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In international relations, credibility is the perceived likelihood that a leader or a state follows through on threats and promises that have been made. [1] Credibility is a key component of coercion (i.e. compellence and deterrence ), as well as the functioning of military alliances . [ 2 ]
In a review of the credibility thesis, Delilah Griswold contended that "credibility is a powerful metric by which to understand and evaluate tenure systems. Importantly, understanding the credibility of a given institution requires analysis outside of theory and politics, analysis that is locally and temporally specific and multilayered."
Studies driving the credibility revolution have made use of better quality data, and also econometric techniques such as difference in differences, instrumental variables, regression discontinuity, natural experiments, and even, when funding and opportunity permit, true randomized experiments. These techniques have made it possible (in ...
Credibility dates back to Aristotle's theory of Rhetoric.Aristotle defines rhetoric as the ability to see what is possibly persuasive in every situation. He divided the means of persuasion into three categories, namely Ethos (the source's credibility), Pathos (the emotional or motivational appeals), and Logos (the logic used to support a claim), which he believed have the capacity to influence ...
History [ edit ] Although the idea of high politics has been present in all cultures and epochs, Thomas Hobbes was the first to enunciate that survival (of trade , the laws , societal order) hinges upon a finite number of ingredients; these ingredients were embodied and provided by the state.
S&P 500 Shiller CAPE Ratio data by YCharts.. As of the closing bell on Nov. 25, the S&P 500's Shiller P/E reached 38.20, which is or more less a high reading for the current bull market, and more ...
Donald Trump’s return to power is a hinge point for the American media – in ways big, small, and to be determined. His defeat of Kamala Harris is raising questions about the media’s ...
The Market Revolution in the 19th century United States is a historical model that describes how the United States became a modern market-based economy.During the mid 19th century, technological innovation allowed for increased output, demographic expansion and access to global factor markets for labor, goods and capital.