Differentiate between Rational and Adaptive Expectations and clearly explain their role in focusing on future macro-economic variables 1. Rational Expectations The theory of rational expectations was first proposed by John F. Muth of Indiana University in the early 1960s. He used the term to describe the many economic situations in which the outcome depends partly on what people expect to happen. Rational expectations theory is an assumption in a model that the agent under study uses a forecasting
Premium Inflation Economics Macroeconomics
My purpose in this essay is to contend that religion and religious beliefs do not discount a person’s ability to rationalize. Indeed‚ the idea of God exists in the mind. Perhaps therefore‚ it was constructed in that same human mind. However‚ it should be noted that the idea of God exists even in the mind of an atheist. How can then a mentally imperfect being‚ (us humans)‚ create the notion of a mentally perfect being without apparent cause or reason? The idea of a God is one that contains absolute
Premium Religion God Faith
Paper on versus on lying Galatians 6:7-8 ESV / 81 helpful votes Do not be deceived: God is not mocked‚ for whatever one sows‚ that will he also reap. For the one who sows to his own flesh will from the flesh reap corruption‚ but the one who sows to the Spirit will from the Spirit reap eternal life. HelpfulNot Helpful Proverbs 12:22 ESV / 80 helpful votes Lying lips are an abomination to the Lord‚ but those who act faithfully are his delight. HelpfulNot Helpful Psalm 52:2 ESV / 59
Premium God Jesus
Porter’s Five Forces Model versus A Blue Ocean Strategy Porter’s Five Forces Model‚ provided by Michael Porter‚ is an external environmental analysis tool for a specific market. This model emphasizes that in any existing industry‚ there are five competition forces: threat of new entrants‚ power of suppliers‚ power of customers‚ threat of substitute products‚ and intensity of competitive rivalry. In addition‚ these five forces can influence and determine the profitability of the enterprise. Using
Premium Cirque du Soleil Strategic management
Compare and Contrast TWO models of sexual assault and their respective utility for (i) the treatment and management of sex offenders and (ii) assisting the police in criminal investigations. When anyone wants to investigate criminal sexuality from different perspectives such as legal‚ academic‚ or simply curiosity-motivated‚ the multiplicity and variety of the internal part of phenomenon becomes quite clear. Few dimensions of the behaviour inlying the sexual crimes have to be considered to perceive
Premium Sex offender Offender profiling Rape
9758402 Book Review: The Rational Optimist Pessimism might still be good in small doses There seems to be a widespread view of a bleak future for the human kind today as we are bombarded with information that makes us feel as if we are unquestionably turning our planet into an inhabitable rock for future generations. Matt Ridley‚ although not the only optimist on this planet‚ has a more encouraging outlook on our future as a species as he writes in his latest book The Rational Optimist. The author
Premium Optimism Evolution Earth
organization’s IT security professional‚ you have been asked by your organization’s CIO and CEO to suggest steps and techniques that would mitigate risks associated with VoIP and SIP applications at the same time‚ maintaining the controls provided via C-I-A model. Provide a well-developed (remember who the intended recipients are) response outlining your recommendations. Be sure to substantiate each of your recommendations for mitigating identifiable risks. Please be sure to provide your response via the proper
Premium Computer Confidentiality Quality of service
Organizational Behavior-II Faculty: Dr. Neerpal Rathi Course Objectives: An organization does not really accomplish anything on its own. Plans do not accomplish anything either. Endeavors succeed or fail because of the people involved. Apart from their own personality attributes‚ peoples’ efforts in an organization are also influenced by the changes in economic‚ technological and social conditions‚ inside and outside the organization. The course Organizational Behavior-II is planned and designed to help
Premium Management Organization Organizational studies
PRINCIPLES OF MANAGEMENT III DEFINE ORGANIZATION; DISCUSS THE CHARACTERISTICS‚ IMPORTANCE AND ITS SIGNIFICANCE. INTRODUCTION: The word is derived from the Greek word ORGANON‚ itself derived from the better-known word ERGON which means "organ" – a compartment for a particular task. ORGANIZATION is the foundation upon which the whole structure of management is built. It is related with developing a frame work where the total work is divided into manageable components in order to facilitate the achievement
Premium Organization Management Structure
ORGANIZATION GROUP FLOW In an organization‚ communication flows in 5 main directions- 1. Downward 2. Upward 3. Lateral 4. Diagonal 5. External 6. Laissez-faire 1. Downward Flow of Communication: Communication that flows from a higher level in an organization to a lower level is a downward communication. In other words‚ communication from superiors to subordinates in a chain of command is a downward communication. This communication flow is used by the managers to
Premium Leadership Management