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    Prospect theory is a descriptive model concerning the issue of decision making under risk. The theory stated that people tend to made decision by examining the potential gain and loss comparing to reference point and exhibit certain kinds of heuristics and biases in this process such as certainty effect, reflection effect, probabilistic insurance and isolation effect. It also divided choice process into editing phases and the subsequent phase of evaluation, which were modified to framing and valuation

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    Prospect of Democracy in Burma

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    The Prospect of Democracy in Burma The prospect for the development of a democratic state in Burma has recently become a remote possibility. Burma’s military leaders have been holding talks with the opposition leader Aung San Suu Kyi and her party, the National League for Democracy (NLD). The dialogue started while Aung San Suu Kyi was still under house arrest. When she was released in 2002, the international community and the people of Burma expected the process to evolve to the next stage – substantive

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    The Prospects for a National Missile Defense

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    The Prospects for a National Missile Defense Imagine this scenario: approximately fifteen intercontinental ballistic missiles are unintentionally launched from Russia. The missiles are equipped with several nuclear warheads, and their final target is the United States. The United States already possesses an early-warning system and thus detects the missiles more than twenty minutes before they land. However, even though they can detect the missiles, the United States has no means of defending

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    Zapatista Prospects in a Changed Environment

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    Zapatista Prospects in a Changed Environment 1994, from the depths of the jungle an ill-equipped army of indigenous farmers storms the state capital of Chiapas, Mexico demanding reform and a shift from neo-liberalist policy. 2002, fast-forward nearly nine years to present and the struggle of this rag-tag guerilla army continues, only the global and national environment has changed. With dramatic internal and external shifts, the hope of a resolution favoring these rebels representing the impoverished

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    Homeschooling: Academics, Socialization and College Admissions Prospects Homeschooling is probably one of the least known and least understood issues in education. Many people tend to think that most homeschoolers are religious conservatives or extremists. However, the truth is that people from all walks of life are joining the homeschooling bandwagon (Ray, 2004). The main misconception is that homeschooled children don’t get the same academic and social education as traditionally schooled children

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    History of Cloning and the Future Prospect of Cloning Humans In the first article, the author describes cloning as the process of creating a cell, tissue line or even a complete organism from a single cell. He says that the concept of cloning was introduced in 1903 and plants were the first living organisms to be cloned. He gives examples such as trees sending up runners, worms dividing into smaller worms and says that all these are clones. He then explains the various threads and experiments

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    The Evolving Provincial-Local Financial Relationship in Canada, and the Prospects for Municipal Fiscal Autonomy After tracing the evolution of the provincial-local financial relationship in Canada it has become apparent that the trend, throughout history, has been towards greater Provincial control and in turn less fiscal autonomy for the municipality. There has been an increase (due to demand as well as downloading from the provinces) in the functions and responsibilities of the municipality

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    Advertise! Whether you buy classified ads in e-zines, (magazines on the net,) have kids distribute fliers around your neighborhood, or call 10 people each day, your business won't go without a little publicity. Make sure your ads talk directly to your prospects' most pressing problems. That's a surefire way to get their attention and interest. You have to have pictures and you truly have to tell the customer about the product. First off, you have to ask the prospected customer what he or she is looking

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    Cynthia Theriault

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    innovative, but unproven, market selection process presented by Geoffrey Moore, a well-known Silicon Valley marketing pundit. Boeing (aerospace market) and Syntex (pharmaceutical market) were the first two customers of Documentum. During a prospect meeting with Boeing, Documentum realized that their new product did not have reference material for the customer. Additionally, during the meeting, presenters spoke of the product’s technical architecture instead of telling Boeing what the product

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    and once again was left alone with it. Face to face with It, unable to do anything with It. Simply look at It and grow numb with horror" (Tolstoy, 97). Death takes on an insidious persona as it eats away at Ivan Ilyich, a man horrified at the prospect of losing his life. Even more horrifying is the realization that despite his prominence and prosperity as a Russian high court judge, Ilyich has done nothing to make his life worth saving. The Death of Ivan Ilyich begins at the end, with his associates

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    Philosophical Association has been exposed in a serious way to the issue of pluralism in philosophy curriculums in the departments of philosophy of American universities and colleges. This conversation brings to the fore the fact that what is at issue in the prospect of pluralizing American philosophy departments is not merely the matter of deciding the discipline's boundaries of intellectual formation relative to the current generation of students, but the unforeseeen consequences of pluralism which challenge

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    Macbeth

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    inevitable destiny. When Macbeth has become King and felt power, he doesn't want to give it up. At first he wasn't at peace because he wanted the throne, but hesitated to carry out the murder. Now that he has the throne, he loses his peace with the prospect of losing the crown. His only choice now is to kill Banquo and Fleance. He is trying to work against prophecy – the third apparition – something he never learns not to do. While Macbeth carries out his dark deeds, he becomes a somewhat different

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    Bowing to Seniority

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    18th pick of the 2003 NBA Draft, he had a successful senior season at Xavier, where he was an All-American and the Associated Press Collegiate Player of the Year. As little as eight years ago, West probably would have been a top five pick; as prospects were still valued more for their ability to contribute right away rather than their “potential.” But because of what Mississippi State University Coach Rick Stansbury calls a “disturbing trend,” that of underclassmen entering the draft with greater

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    To meet the needs of others, characters are often faced with making important decisions. In A Doll’s House, Nora, Mrs. Linden, and the nurse must all make decisions crucial to the importance of their lives. It is very evident throughout the story that these women must give up important aspects of their lives not only for themselves, but also for others. The nurse is a key importance in Nora’s life. She has been the only mother Nora has known. In order to be Nora’s mother, however, the nurse

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    security

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    The use of computers within the business and government sector has said to have ‘rapidly increased over the last fifteen years’; this therefore provides a whole new prospect for a distinctive criminal to prosper, and in most cases, to go utterly undiscovered. It has been anticipated that, unless this particular problem is tackled head on, losses from the computer crime may eventually reach $50 billion per year. One expert in the field has estimated that, under present law the chances of a computer

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    Fate In Macbeth

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    Cawdor. Lastly they call him King hereafter, which he realizes is his fate. Macbeth sees this fate in his eyes to be very unlikely and almost impossible because of the current circumstances. His reaction to the witches is “stands not within the prospect of belief';( Act 1 scene 3, line 74), which tells the reader that the witches’ prophecies are a far reach from reality. Macbeth begins to think if he ever had the chance to become king that it would be a great honor that he would accept, “If

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    harassed and raped, yet the only thing that is being done, is that fact that the men are the one’s that are being told, “Don’t Do It Again!” This is all that they do. Only a simple warning, no punishment. Rodolfo Castillo Jr., who is a local military prospect, wanted to join the military because he thinks that if the government was to make harsher punishments for the men, things would be very different in the armed forces. “The government should make laws that allow them to punish soldiers the same way

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    consequences of defying Creon's ruling do not restrain the intensity of Antigone's self will, yet it feeds her hunger to achieve her principles. Losing sight of her future, Antigone allows her stubbornness to consume her life, taking with it, the prospect of marriage, motherhood and friendship. As the story continues, we find that Antigone focuses more on the need to establish her human ethics in spite of Creon, rather than proving the incorrectness of man defying god's laws. Following the unlawful

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    A Good Business

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    names of the companies having these certain characteristics. Most of good businesses have characteristics such as promising prospect, high rates of return on equity, steady growth of sales, and also strong brands equity. When we talk about a good business, we are not only talking about past and present condition of a firm, but a good business should also have a good prospect. It is true that past successes do not ensure future successes; however the most common way to predict the future is based on

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    DNA testing

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    criminal cases, especially rape and murder and consequently had a large impact on many past cases. However there are many disadvantages to DNA testing, such as a challenge of accuracy, the costs of DNA testing and the possible misuse of DNA. The prospect of a national DNA database in Australia has been heavily criticised with complaints of invasion of privacy and stigma against those with terminal diseases. Deoxyribonucleic acid, or DNA as it is most commonly known, is a strand of molecules found

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