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Rational Choice Theory and New Institutionalism, 2002. The role of ideas and arguments in the policy process from the point of view of the "Rational Choice Theory" and "New Institutionalism". 4,173 words (approx. 16.7 pages), 14 sources, MLA, AU$ 161.95 »
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Abstract This paper focuses on New Institutionalism and Rational Choice Theory as applied to public policy-making in the developed and developing world. The United States, the UK, and the Caribbean region are explored when most of the assumptions of the two theories are implemented in the respective policy environments. This paper is excellent for those wanting to understand fully the two aproaches and the various ways the behavior of policy factors in society can be explained and appraised. The paper shows how the force of the ideas and arguments behind these theories create opportunities and constraints for public policy-making in both the developed and developing world.
From the Paper "Central to the existence of any policy-making process must be the role of ideas and arguments. Rational Choice Theory and New Institutionalism both attempt to assess, appraise, and even distinguish between types of decision-making occurring within differing settings, circumstances, situations and among individuals, groups or institutional frameworks as the case may be. Interestingly though paradoxically, ideas and arguments are quite critical to policy-making from the point of view of both New Institutionalism and Rational Choice Theory, despite attempts in certain parts or variations of both Theories, to dismantle or downplay the role of both ideas and arguments, respectively, in selecting policy methods."
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Legal Theory and Institutions, 2005. Discusses the doctrine of judicial precedent in the process of adjudication and legal reform in the legal system of England and Wales. 1,912 words (approx. 7.6 pages), 9 sources, MLA, AU$ 88.95 »
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Abstract This paper looks at the doctrine of judicial precedent in the process of adjudication and legal reform in the legal system in England and Wales. Judicial precedent is an important element of the Western legal system, but it is not in continental civil law systems. In particular, it discusses how the judiciary has received much criticism in the procedure of precedent.
From the Paper "The historical power struggle began in the 17th century between the legislature and the Crown (Stuart Monarchy) and ended with Parliament becoming an independent in the power of making law in the name of the Crown. Nowadays, the ultimate power of making new law lies with the primary legislature (Parliament). Parliament has the capability of authorising and altering laws and as Parliament is an elected house, the power is given through democracy, but this is not so in the House of Lords because they are not an elected chamber. The House of Lords has received proposals for reform and those proposals are to modify the traditional form of the Life Peerages Act 1958 and the Peerage Act 1963. "
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Family Law: The Legal Institution of Marriage, 2005. A discussion on whether the legal institution of marriage remains fundamentally important in family law, or whether the law is now based upon a wider concept of family. 1,621 words (approx. 6.5 pages), 14 sources, APA, AU$ 75.95 »
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Abstract Different forms and definitions of family may have found greater acceptance in modern society but marriage still stands as the supreme form of family relations. This essay discusses how the concept of family has evolved over time, from the formalist conception to the subjective approach and how cohabitation is increasingly undermining the traditional concept of the family.
Outline
Introduction
Marriage and the Law
What Makes Marriage Special under the Law?
Privileges of Marriage
Conclusion
From the Paper "Unlike mere cohabitation and other forms living arrangements, marriage provides greater security. As soon as the marriage takes places, operations of law automatically applies to the couple, thus, affording both parties and their children greater protection. "The current law affecting cohabitation fails to provide people with adequate protection, particularly on relationship breakdown." Children of married couples enjoy more security as the Court can order the re-distribution of finances of couples in cases of divorce, based on the doctrine of equitable contributions set out in the case of Midlandbank v Cooke (1995). Under the Matrimonial Causes Act 1973, the Court can assess maintenance payments and adjust spouses' interest in property. "
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Effectiveness of Treatment Within Legally Constrained Institutional and Community Environments, 2001. This paper analyzes and evaluates the effectiveness of correctional institutions and community programs. 1,580 words (approx. 6.3 pages), 2 sources, AU$ 74.95 »
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Abstract The following paper discusses theories of criminal punishment and examines the advantages and disadvantages of incapacitation. The advantages and disadvantages of community programs are also reviewed and crime prevention strategies that work, do not work, and that are promising are also discussed. Finally, this paper concludes with a proposal to improve the effectiveness of incapacitation and community programs.
From the paper:
?Supporters of deterrence believe that if punishment is imposed upon a person who has committed a crime, the pain inflicted will dissuade the offender (specific deterrence) and others (general deterrence) from either repeating the crime or from committing similar crimes. Incapacitation deprives offenders of the ability or opportunity to commit further crimes that harm society. Rehabilitation seeks to prevent future criminal behavior by providing offenders with the education and treatment necessary to eliminate criminal tendencies, as well as the skills to become productive members of society.?
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Legal Naturalism vs. Legal Positivism, 2002. A comparison of laws understood to come about naturally or through some form of positive creation. 2,630 words (approx. 10.5 pages), 2 sources, MLA, AU$ 114.95 »
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Abstract This paper examines two of the general theories of law - legal naturalism and legal positivism, both of which have had an enormous influence on law throughout history. The first part of the paper looks at natural law which describes those diverse theories of law that do not accept human law as true law and hold that a particular "something other than the positive law is the true law". The second section examines legal positivism where one of several general theoretical traditions is based on the belief that the source of knowledge lies in experience, not in reason, nor in mind.
From the Paper "A good example of the usefulness of classical legal naturalism can be seen in the rise of commercial law in the Middle Ages in Europe. As Glendon, Gordon, and Carozza point out, the rise of commercial law took place when Roman civil law provided no adequate coverage of new problems that arose as trade "emerged from the localism and relative economic stagnation of the Middle Ages" in the form of international banking, expanded maritime trade, and rising commercial centers."
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The Failure of International Institutions, 2005. This paper argues that international institutions fail because actors like the U.S. refuse to allow them to work effectively. 2,990 words (approx. 12.0 pages), 11 sources, APA, AU$ 127.95 »
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Abstract This paper, based on John Mearsheimer's article, "The False Promise of International Institutions", argues against the effectiveness of international institutions by attacking three leading institutionalist theories: Liberal institutionalism, collective security and critical theory. The author points out that international institutions have failed up to this point because they do not have in place effective mechanisms for those who break international law and there are double standards in these institutions, which clearly favor the more powerful states. The paper concludes by offering suggestions for a re-organization in international institutions, which will result in more positive conclusions resulting in a more interdependent, cooperative international society.
From the Paper "The attack upon liberal institutionalism suggests that this idea does not provide a sound basis for understanding international relations or promoting worldwide stability. This argument is based upon the fact that liberal institutionalism focuses on cooperation and avoids the direct question, which propounds on whether or not international institutions cause peace. Another strong argument against liberal institutionalism besides its narrow definition of "cooperation" is that it virtually ignores the other major obstacle to cooperation: relative-gain concerns. A prime example of this in current institutional history can be gleaned from the arguments made against Turkey's inclusion into the EU, which appear to be much less concerned with Turkey "cheating" the system and much more about relative-gain concerns with regards to this new addition. "EU Business" backs this assertion with forecasting high costs for European taxpayers when "EU Agriculture Commissioner Franz warned last month that Turkey's inclusion could cost 11.3 billion Euros a year in agricultural subsidies" and "EU regional development aid could reach 10 billion Euros a year.""
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Hegemonic Stability Theory, 2002. An examination of the hegemonic stability theory which maintains that the presence of a powerful institution, with strong leadership and the power to impose sanctions, becomes even more necessary to maintain a liberal world economy. 1,225 words (approx. 4.9 pages), 6 sources, MLA, AU$ 60.95 »
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Abstract This paper examines the theory of hegemonic stability and how it applies to the current climate of globalism. The first part of the paper traces the early roots of hegemonic stability theory, and how hegemons have regulated the international liberal economy through various historical periods. The second part examines the growing critiques to hegemonic stability theory. In the last part, the paper looks at the new theories that have been proposed to shed light on the new economic order, and compares how these new theories compare to the theory of hegemonic stability.
From the Paper "One of the earliest proponents of hegemonic stability theory was Charles P. Kindleberger, who maintained that the only way to ensure stability within the international economy was for a single country to ?assume responsibility for maintaining a relatively open market? (cited in Lake, 147). For Kindleberger, a country?s ability to stabilize the international economy rests largely on its size and its position within the larger economic system. Small states that cannot affect the international economy are ?free riders.? Middle-sized states that are big enough to cause damages but not substantial enough to stabilize the economic order are considered ?spoilers? (Lake, 147).
Finally, the large states have both the size and the capability to stabilize the international economy. Therefore, only these states should assume the mantle of leadership (Lake, 157). Robert Gilpin further refined Kindleberger?s original formulation by proposing a more nuanced view of the interrelationship between nation states. First, Gilpin challenged the primacy assigned to the economic system by recognizing a reciprocal relationship between the market and the policies of nation states. While states may set rules for investors and multinationals, the state policies, interests and actions are themselves shaped by economic and technological forces (Gilpin 24)."
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Theory of Aggregate Demand, 2004. A discussion on the relationship between financial institutions and aggregate demand. 1,009 words (approx. 4.0 pages), 4 sources, APA, AU$ 51.95 »
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Abstract The paper states that the economics theory of aggregate demand suggests AD is the measurement of the ability and willingness of people and firms to buy goods. The concept has been derived from Say's law which states that supply creates demand. The paper comments that this means that when there is enough supply people are motivated to purchase things for consumption; firms are more inclined to invest in more projects as the supply of goods and services are available at a cheaper price. The paper highlights that world components of aggregate demands such as prices, international relationships and political institutions all create interdependency and therefore it becomes difficult to actually segregate how certain components affect the others. The paper determines the relationship between financial institutions and aggregate demand and to what extent the quantity theory of money is relevant. The paper concludes that financial institutions are indirectly linked to AD. The quantity theory of money in turn is a good model for explaining the way AD operates in financial market.
From the Paper "Having said that it, one can now analyze the relationship of financial institutions and AD. Financial institutions deals in resources rather than goods and services and factors like credit level determined by the government, interest rates, and the monetary policies greatly influence its performance. Furthermore, financial institutions operate on a different platform as it does not apply the empirical model of AD theory."
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Social Disorganization Theory, 2002. Discusses juvenile delinquency research pertaining to Chicago, using the social disorganization theory. 2,760 words (approx. 11.0 pages), 7 sources, APA, AU$ 119.95 »
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Abstract Juvenile delinquency is a contemporary term for an old problem. One of the oldest relevant studies of the phenomenon is ?social disorganization? theory, which was developed by the Chicago school of sociology in the 1920?s. The paper shows that this theory posits that there exist areas in a city in which traditional institutions have little or no control. This was studied in Chicago using a system of ?Concentric Zones? which demonstrated that most of the crime in the city occurs within certain areas that are typically associated with poverty. The paper discusses studies done by Shaw and McKay in the 1940s which used this theory to show a strong association between census tracts and crime rates. The paper describes the theory and analyzes it, showing the arguments of those schools who utilize the theory as well as its critics.
From the Paper "She felt that court appearance was too narrow of a metric to judge delinquent behavior in children. She argues that the customs of diverse cultural groups are such that irrespective of the location of the groups in the city the proportions of their populations who come before the courts will inevitably vary. Robison's concept of delinquency is broader than Shaw?s, and extends to cover behavior, which is generically described as anti-social. She argues that that the higher the parental income the fewer the child's chances of coming into court. Robison's arguments would appear reasonable in its universality: view of the fact that the efficiency of various cultures in controlling the behavior of individuals can scarcely be measured in the same way."
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The Big Bang Theory, 2004. An overview of the Big Bang theory of the origin of the universe. 2,736 words (approx. 10.9 pages), 6 sources, MLA, AU$ 117.95 »
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Abstract This paper discusses how the Big Bang theory is considered by many to be the most plausible model concerning creation and how modern educational institutions, especially from elementary school to undergraduate university level, continue to teach the Big Bang without question or qualification. It provides an overview of the physics of the theory and also looks at other theories, such as the Steady State theory, which have departed form the original model.
From the Paper "From the beginning of the recording of human consciousness, man has looked up to the skies of heaven and pondered the creation of the universe. The earliest recorded writings on the subject addressed the universe, and its nature, from the most basic origins. These writings included the questions of whether a ?higher power/omniscient being? was responsible for its creation, if the universe was based on a singular ?event? that resulted in its evolution, to the most basic, and seemingly logical idea (to many ancient sources, anyway) that the universe was simply infinite, uncreated, and forever unchanging."
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Theory on Accreditation, 2007. This paper examines the theory on accreditation as proposed by the Institute of Medicine. 1,122 words (approx. 4.5 pages), 1 source, MLA, AU$ 55.95 »
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Abstract This paper describes various accreditation models used in the US in the field of health care. Different models of accreditation and the situations in which they are used are presented. The similarities and differences in models are also discussed. The length of time accreditation is valid and the accrediting body's credentials are also explored. Pertinent research studies are analyzed. The author concludes that the accreditation process, along with accreditation standards and operations must directly involve research participants.
From the Paper "In the United States accreditation efforts "followed one of two models, although a third model can also be observed". The first of these models consists in supplementing government regulation through accreditation. In this case, accreditation would be considered a mark of excellence held by organizations already regulated by the government. Only a fraction of these entities are accredited. This model was illustrated by the NCQA program (NCQA 2001a). In the United states the organizations are regulated by state insurance departments, state health departments, or DHHS. Accreditation is perceived as an indicator of performance higher than the required minimum."
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Analyzing the ?Right? Institutions in International Relations, 2003. A discussion and evaluation of institutions such as democracy and human rights and their applicability to international relations. 1,032 words (approx. 4.1 pages), 4 sources, MLA, AU$ 52.95 »
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Abstract If all countries had the right institutions, the world would be more peaceful, prosperous and just, but the institutions considered ?right? do not necessarily have to be democracy, human rights and free markets. Evaluating international relations is difficult because each situation requires different institutions; however, history provides a reasonable basis for analysis. History suggests that the correction or elimination of troublesome institutions would greatly contribute to world stability and cooperation, but recognition of the ?right? institutions to replace them proves difficult and arbitrary. This essay evaluates American ideals for international relations. It questions the universal appeal of democracy and other "right" institutions. It uses historical examples such as the two World Wars as case studies to support its claims.
From the Paper "In contrast, the institutions causing World War II could have been avoided more easily. World War II was largely the result of an inadequate conclusion to the war preceding it and growing institutions such as nationalism. The victorious countries of WWI were blinded by their pursuit of the ?right? institutions such as democracy, so they inadvertently recharged international tension by thrusting a weak democratic republic on an unwilling German populace. In this case, the ?right? institution would have been one that the Germans chose rather than necessarily requiring democracy. Also, the quest for an adequate balance of power had created poorly constructed boundaries between countries, often ignoring the nationalities of the inhabitants. These causes of friction led to unrest and the escalation of conflict to yet another World War."
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Risk Management in Financial Institutions, 2002. This paper discusses the article "Risk Management in Financial Institutions" by George Oldfield and Anthony Santomero. 966 words (approx. 3.9 pages), 1 source, MLA, AU$ 50.95 »
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Abstract The paper studies the article in order to address two issues associated with risk exposure for financial institutions. The writer asks the questions and then finds within the article that different styles of risk mitigation are applicable to all types of financial institutions, although the balance among these mitigation strategies will vary by institutional type and by institution within institutional types depending upon an institution?s needs at any given time.
From the Paper "The first question facing a financial institution, thus, is whether to manage risk or avoid risk. Costs are involved for a financial institution regardless of the nature of the decision on this issue. Thus, the decision itself boils down to a question of which decision likely risks the greater costs for the institution. At this level, a financial institution may avoid risks through business practices that minimize risk exposure or the institution may transfer risks to other participants. In the first instance, the financial institution will forego some level of business activity to minimize risk exposure. The question revolves around the issue of whether potential loss of profits from business not conducted likely would exceed any losses associated with the higher level of risk exposure. In the second instance, the financial institution will need to compensate in some way other participants for assuming risk. The question in this instance revolves around the issue of whether the costs of compensating other participants likely would exceed any losses associated with retaining the risks by the financial institution."
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Social Control Theory, 2006. An analysis focusing on Travis Hirshi's social control theory. 3,635 words (approx. 14.5 pages), 10 sources, APA, AU$ 146.95 »
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Abstract The paper examines social control theories and that all control theories play on the theme that deviance is mainly a function of the kinds of constraints to which people are exposed. The paper focuses on Travis Hirschi's revised theory of social control (1969), which contends that everybody is motivated toward deviance, but only those who are relatively free of the bonds of commitment to, and belief in, the conventional order, attachment to others, and involvement with conventional institutions of society actually manifest their deviant motivation in unacceptable behavior. The paper further examines the work of Emile Durkheim arguing that individuals are freed to commit crime when their ties to the conventional social order are weak or broken. The paper concludes that Hirschi who speaks of control, does not offer a conceptualization of control, and that he appears to use the term as "the loose equivalent of influence".
From the Paper "The relevance of control for criminology is by no means limited to control theories about crime. Even if all versions of the control theory come to be abandoned, no alternative notion will be as important as is control in connection with criminology's policy implications. 11 Again, no criminological theory can be applied to realize a policy goal without manipulating the theory's independent variables, and such manipulation is bound to entail control attempts, probably on a massive scale."
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Bulgarian Financial Markets and Institutions, 2001. A comparison of the financial markets, institutions and instruments existing in Bulgaria with those in the United States of America. 1,944 words (approx. 7.8 pages), 10 sources, AU$ 88.95 »
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Abstract This paper compares Bulgarian and American financial markets, institutions and instruments on the level of existence and development. Following a comprehensive comparison table is the actual explanation of every type of financial institutions/instrument in the context of its development in Bulgaria. A part of the paper points financial institutions/instruments that exist in Bulgaria but not in the USA. Another part of the paper proposes development of the most needed financial institution at present.
From the Paper "One of the institutions that does not exist in the United States but is present in Bulgaria regards the central bank of the country. Bulgarian National Bank was created in 1879 and was initially functioning as a regular bank. During the Communist regime in the country its operation was terminated and in 1991 was resumed with the acceptance of the Central Bank Law and The Bank and Credit Law. These laws were changed significantly in 1997 when Bulgaria was placed under Currency Board. Presently the central bank is transformed in such a way so that it can work as a Currency Board. Its balance includes both Bank and Currency Board entries. The currency reserve, which includes foreign currency, gold and foreign securities, covers the money in circulation, commercial banks deposits and government deposits. The Lev is tied to the Deutch Mark (1DEM=1Lev). According to the present regulations, BNB cannot give credit the government. Commercial banks are allowed credit but to a limited extent. This is possible only in cases when systematic liquidation risk exists. The maximum period of credit is 3 months and a deposit of gold of foreign securities is required. Yet, the credit of commercial banks is possible only if ?surplus? in the balance of BNB exists."
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Keynesian Theory and Five U.S. Economic Situations, 2004. This paper discusses responses, based on Keynesian theory, to five proposed hypothetical fluctuations in the U.S. economy. 1,570 words (approx. 6.3 pages), 2 sources, APA, AU$ 74.95 »
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Abstract This paper explains that basic Keynesian theory states that, ?in a normal economy,? there is a high level of employment, and everyone is spending salaries as usual, which means there is a circular flow of money in the economy. The author points out that, according to Keynes, if stock market prices rose sharply, this would be an indication that the economy was looking up and that consumers were willing to spend more. The paper responds that, if Congress passes an increase in income tax rates to take effect next year, according to Keynes, the effects of this measure should be salutary, if the increased funds are accrued by the federal government and utilized properly to create jobs by expanding the government programs of public works.
Table of Contents
Overview of Keynesian Theory and the Current U.S Economic Situation
Hypothetical Occurrence 1#: The stock market prices rise sharply.
Hypothetical Occurrence 2#: The Conference Board's Index of Consumer Confidence falls for the fifth straight month.
Hypothetical Occurrence 3#: The rate of capacity utilization rises.
Hypothetical Occurrence 4#: The government institutes a 10% investment tax credit retroactive to the start of the year.
Hypothetical Occurrence 5#: Congress passes an increase in income tax rates to take effect next year.
From the Paper "Keynes stated that ?in a normal economy,? there is a high level of employment, and everyone is spending salaries as usual. This means there is a circular flow of money in the economy. Individual spending becomes part of total earnings. Total earnings become part of the total spending, generating profits. When something happens to shake consumer confidence in the economy, consumers begin to save their money. Because consumer spending is part of other consumer?s earnings, consumer?s decisions to hoard money cause retailers to spend less and to lay off employees. Responding to these difficult times, ?other consumers resort to hoarding money as well.? "
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