Professor Shefrin calls this anchoring to a reference point.
The Hagiwara benchmark was used as a reference point for the deformation.
As a result, traditional risk stratification models usually overestimate mortality among pregnant women, which may hinder analysis of the performance of care provided and interpretation of morbidity and mortality outcomes [ 3]. "Benchmarking" may be understood as a reference point against which comparisons can be made, regarding the performance between facilities and/or best practice.
An index, sector, or peer group benchmark is a reference point against which trading/investment system's performance measurements can be made.
An execution benchmark is also a reference point, usually VWAP or an implementation shortfall, or pretreated against which trade execution performance measurements can be made.
Through analysis of OECD archives, we extract the reasons why OECD changed its role in the absence of a reference point against which to benchmark national situations.
If disposition investors use the PP as a reference point, which is a more mental-accounting driven (internal) benchmark, they die hard in all market settings.
First speeches are a benchmark, a permanent record of a politicians' starting-line ideals and aspirations, words that will be used as a reference point for the rest of their careers.
The recommended properties and their uncertainties provide a reference point for incorporating uncertainty in modeling to understand its impacts and for code benchmarking and validation.
Alternatively, a reference point for the classification of toxicity may be calculated by procedures similar to those used for the benchmark dose approach in vivo.
Accordingly, the aims of this service evaluation were to 1) review timing of ICU admission processes for patients identified by RRS, 2) design a simple benchmarking tool for this process, 3) establish whether the tool can be successfully applied to different RRS approaches, 4) determine the factors which can predict variation in STDT, and 5) suggest a reference point for the timeliness of RRS.
