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Teenagers, in deciding to choose oral sex versus "regular" sex, thought about not only the health consequences of oral sex in terms of their susceptibility to acquire sexually-transmitted infection or HIV / AIDS, but they also took into consideration that the cost of subsisting to oral sex is much, much lower than regular sex. This decision, of course, owes to the fact that there is a lesser chance for teenagers to be infected sexually, which could incur unexpected expenses (cost of doctor consultation, tests, and medicines, among others).
Choosing one's date or partner in life is also determined to be the work of economic decisions, particularly driven by the game theory. As the author pointed out, one's tendency to date a particular 'type' of individual (i.e., short, tall overweight, attractive, etc.) is dependent on the availability of these types during...
Harford qualifies, "…the importance of preferences is still less than the importance of the market opportunity" (66). In addition, the seemingly irrational decision to pay high salaries to managers and executives is demystified through the tournament theory, which Harford defined in this context by quoting the creator of tournament theory, Ed Lazear: "[t]he salary of the vice president acts not so much as motivation for the vice president as it does as motivation for the assistant vice presidents" (99). These issues are evidently best understood when the underlying economic, rational explanations are uncovered, dissected and organized in their correct contexts.
Reference:
Harford, T. (2008). The Logic of Life. NY: Random House.
Reference:
Harford, T. (2008). The Logic of Life. NY: Random House.
In short, it takes a little bravery to think about things in a serious manner and this includes our thoughts regarding courage. O'Brien writes, "Proper courage is wise courage (133) and it is also acting "wisely when fear would have a man act otherwise. It is the endurance of the soul in spite of fear -- wisely" (133). Courage is not something that can be conjured up on a
Endurantism on the other hand is a conception according to which things persist by being entirely present at different temporal stages. In other words it is against the view according to which one's identity can be divided into fragments. The focus is on the unity of the being. This means that today I am the person that I was yesterday and the person I will be tomorrow even if my
McDonald's has the vision of being the world's best quick-service restaurant experience (2001 Annual Report). The annual report does not note a mission statement, but the About McDonald's website lists the mission statement as "McDonald's brand mission is to "be our customers' favorite place and way to eat." Our worldwide operations have been aligned around a global strategy called the Plan to Win centering on the five basics of an exceptional
Mobile Computing: A Disruptive Innovation Whose Time Has Come The pervasive adoption of mobile computing devices, combined with cloud computing and the quantum gains in application software are creating a globally diverse collaborative platform. These elements taken together are deliver an exceptionally fast and pervasive level of disruptive innovation across all sociocultural and technology sectors (Bernoff, Li, 2008). The impact of this disruptive innovation is so significant that IT departments have
standard joke about America in the 1960s claims that, if you can remember the decade, you did not live through it. Although perhaps intended as a joke about drug usage, the joke also points in a serious way to social change in the decade, which was so rapid and far-reaching that it did seem like the world changed almost daily. This is the paradox of Todd Gitlin's "years of
Individuals and researchers should never underestimate the importance of critical thinking. Critical thinking affects each and every individual's life, as well as society in general, both in the short-term and long run. Examples of decisions involving critical thinking include economic choices, educational decisions, occupational choices, political decisions, religious choices, social choices, etc. What makes critical thinking so invaluable is that decisions made with little or no critical thinking frequently