An Study Of Human Behavior Based On Cost Benefits - 844 Words

Economics is the study of human behavior based on cost-benefits analysis. They deal with scarcity, the unlimited wants humans have and limited resources that’s available (â€Å"What Do Economists Do†). Marriage is based on the idea that both partners will dedicate the rest of their lives together, through sickness and adversities. The majority of couples that goes into holy matrimony expecting the relationship to last forever. Studies have shown that divorce rates have been on the rise to over 50% in the past decade (McElory 1). People who jump into marriage without first laying a solid foundation of learning and understanding their partners; seeing eye to eye on various issues, will be more prone to divorce. Marriage patterns are based partly on age and education status. One of the variables of a stable marriage is based on the individual’s education. The Bureau of Labor Statistics have been collecting information and data based on gender, race, ethnicity, and e ducational attainment in the United States. They have found that white people are twice more likely to attain a bachelor’s degree than Blacks and Hispanics. This is largely because the government has a monopoly control over education and schools across the country. The government has laws to prevent parents from choosing what schools their children can attend, even if it’s an F grade school with graduation rates below 10% (â€Å"Marriage and Divorce†). They are largely zoned to the school the government forces then to go. IfShow MoreRelatedThe Perspective of Rational Choice 1552 Words   |  7 Pageslarger systems. When I read in our book how human behavior is based on self-interest and rational choices about effective ways to accomplish goals (Hutchison, 2008, p. 46), my past interactions made so much more sense. This is because human interaction involves trade of social resources, such as love, approval, information, money, and physical labor (Hutchison, 2008 , p. 46). One is simply trying to maximize benefits, what you get, and minimize costs, what you lose. One’s values, norms, and expectationsRead MoreThe Effect Of Wireless Phone Radiation Risks On Human Health753 Words   |  4 Pagese.g. food with a conditioned stimulus e.g. bell (Lecture, Feb 24 2016; Bandura, 2004). Therefore the association between the bell and subsequent food is a learned behavior. This response could be reversed through deconditioning when the reward is removed. In order to receive cash the Oprtunidades participants learned healthier behaviors by being conditioned over ten years that the program provided conditional cash transfer to them. When the CCT program was eliminated it could have reversed the processRead MoreThe Social Exchange Theory in Interpersonal Relationships1577 Words   |  7 Pagesinterpersonal communication. One of the theories that is used to explain changes in social behavior is the social exchange theory. The social exchange theory proposes t hat social behavior is the result of an exchange process between two people. The basic concept of the exchange theory is that it emphasizes the cost between the interactions of people and their social environment. Exchange theory attempts to explain human behavior under the content of a balanced-equal ratio within the distribution of giving andRead MoreBenefits and Cost of Valuing Diversity Essay629 Words   |  3 Pagesshould be valued in order to achieve the greatest competitive advantage, improve business performance and to enhance the progress and growth of the company. Diversity does not only have benefits. It also has disadvantages such as increasing conflicts, detrimental work behaviors and communication barriers. Benefits of valuing diversity A company with workers from different backgrounds should be valued because it has a wide variety of talents and has a competitive advantage over a homogeneousRead MoreThe New Hope Antipoverty Program Essay1501 Words   |  7 Pagesnot receive all the benefits they deserved because of their low incomes. One thousand three hundred and fifty-seven low-income adults, living in the two poorest neighborhoods of that city, volunteered to take part in the study to see how effective this experimental program would be. The participants were all randomly assigned, and half of them would receive the New Hope benefits while the other half served as a control group that would not receive the benefits. These benefits included earning supplementsRead MoreThe Rational Choice and Biological Trait Theories Essay1748 Words   |  7 Pagesrational choice theory comes from the classical theory which is based off of personal choice towards criminal behavior. Criminal behavior under the rational choice theory has been due to the free thinking of society and has always been because of a specif ic thought process of personal vendettas. For example, a jealous person may feel the need to do something physically illegal like punching another person in the face because the benefit of gratitude is worth the risk of consequence. The example aboveRead MoreConsidering The Ethics Of Minors And Birth Control1281 Words   |  6 Pagesrights-based, duty-based, justice based, and virtue-based ethics. Utilitarianism Utilitarianism also known as the principle of utility is an ethical theory proposed by early philosophers. This theory implies that actions are only judged by its consequences whether they are good or bad. One should perform a particular action because it will yield the best results for all. This approach also analysis the cost and benefit relationship. The downfall with this theory is that not everyone benefits (FremgenRead More Altruism: Selfless or Selfish? Essay1622 Words   |  7 Pageson earth. Perhaps before I even consider that question, however, I should wonder whether we even can be here to help others: is selflessness really possible? Or is altruism merely doing things for others in order to feel good about ourselves? If human altruism exists, how does our neural system deal with it? The issue of altruism is complicated by the lack of agreement about many aspects of it, including its very definition. The word altruism, which comes from the Italian altrui, was coinedRead MoreDeveloping Vehicular Data Cloud Services795 Words   |  4 Pages1109/TII.2014.2299233 The authors presented a multilayered approach to protect the vehicular data using the cloud platform and IoT technologies. The IoT platform’s functional, performance, and security requirements for hosting vehicular data in cloud based IoT platforms were discussed. The gaps in the existing security encryption algorithms and performance requirements were enumerated. The gaps mentioned in this article are already discussed in existing literature and no new findings were presentedRead MoreEconomics of Information1066 Words   |  5 Pagescapita would thus be described as developed countries. Another economic criterion is industrialization; countries in which the tertiary and quaternary sectors of industry dominate would thus be described as developed. More recently another measure, the Human Development Index (HDI), which combines an economic measure, national income, with other measures, indices for life expectancy and education has become prominent. This criterion would define developed countries as those with a very high (HDI) rating