Economics 314 Coursebook‚ 2010 Jeffrey Parker 16 THEORIES OF CONSUMPTION AND SAVING Chapter 16 Contents A. Topics and Tools............................................................................. 1 B. The Kuznets Paradox ....................................................................... 3 C. Relative-Income Hypothesis .............................................................. 5 D. Life-Cycle Model and Permanent-Income Hypothesis .............................. 7
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Risk‚ risk aversion‚ and utility Portfolio risk and return Diversification Allocation between one risky and a risk-free asset Optimal risky portfolios and the efficient frontier “OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The other are July‚ January‚ September‚ April‚ November‚ May‚ March‚ June‚ December‚ August‚ and February.” (Mark Twain) Key ideas of portfolio theory • Risk of a single investment vs. the new investment as part of one’s existing portfolio
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Chapter 15 –part B p. 333 (Cameron) Motivation theories include Achievement-motivation theory Expectancy theory Equity theory Motivation theories are derived predominantly from the work of: Abraham Maslow (a psychologist) Achievement-motivation theory developed by: Focus: Atkinson‚ McClelland‚ and Veroff Aspects of personality characteristics and proposes 3 forms of motivation/needs in work situations (achievement‚ power‚ affiliation) Individuals are not as concerned with the
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Organisational theory refers to the study of organisations and this includes the study on the way these organisations function‚ the roles they adopt and how the correlation and interaction between people and their work are put together so as to define their relations with the organisation. Thus‚ organisational theory allows organisations to increase their efficiency in the workforce through the reduction of unnecessary organisational problems. The two theoretical perspectives that have been chosen
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Manuel Castells Materials for an explorator y theory of the network society1 ABSTRACT This article aims at proposing some elements for a grounded theor y of the network society. The network society is the social structure characteristic of the Information Age‚ as tentatively identi ed by empirical‚ cross-cultural investigation. It permeates most societies in the world‚ in various cultural and institutional manifestations‚ as the industrial society characterized the social structure of
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prevailing theories that can be found in every family through television‚ movies‚ and actual families all across the nation. To understand the behaviors of a family you have to look at each individual and understand the contributing factors to their actions and social skills. “In the social learning system‚ new patterns of behavior can be acquired through direct experience or by observing the behavior of others.” This is explained through the social learning theory. The social learning theory explains
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Using an example of your choice apply the expectation theory of motivation. You should consider both its strengths and weaknesses as a theory. Arguments will be presented to show‚ how the expectation theory of motivation can be used to measure the force of motivation for a student to study‚ to achieve a high grade in his or her math’s test. This example will be relevant as the expectation theory can look at whether the reward will motivate/not motivate the student‚ whether the value of the goal
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their learning‚ social‚ and health that many parents might not be aware of. This essay focuses on how children towards two different mass media forms‚ which consist of television‚ and video games‚ perceive violence and how it relates to cultivation theory. The first form of media is television and how it greatly affects the views of our youth. It has been statistically proven that on average a child watches 3-4 hours of television a day‚ 28 hours a week‚ and around 2400 hours a year. By the time they
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Theory of elasticity -stress and strain stress -constitutive equations. Theory of Plasticity y y -Yielding Criteria‚ -Von mises criterion and Tresca criterion. - Plastic analysis and limit design methods for structural systems( beams‚ frames and plates) 1-ELASTICITY yp -Introduction for different types of nonlinear behavior -Tensors symbolic -Unidirectional stress and strain Unidirectional -3D components of stress and strain - Equilibrium equations - Invariants of stresses tensor -Principal
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Having the privilege to learn Theories of Communication for a couple of weeks now‚ I’m beginning to understand the development of my relationship with my husband and how it progressed from being a friend‚ to a boyfriend‚ and now my dearest husband. That was a little over a decade ago since 2001. We got married in 2008. And in 2010‚ we had our very first child. Let me first narrate how it all began. We first met in an internet chat room of the university that we went to. I was attracted to his
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