Stroop Lab Report Essays

Stroop Lab Report Essays Stroop Lab Report Paper Stroop Lab Report Paper The word Blue when presented in blue ink, on the other hand is an example of a congruent-colored word. Because the left hemisphere has demonstrated an overall advantage relative to the right hemisphere on most verbal tasks, interference effects were hypothesized to be greater in the left hemisphere than in the right hemisphere (Balancer Camino, 2002). Numerous studies have been made in hope to fully understand the Strop effect, yet several issues remain open. The primary purpose of this duty was to determine whether the Strop phenomenon is equally strong in both brain hemispheres. Participants collected from our research methods lab were asked to complete an online experiment measuring the time of interference it took them to depict the color of the ink of the color-words. Furthermore, each color was assigned a number. For example, the ink color red was represented by the number two. The color words were also randomly presented in the center, left, and right of the screen to measure our hypothesis, which stated that incongruent words presented to the left hemisphere exhibit greater Strop effect than when they are presented to the right hemisphere. Along with our second hypothesis stating that there is greater interference (Strop effect) when color words are incongruent with their presentation color. The Strop effect can be denoted through the time of interference that it takes to name the ink color of a word, varying in word position and word color. Several accounts have been made to explain the Strop effect. In Manacles model of the Strop there is a slight into that hemispheric effects might be present; in theory, hemispheric effects are expected to be superior in the left hemisphere. Methods Participants A total of 87 subjects (76 Female, 11 Male), drawn from students in two research method labs, took part in a mufti-experiment study and were given course credit as compensation. Independent variables that were tested include: L Congruent vs Non-congruent c Left-presentation vs Centered-presentation vs Right-presentation c Input method: Keypad (37 participants, lab 1) vs Keyboard (50 participants, lab 2) The pendent variable that was measured in the study was reaction time. Procedure Research participants were to complete at least 72 trials. Each trial measured the time of interference it took them to depict the color of the ink of the color-words. Furthermore, each color was assigned a number. For example, the ink color red was represented by the number two. Each trial began with a plus sign, serving as a focal point on the computer screen. Research participants were to press a key when they were ready for a word to be presented. Following the key press was random delay of about 1 to 4 seconds before the word appears. Words then appeared written vertically on the screen for a fixed time. Four color words were used: red, blue, green and yellow. Words were randomly printed in a word-color congruent form or non-congruent form appearing at any of three positions (left, center, and right).

The Definition of Mother Tongue Plus the Worlds Top 20

The Definition of Mother Tongue Plus the World's Top 20 The term mother tongue refers to a persons native language - that is, a language learned from birth. Also called a  first language, dominant language, home language, and native tongue  (although these terms are not  necessarily  synonymous).   Contemporary linguists and educators commonly use the term L1 to refer to a first or native language (the mother tongue) and the term L2 to refer to a second language or a foreign language thats being studied. Use of the Term Mother Tongue [T]he general usage of the term mother tongue...denotes not only the language one learns from ones mother, but also the speakers dominant and home language; i.e., not only the first language according to the time of acquisition, but the first with regard to its importance and the speakers ability to master its linguistic and communicative aspects. For example, if a language school advertises that all its teachers are native speakers of English, we would most likely complain if we later learned that although the teachers do have some vague childhood memories of the time when they talked to their mothers in English, they, however, grew up in some non-English-speaking country and are fluent in a second language only. Similarly, in translation theory, the claim that one should translate only into ones mother tongue is in fact a claim that one should only translate into ones first and dominant language. The vagueness of this term has led some researchers to claim...that different connotative meanings of the term mother tongue vary according to the intended usage of the word and that differences in understanding the term can have far-reaching and often political consequences. (Pokorn, N. Challenging the Traditional Axioms: Translation Into a Non-Mother Tongue. John Benjamins, 2005.) Culture and Mother Tongue It is the language community of the mother tongue, the language spoken in a region, which enables the process of enculturation, the growing of an individual into a particular system of linguistic perception of the world and participation in the centuries-old history of linguistic production. (Tulasiewicz, W. and A. Adams, What Is Mother Tongue? Teaching the Mother Tongue in a Multilingual Europe. Continuum, 2005.) Cultural power can...backfire when the choices of those who embrace Americanness in language, accent, dress, or choice of entertainment stir resentment in those who do not. Every time an Indian adopts an American accent and curbs his mother tongue influence, as the call centers label it, hoping to land a job, it seems more deviant, and frustrating, to have only an Indian accent.(Giridharadas, Anand. America Sees Little Return From Knockoff Power. The New York Times, June 4, 2010.) Myth and Ideology The notion of mother tongue is thus a mixture of myth and ideology. The family is not necessarily the place where languages are transmitted, and sometimes we observe breaks in transmission, often translated by a change of language, with children acquiring as first language the one that dominates in the milieu. This phenomenon...concerns all multilingual situations and most of the situations of migration.(Calvet, Louis Jean. Towards an Ecology of World Languages. Polity Press, 2006.) Top 20 Mother Tongues The mother tongue of more than three billion people is one of 20: Mandarin Chinese, Spanish, English, Hindi, Arabic, Portuguese, Bengali, Russian, Japanese, Javanese, German, Wu Chinese, Korean, French, Telugu, Marathi, Turkish, Tamil, Vietnamese, and Urdu. English is the lingua franca of the digital age, and those who use it as a second language may outnumber its native speakers by hundreds of millions. On every continent, people are forsaking their ancestral tongues for the dominant language of their region’s majority. Assimilation confers inarguable benefits, especially as internet use proliferates and rural youth gravitate to cities. But the loss of languages passed down for millennia, along with their unique arts and cosmologies, may have consequences that won’t be understood until it is too late to reverse them.(Thurman, Judith. A Loss for Words. The New Yorker, March 30, 2015.) A Lighter Side of the Mother Tongue Gibs friend: Forget her, I hear she only likes intellectuals.Gib: So? Im intellectual and stuff.Gibs friend: Youre flunking English. Thats your mother tongue and stuff.(The Sure Thing, 1985)

Environmental History Essay Example | Topics and Well Written Essays - 1250 words

Environmental History - Essay Example The major cause of air pollutant in urban areas is transportation. The continuous increase in the number of vehicles leads to an increase in the quantity of petroleum usage resulting to production of high quantity of fumes. Among the gases produced, carbon dioxide stands out as major environmental pollutant. The high concentration of CO2 has been mainly attributed to deforestation and burning of fossil fuels in the industries. Smog has been another notable form of air pollution in the history of environmental pollution. It may be defined as the fog which is generated when nitrogen oxides and hydrocarbons undergo a photochemical reaction with the sunlight. This kind of pollution usually intensifies when abundant smoke particles are released into the atmosphere. During industrial revolution, a lot of smoke was produced leading to immense air pollution. So far, the worst kind of air pollution in the entire environmental history is the global warming. It may be described as the rise in the average temperature of the air on the oceans and on the surface near the earth. The rise in temperature has been observed from about 1950BC and is believed to be caused by human activity like deforestation and combustion of the fossil fuel. Its effects are devastating including changes in precipitation patterns, rise in sea level, glaciers retreat, and extinctions of species among others. To manage this menace, measures have stepped up to ensure that the concentration of the greenhouse gas is stabilized.

Technical Description of the Process of Sleep Essay

Technical Description of the Process of Sleep - Essay Example Other equipment used in support with EEG, is one that measures eye movements that is called electrooculogram or EOG. The Electromyogram (EMG) on the other hand measures the muscle tension under the chin of a subject. As stated in Sleep-Information about Sleep, the practice in studying sleep pattern is EEGs, EOGs, and EMGs are recorded simultaneously on a continuous moving chart paper. This then determines the activities of three aspects – the muscle activity, the brain activity, and eye movements. The NREM sleep and REM sleep occurs in a cyclic manner during sleep state (Sleep, Sleep Disorders, and Biological Rhythms. They interchangeably happen to an individual during his sleep. Sleep starts with periods of NREM and then REM. NREM state has four different stages as determined by the frequency and amplitude (brain wave’s magnitude of periodic variation) of the brain activity. The first NREM stage is characterized by very light sleep. NREM Stage 2 has special brain waves called sleep spindles (burst of brain activity visible on an EEG) and K-complexes (brief high-voltage peak in EEG as defined by Wikipedia.org). Stage 3 and 4 of NREM is described by slow brain waves and in Stage 4 of NREM, it is hard to wake the person up. NREM stage 4 is deep sleep and cannot easily be awakened by external factors. During NREM, the muscle activity remains active and body function is the same with the waking state. The difference is that there is no eye movement.

Etiquette Essay Example for Free

Etiquette Essay Discuss the importance of business and dining etiquette for international/global business students for their career success. Etiquette is a kind of rules that apply to social communications, professional workplaces and other important areas. In today’s business environment, proper business etiquette is a kind of business skills, which makes us stand out from others and makes a good impression to others, enhance our opportunities to be success (Sheahan, K. , 2013, para. 1) Proper business etiquette can help us to make a good impression during our job interviews. In a business environment, interviewers are more likely to be attracted by the interviewees who show good professional skills. Using proper business etiquette when we participate in a job interview can make a good impression to the interviewer, this increases our opportunity to be hired. For an instant, an interviewee who attends an interview on time, with proper wear, bring a pen to be in case, make more eye contact and understand the proper time to be the turn to speak has more chances of impressing the interviewer than the interviewee who is late or always talking without listening. These interviewees act good etiquette can make interviewers believe they are respected, professional and serious. Good business etiquette can promote our careers in the future (Sheahan, K. , 2013, para. 3). There is no doubt that the networking is significant for today’s business success, and etiquette is one of the key ways to build good relationships with others, so that our personal network could be expanded positively. There are number of business etiquette rules we should follow during our daily business activities, such as hand shaking, eye contact, and listen to others. And also dining business is very common in today, business dining etiquette is a kind of common business etiquette. If we do not understand the dining etiquette we may easily hurt our business relationship, so follow the dining etiquette is as important as daily face-to-face business etiquette (Hickman, K. , 2011, p90).

America’s Broken Immigration System Essay -- equal rights, human rights

There has been lots of controversy on the issues concerning a solution to America’s broken immigration system. Democratic and republican parties can’t seem to agree with one another, leaving reform at a stand-still. Democrats are focused on giving illegal immigrants a path to citizenship while Republicans are focused on border security. The fact is both of these approaches should work in unison with each other to provide the most efficient route in fixing immigration. Providing a path to citizenship has been labeled as granting amnesty. In 1986, President Ronald Reagan introduced an amnesty plan similar to the one being proposed as a solution for America’s current immigration problems. The 1986 bill required immigrants to prove they were not guilty of crimes, enforced stricter employment laws, and only applied to those who were here before 1982. Unfortunately, this bill failed. Fraudulent documents circulated throughout the system and nearly 90% of the 1.3 million agricultural applications were approved even though fraud had been detected in nearly one third of the applications (Swarns). Because of this failure, Republicans are reluctant to vote for amnesty today. Today’s immigration reforms however, have a much better chance than they did twenty seven years ago. Technology improvements will allow officials to more closely monitor and filter the legitimate applications. Electronic computer systems such as E-Verify will be put in p lace to help employers confirm legal status. E-Verify is an online program that compares mandatory I-9 work forms to the records of those that the Department of Homeland Security and Social Security have on the employees (â€Å"What is E-Verify?†). The program will provide employers with instant, secure, an... ...08 Dec. 2013. Matthews, David. "How To Prevent Businesses from Hiring Illegal Immigrants." The Washington Post, 30 Jan. 2013. Web. 07 Dec. 2013. O'Keefe, Ed. "A Narrow Border-security Agreement Could Pave the Way for Broad Immigration Reform." Washington Post. Washington Post, 29 July 2013. Web. 07 Dec. 2013. "Outline of the Border Security, Economic Opportunity, and Immigration Modernization Act of 2013." Scribd. Scribd, n.d. Web. 07 Nov. 2013. Press, Associated. "Senate Immigration Plan Would Stiffen Border Security, Increase Surveillance." Fox News. FOX News Network, 10 Apr. 2013. Web. 08 Dec. 2013. Swarns, Rachel L. "Failed Amnesty Legislation of 1986 Haunts the Current Immigration Bills in Congress." The New York Times. The New York Times, 23 May 2006. Web. 08 Dec. 2013. "What Is E-Verify?" Homepage. U.S. Department of Homeland Security, n.d. Web. 08 Dec. 2013.

Ethics Munson’s 5 Ethical Theories Essay

Ethics is a branch if philosophy that deal with ideas about what is morally good and bad. Ethics act as tools, giving us guidance when we need to make important decisions in personal and professional situations. There are biblical inferences that can relate to most if not all situations that we come across in our daily lives. God will not put us in any situations that we cannot be triumphant in. If the Bible is an absolute in all of these theories, so is Jesus Christ. The first ethical theory is Utilitarianism. Utilitarianism is the ethical theory that describes how the moral value or worth of an action is determined by how much benefit is gained from that action. It is measured by not only the amount of benefit gained but also the amount of people with benefits in the process. This theory hopes to provide guidance when choosing a course of action. Utilitarianism is divided into two groups based off of how they apply the theory. A Rule Utilitarian believes that the action is right if it results in happiness of great benefit (Munson, 2009). For example, the commandment, â€Å"thou shall not kill† is very straight forward and doesn’t leave room for interpretation. Someone who follows Rule Utilitarianism would strictly follow this rule by never committing murder or killing any living creature. An Act Utilitarian would decipher the commandment according to its greatest benefit. Act utilitarianism is the belief that an action is right if it is better than all of the other options as long as it yields the best results. In other words, there may be situations in which breaking the rules may be the best option. Breaking the commandment, â€Å" thou shall not kill† may seem wrong when looking at it from the surface, but if it is done to save the life’s of others it may yield the best result. The absolute that applies to Utilitarianism is the Bible. 2 Corinthians 9:7 says, â€Å"Each one must give as he has decided in his heart; not reluctantly or under compulsion, for God loves a cheerful giver.† This theory is about the best benefit and focuses on the amount of benefit as well as the amount of people it benefits. In order to achieve this, the reason for giving cannot be selfishly or self- motivated. Immanuel Kant’s deontological theory is the complet ely opposite of Utilitarianism. Kantian Ethics believes that right and wrong are not depended on their consequences but on whether the duty or task at hand is fulfilled. Kant theory is also reliant on the view that humans, unlike any  other creature, have the capacity to rationalize. He believes that a person’s feelings and inclinations should not play any part in motivating a chosen action. This theory does not work well in the field of healthcare. Feelings and inclinations are a necessity when working with human beings. Healthcare workers are not reading step by step instructions as if they are putting a car together, but instead are caring for a patient whose case is different and patient specific. Patients cannot be treated like a checklist. Although this theory eliminated any of the categories under the Bible: commandments, guidelines, inferences, and convictions; completion is a big topic in the Bible. God completed the creation of the world in six days, and rested on the seventh. Jesus Christ rose from the dead on the third day. In John 17:4, Jesus said to them, â€Å"My food is to do the will of Him who sent Me and to accomplish His work.† W.D. Ross believed that there was not one rule or principle that one must abide by. Instead he believed that we can progress through moral duties. Ross proposed that we have self-evident prima facie moral duties and that there are some things have intrinsic value (Ross, 2002). He believed we have the duty of fidelity or the duty to keep our promises, the duty of reparation or the duty to pay for harm done to others, the duty of gratitude or the duty to return favors, the duty of beneficence or the duty to maximize the good, and the duty of non-injury or the duty to refuse harm to others (Ross, 2002). For example, it is generally wrong to kill a person because it causes pain and is one of the 10 commandments. In order for it not to be wrong to kill, a person must have an overriding reason to do it such as saving the lives of others. Ross’s belief in overriding reason is very similar to that Act Utilitarianism. The Bible is an absolute in this theory as well. Ross puts emphasis on the duties we must uphold. The Bible lays out many duties given to Christians. One of the most popular lists is the Ten Commandments. Virtue Ethics is the approach that deemphasizes rules and duty, focusing on a person’s character (Munson, 2009). Character is an impor tant focus when choosing employees in the Healthcare field. I have worked in many healthcare areas and have worked with many people who truly were not in the field for the right reasons. Passion is a necessity when working with human beings. There are many workers who lack this characteristic and are simply in the field for monetary benefit. Although it may be impossible to completely rid the  healthcare field of â€Å"bad seeds,† providing an overflow of kindhearted, loving employees would definitely help. The Bible is an absolute in this ethical approach. Matthew 12:35 says, â€Å"The good person out of his good treasure bring forth good, and the evil person out of his evil treasure brings forth evil.† As a Christian we must make sure we are living our lives in God’s image. We are walking billboards for Christ and need to make sure that we act accordingly. As a Christian, this walk will definitely be hard and there will be many temptations along the way but our character will help us to choose the right path. Care Ethics argues that some duties cannot be justified by theories of right, justice, and utility (Velasquez, 2002). Care ethics believe that the most important factor is the concrete relationship with a person or persons (Velasquez, 2002). This theory is very evident in the healthcare fiel d and I find this theory most appealing. I have worked in the healthcare field for most of my career and realize that it is my duty to take care of and provide for each patient I serve. Through experience, I also realize that there are certain patients that I have been drawn to, and that I feel closer to. At my last job, I worked on the spinal cord injury unit. Most of my patients were fully depended on what I did for them. The interaction could be awkward as I was performing tasks such as showers, bowel programs, and diaper changes. I felt it my duty to make them feel comfortable and to let them know that I care. For a lot of my patients, I was the only family they had. No one ever came to visit them so our conversation was something to look forward to. As I worked with a patient every day, special bonds were formed. We celebrated any and all progress made. Whether it is something as small as moving a pinky for the first time or taking a first step after, everything should be celebrated. Both Jesus Christ and the Bible are absolutes in this theory. This job has also taught me to be more appreciative of the things I do have. It has taught me to stop complaining about little things. Most of my patients lived regular lives just as I do, and in an instance it was taken away from them. Most people unknowingly take things for granted such as being able to walk, talk, brush your teeth, and clothe yourself. Instead, we feel that the things are owed to us and that we are deserving of these things. The Bible and Jesus Christ are definitely absolutes in this theory. We as Christians yearn for a strong, deeper relationship with God and the best way to attain this is by  studying the word of God daily. Proverbs 8:17 says, â€Å"I Love those who love me; And those who diligently seek me will find me.† References Holy Bible Kant, I. (1785) â€Å"First Section: Transition from the Common Rational Knowledge of Morals to the Philosophical.† Groundwork of the Metaphysic of Morals. Munson, R. (2009). Intervention and Reflection: Basic issues of bioethics (9th ed.). Ross, W.D., (2002). The Right and the Good. Edited, with an Introduction, by Philip Stratton- Lake. New York: Oxford University Press: rpt. of original 1930 edition. Velasquez, M.G., (2002). Business Ethics: Concepts and Cases. Englewood Cliffs: Prentice Hall.

Herd Behavior in Financial Market Essay

Definition of herding On Friday 14 September 2007, when Northern Rock in the UK opened it branches, many customers wanted to withdraw their savings and à ¯Ã‚ ¿Ã‚ ½1 billion, about 5% of the total bank deposits were withdrawn that day. And on Monday 17 September, a similar situation happened in front of Northern Rock branches in the UK. Even though every customer does not have the same amount of information, they all decided to behave in the same way and some were following the others on the following days without any clear plan. People thought that they were going to lose their bank deposits and that type of bank customers’ behavior caused liquidity problem and made the situation even worse. However, none of the clients who kept their deposits lost due to the fact the British Government and the Bank of England would guarantee the safety of the deposits. How can we explain that kind of behavior? Originally Herding is a term meaning animal flocking behavior. And according to the definition of Wikipedia Herding is the act of bringing individual animals together into a group (herd), maintaining the group and moving the group from place to place-or any combination of those. Apart from this bank run case, Herd behavior describes how individuals in a group can act together without planned direction. POSSIBLE EXPLICATION AND MECHANISM OF HERD BEHAVIOR Animals’ Herd Behavior According to evolutionary biologist W. D. Hamilton’s theory animals are forming a group to reduce the danger of being hunted by predictors. As a unit, they are moving together to the same direction. Animals are behaving in the same way to minimize the risk on the behalf of self-protection. Maybe this kind of behavior sounds rational if the result is always optimistic but copying your neighbor can be the worst decision sometimes. When something goes wrong and someone leads the group to the wrong direction, the whole group is going to be in danger. Human Herd Behavior However, human herd behavior is much more complicated than animals’ one and several scholars tried to explain it. Friedrich Nietzsche referred it as â€Å"herd morality† and the â€Å"herd instinct† which explain the phenomena when a lot of people are behaving in the same way at the same time. And according to Thorstein Veblen’s theory, some people imitate the other people with higher status. Human beings are continuously competing with others in order to survive or surpass others, and they try to move faster in order to take advantage of the others. As the proverbs says the early bird catches the worm, they think the faster they make the decision or do whatever they can, the better it is. However, this does not always lead to success. Those decisions are based on the sources they have and the sources are Sanctions upon deviants – dictators put their rivals in the prison (opposition is not allowed) Preference interactions – some people are wearing Burberry coats just because the majority is wearing it while others prefer to wear coats with the colors they like Direct communication – someone from your reference group or someone with credibility says that s/he likes certain products Observational influence – you observe the consequences of others’ actions Based on such sources, people make decision whether to herd or disperse, but people are herding for different reasons and their behavior is classified into several models. Herding Models Payoff Externalities Models (also called Network Externalities) – If more people are using facebook, it will attract more people to use facebook. In this case, people feel like they have to participate in the same situation so that they can have the same benefits. Information Cascade Models – When you have a flood of information coming in, it is much more difficult to make a rational decision. Nowadays there are too many sources to consider and you can barely judge if information is true or false. In this kind of situation, people are getting irrational and they tend to make decision based on the decision of the majorities, and this situation is called information cascade which occurs when people observe the actions of others and then make the same choice that the others have made, independently of their own private information signals. They are seen in groups under immediate stress from external forces, such as herd behaviour. A cascade arises naturally when people usually see what others do but not what they know. Because it is usually sensible to do what other people are doing, even this can be against what the individual believes to be true. This behavior is independent from their own private information or opinion. Concept of information cascade is based on observational and social learning. People learn from their environment. Generally, people are oriented to avoid negative consequences of their decisions or behaviors. They wish to have positive results or effects. That’s why their behavior is related to social and observational learning. People subconsciously have the idea of ‘It is more likely that I am wrong than that all those other people are wrong. Therefore, I will do as they do’. Examples of Herding Behavior Bank runs: depositors running on banks when they observe other depositors doing so. More specifically, First; investors can observe in long run when others are running on banks. Second, forcing long-term projects to liquidate early possibly leads to shortfall of funds. From the payoff externalities model’s view, people are withdrawing their deposits because they feel like they are losing their money if they keep their money on the bank account. And from informational cascade model’s view, some people may think they are not going to lose their money on their bank account but they are following the others because they think they are not wise enough and others are withdrawing their money. In real case, Argentina experienced such a run in the last two days of November 2001, with total deposits in the banking system falling by more than 2 billion (US) dollars, or nearly 3 percent, on the second day of the run alone.1 Such runs were a common occurrence in the United States in the late nineteenth and early twentieth centuries and have also occurred in recent times in several developing countries, including Brazil in 1990 and Ecuador in 1999. Asian crisis of 97-98, herding and speculation infection The Asian crisis of 1997-98 that led to a regional economic fall in East Asia can be traced to overexpansion and under-regulation. The center of the Asian crisis was Thailand’s careless macroeconomic management that featured a fraudulent financial sector. The Asian expansion of the crisis was a due to the existing global financial integration (and similar export dependencies), current account inequities and attached exchange rates all mixed with the damaging effect of speculation and herding spreading all over the region. Resulting structural reforms and adjustments in Thailand and other damaged Asian nations came from the International Monetary Fund. A major result was a balanced exchange rate regime now prevalent in much of East Asia. Facts: During 1995 a number of experts started to wonder if the countries of Southeast Asia might be vulnerable to a macroeconomic crisis do to the poor administration of its financial procedures and to the volatility of their related economies. The main indicator was the rise of very large current account deficits among several Asian countries. Closer examination also revealed that several of the countries had developed some financial weaknesses: heavy investment in highly speculative real estate ventures, financed by borrowing from badly informed foreign sources or by credit from non regulated domestic financial institutions. It’s now known that during 1996 officials from the IMF and World Bank actually began warning the governments of Thailand, Malaysia, and other countries of the existing risks by their financial situation, and asked them to apply corrective policies. However, those governments rejected the warnings. On July 2 1997, after months of declaring that it would not happen, the government of Thailand abandoned its efforts to maintain a fixed exchange rate for its currency, the baht. The currency was quickly depreciated by more than 20 percent so within a few days most neighboring countries fell like Thailand. What forced Thailand to devalue its currency was the massive speculation against the baht, assumptions that over a few months had consumed most of what initially seemed as a large war of foreign exchange. And why were speculators betting against Thailand? Because they expected the baht to be devalued, of course. This kind of circular logic – in which investors escape a currency because they expect it to be devalued, and much of the pressure on the currency comes precisely because of this investor shortage of confidence – is the defining actor of a currency crisis and is known as Bank Run theory. In the context of a currency crisis, such behavior could mean that a wave of selling, whatever its initial cause, could be magnified through complete imitation and turn, into a rush out of the currency. Bank run in Thai currency devaluation can be viewed in two main behaviors. First; investors run when other investors are running the bank; a magnified opinion of a certain group starts to be spread in some others by just herding or imitation. Second, when banks that were investing in long-term projects were forced to liquidate early (because of the invertors running away), there was a potential lost of funds. Consequently, the last depositors to withdraw were left empty-handed (first-come, first-served limitation). BUBBLES Bubbles are sort of mass errors caused by the nature of herd. Even though there is a convincing evidence of bubbles, people are still overly convinced by their belief that market is efficient and rational. Therefore people are optimistic of their investment and they take part in the bubble. Some people may doubt the situation and find some evidence of bubbles but they still invest their capital in the market because others are doing it which is a sort of informational cascade. However, the bubble collapses and that sort of herding behavior makes the impact of the collapse much significant. The Dot-com Bubble The dot-com bubble (also referred to as the Internet bubble) was a speculative which had its climax on March 10, 2000, with the NASDAQ hitting up to 5132.52 but closing at 5048.62 in the same day. During the dot-com bubble period mostly the developed countries experienced the growth in the Internet sector and related fields. Companies such as Cisco Systems, Dell, Intel, and Microsoft were the dominant player of NASDAQ. And related to the Internet business a group of new Internet-based companies commonly referred to as dot-coms were founded. Just because of the fact that Companies had a name with an â€Å"e-† prefix to their name and a â€Å".com† the stock price was going up. Investors were overly confident of their future profits due to the advancement of technology and individual speculation while they overlooked traditional stock market value until the bubble was collapsed. Conclusion As we can see massive herding behavior turned out to be a cause of crisis at the end, and herd behavior is seen as something very negative to the market. As we have seen bank runs, bubbles, and several forms of crises. However, we cannot prevent from herding because it is a sort of instinct and it is closely related to psychological factors. Partially, individuals can make profit of their herding behavior as they are following famous investors such as Warren Buffet but the fact is that no investor can really avoid bubbles and forecast the coming crises. What we have to remember is the financial market is a complex of rational and irrational behavior and we can barely categorize them before the disaster happens. We have to be prepared of the consequence the herd behavior and be rational when the irrationality happens. Works Cited BIKHCHANDANI, S., 1998, Learning from the behavior of others: conformity, fads, and informational cascades BIKHCHANDANI, S., D. HIRSHLEIFER and I. WELCH, 2001. Informational Cascades and Rational Herding: An Annotated Devenow, Andrea and Ivo Welch, 1996, Rational Herding in Financial Economics, European Economic Review 40, 603-615 Ennis, Huberto M. and Todd Keister, 2009, Bank Runs and Institutions: The Perils of Intervention. Hirshleifer, David and Teoh, Siew Hong, 2011, Herd Behavior and Cascading in Capital Markets: A Review and Synthesis, MPRA Paper No. 5186

Tiger Essays

Tiger Essays Tiger Essays The princess had to decide whether to send the lover to the tiger or to the lady. The lover’s destiny was in the princess’s hands since she knew what was behind the doors. If the princess sent to the tiger, he would die and if she sent him to the lady, the lover would marry her. It was a tough decision because she hated the lady, she wanted to have a semi barbaric futurity with the lover but at the same time, she doesn’t want to see the horror of the tiger death and she wants to legitimize their love. The princess sent the lover to the tiger because of semibarbaric futurity, she dislikes the lady and she is semibarbaric. To begin with, she would send her to the tiger because she wants to see him in the semibarbaric futurity. The princess lost the lover because either way if he picks the tiger or the lady, the princess won’t have him anymore unless the lover could wait for the princess in the heavens until she dies. â€Å"Would it not be better for him to die at once, and go to wait for her in the blessed regions of semibarbaric futurity?† (Stockton, 9). Based on this, the princess has a religious belief so she believes they will be reunited in the heaven. Even if they can’t be together in reality, at least there is a chance for them to be together in the heavens. Secondly, the princess hates the lady, so she would send the lover to the tiger. The princess would not want the lover to be married to the lady. â€Å"It was one of the fairest and selected as the reward of the accused youth, should be he proved innocent of the crime of aspiring to one so far above him; and the princess hated her.† (Stockton, 7). The princess is jealous of the lady because she is more beautiful than her, She is also afraid that there might be something going on between the lady and the lover. â€Å"Often had she seen, or imagined that she had seen, this fair creature throwing glances of admiration upon the person of her lover, and some times she thought these glances were perceived and even returned.† (Stockton, 7). The princess thinks the lady is trying to steal the lover from the princess which makes the princess hate her even more. The princess would do anything to get the lover away from the lady. Lastly, the princess herself is semibarbaric making her more likely to send the lover to the tiger. The princess bribed and threatened people who were associated with the cages to find out the

Men of the Harlem Renaissance

Men of the Harlem Renaissance The Harlem Renaissance was a literary movement that began in 1917 with the publication of Jean Toomers Cane and ended with Zora Neale Hurstons novel, Their Eyes Were Watching God in 1937. Writers such as Countee Cullen, Arna Bontemps, Sterling Brown, Claude McKay, and Langston Hughes all made significant contributions to the Harlem Renaissance. Through their poetry, essays, fiction writing, and playwriting, these men all exposed various ideas that were important to African-Americans during the Jim Crow Era.   Countee Cullen In 1925, a young poet by the name of Countee Cullen published his first collection of poetry, entitled, Color. Harlem Renaissance  architect Alain Leroy Locke argued that Cullen was â€Å"a genius† and that his poetry collection transcends all of the limiting qualifications that might be brought forward if it were merely a work of talent. Two years earlier, Cullen proclaimed: If I am going to be a poet at all, I am going to be POET and not NEGRO POET. This is what has hindered the development of artists among us. Their one note has been the concern with their race. That is all very well, none of us can get away from it. I cannot at times. You will see it in my verse. The consciousness of this is too poignant at times. I cannot escape it. But what I mean is this: I shall not write of negro subjects for the purpose of propaganda. That is not what a poet is concerned with. Of course, when the emotion rising out of the fact that I am a negro is strong, I express it. During his career, Cullen published poetry collections including Copper Sun, Harlem Wine, the Ballad of the Brown Girl  and Any Human to Another.   He also served as editor of the poetry anthology Caroling Dusk,   which featured the work of other African-American poets.   Sterling Brown Sterling Allen Brown may have worked as an English professor but he was focused on documenting African-American life and culture present in folklore and poetry.  Throughout his career, Brown published literary criticism and anthologized African-American literature. As a poet, Brown has been characterized as having an â€Å"active, imaginative mind† and a â€Å"natural gift for dialogue, description, and narration,† Brown published two collections of poetry and published in various journals such as  Opportunity. Works published during the Harlem Renaissance include Southern Road; Negro Poetry and The Negro in American Fiction, Bronze booklet - no. 6.   Claude McKay   Writer and social activist  James Weldon Johnson  once said: Claude McKays poetry was one of the great forces in bringing about what is often called the Negro Literary Renaissance.† Considered one of the most prolific writers of the Harlem Renaissance,  Claude McKay used themes such as African-American pride, alienation, and desire for assimilation in his works of fiction, poetry, and nonfiction. In 1919, McKay published â€Å"If We Must Die† in response to the Red Summer of 1919. Poems such as â€Å"America† and â€Å"Harlem Shadows† followed.  McKay also published collections of poetry such as Spring in New Hampshire and Harlem Shadows; novels Home to Harlem, Banjo, Gingertown, and Banana Bottom.   Langston Hughes   Langston Hughes was one of the most prominent members of the Harlem Renaissance. His first collection of poetry Weary Blues was published in 1926. In addition to essays and poems, Hughes also was a prolific playwright.  In 1931, Hughes collaborated with writer and anthropologist Zora Neale Hurston to write  Mule Bone. Four years later, Hughes wrote and produced  The Mulatto.  The following year, Hughes worked with composer  William Grant Still  to create  Troubled Island.  That same year, Hughes also published  Little Ham  and  Emperor of Haiti.   Arna Bontemps   Poet Countee Cullen described fellow wordsmith Arna Bontemps as â€Å"at all times cool, calm, and intensely religious yet never takes advantage of the numerous opportunities offered them for rhymed polemics† in the introduction of the anthology Caroling Dusk. Although Bontemps never gained the notoriety of McKay or Cullen, he published poetry, childrens literature and wrote plays throughout the Harlem Renaissance. Also, Bontemps work as an educator and librarian allowed the works of the Harlem Renaissance to be accessible to generations that would follow.

Production and Marketing Department Assignment Example | Topics and Well Written Essays - 250 words

Production and Marketing Department - Assignment Example Through quality, the firm would be able to make more sales hence improving their scale of revenue. On the other hand, production department can lower operations cost by being efficient, creativity, good production and good management of resources in the organization. The two organs are in some way find it challenging to come to conscientious as to how they should operate. Production department usually try to find the best quality in order to meet their clients need as much as possible. How the customer expects the product or service to be like or perform is what drives them. Contrary, marketing department operates differently. Maximizing sales in the market in order to increase revenue to the firm is their major concern. Quality is never in their mind, and as long as they are making sales, they feel that they are doing the right thing. Specifications of the products also cause conflict among the two organs. Production section gives their specifications based on what they have produced and designed. With the marketing side aims at maximizing sales of the company, they always try to make specification appealing to the customers which may not always be the case. This becomes a challenge to the management since they need to close the gap to avoid it affecting reputation of the company. Perceived and actual quality should not have a huge gap between them. Marketing segment gives promises to the customers explaining how good and effective the product is. If it performs below the target, it always lays its finger in production unit for making them overstate the product’s performance, creating further conflict. In conclusion, organizations achievements are based on how they operate. It is important to have production and marketing department working together to avoid challenges explained above. If each unit does only its core role, conflicts are bound to arise.