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Economic Theories Of Harsanyi, Nash, Selten, Fogel, And North
Number of pages: 6 | Number of words: 1404

.... award for their achievements in economics." The trios accomplishment portrayed the significance of Von Neumann and Morgenstern's contribution to game theory, which was recognized by economists and others almost immediately. The lessons they drew from homely games like chess and poker had exemplified universal application to economic situations in which the participants had the power to anticipate and affect other participants' actions. Harsanyi stated "it is a theory of strategic interactions...of rational behavior in social situations in which each player has to choose his m .....


The Australian Dollar
Number of pages: 3 | Number of words: 615

.... have been published suggesting that further A$ appreciation is in prospect for the year ahead. While it is commonly accepted that "the trend is your friend", all the fundamentals must be taken into account in the longer term. The fundamentals currently being overlooked (which we feel will come to matter) are (1) the outlook for commodity prices; (2) the extent of the Asian recession, (3) the path of the current account deficit deterioration and (4) the prospects for interest rates. Despite some success in diversifying the export base away from near complete reliance on prima .....


The Asian Crisis
Number of pages: 3 | Number of words: 737

.... time period. of recent falls into this category of inefficient balance of payments facilitated by depreciation of its currency. By competitively depreciating its currencies, Asia is exporting its deflation, its overcapacity and its lack of growth to the West, particularly to the US. History The past ten or fifteen years have seen an unprecedented expansion in the extent to which the countries of the world are tied together, both by instant communication and by international trade, institutions, and markets, including financial markets. On the whole, this process of globa .....


Budget 97
Number of pages: 4 | Number of words: 880

.... and puts the country's destiny back into domestic palms. With this said, Martin announced no new tax increases, although the raise in the Pension Plan could be considered a hidden tax increase. Martin announced no new spending cuts in this budget although cuts made in previous budgets are set to slash 3 billion more dollars this year. There was some extra spending sprinkled into various areas. For starters, a new tax benefit will be created in co-operation with the provinces, costing the Federal government $600 billion. This program is attempting to help the poor and this .....


Classical Liberalism
Number of pages: 4 | Number of words: 897

.... is that we are coldly calculating. Being coldly calculating means that when a situation comes about we dissever what will make us receive less pain and more pleasure. Although the human motivation is by pleasure it is the decision that are cold, selfish, dispassionate, and rational assessment of the situation to choose how to avoid the pain and receive the pleasure. The emphasis on the importance of rational measurement of pleasure and pains that forms the calculating intellectual side of the classical liberal's of psychology. Classical liberalism tells us that if .....


The North American Free Trade Agreement
Number of pages: 8 | Number of words: 1991

.... the growth of the American economy. NAFTA negotiations began on June 11, 1990 when former President George Bush and Mexican President Carlos Salinas de Gurtari met to discuss the possibility of revising current trade policies. The thing that set the NAFTA apart from other trade agreements historically was that it was to be the first trade agreement entered into between two industrial countries and a developing country. By much of the world the NAFTA is often viewed upon as North America's answer to the European trading bloc. Many provisions of the NAFTA take their roots .....


"Boeing And Union Agree To Meet With Mediator"
Number of pages: 2 | Number of words: 361

.... cut down on some of the privileges of its employees. The union members on the other hand refuse to recognize the financial situation of the employer and insist on better wages, bonuses, and all the other goodies associated with being in the union. James Dagnon a human resources senior vice president told the engineering-union leaders that they haven't recognized "the competitive battle that we're in here." Now I hardly ever fly, and if indeed the prices of airfare would go up as a result of the labor unions getting their way, or for if for some reason the union goes on stri .....


Unions
Number of pages: 9 | Number of words: 2421

.... Congress, Quebec, 1991, P.17 2 Notes On Unions, Canadian Labour Congress, Quebec, 1992, P.1 Union Nowadays "Unions are like businesses: their success depends upon attracting and retaining buyers (new members). Recently, one of the major problems faced by the union movement is that few Canadians understand what services unions come into public."3 The public also don't know the union is also helping Canada in other parts of areas such as economy, etc. The public think that the only time unions come into the public's eye is as a result of strike or withdrawal of se .....



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