...Antonia Jones Franklin University Global Health Contagion July 20, 2014 Contagious is the movie I chose to review and I found it to be very interesting and also has the potential to be true. The name was extremely fitting as being “contagious” is how the unknown disease was spread. The disease was initiated in Hong Kong which was found to be the source after millions were already exposed. A woman on a business trip from U.S was exposed in Hong Kong and contracted dozens through her travels at the airports and other locations which lead to the spreading of the strand to various states. Since the unknown disease is highly contagious, everything that she or any infected person touched was vulnerable. The initial contact was in a casino in Hong Kong and was spread through contact with a sick person or something that they touched. After various cities, states, and countries were exposed the Centers for Disease Control (CDC) and World Health Organization (WHO) were involved. The disease has the potential to harm more than 1% of the world’s population, which equates to 70-80 million people. As with any other new disease there are too many variables to consider, symptoms, affected locations, susceptible patients, and ways of transmission to name a few. In the beginning multiple perspectives were provided to determine how the disease was both contracted and transmitted, different scenarios were taken into consideration until the cause was determined. The director of the movie...
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...The ability to stop contagion from happening is impossible because people react before actions can be implemented but some control is most definitely possible. The Asian countries mentioned in the video, Thailand, Malaysia, Indonesia and Korea witnessed collapsing economies because investors and individual withdrew their funds very rapidly causing panic and creating a chain reaction. Limiting the amount a consumer can withdraw from an account on any given day may help but there are no limits on deposit or investment amounts so it would be difficult for consumers to accept. When economic despair is upon us we can just close banks for a period of time allowing all of the hype to dissolve. Like the video mentioned the LTCM was unable to receive Governmental help because they were privately held but on the verge of economic collapse the governmental needs to take control. I mean, who is the only entity in the world that can send consumer’s letters stating that on error on a tax return from five years ago was made and you owe this much plus 300% interest. That situation possibly created economic crisis for the consumer on the receiving end of the letter so why is it beyond their control to help. Public or private funds affect the well being of the economy and the government basically makes the rules and controls the interest rates of the economy. I believe that when an organization or country receives a bail out the lenders should have control of how and when the funds will be repaid...
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...THE CONTAGION EFFECT Contagion refers to a situation whereby individuals and groups prone to violence copycat the crimes popularized by the mass media. Theories The contagion theories have been rejected and forwarded in matters pertaining to terrorism and the effects of mass media. Some scholars have denied a relationship that could be termed as cause-effect. There has been literature that has implicated the media as responsible for the effect of contagion when it has come to terrorism violence but these claims have proved to be unsubstantiated. However it is to be pointed out that the media’s reporting or non-reporting of terrorism does show evidence of contagion effect that is brought about by the coverage. To be more specific, there was shorter lag time emulation for example in the cases of hijackings, kidnapping, assassinations and bombings when it came to television coverage. This was realized by scholars (Weimann and Winn) The pros and cons with regards to the contagion effects are that the media on one hand can help to curb terrorism by showing the world how terrorism destroys and the international community can respond strongly against the terrorists. The downside is that terrorists through the media have a platform to air their propaganda to other likeminded individuals in the society. To some extent, the terrorist’s tactics are effective and the media deals with this by not highlighting their propaganda in the news. The U.S being a leading super power can without...
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...Yawning: The Power of a Single Word Intro: The power of a single word…one of life’s greatest mysteries. The ability to affect an entire crowd by uttering a distinct expression…do you know what word I’m talking about? It’s the word… Yawn. Believe it or not, yawning is one of the most googled phenomenons in the world. As a frequent yawner, I often question the mysterious bodily function. Without thinking about it, I can see or hear someone yawn, yearn to replicate the action, and before I know it, my mouth is agape. In fact, I’ve caught myself yawning involuntarily while talking on the phone to some of my most exciting friends. I’m pretty sure what I heard at the other end of the phone was a contagious yawn from the ever-so entertaining counterpart. All of you have experienced yawning, but many do not know its purpose, which is why I am here to inform you about why we yawn, why it is contagious, and how it benefits the body. Body: There are several reasons why we yawn, and those reasons have puzzled scientists for years. After completing many experiments, Andrew C. Gallup, a postdoctoral research associate at Princeton University, concluded that yawning cools the brain. Gallup explains to WebMD that when you begin to yawn, the stretching of your jaw increases blood flow in the neck, face, and head. The deep inhalation of breath that comes with a yawn drives the flow of spinal fluid and blood to the brain. Cool air that is breathed in lowers the temperature of these...
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...After watching the movie Contagion, I came to the realization that contagious diseases are simply unpredictable both in their origins and also, their transmission. It amazed me to see at the end of the movie, the origin of the disease. as the bat played in the banana tree, a piece of banana that the bat was eating simply fell into the farm of pigs. The pigs were then innocently transported to the restaurant, which came in contact with one of the cooks in the restaurant. The cook failed to wash his hands and went out to say hello to Beth. Beth then innocently proceeded to have a good night with the other people in the casino, and silently spread the virus. Unknowingly the people that Beth came in contact with travelled back to their residing...
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...In both the Contagion movie and the articles on SARS the outbreaks come from a common source. A common source epidemic is an outbreak “due to exposure of a group of persons to a noxious influence that is common to the individuals in the group” (Friis & Sellers, 2014). The SARS outbreak started when people who stayed at the Metropole Hotel came in contact with traces of the virus Dr. Liu had left on a lift button. Since the carriers scattered to different places around the world the disease spread quickly. On the other hand, in the movie Contagion, we see that Beth was the common source the first few cases of the MEV-1 virus had come in contact. We learned that the chain of events started when Beth’s company cut down trees in a forest in china which caused some bats to fly out. One of the bats that was infected with the...
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...The idea of suicide contagion is similar to the social multiplier theory; however, instead of it effecting only a few individuals, it can having a tidal wave effect and cause a significant rise in suicides (Becker et al., 2004). Newspaper and television reporting have caused the risk of the suicide contagion effect to increase dramatically. Stack (2003) “showed that studies measuring the effect of a suicide story involving an entertainment or political celebrity were 14.3 times more likely to find a copycat effect. (pp.111-112)” Research suggests that the inadvertent romanticizing of suicide may be encouraging others to identify with the victim and in turn commit the act themselves (Becker et al., 2004). The World Wide Web has also been shown...
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...THE SUBPRIME CREDIT CRISIS AND CONTAGION IN FINANCIAL MARKETS Francis A. Longstaff∗ Abstract. We conduct an empirical investigation into the pricing of subprime assetbacked CDOs and the resulting contagion effects on other markets. Using data for the ABX indexes of subprime CDO prices, we find strong evidence of contagion effects. In particular, we find that contagion effects spread first from lower-rated ABX indexes to higher-rated ABX indexes, and then from the subprime markets to the Treasury bond and stock markets. ABX index returns forecast stock and Treasury bond returns as much as three weeks ahead during the crisis. Furthermore, ABX index shocks are significantly related to contractions in the size of the short-term credit markets and increases in the trading activity of financial stocks over the next several weeks. These results provide support for the hypothesis that financial contagion was spread through liquidity and risk-premium channels. Current version: August 2008. UCLA Anderson School and NBER. I am very grateful for helpful discussions with Joshua Anderson, Vineer Bhansali, Bruce Carlin, Richard Clarida, Rajna Gibson, Rob- ert Gingrich, Hanno Lustig, Alfred Murata, Steve Schulist, and Jiang Wang, and for the comments of seminar participants at New York University, Pimco, and UCLA. All errors are my responsibility. ∗ 1. INTRODUCTION During the past year, financial markets have suffered catastrophic losses from the ongoing credit crisis. This crisis was initially...
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...stocks tumbled, and the euro currency reached 2-year lows. Nonetheless, Greece was not the only stressed economy in The Euro Zone, in fact, it turned out to be a tip of the iceberg since other nations in the European Union were trailing on the Same road. Spain, Italy, Portugal and Ireland had accumulated huge budget deficits as well as increased public debt to the Gross Domestic product ratios. Portugal had an economic boom that was being sustained by the significantly lower borrowing rates. Nevertheless, it was hit by expeditious wage inflation which adversely affected the local companies’ competition with other foreign firms (CAI and LI, 2012). The sovereign debt crisis in European region has raised utmost concern about the financial contagion from numerous quarters especially the media and the agencies charged with the duty of making monetary policies. The intrinsic fear about the ongoing sovereign debt crisis in Europe is that the act of default of a single sovereign country in the Eurozone would rapidly have spillover consequence that...
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...COLLEGE OF ECONOMIC AND MANAGEMENT SCIENCES DEPARTMENT OF BUSINESS MANAGEMENT An assignment submitted in partial fulfilment of the course: INT4801 (International Business) Assignment 03 Due Date: 09 October 2015 Table of Contents TABLE OF CONTENTS ..................................................................................................................................................... 1 QUESTION 1: CRITICALLY EVALUATE THE IMPORTANCE OF WORLD TRADE ORGANISATION (WTO) AS A REGULATORY BODY IN INTERNATIONAL TRADE ARRANGEMENTS. .................................................. 2 INTRODUCTION ......................................................................................................................................................................... 2 AGREED LIBERALIZATION ............................................................................................................... ERROR! BOOKMARK NOT DEFINED. RULE OF LAW.............................................................................................................................. ERROR! BOOKMARK NOT DEFINED. QUESTION 2: EXTENSIVELY ANALYSE THE RELEVANCE OF SUBSIDY AS AN INSTRUMENTS OF TRADE RESTRICTION, ESPECIALLY IN AGRICULTURE SECTOR. ................................................................... 9 INTRODUCTION ...........................................................................................................................................................
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...Financial Crises: Theory and Evidence Franklin Allen University of Pennsylvania Ana Babus Cambridge University Elena Carletti European University Institute June 8, 2009 1. Introduction Financial crises have been pervasive phenomena throughout history. Bordo et al. (2001) find that their frequency in recent decades has been double that of the Bretton Woods Period (1945-1971) and the Gold Standard Era (1880-1993), comparable only to the Great Depression. Nevertheless, the financial crisis that started in the summer of 2007 came as a great surprise to most people. What initially was seen as difficulties in the US subprime mortgage market, rapidly escalated and spilled over to financial markets all over the world. The crisis has changed the financial landscape worldwide and its costs are yet to be evaluated. The purpose of this paper is to concisely survey the literature on financial crises. Despite its severity and its ample effects, the current crisis is similar to past crises in many dimensions. In a recent series of papers, Reinhart and Rogoff (2008a, 2008b, 2009) document the effects of banking crises using an extensive data set of high and middle-to-low income countries. They find that systemic banking crises are typically preceded by credit booms and asset price bubbles. This is consistent with Herring and Wachter (2003) who show that many financial crises are the result of bubbles in real estate markets. In addition, Reinhart and Rogoff find...
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...Discussing aspects of Facebook Emotional contagion experiment -Karan Ramchandani[MT2014049] Abstract:this eassy talks about the facebook experiment and different aspects of this experiment like technical,ethical and the future use of the results of this experiment. 1:Introduction Emotional conatagion is when we uncontiously show the same emotion as of the person in front of us without even knowing.this is well established in daily life as we can see for example if somebody gives us a smile with positive emotion then all of the sudden we also do the same.earlier it was established that for emotional contagion the person should be in direct contact or we can say it can happens with non verbal communication. a massive scale emotional contagion experiment was conducted by facebook in the year of 2012 to check whether the emotions flow through text,this experiment was carried for about a week in the month of january. The experiment showed that “When positive expressions were reduced, people produced fewer positive posts and more negative posts; when negative expressions were reduced, the opposite pattern occurred. [1]“ basically it was to check how a users posts gets affected by others on the social network. 2:The experiment itself: 2.1: objective:experiment was performed to show that emotional contagion was also their on the social network where people cant see each other directly. 2.2 Experiment:this experiment was carried out on 689003 person around the world in the facebook users...
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...Ch5. Motivations and Emotion: Driving Consumer Behavior – Graded Quiz 1. Alexa gets lemonade for herself after a long walk on the beach, on a sunny day. This is an example of _____. a. regulation b. homeostasis c. self-actualization d. self-improvement B is Correct. This is an example of homeostasis. Homeostasis refers to the fact that the body naturally reacts in a way to maintain a constant, normal bloodstream. It is the state of equilibrium wherein the body naturally reacts in a way to achieve this. See 5-1: What Drives Human Behavior? 2. ADC Inc. claims that the anti-virus software produced by it helps block all forms of software viruses that are harmful to computers. This implies that ADC Inc. appeals more to those with a(n) _____ focus. a. self-actualization b. self-improvement c. prevention d. promotion C is Correct. ADC's claim suggests that it appeals more to those with a prevention focus. A prevention focus orients consumers toward avoiding negative consequences, while a promotion focus orients consumers toward the opportunistic pursuit of aspirations or ideals. See 5-1: What Drives Human Behavior?. 3. According to Maslow's hierarchy of needs theory, the physiological needs refer to the: a. need to be recognized as a person of worth. b. need to feel like a member of a family or community. c. needs for basic survival. d. needs of security and protection. C is Correct. Maslow's hierarchy of needs theory...
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...For this discussion post I will be using the movie Contagion. Contagion is about what happens before, during, and the aftermath associated with a deadly virus called MEV-1. Contagion has various big name actors starring it, Matt Damon, Gwyneth Paltrow, Kate Winslet, Jude Law and Bryan Cranston, to name a few. The film documents the spread of a virus through fomites. The proper definition of fomites is “any object capable of carrying infectious organisms, such as germs, bacteria and/or parasites to an individual”. The film also focuses on the attempts of medical researchers and health investigators challenge to locate and identify the virus, stop the spread of the virus and finally a vaccination for the disease, and the loss of social order during the pandemic. The start of the movie we are introduced to Beth Emhoff (Gwyneth Paltrow) who has a layover in Chicago, Illinois after returning from a business trip in Hong Kong. Beth is seen having an affair in Chicago with an ex-boyfriend. When she returns home to her husband and children she starts to exhibit symptoms of the common cold. As her symptoms progress she is sent to the hospital where she starts to have grand-mal seizures, her son too has symptoms which required him to be sent home from school. Her husband Mitch, played by Matt Damon looks on helplessly while Beth succumbs to the mysterious virus. Since the doctors are unaware of the newly acquired mystery virus, they blame Beth’s illness on meningoencephalitis...
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...connection allows us to affect everyone we interact with both physically and mentally. The new science of social intelligence should be thought of in terms of being intelligent not just about our personal and professional relationships, but also in them. Goleman explains that this involves expanding our focus in a way that looks beyond the individual to understand what really occurs when people interact, and to look beyond narrow self-interest to the best interests of others as well. Emotional Economy The realization that one person can trigger an emotion in another person or vice versa represents the powerful mechanism by which feelings are disseminated to others. Goleman classifies this as emotional contagion which is the emphasis of emotional economy. Emotional contagion comes in two forms; low road and high road. The low road is mental circuitry that operates in our subconscious at a very fast rate and tends to involve impulsive decision-making. The high road consists of mental circuitry that operates at the conscious level and is more structured, requires deliberate effort and tends to involve rational decision-making. Rapport Goleman conveys that one of the most basic, but important aspects of relationships involves rapport. He explains that rapport only exists between people and we see it when an interaction with another feels pleasant, engaged, and smooth. These initial feelings pass quickly, but...
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