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Fallacy Of Composition
The fallacy of composition is an informal fallacy that arises when one infers that something is true of the whole from the fact that it is true of some part of the whole. A trivial example might be: "This tire is made of rubber, therefore the vehicle of which it is a part is also made of rubber." This is fallacious, because vehicles are made with a variety of parts, most of which are not made of rubber. The fallacy of composition can apply even when a fact is true of every proper part of a greater entity, though. A more complicated example might be: "No atoms are alive. Therefore, nothing made of atoms is alive." This is a statement most people would consider incorrect, due to emergence, where the whole possesses properties not present in any of the parts. This fallacy is related to the fallacy of hasty generalization, in which an unwarranted inference is made from a statement about a sample to a statement about the population from which it is drawn. The fallacy of compos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Informal Fallacy
Informal fallacies are a type of incorrect argument in natural language. The source of the error is not just due to the ''form'' of the argument, as is the case for formal fallacies, but can also be due to their ''content'' and ''context''. Fallacies, despite being incorrect, usually ''appear'' to be correct and thereby can seduce people into accepting and using them. These misleading appearances are often connected to various aspects of natural language, such as ambiguous or vague expressions, or the assumption of implicit premises instead of making them explicit. Traditionally, a great number of informal fallacies have been identified, including the fallacy of equivocation, the fallacy of amphiboly, the fallacies of composition and division, the false dilemma, the fallacy of begging the question, the ad hominem fallacy and the appeal to ignorance. There is no general agreement as to how the various fallacies are to be grouped into categories. One approach sometimes found in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Choice Theory
Social choice theory or social choice is a theoretical framework for analysis of combining individual opinions, preferences, interests, or welfares to reach a ''collective decision'' or ''social welfare'' in some sense.Amartya Sen (2008). "Social Choice,". ''The New Palgrave Dictionary of Economics'', 2nd EditionAbstract & TOC./ref> Whereas choice theory is concerned with individuals making choices based on their preferences, social choice theory is concerned with how to translate the preferences of individuals into the preferences of a group. A non-theoretical example of a collective decision is enacting a law or set of laws under a constitution. Another example is voting, where individual preferences over candidates are collected to elect a person that best represents the group's preferences. Social choice blends elements of welfare economics and public choice theory. It is methodologically individualistic, in that it aggregates preferences and behaviors of individual member ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division Of Labour
The division of labour is the separation of the tasks in any economic system or organisation so that participants may specialise (specialisation). Individuals, organizations, and nations are endowed with, or acquire specialised capabilities, and either form combinations or trade to take advantage of the capabilities of others in addition to their own. Specialised capabilities may include equipment or natural resources as well as skills, and training and combinations of such assets acting together are often important. For example, an individual may specialise by acquiring tools and the skills to use them effectively just as an organization may specialise by acquiring specialised equipment and hiring or training skilled operators. The division of labour is the motive for trade and the source of economic interdependence. Historically, an increasing division of labour is associated with the growth of total output and trade, the rise of capitalism, and the increasing complexity of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keynesian Economics
Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output and inflation. In the Keynesian view, aggregate demand does not necessarily equal the productive capacity of the economy. Instead, it is influenced by a host of factors – sometimes behaving erratically – affecting production, employment, and inflation. Keynesian economists generally argue that aggregate demand is volatile and unstable and that, consequently, a market economy often experiences inefficient macroeconomic outcomes – a recession, when demand is low, or inflation, when demand is high. Further, they argue that these economic fluctuations can be mitigated by economic policy responses coordinated between government and central bank. In particular, fiscal policy actions (taken by the government) and monetary policy actions (t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paradox Of Thrift
The paradox of thrift (or paradox of saving) is a paradox of economics. The paradox states that an increase in autonomous saving leads to a decrease in aggregate demand and thus a decrease in gross output which will in turn lower ''total'' saving. The paradox is, narrowly speaking, that total saving may fall because of individuals' attempts to increase their saving, and, broadly speaking, that increase in saving may be harmful to an economy. The paradox of thrift is an example of the fallacy of composition, the idea that what is true of the parts must always be true of the whole. The narrow claim transparently contradicts the fallacy, and the broad one does so by implication, because while individual thrift is generally averred to be good for the individual, the paradox of thrift holds that collective thrift may be bad for the economy. It had been stated as early as 1714 in ''The Fable of the Bees'',Keynes, ''The General Theory of Employment, Interest and Money''"Chapter 23. Notes o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bucket Brigade
A bucket brigade or human chain is a method for transporting items where items are passed from one (relatively stationary) person to the next. The method was important in firefighting before the advent of hand-pumped fire engines, whereby firefighters would pass buckets to each other to extinguish a blaze. A famous example of this is the Union Fire Company. This technique is still common where using machines to move water, supplies, or other items would be impractical. This method needs a number of participants sufficient for covering the distance. As a metaphor This principle inspired various technical items, e.g. the bucket-brigade device A bucket brigade or bucket-brigade device (BBD) is a discrete-time analogue delay line, developed in 1969 by F. Sangster and K. Teer of the Philips Research Labs in the Netherlands. It consists of a series of capacitance sections C0 to Cn. The stor .... The term "bucket brigade" is also used for a certain method of organizing manual o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Network
A social network is a social structure made up of a set of social actors (such as individuals or organizations), sets of dyadic ties, and other social interactions between actors. The social network perspective provides a set of methods for analyzing the structure of whole social entities as well as a variety of theories explaining the patterns observed in these structures. The study of these structures uses social network analysis to identify local and global patterns, locate influential entities, and examine network dynamics. Social networks and the analysis of them is an inherently interdisciplinary academic field which emerged from social psychology, sociology, statistics, and graph theory. Georg Simmel authored early structural theories in sociology emphasizing the dynamics of triads and "web of group affiliations". Jacob Moreno is credited with developing the first sociograms in the 1930s to study interpersonal relationships. These approaches were mathematically formalize ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subatomic Particle
In physical sciences, a subatomic particle is a particle that composes an atom. According to the Standard Model of particle physics, a subatomic particle can be either a composite particle, which is composed of other particles (for example, a proton, neutron, or meson), or an elementary particle, which is not composed of other particles (for example, an electron, photon, or muon). Particle physics and nuclear physics study these particles and how they interact. Experiments show that light could behave like a stream of particles (called photons) as well as exhibiting wave-like properties. This led to the concept of wave–particle duality to reflect that quantum-scale behave like both particles and waves; they are sometimes called wavicles to reflect this. Another concept, the uncertainty principle, states that some of their properties taken together, such as their simultaneous position and momentum, cannot be measured exactly. The wave–particle duality has been shown to app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon
Carbon () is a chemical element with the symbol C and atomic number 6. It is nonmetallic and tetravalent In chemistry, the valence (US spelling) or valency (British spelling) of an element is the measure of its combining capacity with other atoms when it forms chemical compounds or molecules. Description The combining capacity, or affinity of an ...—its atom making four electrons available to form covalent bond, covalent chemical bonds. It belongs to group 14 of the periodic table. Carbon makes up only about 0.025 percent of Earth's crust. Three Isotopes of carbon, isotopes occur naturally, Carbon-12, C and Carbon-13, C being stable, while Carbon-14, C is a radionuclide, decaying with a half-life of about 5,730 years. Carbon is one of the Timeline of chemical element discoveries#Ancient discoveries, few elements known since antiquity. Carbon is the 15th Abundance of elements in Earth's crust, most abundant element in the Earth's crust, and the Abundance of the c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Graphite
Graphite () is a crystalline form of the element carbon. It consists of stacked layers of graphene. Graphite occurs naturally and is the most stable form of carbon under standard conditions. Synthetic and natural graphite are consumed on large scale (300 kton/year, in 1989) for uses in pencils, lubricants, and electrodes. Under high pressures and temperatures it converts to diamond. It is a weak conductor of heat and electricity. Types and varieties Natural graphite The principal types of natural graphite, each occurring in different types of ore deposits, are * Crystalline small flakes of graphite (or flake graphite) occurs as isolated, flat, plate-like particles with hexagonal edges if unbroken. When broken the edges can be irregular or angular; * Amorphous graphite: very fine flake graphite is sometimes called amorphous; * Lump graphite (or vein graphite) occurs in fissure veins or fractures and appears as massive platy intergrowths of fibrous or acicular crystalline ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diamond
Diamond is a Allotropes of carbon, solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Another solid form of carbon known as graphite is the Chemical stability, chemically stable form of carbon at Standard conditions for temperature and pressure, room temperature and pressure, but diamond is metastable and converts to it at a negligible rate under those conditions. Diamond has the highest Scratch hardness, hardness and thermal conductivity of any natural material, properties that are used in major industrial applications such as cutting and polishing tools. They are also the reason that diamond anvil cells can subject materials to pressures found deep in the Earth. Because the arrangement of atoms in diamond is extremely rigid, few types of impurity can contaminate it (two exceptions are boron and nitrogen). Small numbers of lattice defect, defects or impurities (about one per million of lattice atoms) color diamond blue (bor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allotropy
Allotropy or allotropism () is the property of some chemical elements to exist in two or more different forms, in the same physical state, known as allotropes of the elements. Allotropes are different structural modifications of an element: the atoms of the element are bonded together in a different manner. For example, the allotropes of carbon include diamond (the carbon atoms are bonded together to form a cubic lattice of tetrahedra), graphite (the carbon atoms are bonded together in sheets of a hexagonal lattice), graphene (single sheets of graphite), and fullerenes (the carbon atoms are bonded together in spherical, tubular, or ellipsoidal formations). The term ''allotropy'' is used for elements only, not for compounds. The more general term, used for any compound, is polymorphism, although its use is usually restricted to solid materials such as crystals. Allotropy refers only to different forms of an element within the same physical phase (the state of matter, such as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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