Modernity Essay Example | Topics and Well Written Essays - 500 words

Modernity - Essay Example Berman says modern humans â€Å"are moved at once by a will to change †¦ and by a terror of disorientation and disintegration, of life falling apart† (Berman, 1982). Change frightens us even as we long for it. â€Å"To be modern is to live a life of paradox and contradiction. †¦ It is to be both revolutionary and conservative: alive to new possibilities for experience and adventure, frightened by the nihilistic depths to which so many modern adventures lead† (Berman, 1982). In capitalistic society, it is argued that the consumer is the master by reason of making the choice to purchase or not purchase. Berman says this is not really the case. Availability of options only begins the list of restrictions. â€Å"Poor people can't get lawyers in a country that is glutted with them; the HMOs have abolished the autonomy of physicians; college professors are often glorified fundraisers† (Hitchins, 1999). The World Trade Center of New York City is an architectural example of the modern. Berman describes it as â€Å"isolated †¦ it gave off hostility† as compared to the Chrysler and Empire State Buildings. â€Å"[The Port Authority’s] idea of safety involved repelling the people. The slab shape †¦ grew out of an aesthetic voiced best by Le Corbusier, who said that in order to have modern planning we have to ‘kill the streets.’ For him the street epitomized disorder and chaos† (Berman, 2002).

Theories of Motivation Essay Example | Topics and Well Written Essays - 1250 words

Theories of Motivation - Essay Example The fifth level is of self actualization. Self actualization consists of fulfillment of goals and creativity. Need for fulfillment of goals is because one has this, he or she gains the desire to fully realize his or herself and become the best he or she is capable of becoming. the creativity part is needed for one to be creative about something then through this he or she gets dedicated and faces challenges which he or she enjoy and after accomplishing the results, he or she feels very enthusiastic about the deed and this motivates them1. Next is level four of needs which is on self esteem. Under self esteem, there is self respect and acceptance and brain power. Self respect and acceptance is all about prestige, reputation and recognition from others. This contains the desire of wanting to feel important, strong and significant and once one accepts him or herself the way they are, they tend to proud to stand with other people proudly. Brainpower is all about one displaying his or her talents and skills. With this, one gets attention from others which he or she appreciates as well as gaining self confidence2. Level three is on Love and Relationships which is inclusive of communication and response as well as validation. Communication and response is about having the desire to be loved and to love as well as have a sense of affection and belonging. Through this, one is able to communicate his or her inner feelings on love and affection to the party concerned. Validation is about joining various clubs and groups, being able to talk to others, contributing to society, marrying and having a family. With this, one is able to live life fully with family and friends and have a very satisfying life. Level two is family and work. Under this lies a social safety and security and survival skill. Social safety and security is all about the need to be safe from physical and psychological harm in ones daily life. When one is assured of his or her present safety, they will alw ays have trust in a safe future3. Survival skills are about working , saving for the future, improving skills and talents and wanting to be organized world. When one thinks about his or her future he or she gains the motivation to work very hard in life. Level one is all about one’s body. Under the body there is physical safety and survival skills again4. Physical safety and security is all about the need and enthusiasm one has of staying alive. This includes ensuring one has enough food, air and water to survive. About the survival skills it is all about eating, sleeping, taking care of bodily needs and being free from pain. The basis and value of this theory in understanding human motivation is the fact that human beings have lower needs as well that need to be satisfied in order to be whole as humans. â€Å"In this manner, Maslow's model indicates that fundamental, lower-order needs like safety and physiological requirements have to be satisfied in order to pursue higher- level motivators along the lines of self-fulfillment. As depicted in the following hierarchical diagram, sometimes called 'Maslow's Needs Pyramid' or 'Maslow's Needs Triangle', after a need is satisfied it stops acting as a motivator and the next need one rank higher starts to motivate†

Pairs Trading And Strategies And The CAPM Dissertation

Pairs Trading And Strategies And The CAPM - Dissertation Example Besides testing a model, this study will also be testing market efficiency and using use Cointegration as a decision rule for pair selection, try to ascertain whether different and more efficient rules may be implemented. In order to calculate asset returns we need the Capital Asset Pricing Model (CAPM) which gives predictions on how to measure risk and the relationship between risk and return. The relationship of expected return is linear and is necessary to explain differences in returns among securities. Introduction Pairs trading include tested methods used to identify and invest in pairs. This was developed by Morgan Stanley in the 1980’s and is today one of the most commonly used strategies in the finance and trading industry. Using this strategy, an investor looks at two assets, whose prices have moved together in the past. As the price spread widens, the investor takes a short position in the outperforming asset and a long position in the underperforming asset hoping t hat the spread will move back again, thereby generating profits. If history then repeats itself, prices will congregate and the arbitrageur will earn revenue. For example, if the U.S. equity markets were efficient at all times, risk-adjusted returns from pairs trading would never be positive. The Morgan Stanley group disbanded in 1989 after a couple of bad years of performance, pairs trading has since then become an progressively more well known market-neutral investment strategy used by investors as well as hedge funds. The increased popularity of quantitative based statistical arbitrage strategies has also been affecting the profits. The Capital Asset Pricing Model (CAPM) is a vital area of financial management that has contributed to finance becoming a scientific and fully fledged discipline of study. There abounds criticism that the Capital Asset Pricing Model is somewhat unrealistic due to the assumptions that it is based upon. This includes the assumption that investors would only require returns on the systematic risking of their portfolios, due to the removal of the unsystematic risk which can hence be ignored. The market neutral portfolios are constructed using just two securities, consisting of a long position in one and a short position in the other, in a predetermined ratio. The two versions of pairs trading in the equity markets are statistical arbitrage pairs and risk arbitrage pairs. A Statistical arbitrage pair trading is based on the idea of relative pricing. The underlying premise in relative pricing is that stocks with similar characteristics must be priced more or less the same. The spread in the case may be thought of as a degree of mutual mispricing, so the greater the spread, the higher the magnitude of mispricing and hence a greater scope of profit. The strategy involves assuming a long-short position when the spread is substantially away from the mean. It is expected that the mispricing will be correct. The position is then reversed an d profits are made when the spread reverts. The pairs trading strategy might be justified within an equilibrium asset-pricing framework with non-stationary common factors as noted in Fund & Hsieh (1999). Asset returns can be computed by Capital Asset Pri

Gender Development Essay Example | Topics and Well Written Essays - 1000 words

Gender Development - Essay Example d mostly make action packed games for the males and only a few computer games are targeting the women community since boys are keener in playing computer games compared to girls. The more emphasize given to the interests of male community is actually steering away girls from computers. Internet and video game operators/manufacturers should focus more on creating games suitable to the needs of the girls also. Online puzzles and interactive activities related to everyday problems may attract more female community towards internet and computers. It is a fact that both males and females have different tastes as far as their leisure activities are concerned. Boys always like action packed activities because of their muscular dominance whereas girls look for developing their soft skills which are connected to beauty and aesthetic concepts. The article calls the video game manufacturers to make more games suitable for the taste of girls in order to stick the women community in front of the computer. At the same time we must remember that such segregation of male and female are not visible in other areas of our social life. Nowadays women are capable and willing to do any type of jobs which were earlier dominated by the male community. This article is right in claiming that boys and girls have different perceptions about relationships. But, I am not sure whether the same thing is right in the case of technology also. Even for the space exploration cases, in most of the missions, women are involved. If women are capable of undert aking such risky jobs, there is no point in generalizing that women have different perceptions about technology. This article generalizes so many things with respect to the attitude of males and females towards computers and internet. It is a fact that different individuals have different tastes. There are males who don’t have many interests in action packed computer games. At the same time there are many females who are interested in action