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Kahneman's Contribution to the Field of Economics

winning Nobel," 2002). What the pair did was to examine decision-making and judgment ("Kahneman gets warm reception after winning...

The ‘Biology’ of Cloning: Its Importance and Potential Impacts

Today, plant research scientists accomplish cloning through the manipulation of a limited number of vectors. The Ti plasmid (a pl...

Sustaining Development and Buddhist Economics

existence (Schumacher, 1999). This is a good point. Work is produced by individuals but it often serves others outside of the comp...

Adam Smith and Aristotle on Social Relations and Economics

as acceptable. If the issue in question happens to be acceptable to two-thirds of the population (upper class elitists), it is hi...

Gender and Economics

that women are now equal, and have the same opportunities as do men, the idea that this is what makes women equal is a misnomer. D...

Four Questions on Business Economics

Increased number of women enrolling in higher education * Technological Environment * Technological advancements * Pervasiveness o...

Answering Questions on Business Economics

known as the holdup problem. In an contract that is not compete, where specific assets are considered there is the possibility of ...

Korea and Japan

to be a somewhat adversarial relationship between American and Korea. We may wish to also consider the relationship with Ko...

Recessions and Keynesian Economics

this book, Keynes discussed the causes of unemployment and his theories regarding what governments should and should not do in har...

Overview of Game Theory

end up doing the same thing after person A figures out what B is doing. If Person A does not have a dominant strategy, then if B ...

Economics of Crime Problems and Solutions

because of their greater medical needs (Himelstein, 1993). A survey by the Rand Corporation found that longer jail terms cannot e...

Overview of Information Economics

rapid pace as well (Mennecke & West 2001). One study indicates that at least one third of the companies using RAD have data that ...

4 Questions on Economics Answered

the demand for a product is higher than the supply and the supplier cannot provide enough to meet the demand then the price will r...

Europe After the Cold War

In addition, it was...

Housing Market Economics

to appreciate over time. Just as Adam Smith observed with the overall economy, the natural progression is expansion. The speed w...

Economic Terms and Concepts

balance is once again achieved. Another word for balance is equilibrium (Investopedia, 2009). The law of demand states that the ...

The Presence Of Financial Crises In The Global Economy

has taken place the global nature as a result of the interlinked economies appears to be able to enhance the potential for the cri...

THE ECONOMICS OF OPEC

of drug, the copyright or patent on those drugs effectively erase all competition for a period of several years, to allow the comp...

Supply and Demand, Elasticity and Monopoly Conditions

converse is true and the supply exceeds the demand, the price will then drop, dropping to a level where it is able to attract suff...

Inflation in Different Economic Conditions

it is important to look at the way inflation may occur, including the different influences, and how it may increase and decrease i...

Terrorism The Worldwide Impacts

new hires and even for promotion within an organization in our terrorist riddled world. Privacy Rights Clearinghouse (2006) warns...

ISSUES IN TRADE, INTERNATIONAL BUSINESS AND PRODUCT ROLLOUT

is because the U.S. is becoming a service-oriented economy -- while the country is certainly a net importer of goods, its exportin...

THE ECONOMICS OF U.S. AGRICULTURE

years, thanks to the incentive of subsidies, fields that sprouted different crops have been given over to the growing of corn. Thi...

Threats Against “Four Effects” in Iraq That Could Delay Transition

be an emerging Kurdish state in northern Iraq (Russell, 2007). In addition, the "armed Peshmerga today police the borders of the n...

HEALTHCARE ECONOMICS: INCREASING INPUTS AND COST/BENEFIT ANALYSIS

to go out the window, due to various situations. The healthcare industry is such a one, that may not perform to the usual demands ...

Country Comparison: Spain And The United States

spoken in the United States. At a size approximately double that of the state of Oregon, Spains population currently stands as ju...

Colonization, Economic Development, Geographical Distinctions and the American Civil War

Geography is also important because, as noted, the North had become industrialized. Almost all of the industry was located there, ...

Harford: “The Undercover Economist”

but sometimes works in unpredictable ways. Harford also uses Starbucks to explain why location is so important in real estate and...

THE THROW-AWAY WORKER: USE (AND ABUSE) OF CHINESE IMMIGRANTS IN DEVELOPING CANADA'S RAILROADS - AN OUTLINE

the immigrants were considered expendable when it came to building the railroads. History of Canadas Railroads Much of th...

OIL AND THE INTERNATIONAL BUSINESS CONNECTION

Before we take on an explanation of oil and petroleum on a global scale, we first need to understand how the "liquid gold," as...