Irrational consumption: more is more 'More is more.' Consumers tend to associate 'more' -- as in more volume, larger amounts of a product, and even simply bigger products -- with greater value. Companies have capitalized upon this by using super-siz Continue Reading...
As banks faltered and default rates rose, rates of consumption and demand plummeted. Unemployment began to increase, and in a predictable Keynesian fashion, as individuals grew more insecure about their job prospects they began to spend less money. Continue Reading...
Surviving the Irrational World: the "Fight or Flight" Instinct in Angela's Ashes and Catch-22 Both Angela's Ashes by Frank McCourt and Catch-22 by Joseph Heller are novels set during the time of WWII. Both authors use satire to examine a world that Continue Reading...
Vroom-Yetton Decision Making1At my firm, management had to make the decision about whether to increase production or not. Their decision-making style was autocratic, meaning that they alone made the decision without consulting with others or taking g Continue Reading...
Of course, Spears is still very young, and may face numerous future changes. However, at this time, she appears to have found some stability. Cognitive While Spears spent much of her early life in the public spotlight, it is actually difficult to Continue Reading...
It is worth considering that there may be underlying economic reasons for social standing -- at least when Veblen's argument is viewed from the present. Social standing can be a means to economic opportunity. The better one's standing, the more opp Continue Reading...
Individuals have become estranged from their true nature and their true self, which is contradictory to the getting and spending. The tone is pessimistic and somber, with the poet implying that this is not a trend that can be reversed at any time i Continue Reading...
Reflection A reflection on the case shows me that ethical and moral guidelines must be instilled in pharmacy as a profession. It is therefore necessary for the pharmacies to collaborate with other key stakeholders in ensuring that proper guideline Continue Reading...
Keynesian Theory Neoclassical economists are naturally more reluctant than Keynesians to concede that capitalism as a system might be dysfunctional or that markets might be irrational and inefficient, leading to cycles of boom and bust, mass poverty Continue Reading...
While feminists often militate for environmental conservation, one particular stance they take in this direction is that of addressing the issue of gender differences in environmental issues. The feminist approach to environmentalism promotes a sup Continue Reading...
Drinking in Australia Skeleton Brief Trends in Underage Drinking As children age the risk of alcohol use increases dramatically and by 16-years of age most have consumed alcohol within the last 30 days (Figure 1; Rowland et al., 2014). Percentag Continue Reading...
These factors mean that the old economic theories are not always working properly and are not always properly adapted to the current globalization conditions. Following from this, as more importance is weighted towards behavioural economics, the ol Continue Reading...
Rent vs. Own Housing serves as a shelter for all the people and their family, satisfying their main physical need and holding the equipment people need for their daily routines. Although the necessity of having a housing unit is clear, owning a hous Continue Reading...
Offshore Wind Energy Wind Energy (Facts and Features, Usage, Future Prospects, Strengths and Weaknesses, Recommendations) It is an undeniable fact that human activity needs energy as a basic requirement. Energy input is a fundamental need for tran Continue Reading...
Alcohol Prohibition from 1920 to 1933 did not work. There are many parallels from this failed effort and the current laws prohibiting drugs in the United States. Alcohol prohibition was undertaken to reduce crime and corruption, solve social problems Continue Reading...
" This involves coming up with a list of the consequences of reacting to an event (Budman, 1992). This means that they describe what emotions the activating event made them feel. The principles facilitate being rational because they shift focus from Continue Reading...
Some governments are terrified of their people: The military government that is running Burma (the junta calls the country Myanmar: Many of those who oppose the brutality of the regime refer to the nation by its former name of Burma) murders Buddhis Continue Reading...
The 1980s (the period when Ronald Reagan was the U.S. President) witnessed a series of government measures targeting environmental regulations. This resulted in public outrage against the anti-environmental policies of the government leading to a re Continue Reading...
Loans needed to buy the equipment and seeds create indebtedness to Western banks. Western professionals are needed to intervene and to manage. The productivity of monocrops (e.g., rice or maize) undermines other native crops. Routledge writes, "The Continue Reading...
Question 3: In some regards, the idea of 'culture' is highly mutable and subject to widespread variations in characterization. Quite in fact, the concept of culture is highly implicated in the weaponzation of words that may be used by one nation t Continue Reading...
In its current form in the U.S., prostitution is associated with high rates of criminality, but that is likely a function of its illegal status more than of anything inherent in prostitution. Prostitution is also associated with high risks of STDs, Continue Reading...
A b) Consider the articles on behavioral economics at http://myweb.liu.edu/~uroy/eco54/histlist/behav-econ/index.html. Summarizethe main thrust of some of these articles. Based on these articles, what's your opinion of behavioral economics? Do you Continue Reading...
Racism The discussion of racism was indeed insightful and one of the discussion points raised was whether or not racism would always exist in society -- in some shape or form. This is indeed an intriguing idea, because looking back on world history, Continue Reading...
Alcoholism in Adolescence Significance of the health issue of alcoholism Everything is good in moderation, and, indeed, studies show that low-levels of alcohol consumption (such as 1-2 drinks per day (Sellman et al., 2009) may prove beneficial to d Continue Reading...
Customer Roles At least three customer roles are needed for a marketplace transaction: (Ibid) 1. Buying, choosing a particular product or service; 2. Closing sale by paying for product or service; 3. Consuming or using product or service. Subs Continue Reading...
Theories The Uganda bananas case is about the regulatory and political issues surrounding genetically-modified crops. The case is written from the perspective of a scientist who has developed a banana that is resistant to a particular Black Sigatok Continue Reading...
Lorax Probably the most ideological and political children's stories of Theodore Seuss Geisel (Dr. Seuss), The Lorax is a story of industrial capitalism gone insane until it destroys the entire natural environment. In fact, capitalism as symbolized Continue Reading...
With the advantage of Afghanistan, the U.S. And Allies will be geographically positioned against Iran, Pakistan, and negative forces in the Southwest Asia and in the Middle East. U.S. And Allied Objectives in Afghanistan The first objective for U Continue Reading...
Decriminalization of Marijuana The recent war against drugs in United States is causing much debate and discussion. In many cases the apparent result is a defeat for United States. Marijuana is known to be probably the drug that is used in maximum n Continue Reading...
Pandemic Flu Apart from the seasonal influenza epidemics caused by antigenic drifts, a significant change in the virus's virulence through antigenic shifts has been a major source of concern for healthcare professionals. These new strains may reach Continue Reading...
Hegemony Affects Men and Women Differently in an Online University Environment The caliber of colleges and universities differ from institution to institution as well as from country to country. I have been to some in countries other than the U.S.A Continue Reading...
1073). Brocklesby advocates 'Soft OR' approaches such as Multi-Criteria Decision Analysis, Data Envelope Analysis, Cognitive Mapping, Soft Systems Methodology and the Theory of Constraints to allow for "conflicting objectives and multiple subjectivi Continue Reading...
Food Describe cannibalism as a system among the Wari according to Beth Conklin. What are their practices and beliefs? What are their motivations? How do they fit and not fit into the major world patterns identified for anthropophagy by anthropologie Continue Reading...
Tax Liability A preview of capital structure issues In regards to the overall business environment, capital structure has profound implications of the business, irrespective of its industry. For one, a firm's capital structure is then the compositi Continue Reading...
lower the minimum drinking age. Alcohol is something that damages people's body and their social personality as well. The drink if taken in excess has been adverse effects and increase is the risk of assault and crime. Alcohol is directly linked to Continue Reading...
Legislating Morality The ideas of Thomas Hobbes, the influential English philosopher who lived in the late 1500s to middle 1600s, are still considered important today. Hobbes is best remembered for his ideas on political philosophy. While Hobbes thr Continue Reading...
Rising Suicide Rates for South Korea | Public Health Issues A Socio-cultural Perspective on Rising Suicide Rate for South Koreans Suicide is an overarching social concern that affects all age groups. In recent years, there has been growing concern Continue Reading...
Stern, 1999)." The continued existence and development of these disparities have made a mockery of international institutions as they have failed to assist the developing nations to implementing their national goals and interests. One does not need Continue Reading...
Crime As Schmalleger explains, the American juvenile-justice system was designed a century ago to reform kids found guilty of minor crimes, but more and more, the system has to cope with more violent crimes committed by younger people. The response Continue Reading...
The only thing that is missing is the freedom to make that choice, the freedom to do it without pain or sacrifice. But freedom always comes with a price, especially for women. In the process of gaining her choice, Ada loses a finger, loses her piano Continue Reading...
