Marital relationships and purchasing decisions — to buy or not to buy,that is the question

Wives and husbands from 47 households rated their wellbeing in situations, where they imagined either to buy or not to buy a desired product, with their spouse either agreeing or disagreeing with the purchase. The product was female-specific for wives and male-specific for husbands. For 23 households the product was relatively cheap, for 24 households the subjects imagined to desire an expensive commodity. The approach was similar to Kelley and Thibaut's (1978) analysis of interdependence matrices. The data, in general, support the following hypotheses: (a) When the partner objects the purchase, the utility of the product will outweigh the perceived social costs more for husbands than for wives, especially in male-dominated families; (b) the wife's wellbeing with purchase decisions will depend more than her husband's wellbeing upon the partner's agreement, especially in male-dominated families, (c) the husband's wellbeing in conflict (buying a product despite the partner's objection) will be positively related with his dominance and vice versa; (d) mutual appraisal of situations will correspond higher in happy than in unhappy couples.The results are discussed with respect to differences in male and female strategies to cope with authority and social emotions in buying decisions. Shortcomings of economic theories on determinants of family consumer decisions are pointed out.     

Decision making with stochastic dominance: An expository review

This paper surveys the use of stochastic dominance to decision making under uncertainty. The first part presents the relevant definitions and some properties of distributions satisfying one of the stochastic dominance conditions. These properties include restrictions on moments, an invariance property, and properties of random variables related by an exact formula.The second part contains some applications of the stochastic dominance method and especially the problem of selecting optimal portfolios. Most of the results in this section deal with conditions that make diversification an optimal strategy.     

Charakterisierungen der exponential-und der geometrischen verteilung

A charecterization of the exponential distribution and of the geometrical distribution by means of independence of min (X, Y), max (0, X - Y) is given.     

Residential quality assessment: A conceptual model and empirical test

This paper presents a model for the study of perceived residential quality based on the conept that qualities are the criteria by which people evaluate their neighborhood. The assessment of neighborhood attributes is characterized by three groups of variables: qualities, resources and qualities with respect to specific resources. This categorization is presented in a two dimensional matrix which provides for a systematic selection of variables before a study is undertaken, and straightforward analytical procedures once the data are registered. The concept of “qualities as criteria” coupled with the matrix framework provoke the creative search for alternative resources to compensate for deficient qualities in the neighborhood context. Results of applying the model in five deprived neighborhoods in Israel are presented.     

DO FINANCIAL INCENTIVES AFFECT FIRMS’ DEMAND FOR DISABLED WORKERS?

A number of OECD countries aim to encourage work integration of disabled persons using quota policies. For instance, Austrian firms must provide at least one job to a disabled worker per 25 nondisabled workers and are subject to a tax if they do not. This “threshold design” provides causal estimates of the noncompliance tax on disabled employment if firms do not manipulate nondisabled employment; a lower and upper bound on the causal effect can be constructed if they do. Results indicate that firms with 25 nondisabled workers employ about 0.04 (or 12%) more disabled workers than without the tax; firms do manipulate employment of nondisabled workers but the lower bound on the employment effect of the quota remains positive; employment effects are stronger in low‐wage firms than in high‐wage firms; and firms subject to the quota of two disabled workers or more hire 0.08 more disabled workers per additional quota job. Moreover, increasing the noncompliance tax increases excess disabled employment, whereas paying a bonus to overcomplying firms slightly dampens the employment effects of the tax.