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A Ponzi scheme is a good example of a positive-feedback system: funds from new investors are used to pay out unusually high returns, which in turn attract more new investors, causing rapid growth toward collapse. W. Brian Arthur has also studied and written on positive feedback in the economy (e.g. W. Brian Arthur, 1990).
360-degree feedback. 360-degree feedback (also known as multi-rater feedback, multi source feedback, or multi source assessment) is a process through which feedback from an employee's subordinates, peers, colleagues, and supervisor (s), as well as a self-evaluation by the employee themselves is gathered. Such feedback can also include, when ...
Collapse: How Societies Choose to Fail or Succeed (titled Collapse: How Societies Choose to Fail or Survive for the British edition) is a 2005 book by academic and popular science author Jared Diamond, in which the author first defines collapse: "a drastic decrease in human population size and/or political/economic/social complexity, over a considerable area, for an extended time."
Great Filter. The Great Filter is the idea that, in the development of life from the earliest stages of abiogenesis to reaching the highest levels of development on the Kardashev scale, there is a barrier to development that makes detectable extraterrestrial life exceedingly rare. [1] [2] The Great Filter is one possible resolution of the Fermi ...
Review bomb. A review bomb is an Internet phenomenon in which a large number of people or a few people with multiple accounts [1] post negative user reviews online in an attempt to harm the sales or popularity of a product, a service, or a business. [2] While a large number of negative reviews may simply be the result of a large number of ...
A Vision Critical/Angus Reid Public Opinion poll taken on February 18–19, 2011, asked 1,010 respondents about 11 former presidents plus the current president and whether each was a good or bad president. John F. Kennedy (80% approval/6% disapproval) Ronald Reagan (72% approval/16% disapproval) Bill Clinton (65% approval/24% disapproval)
A customer review is an evaluation of a product or service made by someone who has purchased and used, or had experience with, a product or service. Customer reviews are a form of customer feedback on electronic commerce and online shopping sites. There are also dedicated review sites, some of which use customer reviews as well as or instead of ...
Peer review is the evaluation of work by one or more people with similar competencies as the producers of the work . It functions as a form of self-regulation by qualified members of a profession within the relevant field. Peer review methods are used to maintain quality standards, improve performance, and provide credibility.