Dialog

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  Utility Function (by von Neumann-Morgenstern) – an Instrument for Solution under Uncertainty and Crises

  This paper presents the possibility of using Von Neumann–Morgenstern utility function as a tool for choosing an alternative way for dealing with crisis in organizations operating in uncertain environment.... This paper presents the possibility of using Von Neumann–Morgenstern utility function as a tool for choosing an alternative way for dealing with crisis in organizations operating in uncertain environment.

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  Theoretical Foundations of Logistics. 3. Terminology of Logistics

  The study is a linguistic investigation of the terms of the logistics. The most interesting and the most important terms are chosen from the above-mentioned branch and on the basis of their analysis a comparatively detailed characteristic is presented of the logistical terminology. Some basic problems treats in the first part, connected with the ... The study is a linguistic investigation of the terms of the logistics. The most interesting and the most important terms are chosen from the above-mentioned branch and on the basis of their analysis a comparatively detailed characteristic is presented of the logistical terminology. Some basic problems treats in the first part, connected with the notion “term”. A structural characteristic is done of the logistic terms. Is treats the term formation in logistic. It is done in the three different ways: lexico-morphological, lexico-syntactical and lexico-semantical. Is done the analysis in the formation the terms of the logistic. The last part treats the problems of the logistical terminological system.

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  Human Action, Part Four, Chapter XIX. Interest

  It has been shown that time preference is a category inherent in every human action. Time preference manifests itself in the phenomenon of originary interest, i.e., the discount of future goods as against present goods.... It has been shown that time preference is a category inherent in every human action. Time preference manifests itself in the phenomenon of originary interest, i.e., the discount of future goods as against present goods.