What can multiple price lists really tell us about risk preferences?

Multiple price lists have emerged as a simple and popular method for eliciting risk preferences. Despite their popularity, a key downside of multiple price lists has not been widely recognized — namely that the approach is unlikely to generate sufficient information to accurately identify different dimensions of risk preferences. The most popular theories of decision making under risk posit that preferences for risk are driven by a combination of two factors: the curvature of the utility function and the extent to which probabilities are weighted non-linearly. In this paper, we show that the widely used multiple price list introduced by Holt and Laury (The American Economic Review 92(5) 1644–1655 2002) is likely more accurate at eliciting the shape of the probability weighting function, and we construct a different multiple price list that is likely more accurate at eliciting the shape of the utility function. We show that by combining information from different multiple price lists, greater predictive performance can be achieved.     

False positives or hidden dimensions: What can monetary and multidimensional measurement tell us about child poverty in Vietnam?

Roelen K, Gassmann F, de Neubourg C. False positives or hidden dimensions: what can monetary and multidimensional measurement tell us about child poverty in Vietnam? A widely used division between poverty measures based on conceptual underpinnings and analytical outcomes is that of monetary versus multidimensional measures. Comparisons of the use and outcomes of the two methods have shown that they predominantly provide different pictures of poverty in terms of size, rank and group. This article contributes to the long‐standing and ongoing debate on poverty measurement by comparing the use of monetary and multidimensional poverty approaches, with a special focus on children in Vietnam and extending the empirical analysis beyond conventional methods. In addition to investigating whether poverty outcomes or groups of identified poor children differ when using the two different poverty measures, we also investigated the drivers underlying these differences. Findings confirm a considerable degree of mismatch: both poverty measures proved to be inadequate proxies for the other and factors underlying the identification by either one or both of the measures differed.     

What Do We Know about the Family?

Over the years we have spoken and written a great deal about universal pedagogical education, about the search for new forms and methods for educators to work with families, and we have been drawing inferences from a variety of sometimes brilliant and interesting experience. But can we claim today that the school has accomplished much in the way of pedagogical enlightenment of parents, or exerting influence on the family? It would take a great deal of boldness to do so. What is wrong here? Isn't it a fact that, while attempting to influence the family, we fundamentally know nothing about it—except, perhaps, whether it is a "drinking" family or a sober one? Yet statistics make very clear that more and more offenses are being committed by adolescents who come from families that are considered well off. Hence, this well-being must be illusory, and it is essential that we study the family more comprehensively and in depth, that we figure out what is important to teach parents. Considerable help in this regard can be provided by special studies that are being carried out at the Institute of Sociological Research, USSR Academy of Sciences. In this article we acquaint readers with this research.     

What about the fathers? The presence and absence of the father in social work practice in England,Ireland, Norway,and Sweden—A comparative study

Within Northern Europe, gendered roles and responsibilities within the family have been challenged through an emergence of different family forms, increasing cultural diversity, and progressive developments in welfare policies. To varying degrees, welfare policies in different countries support a dual‐earner model and encourage men to be more active as fathers by reinforcing statutory rights and responsibilities. In child welfare practice, there has traditionally been a strong emphasis on the mother as primary carer for the child; the father has been less visible. This paper explores, in four national welfare contexts, how child welfare social workers include fathers in practice decisions. Data were collected using focus group interviews with social workers from England, Ireland, Norway, and Sweden. Similarities and differences emerge in relation to services and the focus of social work assessments. However, overall, the research suggests that despite gains in policy and legislation that promote gender equality, fathers remain largely absent in child welfare practice decisions about the parenting of their children. From the research, we raise questions for social work practice and the development of welfare policies.     

What is Real and What is Realism in Sociology?

In the physical sciences a realist ontology rests on our ability to demonstrate the actual and real nature of material entities. Realist metaphysics of social entities, most influentially Bhaskar's critical realism, attempt to provide a related philosophical foundation for the social sciences. This paper examines the central issue of what is real about society it concludes that social relations and the organisations they constitute do exist and discusses the conditions of their demonstration. Realist interpretations of Bourdieu's theories are given particular attention in an argument that accepts the necessity of social realism but remains cautious about the development of methodologies able to provide effective demonstration.     

Learning from mistakes: What do inconsistent choices over risk tell us?

We implement a risk experiment that allows for judgment errors to investigate who makes mistakes and whether it matters. The experiments are conducted with a random sample of the adult population in Rwanda, and data on financial decisions are collected. We find a high proportion of inconsistent choices, with over 50% of the participants making at least one mistake. Importantly, errors are informative. While risk aversion alone does not explain financial decisions, risk aversion and inconsistent choices interact in significant and sensible ways. As we would expect, risk-averse individuals are more likely to belong to a savings group and less likely to take out an informal loan. For those more likely to make mistakes, however, as they become more risk averse, they are less likely to belong to a savings group and more likely to take up informal credit, suggesting that mistakes correlate with less than optimal behavior.

Shall we follow the money? Anti-mafia policies and electoral competition

Building upon the evidence that the mafia increases the degree of vote concentration, we use data on regional elections in Sicily to estimate the impact of anti-mafia policies on electoral competition. We find robust evidence that the reassignment for social purposes of property and assets seized to the mafia reduces the degree of electoral concentration. This result supports the hypothesis that policies that create social value, such as the reallocation to social-driven organizations, are more effective than those targeted to public and political institutions.     

Does culture matter for the economic performance of countries? An overview of the literature

From the point of view of economic development, the world is far from being homogeneous. Among the possible causes of such uneven evolution, culture is starting to attract the attention of a growing number of scholars. The present paper surveys some of the most important contributions on culture and economics, with a particular focus on the definition and measurement of culture and on the impact of different cultural traits on economic variables. According to this review of the literature, cultures emphasising individual effort while providing equal opportunities for everyone are more likely to encourage sustained economic growth.     

Collective Action—and Then What?

Two aspects of the social psychology of collective action are of particular interest to social movement organizers and activists: how to motivate people to engage in collective action, and how to use collective action to create social change. The second question remains almost untouched within social psychology. The present article delineates research from political science and sociology concerning variables that moderate the effectiveness of collective action and maps these variables against intergroup research. Within intergroup social psychology, there is a theoretical literature on what needs to be done to achieve change (e.g., changing identification, social norms, or perceptions of legitimacy, stability, permeability). The article considers possible testable hypotheses concerning the outcomes of collective action which can be derived from intergroup research and from the synthesis of the three disciplines. For theoreticians and practitioners alike, a program of research which addresses the social-psychological outcomes of collective action and links these to identities, norms, intentions, and support for social change in bystanders, protagonists, and opponents has a great deal of interest.     

Does diversity matter? exploring workforce diversity,diversity management,and organizational performance in social enterprises

This study explores the dynamics of workforce diversity, diversity management, and organizational performance in social enterprises. Semi‐structured in‐depth interviews were conducted with 14 individuals working in the social enterprise sector in Los Angeles, California, including both top management and regular employees. Data were analyzed using thematic analysis rooted in grounded theory. Overall, high levels of diversity in gender, race/ethnicity, education, and sexual orientation were identified in social enterprises, while low levels of age and value diversity were found. Workforce diversity and diversity management were reported to be crucial factors that positively influence organizational performance. Although interviewees considered diversity management to play an important role in promoting organizational performance, they were less likely to implement diversity management themselves. By providing important insights into workforce diversity, diversity management, and organizational performance in social enterprises, this study contributes to an understanding of the dynamics and provides suggestions for sustainability in social enterprises.     

The political economy of U.S. economic performance: is the president responsible?

A recurring theme in electoral politics is that American voters hold the president responsible for the state of the economy. Ironically, many Presidency scholars argue that presidents are ill equipped to manage the economy because other variables compete with and complicate the effects of fiscal policy. These include international variables, private market forces, and monetary policy, among others. Using simultaneous equation methods, we examine the direct and indirect effects of fiscal policy on economic performance while controlling for a variety of other determinants of economic performance. We find that fiscal policy plays a significant role in influencing unemployment and economic growth in the United States, even after controlling for a variety of other determinants of economic performance. We close by discussing the importance of linking the econometric modeling literature with the literature on presidential management of the economy.     

Do economic growth and institutional quality reduce poverty and inequality in West Africa?

Over the past two decades, the West African region has experienced much faster economic growth than other parts of the world. However, despite this economic upturn, the region has continued to experience high levels of inequality and poverty, yet economic growth is considered to be one of the main drivers of poverty reduction. An interesting literature indicates that local conditions may limit the expected effects of economic growth on poverty and income inequality. In this study, we are interested in the role of institutional factors that have been largely ignored in explaining poverty reduction and inequality outcomes in this region. Thus, this study empirically examines the role of economic growth and institutional quality on inequality and poverty reduction in West Africa. Using data from the World Development Indicators (WDI), the International Country Risk Guide (ICRG) and the Standardized World Income Inequality Database (SWIID), our results show that economic growth remains a necessary condition for poverty reduction and that the overall improvement in the quality of institutions contributes significantly to reducing poverty and income inequality in the long term. This contribution is made in particular through the improvement of democratic institutions, the alleviation of bureaucratic constraints, the quality of the judicial and regulatory system, the control of corruption and the quality of government stability. Furthermore, we show that improvements in the judicial system, low levels of corruption and better bureaucratic quality happen to be prerequisites for economic growth to significantly reduce income inequality. These results therefore call on policy makers in the West African region to improve their institutional framework and especially these dimensions with a view to enabling the region citizens to improve their living conditions.     

Prophetic at Any Price? Clergy Political Behavior and Utility Maximization*

Objective. I examine the degree to which U.S. clergy might be considered utility maximizers in determining whether to undertake political behavior among their parishioners. Specifically, I investigate whether mainline Protestant clergy elect not to engage in political activities due to a general concern that their behavior might lead to a downturn in parishioner contributions. Methods. Six maximum likelihood models are employed to analyze survey data of clergy in the Presbyterian Church, USA, and the Episcopal Church, USA. Results. Evidence from six maximum likelihood models shows that clergy are less likely to undertake political behavior when this financial motive is in play, suggesting that even religious elites are susceptible to the maximization motive. Conclusions. These results have implications for elites in voluntary organizations more generally. An example is interest group leaders who might be compelled to take the views of their rank‐and‐file members into account in making policy when group solvency is a concern. Overall, these findings advance the literatures on clergy politics, interest groups, and elite theory, and recommend a reexamination of the general assumptions about elite influence in organizational settings—both religious and secular.     

‘Work for others but none for us’: the economic and environmental inequalities of New Deal relief

This article calls for increased dialogue between social and environmental historians through an examination of the unintended inequalities caused by New Deal relief efforts in the United States during the Great Depression era. It does so not by exploring those directly involved in New Deal relief programmes, but rather by analysing the impact of such programmes on residents of local communities situated near New Deal work project sites. In particular, it traces how a dozen Civilian Conservation Corps camps in a state park thirty miles from New York City transformed the local environment, and in turn influenced the economies and political relationships of nearby local communities. The article argues that while working-class residents were unable to benefit financially from nearby New Deal relief work, middle- and upper-class business owners proved more successful. As a result of such economic inequalities, while working-class locals became increasingly critical of Franklin Roosevelt's New Deal, middle- and upper-class residents became grudgingly supportive. The article concludes by urging both social and environmental historians to undertake ‘histories from the ground up’ that pay as much attention to nature as they do to race, class, ethnicity and gender.     

Gender and Health Inequalities: What Are They and What Can We Do About Them?

The subject of gender and health inequalities is contested territory in health policy, research and practice. Yet there is a dominant approach which I describe as a form of technocratic rationality. Its application imposes significant limitations because it represents the problem of gender and health in terms of measurable sex differences in relation to health service access and health outcomes. In doing so, it fails to address and explain the social dynamics that generate the problem. I propose an alternative approach that originates in Australian women's health policies of the 1980s. These emphasised the inequalities between men's and women's participation in mainstream health policy, planning, management and delivery of services, and women's concomitant marginalisation. Recent sociological study offers support for this perspective suggesting that the endogenous organisational dynamics (or logics) within public health institutions provide a better way of understanding what the problem of gender inequalities in health is, and how we might fix it.     

What kind of people are we? 'Race', anti-racism and social welfare research

Summary This article argues that, to provide reliable and nationallyrelevant information on which to base policy and practice andto afford the Black population equal access to knowledge aboutits social realities, social welfare research needs to includeaccurate representations of minority ethnic groups and theirchanging needs. Using child welfare and community care as examples,a brief research review indicates the continued scarcity ofsuch research and its potential benefits. The methodologicalsupports available to researchers seeking to include minorityethnic populations and anti-racist perspectives are considered,and it is concluded that such supports are limited and patchy.In exploring the reasons for this, the author identifies someof the political, personal and technical challenges an anti-racistapproach presents. The terms 'experiential affinity' and 'experientialinterdependence' are introduced to help conceptualize the knowledgeand power differentials which may impede researchers pursuinganti-discriminatory aims, and a 'costs and benefits' frameworkis suggested to help understand and confront these issues. Then,drawing on existing research and theory, the article considersin detail some of the technical challenges to be overcome, withparticular reference to sample identification and selection,fieldwork processes and data analysis and suggests practicalways in which some of these challenges might be met.