Describe and evaluate Milgram’s agency theory [12] Milgram’s agency theory basically states that you the state of mind you are in determines if you’re obedient or not. He argued that normally we operate in the autonomous state‚ where you assert control over yourself and what we do. An example of this is when faced with danger‚ most people will turn away to try and avoid conflict. Even if you decide not to walk away‚ this is still the autonomous state because you’re deciding what to do. There is
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Outline and evaluate The SLT theory of aggression. Aggression is defined by Baron & Richardson (1993) as ‘any form of behaviour directed towards the goal of harming or injuring another living being who is motivated to avoid such treatment’. According to Social Learning Theory aggressive behaviour is developed through the environment (rather than being an innate tendency – as the biological and psychoanalytical theories would suggest). If biological theories of aggression were faultless it
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European call option with strike price of K and maturity T and buys a put with the same strike price and maturity. Describe the investor’s position. The payoff to the investor is - max (ST - K ‚ 0) + max(K - ST‚ 0) This is K- ST in all circumstances. The investor’s position is the same as a short position in a forward contract with delivery price K. 8 .4.)Explain why brokers require margins when clients write options but not when they buy options? When an investor buys an option‚ cash must
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Practice Questions-“Real Options” Some questions may require you to use financial calculator or Excel. (In the final exam‚ for students without financial calculator‚ writing down the formula will be enough. However‚ those formulas must be correct to get full credit. Therefore‚ it is a good practice to check whether you are correct by using Excel for these practice questions) 1. How are real options different from financial options? 2. Consider the following project data: (1) A
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Trading volatility is nothing new for option traders. Most option traders rely heavily on volatility information to choose their trades. For this reason‚ the Chicago Board Options Exchange (CBOE) Volatility Index‚ more commonly known by its ticker symbol VIX‚ has been a popular trading tool for option and equity traders since its introduction in 1993. Until recently‚ traders used regular equity or index options to trade volatility‚ but many quickly realized that this was not the best method. On Feb
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Outline and evaluate the learning theory of attachment The learning theory‚ firstly proposed by Dolland Miller (1950) argues that attachment is a form of nurture and so is learnt. Behaviourists came up with the idea that it is learnt either through classical or operant conditioning. The learning theory was introduced by behaviourists who base most of their explanation on the effects of nurturing. They proposed that all behaviour is learned rather than inborn and In terms of attachment‚ through
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Outline and evaluate one theory of attachment (12 marks) Bowlby’s theory is an evolutionary theory because‚ in his view attachment is a behavioural system that has evolved because of its survival value and‚ ultimately‚ its reproductive value. According to Bowlby‚ children have an innate drive to become attached to a caregiver because attachment has long-term benefits. Both attachment and imprinting ensure that a young animal stays close to a caregiver who will feed and protect the young animal.
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other organizations because it produces desired goods or services more efficiently and effectively than they do” (Jones & George‚ 2010 p. 22). Knowing the definition of competitive advantage is not sufficient for managers to be able to apply a market based value driven management strategy. The authors intend to give the readers an overview of the key pillars that are necessary to develop and maintain competitive advantage globally within
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ABSTRACT The main aim of conducting this project is to control a maximum of eight electrical appliances by just using a TV remote. Normal IR circuits can switch only one device. But using this circuit‚ different devices can be controlled using same remote with different switches. In this circuit‚ we interfaced 8 devices. These devices are switched using remote keypad -1 to 8. AT89C51 microcontroller is used to control the inputs and outputs. TSOP 1736 (infrared receiver) is used
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Outline and evaluate the evolutionary theory of attachment Bowlby came up with this theory and believed that attachment is innate and adaptive. His theory states that we are born with an inherited need to form an attachment in order to help us survive. This involved Darwins theory of natural selection as any behaviour that helps you survive will be kept in the gene pool. In terms of humans‚ babies are helpless and rely completely on the primary caregiver which is normally the mother. Interestingly
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