Evaluation of objectivity, reliability and criterion validity of the key indicator method for manual handling operations (KIM-MHO), draft 2007

Upper extremity musculoskeletal symptoms and disorders are common in the working population. The economic and social impact of such disorders is considerable. Long-time, dynamic repetitive exposure of the hand-arm system during manual handling operations (MHO) alone or in combination with static and postural effort are recognised as causes of musculoskeletal symptoms and disorders. The assessment of these manual work tasks is crucial to estimate health risks of exposed employees. For these work tasks, a new method for the assessment of the working conditions was developed and a validation study was performed. The results suggest satisfying criterion validity and moderate objectivity of the KIM-MHO draft 2007. The method was modified and evaluated again. It is planned to release a new version of KIM-MHO in spring 2012.     

Explaining the demand for structured financial products: survey and field experiment evidence

In many countries structured investment products are popular among retail investors. We explain the demand for these products using unique field data where we let subjects freely design their “favorite” structured product. Results suggest that the supply with capital protected products (guarantee certificates) might indeed be demand-driven. This does not seem to be the case for other product categories where marketing and sales practices might play a more important role. In a survey among financial practitioners we find furthermore that a demand for capital protected products can be explained by loss aversion and saving motifs, e.g. for buying a house.     

Visual sociology: A practical pedagogy

As a part of an organisational sociological study of Danish film projects, I followed the development of a feature film over a one-year period in 2006–2007. Coincidentally, this film came to be about a drama in the academic world. Thus, while I researched the filmmakers, they investigated life in Academia, using me as an informant. In that way, the positions of researcher and informants were turned upside-down. Or rather, a two-way relation of mutual investigations was introduced between the filmmakers and me. In the empirical analysis of the filmmaker's work, I employ the concept of symmetrical ethnography, which has been introduced by the Brazilian anthropologist Eduardo Vivieros de Castro in an attempt to equalise the knowledge practices of informants to those of ethnographers. Vivieros de Castro suggests that such symmetry entails a turn from epistemology to ontology. Hence I discuss whether the filmmakers’ work can be seen as an invention of ontologies. Whereas studies in organisational aesthetics and sociological appraisals of documentaries within visual sociology have a tendency to compare art to academic work, I suggest looking into the filmmakers’ ‘point of view on point of view’, suggesting that the filmmakers and I may not be representing the same world differently but representing different worlds.     

A retrospective visual study of social change: the pulp-logging industry in an Upper Peninsula Michigan county1

This article outlines a strategy for reconstructing and visually documenting social change after the change is already largely completed. The example used is the pulp-logging industry in Ontonagon County, Michigan, in which change occurred slowly until 1970–1985, when a profound transformation took place.     

Testing for violations of the homogeneity needed for conditional logistic regression

In epidemiologic studies where the outcome is binary, the data often arise as clusters, as when siblings, friends or neighbors are used as matched controls in a case-control study. Conditional logistic regression (CLR) is typically used for such studies to estimate the odds ratio for an exposure of interest. However, CLR assumes the exposure coefficient is the same in every cluster, and CLR-based inference can be badly biased when homogeneity is violated. Existing methods for testing goodness-of-fit for CLR are not designed to detect such violations. Good alternative methods of analysis exist if one suspects there is heterogeneity across clusters. However, routine use of alternative robust approaches when there is no appreciable heterogeneity could cause loss of precision and be computationally difficult, particularly if the clusters are small. We propose a simple non-parametric test, the test of heterogeneous susceptibility (THS), to assess the assumption of homogeneity of a coefficient across clusters. The test is easy to apply and provides guidance as to the appropriate method of analysis. Simulations demonstrate that the THS has reasonable power to reveal violations of homogeneity. We illustrate by applying the THS to a study of periodontal disease.     

Prospect theory for continuous distributions

We extend the original form of prospect theory by Kahneman and Tversky from finite lotteries to arbitrary probability distributions, using an approximation method based on weak-⋆ convergence. The resulting formula is computationally easier than the corresponding formula for cumulative prospect theory and makes it possible to use prospect theory in future applications in economics and finance. Moreover, we suggest a method how to incorporate a crucial step of the “editing phase” into prospect theory and to remove in this way the discontinuity of the original model.

Does signaling childcare support on job applications reduce the motherhood penalty?

Review of Economics of the Household - There is substantial evidence that due to perceived childcare obligations, mothers are disadvantaged in labor markets. To what extent can childcare support...     

Estimating cumulative prospect theory parameters from an international survey

We conduct a standardized survey on risk preferences in 53 countries worldwide and estimate cumulative prospect theory parameters from the data. The parameter estimates show that significant differences on the cross-country level are to some extent robust and related to economic and cultural differences. In particular, a closer look on probability weighting underlines gender differences, economic effects, and cultural impact on probability weighting. The data set is a useful starting point for future research that investigates the impact of risk preferences on the market level.