Abstract. That sunk costs are not relevant to rational decision-making is often presented as one of the basic principles of economics. When people are influenced by sunk costs in their decision-making‚ they are said to be committing the “sunk cost fallacy.” Contrary to conventional wisdom‚ we argue that‚ in a broad range of situations‚ it is rational for people to condition behavior on sunk costs‚ because of informational content‚ reputational concerns‚ or financial and time constraints. Once
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Authority/Power/Politics Authority What is Authority The word authority derives from the Latin word auctoritas meaning invention‚ advice‚ opinion‚ influence or commands which originate from an auctor‚ indicating that authority originates from a master‚ leader or author. Essentially authority is imposed by superiors upon inferiors either by force of arms (structural authority) or by force of argument (sapiential authority). Usually authority has components of both compulsion and persuasion
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Morality in Politics Civic virtue is the formation of habits of personal living that are claimed to be important for the success of the community. This term was important to Aristotle’s theories on politics. He felt that all humans should take pleasure in civic virtue and that it was essential for living “the good life”. Today‚ our democratic government is well-suited to promote civic virtue and participation of all people in the country. Although times have changed since Aristotle’s days‚ this
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This paper will address the position of black politician when it comes to race consciousness and deracialization‚ through the past‚ present and future. My position is to focus on how racial consciences used by politicians throughout the years have made it possible for politicians today to even having the option of running a deradicalized campaign and will still be a key ideology for the future. Going back to the Reconstruction Era until the mid 1980’s the identity of the black politician was very
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The Influence of the Media in Politics‚ Campaigns and Elections - Yaho... http://voices.yahoo.com/the-influence-media-politics-campaigns-and-6... Voices Entertainment History Auto Business Creative Writing Politics Health Home Improvement Lifestyle News Sports Tech Travel Sign in Sign up Mail All Categories Opinion and Editorial The Influence of the Media in Politics‚ Campaigns and Elections Laura Lane‚ Yahoo! Contributor Network Nov 14‚ 2007 "Share your voice on Yahoo! websites
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Blackmail in Politics. ISAEVA DANA The story is called “Blackmail in Politics”‚ and I immediately understood the essence of this story. The story is about politicians and the blackmail in politics. The main characters are: James Howden‚ Margaret Howden‚ Harvey Warrender‚ and Brian Richardson. James Howden was the Prime Minister of Canada. All his life he dreamed of becoming Prime Minister and yet has achieved his goal‚ but not in the best way. For the sake of his dreams‚ he
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My article review is about women in politics and governance: complex challenges from globalization. This article highlights on women in government inside multifaceted political and governance terrains in Asia wherever the dynamics of trade intensification and re-democratization meet and challenge. In this article‚ it explains about the prohibiting of women as political agents in the state. This had arisen a feminist or women’s group in the world. A part from that‚ this article also noted on a number
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Sparta had a Political organisation unlike many other Greek states at that time that drew upon elements of all types of Government structures. The Spartan constitution contained elements of monarchy‚ oligarchy and democracy and was described by ancient writers as a mixed constitution. The four elements were made by the two kings (monarchical)‚ Gerousia (oligarchic)‚ the Five Ephors (limited Democratic) and the Ekklesia (democratic). This system all came about from the work of the law-giver named
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Outline 1. What is oil 2. Petroleum industry 3. Domestic and industrial usage of oil 4. Middle eastern oil 5. OPEC 6. Role of Saudi Arabia‚ Venezuela 7. US consumption of oil - 1/4th of total oil 8. War for oil - Iraq War‚ War on terror 9. Oil as a weapon by Arabs‚ Arab Israeli Conflict‚ Central America 10. Political Greed 11. Pipeline diplomacey Baku-Tiblisi-Ceyhan 12. The politics of oil nationalization 13. New alternatives ethnol
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Orientalism in American films is often times overlooked in its offensiveness compared to the stereotyping of other cultures. If asked to name films that you have seen where a race or culture was offensively portrayed‚ the first ethnic groups that come to mind are likely African-American and Latino. If this is true for you‚ why do you think Asian stereotyping isn’t as noticeable or striking to you as other stereotyping? If not‚ what experiences can you attribute to shaping your point of view? As
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