How well people bounce back from mistakes depends on their beliefs about learning and intelligence. For individuals with a growth mind-set, who believe intelligence develops through effort, mistakes are seen as opportunities to learn and improve. For individuals with a fixed mind-set, who believe intelligence is a stable characteristic, mistakes indicate lack of ability. We examined performance...

today, organizations need innovations in order to grow and survive. organization that can`t deliver innovative products and services to market continually, would be doomed to failure. but key of innovation is in the innovative behavior of employees. various factors affect the innovative behavior of the employees. work engagement of employees is one of the factors which can affect this behavior....

road users such as drivers, motorists, motorcycle riders, bike riders and pedestrians play an important role in traffic safety. most accidents can be prevented by accurate and regulated driving based on the traffic laws and regulation. in fact by recognizing the errors made by violated drivers we are able to find the appropriate lawful solution for them and to avoid repeating violations made by...

Most upper-management and sales force personnel, as well as workers in many other jobs, are paid based on performance, which is widely perceived as motivating effort and enhancing productivity relative to non-contingent pay schemes. However, psychological research suggests that excessive rewards can in some cases produce supra-optimal motivation, resulting in a decline in performance. To test w...

The identical agent, identical good Bertrand game is associated with prices at marginal cost the Bertrand Paradox. If consumers make occasional mistakes I show that the standard Bertrand game gives rise to positive profits and prices above marginal cost. Some firms charge low prices to capture the bulk of the sales while others charge high prices selling to mistaken consumers. Furthermore, with...

Clinical negligence claims are a rich source of risk management material. Although medical practice varies to some extent around the globe, familiar themes can be identified from the cases reported to the Medical Protection Society’s (MPS) Claims Committee. Case reports inevitably focus on the lessons that can be learnt and so tend to be reports where the errors in management are unequivocal. H...

Junior doctors commonly make mistakes which may compromise patient safety. Despite the recent push by the NHS to encourage a "no blame" culture, mistakes are still viewed as shameful, embarrassing and demoralising events. The current model for learning from mistakes means that junior doctors only learn from their own errors. A survey was designed by the author for all the Foundation Year 1 doct...

Stochastic stability is applied to the problem of exchange. We analyze the stochastic stability of two dynamic trading processes in a simple housing market. In both models traders meet in pairs at random and exchange their houses when trade is mutually beneficial, but occasionally they make mistakes. The models differ in the probability of mistakes. When all mistakes are equally likely, the set...