Word: standardization
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Dates: during 1970-1979
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Like other B-School professors, Raiffa uses the case method system of teaching. However, his practice of casting his students as players actually engaged in arbitration differs from standard B-School technique by forcing the students to adopt the biases inherent in their roles. Thus the students confront the ethical issues in their own behavior and analyze the place of ethics in negotiations...
...hope that in answering these questions," Raiffa told the class, "You will favor the course of action embracing a higher moral standard...
...worldly standard Brumley Gap is hardly in a position to stand against a $1 billion water project. The village is set in the middle of what the inhabitants proudly refer to as Poor Valley. The soil is rocky and hard to farm. Most families cultivate an acre or so of tobacco, the town's only cash crop, and a vegetable patch, with a little meager grazing land for a few cows. The families in the scattering of wooden houses and log cabins have a median income of about $6,000 a year. To eke out a living, many...
...Mexico's Senate and Chamber of Deputies, Carter acknowledged that the problems between the two neighbors were difficult. Suggesting that the U.S. was not responsible for the high level of poverty in Mexico, he added that the immigration conflict will be eased only when Mexico's standard of living improves. Meanwhile, he said frankly, he intends to enforce U.S. immigration laws "as fairly and humanely as I can." Replying to a complaint from LÓpez Portillo that Mexicans working in the U.S. often are mistreated, Carter promised to "protect the basic human rights of all people within...
...practical purposes, the world has been off the gold-exchange standard for nearly eight years. When it comes to transactions among central banks, mankind's most treasured possession is supposed to have no more relevance than the Mongolian tughrik. So much for the official view of gold's value. Out there in the real world, the metal that Economist John Maynard Keynes once Wrote off as a "barbarous relic" has never shone more brightly...