Search results
Results from the WOW.Com Content Network
Positive economics as such avoids economic value judgments. For example, a positive economic theory might describe how money supply growth affects inflation, but it does not provide any instruction on what policy ought to be followed. An example of a normative economic statement is as follows:
The positive predictive value (PPV), or precision, is defined as = + = where a "true positive" is the event that the test makes a positive prediction, and the subject has a positive result under the gold standard, and a "false positive" is the event that the test makes a positive prediction, and the subject has a negative result under the gold standard.
The false positive rate (FPR) is the proportion of all negatives that still yield positive test outcomes, i.e., the conditional probability of a positive test result given an event that was not present. The false positive rate is equal to the significance level. The specificity of the test is equal to 1 minus the false positive rate.
SWOT analysis of Netflix. Strengths – Netflix is a leader in streaming content with more than 300 million global subscribers. The company has proven its ability to raise prices over time, aided ...
So, for example, a positive economic analysis of tort law would predict the effects of a strict liability rule as opposed to the effects of a negligence rule. Positive law and economics has also at times purported to explain the development of legal rules, for example the common law of torts, in terms of their economic efficiency.
There are many varieties of positive and negative effects of criticism. This article describes common types that occur regularly in everyday life. For other criteria that classify criticisms, see Criticism § Classifications. For more subject-specific information, see the pages on topics such as art, film, literature, theatre, or architecture.
Positive accounting emerged with empirical studies that proliferated in accounting in the late 1960s. It was organized as an academic school of thought of discipline by the work of Ross Watts and Jerold Zimmerman (in 1978 and 1986) at the William E. Simon School of Business Administration at the University of Rochester, and by the founding of the Journal of Accounting and Economics in 1979.
The participants seemed to test only positive examples—triples that obeyed their hypothesized rule. For example, if they thought the rule was, "Each number is two greater than its predecessor," they would offer a triple that fitted (confirmed) this rule, such as (11,13,15) rather than a triple that violated (falsified) it, such as (11,12,19 ...