PSYCHOLOGY OF SOCIAL BEHAVIOR Essay Example | Topics and Well Written Essays - 1250 words

PSYCHOLOGY OF SOCIAL BEHAVIOR - Essay Example Taylor and Brown (1986) are of the view that a person containing positive illusions about his own self and others also maintains healthy mind, because mental information system has the capability to reach a happy and optimistic conclusion. The researchers, above-mentioned, have discussed their socio-psychological perspective of mental health under the title Illusion and Well-Being: A Social Psychological Perspective on Mental Health. In this research paper, Taylor and Brown analyze how mental health has been co-related with perceiving realities without any illusion of optimism. According to this model, individuals mildly distort reality to their benefit due to self-serving biases. This construct represents an in-depth synthesis of many models. (Luca, 1999:37) The past researches used to measure mental soundness of individuals by their vision of realistic thoughtfulness. A dominant position has maintained that the psychologically healthy person is one who maintains close contact with reality. (Taylor & Brown, 1988:193) Taylor & Brown do not go eye to eye with the notion of assessing mental health with mere the soundness of realism; rather, they are of the opinion that unrealistic positive illusions serve as the definite indicators of metal health on the one hand and are highly supportive in keeping the mind healthy on the other for an individuals cognitive development and mental fitness. Cognitive development refers to the growth of mental processes as well as ability to think and perceive. It also discusses how an individual learns by his innate mental capabilities and from society. The study of cognitive psychology is motivated by scientific curiosity, by the desire for practical applications, and by the need to provide a foundation for other fields of social science. (Anderson, 1990:1) Taylor & Brown, emphasize on the significance of positive illusion for judging

Explain and demonstrate how capital transactions are accounted for in Essay - 1

Explain and demonstrate how capital transactions are accounted for in a partnership - Essay Example These two categories majorly differ in the rights they bestow upon their owners. Common stock is simply the partial ownership of company where an investor buys stocks traded by the company through public offer. Investors may trade these stocks amongst themselves on the secondary market. The primary goal of buying these stocks is to earn dividends should the company make profit. Every common stock is a representation of a certain proportion of ownership in a company. for example if a company has 500,000 shares of common stock and an investor owns 5 of them, then we can say that he or she owns 5/500,000th of the company and same percentage of profit share. Preferred stock just like common stock represents partial ownership in a company. However, preferred stock shareholders do not enjoy other privileges like the voting rights. In this category investors are paid a fixed dividend not based on the number of shares owned. However the company may fail to pay dividends due to the financial challenge. In such cases, dividends of the preferred shareholders are always paid off first before common shareholders. Investors whether common or preferred have the ownership right of the company. A stockholder has a say in the running of the company. The most significant thing about stocks is that it is a high return investment. Stocks whether preferred or common have better return. Both kinds of stock pay dividends. Stocks generally can be a kind of dangerous investment. This is true for both preferred and common stock. Investors can lose all the money if the company runs at a significant loss. One major difference between common stock and the preferred stock is that shareholders with common stock are paid dividends proportional to the number of stock owned by an individual. However preferred stock shareholders are paid fixed dividend. It is beneficial to own preferred stock. This is because as a