Z00_REND1011_11_SE_MOD4 PP3.QXD 2/21/11 12:49 PM Page M4-1 MODULE 4 Game Theory LEARNING OBJECTIVES After completing this supplement‚ students will be able to: 1. Understand the principles of zero-sum‚ two-person games. 2. Analyze pure strategy games and use dominance to reduce the size of a game. 3. Solve mixed strategy games when there is no saddle point. SUPPLEMENT OUTLINE M4.1 M4.2 M4.3 M4.4 M4.5 M4.6 Introduction Language of Games The Minimax Criterion
Premium Game theory Nash equilibrium
Paper 1: Human Rights Theory In this paper‚ I will make a number of arguments against the human right to social and economic welfare. In particular‚ I will examine Henry Shue ’s defense of subsistence and illustrate why I find his reasoning ineffective. The first point I will make in this paper is that socio-economic welfare rights cannot be human rights because they are not universal. Thereafter‚ I will argue against two thoughts proposed by Henry Shue in Basic Rights: Subsistence‚ Affluence
Premium Human rights Rights Civil and political rights
individual members) to assist a family to function in more comfortable and useful ways. While most family therapists work alone with family members‚ others may work in pairs or a larger team of therapists. How Does Family Therapy Work? Family systems theory proposes that we as individuals first learn about ourselves‚ our emotions and how to manage close relationships from the experience we have growing up in our family of origin. This personal experience influences how we tend to function in all other
Premium Family therapy
this issue very carefully. This chapter talks about Workable Ethical Theories such as Kantianism‚ Act Utilitarianism‚ Rule Utilitarianism‚ Social Contrast Theory‚ and others. If I had to choose one of the workable ethical theories in chapter 2 and use it for all my personal ethical decision making‚ I would choose Kantianism. According to the book “Ethics for the information age” by Michael J. Quinn (2014)‚ Kantianism‚ an ethical theory of the German philosopher Immanuel Kant‚ is able to go beyond simply
Premium Firearm Gun Gun politics
coincides with my own personal theories and beliefs. During the length of this paper‚ I will apply at least one of these three theories to each illegal act to include illegal drug use‚ illegal prostitution‚ and money laundering. I will use the Subculture-Theory‚ Life-Course Theory‚ and the Self-Control Theory. With each theory‚ I will compare how they can be applied in these illegal acts. Each of these theories will also include studies which support my application of these theories to these illegal acts
Premium Drug addiction Addiction Drug abuse
CULTURAL IMPERIALISM Explanation of Theory: Cultural Imperialism Theory states that Western nations dominate the media around the world which in return has a powerful effect on Third World Cultures by Individual Interpretations: Western Civilization produces the majority of the media (film‚ news‚ comics‚ etc.) because they have the money to do so. The rest of the world purchases those productions because it is cheaper for them to do so rather than produce their own. Therefore‚ Third World countries
Premium Theory Diffusion of innovations Scientific method
etc. However‚ Kantian theory left meaningful arguments regarding to organization that is still acceptable and useful in managing business ethics. He developed the concept of moral philosophy as universal law‚ the level of relations of society in organization‚ the importance of duty and obligation by freedom and so on. So this paper will provide 1) the non-consequentialist approach to ethics regarding to Emmanuelle Kant’s theory for organization; 2) critical evaluation of his theory providing with
Premium Ethics Immanuel Kant Deontological ethics
Introduction There are many theories given by different group of researchers about the existence of multinational enterprises or MNE’s. According to John Cantwell‚ it was in the 1970’s and 1980’s that many theories on MNE’s were proposed. These theories were either general theories of MNE’s which were called the main institution for international production or the theories on foreign direct investment‚ the means by which international production is done ( Pitelis‚ Christos N. and Sugden‚ Roger
Premium Economics Multinational corporation International economics
Critical Theory – Overview In the humanities and social sciences‚ critical theory is the examination and critique of society and literature‚ drawing from knowledge across social sciences and humanities disciplines. The term has two quite different meanings with different origins and histories‚ one originating in social theory and the other in literary criticism. Though until recently these two meanings had little to do with each other‚ since the 1970s there has been some overlap between these
Free Sociology Marxism Karl Marx
at the theories of social change. There is no one way of looking at the effects of sociological change so I will be looking and explaining at two theories‚ namely the conflict theory by Karl Marx and Darendhoff and the second theory called the socio-psychological theory by theorists McClelland‚ Hagen and Weber. “Social change is the significant alteration of social structure and cultural patterns through time (Harper‚ 1993:04)”. Harper (1993:05) goes on to explain that Conflict theory The conflict
Premium Sociology Capitalism Economics