Philosophy is a scientific discipline which includes such questions as
- ethics: how we should behave
-epistemology: what is knowledge, is it subjective, objective, etc
- logics: what logically follows from other facts.
In a way these sub-fields are only loosely connected, but what they have in common is the type of inquiry (logical thinking, argumentation) used. <span />
Answer:
Extensive social regulation may have an anticompetitive effect.
Explanation:
Social regulation refers to a series of public policies, rules, and laws, implemented by a government that try to determine or influence some economic or social activities. Social regulations are often used with specific goals in mind, such as promoting equality, restrict harmful practices, and protect certain sectors of the population, the environment, etc. However, a side effect of regulatiosn is that they might have an anticompetitive effect. That is, they can discourage private activity because the costs of abiding by the regulations might be seem as too high by some actors, thus preferring to stand aside; also, regulations can distort free markets, leading to distortions in prices and misallocation of resources. On the other hand, often times the costs of social regulations are often easier to measure than their benefits. This is because the costs can be directly measured by the amount of money regulations costs to the government and enterprises, while benefits are more often than not indirect, so there are no immediate indicators for how beneficial regulations can be.
When an individual gives something to someone else but expects nothing in return, this is an example of Generalized reciprocity.
Generalized reciprocity is the phenomenon in that people deal with others in the same way that others treated them in the past. besides the behavioral results, whether or not aim facts additionally manipulate generalized reciprocal behavior remains uncertain.
Generalized reciprocity is gift giving without the expectancy of a direct return. as an instance, if you are shopping with a pal and also you buy him a cup of espresso, you could assume him to buy you one in return at some time in the future
Generalized reciprocity: This form regularly entails exchanges within families or pals. there may be no expectation of a back prefer; alternatively, human beings without a doubt do something for any other character based on the belief that the opposite individual might do the equal element for them. This sort of reciprocity is related to altruism.
Learn more about Generalized here:
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