Enforcement mechanism Essay Example for Free

Enforcement mechanism Essay 1). In the absence of any legally binding enforcement mechanism, individual cartel producers may find it advantageous to cheat on the agreements and engage in secret price concessions. 2). When a promisor fails to put full effort into the performance of an agreement, yet the lack of effort is not independently verifiable, this lack of effort constitutes a 3). The Herfindahl-Hirschman index is a measure of ____. 4). In long-run equilibrium, all firms in a pure competition market situation operating under a condition of certainty will have identical costs even though they may use different production and operation techniques. 5). The distinctive characteristic of an oligopolistic market structure is that there are recognizable interdependencies among the decisions of the firms. 6). The Sherman Act prohibits: 7). Buying electricity off the freewheeling grid at one quarter til the hour for delivery on the hour illustrates: 8). Effective collusion generally is more difficult as the number of oligopolistic firms involved increases. 9). In pure competition: 10). An oligopoly is characterized by: 11). The kinked demand curve model was developed to help explain: 12). The profit-maximizing monopolist, faced with a negative-sloping demand curve, will always produce: 13). Capital expenditures: 14). Which of the following public policies has (have) the effect of restricting competition: 15). The cost of capital can be thought of as the rate of return required by investors in the firms securities. 16). ____ occur whenever a third party receives or bears costs arising from an economic transaction in which the individual (or group) is not a direct participant. 17). A firm in pure competition would shut down when: 18). The expected rate of return from a share of stock consists of: 19). In the purely competitive case, marginal revenue (MR) is equal to 20). In the  short-run for a purely competitive market, a manufacturer will stop production when: 21). Patents have been defended by some on the grounds that they stimulate inventive activity. Others have argued for changes in current patent laws because: 22). A monopoly will always produce less than a purely competitive industry, ceteris paribus. 23). The practice by telephone companies of charging lower long-distance rates at night than during the day is an example of: 24). When the cross elasticity of demand between one product and all other products is low, one is generally referring to a(n) ____ situation. 25). The decision by the Municipal Transit Authority to either refurbish existing buses, buy new large buses, or to supplement the existing fleet with mini-buses is an example of: 26). Which of the following statements is (are) true concerning a pure competition situation? 27). Which of the following are not approaches to resolving the principal-agent problem: 28). If a cartel seeks to maximize profits, the market share (or quota) for each firm should be set at a level such that the ____ of all firms is identical. 29). In the electric power industry, residential customers have relatively ____ demands for electricity compared with large industrial users and generally are charged ____ rates. 30). The largest problem faced in cartel pricing agreements such as OPEC is: 31). Non-redeployable durable assets that are dependent upon unique complementary and perfectly redeployable assets to achieve substantial value-added will typically be organized as 32). Governance mechanisms are designed 33). A(n) ____ is characterized by a relatively small number of firms producing a product. 34). The antitrust laws regulate all of the following business decisions except ____. 36). In the case of pure monopoly:

Utility and Universality versus Utility and the General Good :: Economics Philosophy Essays

Utility and Universality versus Utility and the General Good ABSTRACT: The concepts of Utility and Universality form an answer to the utilitarian topology of Utility and the General Good. Starting from the realization that utility cannot be determined materially, but only formally, the very premise of utilitarian philosophy has to be abandoned. The greatest good is not the good of the greatest number, but the universal good. The concepts Utility and Universality form an answer to the utilitarian topology of Utility and the General Good. Starting from the realisation that utility cannot be determined materially, but only formally, the very premise of utilitarian philosophy has to be abandoned. The greatest good is not the good of the greatest number, the greatest good is the universal good. I will develop this thesis in the following contribution. 1. The good of the greatest number versus the universality of lack of contradiction Since ancient times the concept of utility has been the catalyst between philosophy and economics. The question of the relationship between theory and practice has a special relevance to the issue. What is the effect of theoretical understanding on the material level? Which interrelationships does philosophy desire: should there be a renunciation of material wealth, or is it as Aristotle states, that without wealth there is no contentment? What then is (economic) good? The answer often given today is to ensure that basic needs are met. For the Greek economic philosophers among whom, Socrates, Xenophon, Plato and Aristotle, provision of goods to meet basic hunger and thirst, was not the task the social thinkers were faced with. Instincts power the drive to meet the basic needs. Economics as a science has another purpose. Before a material answer can be arrived at, there has to be a rational determination of it's use. Only then can we speak of a free and self-determined action, and only then can we speak of a scientific purpose. Instead of simply fulfilling material needs, which is the purpose of all living beings, the basic purpose of economic science is to create a system by which material goods are properly divided/distributed and used. It is not a quantitative, but a qualitative goal. Science (Wissenschaft) is independent of the number of people by whom and on whom it is practised. The philosophers of antiquity compa red the good economist with the good doctor: like the doctor, the economist is only in part acting to benefit or enrich himself.

Anita Desai Essay

The main characters who struck me the most are Uma and her brother Arun; to them are dedicated the two parts of the novel. Personally I think they have a lot of things in common and I’m not only considering the fact that they belong to the same close-knit family: they are somehow subjected to a reality from which they both want to escape. Uma is the plainest character of the novel, I think: she always obeys her parents and makes everything they want her to do. This is not completely a negative point but, reading the first pages of the book, I admit that I would like to react for her to the commandments of her MamaPapa, as they are often mentioned†¦Ã¢â‚¬ Go to the cook†Ã¢â‚¬ ¦Ã¢â‚¬ Prepare the packet for your brother†Ã¢â‚¬ ¦Ã¢â‚¬ Write a letter†Ã¢â‚¬ ¦but how can she manage to do all these things together?! In my opinion Uma is also naà ¯ve, she seems to be somehow tied by a sense of duty to her parents, especially after the failure of her two arranged marriages, and what about the dowry she has squandered?! as her father reminds her. The only â€Å"pause† of her life is given by the visits of Mira-masi, a particular woman who deeply fascinates Uma for the stories she tells her: she represents a ray of hope into the life of the girl, although her parents don’t approve the complicity created between them. Arun, whose birth was really longed for, is sent to the USA where he attends the college: being the only son of the family he has the honour of receiving a good education and he has also the possibility to live far from the oppressing reality of his homeland. But his life remains very unhappy: also the family to which he lives while in America is a sort of weight for him. The second part of the novel seems to me a long digression about food, I think that the food itself is the only reason for a link between Arun and the new family, Mrs Patton in particular. I think both brother and sister are oppressed voices who want to live in peace and to escape from the world they live in, although they aren’t able to rebel against it. For this very reason I would like them to write to each other, what does not happen in the novel. Dear Arun, Maybe for the first time in my life I admit that I’m very sad but what troubles me the most is the fact that I’m not able to find a way out†¦ Our cousin Anamika is dead. Everybody here is trying to give an explanation but†¦what for, she won’t ever come back and there are no acceptable explanations for her death†¦ I absolutely can’t imagine that the urn in front of me contains her ashes†¦she is dead†¦ but I’m dead too. Her awe for the family led her towards death, but what about me? I will stay forever with MamaPapa, I can’t abandon them, they are†¦my life! When mama grips my hand I know, I feel that there is something strong between us and I can’t, I can’t leave†¦ MamaPapa is calling me†¦I have to go. I don’t know if I will ever send this letter to you: perhaps I will burn it. Uma Dear Uma, A new semester at the college is beginning and my stay with the Pattons is over. I’m happy because I can leave this strange family: it wasn’t my place, I didn’t feel comfortable with them, I felt oppressed and obliged to be part of it, maybe only because I felt sorry for Mrs Patton and I didn’t want to disappoint her. This is the reason why I gave her the presents you sent me (but please don’t reveal anything to MamaPapa!): I didn’t want her to be worried about me when I silently walked out of her life. Arun Alice Bravin 5 H Liceo Scientifico â€Å"M. Grigoletti† Pordenone Anita Desai â€Å"FASTING, FEASTING† The novel by Anita Desai appeared insipid to my eyes. If I were asked to collect all the emotions that the book has stirred in my heart, I would find myself in anguishing troubles, for I’m quite numb to it as well I am frustrated by each work of art dominated by a sense of heaviness. The characters are imbued with, or even better, they are emblems of this heaviness which reveals itself mainly in the temperament of Uma, who is the best-built character of the novel. Anita Desai succeeded in the enterprise of creating a character without personality, a woman deprived of her soul. She is the designated victim who is doomed to endure the burden of life, symbolized first of all by her parents. Uma doesn’t strike my sensibility: I don’t feel pity for her, nor would I establish a sort of sympathetic relationship with her; her ineptitude doesn’t arouse my anger, nor would I shake her out of the status of torpor she experiences. I am quite interested in one of the psychological aspects of Uma, that of repression. Uma is not free to be what she wants to be, to do what she wants to do, so she is utterly repressed in her passions, in her feelings, in her personality; this last dimension is completely neglected to her. These inner forces run inside her veins and arteries, like water permeating through the cracks of a rock and when temperatures gets colder, it becomes ice and causes the explosion of the rock. The same happens inside Uma and the implosion is disguised as a sort of disease. Convulsions, nausea which leads to vomit, suffered cries, these moments are the most involving – and at the same time disturbing – moments and situations of the novel. I would have appreciated if Anita Desai had developed this edge of the prism of Uma. Sigmund Freud stated that mental patients are like diamonds, whose structure is based on its corners. In these lines the diamond would break in case it fell on the ground. Uma is like that. Her body seems possessed by a demoniac spirit, her limbs, her bowels are rocked by the unique act of rebellion which is allowed to her. I wonder why the writer has snobbed this issue, which probably assumes a religious and philosophical value and is strictly connected to Indian culture. The heaviness that haunts the book is expressed even by the settings. Concerning this point I would like to recall the image of Uma and her aunt who leave together on a spiritual trip. The bus they catch is incredibly crowded: this episode evokes the image of mingled noises and smells within the dusty and sandy air of India. The writer enables us to appreciate each aspect of the setting – thanks to her detailed language – so that the reader manages to broaden his sensorial perceptions and is caught by the use of synaesthesia. ( The description of the believers bathing in the Gange becomes meaningful in this sense ). Before starting reading the book I thought it would be quite precious for me in order to learn more about the Indian world, even appreciating it by means of the parallel Anita Desai draws with Northern America. But I was wrong: â€Å"Fasting, feasting † doesn’t seem so representative of India: the impression I get is that of a character – Uma – who might be possibly Irish or even Italian. Westerners share the same common imagery about India and this common imagery is banal and dominated by prejudices. The book is ambiguous, in the sense that neither supports this statement, nor deny it. The same ambiguity lies in the second part of the novel – that dedicated to Arun – which takes place in the United Stated of America. Anita Desai gives us tenets and traits of the American Society coming in the story of an American family. Here there aren’t crowded busses or temples, but televisions, junk food, couches, barbecues, baseball matches and people who enjoy all these objects and events. The same dusty air is breathed by Arun when he goes back home walking on the boundaries of the street. The same atmosphere of heaviness which degenerates into disease. For these very reasons I state that Uma and her story are not so â€Å"Indian†. Moreover, I have some perplexities about the last chapter – really shorter than the first one – which doesn’t find a proper literary justification. It is a sort of appendix, even if only almost at the end of the book there’s the precise reference to the tile â€Å"Fasting, feasting† and is embodied by the bulimic girl. Alessandra Crimi 5 H Liceo Scientifico â€Å"M. Grigoletti† Pordenone Anita Desai – Fasting, Feasting Fasting, Feasting is one of the most interesting books I have ever read. Thanks to the brilliant descriptions and the elegant narration the reader has the opportunity to create an imaginary but precise setting were characters develop during the story. I think that this novel is like a mirror because it gives the opportunity to reflect, in both meanings of the word. We can reflect ourselves in the protagonists (mirror-like effect) and we can reflect, think, about the different values and importance that people from different societies give to ideals they believe in. In my opinion the rhythm of the narration is sometimes too slow, but I can understand that it is due to the fact that, once again, it mirrors the context where the story takes place. In India, in fact, there is no frenetic life, no stress, no anxiety of living and for this very reason people can pay attention to little events that we probably ignore. When the father asks for his drink, it seems to me that everyone in the family has to stop and be there for this event; when a guest arrives unexpectedly, all the attention is directed to him; even the choice of one kind of food rather than another seems to be one of the most important problems of the day. . The character of Mumdad is what emotionally touched me most, maybe because to a certain extent I can detect in them some traits my parents have. The image of Mumdad on the swing describes their indissoluble bond. Mumdad are a unique person/entity made up of two different souls. These two souls are always at unison, they never take opposite decisions, they argue but they always find a compromise, they are, in a word, complementary. I always admired this ability to build little by little a life together even if, for a child, sometimes it’s not so easy to accept their decision, or rather, their impositions. Uma is my favourite character. In some parts of the novel I felt really involved in her problems, in her thoughts and desires. She loves school even if she isn’t able to get good marks; she loves learning, she wants to try again, to spend another year at school, she’s sure she will improve. She suffers when Mumdad decide she should give up her studies. She suffers when she understands she is not as beautiful, intelligent as her sister Aruna, and so she is considered a lesser woman. Uma suffers silently, she accepts her condition of inferiority, yet she is always looking for a moment of glory that, unfortunately, never comes. She is like the most humble flower that grows up silently, that is trampled from the gardener that gave her birth, because a rose is blooming next to the humble flower and he must be there to praise the perfection and beauty of the rose. I’m not saying that I reflect myself in Uma , absolutely not, on the contrary, I’m saying that all my life I have been an Aruna, and I didn’t know about it. I’m an only child, there is no Uma in my family, but thanks to the juxtaposition of the two characters I have understood that I have always been loved and pampered and nursed and highly considered and I don’t really know if I deserve all this. This book has really been a great opportunity for me, it has made me reflect on my values and on the meaning of my â€Å"little† life: too often we don’t realise what is around us. But now I want stop talking about me. I would love to write a few lines about arranged marriages. In our Western society, marriage is generally viewed as a value strongly linked with the concept of freedom, the freedom to choose the person with whom we would like to spend all our life. We have this great opportunity and we often waste it. We are free to love a person for his peculiarities and not for his money and often people choose the partner for his richness, we get married and then we divorce and kids are treated as merchandise, we often get married for reasons that sometimes are far away from love and we claim to judge a society where parents choose a spouse for their children. I think that Western people are more contradictory than what they want to admit and perhaps less happy. Perhaps it is this very feeling that leads plenty of us to judge other cultures. DA PIEVE LUCIA 5 H Liceo scientifico â€Å"M. Grigoletti† Anita Desai â€Å"Fasting,Feasting† This is the first book by Anita Desai I have ever read. Her observations are astute whether they are on living conditions in India or USA. Anita Desai uses her words perfectly to convey exactly what she feels,but even if it could seem a contradiction,I think that the problem with the book is its dry, clinical approach in chronicling the lives of the characters, the book lacks passion. I was always on the outside, looking into the lives of people. The book offers few chances of getting involved with the characters ,in fact while reading the book I didn’t feel the compulsion of finishing it quickly. The part I liked better is the first half of the book that deals with life in a small, slow town in India, with rigid parents and well-drafted routines. The †Indian half† is more detailed than the other half which deals with the â€Å"rule-less† life in suburban USA. In the first half there is a partly successful, proud father, who goes through life, with set patterns and no passion. A mother who goes along with her husband, doing what is supposedly right and expected of her, curbing and killing all her innate desires. Three children. The eldest, Uma, clumsy . The middle daughter Aruna, pretty, ambitious and smart, but eventually also a victim of her choices. The last, a son, Arun, on whom the parents put all their dreams and energies. All of them, along with members of their extended family, go through some form of deprivation (of will, of fun, of passion and of love). I think that a merit of this book is the way it highlights the Indian traditions, cultures and mostly the place of a woman in an Indian family. I liked the character of Uma in the book because she is both willing to take a chance with life and at the same time dedicated to her family.She takes whatever happens to her life with such grace that she does not give me a chance to cry for her. I like her inner strength. The story in itself is told from the perspective of the protagonist, Uma, who starts out as a wideeyed child at a convent who shows an enthusiasm for education but with the birth of her brother Arun, Uma takes on the role of nanny. Here, one encounters the distinct preference parents have for the male child. Desai next explores the conventional belief that ties a woman’s worth to her physical appearance. A woman who lacks beauty is often rushed into the first marital offer she receives, only to pay a heavy price later on. Desai shows the challenges a single woman faces regardless of how successful she is. By contrast, Uma’s cousin is portrayed as the ultimate success because she is able to marry well thanks to her looks. She makes the reader wonder how happy she truly is, when she eventually takes her own life. Uma is the main character in the first half of the novel. She is a clumsy, uncoordinated woman who finds it difficult to succeed in almost everything she does – she fails in school, can’t cook, spills food and drink and can’t find anyone worthwhile to get married to. Her father feels that Uma is incapable of fending for herself, as she is too clumsy, uncoordinated and proves a failure in almost everything she does.Uma fails in school, in the kitchen and she even fails to find anyone worthwhile to get married to. The father asks Uma to interrupt her studies in the Christian convent when he find out she not doing very well at school. He feels that it was a waste of time and money to provide Uma an education ;he has other plans for her.She will look after her baby brother Arun and take care of the household while her mother rests after giving birth. Uma’s life is constantly planned by her father.Uma cannot resist her father’s oppressive patriarchal ideology, as she is afraid of the consequences that would befall her if she angered the colonial characteristics of her father. Uma’s entertainment comes in the form of her cousin, Ramu. When Ramu is around, Uma feels at ease. But the father feels that Ramu is a bad influence on Uma. He does not want Uma to be influenced by other men who are capable of brainwashing her to resist the demands of his patriarchal nature.

Personal Statement On Leadership And Management - 854 Words

1. Leadership and Management Using the concepts discussed in N449, describe your impressions of your synthesis unit: model of care, communication styles, characteristics of leadership and management (is the manager a leader? Are there informal leaders, etc.), decision making, delegation, critical thinking, time management†¦.). My synthesis unit is a total patient care unit. It is the only unit I’ve had clinicals in that follows the total patient care unit. The nurse is solely responsible for all of the patients needs along with the needs of the family. Because of the close proximity of the patients to one another, I do believe that this is the best model of care for the unit. However, when the parents visit their child it sometimes creates a bit a cluster amongst the pod. The communication style observed in the unit is an assertive communication style. The charge nurses or nurse practitioners provide instructions that directly express their needs or desires for a task to be completed. This communicat ion style allows a mutually agreed upon outcome between the presenter and recipient. This style also decreases reluctance amongst the nurse to complete tasks. I have not observed the characteristics of the leadership and management from the nurse manager in the unit. Since I my clinicals are at night she is rarely still there by then. The charge nurses at night are the main leaders. The charge nurses on the unit follow a formal leadership role. Some of the leaders are leadersShow MoreRelatedPersonal Statement : Leadership, And Time Management859 Words   |  4 Pages The strengths that I have gained this semester in psychology are: assertion, leadership, and time management. At the beginning of the semester my assertion level was in the develop stage. I was not able to clearly communicate my thoughts to others in an effective way that promoted a better understanding of my feelings. I am typically a shy individual when I am introduced to people I have never met I am not able to properly communicate with them. After improving on this skill level; I am able toRead MoreEssay On Health Care Development1509 Words   |  7 Pagesfirst section of this paper discusses the description of the proposed unit including a mission statement, prioritized values, and an organizational chart depicting how all employees from the unit are connected. This is followed by a description of my preferred leadership style and managerial role, empowerment strategies, conflict resolution, and important interventions. Strong leadership, effective management, clear goals, and objectives are key elements for creating a successful new healthcare unitRead MoreMy Personal Philosophy Of Innovation1290 Words   |  6 PagesNursing Innovation and Leadership: A Personal Philosophy To embrace the person that you are, in a time and place where everyone seems to be telling you that you should be everything but the person that you are, is a daunting but worthwhile challenge. I believe that it is in the acceptance of our true selves, imperfections and all, that we gain the ability to view others through a lens colored with compassion and acceptance. It is then that we can become a leader who is self-aware and emotionallyRead More5 Written Assignment 5 Unit 5001V1 Revision 11020 Words   |  5 Pagesï » ¿ Chartered Management Institute Approved Centre Level 5 Extended Diploma in Management and Leadership Written Assessment – 5 Unit 5001V1 Instruction Sheet Assignment: Unit 5001V1 – Personal development as a manager and leader Level: 5 Lecturer: Ian Laing Date of Issue: 13th May 2015 Date Due In: 26th June 2015 Format: Word Document submitted to: ianlaing@ihlassociates.karoo.co.uk Read MoreThe Definition Of Leadership By Daft1162 Words   |  5 Pagesdefinition of leadership described by Daft (2010) and Rost (1991), is an influence relationship among leaders and followers who intend real changes and outcomes that reflect their shared purposes (Puente, 2013). In a business definition, leadership is defined as the ability of an individual to influence, motivate, and enable others to contribute toward the effectiveness and success of the organizations of which they are members (Leadership vs. Management, n.d.). The definition of management describedRead MoreQualities And Qualities Associated With Effective Leadership And Its Significance1619 Words   |  7 PagesEvery individual has his or her own definition of leadership. Leadership is the coordination of actions that motivate individuals to work together. This paper will discuss the skills and qualities associated with effective leadership and its significance. â€Å"A leader is one or more people who selects, equips, trains, and influences one or more follower(s) who have diverse gifts, abilities, and skills and focuses the follower(s) to the organization’s mission and objectives causing the follower(s)Read MoreEthical Behavior Is Distinguishing And Performing One s Actions1490 Words   |  6 Pagesand performing one s actions accordingly. The trouble with this statement stems the questions of what is considered as â€Å"right.† Verses wrong. The definition of this word varies according to individuals, customs, morals and beliefs. Ethical behavior represents a value system that has been developed from a logical analysis of society, established by fairness, integrity, the desires and privileges of people and oneself. Ethical leadership encompasses two aspects. First, ethical leaders have to performRead MoreOrganizational Behavior : An Organization1521 Words   |  7 Pagesrelationships by attaining human objectives, social objectives and ultimately organizational objectives. Leadership is the capability of the company s management to make sound deliberations and inspire other employees to perform well (Luthans, 2002). In the context of organizational behavior, leadership entails directing the behavior of company employees towards attaining a shared goal. Leadership is very critical in an organization as it results in higher performance by the employees, enhances motivationRead MoreThe Transformational Leadership Theory For Student Athletes Essay938 Words   |  4 Pagesand support services that will prepare them to be self-sufficient adults.† Rationale to Create a Supporting Culture To create a culture that supports the program’s mission, this student looks to rely on the transformational leadership theory. The transformational leadership theory is the positive impact a leader has on those they supervise and methods used to achieve optimistic outcomes (YuKi, 1999). The transformational leader builds a rapport with those they supervise by building trust, respectRead MoreEconomics750 Words   |  3 Pages 1. Discuss the primary reason for the restatement and the impact to the financial results for the company you selected. Apple Inc. is an American multinational corporation that designs and sells consumer electronics, computer software, and personal computers. The company is best-known for its Macintosh line of computers, the iPod, the iPhone and the iPad. As of July 2011[update], Apple has 357 retail stores in ten countries. It is the largest publicly traded company in the world my market