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Proprietary trading. Proprietary trading (also known as prop trading) occurs when a trader trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments with the firm's own money (instead of using depositors' money) to make a profit for itself. [ 1] Proprietary trading can create potential conflicts of ...
Propaganda. A poster that was used to encourage Americans to car-share in order to conserve oil for the US during World War II. Propaganda is communication that is primarily used to influence or persuade an audience to further an agenda, which may not be objective and may be selectively presenting facts to encourage a particular synthesis or ...
Sociology. Symbolic interactionism is a sociological theory that develops from practical considerations and alludes to humans' particular use of shared language to create common symbols and meanings, for use in both intra- and interpersonal communication. [ 1] According to Macionis, symbolic interactionism is "a framework for building theory ...
Institutions are a principal object of study in social sciences such as political science, anthropology, economics, and sociology (the latter described by Émile Durkheim as the "science of institutions, their genesis and their functioning"). [9] Primary or meta-institutions are institutions such as the family or money that are broad enough to ...
Structural holes is a concept from social network research, originally developed by Ronald Stuart Burt. A structural hole is understood as a gap between two individuals who have complementary sources to information. The study of structural holes spans the fields of sociology, economics, and computer science. Burt introduced this concept in an ...
Dramaturgy is a sociological perspective that analyzes micro-sociological accounts of everyday social interactions through the analogy of performativity and theatrical dramaturgy, dividing such interactions between "actors", "audience" members, and various "front" and "back" stages. The term was first adapted into sociology from the theatre by ...
0-631-17451-6. The behavioral theory of the firm first appeared in the 1963 book A Behavioral Theory of the Firm by Richard M. Cyert and James G. March. [1] The work on the behavioral theory started in 1952 when March, a political scientist, joined Carnegie Mellon University, where Cyert was an economist. [2]
Property is a system of rights that gives people legal control of valuable things, [ 1] and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away, or destroy it, or to exclude ...