Essays on Crook

Abstract

The purpose of the paper is to assess the impact of Airbnb, the company that makes it possible for people from different countries to hand over their property to strangers, on the hotel industry. It is known that Airbnb is the third by cost value private IT-company in the world as its value is $25.5 billion. It is estimated that flow of orders of rooms for the night to Airbnb may increase from 79 million in the current year to 500 million over the next five years (and up to a billion within 10 years). In general, from a ...

General Problem Statement

Homelessness is a worldwide phenomenon observed in all nations regardless of economic development status. Many often believe homelessness is only a result of financial distress but there are many instances wherein homelessness is a result of other circumstances; advocates of the financial viewpoint – Miller, Herzberg, and Ray (2012) – claimed the urgency of addressing economic problems of society to effectively deal and combat homelessness. In contrast, Wright (2009) emphasized political and social origins of the problem rather than economic ones In the hopes of helping the problem, Hodas and Myers highlighted social and educational issues in schools that impact children ...

Residential Property Market in Australia

Australian has seen of the one highest boom in the residential houses market over the last couple of years. Additionally, the house prices have been on the rise. Particularly, the Australian Bureau of Statistics (ABS) indicated that the house prices in the country increased by an average of 11.4% before inflation adjustment throughout the major cities in the year 2015 (Chamberlain, Johnson & Robinson 2014). Notably, despite the modest economic growth experienced in Australia, the housing market continued to rise, and there has been a consistent increase in the house prices (Ley 2011). For instance, the eight major cities experienced ...

In research conducted by Rauscher, Shaw, and Ky (1993), the result of listening to music composed by the musician Mozart was an short-term improvement in tasks associated with spatial-temporal reasoning. The researchers hypothesized that higher brain functions correlate with music cognition. Dubbed the “Mozart Effect” by Dr. Alfred Tomatis, subsequent experiments differed on whether the influence is significant. While some studies support the proposed impact (Ivanov & Geake, 2003; Rauscher, Robinson, and Jens, 1998; Rideout & Laubach, 1996), others do not (Chabris, 1999; Mehr, Schachner, Katz, & Spelke, 2013; Steele, Bass, & Crook, 1999). This paper is an analysis of the research by ...

The case of Roper vs. Simmons is a case that involved the issuance of a ruling by the United States Supreme Court holding and arguing that imposing capital punishment on minors was unconstitutional. The case of Roper vs. Simmons had the punishment extents of juveniles involved in murder cases lowered contrary to an earlier strict ruling in cases involving minors. For example, in previous years, the Supreme Court issued stern decisions on cases such as Stanford vs. Kentucky case of 1989. Accordingly, the Supreme Court went ahead and overturned statutes in 25 states lowering penalties on minors. Also, various ...

Audacity

Audacity is a single multiple track tool for editing and recording sound. It allows users to manipulate with the soundtracks, change arrangement or fix issues like noise. The user interface of Audacity as shown in Figure 1 is simple; it provides buttons on top like a video recorder. One can also open an existing file into Audacity for listening or making some changes. The recorded sound is shown in a waveform that makes editing very simple and graphical. It also consists tools for clipping portions of the sound and a special tool for volume adjustments. Audacity is easy to ...

Credit Risk Management Analysis

Credit risk emanates from the peril of loss of principal or shortfall of a financial reward stemming from a borrower default to repay a loan obligation. The failures to honor a contractual agreement of a loan results of a wholesale credit risk. When a borrower envisages to use future cash flow to pay a current debt credit risk will eventually arise. Then the savers will assume credit risk by way of interest payment from the borrower or issuer of the debt obligation. The wholesale credit risk, therefore, emanates from the defaulters of debt obligation that have been acquired from ...