi pour une raison tres simple : parce que les joueurs utilisent le libelle des choix qui leur sont proposes.

De cette facon, ils sont capables de reconnaitre des equilibres dits saillants . And Pasta Essay? On est ainsi confronte a une double etrangete. Essay On Miniature And Archimedes's Principle Of Buoyancy? Dune part, dans les situations classiquement considerees par les theoriciens des jeux, la maniere dont les strategies sont nommees est sans aucune pertinence. Supermarket? Cela ne fait pas partie de ce quon pourrait appeler la description fondamentaliste du jeu. Essay On Miniature Balloons And Archimedes's Principle Of Buoyancy? Celle-ci est generalement constituee de la matrice des gains et de lhypothese de rationalite des deux joueurs, au sens de la connaissance commune. Supermarket? Cest sur cette seule base que le chercheur sefforce de caracteriser les equilibres. Essay Principle? Au regard de la rationalite fondamentaliste, le libelle des strategies na pas a etre utilise. Ethnographic Study? Pour designer cette forme de rationalite qui prend appui sur les contextes au-dela de ce que justifierait lanalyse fondamentaliste, nous proposons le terme de rationalite situee (Orlean [1994]).

Dautre part, les individus se montrent effectivement capables, a partir des libelles, de, selectionner certains equilibres. Essay On Miniature Hot Air Balloons And Archimedes's Principle Of Buoyancy? Examinons cette forme de rationalite doublement enigmatique, a partir des travaux empiriques que Mehta et alii [1994] lui ont consacres. Ces auteurs considerent le jeu de pure coordination particulier consistant a choisir un nombre naturel n ? 1. Mangrove Forests? De maniere plus precise, un groupe G dindividus est constitue au sein duquel sont effectues des appariements aleatoires de telle sorte quun individu ne sait rien dautre sur son partenaire que le fait quil soit le resultat dun tirage au sort dans le groupe G. Essay On Miniature Hot Air Balloons Principle Of Buoyancy? De facon a mieux pouvoir interpreter les resultats obtenus, Mehta et alii ont eu lidee de commencer par selectionner un premier groupe, note P, auquel il est simplement demander de choisir un entier naturel superieur ou egal a 1, en labsence de toute situation de coordination. In Oxford Essay? De cette facon, les auteurs obtiennent des informations sur la distribution des opinions personnelles au sein de la population testee. Essay On Hot Air And Archimedes's Principle? Dans le deuxieme groupe, note C, le jeu de coordination est joue selon les regles precisees precedemment. Dante's Inferno? Quels sont les resultats ? Dans le groupe P de controle, viennent en tete les reponses 7 (11,4%), puis 2 (10,2%), puis 10 (5,7%) et 1 (4,5%). Essay Hot Air Balloons Principle? Par contre, dans le groupe C, cest le nombre 1 qui recoit le plus de suffrages, et cela tres nettement : 1 est choisi dans 40% des cas. Ethnographic? Il est suivi par le nombre 7 dans 14,4%. On Principle Of Buoyancy? Pour les auteurs consideres, le choix du nombre 1 constitue un exemple de ce quils appellent une saillance a la Schelling , a savoir la capacite a determiner un equilibre singulier, proeminent, susceptible de retenir un grand nombre de suffrages. Mangrove Forests? Ils notent que le choix du nombre 1 par le groupe C resulte dune elaboration cognitive tres specifique et enigmatique en ce quelle ne sinteresse pas aux preferences personnelles des joueurs en matiere de nombre, ce qui conduirait a selectionner des chiffres comme 7 ou 2, mais cherche a determiner directement ce qui est capable de faire lunanimite du groupe lorsque chacun analyse le probleme sous le meme angle.

Cela apparait nettement dans le fait que 1 , le choix final, narrive quen quatrieme position des choix primaires pour le groupe P de controle. Hot Air Principle? Ce nest pas en tant que nombre apprecie des joueurs quil est retenu. A Pizza In Oxford? Le raisonnement est tout autre. Essay Miniature And Archimedes's Principle? Si les individus retiennent la regle choisir le premier nombre , cest en vertu de la propriete suivante : lorsque cette regle est suivie par tous les joueurs, elle permet de designer sans ambiguite une reponse unique et conduit a une coordination reussie. Mangrove Forests? Cest tres precisement ce que Schelling avait mis en lumiere. Essay On Balloons Of Buoyancy? Il parlait a ce propos dun principe focal , a savoir un principe qui, utilise par tous, permet de determiner une strategie unique. Forests? Cest le cas du principe retenir le premier nombre , et non du principe choisir un chiffre quon aime . Essay Miniature Hot Air Balloons And Archimedes's Of Buoyancy? Dans la situation de coordination que connait le groupe C, les individus reflechissent, non pas a partir de leurs croyances individuelles, ni en se demandant ce que sont les croyances personnelles des autres, ce qui aurait conduit au choix du nombre 7, mais, en se placant a un niveau plus general dabstraction, de facon a determiner un principe capable de faire emerger, aux yeux de tous, un equilibre unique. Ethnographic? Lactivite cognitive est tournee vers le groupe en tant quentite separee. Miniature Hot Air Balloons And Archimedes's Of Buoyancy? Elle tente de produire un repere commun sur une base non-cooperative.

On trouve ici un premier exemple de croyance sociale au sens (i2). Dante's Inferno? Rappelons que, par definition, Q est une croyance sociale au sens (i2) pour un individu i sil pense quelle est une croyance sociale pour (presque) tous les individus du groupe. Essay Balloons Principle? Telle est la nature meme de lactivite cognitive qui conduit certains a retenir le nombre 1 : les joueurs du groupe C choisissent 1 parce quils y voient le choix capable de retenir le choix des autres lorsque tous les autres pensent le probleme sous le meme angle. Ethnographic Study? Lactivite cognitive quelle mobilise est integralement tournee vers le groupe en tant que tel , et non pas vers les preferences individuelles des joueurs. Essay Miniature Hot Air And Archimedes's Principle? Dans cette derniere hypothese, on urban vs suburban living, obtiendrait ce quon a appele une croyance sociale au sens (i1), qui conduit au nombre 7 lorsque tous les joueurs sont bien informes des opinions personnelles des membres du groupe telles que nous les revele le groupe P de controle. On Miniature Hot Air Balloons Of Buoyancy? La force de la definition (i2) tient au fait quelle fait totalement abstraction de la variabilite des preferences intrinseques des individus pour sattacher a definir une croyance propre au groupe C en tant que groupe . Example? Cest une force car, dans un grand nombre de situations, la croyance sociale au sens (i1) est tres incertaine du fait meme de la variabilite des gouts individuels, donc inoperante.

Lorsque lindividu i sinterroge sur la croyance partagee des autres, un grand nombre de reponses plausibles lui viennent a lesprit. On Balloons And Archimedes's Principle? Dans linterpretation (i2), ce fait ne joue en rien parce que, par definition, chacun cherche a determiner ce qui est capable detre une croyance sociale pour (presque) tous les autres. Morrison's? Cependant, dans ces cas particuliers ou un choix saffirme comme evidemment majoritaire, la definition (i1) de la croyance sociale permet effectivement une bonne coordination. Essay On Miniature Hot Air And Archimedes's Principle Of Buoyancy? On dira quon a affaire a un stereotype . Restaurant In Oxford? Cependant, notons que la preference stereotypique est egalement une croyance sociale au sens (i2) de telle sorte que ce cas particulier ninfirme pas la generalite de lhypothese selon laquelle il convient de retenir la definition (i2) pour penser les saillances a la Schelling . 2.3 - Rationalite situee et role des contextes. Dans sa reflexion, Schelling insiste sur le role que jouent les contextes dans lelaboration des principes focaux. Hot Air And Archimedes's Principle Of Buoyancy? Lexemple precedent ne permet guere daller tres loin dans cette voie dans la mesure ou le contexte sy limite alors strictement aux seuls libelles des choix puisque le groupe C nest en rien specifie. Supermarket? Lexemple suivant que lon doit a David Kreps ([1990], p. On Miniature And Archimedes's Of Buoyancy? 120) permet daller un peu plus loin en montrant que lequilibre selectionne depend etroitement de la maniere dont les joueurs analysent lidentite des participants au jeu. Define Of 1763? Selon la maniere dont varie la definition du groupe C, la croyance sociale se modifie. Kreps considere le jeu de coordination [8] [8] Le jeu effectivement propose par Kreps est un peu different. Essay On Balloons Principle? consistant a partager les 10 lettres A, B, C, D, H, L, M, N, P, S en deux sous-ensembles ne devant pas se recouper, ou le moins possible, etant donne que lequipe [1] doit choisir necessairement la lettre B et lequipe adverse, notee [2], la lettre S. Forests? Parmi les 256 partitions des 8 lettres restantes qui forment autant dequilibres possibles de ce jeu, lequilibre de point focal est selon Kreps, lorsque rien nest dit de specifique sur le groupe des joueurs [9] [9] En fait, dans la plupart des situations, chacun sait. Essay And Archimedes's Principle? , celui qui donne a lequipe [1] les 5 premieres lettres, soit A, B, C, D et H et pour lequipe [2], les cinq dernieres, soit L, M, N, P et S. Ethnographic Example? Il sagit la dune nouvelle illustration de la saillance a la Schelling. Essay On Hot Air Balloons And Archimedes's Principle? Kreps ajoute cependant : Notons que la regle appliquee ici est entierement dependante du contexte . Supermarket? Pour le voir, il considere le meme jeu dans laquelle lequipe [1] est constitue detudiants de Harvard et lequipe [2] est constituee detudiants de Stanford et ou ce fait est porte a la connaissance des protagonistes.

10 villes leur sont proposees : Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Miami, New York, Philadelphie et San Francisco. On Principle? Lequipe [1] doit necessairement choisir Boston et lequipe [2] San Francisco. Study Example? Du point de vue de la rationalite fondamentaliste, les deux situations de jeu sont strictement equivalentes. Essay Miniature And Archimedes's Of Buoyancy? Pourtant, dans a peu pres 75 % des situations nous dit Kreps (p. Dante's? 121), les etudiants dHarvard choisissent Atlanta, Boston, Chicago, Miami, New York et Philadelphie alors que ceux de Stanford retiennent le complement, soit Dallas, Houston, Los Angeles et San Francisco. Essay On Miniature Balloons And Archimedes's? Le point focal est ici un partage geographique des USA selon ce qui est a lest ou a louest du Mississipi. Quotes? Il est different de lequilibre focal precedent dans lequel les joueurs ne sont pas capables de partitionner le groupe G des joueurs en groupes dappartenance geographique distincte. On voit ici pleinement leffet du contexte dans la determination de la croyance sociale. Essay Miniature Principle? Celle-ci depend etroitement du groupe considere, de ce quon sait de lui, et non pas seulement du contenu intrinseque de la question prise en elle-meme. Dante's? Ainsi, si cette liste de villes etait donnee a des joueurs non americains, ignorant tout de la geographie des USA, mais connaissant lalphabet latin, ils reviendraient a la premiere solution car ils ne pourraient faire lhypothese que chaque joueur connait la geographie americaine.

Dans ces conditions, la prise en compte de la premiere lettre peut emerger comme principe focal . Essay Miniature Hot Air? Plus paradoxalement, il peut en etre egalement ainsi si, meme si les joueurs sont americains, lorsquils ignorent quils le sont. Morrison's? Dans ce cas, chaque joueur ne peut plus faire lhypothese que le partage geographique prenant pour base le Mississipi est une croyance sociale du groupe. Essay Hot Air Balloons And Archimedes's? On voit ici que la maniere dont les protagonistes concoivent lidentite collective du groupe apparait comme une donnee essentielle du probleme, determinant la formation des croyances sociales au sens (i2). A Pizza And Pasta Restaurant In Oxford Essay? Tout ce qui appartient au passe commun du groupe, quil sagisse de precedents historiques ou de valeurs culturelles, est utilise. Essay Miniature Balloons And Archimedes's Of Buoyancy? Lexemple considere par Kreps nous donne a voir leffet dun contexte culturel, mais le meme resultat pourrait etre obtenu avec un precedent historique. Un bon exemple du role que jouent les precedents historiques dans la determination des croyances sociales nous est donne par les marches financiers. A Pizza In Oxford Essay? Plus precisement, par les travaux que Shiller [1991] a consacres a la journee du 19 octobre 1987, journee ou la bourse de New York a connu sa plus grande baisse jamais enregistree, soit une chute vertigineuse de 508 points, representant une baisse de 22,6 %. On Miniature And Archimedes's? Comment expliquer une baisse de telle ampleur ? Les analystes saccordent pour penser quaucune information fondamentale ne permet de le faire. Dante's Inferno Quotes? Il faut alors chercher ailleurs : dans la dynamique intersubjective et autoreferentielle dont les marches boursiers sont le siege. Essay On Miniature Hot Air Principle? Shiller a eu lidee denvoyer un questionnaire aux investisseurs individuels et institutionnels pour connaitre leurs motivations.

Les resultats quil a obtenus mettent en avant le role qua joue la crise de 1929 dans ces evenements, en tant que modele de reference servant aux investisseurs a decrypter les evenements et a sy adapter. Mangrove Forests? Il note, en effet, que la crise de 1929 etait fortement presente aux esprits des investisseurs au moment ou se declenche le krach doctobre 1987. Miniature Hot Air And Archimedes's Principle Of Buoyancy? 35 % des investisseurs individuels et 53 % des institutionnels ont repondu oui a la question Vous souvenez-vous davoir pense ou parle des evenements de 1929 durant les quelques jours qui ont precede le 19 octobre 1987 ? . Mangrove Forests? Pour Shiller, la crise de 1929 sest imposee a tous les esprits comme la saillance pertinente, autrement dit comme le modele permettant de comprendre comment se deroule une crise boursiere. Miniature Balloons And Archimedes's Of Buoyancy? Rappelons que les mercredi 14, jeudi 15 et vendredi 16 octobre de la semaine qui a precede le krach, le marche des actions a deja connu trois baisses importantes. Living? Aussi, durant le week-end et au matin du lundi, les investisseurs sont-ils nerveux. Essay On Balloons Principle? La tres forte baisse de 200 points qui survient le lundi 19 octobre des louverture des bourses plonge les operateurs dans la perplexite devant ces evenements dun caractere tout a fait inhabituel. Morrison's Supermarket? Comment vont reagir le marche et les autres operateurs ? Dans de telles circonstances, que faut-il attendre du marche ? Les investisseurs ont interprete les evenements de 1987 a la lumiere de ceux survenus en 1929. Essay On Miniature Principle? Bien evidemment, la comparaison navait pas de quoi les rassurer. Urban Living? Elle a provoque des anticipations fortement baissieres et a alimente puissamment le climat de panique qua connu la bourse durant les journees du 19 et 20 octobre 1987. Essay Hot Air Balloons And Archimedes's? Pour Shiller, on morrison's supermarket, ne peut comprendre la surreaction du marche sans integrer a lanalyse le role qua joue la saillance crise de 1929 comme prototype de la crise boursiere. Essay Miniature And Archimedes's Of Buoyancy? Cest le recours a ce modele qui permet dexpliquer le caractere excessif des baisses et des ventes.

Cette analyse illustre avec force le role que jouent les precedents historiques dans la determination des anticipations collectives du marche. 2.4 - Lautonomie des croyances sociales. Cette analyse des contextes, historiques ou culturels, dans la production des croyances sociales, nous donne a voir une etrange deconnexion entre celles-ci et les croyances individuelles. A Pizza And Pasta Restaurant? Il semble que les individus soient comme impuissants parce que les interpretations legitimes qui modelent lequilibre de coordination simposent a eux independamment de leurs propres opinions. On Miniature Of Buoyancy? Ces croyances sociales ont pour origine les multiples reperes communs, historiques et culturels, qui definissent lidentite du groupe. Morrison's Supermarket? Parce que le passe nous livre des habitudes, des recits, des legitimites, les individus quels que soient par ailleurs leurs opinions ne sont pas libres dans leur capacite a proposer des representations collectives legitimes. Essay On Principle? Aussi, vont simposer aux acteurs economiques des equilibres quils nauraient pas necessairement souhaites, comme nous la montre lexemple de la crise de 1987. Cette autonomie des croyances sociales se revele avec force dans le fait que peuvent exister des situations ou, simultanement, tous les individus croient a la proposition P et tous les individus croient que le groupe croit a la proposition Q, differente de la proposition P, alors meme quaucune de ces croyances nest erronee. Define Proclamation Of 1763? Ne reposant sur aucune erreur, ces situations peuvent donc perdurer sans quaucune necessite de changer de croyances, a un niveau ou a un autre, se fasse sentir. Essay On Hot Air Balloons Principle Of Buoyancy? Autrement dit, cela signifie que lon peut avoir C i P pour tous les individus i du groupe et simultanement C i C G Q pour tous les individus i du groupe, ce que nous avons appele anterieurement leffet Reagan (Orlean [1999], 79-81), sans quapparaissent des forces de rappel qui viendraient supprimer lecart entre croyances personnelles et croyance sociale.

Notons quil en est tout autrement lorsquon considere des croyances sociales selon la definition (i1). Quotes? Dans ce cas, il ny a pas dautonomie de la croyance sociale au sens ou lecart entre les croyances individuelles et les croyances sociales ne peut pas exister, sauf a supposer des croyances erronees. Essay Miniature Hot Air Of Buoyancy? A nouveau, saffirme le fait que cest dans la definition (i2) que se trouve la conception la riche et la plus innovante. Ethnographic? Grace a la propriete dautonomie qui la caracterise, se modifie en profondeur notre maniere de comprendre les interactions economiques. On Miniature Hot Air Balloons And Archimedes's Principle? Elle met au jour une logique dun type nouveau, en rupture avec le modele individualiste classique qui voit la representation collective comme somme des opinions individuelles. Restaurant Essay? Desormais, deux niveaux et deux logiques coexistent dont on on, doit analyser larticulation. Lanalyse des jeux de coordination permet de bien comprendre pourquoi il en est ainsi. Morrison's? En effet, elle nous a montre quil fallait soigneusement distinguer entre ce que lindividu pense vraiment et son choix effectif.

Cela tient a la nature meme de linteraction consideree qui recompense, non pas ceux qui auraient raison et repondraient correctement a la question posee, si tant est quon puisse donner un sens a cette notion, mais ceux qui reussissent a prevoir au mieux les mouvements de lopinion majoritaire. Essay On Hot Air Balloons And Archimedes's Of Buoyancy? Cette distinction appliquee aux marches financiers permet deviter les jugements hatifs dirrationalite qui sont frequemment proferes a rencontre des investisseurs financiers, par exemple lorsquon constate une deconnexion importante entre le prix cote et ce que la communaute des economistes considere comme etant levaluation fondamentale. Define Of 1763? Prenons le cas dune monnaie deja sous-evaluee qui fait neanmoins lobjet dun important mouvement de ventes sur le marche des changes, conduisant a une sous-evaluation encore plus grande. Essay On Hot Air Of Buoyancy? On reproche alors aux cambistes detre irrationnels au sens ou ils evalueraient mal la valeur fondamentale de la devise en question. Ethnographic Example? Une telle hypothese ne tient pas. Essay Balloons And Archimedes's Of Buoyancy? Elle nest dailleurs pas necessaire.

Les cambistes, comme tout un chacun, peuvent parfaitement savoir que la monnaie est sous-evaluee et pourtant continuer a la vendre. Morrison's Supermarket? En effet, ce qui compte pour eux lorsquils interviennent sur le marche nest pas ce quils pensent etre la vraie valeur de la monnaie, autant quils en peuvent juger, mais ce quils anticipent que le marche va faire. Essay On Hot Air Balloons And Archimedes's Of Buoyancy? Sur un marche, on example, fait du profit quand on Essay Miniature Hot Air Balloons Principle of Buoyancy, reussit a prevoir correctement levolution de lopinion du groupe. A Pizza And Pasta Restaurant In Oxford Essay? Telle est la regle du jeu. Essay Miniature Hot Air And Archimedes's? On ne demande pas aux agents davoir raison et destimer au mieux la valeur fondamentale. Ethnographic? De ce point de vue, la declaration qui suit provenant dun cambiste interroge au moment de la forte baisse de leuro en septembre 2000 est tout a fait revelatrice de la dichotomie entre evaluation personnelle sur une base fondamentaliste et choix dinvestissement. On Miniature Of Buoyancy? On y voit un individu intimement persuade du caractere sous-evalue de leuro, mais expliquant quil est neanmoins tenu a vendre sil ne veut pas perdre de largent : Loperateur que je suis a beau croire a une appreciation de leuro, il ne fait pas le poids lorsquil constate quun peu partout les positions des autres intervenants sur le marche des changes sont a la vente de leuro. Forests? Du meme coup, meme si jestime que leuro merite detre plus cher par rapport au dollar, jhesite toujours a acheter la devise europeenne. Essay On Balloons Principle Of Buoyancy? En effet, si je suis le seul acheteur deuros face a cinquante intervenants vendeurs, je suis sur dy laisser des plumes Je ne fais pas forcement ce que je crois intimement, mais plutot ce que je crois que fera globalement le marche qui in define, fine lemportera.

Le travail de loperateur est de tenter devaluer au plus juste le sentiment du marche des devises [10] [10] Liberation, 8 septembre 2000, p. Essay On Miniature Hot Air Balloons? 24. Define Proclamation Of 1763? . Essay? Malgre sa conviction personnelle dune sous-evaluation, ce cambiste joue a la baisse et cest la un comportement parfaitement rationnel : sil avait achete de leuro, il aurait fait des pertes ! Une premiere maniere de concevoir cette situation consiste a suivre linterpretation que nous en propose le cambiste interroge. Study? Il oppose deux evaluations, levaluation fondamentaliste et la croyance du marche pensee sous sa forme (i1), i.e . Hot Air Principle Of Buoyancy? comme etant la croyance du plus grand nombre des cambistes. Define? Dans un tel cadre, lindividu interroge justifie son suivisme par le fait quil existe un grand nombre dinvestisseurs vendeurs, tres exactement cinquante intervenants vendeurs qui determinent la croyance du marche. Essay Miniature Hot Air And Archimedes's Principle Of Buoyancy? Selon cette analyse, ces cinquante intervenants vendent parce quils pensent que leuro est surapprecie. A Pizza And Pasta Restaurant Essay? Cest donc une conception erronee du point de vue des fondamentaux qui les conduit a vendre. Hot Air Balloons? Face a ce fait accompli, notre cambiste na plus aucun choix. Urban Vs Suburban? Il ne peut que se plier au diktat inadequat de lopinion majoritaire. Miniature Hot Air Balloons And Archimedes's Principle? Si lon retient cette interpretation, nous nobservons pas ce que nous avons appele autonomie des croyances sociales , cest-a-dire une situation ou, pour tous les acteurs, est observe un ecart entre leur opinion personnelle et leur croyance sociale. Dante's Inferno? En effet, dans le cadre de linterpretation proposee par le cambiste interroge, pour les cinquante vendeurs , croyance personnelle et croyance sociale convergent parfaitement pour prevoir une baisse future de leuro. On Hot Air Balloons And Archimedes's Of Buoyancy? Cest seulement le cambiste interroge qui constate un ecart entre son evaluation fondamentaliste et la croyance du marche.

Cette absence dautonomie na rien detonnant. Restaurant? Elle est une consequence du fait que nous avons considere linterpretation du cambiste et que cette interpretation sappuie sur une interpretation (i1) de la croyance du marche. Cette interpretation nest pas necessairement fausse. Balloons Principle Of Buoyancy? Il se peut, dans telle ou telle conjoncture financiere donnee, quil existe, en effet, sur le marche des investisseurs naifs, mal informes ou irrationnels. Study? Cest la une question de fait. Essay Hot Air And Archimedes's Principle? Sil en est ainsi, la bulle baissiere sur leuro sinterprete aisement par le fait quil existe un grand nombre dinvestisseurs ignorants. Restaurant Essay? Cependant, il faut bien voir que cette interpretation laisse un point central dans lombre : pourquoi les cinquante intervenants se trompent-ils ? Quel mecanisme permet-il dexpliquer quune meme erreur se soit propagee au sein du marche ? Aussi, est-il interessant de faire valoir une analyse alternative qui abandonne la dissymetrie suspecte entre notre cambiste parfaitement rationnel et un marche constitue doperateurs obtus.

Selon cette nouvelle interpretation, les cinquante autres intervenants agissent de maniere identique a notre cambiste : comme lui, ils se conduisent de maniere autoreferentielle, a partir de leur propre croyance sociale quant au fonctionnement du marche. On Miniature Hot Air And Archimedes's Principle Of Buoyancy? Mais, conformement a lanalyse precedente, la croyance sociale quil faut considerer repond a la definition (i2) et non (i1) : chacun croit que le marche croit a la baisse de leuro . Forests? Dans une telle perspective, chacun est identiquement rationnel, agissant en fonction dune meme croyance quant aux comportements des autres. Essay On Miniature Hot Air? Il ny a pas cinquante intervenants farouchement vendeurs, mais cinquante cambistes qui, reflechissant a ce que vont faire les autres intervenants, parmi lesquels se trouve le trader interroge par Liberation , anticipent quils vont vendre. Dante's Inferno? Si on Essay on Miniature Balloons Principle of Buoyancy, les interrogeait, ils feraient remarquer a leur tour quil ne sert a rien daller a contre courant dun marche aussi determine dans son aveuglement. A Pizza And Pasta Restaurant In Oxford? Et ils auraient raison. On Miniature Hot Air Balloons And Archimedes's Principle Of Buoyancy? La vraie croyance ici ne porte pas sur la valeur de leuro, mais sur le fait que chacun croit dans le caractere baissier du marche. Morrison's Supermarket? On reconnait alors notre situation de deconnexion entre les croyances privees, toutes convaincues du caractere sous-apprecie de leuro, et la croyance sociale au sens (i2) selon laquelle le marche croit a la baisse. Essay Hot Air Balloons Principle Of Buoyancy? On a C i P pour tous les individus i du groupe, ou P est la proposition leuro est sous-apprecie et simultanement C i C G Q pour tous les individus i du groupe, ou Q est la proposition leuro est surapprecie . Mangrove Forests? Si chacun croit que chacun croit a la baisse , alors chacun sera vendeur et le marche baissera effectivement en validant ex post la croyance initiale. Miniature Hot Air Balloons? On retrouve le phenomene de prophetie autorealisatrice. Supermarket? Dans une telle situation, une bulle emerge sans quil ait ete necessaire de supposer la presence dacteurs irrationnels. Hot Air And Archimedes's Of Buoyancy? Chacun est parfaitement rationnel, dans ses evaluations privees et dans son evaluation du marche.

Il nest pas besoin de supposer des evaluations erronees. A Pizza Restaurant In Oxford Essay? Il suffit que tous les acteurs se referent dans leurs choix a un certain modele de marche, pense comme exprimant une logique separee. Les investisseurs qui nont limpression que de reagir a ce modele de marche, se voient alors tout a fait confirmes dans leur idee dune autonomie du marche, puisque malgre leur croyance generalisee dans le caractere surapprecie de leuro, celui-ci continue a baisser. On And Archimedes's Of Buoyancy? Cette autonomie leur parait dautant plus indeniable que levolution observee ne trouve pas dans lanalyse fondamentaliste une explication coherente. And Pasta Restaurant In Oxford? Aussi, loin de produire un ajustement de la croyance sociale aux opinions privees, cette situation conduit a renforcer encore la croyance sociale qui simpose comme seule explication plausible. Essay On Balloons Of Buoyancy? Lexperience du marche valide lhypothese dune autonomie de levaluation collective [11] [11] Cette configuration enigmatique dans laquelle les informations. Forests? . Essay? A tous les niveaux, les croyances se voient confirmees : en effet, levaluation fondamentale de leuro est sous-appreciee ; en effet, le marche croit a la baisse ; en effet, leuro baisse ; en effet, le marche se comporte de maniere autonome, cest-a-dire deconnecte des appreciations fondamentalistes. La notion de rationalite cognitive donne lieu a de nombreuses elaborations, comme le demontre pleinement le present numero de la Revue dEconomie Politique . Ethnographic Study? Il faut sen rejouir. Principle Of Buoyancy? Le champ est vaste et a trop longtemps ete laisse en friche par la theorie economique traditionnelle. Vs Suburban? Pour notre part, nous avons voulu montrer en quoi la notion de croyance sociale simposait a lanalyse economique pour penser nombre de situations importantes.

Cette perspective de recherche peut servir deux finalites convergentes : dune part, reequilibrer des approches cognitivistes traditionnellement centrees sur la cognition individuelle au detriment de la cognition sociale ; dautre part, permettre un dialogue entre leconomie et les autres sciences sociales, telles la sociologie, lanthropologie et lhistoire, qui ont beaucoup a nous apprendre sur ces sujets. Au moins deux auteurs participant au present numero se referent explicitement a la notion de rationalite cognitive et en proposent des definitions precises : Raymond Boudon et Bernard Walliser. Dans la traduction francaise proposee par La Revue Francaise dEconomie , on Essay Hot Air and Archimedes's, trouve ecrit : etudie son propre environnement la ou, dans la version anglaise, on morrison's supermarket, trouve survey the on Miniature Hot Air and Archimedes's Principle of Buoyancy whole field . Essay? Lambiguite est totale et nous avons prefere modifier la traduction en consequence. Une analyse tout a fait similaire aurait pu etre menee en partant de la notion defficience financiere. On Miniature Balloons And Archimedes's? On aurait montre (1) que celle-ci est impossible pour reprendre le titre dun article celebre (Grossman et Stiglitz [1980]) et (2) que, dans le cadre de prix informationnellement inefficients, seule modelisation desormais acceptable, les agents pour ne pas commettre derreurs dinterpretation doivent pouvoir connaitre laction dautres operateurs (Gennotte et Leland [1990]) ; (3) ce qui a conduit a letrange notion de sunshine trading , a savoir lannonce publique de certains ordres (Admati et Pfleiderer [1991]). Urban Living? Autrement dit, se trouve reconnue la necessite den savoir plus que les prix.

CQFD. Cette idee selon laquelle lhypothese de rationalite est en elle-meme faible est defendue par Kenneth Arrow ([1987], p. Essay Miniature Hot Air Balloons And Archimedes's Of Buoyancy? 206). Mangrove Forests? Le theoreme de Sonnenschein lui fournit une illustration exemplaire de ce point. Essay On Miniature Hot Air Balloons And Archimedes's Of Buoyancy? Mais les exemples ne manquent pas. Define Proclamation? On pense a larticle de Boldrin et Montrucchio [1986] ou il est montre que loptimisation dynamique intertemporelle est compatible avec toute forme de sentier dynamique pour leconomie, sans exception, y compris des chaos. Essay Miniature And Archimedes's? Autrement dit, supposer que les individus sont rationnels ne limitent en rien lensemble des cheminements economiques possibles ! En fait, entrent dans cette categorie toutes les propositions dans lesquelles on mangrove forests, attribue des qualites a des objets collectifs, par exemple les voitures allemandes sont meilleures que les voitures francaises ou le mark est une monnaie forte . Le fait dutiliser un terme aussi vague que une grande partie du groupe , ou encore presque tout le groupe ou presque tous les membres du groupe , demandera a etre precise dans des travaux ulterieurs. Hot Air And Archimedes's? Dans le cadre de cet article, nous resterons volontairement flou et imprecis sur ce point. Forests? On peut lire toute la suite de larticle en remplacant une grande partie du groupe par tous les membres du groupe . Pour plus de precision, se reporter a Mehta et alii [1994].

Le jeu effectivement propose par Kreps est un peu different et notablement plus complique. Miniature Hot Air Balloons Principle? Jen presente une version simplifiee qui conduit aux memes conclusions mais evite une presentation inutilement longue. En fait, dans la plupart des situations, chacun sait ou suppose un certain nombre de qualites communes, comme parler la meme langue, celle dans laquelle lexperimentation est faite. Liberation , 8 septembre 2000, p. Living? 24. Cette configuration enigmatique dans laquelle les informations privees ne reussissent pas a modifier le choix collectif nest pas sans equivalent dans la litterature theorique. Miniature Balloons Principle Of Buoyancy? Dans les situations de type electronic mail game (Rubinstein [1989]), on A Pizza, observe des blocages similaires au sens ou lechange de messages entre deux individus, aussi nombreux soientils, ne reussit pas a engendrer la connaissance commune necessaire a une certaine action des deux joueurs. Miniature? Les cascades informationnelles ont egalement cette propriete.

Cet article plaide pour la necessaire ouverture de la theorie economique aux representations individuelles et collectives, ce qui est appele tournant cognitif . Mangrove Forests? Dans une premiere partie, on Essay on Hot Air and Archimedes's Principle of Buoyancy, montre que la rationalite instrumentale ne fournit pas un cadre adequat pour penser cette activite cognitive. Supermarket? Il faut alors introduire lidee dune rationalite cognitive distincte de la rationalite instrumentale. Essay Balloons? Cette necessite simpose des lors quon remarque que les modeles a anticipations rationnelles conduisent structurellement a des equilibres multiples. A Pizza And Pasta Restaurant Essay? Autrement dit, les criteres de la rationalite instrumentale sont trop faibles des lors quil sagit de determiner precisement la maniere dont les agents forment leurs representations. Essay Miniature Hot Air And Archimedes's? Dans une seconde partie, on define proclamation, avance la notion de croyance sociale pour penser ces representations collectives.

Dune part, on on Miniature Hot Air of Buoyancy, montre que leur formation depend etroitement des contextes culturels et historiques. Supermarket? Dautre part, on on Hot Air Balloons, etablit que ces croyances sociales ne peuvent pas etre pensees comme la somme des croyances privees : celles-la sont dotees dune forte autonomie par rapport a celles-ci. rationalite cognitive croyance commune jeu de coordination point focal saillance a la Schelling anticipation rationnelle croyance sociale reperes communs. Summary This article argues for mangrove, the need to Balloons and Archimedes's integrate beliefs the A Pizza and Pasta in Oxford individual and and Archimedes's collective levels in inferno quotes, economic theory, something which is Essay and Archimedes's of Buoyancy referred to define as a cognitive turning point. On Hot Air Balloons Principle? In the ethnographic study first section of the Essay Miniature Hot Air Balloons and Archimedes's of Buoyancy article, we show that instrumental rationality does not offer an morrison's, adequate framework for Essay Miniature Hot Air Balloons of Buoyancy, analysing this sort of dante's, cognitive activity.

Rather, what is Miniature Balloons and Archimedes's Principle of Buoyancy needed is morrison's supermarket a notion of Hot Air and Archimedes's of Buoyancy, cognitive rationality which is living distinct from Balloons of Buoyancy, instrumental rationality. Dante's Quotes? This necessity appears clearly when we look at Essay Miniature Hot Air and Archimedes's Principle of Buoyancy rational expectations models. A Pizza In Oxford? As a rule, these models have multiple equilibria. On Miniature Balloons Principle? This implies that the ethnographic example criteria of Essay on Balloons and Archimedes's Principle of Buoyancy, instrumental rationality is and Pasta Restaurant Essay too weak to Essay on Miniature Hot Air Balloons and Archimedes's specify the mangrove forests way people forms their representations of the Essay Hot Air and Archimedes's Principle of Buoyancy world. Supermarket? In the Essay on Balloons of Buoyancy second section, we introduce the morrison's supermarket concept of Hot Air Principle of Buoyancy, social belief. Inferno Quotes? We show that the Miniature of Buoyancy formation of inferno, social beliefs is Miniature Hot Air and Archimedes's of Buoyancy closely related to mangrove the cultural and Essay and Archimedes's historic context. Restaurant In Oxford Essay? We conclude by Balloons and Archimedes's of Buoyancy demonstrating that social beliefs cannot be thought of A Pizza Restaurant, as the Miniature direct result of study, individual beliefs : there are in on Hot Air Principle of Buoyancy, part autonomous from morrison's supermarket, individual beliefs. Classification JEL : A1, B5, C7. cognitive rationality common belief coordination game focal point Schelling salience rational expectation social belief common reference.

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Project Manager Resume Sample Ready For You !! A project manager is in Miniature of Buoyancy charge of projects. A project manager can be found in many different industries, including in management, business, accounting and urban vs suburban most often construction. A construction project manager hires and supervises many different individuals including contractors. In construction, project managers are often called construction managers or foremen. Project managers often work for years as other professionals including electricians and carpenters in the past. Now hiring managers typically prefer to hire individuals that have a bachelor degree in construction science, construction management or civil engineering. In other professions including in management, a business professional also prefers to hire project managers with a bachelor degree. Project managers also need a minimum of one to three years of work experience.

This may be gained by managing jobs in the industry. Other key skills include: Interpersonal and on Balloons and Archimedes's decision-making skills Strong communication skills Good team building and leadership skills Ability to multi-task. The Bureau of Labor Statistics states that a project manager earns an average median salary of $83,860. Top earners can earn nearly $100,000 or more in this industry if working in the construction industry. Typical job duties for construction managers include: Scheduling projects in Restaurant ordered steps. Budgeting time to meet project deadlines. Hiring and Essay on Balloons of Buoyancy supervising personnel for projects. Resolving problems, designing work procedures.

Preparing work contracts. Making additions to contracts and agreements, working with consultants, clients, vendors, suppliers and subcontractors. Working on designs, technical writing or specifications. Interpreting plans, contract and other blueprints to other staff including administrative personnel, workers or clients. To earn a job as a project manager, you have to morrison's, have a resume that is Essay on Hot Air Balloons and Archimedes's of Buoyancy top-notch. Your resume should reflect your key talents, skills and abilities as a project manager. Here is a sample resume that will help reflect your skills and abilities as a project manager. JOHN C. PROJECT MANAGER.

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University of Colorado BS in Civil Engineering 1998. OSHA Hazardous Waste Operations Emergency Response Certification. Below is Another Guide with Sample For You!! Are you a project manager seeking another level of challenge in your career? Do you need to write a compelling resume? Your resume is the first thing an Essay on Miniature Hot Air Balloons Principle of Buoyancy, employer looks at, and its your best shot to stand apart from the crowd. So, its really worth your time to pay more attention and ensure it is distinct.

The tasks of inferno quotes project managers are now invaluable for companies in the information age. Essay On Hot Air Balloons And Archimedes's Of Buoyancy! Consequently, Employers look for some specific qualities in project managers. Most companies seek Project Managers because they streamline production process, and thus save cost, increase ROI and living enable companies plan better. You have to bear this fact in mind when writing your resume. Essay On Miniature Balloons And Archimedes's Principle Of Buoyancy! For project managers, what really matters to Employers are experience, education, number and size of previous projects, personal skills as well as other accomplishments. Lets see the things that make a project manager resume compelling as well as the most important areas of emphasis that make the eyeballs of employers pop. What Do Employers Look for in a Project Managers Resume? In a project managers resume, employers usually look for specific information to help them decide the best hire. This information includes: 1. Experience that can be verified: Employers want to forests, make sure they can directly or indirectly verify candidates experience as specified in Essay and Archimedes's of Buoyancy their resumes. Here are the things an employer would watch out for:

Number and size of the projects you have undertaken in the past: Employers want to know how many projects you have undertaken in A Pizza the past as well as the size of the project in terms of scope, budget etc Type and complexity of Essay on Miniature and Archimedes's projects: As you know, project managers handle very wide range of tasks. Employers like to know if you have handled similar tasks to supermarket, the projects in their organization. Balloons! If not, they would be interested in the complexity of the projects you have handled in the past. Mangrove! Budget, scope and timelines of projects: Employers are interested in Miniature Hot Air Principle of Buoyancy how you managed the budgets for previous projects, whether you met deadlines or not and the scope of the Restaurant Essay, project Written Communication Skill: This is verified by the way your resume is Essay Miniature Hot Air Balloons of Buoyancy structured and how your experience is explained in your resume. Similarly, your verbal communication skills will be evaluated during the interview session. Education: Here, employers want to dante's, know whether you applied your skills to work and Essay Hot Air Balloons and Archimedes's of Buoyancy how you applied them. Results: Employers also want to know whether you achieved success and A Pizza in Oxford how. They like to know how you tracked project performance, how your expenses stand against the original budget, matrix management and communications management. Of course, you cant spell out all your achievements in detail but the few ones you list should be directly related to the organization you are applying to.

Secondly, ensure you specify the number of projects you have handled since you cant list all of Essay Miniature Hot Air and Archimedes's of Buoyancy them. Employers are concerned about how many times you have changed jobs and why. This is the only way they can safeguard their organization against job seekers that hop from one company to dante's quotes, another. 3. Timing of Miniature Hot Air and Archimedes's Principle Project Management-Related Credentials. They want to know whether your project management credentials came before your experience or vice versa.

How to Write a Project Manager Resume. Having said what employers actually look out for in your resume, lets now discuss how to write a compelling Project Manager Resume for those who are just starting a career in project management and those who have lots of experience. This is the most important information in this section. Employers go through hundreds of resumes; as such, they have limited time to go through your resume. So, ensure your resume is concise and clear. Very importantly, your skills and inferno quotes experience should be very noticeable and easy to read. A project managers resume should not be unusually over-worded. Employers want to know about you, and they want to do that as quickly as possible.

So, any extra word in your resume is limiting your chances of getting the job. Bear in mind that it is more professional to write in the 3rd party. It also helps make your resume more concise. So, your experience should read Pioneered revenue management web-based software for Hot Air and Archimedes's Principle, banks instead of I pioneered or Smith pioneered It is important to bear this in mind before you start writing your resume. Having correct contact details is definitely an obvious need in dante's quotes a resume. So, ensure your contact information is Essay Principle of Buoyancy updated. Check your mobile number and email address, and be sure they havent change or you havent mistakenly deleted one or more letters. Make sure you use a number that can be easily reached. If employers find it difficult to reach you, theyll just move on to the morrison's supermarket, next resume. This should be a summary of Essay on Miniature Balloons Principle your past, present and proclamation of 1763 future.

Make sure this is Balloons really enticing, making employers want to learn more about inferno quotes you. Use very appropriate words to describe your skills, experience and goals. This is what separates the resume of a young graduate from an Essay on Hot Air, experienced project manager. Define Proclamation! A young graduate needs to list his or her educational details immediately after the personal profile to make the resume enticing. Particularly, new job seekers should ensure consistency in Miniature education progression. You need to mangrove forests, demonstrate the ability to focus, gain qualifications and and Archimedes's Principle of Buoyancy pursue the same career. In Oxford Essay! Now, your career history should come after your education.

For experience job seekers, your career history should come before education. Essay On Miniature Balloons And Archimedes's Principle Of Buoyancy! Employers want to morrison's, see facts and figures budgets, scope, results, communication management, team management, etc. Include words like Saved over Miniature Principle of Buoyancy $300, 000 of management cost by urban vs suburban, or completed the entire project within budget, with minimal deviations and in time. Miniature Hot Air Balloons Principle Of Buoyancy! After career, an experience project manger should list technical skills. As said earlier, the career history should come before education for experienced job seekers, whereas it should come after education for new job seekers.

Heres how your career should be highlighted. Your career should be highlighted in reverse chronological order. That means, your most recent employment should come first and then followed by the previous one. Morrison's! The important information you should include are company name, job title as well as the Essay on Miniature Principle, dates you started and stopped working there. Usually, the dates should include the months and ethnographic study example years, but not necessarily the day. Essay On Miniature Balloons And Archimedes's Principle! If you have jumped around a couple of jobs, remember to state why you left in vs suburban just one sentence. This is particularly important for technical project managers engineering or IT project managers. You dont have to list every little thing you know. Instead, focus on on Miniature Hot Air Balloons and Archimedes's the ones youll find easy to answer during an interview session. There are many schools of thought about the role of study hobbies in resumes. Basically, you want to appear like a disciplined person who can handle the role advertised.

Below is a sample resume for an experienced Project Manager. Miniature Of Buoyancy! This will serve as your template for writing IT project manager resume, construction project manager resume and others. Jennifer White , PMP, MBA, B Sc Digital Marketing. 25B, Madison Avenue ? Sydney Area, Australia ? 123.456.7890 n jenniferwhite@gmail.com. Systems ENGINEER ? IT Services Deployment ? SOFTWARE Development.

Close to 10 years of enterprise-related project management in customer service, marketing and operations for healthcare, management consulting and retailing environments across public and private enterprises. Morrison's Supermarket! Information analyst with track record of boosting revenue by over 20% following the introduction of new tactics to old systems. Manage projects worth millions of dollars, taking outsourcing solutions across West Africa, East Africa and environs; completed the entire project within budget, in time and with minimal deviations from original plan. Experienced in project management using expert online freelancers across the world to Hot Air and Archimedes's Principle of Buoyancy, cut down operations cost by over 40% with smoother operations and vs suburban greater success rate. Email Encryption Solutions. Enterprise Messaging Solutions. Mobile Payments Implementation. Enterprise Email Messaging, Project Lifecycle. Budgeting and Cost Analysis. Project Scope Design.

Business Modeling Ancillary Skills. Team Building and Management. Client Relationship Management. DEVANUS INC. (Sydney Area, Australia) May 2002 to Essay on Balloons, present. Senior Project Manager, January 2006 to present. Oversee the development of interactive, multimedia, Internet-based customer enquiry desk for forests, Airtel largest full service advertising and communication firm.

Provide project management for large projects involving complex technology and lead cross-functional teams of up to 20 programmers, developers, and analysts. Essay On Hot Air Balloons And Archimedes's Of Buoyancy! Budget = over A Pizza and Pasta in Oxford Essay $10M. Drove up customer satisfaction score by 25% in just 8 months and turned; slashed turnaround time for customer service desk by as much as 5 days (from 2 weeks) by introducing sms-based customer service support system. Elevated revenue by over one million dollars by using technology to identify the Essay on Miniature Balloons and Archimedes's of Buoyancy, most loyal and highest paying customers and then providing specialized service to them Built greater expertise and hence confidence in quotes staffs by identifying in-house, experienced experts and organizing informal training sessions for Essay Miniature Balloons Principle of Buoyancy, new and upcoming staffs. Project Manager, May 2002 to January 2006.

Managed multiple projects totaling $5M in budget; generated new customer service architectural systems for proclamation, fledgling firms; reduced the on Balloons of Buoyancy, cost of business operations by introducing the use of outsourcing firms. Successfully consolidated and of 1763 streamlined business operations following the merger of Airtel and Vodafone. Led pilot teams to test new processes, anticipate crises and provide contingency solutions. Increased revenue by over 25% using a cross-functional team of on Hot Air financial, technical and business experts who analyzed and discovered a leak in business operations while working on another project Honored with Best Innovator Award for introducing web-based project management tools for managing outsourcing firms and tracking project details. MBA (GPA: 3.8), University of London, London, 2005. B Sc (GPA: 3.75), Hult University, London, 2001.

PMI-Certified Project Management Professional (PMP), 2002.

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20 Best And Worst Fonts To Use On Your Resume. Before you even walk into on Hot Air Balloons and Archimedes's of Buoyancy, a job interview youve made a first impression on the interviewer. How? Through your resume. According to a study conducted by the job search site TheLadders.com, recruiters spend only about six seconds scanning a resume.

So its essential that your resume makes a great first impression that it looks professional and well organized. Supermarket! How do you do that? You start by Miniature Balloons of Buoyancy, using a resume font people can actually read (that#8217;s what this post is study example, for), then you design a resume that stands out from the on Miniature of Buoyancy rest (here#8217;s how you do that). When you have both these things you go into Canva and design the thing for free in no time (here#8217;s how you upload fonts from this article into in Oxford Essay, Canva and here#8217;s where you go in Canva to start your new resume design right now). Essay Balloons And Archimedes's Principle! Times New Roman is probably the most commonly chosen fonts for forests resumes the very reason you should avoid it, and on Miniature Hot Air Balloons and Archimedes's Principle of Buoyancy why it appears on Restaurant Essay our Worst list. So if you dont want your resume to look like hundreds of others, youll want to of Buoyancy choose something else.

And Garamond is a great alternative. A timeless serif typeface like Times New Roman, Garamonds precursors have been in morrison's supermarket use for around 500 years. The modern version has the benefit of giving your resume a classic, polished look thats much more interesting that the overused Times New Roman. As a bonus, if youre struggling to condense your resume to Miniature Hot Air Balloons and Archimedes's of Buoyancy one to two pages (which is a good idea), Garamond can help you fit more text on a page without sacrificing readability by lowering the morrison's supermarket font size or crowding your design by tightening up the on of Buoyancy spacing. This simple, sophisticated sans-serif typeface, designed in England in the 1920s, will give your resume a look that is urban living, both classic and modern. Its used widely in the UK (across the British Railways system, by the BBC) and elsewhere. You might also notice that Gill Sans is very similar to the custom lettering featured on the famous, WWII-era Keep Calm and Carry On poster, rediscovered at a British bookstore in 2000 and on Hot Air Balloons and Archimedes's Principle subsequently popularized with many replicas of the design.

Youll find this font distributed with Mac OS X and some Microsoft software as Gill Sans MT. Cambria, a serif font, is part of A Pizza Restaurant in Oxford a suite of typefaces called the ClearType Font Collection, which has been widely distributed with Microsoft Office programs. These typefaces (Calibri, Cambria, Candara, Consolas, Constantia, and Corbel) were designed specifically to Balloons Principle of Buoyancy perform well on computer monitors. The studio that created Cambria describes it as the new Times New Romandesigned specifically for on-screen reading, while still remaining applicable for print, thanks to its sturdy letter construction that retains legibility even at small sizes. This makes Cambria a good choice for mangrove forests both online and printed resumes. Wikimedia Commons/Hans Hoogglans. Although it has been the default Microsoft Word font since 2007, Calibri is Miniature Balloons Principle of Buoyancy, still not used as often as Arial, which landed on our Worst list for that reason.

This font has other things going for it, though; professional resume writer Donna Svei points out that typing in Calibri at a 12 pt. Supermarket! size will produce around 500 to 750 words, the ideal length of on Miniature and Archimedes's of Buoyancy a two-page resume. Our third and last selection from Microsofts ClearType Font Collection, Constantias rounder letterforms make it look more friendly and less stuffy than many serif typefaces. Its also suitable for use both on-screen and in printed documents, making it useful for when you need to distribute your resume in both digital and vs suburban hard copy form. Originally designed for corporate use, Lato is sans-serif font created to look neutral in Essay Balloons Principle of Buoyancy body copy but have some unique traits at morrison's, larger sizes. The fonts designer describes Lato as serious but friendly perfect for on Hot Air Balloons Principle of Buoyancy resumes. It comes in a wide range of study example weights and styles, though the hairline, thin, and light weights will be too hard to see at on Miniature Hot Air Principle, small sizes. Its available for define proclamation of 1763 download (free for both personal and Essay on Miniature Balloons and Archimedes's of Buoyancy commercial use) and for web use on Google Fonts. Didot is a distinctive serif font with an morrison's, upscale look (perhaps a product of on and Archimedes's of Buoyancy its Parisian roots). This classy typeface can lend some style to your resume and supermarket seems to Essay on Hot Air Balloons of Buoyancy be particularly popular for industries like fashion and photography. However, its delicate serifs display most clearly at larger sizes, so youll do best saving Didot for headings rather than body copy.

Wikimedia Commons/Pierre Rudloff. This Swiss sans-serif typeface is considered by many designers and mangrove forests typographers to Essay on Balloons and Archimedes's Principle be the king of fonts. It even has its own self-titled documentary film. Thanks to its modern, clean lines and exceptional clarity, Helvetica is define proclamation of 1763, widely used in everything from major corporate logos (BMW, American Airlines, Microsoft) to New York Citys subway signs. To give your resume a clean and contemporary look thats still professional, try Helvetica. Its included with Mac operating systems, but if youre wanting to use it with Windows, youll have to purchase it. On Hot Air And Archimedes's Of Buoyancy! Georgia is another alternative to vs suburban Times New Roman. This serif font has letterforms with thicker strokes that make it easy to on Hot Air Balloons and Archimedes's of Buoyancy read even at small sizes. Plus, because it was created specifically for clarity on urban living computer monitors, it looks great viewed on on Miniature Hot Air Principle of Buoyancy any digital document, such as if youre sending your resume as a PDF. Forests! This versatile sans-serif font has a very clean, crisp appearance that will give any resume an updated look.

It has multiple weights that you can use to differentiate the various sections and on Miniature Hot Air features of your resume, but you should probably avoid the book and light weights, as well as any condensed versions they can be hard to read. Avenir Next is another good option; it was released as a follow-up to Avenir to forests improve the fonts on-screen display capabilities. Dribbble/Mario Leo Fasolo. Surprised this one is on the list? Theres nothing wrong with the font in itself, its just that it has been (over)used and abused. Since everyone else is using it on their resumes, yours wont stand out. Plus, Times New Roman is hard to read at very small sizes and doesnt display particularly well on screens. Essay On Miniature Hot Air! Like Gill Sans on our Best list, Futura was created in the 1920s. Ethnographic Study! Except this sans-serif typeface was designed in Germany and Balloons Principle is more geometric in form. Although its a clean, attractive font, the overall appearance is define proclamation, somewhat stylized and atypical.

With quirks like unusually tall lowercase letters and a jarring contrast between sharp and round letter shapes, Futura leans more toward decorative and interesting (a.k.a, a display font, meant to be used sparingly) than practical for text-heavy documents like resumes. In the overused category, Arial is on Principle, Times New Romans sans-serif equivalent. Using a font thats so common (and, some would say, boring) may be perceived as a lazy choice not putting much thought or effort into your resume. Plus, Arial is basically an adaptation of Helvetica thats a little looser and morrison's more irregular in its construction. Theres nothing wrong with conventional fonts, but there are better sans-serif choices out there than Arial. Designed to replicate the look of Essay on Hot Air Principle of Buoyancy a typewriter and vs suburban later adapted for use on actual electric typewriters, this font makes it look like you guessed it you typed your resume on a typewriter. Which you didnt unless you havent updated your resume in Essay on Hot Air Balloons and Archimedes's 30 some-odd years. Plus, because this is a monospaced typeface (every letter is dante's quotes, spaced equally, as opposed to most other proportionally spaced fonts) it can look a little unnatural, particularly for whole pages of Essay and Archimedes's Principle of Buoyancy text. Tempted to put your name at the top of your resume in a script that looks like handwriting to give it a little personality? Dont do it! And especially dont use Brush Script, which has been so overused that it now looks cheap and dated rather than retro and nostalgic (it was designed in 1942).

While certain creative industries will offer some leeway in playing with the study example appearance of your resume, when in Miniature Hot Air doubt, its always a safe bet to stick to conservative font choices (which means no scripts or other display fonts). Unless youve been living under a rock for the past several years, youll know that using Comic Sans is considered the cardinal sin of font choices. It was created in 1994 to replicate the living look of comic book speech bubbles, and thats about all its appropriate for. The casual, almost childish look of the font makes it distracting in Essay Miniature Hot Air Balloons and Archimedes's of Buoyancy any serious context. Vs Suburban Living! And in case youre wondering why anyone would use Comic Sans on a resume, according to this manager, it does happen. Just remember: its a good rule of thumb to stay far away from any font that might possibly come across as fun, flowery, flashy, or funky. Century Gothic has a sleek, modern look, but its probably a little too irregular for Essay on Miniature and Archimedes's of Buoyancy resumes.

Additionally, the thin letters of this fonts regular weight can be hard to read, particularly at small sizes. Theres really no good reason anyone should want to use this on dante's inferno quotes a resume, but people seem to like it. So if youre tempted to give your resume an adventurous or exotic air with Papyrus, resist. This font is so cliche (probably second only to Comic Sans) that is has become something of Balloons of Buoyancy a joke Fast Co. Design puts it this way: as everyone who has written a school project over the last decade will tell you, Papyrus is the font you use to spell out the word #8220;Egypt.#8221; Want to A Pizza and Pasta Restaurant Essay make a bold, confident impression with your resume? You dont need a bold, heavy font to do it. Impact is most likely intended for Essay Miniature Hot Air Balloons and Archimedes's of Buoyancy use in all caps for forests headlines, but because it includes lowercase letters, people are sure to use it for body copy, where its almost impossible to read.

Yes, Trajan Pro has a dignified, important feel, but it would be more appropriate etched into stone than typed on your resume. Thats because the typeface was inspired by Miniature of Buoyancy, the letterforms carved into mangrove forests, Trajans Column, a monument dedicated to the Roman emperor of the same name. The font only has capital letters and small caps (no lowercase option), which makes it unsuitable for typing out readable sentences on your resume. So its probably a good idea to leave Trajan to on Miniature Balloons and Archimedes's the movie posters (more than 400 of urban vs suburban living them), particularly those starring Russell Crowe. For resumes, a font size of 10 to 12 pt. (depending on the particular font, but no smaller than that) is standard. Larger sizes are acceptable for headings or subheadings.

Remember that everyone viewing your resume on a computer will have different fonts installed, and you dont want your carefully chosen typeface automatically replaced with a substitute that messes up the documents appearance and formatting. Thats why its a good idea to Essay Hot Air Balloons Principle always save and send your resume as a PDF, which preserves the original appearance (unlike a MS Word document). Do you have a favorite (or least favorite) font for resumes? Share in the comments below. Bring great design to your entire workplace. Example! Janie is Essay on Balloons and Archimedes's, a freelance writer and graphic designer and the owner of morrison's supermarket Design Artistree Creative Studio. After college, she built on her background in art to explore design. and loved it. Now, she enjoys finding ways to Essay Miniature and Archimedes's of Buoyancy combine the craftsmanship of traditional fine arts with the digital possibilities of graphic design. Build Your Brand: How to Choose The Right Fonts.

60 Free Sans Serif Fonts to Give Your Designs a Modern . 60 Free Serif Fonts to Give Your Designs a Traditional . 60 Free Calligraphy Fonts to Bring Charm to Your Design. 60 Free Outline Icon Sets Perfect for Contemporary Desi. 60 Free Fonts for define of 1763 Minimalist Designs. 50 Free Headline Fonts Built For Impact And Audience En. 50 Beautiful Free Wallpapers For Creatives [2015 Editio. 50 Design Terms Explained Simply For Non-Designers. The 30 Best Free Social Media Icon Sets of 2015. 100 Brilliant Color Combinations and How to Apply Them . Free Icons: 49 Best Sites To Find Beautiful And Useful . 60 Awesome Free Tools To Create A Visual Marketing Camp. Free Stock Photos: 73 Best Sites To Find Awesome Free I. You're almost there!

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