Workplace Policy Project Research Paper Example | Topics and Well Written Essays - 1250 words

Workplace Policy Project - Research Paper Example The above policies only apply to customers in the United States. International Privacy Policies exist for customers outside the United States which are dependent on the laws of the country that govern their relationship with Wells Fargo This policy describes how the company utilizes and protects the customers’ information. The privacy of an individual, to a large extent, determines the customer service provided by the company. This policy was aimed at protecting information pertaining to individuals’ business accounts, loans, leasing and sales programs among others. The company determines how they share the personal information of its customers and whether the customers can limit the sharing and are required to inform their customers on how they go about it. The type of information being referred to here is the social security number and employment information, account balances and history of transactions and the credit and investment history. Some of the reasons the company may choose to share customer information include: For trust accounts in which the trustee happens to be Wells Fargo, there are special rules of confidentiality under which these accounts are protected. This kind of information needs specific consent before it can be shared for market purposes. Wells Fargo gives provisions for their customers to limit sharing of information. To protect the customers’ personal information from any form of unauthorized access, the company uses security measures that are required to be in compliance with federal law. Some of these measures include computer safeguards to prevent computer hacking and securing files and buildings. To cater to visitors, Wells Fargo provides various demos designed to help customers make the right financial decisions in selecting the products and services the customers need. It has applications to enable the customers to generate ‘what if’ scenarios to determine whether they

Set of Economics Problems Essay Example | Topics and Well Written Essays - 500 words

Set of Economics Problems - Essay Example This phenomenon is explained with the help of a model. First of all Assume an economy composed of n citizens, with one of them serving the role of a self interested public official. This official is considering whether to implement a project. Here we take a situation where there is only one citizen i who derives positive utility from the project Ui > 0. All other citizens in the economy including the public official derive utility U-i ≠¤ 0. The public official may corrupt citizen i by proposing a bribe, which the citizen may accept or reject. For each unit of bribe b, we also assume citizen i suffers a cost (1+ÃŽ ¬), with ÃŽ ¬ ≠¥ 0. We assume Ui à · 1+ ÃŽ ¬ > U-i and complete information. Sub-game Nash Equilibrium is used in dynamic games. More informally, we can say that it means if the players used to play any smaller game that consisted of one part of the larger game then their behavior symbolizes Nash equilibrium of the smaller game. In any finite game like one mentioned above, we implement a common method of backward induction in which one considers the last actions and outcomes of the game first and determines which actions would be required to maximize utility in possible circumstances. For example the public official is proposing bribe and corrupt the citizen i keeping in mind his own benefits. However, the citizen may accept or reject the bribe. In case if the citizen accepts the bribe then it will include in corruption on the part of the public official as well as the citizen to maximize their own benefits. Furthermore, this corruption results in social inefficiency and harming the overall economic growth of the country. Now, suppose the project is a driving license for citizen i and citizen i is a dangerous driver. In such a case there would be negative externalities of the project for all other citizens. However, these negative externalities are small.