Essays on indifference

In the paper 'Love, Indifference and Alienation' the author discusses the lack of interest in or concern about something. This feeling could arise and vary from one person to another based on the person's experiences. People who undergo too much pain are more likely to feel indifferent.... The author states that love is intrinsic. Every human being is capable of loving. People of all ages can feel love or affection for others. Even animals are capable of demonstrating love. Infants cling to their...

In the paper 'Why Indifference Curves Cannot Cross' the author demonstrates the reason why Indifference curves cannot cross. If we assume that the Indifference curve can cross, from the figure results that C is preferred to A, and B is indifferent to both A and C.... The author states that the marginal rate of substitution is the slope of the Indifference curves and is negative and constant when considering perfect substitutes. As mentioned above, the marginal rate of substitution for perfect substitutes...

This essay "Industrialization and Indifference" focuses on Marx, a German revolutionary economist who is known to be the founder of the Communist movement. He noted the wide industrial change in Britain and decided to write about it. Besides being an economist, Marx was also a philosopher. ... The indifferences that are experienced in society are mainly based on the social classes that develop with time. The major cause of antagonism has been on the ownership of wealth and the domination of power....

The paper "Indifference Curve – Application to the Health Care Industry" emphasizes health care costs can be controlled if the government takes the initiative to study the supply and demand relationships in this sector. With the control of price increases, consumers' welfare would be safeguarded. ... The US is experiencing a rapidly increasing cost of health care that is without parallel elsewhere in the world. Both the costs of medical care and health insurance have drastically gone up,...

An essay "Fear and Indifference Reinforce Oppression and Individual Courage" reports that oppression affects certain groups because of human discrimination against whomever they consider as 'the Other,' gay people, racial groups considered as inferior, and even against the rich.... Different groups experience oppression because of racial, gender, and class differences. Oppression refers to long-standing unjust treatment and control. Not everyone is aware of oppression that continues in modern times,...

The author explains what the cross elasticity of demand measures and what the application and how it is calculated. The author also comments on the following statement: 'The more inelastic the demand, the greater is the deadweight loss caused by any given tax rate". ... The key difference between short run and long average cost curve is that in a short run a firm can neither increase its size nor adjust its labor and capital according to fluctuating demand which remains more or less fixed whereas...

The paper "Huawei Ideos Mobile Phone's Analysis through Indifference Curve Theory" analyzes consumer behavior through the prism of the theory developed by Alfred Marshall, and it describes how consumers spend their income on individual products so as to achieve the greatest satisfaction level.... The marketer assists to satisfy these desires and wants through products and services offering. The marketer uses different marketing strategies in order to win the hearts of consumers For a company to sustain,...

This essay "'Kissing does not kill: greed and Indifference do' and 'the WTO is biocide'" is an Analysis of Works of Art. Art history forms the defined history of humankind from the traditional times to the modern trends of living. We can demonstrate Art through paintings and other forms of artistry.... The art history faces a lot of criticism due to is subjectivity that is never universal. This paper will address two pieces of art that serve their destined art purpose. They include “kissing does...

The paper "The Architecture of British India Reflected the Indifference, Insensitivity, and Power of the Colonizer" tells that the British colonizers could not deny the fact that India was a flourished supremacy. There were obvious reasons why Europeans were more interested in colonizing India.... The empires currently present in India portray a change that was implemented by the British colonizers in India that led to numerous changes that were aimed at bringing India to the same standards as those...

This paper ''Revealed Preference Theory'' tells us that Revealed Preference theory is different from that of Marshall's utility approach and Hickson Indifference curve approach.... In place of the concept of 'utility by Alfred Marshall, the Indifference curve technique has introduced the term 'preferences'.... And against the Marshallian 'proportionality rule' to describe the consumer's equilibrium, the Indifference curve technique has advanced the equality between the marginal rate of substitution and the price ratio....

i) Indifference curve ... The optimal consumption level of two goods is also discussed with reference to Indifference curve and the budget line and also the changes in the equilibrium level due to change in prices of goods and also change in income.... ndifference curves arte curves that shows the different combination of two goods that derive the same amount of utility, the Indifference curves are negatively sloped, the slope of the curve indicates the rate of substitution between the two goods, they run parallel to each other and never cross, they are convex to the origin and that the Indifference curves that are further the origin represents higher utility levels, the following diagram shows Indifference curve: ...

This essay discusses the quote by Ellie Wiesel states as follows: 'The opposite of love is not to hate, it is Indifference'.... Analysis of The Quote by Ellie WieselTo begin with, the quote by Ellie Wiesel states as follows: “The opposite of love is not hate, it is Indifference” (Wiesel 1).... Hence, Indifference gives birth to a host of negative feelings where hatred and cruelty are at the core.... In other words, seeing Indifference in one's actions and attitudes toward a person or the mankind, there is no way other than the redemption....

A graph that depicts the different bundles of goods available to the consumer and where the consumer is indifferent in choices is referred to as the Indifference curve.... Over the points on the Indifference curves, the consumer has no preference over the available goods.... Each point on the Indifference curve provides identical utility to the consumer while the utility is defined to be the satisfying power.... Indifference curves are used to represent the potential patterns in demand conditions for the bundles of goods of the individual consumers....

The paper will also comprehensively cover the 'deliberate Indifference standard.... On the other hand, in considering the method of punishment the courts use the proportionality rule (Prison Conditions and the Deliberate Indifference Standards the Eighth Amendment, 2011).... However, the courts subsequently offered a more lenient standard for the prisoners; this standard is familiar as the deliberate Indifference standard (Eighth Amendment and Deliberate Indifference Standard for Prisoners, 2013)....

The Indifference curves shall assume unique shapes if one of the two products that the consumer consumes generates disutility for him, i.... he can separate it out from the consumption of the good and choose to not consume it without any costs in terms of utility the Indifference curves for the good and the bad will be a straight line parallel to the axis measuring the consumption of the bad while the intercept on the good axis will represent the amount of the good consumed....

The consumer will maximize utility by consuming on the highest possible Indifference curve given a budget constraint.... The point of tangency of the highest possible Indifference curve to the budget line maximizes utility.... Figure 1 shows that the consumer could consume at G, but would maximize utility at H, which lies on a higher Indifference curve.... Indifference Curve Analysis ... In order to discuss all of these, topics like consumer choice, Indifference curves, and income and substitution effects will be introduced....

If P is the probability of the loss, then the consumers expected utility is: Thus, we can have the following Indifference curve: It is simple to show that this leads to negatively sloped convex Indifference curves.... The slope of the Indifference curves are: The high risk and low risk groups differ in their probabilities of incurring the loss.... Figure 1 below shows the Indifference curves for a particular utility level for representative agents from the two groups....

Moreover, it is assumed that consumers will usually maximize their consumption within the Indifference curves with the fact that their individual utilities will not be interdependent.... More over , it is assumed that consumers will usually maximize their consumption within the Indifference curves with the fact that their individual utilities will not be interdependent.... 126) The figure above indicates the consumption possibilities, the Indifference curves and the budget constraints for the two consumers; Aisha and Robin....

All the wars and tragedies that occurred in this century were a result of one thing, Indifference.... Indifference refers to a state where a person cannot distinguish between cruelty and companion, dusk and dawn, crime and punishment, good and evil, and light and darkness.... Indifference is an ethical act that is mostly practiced by people who want to live normally, have fine meals, and keep their sanity, while the world around them perishes in suffering....

After highlighting the negative events, the author criticizes the feeling of Indifference among the people.... The speech presented to the US president by Elie Wiesel on “The perils of Indifference” contains weighty rhetorical evidence concerning human behavior towards each other (1999).... He argues that dialectic is subversive, as it promotes Indifference, and has contributed towards cultural decline of the present society.... All these tragic events happened as a result of human Indifference ....

roperties of Indifference curves ... Indifference curves are negatively sloped: Indifference curves slopes down from left to right.... Indifference curves are convex to the origin: this is one of the vital properties of Indifference curves.... Indifference curves bows inward (convex to the origin).... That is, as a consumer substitutes product Y for product X, the marginal rate of substitution diminishes of good Y for good X along the same Indifference curve....

Following this line of research, my purpose in this paper is to show that defensive communication occurs in the form of control, dogmatism, Indifference, and superiority.... he strategy of defensive communication has various tactics and in the limited space afforded by this paper I will separately analyse in the following order only control messages, dogmatic messages, messages of Indifference, and messages of superiority....

The major economic principles that influence the choice of a society with the view point of a consumer are utility analysis, Indifference curve analysis, and demand theories.... The major economic principles that influence the choice of a society with the view point of a consumer are utility analysis, Indifference curve analysis, and demand theories.... Another economic principle that helps the consumers in making choice is the Indifference curve analysis, which is an ordinal concept....

This is achieved through Indifference curves.... An Indifference curve is a two-dimensional graphical representation of all those bundles of two goods which can be combined to give a consumer the same amount of utility which is also a maximum utility for combinations of given goods.... The Indifference curve is a particular selection of such combinations of goods, from out of the plot area, and all combinations on an Indifference curve represent the fact that the consumer derives the same amount of total utility from consumption....

If P is the probability of the loss, then the consumers expected utility is: Thus, we can have the following Indifference curve: It is simple to show that this leads to negatively sloped convex Indifference curves.... The slope of the Indifference curves are: The high risk and low risk groups differ in their probabilities of incurring the loss.... Figure 1 below shows the Indifference curves for a particular utility level for representative agents from the two groups....

he court had to determine if the prisoner was subjected to deliberate Indifference treatment by the prison officials.... The case was between an inmate by the name J.... .... Gamble and Estelle in line with other fellow prison warden and medical officers operating in the prison.... The case heard and determined in the Supreme Court of....

This essay "Microeconomic and Consumer Theories" focuses on consumer theory which is an economic theory explaining the relationship between consumers' purchasing choices and income and it involves preferences, Indifference curves, and budget constraints.... A deluge of statistical analysis and mathematical modeling in modern economics hides the real nature of its claims, particularly the concept of Indifference that most economists rely on yet do very little about....

The major objective of Indifference curves is to analyze how rational consumers choose between two goods.... This means that a consumer of two indifferent goods uses Indifference curves to analyses how change in.... An Indifference curve shows all the possible combinations of two products between which a person is indifferent.... These curves indicate the consumption of different combined goods or services that gives the same satisfaction or utility to a Hence, Indifference analysis takes into consideration the concept of Indifference curves and budget line constraints (Dwivedi, 2010)....

The Indifference curve is formed by the bundles forming the boundary of the selected set i.... The Indifference curve can be drawn through any consumption bundle.... One of the disadvantages in using Indifference curve analysis is that it shows only the consumption bundle perceived by the consumer being indifferent.... One of its characteristic is Indifference curve that represents distinct preferential levels cannot cross.... MRS is derived from the slope of the Indifference curve ...

The State Preference and the Machina Triangle diagrams can be compared and contrasted, as Indifference maps for risk averse expected utility maximisers.... by the “allocation c = (wN-a , wA + b ) where the highest Indifference curve U(c) is tangent to the fair insurance line F on the 45 certainty line” (Fonseca 2009).... “unfair” insurance is shown at Point c}, “ the tangency of the unfair insurance line G with the highest Indifference curve U (c} )” (Fonseca 2009)....

Some characteristics of utility include the psychological nature of utility, the Indifference towards morality, and the relativity of utility.... In the ordinal utility theory, the core idea that is addressed is the analysis of Indifference curves.... Indifference curves trace the area where consumers do not show any preference in a bundle of goods/services.... As earlier indicated, the analysis of Indifference curves is vital in understanding ordinal utility....

It is the point where the resources line meets the highest Indifference curve that demonstrates the best quantity.... e1 original Indifference curve ... e2 new Indifference curve ... rom the graph above, the original budget line was tangent to the original Indifference curve at point e1....

This case study "The Changes in the Behavior of the Consumers" discusses the concept of Indifference curves.... The concept of Indifference curves will pave the path for discussion.... The Indifference curve is formed by the bundles forming the boundary of the selected set i.... The Indifference curve can be drawn through any consumption bundle.... One of the disadvantages of using the Indifference curve analysis is that it perceives only that consumption bundle chosen by the consumer being indifferent....

22 The Indifference curve is a graph, which shows the different bundles of goods.... At each point on the Indifference curve the consumer has different preference choice, which varies according to the income of the consumer, the change in price of a product and the change in prices of products.... An Indifference curve shows the consumer's preference for the mixture combination of two goods.... With the budget line and the Indifference curve, the choice of the customer can be understood....

Nevertheless, she appears as quite another entity from that of Indifference, “who, for her apathy, would lose / The sacred power to weep” (63-64).... Sensibility teaches that any such love of objects must be shunned because they will lead one into the hard and cold realm of Indifference for whom she is often mistaken.... The nature thus described places Sensibility as the fulcrum between wanton passion and abject Indifference.... By recognizing the weaknesses in these people, he is acknowledging their tendency to lapse into the easier standards set by Indifference while he also acknowledges that perhaps life has proved too difficult to survive with the same ideals to which he holds himself by following the rules of Sensibility....

Compute an equation characterizing the agent's Indifference curve, and compute the slope of this curve.... OLUTIONNow that we have the marginal rate of substitution, we can find out what happens to the relative consumption of X and Y as we move along the consumer's Indifference curve.... To see what occurs as X increases, we take the partial derivative of MRS XY with respect to X:The consumer's marginal rate of substitution — the slope of the Indifference curve — remains the same as her consumption of X increases or decreases along the Indifference curve....

Properties of Indifference curves(a) NonintersectionIndifference curves cannot intersect each other because, at the point of tangency, the curve on the higher side will yield much more of the two commodities as compared to the lower curve hence they can never intersect.... (b) Convexity to the origin(c) The higher the Indifference curve, the higher the level of satisfaction.... The consumers will prefer to choose higher Indifference curves since they aim at maximizing their utility....

Indifference is also a defining term for a well-rounded person in the Courtier (Castiglione & Javitch, 2002).... The main terms in the survey were a speech of the person, charisma, mode of dressing, sound clarity in speech presentation, and Indifference in situation handling.... Over 33 years, the emphasis laid on Indifference and composure in handling situations.... Most young people and school going students prefer to using charisma and dressing code in defining an all-round person while the others in the study prefer Indifference and speech presentation mode; though we cannot dispute the fact that all the respondents recognize all the aspects of defining an all-round person that the Courtier forwards....

Instances of poor health, sicknesses, and other stress related situations may cause Indifference in learning since they take the thinking capacity hence hinder learning.... ultural backgrounds will make students form groups while learning and if the situation is not corrected, it cause Indifference in learning.... Social economic classes should be shunned away from classrooms since they make other students feel uncomfortable while learning and cause Indifference in learning (Biggs, 2008)....

tility, Indifference Curve and Budget Constraints ... This concept further leads us to the concept of Indifference curve which shows “all the combinations of goods or service that provide the same level of utility” (Nicholson).... An Indifference curve is one of the most important tool which basically depicts the different combinations of goods and services and corresponds to the assumption that more are preferred over less.... For example, if a person has to make a choice between pepsi and coke then Indifference curve will visually depict all the combinations which a person would be willing to take....

Below, we consider the consumption that will yield the consumer maximum utility within the constraints of his budget using the budget line and an Indifference curve.... Initially the consumer was at the Indifference L2, the point of utility maximization was K where the Indifference curve meets with the budget line.... The consumer shifted to a lower budget line and a lower Indifference curve L2.... 2010) The above shows the interaction of the Indifference curve and the budget line of a high-income person....

This behavior of consumer is shown by a curve known as Indifference curve and the theory explaining this behavior is known as “Consumer Choice theory”.... The Indifference curve IC1 shows different consumption options available to the consumer for consumption generate equal utility to the consumer.... The new Indifference curve obtained after rising the price of energy source is IC2 and the new equilibrium point which generates maximum satisfaction for the consumers is B....

Despite these differences, no one has a right to treat their colleagues unfairly due to their Indifference.... Despite these differences, no one has a right to treat their colleagues unfairly due to their Indifference.... Thus discrimination can be defined as the act of treating others prejudicially due to their Indifference with the majority of the community.... Human beings should all be treated fairly despite their Indifference, this is per human rights which help in eliminating discrimination....

This creates a situation that helps in the development of the plot of the story, as the Indifference of the main character is explored.... In “The Stranger”, Meurstault mother's funeral and Meursault's obvious Indifference to the funeral symbolize his detachment from the world, a place full of nothing but conflict and agony in his eyes, and his optimistic attitude regarding death.... Meursault's trial is not focused on his assassination of the Arab man, but on his “Indifference” and his “lack of emotion”, both which should be irrelevant....

onsumer Behaviour: Utility and Indifference Analysis ... There are two methods to explain the behaviour of a rational consumer: the utility theory and the Indifference curves. ... n Indifference curve show the combinations of at least two goods that a consumer buys in a way that she remains indifferent at all points on the curve.... Figure (1) shows a typical Indifference curve with three identifiable regions.... The consumer is indifferent among her choices at each point on the Indifference curve....

In some mathematical conditions, this differential equation can be integrated to solve it as 'Indifference' curve through x which is called integrability problem (Newman, 1995). ... ) Georgescu-Roegen proved that if we consider two goods where differential equation defining an 'indifferent element' is always integrable, it is essential to consider that Indifference is transitive relation that denotes that integral curves are indifferent curves.... Wold proved his point by using certain assumptions of perfect competition; however, it is impossible to do because Wold didn't define Indifference (Newman, 1995). ...

nother reason Germans did not revolt was Indifference.... f course, Indifference can be tempting -- more than that, seductive.... Indifference reduces the other to an abstraction.... Thus Indifference was easier for German citizens.... The Perils of Indifference....

Suppose Royal Berkshire University (a fictional university similar to Royal Holloway) charges students for parking permits to park their car on campus.... It decides to lower the price of a parking permit on campus from £100 per semester to £5 per semester. ... ... he increased number.... ... ... This is a factor that will result in the students spending more time looking for parking which will be highly competitive. ...

The third is escape and isolation, and the fourth is Indifference and alienation.... Indifference and Alienation The themes of idleness, negligence, and isolation sum up to the theme of Indifference.... The characters exhibit obvious Indifference towards their wives as they try to escape their responsibilities.... On one hand, the narrator of “Wakefield” does not elaborate the reason for the Indifference between Wakefield and his wife....

How are Indifference curves used to determine consumer purchases?... raphical Presentation of Indifference curves and the budget lines ... he consumer purchase decision may be undetermined by the Indifference curve in the sense that a consumer makes purchase decisions subject to his budget line represented by letters A, B and C above (Baumol and Blinder, 2012).... The higher the Indifference curves the higher the utility (Baumol and Blinder, 2012)....