Three Interviews Essay - 698 Words

Family values â€Å"can be described as a set of beliefs or morals that help provide for family unity and social interaction as well as providing for a societal view for childhood development† (Dictionary.com). Over the weekend, I interviewed a gang of three great generations while discovering what family values mean to each of them. From these interviews, I was able to distinguish each of their own perspectives. Each interview was like a puzzle. I put each of their answers to together and found what makes family values so important. The main argument of my interviews is that family values are crucial. They help shape and build our character. As stated by my mother, Debra Franckowiak, â€Å"Family values are like building blocks of a young†¦show more content†¦A family that supports each other and nourishes one another is going to survive because of the healthy environment they have created† (Heather Forrester). As my next question, I asked my interviewees if they considered divorces or families living with a homosexual ruined a family’s values. It was conclusive that all three of them thought that broken families or homosexuals did not damage their family values. â€Å"I think a family with high morals, honesty, and togetherness always stay together, regardless if they all have different personalities† (Ruth Franckowiak). She explained to me that as a community, we should be blamed for our inability to accept others. â€Å"Our negative attitudes and criticism stereotype these groups as necessarily being wrong, but you can’t help yourself by hurting other people† (Debra Franck owiak). Heather added to the argument, by stating that â€Å"The nation has been built on the acceptance of everyone in our society. How are we acting like a nation, if we cannot act civilized and unified toward each other?† (Heather Forrester). As my last question, I left my interviewees with a final thought by asking them what family values they live by. This helped me understand what family values they found to be most important. What I noticed was that their answers varied. Debra said that she lives by the Ten Commandments. â€Å"The Ten Commandments provide a moral code forShow MoreRelatedEssay On Interview With Three People833 Words   |  4 PagesI interviewed three people, my mother, my father, and my friend, Makaila. My mother is an avid church goer that finds comfort in God and often spreads her joy and love to all that she encounters. My father is a disabled 60 year old that endures diabetes and it often affects his life. Makaila is wild and free spirit that beli eves in people not being complete idiots by discriminating people. My mother, Joyce, is a Conservative Republican that belongs to a small Lutheran Christian church in StreetsboroRead MoreInterviews on Human Development Through Three Generations1532 Words   |  6 PagesThe research project given in psychology class was to pick a topic and interview three generations on the subject of my choice. In this paper I will talk about the following; each person I interviewed, their responses to the questions, the difficulties I faced, the stages of development each generation is experiencing, relating each generation to a theory, compare the similarities and differences each generation is experiencing in their stage of development, and what I learned from this experienceRead MoreAn Interview With Anita Failor, Wife And Mother Of Three980 Words   |  4 Pagesbad situations build us as a family. As a family, we get through the bad together and cheer each other on through the good times. 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`` Brave New World `` By Aldous Huxley - 1249 Words

Brave New World, by Aldous Huxley is a futuristic novel based on a troubled society, consumption of technology and genetically engineered people. Although there are various things about Brave New World that depicts a civilization much like ours. The representation of alienation is very prominent to what we experience daily. Just like in reality, the novel’s citizens are isolated and put into groups based on their looks, their ways of thinking and their job level. Like John the Savage and Helmholtz who are treated poorly for having different opinions, everyone in our society is judged for being unique. Linda and Bernard both suffer because they do not have youthful appearances which resembles to our modern perspective on human form. Then there are class systems where the citizens of Brave New World are sorted out depending to their job level and their intelligence much like in reality where we have upper, middle and poor class. One may think that there is a gross representation of society in this book but perhaps our society isn’t that much different. The way social rejection is showed in Huxley’s Utopia is very similar to the way we deal with it now. For instance Helmholtz, John, and the Indians are excluded because they aren t like the rest. Helmholtz Watson is an Alpha, the highest class in Brave New World. Alphas are destined to be great leaders and thinkers as so Helmholtz is a writer. He feels out of place in Brave New World’s society, even though he has all theShow MoreRelatedA Brave New World by Aldous Huxley668 Words   |  3 PagesIn Brave New World, there are similarities that have a deeper meaning that we can understand. There are personal effects in Aldous Huxley life that contribute to what he has written in the book. Aldous Huxley throughout his life have seen, done, and events have happened to him, just like all of us, but he has expressed it in his book. 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Bertrand and Cournot Competition Comparison Free Essays

Within the realm of industrial economics, a central focus is on equilibrium in oligopoly models, and the questions arise of how the firms would find the equilibrium and whether they will choose it. The efforts of this essay are devoted to a discussion of Court and Bertrand models of competition, two fundamental single-period models that form the basis for multi-period models (Friedman, 1977). Firstly the essay will give an introduction to the properties of the Court and Bertrand models of intention and examine their implications to the relationship between structure and performance. We will write a custom essay sample on Bertrand and Cournot Competition Comparison or any similar topic only for you Order Now Then it will theoretically address the question that when and how we can choose either of these two models to better describe a market, and empirically distinguish between two models by giving example industries that behave according to each. Finally the essay will draw a conclusion. Oligopoly theory abstracts from the complexity of real-life corporate strategy, and concentrates on Just one or two strategic variables (Davies et al, 1991). Court (1838) takes the view tat the firm ¤ass strategic variable is squatty or output. In contrast, Bertrand (1883) takes the view that the firm ¤ass basic strategic variable is price. In order to capture the distinction between the Court and Bertrand framework, we will consider the simplest case of homogeneous products. First, given positive market share, firms in Court market have the market power to price higher than their marginal costs. Second, the market power of a firm is limited by the market elasticity of demand. The more elastic demand, the lower the price-cost margin. Furthermore, given that all the firms are price takers, firms with lower marginal cost will have greater markets shares. Then what is the implication for the relationship between structure and performance guarding the industry as a whole? Turning to this aspect, summing the average price-cost margin follows summing individuals firms over all n firms weighting each firm ¤ass margin by its share of the market, Where H denote Heralding index, which is one of the most widely accepted measures of concentration. If we use concentration as the measure of industry structure and price-cost margin as the measure of performance, we can see that in Court competition, the less elastic is demand, and the larger is the Heralding index, the greater aggregate margin in the Court Nash equilibrium. Also, the market power (Unmans, 1962)), this indicates the importance of barriers to entry. In 1883, Bertrand criticized Court ¤ass work on several counts. One of these was that if the strategic variable is price rather than quantity, Court ¤ass logic results in an entirely different outcome (Friedman, 1977). In the Bertrand framework each firm directly controls the price at which it sells it output, and the demand for its output will depend on the price set by each firm 3 and the amount that they wish to sell at that price. This model is driven by the assumption that the firm that charges the lowest price can capture marginal cost in the market, it can charges a price I pi? ±ii = I pi? ±ii pi? ±ii pi? ±ii pi? ±0  ¤00 I poi pipe, where c] is the marginal cost the entire market (Walden and Jensen, 2001). Given this assumption, if firm I has the lowest of the firm that has the second lowest marginal cost in the industry, and I poi pipe represents a number that is infinitesimally greater than O. Then firm I will capture the entire market. In the case that each firm face an identical marginal cost, each firm will set its rice pi equal the marginal cost, and yields a competitive equilibrium. The discussion about Bertrand framework tells a very different story of the relationship between structure, conduct, and performance from the Court-Nash equilibrium. First, only the most efficient firm will survive the competition and become the monopolist, the other firms will exit the market. Second, if all firms face the identical marginal cost, with two or more firms the competitive outcome occurs, large numbers (which is the case in Court competition) are not necessary. Clearly, there is a big difference whether the strategic variable is price or quantity. Therefore, what criteria do we have for choosing between Court or Bertrand model to describe a market? A common argument for the Court model is more appropriate is that it captures the intuition that competition decreases with fewer firms, while the prediction of the Bertrand model  ¤00 a zero price-cost margin with two or more firms, or only one firm exists as the monopolist  ¤00 is implausible. In the world, examples like many consumer goods markets have shown that it is hard to find all consumers want to buy from the firm charging the lowest price, and small price hangs by a firm lead to small changes in its sales and in the sales of its rivals (Friedman, 1977). Also, it is often argued that the choice of Court and Bertrand lies in the relative flexibility of prices and output. In the Court framework, once chosen, outputs are fixed, while the price is flexible. In the Bertrand framework, however, firms set prices while output is 4 quantities (Davies et al, 1991), and therefore the Court framework is preferred to the Bertrand framework. An influential work coloring this view is Krebs and Chainman (1983). In their two-stage model, firms choose capacities in the first tags, and compete with price as in the Bertrand model up to the capacity chosen in the first stage. The resultant equilibrium turns out to be equivalent to the standard Court model. There do have some industries where firm ¤ass behavior is consistent with the intuition of Bertrand model. In the American airline industry, many major carriers follow a policy of pricing near marginal cost on routes on which it faces competition (Walden and Jensen, 2001). They fear that if their fares are even slightly higher than the competitor, they will lose virtually the entire market share. However, Brander and Ghana (1990) also found evidence that the pricing behavior of American Airlines and United Airlines between 1984 and 1988 were close to the Court model ¤ass prediction. In addition, Await (1974) found that in the Japanese flat-glass industry the two duopolistic behave according the the Court competition. In conclusion, this essay has compared and contrasted the main properties of Court and Bertrand models of competition, clearly the two models tell completely different stories of oligopolies competition as well as the relationship between structure and performance. The essay has also discussed when and which of the two oodles are expected to be better describe a market, both theoretically and with empirical examples. How to cite Bertrand and Cournot Competition Comparison, Papers