Saturday, February 22, 2020

Multi-Self Model and the Dual-Self Model Approaches to Self-Control Essay

Multi-Self Model and the Dual-Self Model Approaches to Self-Control Problems - Essay Example According to the research findings, it can, therefore, be said that the multi-self model is a complex topic in behavioral economics. Authors like Ambrus and Rozen have described it as a broader conception in the form of an array of self-control concepts or theories. As such, the concept of aggregator appears at the center of this approach. The aggregator can be understood as a behavioral and psychometric mechanism that organizes the available choices before the individual. The aggregator factors cumulate a suitable prioritized list of choices, and the individual’s sense of rational behavior ultimately leads him or her to select the most appropriate one for oneself. However, in the deep trenches of mind and thought processes, this one self is actually consisting of many selves. Hence, according to Ambrus and Rozen, one of the most important characteristics of a given set of aggregators is that the aggregation can be dependent on the consumer’s economic utilities and obje ctives. Therefore, if an individual is considered as a coherence of more than one economic self, then preferences of oneself may differ from that of another. Consequently, several contemporary models of â€Å"multi-self decision-making† utilize pieces of cardinal information that are embedded in the utility functions of an individual’s diverse economic selves. Aggregators being considered as the fundamentals of utility functions can also be defined as the intensity of preferences, which are capable of molding the dynamics of intra-personal economic decisions. However, this paradigm can be extended to inter-personal economic decisions too.

Wednesday, February 5, 2020

Play represents Asia Assignment Example | Topics and Well Written Essays - 1250 words

Play represents Asia - Assignment Example This paper will argue that the play Bicycle by O Tae-sok provides the audience with a unique image of Korea that consists of a number of unusual as well as traditional elements. To begin with, one should define the concept of representation of Asia. It would not be a mistake to point out that this region is extremely vast an diverse; so, a detailed explanation is needed. This particular play represents Korea: a country which has retained some of its traditional ways of life, but has been following a socially accepted paradigm of development for a long time. Indeed, the piece of art in question might be viewed as a metaphor reflection into the past (Lee 211). In addition to that, the historical accuracy is what really makes this play moving (O 4). Thus, one is able to conclude that representation of a particular part of Asia is based on two elements: depiction of traditional elements of culture as well as representation of aspects of social order. The uniqueness of topic that will be discussed is apparent from the very first lines of the play: it puts great emphasis on the notion of duty in the Korean society. There are several examples that might prove it. Thus, the main character has a relative who have survived a horrible fire and considers himself to be guilty of his luck. However, unlike Europeans who would celebrate this, every year he cuts his face, reminding himself that his compatriots died at the hands of the enemy, but he survived. A similar focus on the social duty is seen later in the text when the main character confesses turning in his friend to police because he practiced medicine without license and had almost no knowledge about the topic. The dichotomy between friendship and duty is easily resolved in the Asian society in favor of the latter. Another point which shows a peculiar world of Asia focuses on the important place that is occupied by the bureaucrats in the society. To begin with, one should note