Messrs Dimson, Marsh and Staunton then tested this finding in a different way, using a share-trading rule based explicitly on economic growth.
The judge declined to invalidate the soda rule based on those precedents, since a key prong of the analysis is whether the rule required expertise to be drafted.
FORBES: Judge To Bloomberg: It's A Democracy, Not A Dictatorship
The report suggests a rule based on the growth of the overall economy, which is similar to a proposal being developed in the United States by Senator Corker of Tennessee.
FORBES: Stunning Revelation: ECB Says Smaller Government More Efficient
The predictability and rule-based nature of a currency board are two of its biggest advantages.
The first, the explicit system, is rule-based, can be expressed verbally, and is tied to conscious awareness.
FORBES: Mind Hacks: How Innovators Really Arrive At Their Big Ideas
The fundamental changes taking place in government policies are aimed at a truly transparent and rule-based system of regulation.
Second, the impersonal, rule-based nature of the discount-granting process is more pleasant for both the customer and the store clerk.
More generally, the rich world is not offering developing countries a model of how to implement a rule-based international trading system.
The Federal Reserve was obliging rule-based behavior that probably included making the price of gold a primary determinant in monetary policy.
These economists advocate a rule-based canned goods policy in which the Fred imports the same number of cans of food each week.
Computers, which can cope with simple rule-based jobs, find it far harder to diagnose a sick patient or design a new aircraft.
We must also work to protect and develop the tremendous potential of critical areas such as the high seas, space, and cyberspace, ensuring their use is responsible and rule-based.
It is a simple rule, based on an ethical principle, which allowed a company to view the decision as either black or white when others saw a debatable gray.
Stabilizing the dollar-euro exchange rate can only be achieved within a rule-based monetary regime, not by relying on "independent" central banks and finance ministers to coordinate monetary policy to do it.
The commenters claim, however, that in reality the heavily rule-based structure has entrenched Wikipedia in bureaucracy that makes it difficult for any user to break through as an editor or administrator.
Its foundation is a healthy respect for property rights and a constitutional-based rule of law.
FORBES: Why A Cyprus-Like Seizure Of Your Money Could Happen Here
If margin rule changes for a minor commodity can trigger a general price run, imagine what would happen if a series of broad based rule changes were implemented.
In many ways, religion itself is an exception to the rule that chapter-based voluntary associations are in decline.
But even if the 8% rule is no longer based on sound economics, it clearly still carries a lot of weight with government officials.
Yet the U.S.--or any other nation based on the rule of law--cannot condone illegality just because it brings about tangible economic benefits.
Our country is based upon the rule of law.
CNN: Thompson's October 19, 2007, speech to Value Voters Summit
While particle-physics colliders and space-based observatories could rule out some of the more exotic versions of each, no one has been able to suggest a way to decide between them in general.
Or they could forge a middle ground, and establish a rule that if win-based incentives exceed a certain percentage of the total bonus package, the school is subject to various sanctions already imposed by the NCAA, including but not limited to loss of scholarships or bowl games participation.
FORBES: The Jimbo Fisher Contract Is Exhibit A For Student-Athlete Hypocrisy
The other would change the six-month rule to a more flexible standard based on the patient's condition.
In a world where your primary output is words, it is easy to imagine a smoothly operating process based on really smart rule-making.
We should all feel entitled to live in a nation based on fairness, rule of law, and run by and for the people.
FORBES: Wall Street Has Been Entitled, NOT Occupy Wall Street
Why make fans stay up until two or three in the morning and restrict the number of debut-night showings, studio executives reasoned, based on an arbitrary rule?
The point is not to rule out getting a better deal, based on assumptions about your credit score.
FORBES: Credit Scores Often Unreliable, Warns Consumer Financial Protection Bureau
Games in other sports are not changed the next day based on not recognizing a rule that was broken.
FORBES: Tiger Woods' Penalty Should Have Been Assessed On The Spot Or Not At All
Nevertheless, the laws are a poor way to start building a society in Northern Ireland based on respect for the rule of law.
应用推荐