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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
1

Investment decisions in the South African saddle horse industry / Johannes Hendrik Dreyer

Dreyer, Johannes Hendrik January 2014 (has links)
This study originated in the phenomenon that has been observed in the South African Saddle Horse Industry of substantial investments being made over time in the absence of obvious financial or economic reward. A literature study confirmed that, internationally, investment without obvious financial and economic rewards is not unknown and at the same time it was obvious that it is a rarely studied subject. From the literature study it was also evident that this phenomenon occurs where passion and, to a lesser extent, commitment is involved. Economic models on decision making is lacking in perspective on the influence of emotions which were proven to be substantial in an emotionally-laden market, such as the South African Saddle Horse industry. Consumption theory in marketing describes consumption decisions where the consumer is so influenced by emotions that rational influences barely come into play. It is in this context that the study seeks to qualify the investment decisions in the South African Saddle Horse industry by the adaption of consumption theory to investment theory. Research on the indicated strategic phenomenon fits within the critical realism paradigm and is essentially inductive, theory building research. In this case, the adaption of consumer theory as investment theory. Qualifying the influence of emotions in the investment decision – the “why” and “how” questions about a contemporary set of events, over which the researcher has no control – indicates case study as the applicable method of research. In this research, the case study theory is built by generalising case data to prior theory seeking replication or theoretical replication. With prior theory embracing the mentioned consumer theory and case selection dictated by the information, a case study can assist to identify the motivators of the investment decision. Once qualified, the influence of emotions on the investment decision in the mentioned strategic phenomenon can be quantified. Quantifying the influence of emotions on the investment decision leaves two alternatives, the first of which is developing a data set in a statistical survey. However, neuroeconomic findings indicate that opportunity cost comparisons for decisions are supported by our emotional circuitry that is commonly below our conscious awareness. This finding has the direct implication that opportunity cost questions in retrospect do not yield reliable information. The second alternative would be to use dependable historic investment decision data series, such as auction prices. But in the South African Saddle Horse industry, only African Saddle Horse Futurity (ASF) offers any usable investment decision data series, with the AACup being the mother competition in the USA, offering a compatible data series but much more complete and evolved. Therefore, in quantifying the influence of emotions on investment decisions, ASF data and extended AACup auction data is used in an Ordinary Least Squares regression (OLS) analysis and for further calculations. In the literature study it was evident that emotions will be a major influence in investment decisions in the horse industry. This was confirmed by the multiple case study, proving applicability of consumption theory to the investment decision in the South African Saddle Horse industry. The OLS analysis rendered the magnitude of influence of emotions on the investment decision as both prohibitive and irregular on the theoretical determinants of the investment decisions. In all the research done, emotions were unanimously proven to be the determining influence on the investment decision in the South African Saddle Horse industry. But in a free market system where price equates demand and supply, the confirmed influence of emotions in the establishment of price hampers the effective distribution of scarce production resources. In this, the influence of emotions results in a cost to the industry. By manipulating the data set used in the dissertation, an indication of the historic cost of the influence of emotions in the investment decision at the ASF and AACup competitions became apparent. Also, the influence of emotions can be equally crucial in, for example, exploiting economic growth potential. For example, the Saddle Horse industry is a world-wide multimillion dollar industry, with coincidently proven and strong connections with good growth potential to South Africa’s rural areas. These connections contain sustainable development potential to improve the quality of life for many people living in these rural areas. But in order to successfully exploit this potential, more information on emotions as an economic variable is needed in stimulating the industry. In accordance with the incidence of emotions as an influence in decision making, evident in literature and this research, this argument for more information is extendable to numerous other emotionally influenced markets. Therefore, in order to improve reliability of predictions on economic investment and also economic growth, emotions as an influence have to be accounted for. / MSc (Agric), North-West University, Potchefstroom Campus, 2015
2

Investment decisions in the South African saddle horse industry / Johannes Hendrik Dreyer

Dreyer, Johannes Hendrik January 2014 (has links)
This study originated in the phenomenon that has been observed in the South African Saddle Horse Industry of substantial investments being made over time in the absence of obvious financial or economic reward. A literature study confirmed that, internationally, investment without obvious financial and economic rewards is not unknown and at the same time it was obvious that it is a rarely studied subject. From the literature study it was also evident that this phenomenon occurs where passion and, to a lesser extent, commitment is involved. Economic models on decision making is lacking in perspective on the influence of emotions which were proven to be substantial in an emotionally-laden market, such as the South African Saddle Horse industry. Consumption theory in marketing describes consumption decisions where the consumer is so influenced by emotions that rational influences barely come into play. It is in this context that the study seeks to qualify the investment decisions in the South African Saddle Horse industry by the adaption of consumption theory to investment theory. Research on the indicated strategic phenomenon fits within the critical realism paradigm and is essentially inductive, theory building research. In this case, the adaption of consumer theory as investment theory. Qualifying the influence of emotions in the investment decision – the “why” and “how” questions about a contemporary set of events, over which the researcher has no control – indicates case study as the applicable method of research. In this research, the case study theory is built by generalising case data to prior theory seeking replication or theoretical replication. With prior theory embracing the mentioned consumer theory and case selection dictated by the information, a case study can assist to identify the motivators of the investment decision. Once qualified, the influence of emotions on the investment decision in the mentioned strategic phenomenon can be quantified. Quantifying the influence of emotions on the investment decision leaves two alternatives, the first of which is developing a data set in a statistical survey. However, neuroeconomic findings indicate that opportunity cost comparisons for decisions are supported by our emotional circuitry that is commonly below our conscious awareness. This finding has the direct implication that opportunity cost questions in retrospect do not yield reliable information. The second alternative would be to use dependable historic investment decision data series, such as auction prices. But in the South African Saddle Horse industry, only African Saddle Horse Futurity (ASF) offers any usable investment decision data series, with the AACup being the mother competition in the USA, offering a compatible data series but much more complete and evolved. Therefore, in quantifying the influence of emotions on investment decisions, ASF data and extended AACup auction data is used in an Ordinary Least Squares regression (OLS) analysis and for further calculations. In the literature study it was evident that emotions will be a major influence in investment decisions in the horse industry. This was confirmed by the multiple case study, proving applicability of consumption theory to the investment decision in the South African Saddle Horse industry. The OLS analysis rendered the magnitude of influence of emotions on the investment decision as both prohibitive and irregular on the theoretical determinants of the investment decisions. In all the research done, emotions were unanimously proven to be the determining influence on the investment decision in the South African Saddle Horse industry. But in a free market system where price equates demand and supply, the confirmed influence of emotions in the establishment of price hampers the effective distribution of scarce production resources. In this, the influence of emotions results in a cost to the industry. By manipulating the data set used in the dissertation, an indication of the historic cost of the influence of emotions in the investment decision at the ASF and AACup competitions became apparent. Also, the influence of emotions can be equally crucial in, for example, exploiting economic growth potential. For example, the Saddle Horse industry is a world-wide multimillion dollar industry, with coincidently proven and strong connections with good growth potential to South Africa’s rural areas. These connections contain sustainable development potential to improve the quality of life for many people living in these rural areas. But in order to successfully exploit this potential, more information on emotions as an economic variable is needed in stimulating the industry. In accordance with the incidence of emotions as an influence in decision making, evident in literature and this research, this argument for more information is extendable to numerous other emotionally influenced markets. Therefore, in order to improve reliability of predictions on economic investment and also economic growth, emotions as an influence have to be accounted for. / MSc (Agric), North-West University, Potchefstroom Campus, 2015
3

Kronisk smärta och psykisk påverkan. En litteraturstudie om hur den psykiska hälsan påverkas vid kronisk smärta

Körner, Linda, Dahl, Rebecka January 2010 (has links)
Kronisk smärta drabbar många personer och kostar samhället stora summor pengar varje år. Det är inte bara den kroniska smärtans inskränkningar i den drabbades rörelseapparat, utan också dess påverkan på den psykiska hälsan. Syftet med detta arbete är att utreda på vilket sätt den psykiska hälsan påverkas hos personer med kronisk smärta. Metoden som använts är litteraturbaserade studier med kvalitativa artiklar och bygger på Granskär & Höglund–Nielsen (2008). Resultatet har baserats på nio stycken artiklar och en review som visar att personer med kronisk smärta ofta har någon form av psykisk påverkan orsakad av sin smärta. Det visar även att det finns en känsla av förändrad personlighet, en ökad isolering från andra människor samt en stor frustration över att inte veta exakt vad det är som orsakar smärtan. Även ovetskapen om hur smärtan kommer att utvecklas i framtiden har en negativ påverkan på den psykiska hälsan.Kronisk smärta förekommer i många av sjuksköterskans verksamhetsområden vilket gör ämnet angeläget att fortsätta utforska. / Chronic pain affects a lot of people and costs society a great amount of money each year. It’s not only the restriction of chronic pain as a disability but also the psychological impact. The aim of this study is to examine in how the mental status is effected by chronic pain. The method is a literature review based on Granskär & Höglund-Nielsen (2008). The result is based on nine articles and one review which showed that people with chronic pain often have some kind of psychological influence caused by the pain. It also shows a sense of changed personality and an increased isolation from other people. Not knowing what causes the pain and not knowing how it will develop in the future also has a negative impact on the mental health.Patients with chronic pain are common in the nursing profession which makes this topic a very important field to continue exploring.

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