Liberal democracy is a form of government in which representative democracy operates under the principles of liberalism‚ i.e. protecting the rights of the individual‚ which are generally enshrined in law. It is characterised by fair‚ free‚ and competitive elections between multiple distinct political parties‚ a separation of powers into different branches of government‚ the rule of law in everyday life as part of an open society‚ and the equal protection of human rights‚ civil rights‚ civil liberties
Premium Democracy Political philosophy Representative democracy
The Hazard of Moral Hazard 09.01.09 - 12:00 AM | James K. Glassman When someone insures you against the consequences of a nasty event‚ oddly enough‚ he raises the incentives for you to behave in a way that will cause the event. So if your diamond ring is insured for $50‚000‚ you are more likely to leave it out of the safe. Economists call this phenomenon “moral hazard‚” and if you look around‚ you will see it everywhere. “With automobile collision insurance‚ for example‚ one is more likely to venture
Premium Risk Insurance
Strategic Management Airbus Analysis Executive Summary The goal of the following report is to provide a detailed analysis of Airbus using the following analytical tools: PESTEL‚ Stakeholder‚ SWOT‚ Porters Five Forces‚ VRINE‚ and Porters model of competitive advantage. In this report I will describe how each analysis supports the decisions of Airbus and helps identify any problems or issues facing Airbus based on the outcome of each analysis. This report
Premium Airbus Manufacturing Boeing
7‚ 2007 - Carl Djerassi‚ PhD Joe Lindsey‚ Contributing Writer for Bicycling magazine‚ in his article "Why Legalizing Sports Doping Won’t Work‚" published on July 27‚ 2007 in the New York Times column "Freakonomics" by Stephen J. Dubner‚ wrote:"One‚ not all cyclists dope‚ nor do they want to...The vast majority of cyclists who would prefer to race clean...are instead tempted to dope simply to keep up with the small minority who aggressively dope for a competitive
Premium Drug addiction Drug Pharmacology
article=7 Closing the Achievement Gap‚ (2009) Dubner‚ S. (2008‚ March 18). How Can the Achievement Gap be Closed? New York Times. Retrieved March 8‚ 2010‚ from http://freakonomics.blogs.nytimes.com/2008/03/18/how-can-the-achievement-gap-be-closed-a-freakonomics-quorum/ Jencks‚ C Johnson‚ C. (2008). A Significant Problem for African American Students. Retrieved March 8‚ 2010‚ from: http://www.nationalforum.com/Electronic%20Journal%20Volumes/Johnson‚%20Clarence%20The%20Achievement%20Gap%20in%20Mathematics
Free High school
Applied Econometrics Applied Econometrics Introduction Outline FEM11090-12 Applied Econometrics Nalan Basturk Erasmus University Rotterdam Econometric Institute basturk@ese.eur.nl http://people.few.eur.nl/basturk/ Introduction Course Introduction Course Organization Motivation Introduction Today Regression Linear Regression Ordinary Least Squares Linear regression model Gauss-Markov conditions and the properties of OLS estimators Example: individual wages Goodness-of-fit 1 / 42 2 / 42
Premium Regression analysis Econometrics Linear regression
By Kirk A. Johnson‚ Ph.D. Few would argue that advanced teacher training does not make a difference in student achievement. In fact‚ Professor William Sanders of the University of Tennessee argues persuasively that "the single most dominant factor affecting student academic gain is teacher effect."1 However‚ little statistical research is available for evaluating which type of training and teaching degree has the best effect on student achievement. As the demand for higher academic achievement and
Premium Education Learning Student
Steve Jobs 1955-2011 Chapter 1 Steve Jobs- 1955-2011 An era ends: Steve Jobs‚ rebel icon and merchant of cool‚ is dead Steve Jobs‚ innovator extraordinaire‚ who started up Apple Inc in a Silicon Valley garage and built it up into the world’s most innovative company‚ died on Wednesday. He was 56. Apple said in a brief statement: “We are deeply saddened to announce that Steve Jobs passed away today.” (Read Apple’s statement here.) “Steve’s brilliance‚ passion and energy were the source
Premium Apple Inc. Steve Jobs
Economic Methodology in a Nutshell Daniel M. Hausman The Journal of Economic Perspectives‚ Vol. 3‚ No. 2. (Spring‚ 1989)‚ pp. 115-127. Stable URL: http://links.jstor.org/sici?sici=0895-3309%28198921%293%3A2%3C115%3AEMIAN%3E2.0.CO%3B2-P The Journal of Economic Perspectives is currently published by American Economic Association. Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/about/terms.html. JSTOR ’s Terms
Premium Economics
CHAPTER I THE PROBLEM AND ITS BACKGROUND Introduction The claim for power has been more frustrating than any other competition that humans may conceive. From that lowest postion up to the highest‚ we can say that credentials and the ability to lead are qualities that are not even enough to supplement our passion to be in position. This phenomenon has led these contenders to resort into a new tactic‚ the use of celebrity influence into the picture. The global community took this as an interesting
Premium Political philosophy United States English-language films