Despite our experimental paradigm producing marked expectation, no increase in dopamine levels in any striatal region was detected.
Turning to the outlook for Reed Elsevier's business supplying legal information - which on Execution's estimates generates 30% of operating profit for the group - Salati is just as downbeat: "Our quarterly survey of large law firms' librarians shows a marked worsening in expectations: the information budget is now expected to drop by 12% in 2009.
Over the past decade there has been a marked shift in employees' expectations with which some companies seem to struggle.
The marked rise in inflation expectations is potentially significant as under the forward guidance scheme that the Bank of England has adopted, a de-anchoring of medium-term inflation expectations is one of the three "knockout" criteria that the bank has set out that could potentially cause it to raise interest rates before the unemployment rate gets down to 7.0%.
"The marked decline in the expectation balance provides a first warning signal that business sentiment might be more strongly affected in the coming months if these adverse developments were sustained for much longer," Barclays analysts said in a note.
This would not be a catastrophe, but it would be a marked deterioration from present official expectations.
And disquiet is most marked in those sections whose expectations are the highest, such as the urban, educated middle classes and skilled workers in the more sophisticated industries.
But this healthy picture remains dangerously reliant on China, which last year confounded expectations of a marked slowdown: around half of global growth originated from the Middle Kingdom in 2013.
Yet this depiction of the electorate as greedy, unprincipled, opportunistic, and, above all, incapable of grasping the costs (both economic and political) of their unrealistic expectations stands in marked contrast to the empirical evidence.
A total of seven pairs of parameter estimates and (modified) standard errors conform to expectations – these are marked in bold in Table 7.
Friday was strong on the economic front, as nonfarm payrolls shed just 20,000 jobs in April, well below expectations and a marked improvement from an 81,000-job fall in March.
