Lantern Essays Samples That Help You Write Better, Faster & with Gusto

Shopping Addiction Disorder

Shopping Addiction Disorder or Shopoholism is defined as recurrent behavior of purchasing or intending to purchase items that are not required, or doing purchases for extended time periods than intended. Shopoholism is the word used for this compulsive shopping disorder. It is the disorder in which the addict feels a compulsion to spend money, irrespective of the financial resources or the needs. The person may be addicted to a specific product or may purchase anything from stocks to beauty items. This disorder leads to suffering and distress .

Some of the common symptoms of a person suffering from Shopaholism are: Continue reading...

The concept of a “Natural Monopoly” relates to monopoly in general and still constitutes its special type. Natural monopoly occurs due to objective reasons and represents a situation where the demand for certain product would be better and more efficient met by one or few entities. Natural monopoly is usually caused by specific manufacturing technology and customer service, so under such circumstances the competition is impossible or undesirable. In 1977 William Baumol presented a classic definition for natural monopoly, “ an industry in which multiform production is more costly than production by a monopoly” (As cited in Yevdokimov, 2012, p. Continue reading...