Set of Economics Problems Essay Example | Topics and Well Written Essays - 500 words

Set of Economics Problems - Essay mannequinThis phenomenon is explained with the help of a model. First of all Assume an economy composed of n citizens, with one of them suffice the role of a self interested public official. This official is considering whether to implement a project. Here we postulate a situation where there is only one citizen i who derives positive usefulness from the project Ui 0. all(a) other citizens in the economy including the public official derive utility U-i 0.The public official may corrupt citizen i by proposing a payoff, which the citizen may accept or reject. For each unit of bribe b, we also assume citizen i suffers a cost (1+), with 0. We assume Ui 1+ U-i and complete information.Sub-game Nash Equilibrium is utilize in dynamic games. More informally, we can say that it means if the players used to play any small game that consisted of one part of the larger game because their behavior symbolizes Nash equilibrium of the smaller game. I n any finite game like one mentioned above, we implement a common method of opposed induction in which one considers the last actions and outcomes of the game first and determines which actions would be required to maximize utility in possible circumstances. For example the public official is proposing bribe and corrupt the citizen i keeping in mind his own benefits. However, the citizen may accept or reject the bribe. In case if the citizen accepts the bribe then it will include in corruption on the part of the public official as surface as the citizen to maximize their own benefits. Furthermore, this corruption results in social inefficiency and harming the overall economic growth of the country.Now, imagine the project is a driving license for citizen i and citizen i is a dangerous driver. In such a case there would be negative externalities of the project for all other citizens. However, these negative externalities ar small.

IFSM Essay Example | Topics and Well Written Essays - 250 words

IFSM - raise Examplewill consist a member from each of the departments in the guild and a raising on how to use and implement the IT programs should be facilitated by Carol and her team. The methodology for IT governance in the company should be through data sharing with all the relevant departments who consist of the governing organic structure.The responsibilities of the governance frame include inspection of data available through the IT systems, suggesting news ways or areas that need IT programs and find out the program runs smoothly. Carol will need the support of each and every member of the governing body to ensure that the IT strategic plan works out as expected. The prioritization of the IT projects should be guided by grocery demands, customer retention and competition. Carol and her team should explore the new IT approaches used by their competitors and implement them in the company in a better way. Tracking should be the first IT project to be implemented, next b y a Mobile APP that enables customers to pay for services at the comfort of their

Discussion #3 Essay Example | Topics and Well Written Essays - 500 words

news 3 - Essay ExampleHowever, on this particular occasion, it was cold and windy and as my partner my executive program on this occasion - and I combed by alleys, we came across an old man who was being held at gun point by a early days male. We soon discovered that the point of dispute was an cheater bag that the old man carried which was bulging with dollar notes. The young male was demanding that the bag be give over. My superior officer intervened and ordered the young man to step back, but it turned out he had a gun and tried to shoot him. In the ensuing conflict, my superior officer shot the young man and killed him.The old man was effusive in his gratitude and rose, clutching the bag to his chest. Thats when I received a shock. My superior urged me to kill the old man so we could snatch the money and divide it among us. He had purposeless his own bullets on the young man and therefore ordered me to do it. I flatly refused, since it was my tariff to rescue the victim s, not shoot them because of sudden, overpowering greed, which had obviously overcome my superior officer.This was the first time I deliberately disobeyed an order and it led to a hands on battle between my supervisor and myself with him move to grab my gun from me. I yelled at the old man to run off and suffered through a severe beating from my officer which left me half dead. I later brought charges against my superior officer before a military tribunal.I became a man that day, when I had to truly face up to what my own values were in a situation where I could have possibly escaped and gotten away with killing the old man and dividing the loot with my supervising officer. However, the fact that it was ethically and morally price to remove the property of another was one consideration which restrained me. Another was the fact that it seemed morally very wrong to attempt profit during a time of calamity, when the old man

Is It Right to Act in One's Own Best Interest, Or to Obey the State Essay

Is It correctly to Act in Ones Own Best Interest, Or to Obey the State - Essay ExampleSocrates reason of the legal obligations is ground on the personal morality analogies. He argues that there are two strike reasons why people are obliged to obey the law the reasons are gratitude and contract. In gratitude, the law plays a role for us just like the role played by individuals whom we are mandated to be grateful. In contract, Socrates decided to obey all the laws (Green 1). Socrates applies the general moral principle or rule, which he and Crito (his friend) accept as valid after deep reflection. They agree that we are not suppose to harm others, we are supposed to honor our promises, and that we are supposed to respect or obey our teachers and parents. Socrates uses the principle in his case and argues that if he escapes he will do harm to the society, fail to honor a promise, and he will be disobeying or disrespecting his parents and teachers. He then concludes that it is his m oral obligation to obey all the citys laws despite the fact that the sentence and the conviction were wrong (Frankena 1). ... Therefore, if the law was calve of the contract or the agreement, then based on the general theory, he was obliged to obey it (DAmato 10). The moral commitment of Socrates to obey the laws necessarily entails bounteous a portion of his feature ethical standards to the tribunal. However, his teachings taught that each individual was supposed to think for himself and discover what is morally right and what the truth is. Socrates was of the opinion that there are some immutable standards of wrong and right determinable through the process of logical thinking. He further believed that no individual is supposed to follow (without circumspect consideration) the teachings of another individual even if everyone else accepted his teachings in the universe. Thus, one may argue that Socrates was inconsistent in submitting to the presentation of the law by the cou rt of law. Socrates was not lured by the urgings of his friends to escape. His decision was based on his own path of behavior because he thought it to be right. However, the path he chose to follow consisted of delegation of his part of his own set of ethics to Athens lawmaking authorities, such that they, and not him, decided that that the law sentencing him to oddment was morally just and right (DAmato 12). Socrates Being Obliged to Follow the Law by the State The diversity between justice and truth is a confusing concept that perhaps surrounds the manner in which Socrates sentencing proceeded. On one hand, following the law demands that the state is built on principles of justice in an attempt to introduce order in the society. Justice in law entails dedicating the interests of the society and its perceptions of the right

International Institute of Finance Essay Example | Topics and Well Written Essays - 2000 words

International Institute of pay - Essay ExampleIIF has a robust Knowledge space in the form of its website which is used to bear above packaged knowledge in part of full to public and members. Knowledge events include briefings, meetings, seminars, conferences, moldshops, rung visits to information sites, collaborative efforts to bring together global financial lenders, etc.Firstly, CRM can avail IIF to underwrite the increase in its membership imbruted (from 150 in 1996 to 20,000 in 2001). CRM will handle appoint of members with appropriate information, such as contacts, areas of interests, history and other related information. So IIF can create groups and subgroups of members, ramify them by various parameters, send them adequate promotion information, and notify them about potentially interesting events. Although IIF does not have revenue goals, all these improvements will raise quality of services, members satisfaction and loyalty and facilitate work of stave of IIF.Sec ondly, CRM can provide staff and members of IIF access outside of the office that increases flexibility and mobility for both staff and members. It is true that top managers of banking and financial institutions travel a lot, so access to IIF knowledge base via lucre from anywhere on Earth will be very useful for them.ThThirdly, CRM will provide underfur for interaction of members with potential members, for example, via newsletters, online discussions, publications, meetings and other forms of communications. So marketing to potential members will be supported.The proposed CRM is much correct then Access database, what IIF is currently using. To begin with, use of Access was limited to IIF premises its traveling staff could not access it in travel. Also, it had limited versatility in that it abruptly aborted when accessed by more than five users simultaneously. Then, membership-billing agreement was separate and membership department sent bills manually to members. Similarly ev ents department had to collect events registration dilate from IIF website and re-key it in the Access database system. So Access database does not meet current needs of IIF.The new CRM moldiness meet managements strategic objective to have robust activities even with incredibly increased client base and offer members a comprehensive user interface. More importantly, the management wanted an integrated view of CRM, billing, report and events management alongside making its databases accessible to mobile staffers and public-members or non-members. The new CRM included not nevertheless all of the above in its design but also had the capability to handle increased staffers look for efforts warranted by dynamic economic scenarios in emerging markets.The value of designing the system with an open computer architecture Before talking about open architecture, I would like to mention that an architecture-first approach would really help in the situation. An early focus on the architectu re results in a solid foundation for the 20% of the stuff (requirements, components, use cases and risks) that drives the overall success of the project. Getting the architecturally important components to be well mute and stable before worrying about the complete set of different features should make

The impact of intelligence on foreign policy Essay

The clash of intelligence agency on external constitution - Essay ExampleIt is a ration tout ensembley accepted fact that no subject in the world is as complex as foreign affairs and therefore to devise a foreign policy. The reason lays with the fact that in foreign policy making decisions, the policy makers have to deal not just with natural facts such as natural disasters and disease only if also with social facts such as human beings, who change their minds and endure intuitively and creatively. Natural facts behave according to some rise up defined natural phenomenon or law and they always obey the kindred course of action while human behaviors and interests are the most unpredictable. Further, social facts are embedded in different cultures. People from different cultures interpret the same facts differently. Individual human beings and diverse cultures create seven-fold meanings from the same set of facts. Given this enormous complexity, how does an individual make a ny sense at all out of world(prenominal) affairs? Hence intuitively even a common observer of inter field of study events can guess that a foreign policy decisions are not only the takings of eight-fold considerations and interests but also significantly manipulated by these considerations and interests. Substantial recent progress has been made towards understanding foreign policy making decisions. International relations theory has long refused to consider the complexity of international phenomena and it has seek to simplify the foreign policy put to work in order to build an elegant causal theory.... by the bye analysis needed to devise their policy options, to reach critical decisions and to implement the final policy mandates. Unless this process is well dealt with, the other moves made by intelligence to collect and analyze information might well be wasted. Since the role and impact of intelligence materials are very difficult to analyze, because of both confidentiality and intangible or definitional problems hence the key question rises how closely intelligence producers work influences the policymakers to maintain and achieve their objective. A artless guideline and insight was given by Henry Kissinger, former Secretary of state. According to him the role of intelligence in foreign policy is only to pave a way in making national policy. Anyone concerned with national policy must have a profound understanding interest in making sure that intelligence guides and does not follow national policy2.Foreign policy is considered as the result of a struggle among the decision-makers goals and constraints. The decision makers capacity to further his objectives entrust be dependent on the operator at his disposal and the constraints he faces - such as the relative strength of other political actors trying to influence foreign policy. If a decision-maker is constrained by the demands of political stability, foreign policy will be more reactive rather tha n proactive, in the sense that it will seek to satisfy the demands of brass rather than state power. The collapse of the Soviet essence and hence the end of cold war solely changed the geopolitical environment in which the intelligence community operates. Although nuclear forces in the former Soviet Union

Crisis Response Case Essay Example | Topics and Well Written Essays - 1500 words

Crisis Response Case - Essay exampleTherefore, it is necessary to check with our surveillance system. We know that a security card is required to clear access in Biomed laboratory. In addition, video system is also placed for monitoring that all the activity in side the premises. Universal Refuse Co. is contracted to remove the potentially dangerous discards from the plant location, therefore they have too regular access of Biomed premises. Therefore, we stinker share this information with Universal Refuse Co. so that they can too help finding the solution and tracking the anonymous caller.The most important thing in any crisis is to eliminate bureaucracy, establish relationships before a crisis with those you will need in the event of a crisis and know who you can count on when needed. Therefore, it is required to inform the CEO Karen Lewis, although she is out for a get together at San Diego and will not return before Saturday morning. She can co-ordinate from there and can c ook appropriate instructions that redirect the crisis plan.At the time of crisis, a crisis team, communication officer and plan on with crisis communication center equipped with phones, computer and phone machines is required. In addition, a crisis management firm in case of emergencies is needed. Fortunately Biomed have all of this. Moreover, good relationship with press is also required at this time. As we know that the Vice President of Operations and Development has a scientific and medical basis and manages the work of Biomed chemists, physicists, engineers and biologists and is articulate in explaining the work done at Biomed. Therefore, he should be placed along with communication officer for giving answers of all the queries that comes.At the time of crisis, it is important to form partnerships, listen to exoteric concerns and be open and honest. Anonymous caller has given threat of placing the AIDS virus samples in food in buffet lines and in bottled water as examples

Community and Traditional Policing Research Paper

association and Traditional Policing - Research Paper ExampleHowever, fraternity policing is seeking strategic integrations of the constabulary operations with the wide-cut mission of the police department, with an aim of fostering a practical deterrence of iniquity (Scheider 1). Nevertheless, the paper volition compare conventional and companionship policing, identify both benefits and limitations of the strategies, and identify the ranks responsibilities in the implementation summons of these strategies. In the next section of the paper, the SARA model of policing will be explored while identifying the operational strategies through the implementation process in the police department, and finally, discuss opinions on community policing and effects on the police department operations. comparison Community and Traditional Policing The responsibility of partnership and sharing of crucial information among the law enforcement agencies has been emphasized by traditional polici ng, at the state, local, and federal level. In fact, information concerning a suspected criminal can be shared among different law enforcement agencies in order to facilitate the process of arrest. On the other hand, community policing focuses on supporting a wider range of communication among the police departments concerning effective resolution to problems caused by cases of crime. Moreover, it seeks an enlargement of the relationship among the law enforcement agencies, which entail not-for-profit organizations, businesses, media, members of the community and nongovernmental law enforcement agencies (Maguire and Wells, 5). Therefore, the partnership entails involvement of various parties and sharing of crime and necessary information with different groups, instead of focusing on the development of practical remedies to the problems faced by members of the community. The foundation of police departments is based on activities of traditional policing, though these operations are n ot correspondent to community policing. In fact, community policing focuses on a different perspective, though modification and alteration of the changes concerning the perspectives of traditional policing. Therefore, these activities make a substantial contribution to the advancement of community policing philosophies, which increases the capacity of enhancing the services offered by the police department. On the other hand, community policing is supporting application of strategies that facilitate rapidity in responding to crime situations. However, light in time consumed in responding to a crime does not guarantee chances of arrest for prevention of crime. In fact, community policing facilitates the determination of the public and police department in increasing the rapidity in responding to the grief calls based on their nature, thereby matching the expectations of their policies. Moreover, the police are encouraged to increase the way in which victims of crime can report var ious incidences such as application of online coverage systems or volunteers to move in these reports. Therefore, community-policing focuses on increasing the effort, through which strategic response can be developed in situations of crime. In traditional policing, there are chances of increasing the frequency of arrests in cases of crime, which is considered a solution to crime colligate problems in the society. In fact, these arrests are significant to the police department, though they are not considered effective ship canal of solving problems in the community, due to consideration of other offences that fail to result to an arrest. Benefits and Shortcomings of these strategies One benefit of applying community policing is a reduction of fear associated with crime in the society, whereby there is increased presence of police officers in the residential areas thus,

Electric motors Essay Example | Topics and Well Written Essays - 1250 words

Electric motors - hear Example(i) DC force back This motor uses a DC watercourse. An armature is placed between magnetic rods, cognize as field poles. Field poles remain stationary and provide the static magnetic field which runs from northwards Pole to South Pole. The armature is mounted on bearing and there is winding of conduction wire on it. When a DC current is made to pass through the windings on the armature, it becomes an electromagnet and the interaction between the pole magnet and the armature electromagnet forces the armature to turn until North and South poles of the two magnets align. Once this happens direction of the current in the armature windings is change by reversal to switch the North and South poles using a Commutator and thus the armature keeps on rotating 2. (ii) AC Motor It consists of a stator and a Rotor as shown in Fig. 1 3. As implies by the name Stator is the stationary character. It consists of number of magnetic poles arranged in a cylindrical symmetry around the rotating component or the Rotor. As an AC current passes through the Rotor, it experiences a torque which rotates it and this rotation is coupled to outer load through a suitable drive mechanism. Fig. 1 Schematic Diagram Showing split of an AC Motor 3 (iii) servomechanism Motor It is primarily a DC motor, but is much more than refined one. It consists of a sensor to sense position of the shaft and used this as feedback to control race of the DC motor 4. Q1. (b) (i) Applications of Motors DC motor It is much easier to control induce in case of DC motors and therefore, these motors are preferred for applications where speed control is precise important. Computer disc drive is one very important application of DC motor. AC motor It is inexpensive however, the speed control is not good. cardinal typical application of an AC motor is to drive fans where speed control is not so critical. Servo Motor It is feedback controlled system and hence it is used for app lications which need precise position and speed control. One much(prenominal) application is drive for CNC stage, where control of position and speed is very critical. Q1. (b) (ii) Speed Control DC Motor In a DC motor the back electromagnetic force and torque is given by the following equations. Back electromagnetic force E = K?N Torque T = K?Ia Where E = electromagnetic force developed at armature terminal (volt) ? = field flux which is directly proportional to field current N = speed in RPM (revolutions per minute) T = electromagnetic torque Ia = armature current K = an equation constan Therefore, speed of DC motors merchant ship be controlled by controlling either armature potential or field current. AC Motor Control of speed is difficult for AC motors. Speed of a synchronous AC motor is given by the following equation 5. Ns = 120 f / P Where f = relative frequency of the supply frequency P= number of poles It can however, be controlled by using variable frequency drive, becau se speed of an AC motor can be controlled by controlling frequency of AC supply only. Servo Motor It is a DC motor only so speed can be controlled in the same manner as in case of a DC motor. It uses a feedback system to control its speed. Q1. (b) (iii) Two Limitations DC Motor Power is limited due to problem in commutation at high size. This limits application of DC motors for high power applications. Besides, there can be sparks from the commutator especially at higher powers. Therefore, a DC motor cannot be used in hazardous and fire prone areas. AC Motor Speed control is more difficult. Cannot be