A Review of “Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a PartialSubstitute for Individual Rationality” Dhananjay K. Gode and Shyam Sunder Through this paper the authors Dhananjay Gode and Shyam Sunder try to understand the effect of various elements such as institutional structure‚ market environment‚ and agent behaviour which effect the performance of an economy on the allocative efficiency of a double auction. Through their experiment they prove that a double
Premium Free market Supply and demand Economics
The tragedy that took place in New York City on September 11‚ 2001 will live in millions of American’s hearts and minds for as long as they shall live. Whether they experienced the attack in person or if they were just at work and witnessed it on television it is something they will most likely never soon forget. Over three thousand causalities took place in the United States and some‚ like many‚ remember it like it was yesterday. Others even had their lives completely changed due to their race/religion
Premium United States September 11 attacks Al-Qaeda
Corruption in India Patriotism. What does that word mean to you? Let me tell you what I think it should mean. Patriotism is not about boasting and believing that my country has no problems and it is just perfect. Patriotism is about realizing that my country has a problem and I will do something about it. Our problem for India is corruption. There are more than 1.21 billion people in India. 22 % of the population is under the poverty line. Truckers in India alone pay
Premium Political corruption Bribery Poverty
Rizal Sired Hitler By: Ambeth R. Ocampo Philippines Daily Inquirer Lifestyle (C3) Monday‚ June 19‚ 1995 EVERYWHERE I lecture on Rizal‚ one question never fail to arise in the open forum—"Is it true that Adolf Hitler is the son of Rizal? This is absolutely absurd‚ but since some fairly educated people actually want to believe it‚ I write this column.The argument is that Rizal had a German connection‚ he studied in Heildelberg‚ and being the Pinoy Don Juan he probably sired a son (why not a
Premium Germany Austria Adolf Hitler
Section 8 SEKSYON 8. Hindi dapat hadlangan ang karapatan ng mga taong-bayan kabilang ang mga naglilingkod sa publiko at pribadong sektor na magtatag ng mga asosasyon‚ mga unyon‚ o mga kapisanan sa mga layuning hindi lalabag sa batas. “The right of the people‚ including those employed in public and private sectors‚ to form unions‚ associations‚ or societies for purposes not contrary to law shall not be abridged.” Freedom to form associations In large part‚ this section reflects the country’s
Premium Human rights Freedom of speech Universal Declaration of Human Rights
22. Discharge from service: (1) A worker may be discharged from service for reasons of physical or mental incapacity or continued ill-health certified by a registered medical practitioner. (2) If a worker who has completed not less than one year of continuous service is so discharged‚ he shall be paid by the employer compensation at the rate of thirty days wages for every completed year of service‚ or gratuity‚ if any‚ whichever is higher. [Karim Jute Mills Ltd vs Chairman‚ Second labour Court
Premium Employment Termination of employment
The Truth Behind ‘You Don’t Know What You Have Until It’s Gone’ Why do we often take for granted the very things that deserve our gratitude the most? We do this with both people and possessions. The problem is many people do not realize this until the situation has come and passed. We take things for granted on a daily basis‚ always with the assumption that whenever we need something‚ it will be there. There are many things we fail to realize the true value of until they are missing from our
Premium 2008 singles Thing The Little Things
sustainable cities. Bristol: The Schumacher Society Potter‚ R.B and Lloyd-Evans‚ S.(1998)The city in the developing world. Harlow: Pearson Education Charlie‚ S. (10/11/2012) Challenges of urbanization.[online].Available from: http://www.buzzle.com/articles/challenges-of-urbanization.html H.G. Overman and A . J.Venables. (Dec 2005) Cities in the developing world.[online]. Available from: http://www2.lse.ac.uk/geographyAndEnvironment/research/Researchpapers/102%20overman.pdf Long.(1998) urbanization
Premium Developing country Urbanization City
Critical Review of a Journal Article – Ensuring the effectiveness of a Knowledge Management Initiative (James Bishop‚ Dino Bouchlaghem‚ Jacqueline Glass & Isao Matsumoto‚ 2008) Introduction Knowledge Management (KM) initiatives are the different approaches adopted by companies which incorporate the shared characteristic of a company’s commitment to developing the flow of knowledge and the maintaining the use and dissemination of knowledge to create economic value (Clarke & Rollo‚ 2001). Bishop
Premium Knowledge management Management
TELECOMMUNICATIONS IN NIGERIA : MTN 2001 TO 2009 AS A CASE STUDY CHAPTER ONE Introduction/Background to the Study Objectives of the Study Significance of the Study Scope and Limitation of the Study Research Methodology Literature Review End Notes CHAPTER TWO Telecommunications in Nigeria Historical Development of Telecommunications in Nigeria Introduction of Global System for Mobile Communication (GSM) in Nigeria End Notes CHAPTER THREE Origin and Growth of MTN in Nigeria MTN
Free Mobile phone GSM Telecommunication