Rondeau, Daniel, William D. Schulze and Gregory L. Poe, 1999, “Voluntary Revelation of the Demand for Public Goods Using a Provision Point Mechanism,” Journal of Public Economics, 72(3), 455-470. Rondeau, Daniel, Gregory L. Poe and William D. Schulze, 2005, “VCM or PPM? A comparison of the performance of two voluntary public goods mechanisms,” Journal of Public Economics, 89(8), 15811592. c. Mechanism Design Sefton, Martin and Abdullah Yavas, 1996, “Abreu-Matsushima Mechanisms: Experimental Evidence,” Games and Economic Behavior, 16(2), 280-302. Chen, Yan and Charles Plott, 1996, “The Groves-Ledyard Mechanism: An Experimental Study of Institutional Design,” Journal of Public Economics, 59(3), 335-364. Chen, Yan and Fang-Fang Tang, 1998, “Learning and Incentive-Compatible Mechanisms for Public Goods Provision: An Experimental Study,” Journal of Political Economy, 106(3), 633-662. d. Fund-raising and Organic
Unit 9 Assignment: Case studies of Emily and Mr. Smith Kaplan University School of Arts and Sciences PS 360- 02 Introduction ABA short for Applied Behavior Analysis formerly known as behavior modification is the use of behaviorism to modify human behaviors, as a learning or treatment process (Cooper, Heron & Heward, 2007). It is a science by which the basis of the analysis of behavior are applied consistently to better significant behaviors and in which experimentation is used to identify the variables responsible for change in a behavior (Cooper, Heron & Heward, 2007). Behavior analyst focus on the observable relationship of the target behavior to the environment, and thus use methods associated with ABA to change said behavior (Cooper, Heron & Heward, 2007). In applied behavior analysis, all experiments should include: (1) one or more participants, (2) one or more behaviors (dependent variable), (3) at least one setting, (4) a system for measuring the behavior and ongoing visual analysis of data, (5) at least one treatment or intervention, (6) manipulations of the independent variable so that its effects on the dependent variable may be quantitative or qualitative analyzed and (7) an intervention that will benefit the participant in some way (Cooper, Heron & Heward, 2007). During this paper two case studies will be recapped, target behaviors will be identified, each case will be within a subject experimental design where the participant will serve as their own experimental control and for each case there will be a provided systematic approach to clearly identify the problem (in this case an appropriate, quantifiable target behavior that is in need of change).
On what key assumptions should the management based their decision either to purchase the SCC or not? If the management decide to acquire SC, to what key considerations should the President devote his attention in order to make the acquisition an economic success and lastly how appropriate is BF’s hurdle rate of 12% for existing projects. The methodology adopted in carrying out this assignments include among others, checking the company’s background in terms of its acquisition strategy over time and its unique niche in acquiring Southern Comfort Corporation, analyzing the effect of Brown-Forman’s market strategy on the law of demand and supply in a slow market, carrying out swot analysis on the corporation and detailed interpretation of the available of financial data to determine the viability of the proposed acquisition. The limitation encountered is lack of relevant figures to be able to perform a net present value assessment on Southern Comfort. Also looking at the value of the investment over time with the repayment of the loan and the increase in capital value, it is
Identifying Principles or Concepts After completing the “Applying Supply and Demand Concepts” simulation the following concepts and principles were identified: demand and supply along with equilibrium as microeconomic principles, and shifts in demand and supply along with price ceiling as macroeconomic concepts. The previous concepts were identified accordingly because microeconomics analyzes from the parts to a whole; therefore, supply and demand and equilibrium as the small parts that affect the whole. In contrast macroeconomics analyzing from the whole to the parts reflects how the concepts of price ceiling and shifts in demand and supply are larger outside factors that affect the smaller internal parts. Supply and Demand Curve Shifts In the simulation there were multiple examples reflecting shifts in the demand curve as well as shifts in the supply curve. For any supplier, a higher price is an incentive to supply more; therefore, as rental rates increased, the number of apartments GoodLife was willing to lease also increased.
Lastly, Article Three, The Role of Faculty Study Abroad Directors: A Case Study, researched the impact that of the intercultural dimension of the Faculty Director role and its impact on students. Definition of Terms (Wright & Pandey, 2010) assert Transformational Leadership cultivates motivation, changes
This case will look at the potential sources of the problem, the data that should be analyzed, recommendations to increase data accuracy and how a consultant might address and improve the situation from an economist’s view of behavior. Background The Interwest Healthcare Corporation case in Managerial Economics and Organizational Architecture (2009) represents the challenges faced by Cynthia Manzoni, Chief Operating Officer and Vijay Singh, Chief Financial Officer (p. 38). Singh’s concerns were related
The working memory model was a hypothesis proposed by Baddeley and Hitch in 1974 as an extension of the multi-store model. Building upon Atkinson and Shiffrin’s research, the working memory model transformed the multi-store model from a unitary system to a set of systems within the short-term memory store (STM), highlighting the critical issue of oversimplification in the multi-store model. Working memory involves a central executive that controls and co-ordinates the operation of two subsystems: the phonological loop and visuo-spatial sketchpad. The central executive is considered the master drive, allocating data to the subsystems (visuo-spatial sketchpad and phonological store) and dealing with tasks such as mental arithmetic and problem solving. Whilst the central executive is the most important and versatile component of the working memory model, there is no empirical evidence demonstrating its existence or how it functions.
Supply and Demand Simulation Tamara Ray Eco 365 February 25, 2013 John Ilokwu Supply and Demand Simulation This assignment uses the Supply and Demand simulation on the student forum. The simulation is made up of several scenarios that present shifts in the supply and demand curves, including a reason for each shift. Following each scenario is an analysis of how the shift affects equilibrium and business decisions. Microeconomic and macroeconomic concepts and their applicability to the scenarios are also explained. Using the information from the simulation, one can appreciate how important sound business decisions are the key to success.
Week 1 Individual Analysis Week 1 Individual Article Analysis Rebecca Mouser ECO/365 Principles of Microeconomics May 13, 2013 Instructor Peggy Douglas Week 1 Individual Article Analysis “Economics is the study of how human beings coordinate their wants and desires, given the decision-making mechanisms, social customs, and political realities of the society” (Colander, What Economics Is, 2010). “In the study of economics, coordination refers to how the three central problems facing any economy are solved. The Three central coordination problems any economy must solve are what to produce, how to produce it, and for whom to produce it” (Colander, What Economics Is, 2010). “Economic theory is divided
ASSIGNMENT 1 CHAPTER 1 – Limits, Alternative and Choices 1. Economics may best be defined as the: A. interaction between macro and micro considerations. B. social science concerned with how individuals, institutions, and society make optimal choices under conditions of scarcity. C. empirical testing of value judgments through the use of logic. D. use of policy to refute facts and hypotheses.