What is sociological about economic sociology? Uncertainty and the embeddedness of economic action

Conclusion This article argues that the problem of uncertainty represents the central limitation of efficiency-based approaches to the explanation and prediction of economic outcomes. The problem of uncertainty reintroduces the Hobbesian problem of order into economics and makes it possible to connect questions of economic decision-making with social theory. The emphasis lies not, as in the behavioral theories of the Carnegie School, in the influence of uncertainty on the actual decision process, but in those social devices that actors rely on in decision-making, i.e., that structure the situation for the agents. If agents cannot anticipate the benefits of an investment, optimizing decisions become impossible, and the question opens up how intentionally rational actors reach decisions under this condition of uncertainty. This provides a systematic starting point for economic sociology. Studies in economic sociology that argue from different theoretical perspectives point to the significance of uncertainty and goal ambiguity. This contribution reflects theoretically why economic sociology can develop a promising approach by building upon these insights. It becomes understandable why culture, power, institutions, social structures, and cognitive processes are important in modern market economies. But it should be equally emphasized that the maximizing paradigm in economics will not be dethroned without a causal theory of the relationship of intentional rationality and social rigidities.     

Evaluating physician competency: What difference does it make?

There are a number of skills that professional experts believe physicians in training should learn in order to be labeled competent practitioners. The beliefs of the experts should be subjected to the rigors of scientific investigation. This paper presents a system for evaluating clinical competency which is designed to test the beliefs of the experts as well as the skills of the practitioner. Four measures of clinical competency are included: data collection completeness, problem identification accuracy, interview skills, patient and physician assessment. Preliminary results suggest a more careful re-examination of beliefs about the skills considered necessary and sufficient in determining clinical competency.     

What childhood characteristics predict psychological resilience to economic shocks in adulthood?

This paper investigates whether people’s psychological resilience to one of the most important economic shocks – job loss – can be predicted using early childhood characteristics. Using a longitudinal data that tracked almost 3000 children into adulthood, we showed that the negative effect of unemployment on mental well-being and life satisfaction is significantly larger for workers who, as adolescents, had a relatively poor father-child relationship. Maternal unemployment, on the other hand, is a good predictor of how individuals react psychologically to future unemployment. Although the results should be viewed as illustrative and more research is needed, the current article provides new longitudinal evidence that psychological resilience to job loss may be determined early on in the life cycle.     

Styling locally, styling globally: What does it mean?

In discussion of the papers in this special issue, we note that styling and crossing are not new phenomena, but are found world wide and are very old. This suggests that analyses of styling and crossing in comparative and historical perspective would be highly desirable. Such analysis will require rigorous macroanalytic characterizations of speakers and interlocutors in order to make comparison possible. The complex pragmatic effects of styling challenge both theory and method in pragmatics, but we will not fully understand what these challenges are until we attempt relatively formal analysis of these effects, which must include very large-scale phenomena such as domination and appropriation versus transgression and liberation.     

What does ‘active citizenship’ mean for Erasmus students?

Since ERASMUS (European Region Action Scheme for the Mobility of University Students) was launched there has been a constant debate about the civic significance of this mobility programme. The purpose of this article is to analyse the understanding of active citizenship by Erasmus students. In order to discover Erasmus students’ perceptions, values, beliefs and attitudes regarding the issue under discussion, original data were collected from 174 students who participated in our survey in March 2014. By applying a statistical analysis, the most and the least important criteria for being considered an active citizen have been extracted from the answers of our respondents. In addition, we studied their attitudes towards and knowledge of the European Union (EU). We found that their understanding of ‘active citizenship’ echoes with the definition of the concept provided in the research literature.     

How does family health care use respond to economic shocks? realized and anticipated effects

Review of Economics of the Household - Using two-year panel data from the Medical Expenditure Panel Survey (MEPS) for 2004 to 2012, we examine how the intra-family allocation of health care...     

What does a motorcyclist look at while driving at urban arterials?

To design adequate measures for enhancing riders' safety, a necessary first step is to understand the riders' visual scanning strategies under different traffic conditions. This paper presents the preliminary analysis of eye tracking data collected by three riders in the Athens metropolitan area, riding along urban arterial motorways and along an undivided urban road. Apart from the fixation duration and location, the fixated road elements and specific objects were annotated and analysed. The mean duration of fixations was found to be higher on urban roads than on motorways for all traffic densities. Riding in the condition of restricted flow seems to be more demanding for the riders, since the mean duration of fixations was higher in restricted flow than in free or congested flow on motorway and also higher than in free flow on urban road. The riders' fixation locations differed between motorway and urban road, especially in the vertical plane. The analysis of fixated road elements and specific objects indicates the specific points of interest of riders in each case. Although results should be validated with data from more riders, they provide hints on direction of future research efforts to enhance riders' safety in urban environments.     

What does $8 billion for coronavirus say about opioid funding?

Last week, Congress gave $8 billion to the fight against coronavirus, seemingly overnight. Certainly, compared to the extra $2 billion a year for addressing the opioid epidemic, the money came much faster. It took years for the State Targeted Response to the Opioid Crisis (STR) grant to be included, as it was in the Cures Act passed by Congress in 2016 and signed into law by President Obama in December of that year. The State Opioid Response (SOR) grants continue. How did the coronavirus $8 billion — $6 billion more than the White House had asked for — materialize so quickly? We asked two Capitol Hill experts.     

What drives youth unemployment in Europe? Economic vs non‐economic determinants

This article explores the main determinants of youth unemployment in Europe in the period 2002 to 2014 by estimating panel data models for the 28 Member States of the European Union (EU). Heterogeneity is acknowledged by estimating models for subsamples of countries with “high” and “low” youth unemployment rates. The main results suggest that youth unemployment is more pronounced in countries with poor GDP growth, a low share of construction activity and high public debt. Reduced mobility (owing to homeownership), corruption, reception of a high level of remittances and a lack of possibilities for young people to live outside parental homes are also important factors.     

What money can’t buy: The psychology of financial overcompensation

When a financial damage has been inflicted, perpetrators can satisfy victims’ outcome related concerns by providing a financial compensation. Few studies have investigated, however, whether overcompensation (i.e., compensation that is greater than the damage suffered) is more beneficial than equal compensation (i.e., compensation that covers the exact damage suffered). The results of four studies show that overcompensation offers no effects in addition to the impact of equal compensation, and that it even provokes negative outcomes. More specifically, overcompensation is attributed to occur because of a lower level of moral orientation on the part of the perpetrator (Study 2 through 4), leads to less favorable perceptions of the perpetrator (Study 2 and 4), and lower levels of trust in the perpetrator (Study 3 and 4) than equal compensation. No significant differences between overcompensation and equal compensation appeared for relationship preservation and cooperation (Study 4). These results show that while overcompensation may rebuild cooperation (albeit not more effectively than equal compensation), it does so at a monetary and relational cost that limits its effectiveness as a tool to promote true interpersonal trust. The present studies thus show that a large financial compensation does not provide any surplus value in terms of psychological outcomes and relationship continuation, even though such compensation best satisfies a victim’s economic needs.     

What does wellbeing do? An approach to defamiliarize keywords in youth studies

Wellbeing has become a keyword in youth and social policy, a construct deployed as a measure of a good life. Often associated with physical and mental health, wellbeing encompasses numerous indicators, from subjective experiences of happiness and satisfaction to markers of economic prosperity and basic human needs of security. This article examines wellbeing as an organizing concept in discourses on young people and argues for defamiliarizing its truth claims and cultural authority by investigating what wellbeing does. We begin by examining the rise of wellbeing, drawing attention to its conceptual muddiness and ambiguity. Framed by the Foucauldian notion of problematization, the analysis proceeds along two routes: first, through an historical consideration of wellbeing as a relational concept with antecedents, focusing on ‘self-esteem’; and second, through a reading of wellbeing in contemporary educational policy. Informed by Somers' historical sociology of concept formation and Bacchi's critical policy analysis, we illuminate the mixed dimensions of wellbeing's reach, placing it within longer traditions of youth studies and psy-knowledges and showing its transformative promise as well as its individualizing effects. In doing so, we elaborate a methodological approach that can be adapted to examine other keywords in youth studies and social policy discourse.     

When money does not buy happiness: The case of “frustrated achievers”

An increase in real per capita income is generally expected to be associated with nonnegative variations in life satisfaction. The alternative (association with negative changes) is generally defined as “frustrated achievement” [Graham, C., Pettinato, S., 2002. Happiness and Hardship: Opportunity and Insecurity in New Market Economies. The Brookings Institution Press, Washington, D.C.].We investigate the determinants of “frustrated achievement” in the German socioeconomic panel on more than 30,000 individuals collected between 1992 and 2004. We observe a parallel reduction in self-declared life satisfaction corresponding to almost one-third of yearly increases in (equalised) real household income.Our econometric findings show that the lack of a full-time job, health deterioration, relative income effects, marital status shocks and poorer social life are the main factors associated with this phenomenon.     

Is international economic migration spreading?

"Are the numbers of migrants growing? Proof is hard to come by--many countries' statistics do not provide reliable data for legal migration; most countries do not have good estimates for illegal migration; quite a few have no useable data at all, especially migrant-sending countries. We make use of an alternative yardstick, which over a period of time compares the number of countries that receive foreigners who are economically active or that are these persons' countries of origin.... Our yardstick includes only countries of a minimum population size fixed in terms of a comparable population base in the years 1970 and 1990."     

Introduction: What does the future promise for work,employment and society?

In introducing this double Special Issue, the authors draw on the articles contained therein to highlight the main areas for consideration in research on the future of work. They present the fast‐paced changes affecting the world of work as offering an opportunity to move towards equality‐inducing growth, while warning of the dangers posed by mismanaged technological change, inequalities (highlighting the persistent and intersectional nature of gender inequality), global supply chains and opportunities for social dialogue. In this light, they also propose policy recommendations focusing on strengthening worker protection and representative institutions, rethinking regulatory frameworks and taxation systems, and ensuring just transitions.     

Life satisfaction and desire to emigrate: What does the cross-national analysis show?

Few articles explain how life satisfaction and happiness influence intention to migrate to another country. This study fills the gap by investigating the desire to emigrate in relation to individual life satisfaction while testing for moderation effects of national life satisfaction scores, the Human Development Index and Gender Inequality Index at country level. The empirical analysis is based on the unique Gallup World Poll data for 127 countries in 2017. In line with previous research, the findings confirm a negative association between life satisfaction (both individual and country level) and the desire to emigrate. Furthermore, results point to mean country life satisfaction, human development and gender inequality levels acting as moderators of individual-level life satisfaction on the desire to emigrate. Higher aggregate life satisfaction levels act as counter-forces to individual life satisfaction, performing as enablers of stay versus move. In countries with lower human development and higher gender inequality, individual life satisfaction will act as an enabler to move. A comprehensive discussion includes findings for gender and age groups and those born or not born in the country.     

Is family planning an economic decision?

This study examines economic models of household choice and the role of economic factors in determining the timing of births. A static economic model is presented and tested with data from the Netherlands. After the availability of contraceptives, the family size variable shifted from being an exogenous to an endogenous one, because births could be regulated. Costs of childbearing were construed to have maintenance costs for parents and society, attendance costs of care, and intangible costs such as anxiety or personal freedom. Benefits were intangible ones, such as joy and happiness; income; public benefits; and attendance benefits. Intangible benefits enlarged the utility of children, but maintenance costs diminished resources available for consumption. Child quality was a product of market goods purchased by parents and others and household labor. Household time allocation varied with child's age. Private responsibility for children varied by country. Quality of child care varied between countries and over time. Quality was dependent upon economies of scale, variable costs by the age of the child, variable time commitments by age of the child, and market substitutes for private child care. Higher income families spent more money but less time on children. It is pointed out that Becker's model explained number of children, but not timing of births. Postponement of birth was unlikely for those with a limited education, an unpleasant job, and low wages. When the advantages and disadvantages of having a baby were positive, spouses or single women with a high subjective preference were expected to bear a child as soon as possible. Government policy can affect the average family size by increasing or decreasing the financial and/or time burden of children. Postponement may be chosen based on long term analysis of a couple's future, the formation and use of capital, and/or high subjective time preference. Before and after first birth are different frames of reference for couples. Before the birth, the future may be vague. After the birth, life without a child becomes unimaginable.     

What does learning by listening bring to citizen engagement? Lessons from a government program

In public relations research, the concept of engagement is often theorized but seldom observed in practice. This research focuses on what public leaders learn when they undertake actions centered on learning by listening to society to implement governmental citizen engagement programs. Taking an inductive grounded approach to data analysis which draws on tools and methods of grounded theory as well as including a review of key concepts from public relations literature, a reflexive analysis of an action learning intervention involving the members of a provincial government was conducted. Results show that, when reflecting on interaction with stakeholders of the program, government members: increase their knowledge about both sides of the public organization-society relationship; become more sensitive to what listening is and implies, and, hence, more supportive of two-way communication; are challenged about the authenticity of the motivations behind their listening; become more aware of ways in which they work to build social capital; and, subsequently, increase their willingness to act together with society. This paper shows that reflection on the real implementation of engagement programs gives policy makers a better understanding of normative assumptions, and hence it instantiates public relations theories and concepts about engagement. By identifying acting-by-listening as integral to citizen engagement, it presents implications for the study and practice of public relations in public sector organizations.     

What does self-esteem have to do with behavioral health among low-income youth in Chicago?

Many studies have examined risk factors associated with poorer behavioral health among low-income African American youth, such as low school engagement, delinquency, mental health problems, drug use, and risky sex. However, fewer studies have examined protective factors for such behavioral health risk behaviors. This study sought to address this gap by examining whether high levels of self-esteem were associated with better behavioral health factors for this population. A survey was administered to a sample of 638 low-income African American adolescents in Chicago to examine the degree to which high self-esteem was associated with less delinquency, substance use, and sexual risk behaviors, and more school engagement, and whether such associations varied by gender. Stepwise linear and logistic regression models were estimated to assess the influence of self-esteem. Higher self-esteem for this sample of low-income African American adolescents was associated with lower rates of delinquency, drug use, and risky sexual behaviors and increased rates of school engagement. Gender moderated only a few of these relationships. These findings suggest that programs that promote high self–esteem alone or in combination with other resilience factors may promote better behavioral health factors for African American adolescents.