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Pathetic Dot Theory
The pathetic dot theory or the New Chicago School theory was introduced by Lawrence Lessig in a 1998 article and popularized in his 1999 book, ''Code and Other Laws of Cyberspace''. It is a socioeconomic theory of regulation. It discusses how lives of individuals (the pathetic dots in question) are regulated by four forces: the law, social norms, the market, and architecture (technical infrastructure). Theory Lessig identifies four forces that constrain our actions: the law, social norms, the market, and architecture. The law threatens sanction if it is not obeyed. Social norms are enforced by the community. Markets through supply and demand set a price on various items or behaviors. The final force is the (social) architecture, by which Lessig means "features of the world, whether made, or found"; he notes that biology, geography, technology and other facts about the world constrain our actions. Lessig says that those four forces together are the totality of what constrains our ac ...
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Smoking
Smoking is a practice in which a substance is combusted, and the resulting smoke is typically inhaled to be tasted and absorbed into the bloodstream of a person. Most commonly, the substance used is the dried leaves of the tobacco plant, which have been rolled with a small rectangle of paper into an elongated cylinder called a cigarette. Other forms of smoking include the use of a smoking pipe or a bong. Smoking is primarily practised as a route of administration for psychoactive chemicals because the active substances within the burnt dried plant leaves vaporize and can be airborne-delivered into the respiratory tract, where they are rapidly absorbed into the bloodstream of the lungs and then reach the central nervous system. In the case of tobacco smoking, these active substances are a mixture of aerosol particles that includes the pharmacologically active alkaloid nicotine, which stimulates the nicotinic acetylcholine receptors in the brain. Other notable active ...
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Social Theories
Social theories are analytical frameworks, or paradigms, that are used to study and interpret social phenomenon, social phenomena.Seidman, S., 2016. Contested knowledge: Social theory today. John Wiley & Sons. A tool used by social scientists, social theories relate to historical debates over the validity and reliability of different methodology, methodologies (e.g. positivism and antipositivism), the primacy of either structure or agency, as well as the relationship between contingency (philosophy), contingency and necessity. Social theory in an informal nature, or authorship based outside of academic social and political science, may be referred to as "social criticism" or "social commentary", or "cultural criticism" and may be associated both with formal cultural studies, cultural and literary criticism, literary scholarship, as well as other non-academic or journalistic forms of writing. Definitions Social theory by definition is used to make distinctions and generalizati ...
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Chicago School Of Economics
The Chicago school of economics is a Neoclassical economics, neoclassical Schools of economic thought, school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school. Chicago macroeconomic theory rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. The Saltwater and freshwater economics, freshwater–saltwater distinction is largely antiquated today, as the two traditions have heavily incorporated ideas from each other. Specifically, new Keynesian economics was developed as a response to new classical economics, electing to incorporate the insight of rational expectations without giving up the traditional Keynesian focus on imperfect competition and sticky wages. Chicago econom ...
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Software
Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital computers in the mid-20th century. Early programs were written in the machine language specific to the hardware. The introduction of high-level programming languages in 1958 allowed for more human-readable instructions, making software development easier and more portable across different computer architectures. Software in a programming language is run through a compiler or Interpreter (computing), interpreter to execution (computing), execute on the architecture's hardware. Over time, software has become complex, owing to developments in Computer network, networking, operating systems, and databases. Software can generally be categorized into two main types: # operating systems, which manage hardware resources and provide services for applicat ...
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Source Code
In computing, source code, or simply code or source, is a plain text computer program written in a programming language. A programmer writes the human readable source code to control the behavior of a computer. Since a computer, at base, only understands machine code, source code must be Translator (computing), translated before a computer can Execution (computing), execute it. The translation process can be implemented three ways. Source code can be converted into machine code by a compiler or an assembler (computing), assembler. The resulting executable is machine code ready for the computer. Alternatively, source code can be executed without conversion via an interpreter (computing), interpreter. An interpreter loads the source code into memory. It simultaneously translates and executes each statement (computer science), statement. A method that combines compilation and interpretation is to first produce bytecode. Bytecode is an intermediate representation of source code tha ...
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Cyberspace
Cyberspace is an interconnected digital environment. It is a type of virtual world popularized with the rise of the Internet. The term entered popular culture from science fiction and the arts but is now used by technology strategists, security professionals, governments, military and industry leaders and entrepreneurs to describe the domain of the global technology environment, commonly defined as standing for the global network of interdependent information technology infrastructures, telecommunications networks and computer processing systems. Others consider cyberspace to be just a notional environment in which communication over computer networks occurs. The word became popular in the 1990s when the use of the Internet, networking, and digital communication were all growing dramatically; the term ''cyberspace'' was able to represent the many new ideas and phenomena that were emerging. As a social experience, individuals can interact, exchange ideas, share information, provi ...
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Internet Regulation
Mass media regulations or simply media regulations are a form of media policy with rules enforced by the jurisdiction of law. Guidelines for mass media use differ across the world. This regulation, via law, rules or procedures, can have various goals, for example intervention to protect a stated "public interest", or encouraging competition and an effective media market, or establishing common technical standards. The principal targets of mass media regulation are the press, radio and television, but may also include film, recorded music, cable, satellite, storage and distribution technology (discs, tapes etc.), the internet, mobile phones etc. It includes the regulation of independent media. Content regulation The transmission of content and intellectual property have attracted attention and regulation from authorities worldwide, due to the memetic nature and possible social impact of content sharing. The regulation of content may take the form of selective censorship of work ...
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Ex Ante
The term (sometimes written or ) is a New Latin phrase meaning "before the event". In economics, ''ex-ante'' or notional demand refers to the desire for goods and services that is not backed by the ability to pay for those goods and services. This is also termed as 'wants of people'. ''Ex-ante'' is used most commonly in the commercial world, where results of a particular action, or series of actions, are forecast (or intended). The opposite of ''ex-ante'' is '' ex-post'' (actual) (or ''ex post''). Buying a lottery ticket loses you money ''ex ante'' (in expectation), but if you win, it was the right decision ''ex post''. Examples Finance * In the financial world, the ''ex-ante return'' is the expected return of an investment portfolio. * In the recruitment industry, ''ex-ante'' is often used when forecasting resource requirements on large future projects. The ''ex-ante'' (and ''ex-post'') reasoning in economic topics was introduced mainly by Swedish economist Gun ...
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Lawrence Lessig
Lester Lawrence "Larry" Lessig III (born June 3, 1961) is an American legal scholar and political activist. He is the Roy L. Furman Professor of Law at Harvard Law School and the former director of the Edmond J. Safra Center for Ethics at Harvard University. He is the founder of Creative Commons and of Equal Citizens. Lessig was a Lawrence Lessig presidential campaign, 2016, candidate for the Democratic Party (United States), Democratic Party's nomination for president of the United States in the 2016 United States presidential election, 2016 U.S. presidential election but withdrew before the primaries. Life and career Lessig was born on June 3, 1961, in Rapid City, South Dakota to Lester Lawrence "Jack" Lessig II (1929–2020) who was an engineer and Patricia "Pat" West Lessig (1930–2019), a real estate agent. He has two older step-siblings, Robert (died 2019) and Kitty, and a younger biological sister, Leslie. He grew up in Williamsport, Pennsylvania. He graduated from the ...
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Supply And Demand
In microeconomics, supply and demand is an economic model of price determination in a Market (economics), market. It postulates that, Ceteris_paribus#Applications, holding all else equal, the unit price for a particular Good (economics), good or other traded item in a perfect competition, perfectly competitive market, will vary until it settles at the market clearing, market-clearing price, where the quantity demanded equals the quantity supplied such that an economic equilibrium is achieved for price and quantity transacted. The concept of supply and demand forms the theoretical basis of modern economics. In situations where a firm has market power, its decision on how much output to bring to market influences the market price, in violation of perfect competition. There, a more complicated model should be used; for example, an oligopoly or product differentiation, differentiated-product model. Likewise, where a buyer has market power, models such as monopsony will be more a ...
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