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Social and Behavioral Sciences Commons

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Communication

2011

Economics

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Collective Choice, Justin Schwartz Jan 2011

Collective Choice, Justin Schwartz

Justin Schwartz

This short nontechnical article reviews the Arrow Impossibility Theorem and its implications for rational democratic decisionmaking. In the 1950s, economist Kenneth J. Arrow proved that no method for producing a unique social choice involving at least three choices and three actors could satisfy four seemingly obvious constraints that are practically constitutive of democratic decisionmaking. Any such method must violate such a constraint and risks leading to disturbingly irrational results such and Condorcet cycling. I explain the theorem in plain, nonmathematical language, and discuss the history, range, and prospects of avoiding what seems like a fundamental theoretical challenge to the possibility …


Who's To Blame When A Business Fails? How Journalistic Death Metaphors Influence Responsibility Attributions, Ann Williams Dec 2010

Who's To Blame When A Business Fails? How Journalistic Death Metaphors Influence Responsibility Attributions, Ann Williams

Ann E Williams

This study unites a textual analysis and an experimental audience study to document the use of death metaphor in business news and to assess the impact that death metaphor has on audiences' attributions of responsibility for corporate failure. The findings show that death metaphors are frequently used in financial press coverage and that the use of death metaphor influences audience members' responsibility attributions by intensifying overall levels of blame, while simultaneously deflecting blame away from the executives responsible for managing the firm and diffusing it to other factors, including the state of the economy, the government, and individual consumers.