Tuesday, August 25, 2020

Maslow's Hierarchy of Needs Essay Example | Topics and Well Written Essays - 750 words

Maslow's Hierarchy of Needs - Essay Example This chain of importance applies to people separately. Each one has various necessities and prerequisites and in this way they move over the progressive system in an unexpected way. For instance in the event that you put Bill Gates in this chain of command, at that point he may just need to satisfy his self completion need since all his past needs have just been satisfied. Somebody probably won't require wellbeing need since the individual in question probably won't give a lot of significance to it and in this way legitimately move to the regard need. Individuals with various age section and with various sex have various prerequisites regarding these requirements. The natural need is the fundamental need and in this manner it continues as before for guys or females. Individuals with 18-multi year age section require this need more in light of the fact that these individuals are not generally settled and are buckling down for a superior living where as individuals over this age section typically are settled and has less of this need. Security need is more among females when contrasted with guys as they feel more unreliable than men. Belongingness and love need is similarly significant for either guys of females or individual of all ages gathering. It is astonishing that ladies have a greater amount of regard needs than men and less of individuals in the 18-30 age bunch want regard need. Feel need is just among the fem... Belongingness and love need is similarly significant for either guys of females or individual of all ages gathering. It is amazing that ladies have a greater amount of regard needs than men and less of individuals in the 18-30 age bunch want regard need. Feel need is just among the females. What's more, females old enough gathering 18-30 want a greater amount of it than do the 31-45 in light of the fact that those females are progressively youthful and in vogue and in this way follow the style. Numerous individuals like to accomplish the self realization yet females want a greater amount of this need than do guys. Individuals over the 31 years old may put it all on the line since they may have satisfied the various needs and this is the exact opposite thing left. Amazing quality is identified with self realization however it is essentially to accomplish something which nobody different has done or to thoroughly consider of the conventional and this is more in men than in ladies. What's more, this craving of need emerges more when an individual has quite recently passed or going to pass the high school and is a youngster when the ability to think innovatively is more when contrasted with after the thirties. List of sources Richard L. Foolish. The board. Orlando, Florida: The Dryden Press, Harcourt Brace College Publishers,

Saturday, August 22, 2020

Can Noise Traders Survive

Examine the ramifications of the oddity that albeit budgetary hypothesis expect that speculators are sound in practive, hardly any financial specialists seem to move toward ventures choices in a sane way. Will Noise Traders Survive? 1. Presentation Noise Trader is a monetary term presented by Kyle (1985) and Black (1986). It alludes to a stock merchant who needs access to inside data and settles on unreasonable speculation choices (De Long et al. , 1990). Conventional money related hypotheses are regularly founded on the supposition that all the speculators are rational.The thriving social fund withdraws from old style monetary hypothesis by dropping this fundamental suspicion (Carty, 2005). Lately, there has been a developing enthusiasm for contemplating the conduct and impacts of clamor brokers. Friedman (1953) and Fama (1965) contend that clamor brokers are immaterial in light of the fact that they will be driven out of market by reasonable speculators who exchange against them. I n actuality, Black (1986) contends that commotion dealers can make due over the long haul, and the whole monetary market can't work appropriately without clamor traders.This paper will endeavor to exhibit that commotion merchants can make benefits and make due over the long haul, they can keep up a value affect and give liquidity to the market. So as to show this, first, this exposition will be explicitly concentrating on effective market speculation (EMH), which is a delegate customary money related hypothesis dependent on discerning financial specialists presumption. Both experimental and hypothetical proof will be provided so as to show the disparity between the sound speculators supposition and genuine budgetary markets.Second, this article will additionally clarify how clamor dealers can get by over the long haul, even here and there gain higher anticipated returns than normal financial specialists. At long last, it ought to be noticed that commotion exchanging is fundamental t o money related market as its effect on resource estimating and benefits for advertise liquidity. 2. Illogicality of effective market speculation Efficient-showcase theory (EMH) expect that monetary markets are â€Å"informationally efficient† (Fama, 1965). All financial specialists can settle on discerning speculation choices dependent on total honesty of information.Their contention against the significance of clamor dealers calls attention to that if the cost of an advantage veers from its basic worth, objective arbitrageurs will purchase the underestimated shares on one trade while sell a similar measure of exaggerated offers on another trade (Shleifer, 2000). The activities of normal arbitrageurs will drive the value back to its crucial worth. Over the long haul, in this manner, commotion brokers will reliably lose cash to normal arbitrageurs, in this way in the end vanish from the market (De Long et al. , 1990).In request words, commotion merchants can't get by in the m oney related market in light of the fact that their normal returns are negative. Notwithstanding, albeit productive market speculation is a foundation of present day money related hypothesis, it is frequently contested by financial specialists and scientists both experimentally and hypothetically. The hypothetical mystery of EMH and observational proof against EMH in genuine monetary markets will be additionally clarified by the accompanying models. The Grossman-Stiglitz oddity (Grossman and Stiglitz, 1980) affirms that money related market can not be â€Å"informationally efficient†.Grossman and Stiglitz contend that †because data is expensive, costs can't impeccably mirror the data which is accessible, since on the off chance that it did, the individuals who spent assets to acquire it would get no compensation† (Grossman and Stiglitz, 1980, p. 405 ). In the event that a market is educationally effective, it implies that all applicable data is reflected in showca se costs. Accordingly there is no motivator to gather the data. In any case, on the off chance that nobody will pay to gather the data, the data at that point can not reflect in the prices.In rundown, The Grossman-Stiglitz Catch 22 repudiates proficient market speculation, which may demonstrate that effective market isn't the genuine component of money related market. There are likewise different conundrums that are apparently difficult to disclose as indicated by proficient market speculation. From the point of view of objective arbitrageurs, if clamor brokers are for the most part in the end driven out of business sectors, there will be no value errors for exchange. Accordingly the discerning arbitrageurs will likewise vanish from the business sectors. All things considered, in what manner can the business sectors keep up a non-exchange equilibrium?From the viewpoint of commotion dealers, if clamor brokers are totally determined out of business sectors, how do the business sectors create the first clamor merchants? It appears to be evident that those two mysteries fill in as proof of the presence of commotion merchants. Productive market theory additionally expresses that it is unimaginable for financial specialists to reliably out-play out the normal market returns, or as it were, â€Å"beat the market†, in light of the fact that the market cost is commonly equivalent to or near the reasonable worth (Fama, 1965). It is incomprehensible, thusly, for financial specialists to acquire better yields through buying underestimated stocks.Investors can just expand their benefits by exchanging more hazardous stocks (http://www. investopedia. com/). Nonetheless, observationally, there is a huge amount of genuine money related guides to help that stocks are not generally exchanged at their reasonable worth. On Monday October 19, 1987, the money related markets far and wide fell by over 20%, shedding an enormous incentive in a solitary day (Ahsan, 2012). It fill s in as model that market cost can wander essentially from its reasonable worth. What's more, Warren Buffett has reliably beaten the market over a significant stretch of time, which likewise negates proficient market theory (http://www. nvestopedia. com/). Along these lines, the two exact models above show that there is a tremendous disparity between genuine monetary markets and effective market theory levelheaded speculators suspicion. Be that as it may, how clamor brokers make due from judicious financial specialists and arbitrageurs? 3. Clarification of commotion traders’ endurance The DSSW model (De Long et. al. , 1990) further clarifies how clamor merchants can exist over the long haul. The productive market theory contends that if resource cost veers from its reasonable incentive by commotion dealers, normal arbitrageurs will exchange against them thus push the value back to its reasonable value.However, it is a long way from reality in genuine money related market. On the off chance that clamor dealers are too idealistic about stock and have raised up the cost of the stock from its key worth, an arbitrageur will bear enormous hazard selling the stock since commotion brokers hopeful convictions won't change for quite a while, consequently the cost won't return, or be pushed up considerably further by clamor merchants (De Long et. al. , 1990). The hazard normal arbitrageurs bears attempting to change clamor traders’ assessments is named â€Å"noise dealer risk†. Since judicious arbitrageurs are chance opposed, the clamor dealer hazard will confine their ability to exchange against commotion traders.De Long et. al (1990) contend that â€Å"the exchange doesn't take out the impacts of commotion since clamor itself makes hazard. † Therefore the clamor dealers can exist over the long haul. De Long et. al (1990) likewise contend that clamor merchants may even acquire higher anticipated returns than levelheaded financial specialists. On the off chance that commotion dealers are over bullish about a benefit and contribute more, it implies they bring extra clamor merchant chance into the advantage, in this way balanced arbitrageurs will discover the benefit less alluring on the grounds that arbitrageurs are hazard loath investors.Noise brokers, particularly those pompous financial specialists, put more in the hazardous resource than reasonable speculators. Arrogant dealers take on more hazard and consequently win higher benefits than their normal partners. De Long et. al (1990) state that â€Å"noise brokers can win higher expected returns exclusively by bearing a greater amount of the hazard that they themselves create†. It is sensible to infer that clamor brokers can make due in the long tun and may even make a greater number of benefits than discerning financial specialists. This may lead us to solicit is there any hugeness from clamor brokers existing in monetary markets? . Criticalness of clamor broke rs The noteworthiness of commotion merchants can be separated into two sections, to be specific the advantages for advertise liquidity and the effect on resource costs. To start with, clamor merchant is the vital segment of money related market. Dark (1986) contends that if all financial specialists are judicious, there will be almost no exchanging singular resources. It implies there is no motivating forces for financial specialists to exchange the portions of an individual firm against the individuals who share a similar data and same convictions on the stock.Traders will put resources into common assets, or portfolios, or list prospects rather than singular firms. In any case, singular offers are value establishments of shared assets, portfolios and list fates (Black, 1986). Consequently, the whole money related market relies upon liquidity in singular resources gave by clamor dealers. Second, commotion brokers can keep up an enormous value sway. As per an experimental research o n Dow Jones Industrial Average and S&P500 restores, the value effect of normal opinions is more noteworthy than that of nonsensical estimations (Verma et al, 2008).Verma et al (2008) likewise contend that financial exchange returns have a prompt and positive reaction to clamor exchanging. Consequently, it appears to be evident that commotion exchanging is the fundamental fixing in money related market since it is advantageous for showcase liquidity and it has colossal value sway on stocks. All in all, this exposition has shown that regardless of the essential model noteworthiness, customary money related theory’s discerning financial specialists supposition that is ridiculous. Clamor brokers can get by over the long haul, and may even procure higher expected returns than normal investors.Noise exchanging is imperative segment of monetary market, and effectsly affects resource valuing and benefits for showcase liquidity. The monetary market equilibri

Saturday, August 1, 2020

Summer Reading from SIPA Professor and Alumni Authors COLUMBIA UNIVERSITY - SIPA Admissions Blog

Summer Reading from SIPA Professor and Alumni Authors COLUMBIA UNIVERSITY - SIPA Admissions Blog SIPA is home to practitioners, professors and faculty all across academia. Our distinguished professors have written books in their respective fields. So, while you kick-back and enjoy the summer take a look at these books! Howard W. Buffett is an adjunct Associate Professor and Research Scholar at Columbia University’s School of International and Public Affairs. He chairs the advisory board for Columbia’s Research Program on Sustainability Policy and Management, and he serves on the management advisory board for the university’s Earth Institute. Buffett is a coauthor of Social Value Investing: A Management Framework for Effective Partnerships (Columbia University Press, 2018), which analyzes innovative collaboration from across sectors and outlines a new methodology to measure social and environmental impact called Impact Rate of Return. William B. Eimicke is Professor of Practice in International and Public Affairs and the founding director of the Picker Center for Executive Education of Columbia Universitys School of International and Public Affairs. The Picker Center runs the Schools Executive MPA program (EMPA), SIPAs audio-visual case study program, and the schools executive training programs. Eimicke teaches courses in management, cross sector partnerships, applied policy analysis, and innovation. He also teaches at Peking University and the Universidad Externado de Colombia. In their new book, Howard W. Buffett and William B. Eimicke present a five-point management framework for developing and measuring the success of such partnerships. Inspired by value investing â€" one of history’s most successful investment paradigms â€" this framework provides tools to maximize collaborative efficiency and positive social impact, so that major public programs can deliver innovative, inclusive, and long-lasting solutions. It also offers practical insights for any private sector CEO, public sector administrator, or nonprofit manager hoping to build successful cross-sector collaborations. The book also received a shout out from Bill Gates.   Michael A. Nutter, the  David N. Dinkins Professor of Professional Practice in Urban and Public Affairs,  served almost 15 years in the Philadelphia City Council, then was elected the 98th Mayor of his hometown in November 2007 and took office in January 2008. At his inaugural address, Mayor Nutter pledged to lower crime, improve educational attainment rates, make Philadelphia the greenest city in America and attract new businesses and residents to the city. He also promised to lead an ethical and transparent government focused on providing high quality, efficient and effective customer service. In 2007, after serving almost fifteen years on the Philadelphia City Council, Michael A. Nutter became the ninety-eighth mayor of his hometown of Philadelphia. From the time he was sworn in until he left office in 2016, there were triumphs and challenges, from the mundane to the unexpected, from snow removal, trash collection, and drinkable water, to the Phillies World Series win, Hurricane Irene, Occupy Philadelphia, and the Papal visit. By the end of Nutters tenure, homicides were at an almost fifty-year low, high-school graduation and college-degree attainment rates increased significantly, and Philadelphias population had grown every year. Nutter also recruited businesses to open in Philadelphia, motivating them through tax reforms, improved services, and international trade missions.Mayor Nutter details the important tasks that mayoral administrations do, he tells the compelling story of a dedicated staff working together to affect positively the lives of the people of Philadelp hia every day. His anecdotes, advice, and insights will excite and interest anyone with a desire to understand municipal government. Alum Andrea di Robilant  (80 SIPA) is the author of A Venetian Affair, a biography of his ancestor in 18th century Venice based on their correspondence; and a sequel entitled Lucia: A Venetian Life in the Age of Napoleon. Di Robilant was born in Italy and educated at Le Rosey and Columbia University. He now lives in Rome, working as a correspondent for the newspaper La Stampa. In the fall of 1948 Hemingway and his fourth wife traveled for the first time to Venice, which Hemingway called a goddam wonderful city. He was a year shy of his fiftieth birthday and hadnt published a novel in nearly a decade. At a duck shoot in the lagoon he met and fell in love with Adriana Ivancich, a striking Venetian girl just out of finishing school. Di Robilant-whose great-uncle moved in Hemingways revolving circle of bon vivants, aristocrats, and artists-recreates with sparkling clarity this surprising, years-long relationship. Hemingway used Adriana as the model for Renata in Across the River and into the Trees, and continued to visit Venice to see her; when the Ivanciches traveled to Cuba, Adriana was there as he wrote The Old Man and the Sea. This illuminating story of writer and muse-which also examines the cost to a young woman of her association with a larger-than-life literary celebrity-is an intimate look at the fractured heart and changing art of Hemingway in his fi fties. Joseph E. Stiglitz is University Professor at Columbia and Co-Chair of the University’s Committee on Global Thought. He is also the co-founder and co-president of the Initiative for Policy Dialogue at Columbia.In 2001, he was awarded the Nobel Prize in economics for his analyses of markets with asymmetric information, and he was a lead author of the 1995 Report of the Intergovernmental Panel on Climate Change, which shared the 2007 Nobel Peace Prize. In 2011, Time named Stiglitz one of the 100 most influential people in the world. America currently has the most inequality, and the least equality of opportunity, among the advanced countries. While market forces play a role in this stark picture, politics has shaped those market forces. In this best-selling book, Stiglitz exposes the efforts of well-heeled interests to compound their wealth in ways that have stifled true, dynamic capitalism. Along the way he examines the effect of inequality on our economy, our democracy, and our system of justice. Stiglitz explains how inequality affects and is affected by every aspect of national policy, and with characteristic insight he offers a vision for a more just and prosperous future, supported by a concrete program to achieve that vision. [Book covers from Amazon.com and Columbia University Press.]

Friday, May 22, 2020

I Am A Long Time Fan Of Diana Krall - 1684 Words

I’m a long-time fan of Diana Krall; I began listening to her when her Look of Love album came out in 2001. I own most of her albums as well as Live in Paris – DVD and Live in Rio – BluRay. So, you can imagine my excitement when I heard she was coming out with a new album in 2015. Then I found out what was going to be on it. Now I was excitedly concerned. She’s known for singing the Great American Songbook and jazz in general. Wallflower sounded like it was going to be the Great American Soft-Rock (Pop) album. Some of these songs were sung by The Carpenters. Not to disparage The Carpenters, but I have heard the songs in more than one elevator and more than once while I’m waiting on the phone. I was more than a little concerned that this was†¦show more content†¦I’m not a fan of raspy voices - earthy yes, but not raspy. Mr. Adams is near the top of the hill in terms of the raspy quality of his voice, matched only by my least favorite a rtist on the planet, Rod Stewart. When Sting collaborated with Messrs. Stewart and Adams on â€Å"All for Love† for the movie The Three Musketeers, that, for my preference, was the epitome of poor songs (even though I quite like Sting). In many ways, David Foster’s production of the album reflects his professionalism and adept touch. Typically a genius at choosing tracks and their order, understanding the album as a whole and ensuring stellar orchestral band support, there are times when it seems out of place and over-produced on this album. In particular, the lush strings that begin the somewhat obscure Bob Dylan song, â€Å"Wallflower,† don’t seem to quite mesh with its folksy underpinnings. But then again, this is an atypical folk song. It’s more like a country love song. I would also say, that any Bob Dylan song sung by anyone other than Bob Dylan is a win. (Bob Dylan and Leonard Cohen have to be two of the best songwriters this country has produced; they also have to be two of the worst singers I’ve ever heard. However, if you listen to the Bootleg Series Volumes 1-3, his singing is reasonably good on â€Å"Wallflower.†) I digress; despite the occasional mismatch, Mr. F oster does a fabulous job producing a clear, chromatic, cohesive, consonant sound for this album. Ms. Krall and Mr.

Wednesday, May 6, 2020

Limitations of Captive Breeding Free Essays

Biology 320 Dr. Nissen 08 November 2012 Limitations of Captive Breeding While the use of captive breeding has grown enormously in the more recent years there has been a complete lack of attention paid to the limitations placed on that endangered species by the captive breeding programs. Limitations such as establishing self-sufficient captive populations, poor success in reintroductions, high costs, domestications, preemption of other recover techniques, disease outbreaks and maintaining administrative continuity have all been significant ( Snyder et al. We will write a custom essay sample on Limitations of Captive Breeding or any similar topic only for you Order Now 996). We will review the self-sufficient captive populations, reintroductions, and domestications, these are among the most important limitation factors for the review. Establishing self-sufficient captive populations obtaining consistent reproduction and survivorship under captive conditions has proven quite difficult with many species. There are a variety of reasons as to why there has been failure to breed well in captivity, and identifying these factors can be difficult and are still unknown even after many years of experimentation. Because of poor reproduction the self-sustaining captive populations may never be achieved for some of the endangered species (Snyder et al. 1996). In a recent review of 145 reintroduction programs of captive-bred animals, largely vertebrates, only 11% of the cases were successfully reintroduced into the wild populations (Beck et al. 1994). The causes of the reintroduction failure of the captive bred animals vary from a failure to correct the factors originally causing significant behavioral deficiencies in the released animals, to social behavior. The behavioral issues are typically seen in the animals that lack the opportunity to associate with wild individuals in a natural setting during the critical learning periods. Many of the problems affecting captive preservation and reintroduction of endangered species are results of genetic and phenotypic changes that occur in captivity as well (Snyder et al. 996) and this directly affects the domestication of the captive-bred animal. The implications of the progressive genetic and phenotypic changes are more serious than recognized for the species in long-term captive breeding. Because of progressive domestication the general expectation that one can â€Å"preserve† endangered species in captivity without significant change over a long period of time should be abandoned (Snyder et al. 1996). How to cite Limitations of Captive Breeding, Essay examples

Wednesday, April 29, 2020

Oedipus Rex Essays (941 words) - Operas, Oedipus The King, Oedipus

Oedipus Rex The play Oedipus Rex may show mankind's search for a better society. The Greeks in the 5th century B.C. tried to make the most out of life. They wanted to know, what was the best way to live in that society at the time? The Greeks then began to study mankind. They began to determine between the rights and wrongs of the society. He who violated the social norms suffered throughout their life. For example, Oedipus Rex showed mainly three types of ?unmoral acts? that deified the social norms of society. The main three were his Intellectual Pride, Three types of Hubris, and his anger and rash judgment towards Creon. Prior to the birth of Oedipus Rex, a prophecy was spoken over Laius and his wife, Jocasta. They were told that their son would one day be his father's killer and would then marry his mother. In fear, kind Lauis and queen Jocasta sent the baby off with a slave to be killed. He was never killed, but rather was given to a childless king and queen, which lovingly raised him. Later in his life, several unknown men traveling confronted him. Upon confrontation, Oedipus Rex killed all but one of the men in self-defense. Unknowingly, Oedipus had begun to fulfill the prophecy for one of the men had been his father, Laius. While traveling, Oedipus had come to the city of Thebes. There he saved the city from the wrath of the sphinx by solving her riddle. He was a savior to the city, and was made king and married Jocasta (his mother). They ruled together and conceived four children. Although the truth had been spoken to Oedipus about these matters previously, he had chosen not to believe them. Oedipus's Intellectual Pride begins to unravel. He is looking for the murderer of the king (his father). He thinks 5 or 6 men killed the king because of money (bribery). No, Oedipus is wrong. He makes a lot of mistakes and he thinks he knows the answers to this situation. He is very self-confident and takes responsibility, as a king should. Oedipus acts too quickly and jumps to conclusions, while trying to figure out who committed this unmoral act that broke the social norm of their society. He asks Teiresias, but he refuses tell Oedipus that it was he who killed the king. But remember, Oedipus has already heard a prophecy about himself. His pride makes it difficult for him to listen to other people's advice and facts. He was so sure that he knew who the murderer was, but he was too ignorant. The answer was given to him but refused to believe it. Hubris begins to play a role in Oedipus character. Mainly there are three areas of Hubris he uncovered. The term Hubris means a behavior without proper limits; arrogance; insolence; defiance to the laws of the gods or moral laws. First, Oedipus has committed a murder and engaged in incest. He has mocked the gods. Oedipus solved the riddle of the sphinx and claimed he did everything on his own. In a sense, he looked down on the gods. The Greeks believed that there were powers higher than themselves. Man was great but not as great and powerful as the gods. Oedipus showed the opposite. Secondly, he shows the opposite by insulting the gods. He stated that he didn't need them in his life. Here he commits blasphemy, which is a term meaning, the act of speaking out against a sacred person. Lastly, his anger shows another hubris. He speaks out against Teiresias, stating that he was a wicked old man. In response, Oedipus showed no respect for Teiresias. For this, he will endure great Nemesis for his hubris's. Nemesis is a term, which means great punishment for going against a god. His failure to listen to the god's warnings resulted by making his life a living nightmare. He had committed the unmentionable and he'd rather not exist at this point. Oedipus, ruler of Thebes, murdered his own father and married his mother. Such acts are almost always deemed unnatural and criminal; they are not tolerated within a traditional society. A person who has committed these illegal acts of murder