Examlex
Requiring higher capital ratios often is proposed as method to reduce the incentive to take excessive risk because the moral-hazard risk-taking incentives are thought to decrease as the amount of net worth increases.
Second-order Cybernetics
An advanced perspective in cybernetics that includes the observer within the system being observed, emphasizing context and interaction.
First-order Cybernetics
A theory that examines systems and their self-regulating processes through feedback loops, without considering the observer's impact.
Integration
The process of combining or assimilating different parts, such as therapeutic techniques or theories, into a cohesive whole.
Theory
A systematic set of ideas that explains phenomena or relationships, often based on principles and evidence.
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