Sunday, February 23, 2020

Journalism and Mass media Essay Example | Topics and Well Written Essays - 750 words

Journalism and Mass media - Essay Example Therefore, from the point of view of the Associate Professor, Carmen uses methodological reductionism that the sites assist only those who require them urgently while in others it is not the case. Alternatively, Piskorski found that the online dating industry has worth of $2billion made of more than 14, 000 businesses that use various methods and techniques of matching up potential partners. For instance, OKCupid, an online dating site with a membership of about 3 million permits its users to surf each other’s profiles (Nobel, 2012). Furthermore, there are algorithms and comprehensive quizzes that allow partners to have compatible matches. Similarly, in a study of about 500,000 members of OKCupid, Piskorski discovered that older, shorter and at times overweight people viewed more profiles compared to their younger counterparts. On that account, there are several methods, data and evidence used to support the claims made in the article. For instance, Carmen uses secondary methods of data collection such as reading books, similar journals and internet sites to prove the validity of the article. Similarly, there is the interview on the Associate Professor of Harvard Business School on his studies and findings concerning various online dating sites (Nobel, 2012). Therefore, the available data to prove the claims made by Carmen include several online sites such as Match.com, eHarmony, OKCupid and Facebook among others that aim at matching up potential partners. ... For instance, Carmen uses secondary methods of data collection such as reading books, similar journals and internet sites to prove the validity of the article. Similarly, there is the interview on the Associate Professor of Harvard Business School on his studies and findings concerning various online dating sites (Nobel, 2012). Therefore, the available data to prove the claims made by Carmen include several online sites such as Match.com, eHarmony, OKCupid and Facebook among others that aim at matching up potential partners. On the other hand, the available evidence is the study of 500, 000 members of OKCupid who view the profiles of each other without any problem. Therefore, these claims hold because the members interviewed participate actively and report their results. There is also the presentation made by Piskorski on his findings in a HBS seminar concerning the various online dating sites (Nobel, 2012). On the same context, there is also the presence of the online dating sites t hat participated in the survey to determine the benefits of online dating. However, there are also biases and other missing information in the article by Carmen Nobel. For example, there is no alternative research on offline dating for comparison purposes with online dating. In other words, there is ecological fallacy in terms of the available statistics to support the benefits of online dating for its members (Nobel, 2012). Additionally, the research by the Professor does not conduct a follow up if the potential partners meet and the superseding consequences. This constitutes to individual fallacy whereby the other groups are not part of the research. Furthermore, Piskorski fails to mention the names of his variables during the findings hence

Thursday, February 6, 2020

Production and Market behaviour Essay Example | Topics and Well Written Essays - 3750 words

Production and Market behaviour - Essay Example se classical scholars continue to influence contemporary scholars as they attempt to discern the major factors influencing productions and market patterns to enhance efficiency and best economic systems. Our study of production and market behavior will therefore be based principally on neoclassical and institutionalism models that have existed since the last century and will explore the new-institutionalism impact on the theme as well as the recent trends in fair trade and corporate social responsibility (CSR). Neoclassical theories supported by Keynesian economics are the dominant approaches prevalent in mainstream economic theories from the mid twentieth century (Clark, 1998). The theory however can be traced to 19th century after the Industrial Revolution as capitalism ignited intellectual ideas among all disciplines. One prominent neoclassical analyst was William Stanley Jevons and his marginal utility theory of value in 1862. Neoclassical theories are mainly based on individual or microeconomics by exploiting utility as explained in the rational choice theory (Ehrenberg, 1997). Neoclassical economist Marshall’s treatise Principles of Economics (1890) described price disparities in terms of the intersection of supply and demand curves. He also introduced diverse ‘market periods’ as follows: Short period – business faculty is specified, the level of yield, service, assets, and value oscillate to link marginal cost and marginal revenue, where returns are maximized. Economic rents only survive for short duration for unchanging aspects, and the velocity of earnings is not contrasted across segments. The neoclassical model has also engendered the First Theorem of Welfare Economics that emphasis that indirect marginal utility for all the market players is similar. This also depicted in a Pareto-efficient condition that states any enhancement in the utility of one user might jeopardize another’s value. The organizations operating in such a scenario do