Which statement best exemplifies current motivation theories? The reinforcement approach to motivation has been found to be superior to other motivational models. The motivational models that make strong economic assumptions regarding human motivation have received the most universal acceptance. There are several approaches to motivation, and one or another may be useful in specific organizational contexts, with specific individuals or groups, at different times. Freud's psychodynamic theory of motivation has generally been supported with the strongest empirical evidence.
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- Show how education can signal the worker’s innate ability in the labor market. What is a pooled equilibrium? What is a perfectly separating signaling equilibrium?Heterogeneity in an endowment economy Suppose we have two typesof households: A and B. The utility maximization problem for a consumerof type i is max InCi,t+β ln Ci,t+1 Ct,Ct+1subject to Ci,t +Ci,t+1/ 1 + rt = Yi,t + Yi,t+1 / 1 + rt Note that the A and B households have the same discount rate and the same utility function. The only thing that is possibly different is their endowments. 1, Write down the Euler equation for households A and B.Our earlier model focused on the most basic trade-off introduced by the policy. One aspect of the policy that is also heavily debated is the fact that not every household can afford to upgrade their car in order to avoid paying the ULEZ fees. We now want to understand how best to design the scrappage scheme, which subsidises changing cars for those who need it the most. In particular, we want to know whether the scrappage scheme can create a moral hazard problem. To guide our analysis, consider the following simple model. The government would like to introduce a subsidy to help citizens who need their car for work and cannot afford to buy a ULEZ-compliant car. It also wants to ensure that only citizens who need to drive their car regularly use the subsidy. Instead of the two groups of citizens discussed above, we focus on one particular citizen who does not drive very often, only once a year. As a result, this citizen does not emit excessive pollution even with a car that is not…
- Our earlier model focused on the most basic trade-off introduced by the policy. One aspect of the policy that is also heavily debated is the fact that not every household can afford to upgrade their car in order to avoid paying the ULEZ fees. We now want to understand how best to design the scrappage scheme, which subsidises changing cars for those who need it the most. In particular, we want to know whether the scrappage scheme can create a moral hazard problem. To guide our analysis, consider the following simple model. The government would like to introduce a subsidy to help citizens who need their car for work and cannot afford to buy a ULEZ-compliant car. It also wants to ensure that only citizens who need to drive their car regularly use the subsidy. Instead of the two groups of citizens discussed above, we focus on one particular citizen who does not drive very often, only once a year. As a result, this citizen does not emit excessive pollution even with a car that is not…Compare and contrast Jevon’s and Gossen’s view of the equimarginal rule for maximizing consumer utility. Which approach best captures the current state of knowledge in microeconomic theory? Why?Many city governments provide transportation subsidies in the form of lowering the cost perride on public transit (e.g. buses or trains) to lower traffic congestion. According to the modelin this class, which of the following statements may be true about this type of transportationsubsidy? Do not worry about the underlying facts of each statement, only whether it makeseconomic sense given our model. (Select one or more.)(a) Subsidies decrease the number of drivers because transit and driving are substitutes.(b) Subsidies decrease the number of drivers because transit and driving are complements.(c) A subsidy is identical to a binding in-kind transfer.(d) The equivalent variation of a subsidy is greater than the cost of a bus/train trip.(e) The equivalent variation of a subsidy is less than the same size lump-sum transfer.(f) We can’t compute equivalent variation since congestion is an externality.(g) Transportation subsidies target low-wealth people because transit is an inferior…
- Suppose that the University of Alabama and Clemson are making spending decisions for theupcoming year. Assume that Alabama is currently spending $15 million on their recruiting andfacilities, and Clemson is spending $10 million. Each team has an additional $5 million to spendor keep as profits. If they both choose to not spend the additional $5 million then Alabama hasa 60% chance of getting the highest quality quarterback recruit to commit to them (getting thecommitment of the player is the goal). However, if they both choose to spend the additional $5million then there is a 57% chance that Alabama gets the high quality quarterback to commit. IfAlabama spends the additional $5 million but Clemson doesn’t then there is a 67% chanceAlabama gets the recruit. However, if Alabama does NOT spend the additional $5million butClemson does then there is a 50% change either team gets the recruit’s commitment. Setup thepayoff matrix and label the players, their strategies, and their payoffs, and…When using the social ecological model, which of the following would be considered part of the "exosystem" of influence on an individual's physical activity? O Personal factors O public policy O Institutional factors O Exosystem does not exist in the social ecological model If you have a client who wants to work out on his own, which of the following method of prescribing exercise intensity you should recommend to be more accurate? O Rating of perceived exertion (RPE) O Talk test O % Age predicted HRmax O % Heart rate reserve (measured)Which statement best summarizes the research on the construct of male gender identity called machismo? Group of answer choices Macho men can be aggressive, courageous, or protective. There is no consensus. Macho men share many different characteristics; but, the only consistent trait is infidelity. Macho males are exclusively from Hispanic/Latino societies Men from any culture who are aggressiveness, violent, and dominant over women are macho.
- The HO model is based on four key relationships: between factor prices andcommodity prices, between goods prices and outputs, between goods prices and factor returns, and lastly between factor endowments and outputs.Clearly Explain.Another (partial) view of discrimination, a pessimistic one, comes from behavioral economics. This perspective suggests that people can discriminate even if they don't “want” to because of ________. (Fill in the blank.)Please explain how Jack and Cody can maxmise utility through living in the same household with a unitary and non-unitary models. Unitary models - Mutual altruism (or any unitary model) Non-unitary models - Copertive models - Collective + Bargaining model.(or any Non-unitary models)