money

(noun)

A generally accepted means of exchange and measure of value.

Related Terms

Examples of money in the following topics:

  • Role algebras for multiplex data

    • When we multiply the money matrix by its transpose and take Boolean products, we are identifying the linkage: "sends money to a node that sends money to ..."
    • When we multiply the information matrix times the money matrix, we are identifying the relationship: "sends information to a node that sends money to..."
    • When we multiply the money matrix times the information matrix, we are identifying the relationship: "sends money to a node that sends information to..."
    • Matrix 4 is the compound of money with itself, or: "Ego sends money to someone who sends money to alter."
    • That is, I may send money, and receive information; I may send information, and receive money.

  • Theories of Deviance

    • For instance, individuals in the U.S. who sell illegal drugs have rejected the culturally acceptable means of making money, but still share the widely accepted cultural value in the U.S. of making money.
    • unclear amount of money lost from corporate crime, but totalling in the billions
    • unclear amount of money lost from financial institution fraud, but totalling in the billions
    • unclear amount of money lost from money laundering, but also totalling in the billions
    • Many individuals who commit property crimes do so because they are in need of money.

  • Strain Theory: How Social Values Produce Deviance

    • For instance, individuals in the U.S. who sell illegal drugs have rejected the culturally acceptable means of making money, but still share the widely accepted cultural value in the U.S. of making money.
    • For instance, individuals in the U.S. who sell illegal drugs have rejected the culturally acceptable means of making money, but still share the widely accepted cultural value in the U.S. of making money.

  • Visualizing multiplex relations

    • In our example, we've asked to see the pattern of ties among organizations that send both information and money to others.
    • NetDraw graph of Knoke information and money exchange networks

  • Network regression

    • We might hypothesize that the presence of a money tie from one organization to another would increase the likelihood of an information tie (of course, from the previous section, we know this isn't empirically supported!).
    • The model R-square (.018) indicates that knowing whether one organization sends money to another, and whether the two organizations are institutionally similar reduces uncertainty in predicting an information tie by only about 2%.
    • The intercept indicates that, if two organizations are not of the same institutional type, and one does not send money to the other, the probability that one sends information to the other is .61.
    • If one organization does send money to the other, this reduces the probability of an information link by .046.
    • QAP regression of information ties on money ties and governmental status by full partialling method

  • Age and Income

    • Currently, more money is received from Social Security taxes than is distributed to retirees.However, that will change if Social Security is not modified by 2017.
    • For about 20 years following that, the Social Security Trust Fund, which is the money that was collected when there was a surplus in tax revenue, will make up the difference in payments.
    • Federal Government, it is the Federal Government that borrowed the money.
    • Thus, the Federal Government of the United States actually owes itself the money - over $2 trillion.
    • If the Federal Government is unable to or decides not to pay this money back, the reserves will run out sooner, reducing the payments to beneficiaries at an earlier date.

  • Summary

    • Usually, these structures contain slices that measure different relations (e.g. money, information).
    • A compact way of storing information about multiple kinds of relations among actors in a single matrix, the multi-valued matrix, uses a number to reflect the qualitative type of relation that exists between two actors (e.g. none, money only, information only, information and money; or mutually exclusive "multiple choice" types like: kin, neighbor, co-worker).

  • Location, location, location

    • The figures below are exactly the same network (Knoke's money flow network) that has been rendered in several different ways.
    • Figure 4.5 Free-hand grouping by attributes configuration of Knoke's money network

  • Politics

    • For example, if one attends a public forum, is their opinion likely to be heard, or if they donate money, is a politician likely to support their desired policy?
    • Wealthy, well-educated Americans are more likely to vote and to donate money to politicians than lower class individuals.

  • Hypotheses about two paired means or densities

    • Let's perform this test on the information and money exchange relations in the Knoke data, as shown in Figure 18.7.
    • Test for the difference of density in the Knoke information and money exchange relations