Utilitarianism and the Theory of Justice* by Charles Blackorby‚ Walter Bossert and David Donaldson August 1999 revised August 2001 Prepared as Chapter 11 of the Handbook of Social Choice and Welfare K. Arrow‚ A. Sen and K. Suzumura‚ eds.‚ Elsevier‚ Amsterdam Charles Blackorby: University of British Columbia and GREQAM Walter Bossert: Universit´ de Montr´al and C.R.D.E. e e David Donaldson: University of British Columbia * We thank Don Brown‚ Marc Fleurbaey‚ Philippe Mongin‚ John Weymark
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Part A Section (i) The articles chosen for this essay paper were “Corporate Environmental Reporting: A test of legitimacy theory” by Trevor D. Wilmshurst and Geoffrey R. Frost and “The Stakeholder Theory: Concepts‚ Evidence and Implications” by Thomas Donaldson and Preston Lee. There were several factors that contributed to my choosing these particular articles for my study. First and foremost‚ these articles were both peer reviewed and the journals they were sourced from‚ namely the
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My theory states that the unconscious is something very deep. We as individuals do not understand what is all going on in our unconscious. We can uncover parts of ourselves that we may not have known about‚ but we will never be able to know or understand everything about ourselves. I believe that the unconscious is a positive reinforcement that keep us going in our daily lives. There are times we get depressed‚ some more than others‚ yet we are able to try and seek help or push through day to day
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MCGREGOR’S THEORY X AND THEORY Y DOUGLAS MCGREGOR (1906-1964) • Management professor at MIT Sloan School of Management • Earned his B.E. in Mechanical Engineering from Rangoon Institute of Technology • Ph.D. in psychology from Harvard University • Professor at Harvard where he helped to set up the University’s Industrial Relations section • His book‚ The Human Side of Enterprise made his mark on the history Enterprise‚ of organizational management • Proposed
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Leadership Theories and Styles IAAP 2009 Administrative Professionals Week Event April 28‚ 2009 Development Development of Leadership Theory • Until approximately 1930‚ there was not much academic interest in the area of leadership • Fredrick Taylor –Scientific Management (time/motion studies of productivity) (late 1800’s) • Max Weber –(writing on bureaucracy) a leader possessed power by virtue of his position (1922) • Mary Parker Follett – participatory management in “power with” as opposed to “power over
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Positive Accounting Positive economic theory and accounting practices are objective and based on fact. Positive accounting focuses on analyzing the economic statistics and data at hand‚ and deriving conclusions based on those figures. For example‚ if corporate growth allows a company to increase shareholder dividends over previous dividend payments‚ positive accounting theory would conclude that corporate growth causes a rise in stockholder dividends. Most bookkeeping and data collection involved
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Decision theory tells what we may rationally prefer and not what we may rationally believe. Desires according to Hume‚ are original existences and not subject to rational assessment. Drier says this may be a bit of a bold statement but so what? It isn’t irrational that we have conflicting desires‚ but it is the decision out of them that is important. I don’t want sunburn. I stay inside. Trouble arises when I prefer staying in to sunbathing‚ sunbathing to short exposure and short exposure to staying
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RISK THEORY - LECTURE NOTES 1. INTRODUCTION The primary subject of Risk Theory is the development and study of mathematical and statistical models to describe and predict the behaviour of insurance portfolios‚ which are simply financial instruments composed of a (possibly quite large) number of individual policies. For the purposes of this course‚ we will define a policy as a random (or stochastic) process generating a deterministic income in the form of periodic premiums‚ and incurring financial
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Kinetic theory (or the kinetic or kinetic-molecular theory of gases) is the theory that HYPERLINK http//en.wikipedia.org/wiki/Gasgases are made up of a large number of small particles (HYPERLINK http//en.wikipedia.org/wiki/Atomatoms or HYPERLINK http//en.wikipedia.org/wiki/Moleculemolecules)‚ all of which are in constant‚ HYPERLINK http//en.wikipedia.org/wiki/Randomnessrandom HYPERLINK http//en.wikipedia.org/wiki/Motion_(physics)motion. The rapidly moving particles constantly collide with each other
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CONSUMER THEORY I Consumer theory – deals with how a consumer chooses the best bundle of goods he/she can afford. BUDGET CONSTRAINT To know which bundle of goods a consumer can afford‚ we have to look into the consumer’s budget constraint. We first assume that there are only two goods‚ say good x1 and x2. A consumer can choose from bundle A (3‚ 2) – 3 units of good 1 and 2 units of good 2; bundle B (6‚ 5) – 6 units of good 1 and 5 units of good‚ so forth. Given the price of good 1 (p1)‚
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