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Opportunism is the conscious policy and practice of taking advantage of circumstances. [1]Although in many societies opportunism often has a strong negative moral connotation, it may also be defined more neutrally as putting self-interest before other interests when there is an opportunity to do so, or flexibly adapting to changing circumstances to maximize self-interest (though usually in a ...
Dysregulation. Valence. Emotions. v. t. e. Schadenfreude ( / ˈʃɑːdənfrɔɪdə /; German: [ˈʃaːdn̩ˌfʁɔʏ̯də] ⓘ; lit. "harm-joy") is the experience of pleasure, joy, or self-satisfaction that comes from learning of or witnessing the troubles, failures, pain, suffering, or humiliation of another. It is a borrowed word from German ...
The Matthew effect may largely be explained by preferential attachment, whereby wealth or credit is distributed among individuals according to how much they already have. This has the net effect of making it increasingly difficult for low ranked individuals to increase their totals because they have fewer resources to risk over time, and ...
Characteristics. Kleptocracies are generally associated with dictatorships, oligarchies, military juntas, or other forms of autocratic and nepotist governments in which external oversight is impossible or does not exist. [dubious – discuss][citation needed] They can also be found in liberal democracies with crony capitalism. [citation needed]
Perspective-taking. Perspective-taking is the act of perceiving a situation or understanding a concept from an alternative point of view, such as that of another individual. [1] A vast amount of scientific literature suggests that perspective-taking is crucial to human development [2] and that it may lead to a variety of beneficial outcomes.
Bullying is the use of force, coercion, hurtful teasing or threat, to abuse, aggressively dominate or intimidate. The behavior is often repeated and habitual. One essential prerequisite is the perception (by the bully or by others) of an imbalance of physical or social power.
Arbitrage. In economics and finance, arbitrage ( / ˈɑːrbɪtrɑːʒ /, UK also /- trɪdʒ /) is the practice of taking advantage of a difference in prices in two or more markets – striking a combination of matching deals to capitalize on the difference, the profit being the difference between the market prices at which the unit is traded.
An entrepreneur ( French: [ɑ̃tʁəpʁənœʁ]) is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. [ 1] The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services ...