Racism Essays (1212 words) - Racism, Discrimination, Hatred

Racism RACISM TODAY...Everybody jumped on him, beat the hell out of him... Everybody was hitting him or kicking him. One guy was kicking at his spine. Another guy hitting on the side of the face... He was unconscious. He was bleeding. Everybody had blood on their forearms. We ran back up the hill laughing... He should have died... He lost so much blood he turned white. He got what he deserved (Ridgeway 167.) The skinheads who performed this random act of racial violence in 1990, had no reason to brutally beat their victim other than the fact that he was Mexican (Ridgeway 167). Racism is objectively defined as any practice of ethnic discrimination or segregation. Fortunately, racial violence is steadily declining as the turn of the century approaches. Now a new form of racism, covert racism, has recently sprung from the pressures of political correctness. This new form of racism, although slowly declining, still shows signs of strong support (Piazza 86). Covert racism assumes a form of civil disobedience against politically correct thought and speech. Essentially, covert racism is a hidden racism, or a racism not easily detected (Piazza 78). Racism is still strongly prevalent in today's society (Gudorf 3). The three different basic forms of racism, open racism, violent racism, and covert racism all express forms of hatred towards distinct ethnic groups (Bender 47). These basic forms of racism, although different in form, all have the same main purpose, to promote racism. Open racism expresses freedom of racial thought and speech. Open racists promote their views through strictly persuasionary tactics. This form of racism is allowed in our society because of the First Amendment. Open racism is currently almost nonexistent and steadily declining, because it is considered politically incorrect and socially unacceptable. Violent racism promotes racism through violence, fear, and persuasionary tactics (Leone 49) This form of racism is not protected by the First Amendment because it promotes violence to express its ideas. Unfortunately many violent racial groups claim they do not promote violence, and therefore these groups are protected by the First Amendment because not enough sufficient evidence exists to prove their violent intent (Ridgeway 123). Covert racism expresses ideas of racism in disguised forms; sometimes the covert racist is not even aware of the fact that he is racist. Racism, it is asserted, is no longer blatant: people nowadays are reluctant to express openly their dislike of and contempt for minorities, indeed are not prepared to express publicly a sentiment that could be interpretted as racist. Racism, it is said, is subtle: it is disguised, kept out of sight (Enrlich 73) The suggestion that there is a new racism--a racism that has a new strength precisely because it doesn't appear to be racism--deserves serious consideration (Piazza 66). Avoiding minorities on the street and denial of a public benefit to a minority which would be awarded to a white are examples of covert racism. Since it is no longer politically correct to openly express one's racist views, people therefore favor disguised, indirect ways to express their bigotry (Piazza 68). Covert racism is the most abundant form of racism in our society today. What causes racism? Unfortunately, the answer is much longer and detailed than the question. The three main causes for racism are: racism has become part of our heritage, right-wing racial and political groups, and pride in one's own race. Practically since the dawn of man's existence man has undoubtedly noticed differences between races. Racism's presence throughout the formation of our culture is quite evident (Tucker 17). Frequently throughout history the ethnic group with the most power has assumed that its race and culture are superior to others. The same incident even occurred in America with the introduction of slaves. Throughout American history, racism has been strongly prevalent. Racism's roots lie deep within the foundation of our society (Tucker 19). These roots undoubtedly are the source for a great many of the racist groups and covert racism ideas found throughout our society. Extremist social and political groups, particularly those advocating right-wing policies of racial inequality, promote racism as well. These groups serve as the epitome of racial thought and speech (Ridgeway 10). The following represent various racist groups found

Free Essays on Development of Intimate Relationships

Section One : Relationship Formation The formation of relationships has always been of interest to researchers of social psychology, but it was not until the 1970s that the bulk of theory began to emerge. It was during this time that a wide range of paradigms were developed, but "the domain of relationship development is awesomely vast and incompletely charted" (Duck & Gilmour, 1981a, p vii). Two theories that emerged in the 70s were social penetration theory (Altman & Taylor, 1973) and another based around attraction by Levinger and Snoek (1972). Both stem from the social psychological paradigm and offer two useful and complementary models of relationship development. A. Social Penetration Theory Social Penetration theory was devised by Altman and Taylor in 1973 in an attempt to explain the development of interpersonal relationships from strangers to good friends. They propose that relationship formation will proceed gradually and in an orderly fashion, through reciprocal exchange from non-intimate, relatively unemotional aspects of the selves to intimate, private and vulnerable central core aspects of the selves (Duck & Gilmour, 1981a, p 15). The events that occur in the formation of any relationship are, according to Altman and Taylor (1973), encompassed by four "social penetration processes": verbal exchange, nonverbal use of the body, use of physical environment, and interpersonal perceptions. All of these processes occur in different ways at different levels of intimacy and encounter. Verbal behaviours provide the informational content of an interaction while nonverbal behaviour involves use of the body, such as postures and position, gestures, limb and head movements, facial expressions such as smiling, eye gaze, etc. Use of the physical environment includes manipulation of spatial features including personal space between people and of physical objects and areas. All of these communicative behav... Free Essays on Development of Intimate Relationships Free Essays on Development of Intimate Relationships Section One : Relationship Formation The formation of relationships has always been of interest to researchers of social psychology, but it was not until the 1970s that the bulk of theory began to emerge. It was during this time that a wide range of paradigms were developed, but "the domain of relationship development is awesomely vast and incompletely charted" (Duck & Gilmour, 1981a, p vii). Two theories that emerged in the 70s were social penetration theory (Altman & Taylor, 1973) and another based around attraction by Levinger and Snoek (1972). Both stem from the social psychological paradigm and offer two useful and complementary models of relationship development. A. Social Penetration Theory Social Penetration theory was devised by Altman and Taylor in 1973 in an attempt to explain the development of interpersonal relationships from strangers to good friends. They propose that relationship formation will proceed gradually and in an orderly fashion, through reciprocal exchange from non-intimate, relatively unemotional aspects of the selves to intimate, private and vulnerable central core aspects of the selves (Duck & Gilmour, 1981a, p 15). The events that occur in the formation of any relationship are, according to Altman and Taylor (1973), encompassed by four "social penetration processes": verbal exchange, nonverbal use of the body, use of physical environment, and interpersonal perceptions. All of these processes occur in different ways at different levels of intimacy and encounter. Verbal behaviours provide the informational content of an interaction while nonverbal behaviour involves use of the body, such as postures and position, gestures, limb and head movements, facial expressions such as smiling, eye gaze, etc. Use of the physical environment includes manipulation of spatial features including personal space between people and of physical objects and areas. All of these communicative behav...

Biography of Miriam Benjamin, Inventor of Signal Chair

Biography of Miriam Benjamin, Inventor of Signal Chair Miriam Benjamin (September 16, 1861–1947) was a Washington, D.C. school teacher and the second black woman to receive a patent in the United States, given to her in 1888 for an invention she called a Gong and Signal Chair for Hotels. This device might seem to be a bit quaint, but its successor is still used daily- the flight attendant call button on commercial aircraft. Fast Facts: Miriam Benjamin Known For:  Second black woman to receive a patent, she invented the Gong and Signal Chair for HotelsBorn:  September 16, 1861 in Charleston,  South Carolina  Parents: Francis Benjamin and Eliza BenjaminDied:  1947Education: Howard University, Howard University Law SchoolAwards:  Patent number 386,289Notable Quote: From her patent application: The chair would serve to reduce the expenses of hotels by decreasing the number of waiters and attendants, to add to the convenience and comfort of guests and to obviate the necessity of hand clapping or calling aloud to obtain the services of pages. Early Life Benjamin was born as a free person in Charleston, South Carolina, on September 16, 1861. Her father was Jewish and her mother was black. Her family moved to Boston, Massachusetts, where her mother  Eliza hoped to give her children access to good schooling. Education and Career Miriam attended high school in Boston. She later moved to Washington, D.C. and was working as a schoolteacher when she received her patent for the Gong and Signal Chair in 1888. She continued her education at Howard University, first attempting medical school. These plans were interrupted when she passed the civil service exam and got a federal job as a clerk. She later graduated from Howard University law school and became a solicitor of patents. In 1920, she moved back to Boston to live with her mother and work for her brother, noted attorney Edgar Pinkerton Benjamin. She never married. Gong and Signal Chair for Hotels Benjamins invention allowed hotel customers to summon a waiter from the comfort of their chair. A button on the chair would buzz the waiters station and a light on the chair would let the wait staff know who wanted service. Her patent notes that this invention would serve to reduce the expenses of hotels by decreasing the number of waiters and attendants, to add to the convenience and comfort of guests and to obviate the necessity of hand clapping or calling aloud to obtain the services of pages. Anyone who has tried to get the attention of a waiter, especially when they have all seemingly disappeared into the woodwork, might wish this had become a standard in every restaurant. Patent number 386,289 was issued to Miriam Benjamin on July 17, 1888. Her invention received attention from the press. Miriam Benjamin lobbied to have her Gong and Signal Chair adopted by United States House of Representatives, in order to signal pages. The system that was eventually installed there resembled her invention. The Inventive Benjamin Family Miriam was not alone in her inventiveness. The Benjamin family made use of the education their mother Eliza valued so highly. Lude Wilson Benjamin, four years younger than Miriam, received U.S. Patent number 497,747 in 1893 for an improvement on broom moisteners. He proposed a tin reservoir that would attach to a broom and drip water onto the broom to keep it moist so it wouldnt produce dust as it swept. Miriam E. Benjamin was the original assignee for the patent. Edgar P. Benjamin, the youngest in the family, was an attorney and philanthropist who was active in politics. But he also received U.S. Patent number 475,749 in 1892 for a trousers protector, a clip to keep trousers out of the way while bicycling. Death Miriam Benjamin died in 1947. The circumstances of her death are not published. Legacy Benjamin was the second African-American woman to receive a United States patent, after Sarah E. Good, who invented the folding cabinet bed three years prior in 1885. Benjamins invention was the precursor to the flight attendant call button, a key tool for customer service in the airline industry. Sources Brodie, James Michael. Created Equal The Lives and Ideas of Black American Innovators. William Morrow and Co. Inc., 1993Mahoney, Eleanor. â€Å"Miriam E. Benjamin (1861-1947) BlackPast.†Ã‚  BlackPast, 14 Mar. 2019.Miriam E. Benjamin: African American Inventor. MyBlackHistory.net.

Abortion is Just As Immoral As Murder Essay Example | Topics and Well Written Essays - 1250 words

Abortion is Just As Immoral As Murder - Essay Example I believe that abortion is one of the many ways that is slowly destroying and wearing away the principles and integrity of civilization. Many women make so many excuses to abort the child that is growing in their womb. They believe there are numerous ethical reasons to abort their children such as fear of having or raising a child, rape, or not having enough money to raise up a child in a good and stable world. Whatever the situation might be, the only conclusion of the matter is: it was the woman’s choice to engage herself in sexual relations and therefore, must face the consequences and effects that she knows will eventually happen. There is never an adequate reason to consider aborting an unborn human being as ethical. First of all, in whatever case, the unborn child does not have any fault to the suffering or pain that his or her conception might have caused so taking away their life is inequitable. It is solely of the parents’ doing and the parents, therefore, are the only ones accountable and responsible for the actions they have taken. In addition, unborn babies are never, in any way, responsible for the situation that their parents might be facing, so what possible ethical and moral reason can you provide for their unjust death? They, just like any other human being on this planet, have the absolute right and privilege to be able to live out their lives and grow into a normal individual. Abortion is never necessary; because destroying something that one has not created or given the authority to do so is never considered okay. There are always many alternative solutions and better options to resolve unwanted pregnancy apart from abortion. Second, in cases of rape and maybe in all cases, abortion no matter how one looks at it does not come any close to being the best and most reasonable option as it causes not only the death of life but also the mother’s emotional death.  

Does islam permite acting in film and theatre Essay - 1

Does islam permite acting in film and theatre - Essay Example Acting is generally forbidden in Islam but is allowed for certain constructive purposes provided certain conditions are followed. The issue of acting being allowed or forbidden in Islam is a topic of great controversy among the scholars and interpreters of Islam. However there is complete consensus among all the various scholars about the type of acting which involves obscenity, interaction between men and women and other evil actions. All the scholars unanimously agree on the prohibition of this type of acting in Islam. There is no dispute among the Islamic scholars as far as this kind of acting is concerned (Al-Munajjid 2009). The prohibition of this type of acting is clear from the saying of Sheikh Abu Bakr Zayed (may Allah preserve him) to the effect that chivalry (behaving properly and decently) happens to be an objective of sharee’ah, plus whatever undermines that makes a person unsuitable for giving statement in court. Islamic teachings stress upon lofty characteristics and prohibit base and low characteristics. And as far as acting is concerned, actors are mostly seen by the viewers as performing ridiculous activities and moving and talking in a ridiculous way. They are yet seen as feigning madness. Thus it is proven beyond doubt that acting is among those things that seriously undermine chivalry. This further leads to the fact that acting is among those things which make a person unsuitable for giving testimony in the court of law. Such a thing cannot be approved of by Sharee’ah in any way. Now let us consider the type of acting about which there exists a controversy among the scholars of Islam. Some forbid it completely while others allow it within certain guidelines of Sharee’ah. This controversial type of acting is one that involves two or more than two persons performing before a group, through actions and dialogue, with a purpose to teach the group about Islamic principles and injunctions, or

IKEAs transport methods Essay Example for Free

IKEAs transport methods Essay Allowing the public to visit the business Makes the customer feel more welcome, and at home with IKEA if they feel involved by learning more about the company.  Public relations can be a very expensive form of promotion, and it can be difficult for businesses to assess the effect of public relations on sales.  Catalogues are a huge part of advertisement for IKEA, its relatively cheap when compared to TV adverts, and its fairly easy to get to the customer, IKEA print 131 million copies of there catalogue making it the most widely distributed commercial publication in the world. Having picked up a couple of the latest IKEA catalogues and handbooks, its clear that IKEA thrive on simplicity. The IKEA text is the same font on all brochures, with the traditional blue and yellow logo on the bottom hand side of the page this creates continuity which means people recognise it straight away when they see it again, the traditional yellow and blue logo is based on the colours of there home country Sweden. The background images are warm, cosy, family pictures, one containing a large sofa with numerous pillows, the other an aqua blue kitchen. This gets the message across to the reader that there is a large range of products available, furthermore on the front cover they get the message about there prices, Pay less, enjoy more and your 100 page guide to making an affordable, inspired choice. This encourages the public to go through the IKEA catalogue. Furthermore the catalogue brings the IKEA store into your home, its the best way to prepare for a visit to IKEA. d)Place is another term for distribution. It covers the range of activities necessary to ensure that goods and services are available to customers. Deciding on the right place involves a range of decisions.  A business needs to consider the most cost-effective way of getting its products and service to the customers. It needs to look at the implications for its profit margins of each means of distribution. The growth in use of the internet has encouraged even small businesses to use websites to sell their products to what can be a global market. This can be highly cost effective means of reaching a wide target audience, but is not suitable for all business and all products.  Businesses seek to design marketing mixes that are complementary and work together to benefit the business and to maximise sales. For example, Ikea promotes itself to its target audience on the basis that it offers the lowest possible prices. Place is important to Ikea, and the company locates stores in areas where it costs less to set up, eg on the outskirts of major cities. Which targets both high income earners and low. IKEAs transport methods are highly effective, large volumes in combination with flat packages are important in helping IKEA to transport products economically from the supplier via the stores to the customers. Flat packs mean that IKEA do not have to pay for transporting or storing unnecessary air and that not only means lower warehousing and distribution costs, but also less impact on the environment. At present 20 % of all IKEA goods are transported by rail. It makes sense for Ikea to target a wide range of customers. This is referred to as mass marketing. But theres the other side of it where in some situations they will target small sections of the market. Taken to the limit, this might involve catering for a small select group of customers a target market that has very specific needs. I.E childrens section.  In mass marketing, Ikea would aim their products at most of the available market and normally try to sell a range of similar products to all customers. Mass marketing is possible if the products are popular and purchased by many different types of people. For example Ikeas furniture products are well suited to being sold in mass markets. Businesses must be able to produce on a large scale if they are to sell successfully in a mass market. A company may have to invest heavily in resources such as buildings, machinery and vehicles. Usually, firms also have to be very price competitive to flourish in mass markets. By contrast, niche marketing involves companies identifying and meeting the needs of relatively small areas of the market. The aim is to cater for the needs of customers that have not been met sufficiently by other business, and niche marketing is one way in which small businesses can operate profitably in markets that are dominated by large firms. An example would be Ikea and their play pen for younger children.

History Of The Prostate Gland :: essays research papers

HISTORY OF THE PROSTATE GLAND The prostate is a gland that is located just underneath the bladder. It surrounds the urethra through which a man urinates. The prostate gland is therefore vital to proper bladder control and urine flow-rate. The prostate is also essential for normal sexual function. It is the gland of ejaculation, supplying 95% of the seminal fluid and the power to push it through the urethra and out of the penis. The normal prostate in an adult man is about the size of a walnut. Its size often increases over time, however, particulary once a man gets beyond age 40. Because the urethra runs right through the middle of it, a growth spurt of the prostate will squeeze the urethra and begin to choke off the urinary flow. This can effect the ablility to urinate and perform sexually. SYMPTOMS OF PROSTATE CANCER Prostate cancer occurs when some of the cells that make up the prostate gland escape from the normal controls on their growth and start to divide, grow and spread in an uncontolled manner. At first the growth of the cancer occurs very slowly and is usually limited within the prostate gland. Later on in the course of the illness, the prostate gland cells can spread around the body, particulary to the bones where they can paues pain and disability. Estimates show that the cancer may have been growing in some men for up to 10 yearsbefore it causes symptoms and is diagnosed. Some men develop symptoms whereas others do not. In those who that do, the following symptoms are commonly found: BATHROOM TROUBLES: -Need to urinate frequently, especially at night -Sudden, incontrolable urges to urinate -Weak or interrupted urine flow -A burning sensation or pain when urinating -Blood in urine -Continuing pain in lower back, pelvis, or upper thighs BEDROOM TROUBLES: -Reduced sexual ability -Painful orgasm -Impotence- -Discomfort during intercourse There appears to be several forms of prostate cancer. Some men survive for many years with the disease and never develop symptoms. These men may be oblivious to the fact that they have a slow growing from prostate cancer and may eventually die of other causes. However, other prostate cancers can be more aggressive and can grow quickly. Prevention and Treatment More and more doctors are coming to believe that an enlarged prostate can be treated or deterred by feeding the body the nutrients it lacks.

Macbeth Where Events Are Shaped by Ambition and Madness Essay

Of the many William Shakespeare’s famous playwright, Macbeth is one that challenges characters sanity with their ambition for power. Ambition is a theme that is early established in the play where the desire for power and status consumes Macbeth upon hearing the witches’ prophecy. Lady Macbeth, too, desires for power alongside her husband. However, her wrongdoing overcomes her with fear and guilt, which strips her away from her sanity. This also destroys the close relationship that both Lady Macbeth and Macbeth had as their lives are dictated by fear. Therefore, the events in this play are shaped by the characters whose ambition leads them to lose their morality, and later to be imprisoned in their own madness. Macbeth is an ambitious man by nature, and was known to be â€Å"valiant† and â€Å"brave†, however, he is later referred to as a â€Å"tyrant† as his crave for power overcomes his sense of morality. Macbeth’s ambition is apparent when he hears the witches’ prophecy, â€Å"all hail Macbeth, thou shalt be king hereafter†, to which he later commands â€Å"stay you imperfect speakers, tell me more†. This change in Macbeth’s personality sparks the first signs of ambition he has to become king, and Banquo notices this, quoting â€Å"Look, how our partner’s rapt.† This in effect can be said to be the catalyst to Macbeth murdering Duncan for his title of King of Scotland. Because of this, Macbeth lives in constant fear of being overthrown, and his madness to hold power over everyone else is illustrated through the spying of every lord. â€Å"There’s not one but in his house, I keep a servant fee’d.† C onsequently, Lady Macbeth also suffers her wrongdoings, and in her madness, she leads herself to her own tragedy. Lady Macbeth can be said to be even more ambitious than her husband in the beginning, but as the guilt of her actions overcomes her, she takes her own life in defeat. In the first few scenes of introduction to Lady Macbeth, she can be seen to long for status and wills for her emotions to be unnerved for what crime she is to commit. â€Å"Come, you spirits that tend on mortal thoughts, unsex me here, and fill me from the crown to the toe top-full of direst cruelty!† This desperation in Lady Macbeth goes to show the immense greed she has for power and can also be seen when she advices Macbeth, â€Å"To beguile the time, look like the time. Bear welcome in your eye, your hand, your tongue. Look like th’ innocent flower, but be the serpent under’t.† Although Lady Macbeth acts so spitefully, her conscience still prevails in that she is unable to sleep at night but relives the nightmare the murder. â€Å"Here’s the smell of blood still. All the perfumes of Arabia will not sweeten this little hand.† The fear that has consumed Lady Macbeth influenced the event in which she takes her own life. Ambition and madness enclosed on both Macbeth and Lady Macbeth is the cause for their drifting relationship, to the point where they are incapable of showing emotion towards each other. On the night of the murder, madness seeps into Lady Macbeth as she imagines sounds of the night. â€Å"I heard the owl scream and the crickets cry.† Macbeth, on the other hand imagines voices, â€Å"One cried â€Å"God bless us!† and â€Å"Amen† the other, as they had seen me with these hangman’s hands†, marking one of the many occasions in which the killing has affected his and his wife’s mental state. In the progression of the play, Macbeth quotes ‘Direness, familiar to my slaughterous thoughts cannot once start me† implying that he has feared too much to fear anything at all. This lack of emotion is also seen when he discovers about Lady Macbeth’s death, responding with no sense of care or love towards his wife. â€Å"She should have died hereafter; there would have been a time for such a word.† All this contrasts with the relationship Macbeth and Lady Macbeth had at the start where they regarded each other as â€Å"My dearest love†. Their relationship had been bound to suffer as their ambition was too great for their ability to cope with guilt and fear, shaping many unfortunate events in the play. Shakespeare’s highly regarded playwright, Macbeth, has not only explored the destructions of over ambition but also leads into the consequences of the characters emotional and mental state. Ambition in characters, in particular Macbeth and Lady Macbeth, has shaped the events which ended both their lives as they were corrupted with terror and madness. Not only have their actions driven them to insanity but have also destroyed their relationship, which was left meaningless to both in the end. Therefore, ambition and madness in Macbeth and Lady Macbeth has shaped the events which resulted in the tragedy of their death.

Comment on the Three Conditions on Market Efficiency

An efficient capital market is one in which stock prices fully reflect available information. Professor Andrei Shleifer has suggested three conditions lead to market efficiency. (1)rationality, (2)independent deviations from rationality, and (3)arbitrage. This essay will examine investors’ behavioral biases and then discuss the behavioral and empirical challenges to market efficiency. In the attached article, James Montier suggested three behavioral biases that investors had. (1) illusion of control, (2)self-attribution, and (3)over-confident. Illusion of control means people fell they are in control of a situation far more than they are.Self-attribution means good outcomes are contributed to their skill while bad outcomes are contributed to external, such as back luck. These two biases lead people to be over-optimistic and exaggerate their own abilities. People are always over-confident as well. They always think they are smarter and have better information than they actually do. These three behavioral biases form a potential combination and lead investors to overestimate their ability and knowledge and understate the risks. In reality, there are some other behavioral biases. Investors usually prefer to put their money into a company that they know or familiar with.This is known as familiarity bias. They will invest heavily in the company they work for. They will also allocate a larger fraction of their investments to domestic stock even though it is easier to diversify investments across geographies. In addition, people tend to perceive probabilities and resonate with their own pre-existing ideas even though the conclusions drawn are statistically invalid. And this is called representativeness. The next bias exists in reality is conservatism, it means that people are too slow in adjusting their beliefs to new information.They clings to prior views or forecasts at the expense of acknowledging new information. The last bias I want to mention is herd beha vior. This is a tendency for individuals to mimic the actions(rational or irrational) of a larger group. It may comes from social pressure of conformity and/or believing the larger group knows something that they don’t. Most of the above-mentioned behavioral biases contradict Professor Andrei Shleifer’s three conditions for market efficiency. One of the conditions he suggested was rational.People will adjust their estimates of stock prices in a rational way after new information is released in the marketplace. Are people really rational? Not always. People will exert familiarity bias. They will be too favor the investments in companies they are familiar with. Tendency by investors to invest in domestic stock or the companies they work for. They do not achieve the degree of diversification that they can easily achieve. Others are over-confident and over-optimistic to believe they can pick winners and losers when, in fact, they cannot; this leads them to trade too much, generating both commissions and taxes.The behavioral view is that not all investors are irrational. Rather, it is some, perhaps many, investors are. Independent deviation from rationality was the second condition for market efficiency suggested by Andrei Shleifer. However, psychologists have long argued that people deviate from rationality in accordance with a number of basic principles. Some of them can apply to finance and market efficiency. One of the most examples in recent memory would be the bursting of the internet bubble. The behavior bias, representativeness can be used to explain this phenomenal.People perceive their pre-existing idea and draw conclusions from insufficient data. They saw a short history of high revenue growth and extrapolate that it will continue forever. Another behavior bias to explain internet bubble is herd behavior. Investors face pressure of conformity and trust large group irrationally. Result into a tendency for individuals to mimic the actions of a larger group that contributed to Internet bubble as well. Another behavior bias contradict independent deviations from rationality is conservatism. People are too slow in adjusting their beliefs to new information.In 2005, Kolasinski and Li have done a research by ranking companies by the extent of their earnings surprise. They found that prices adjust slowly to the earning announcements with the portfolio with the positive surprises outperforming the portfolio with the negative surprises. Behavioral finance suggests that investors exhibit conservatism. Professor Andrei Shleifer suggests that domination of rational professional will carry the stock meet its efficient prices by simultaneous purchasing and selling of misprice stock. However, in a world of many irrational amateurs and a few professionals, prices would not adjust to correct level.The risk of further mispricing may reduce the size of arbitrage strategies. In 1907, Royal Dutch Petroleum and Shell Transport merge interes t and split the cash flow in a 60/40 basis. However, empirical finding shows that two parties have rarely traded at parity (60/40) over the 1962 to 2004 period. Deviation from parity could increase in the short run, implying losses for the arbitrageur. There are also a numbers of empirical challenges to market efficiency. The common features among those empirical studies were all in an international basis.A number of studies of relationship between the return and its market capitalizations have been replicated over different periods and in different countries. They found that return on small stocks was quite a bit higher than the average return on large stocks. It may be not all but merely a compensation for the extra risk. In 1998, Fama and French found the average return on value stocks was above the average return on growth stocks in 12 to 13 major international stock markets. The return difference is so large and these ratios can be obtained so easily.The results constitute stro ng evidence against market efficiency. Security prices sometimes move wildly above their true values and eventually fall back to original level. The crashes and bubbles of Internet stock in late 1990 consistent with this bubble theory and constitute evidence against market efficiency. Size, value versus growth, crashes and bubbles were all found in international stock market. And those behavioral biases studies were carried around the world. Therefore, we may expect those behavioral and empirical challenges discussed above may hold in all counties or market setting.

Compare and Contrast the Writing Style of Two Stories essays

Compare and Contrast the Writing Style of Two Stories essays The two stories, Soldiers Home by Ernest Hemingway and How to Tell a True War Story by Tim OBrien, have two different writing styles that impact the reader in different ways. The main focus of this essay is to compare and contrast the writing styles of the two stories. Ernest Hemingways Soldiers Home is about a man in conflict with the past and present events in his life. A young man, known as Harold Krebs, struggles to find a balance in the beliefs of his past and present. The images of war shattered many of his past beliefs, so he struggles to find his current beliefs. Krebss parents, like most parents, raised their son with beliefs very close to their own. Krebs went to the war from a Methodist college in Kansas (152) and was previously taught not to cheat, lie, steal, or kill, and was also taught the "Power" of prayer. Krebs was a Marine and was sent over to fight in the First World War. During the war, Krebs put aside most of his beliefs and did as he pleased. Due to the nature of war, he was forced to kill the enemy troops or be killed himself. He watched most of his fellow servicemen die on the battlefield. After the war, Krebs tried to bury the emotional pain he felt through his relationships with various women. All the se attempts failed. He returned home after a few years to his family, where a mother who wanted Krebs to refresh his faith and settle down, a sister who wanted to feel love from her brother, and an unforgiving father who wanted Krebs to support himself. Krebs tries to find his lost faith in God, to tackle his inability to love, and to find his way back into a normal routine. Ernest Hemingway was trying to convey his own self image when he wrote about "Krebs" in his short story, "A Soldier's Home". Through this story, Hemingway tried to shed light on the life of a soldier. Though he was not a soldier hi ...

Biography of Nicolaus Otto and the Modern Engine

Biography of Nicolaus Otto and the Modern Engine One of the most important landmarks in engine design comes from Nicolaus Otto who in 1876 invented an effective gas motor engine- the first practical alternative to the steam engine. Otto built the first practical four-stroke internal combustion engine called the Otto Cycle Engine, and when he completed his engine, he built it into a  motorcycle. Born: June 14, 1832Died: January 26, 1891 Ottos Early Days Nicolaus Otto  was born the youngest of six children in Holzhausen, Germany. His father died in 1832 and he began school in 1838. After six years of good performance, he moved to the high school in  Langenschwalbach  until 1848. He did not complete his studies but was cited for good performance. Ottos main interest in school had been in science and technology but, nevertheless, he graduated after three years as a business apprentice in a small merchandise company. After completing his apprenticeship he moved to Frankfurt where he worked for Philipp Jakob Lindheimer as a salesman, selling tea,  coffee, and sugar.  He soon developed an interest in the new technologies of the day and began experimenting with building four-stroke engines (inspired by Lenoirs two-stroke gas-driven internal combustion engine). In late autumn of 1860, Otto and his brother learned of a novel gas engine that  Jean Joseph Etienne Lenoir  had built in Paris.  The brothers built a copy of the Lenoir engine and applied for a patent in January 1861 for a  liquid-fueled  engine based on the Lenoir (Gas) engine with the Prussian Ministry of Commerce but it was rejected. The engine ran just a few minutes before breaking. Ottos brother gave up on the concept resulting in Otto looking for help elsewhere. After meeting Eugen Langen, a technician, and owner of a sugar factory, Otto quit his job, and in 1864, the duo started the worlds first engine manufacturing company N.A. Otto Cie (now DEUTZ AG, Kà ¶ln). In 1867, the pair were awarded a Gold Medal at the Paris World Exhibition for their atmospheric gas engine built a year earlier. Four-Stroke Engine In May 1876,  Nicolaus  Otto built the first practical four-stroke piston cycle internal combustion engine. He continued to develop his four-stroke engine after 1876 and he considered his work finished after his invention of the first magneto ignition system for low voltage ignition in 1884. Ottos patent was overturned in 1886 in favor of the patent granted to  Alphonse  Beau de Roaches for his four-stroke engine. However, Otto built a working engine while Roaches design stayed on paper. On October 23, 1877, another patent for a gas motor engine was issued to Nicolaus Otto, and Francis and William Crossley. In all, Otto built the following engines: 1861 A copy of Lenoirs atmospheric engine1862 A four-cycle compressed charge engine (prior to Rochass patent) which failed as it broke almost immediately1864 The first successful atmospheric engine1876 The four-stroke compressed charge engine which is acknowledged as the Otto cycle engine. The term Otto cycle is applied to all compressed charge, four cycle engines.

Diversity Case Analysis Study Example | Topics and Well Written Essays - 1250 words

Diversity Analysis - Case Study Example To deal with situations like that of Tyson's, a parent in-service program will be organized. This program will include education to parents about the children at risk where action is not taken when problems are first seen. The school will call medical specialists including several psychologists that would clearly explain the importance of treatment of these symptoms early on n the lives of the children so that they can live a normal and health life. The most important objective of this parent in-service program would be to convince the parents to allow certain actions to be taken when these problems are identified and that it is not a cause of alarm for the parents as everything will end up fine if timely action is taken. Tyson is a new second grade student at Kanner Elementary School, considered to be the best elementary school in the district. He previously attended a private school and is having problems adjusting in his new class. His teacher has informed the principal about the kinds of difficulties Tyson is facing, and has asked for proper guidance to the way he should be handled. The principal has been at her designation for the last two years and never had any administration experience before that. Kanner Elementary School contains children having a variety of ethnic backgrounds, and houses a large population of children from poor families. The community is very supportive to the school. Tyson's father thinks that there is nothing wrong with his son, although a neurologist diagnosed him as having Attention Deficit Hyperactivity Disorder. He was not cooperative with the principal of either this school or the previous one. He might come to the school with his wife for a conference, and they bot h think Tyson might again need a change of school. (Ubben; Hughes; Norris, 2001) 2) Identify the problem in a single sentence. Tyson is having difficulties adjusting in his new class but his father is not at all helpful in changing this fact, and wants to change his school a second time. 3) Select significant information and categorize it according