Relection Paper Essay Example | Topics and Well Written Essays - 1000 words

Relection Paper - Essay Example In a very interesting study, Hannaford cites examples of the effects of exercise of body on stimulation of mind. The author maintains that exercising the body can enhance learning experience. I loved the book because it was very refreshing and had some original food for thought. Though I was aware of the benefits of exercising the body, I needed to know how it could stimulate learning and brain activity. Now I realize why it is extremely important for children in school setting to be exposed to physical exercise and sports. Because it is healthy thing to do and it also makes exercise a learning experience. The children must be involved in exercise and its benefits so they can discover them for themselves. It has been noted that children and teachers are both delighted by the manner in which exercise stimulates mind. I feel that in our schools we should make exercise mandatory for all students with the objective of making learning a better and more effective experience for them and for the teachers as well. Hannaford makes it clear that senses and emotions play a key role in enhancing the learning process and thus recommends exercise both before and after learning. She starts from a very young age which helped me in understanding how exercise could affect learning. She says that basic early exercise like crawling have a great impact on a child's learning abilities. Crawling "activate[s] both hemispheres in a balanced way" (Hannaford, 92).the author also insists that real learning process "starts with movement in response to a stimulus, then creates a context or experience to understand the sensory input" (99). What was really enlightening came in the form of findings on reading. I learned that children are not very receptive to silent reading till the age of seven. And thus this activity must be postponed till then. They should instead be taught in a way that would acknowledge their natural progression of skills and their bodies' natural development stage. I was happy to see that when applied in classroom, children actually responded very well to these new ways of learning. All the noise they create while laughing, sharing, building and moving around and learning was a healthy indication of their high involvement. Hannaford advocates the use of pictures and painting to enhance learning: "Most people need to discuss, write, or draw a picture of new ideas in order anchor them in the body with movement for memory and clarity of thought" (101). Hannaford also presents her findings on inhibitors that can affect learning. She identifies such factors as television, computers and video games as few inhibitors that may slow down the learning process. Children fully engrossed in sports are less likely to watch television or spend time on video consol. This is beneficial in terms of their health and also facilitates learning. Stress is shown as another major inhibition factor. In short, the book focuses on the finding that: "It is the full activation and balance of all parts of our body/mind system that allow us to become effective, productive thinkers" (106). And this I have found to be a finding worthy of affirming over and over again.

Experimental economics, history of trust game Essay

Experimental economics, history of trust game - Essay Example This is why there is sometimes a collusive tendency in an oligopoly. There are four distinct models of it, namely, the kinked demand curve, cost-plus pricing, the price leadership and collusive pricing (McConnell and Stanley, p.224). The first experiment conducted relative to the Ultimatum Game was by German economists Guth, Schmittberger and Schwarze or collectively known as GSS in 1982. What they dis was to divide 42 students where one is Player 1 or the allocator and the other is Player 2 or the recipient. Each Player 1 is asked to allocate however much of the German marks to Player 2. The core of the experiment is simple, if the allocator does not give the recipient anything then they both receive nothing, after a week they were asked to return. This is the basic principle of a simple Ultimatum Game. They found that it is much easier to interpret the bahavior of the recipients. A low offer is viewed as an offshoot of a sacrifice rather than accepting the low amount. The following week, the offer of the allocators became much less while there are two motives in the offer of allocators. The first motive is simple fairness and the other is anxiety over rejection because they may see that an unfair amount may be rejected. It may be either of these reasons or both that ise moving factor for their offer (Thaler, p.196-197). Berg, Dickhaut and McCabe performed an experiment to determine trust behavior among comsumers in a controlled environment. The basis of their study is anonymity. In the presence of which, consumer behavior is reverted to nonexistent as there is no knowledge or relation between buyer and seller at first meeting. This is presupposed by Arrow’s suggestion that â€Å"transaction costs trust is ubiquitous to almost every economic transaction† (p.123). Moved by questions of factors affecting trust in economic behavior, the experiment sets out to eliminate preconceived notions and subject the participants into a trust game. The experime nt guaranteed complete anonymity and the participants only get to invest once, thereby, they controlled the setting and â€Å"eliminate(d) mechanisms which could sustain investment without trust; these mechanisms include reputations from repeat interactions, contractual precommitments, and potential punishment threats† (idem). The experiment found that there exists reciprocity and that decisions of the subjects depend upon their interpretation of each room’s behavior. If it depends upon mutual benefit, then the there is a higher likelihood to reciprocate in that scenario and it is conjunctured with trust. Social history was found to be a determining factor in this analysis. This factor inclines the person toward trusting the other. To further eliminate this fator, those who are recruited were not a part of any previous sessions and they were provided a summary a no history background affects the results (p. 124). The participants were given $10 to invest at various sta ges throughout the experiment. The experimenters expected that they will realize sending money in the first stage is risky as there is no concrete evidence of reciprocity. In stage two, it was predicted that they will release money and third where money triples, it is the ideal stage that they will send their money. As a result, they concluded that primitives trust and reciprocity are the moving facors in decision-making among the investors. â€Å"By inventing property rights and allowing social history, society stimulates norms of