Microeconomic issue- halo effect Essay Example | Topics and Well Written Essays - 750 words

Microeconomic issue- halo effect - Essay Example nsumers tend to associate the positive quality of a personality’s image with a product and its brand, and since consumers have aspirations and desires, the seller hopes that the image associated with the product is powerful enough for the consumer to take action; first, to desire the satisfaction associated with the image, and second, to think that the product and brand linked to the image would be the means to achieve that satisfaction. This association between a person’s reputation and his words and actions is what the Halo Effect is all about (Economist.com). Thorndike in a 1920 study observed the Halo Effect at work in a study involving soldiers and the way they rated their officers. He discovered that when soldiers viewed their officer in a positive way, all the officer’s actions are viewed positively. This is the way a son would treat the punishment from a father whom the son admires: every punishment is for the son’s good, no matter how unjust the punishment may seem to an outside observer. Applied to microeconomics and the behavior of firms and consumers, the halo effect can be observed at work in many instances. In fact, the global economic crisis may have been caused by the halo effect, and the same halo effect is being used to get the world out of the crisis. Rosenzweig, writing in the McKinsey Quarterly, observed how the halo effect could explain both business success and failure, emphasizing the importance of consumer or observer perception in determining economic behavior. Among the horror stories associated with the crisis, the investment scam of Madoff shows how the halo effect contributed both to his success and failure. Madoff was an investment banker who served as the Chairman of NASDAQ, the over-the-counter stock market that boomed in the late 1990s. According to the New York Times, Madoff was able to head NASDAQ because of his high-profile lifestyle and low-key consistency in generating above-average returns for investors. His

Essay on Downfall and Denial in Streetcar Named Desire and Glass Menage

Downfall and Denial in Streetcar Named Desire and Glass Menagerie   Ã‚  Ã‚   Tennessee Williams allows the main characters in the plays, A Streetcar Named Desire and The Glass Menagerie, to live miserable lives, which they first try to deny and later try to change.   The downfall and denial of the Southern gentlewoman is a common theme in both plays.   The characters, Blanche DuBois from A Streetcar Named Desire and Amanda from The Glass Menagerie are prime examples.   Blanche and Amanda have had, and continue to have, many struggles in their lives.   The problem is that Williams never lets the two women work through these problems and move on.   The two ladies are allowed to destroy themselves and Williams invites the audience to watch them in the process (Stine 474).     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The downfall, denial, and need to change of the two women are all quite evident in these two plays. First the troubles of Blanche and Amanda need to be recognized. Blanche has apparently had practice hiding her drinking problem. When she arrives at Stella’s home, she sneaks a shot of whiskey (Williams, A Streetcar Named Desire, Scene1. Page 18. Lines 12-17). When she is later offered a drink, she acts as though she has no idea where the alcohol is kept (Williams, A.S.N.D. 1.19.12-15).   Amanda cannot accept the fact that no gentlemen callers are coming for Laura, her daughter, thus making that reality more difficult for Laura to accept (Williams, The Glass Menagerie, 1.28.1-5).   Neither Blanche nor Amanda allows herself to recognize her problems and work them out.   They both deny the existence of these problems, thereby enabling their difficulties to become larger and even more complicated.   When Stella offers Blanche a second drink, Blanche states, "One's m... ...Blanche and Amanda.   Tennessee Williams wrote very similar plays along common themes, plays that both disturbed and aroused sympathy for the characters as well as the real life counterparts that they represented.    Works Cited Baym, Nina et al, eds.   The Norton Anthology of American Literature.   New York: W.W. Norton & Co., 1995. Hassan, William.   Tennessee Williams: Parallels in Frustation.   Boston: Cambridge University Press, 1979. Krutch, Joseph Wood.   Modernism in Modern Drama.   New York: Cambridge University Press, 1953. Stine, Daniel.   Tennessee Williams: An Interpretation.   Chicago: University Press, 1977. Williams, Tennessee.   A Streetcar Named Desire.   New York: Signet, 1947. Williams, Tennessee.   Anthology of American Literature:   From Realism to the Present.   Ed. McMichael, George et al. New Jersey: Prentice Hall, 2000.    Essay on Downfall and Denial in Streetcar Named Desire and Glass Menage Downfall and Denial in Streetcar Named Desire and Glass Menagerie   Ã‚  Ã‚   Tennessee Williams allows the main characters in the plays, A Streetcar Named Desire and The Glass Menagerie, to live miserable lives, which they first try to deny and later try to change.   The downfall and denial of the Southern gentlewoman is a common theme in both plays.   The characters, Blanche DuBois from A Streetcar Named Desire and Amanda from The Glass Menagerie are prime examples.   Blanche and Amanda have had, and continue to have, many struggles in their lives.   The problem is that Williams never lets the two women work through these problems and move on.   The two ladies are allowed to destroy themselves and Williams invites the audience to watch them in the process (Stine 474).     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The downfall, denial, and need to change of the two women are all quite evident in these two plays. First the troubles of Blanche and Amanda need to be recognized. Blanche has apparently had practice hiding her drinking problem. When she arrives at Stella’s home, she sneaks a shot of whiskey (Williams, A Streetcar Named Desire, Scene1. Page 18. Lines 12-17). When she is later offered a drink, she acts as though she has no idea where the alcohol is kept (Williams, A.S.N.D. 1.19.12-15).   Amanda cannot accept the fact that no gentlemen callers are coming for Laura, her daughter, thus making that reality more difficult for Laura to accept (Williams, The Glass Menagerie, 1.28.1-5).   Neither Blanche nor Amanda allows herself to recognize her problems and work them out.   They both deny the existence of these problems, thereby enabling their difficulties to become larger and even more complicated.   When Stella offers Blanche a second drink, Blanche states, "One's m... ...Blanche and Amanda.   Tennessee Williams wrote very similar plays along common themes, plays that both disturbed and aroused sympathy for the characters as well as the real life counterparts that they represented.    Works Cited Baym, Nina et al, eds.   The Norton Anthology of American Literature.   New York: W.W. Norton & Co., 1995. Hassan, William.   Tennessee Williams: Parallels in Frustation.   Boston: Cambridge University Press, 1979. Krutch, Joseph Wood.   Modernism in Modern Drama.   New York: Cambridge University Press, 1953. Stine, Daniel.   Tennessee Williams: An Interpretation.   Chicago: University Press, 1977. Williams, Tennessee.   A Streetcar Named Desire.   New York: Signet, 1947. Williams, Tennessee.   Anthology of American Literature:   From Realism to the Present.   Ed. McMichael, George et al. New Jersey: Prentice Hall, 2000.   

Abraham Lincoln: a True Leader Essay

Abraham Lincoln is known to be one of the Unites State’s chief presidents. Lincoln’s leadership paved huge accomplishments for America. Perhaps, Abraham Lincoln’s greatest accomplishment was going from a non-educated boy, to the president of the United States. Lincoln did not only achieve the name of Presidency, but he was able to shape America to the way it sits today. President Lincoln deserves to be shown in every history textbook across America. President Lincoln shines mostly because of his advanced leadership. Lincoln’s leadership stands as a model to future politicians. His speeches were so strong and thoughtful; some of the best known quotes to this day. Often politicians try to emulate his thinking by using Lincoln quotes in their speeches. Lincoln was always under so much pressure, from the bickering of the cabinet to the assassination threats from the people who disagreed with his thoughts. With all this opposition talking in Lincoln’s ear, he stuck with his gut and did not stop the war and his goals were achieved (R.J Norton). See more: Ethnic groups and racism essay Abraham Lincoln made sure to think about America and what he had to do to keep the country moving smoothly and safely. Lincoln was able to take his leadership to a whole new level, when he got the whole nation involved. Lincoln included in his famous Gettysburg Address that the war is a test of our nations strength and we must finish the battle for all of those who lost their lives protecting the country (R.J Norton). Lincoln’s strategies to bring the nation together helped nationalism break through and he was able to achieve the goals he wanted to achieve. It is hard to believe that Lincoln went from an un-educated boy to the sixteenth President of America. Abraham Lincoln demonstrates that even starting from the bottom, people can grow and become more as long as hard work is put in. Lincoln grew older and started to educate himself on law books and eventually became a lawyer (R.J Norton). Lincoln is an inspiration for kids to have drive and succeed at goals. Lincoln grew even stronger; he served as a great attorney and advanced to four years in Illinois State House of Representatives. After that, Lincoln joined congress for a year and eventually blew the nations mind as President of the Unites States of America (R.J Newton). As President, Lincoln was able to accomplish great things for our nation. Although, he was assassinated a short time before the thirteenth amendment was official, â€Å"freeing the slaves† Lincoln was able to shape the nation up to the point where it was able to accomplish the goal and end slavery in the United States. Lincoln was also able to help out America with his foreign policy; leaving all other nations out of the Civil War going on in the Unites States. This helped other nations from intervening and causing even more problems for the nation. The most important accomplishment was Lincoln’s decision to fight in order to save the Union. Lincoln is believed to be the President who contributed the most to America and to the future of America. Although, he was assassinated before he could accomplish all the goals he had in mind, Lincoln still got the ball rolling and ready for changes to be made. From an un-educated boy, to a president, to a role model for the world, President Lincoln deserves to be known all over for the years and years to come.

Context And Importance Of School Bullying - 899 Words

I. Context and Importance of the Problem School bullying has become a serious problem in the United States (Henry et al. 2013). According to National Center for Education Statistics (2013), in 2011, 28% of students in 6-12 grades reported being bullied at schools. In addition, Bradshaw, Sawyer and O’Brennan (2007) found that 70.6% students saw the occurrence of bullying in the previous month. Sylaj (2014) further mentioned that around 200 million students are being bullied at schools. In additional, with the development of technology, cyberbullying, which referred to as bullying someone else through the Internet or other digital devices, include cell phones, has taking place in children’s life (Henry et al. 2014). Litwiller and Brausch’ study (2013) suggested that 23% of youths said that they have been bullied digital techniques. Notably, lesbian, gay, bisexual and transgender (LGBT) students are facing higher risks of bullying compared to their heterosexual peer s (Goldberg, n.d.). Compared to their heterosexual peers, homosexual youths are more likely to have problems on emotional and behavioral, and report with significantly higher rates of depression and externalizing behaviors (Williams, Connolly, Pepler Craig, 2005). Considering the huge amount of students who are suffering verbal and physical violation from others are a member of a family, the statistic indicated a relatively large number of families are living under the influences of school bullying.Show MoreRelatedBullying Is A Common Problem Among Children And Adolescents996 Words   |  4 PagesBullying is a common problem among children and adolescents (Wang, Nansel, Lannotti, 2011). Bullying takes different forms include physical (hitting), verbal (name-calling), and rational (social isolation) which are typically known as traditional bullying or cyber bullying which occurs on the internet (Wang, Nansel, Lannotti, 2011). 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