Evaluation of a tobacco prevention program on knowledge, attitudes, intention and behavior of tobacco use among fourth grade students--a preliminary study

This was a preliminary study to evaluate the effectiveness of a tobacco prevention program on knowledge, attitude, intention, and behavior of tobacco use among fourth-grade students in four north central Florida counties. The results suggest that the program was effective in improving students' knowledge, attitudes, and intention toward not using tobacco products. Data analysis showed that students in the education group had a greater improvement in knowledge than the comparison group. Students in the education group also improved their attitude and intention scores while the comparison group did not show any improvement. The results also indicated positive responses from the students. In addition, teachers also gave a very positive response to the program.     

Absorptive and transformative capacities in nanotechnology innovation systems

We identify managerial challenges offered by an emergent nanotechnology innovation system in which knowledge is dispersed, asymmetric and contested. We argue the proposed models of knowledge absorption and transformation enhance existing theories of knowledge and emergent technology by recognizing how and why knowledge flows among the actors in emergent technology innovation system. We base our argument on combined research evidence from a Delphi study concerning the future of European manufacturing, from which a selected statement has been analyzed, and from analysis of the NanoManufacturing Institute at Leeds University, UK; specifically its work in building ties between different actors associated with nanotechnology. We conclude our paper with suggestions for future research.     

Predicting distances using a linear model: the case of varietal distinctness

Differences between plant varieties are based on phenotypic observations, which are both space and time consuming. Moreover, the phenotypic data result from the combined effects of genotype and environment. On the contrary, molecular data are easier to obtain and give a direct access to the genotype. In order to save experimental trials and to concentrate efforts on the relevant comparisons between varieties, the relationship between phenotypic and genetic distances is studied. It appears that the classical genetic distances based on molecular data are not appropriate for predicting phenotypic distances. In the linear model framework, we define a new pseudo genetic distance, which is a prediction of the phenotypic one. The distribution of this distance given the pseudo genetic distance is established. Statistical properties of the predicted distance are derived when the parameters of the model are either given or estimated. We finally apply these results to distinguishing between 144 maize lines. This case study is very satisfactory because the use of anonymous molecular markers (RFLP) leads to saving 29% of the trials with an acceptable error risk. These results need to be confirmed on other varieties and species and would certainly be improved by using genes coding for phenotypic traits.     

Chinese and Americans Agree on What Is Fair,but Disagree on What Is Best in Societal Decisions Affecting Health and Safety Risks

Through surveys of students and junior professionals and interviews with business and government executives, we studied Chinese choices and fairness perceptions in risky health and safety decisions. The survey responses were compared with American responses from an earlier study by Keller and Sarin.The survey results show that the American and Chinese respondents had similar fairness perceptions, but the Chinese did not make decisions that were consistent with their fairness perceptions, whereas the Americans did. We found that the middle-age Chinese professionals tended to make choices that were more different from the Americans than were the choices of the young Chinese management students. It is likely that these discrepancies were caused by cultural differences, with the younger Chinese tending to face a stronger Western influence.The insights from the survey results were enriched by interviews that revealed fairness perceptions of Chinese business and government executives. A framework to interpret cultural influences on decision making was also proposed.     

Testing of the ‘reduction of compound alternatives’ principle

This paper reports an empirical investigation of the effects of three pictorial forms of problem representation on conformance with the Reduction of Compound Alternatives Principle of expected utility theory. The most common form of representation, written problem statements, was compared with three pictorial representations: tubes containing one hundred labeled balls, decision matrices with each column proportional in size to the probability of the corresponding event, and bar graphs. The tubes representation led to fewer violations of the Principle. In addition, when subjects were trained to construct proportional matrices from written problem statements, they exhibited fewer violations than those who received the same problems already formatted in proportional matrices. The results reported here should contribute to the development of a theory of the way people frame decision problems.     

Missing the wealthy in the HFCS: micro problems with macro implications

Wealth aggregates implied by the Household Finance and Consumption Survey (HFCS) usually yield much lower amounts than macroeconomic statistics reported in the National Accounts. An important source of this gap may be the under-representation of the wealthiest households in the HFCS. This article therefore combines a semi-parametric Pareto model estimated from top survey data and observations from rich lists with a non-parametric stratification approach to quantify the impact of the missing wealthy households on component-specific micro-macro gaps. We find that unadjusted micro data substantially underestimates wealth inequality. The largest effects are documented for equity. For other components, the missing wealthy explain less than ten percentage points of the micro-macro gap. We find that differences in oversampling strategies limit the cross-country comparability of unadjusted survey-implied wealth distributions and that our top tail adjustment leads to measures that are internationally better comparable.

     

Effects of Outcome and Probabilistic Ambiguity on Managerial Choices

Information ambiguity is prevalent in organizations and likely influences management decisions. This study examines, given imprecise probabilities and outcomes, how managers make choices when they are provided with single-figure benchmarks. Seventy-nine MBA students completed two experiments. We found that, in a decision framed as a decision under certainty involving an ambiguous outcome, the majority of the subjects were ambiguity prone in the loss condition and switched to ambiguity aversion in the gain condition. However, in the presence of probabilistic ambiguity in a decision under risk, this expected switching pattern was shown only when the difference in riskiness between the two choice options (in the loss condition) was perceived to be relatively small. In a companion study, we used a written protocol approach to identify factors that affect decision makers' investment choices when faced with ambiguous outcomes. Protocols frequently mentioned that the ambiguous outcome option was risky, even in the case which was framed as a decision under certainty in the problem statement. In a decision under risk with ambiguous outcomes, the combination of probabilistic risk and outcome ambiguity was seen as even more risky.     

The Becker-DeGroot-Marschak mechanism and generalized utility theories: Theoretical predictions and empirical observations

Karni and Safra [8] prove that the Becker-DeGroot-Marschak mechanism reveals a decision maker's true certainty equivalent of a lottery if and only if he satisfies the independence axiom. Segal [17] claims that this mechanism may reveal a violation of the reduction of compound lotteries axiom. This paper empirically tests these two interpretations. Our results show that the second interpretation fits better with the collected data. Moreover, we show by means of some nonexpected utility examples that these results are consistent with a wide range of functionals.     

Insurer ambiguity and market failure

A series of studies investigate the decision processes of actuaries, underwriters, and reinsurers in setting premiums for ambiguous and uncertain risks. Survey data on prices reveal that all three types of these insurance decision makers are risk averse and ambiguity averse. In addition, groups appear to be influenced in their premium-setting decisions by specific reference points such as expected loss and the concern with insolvency. This behavior is consistent with a growing analytical and empirical literature in economics and decision processes that investigates the role that uncertainty plays on managerial choices. Improved risk-assessment procedures and government involvement in providing protection against catastrophic losses may induce insurers to reduce premiums and broaden available coverage.This article is part of a larger effort supported by the National Science Foundation on The Role of Insurance, Compensation, Regulation, and Protective Behavior in Decision Making about Risk and Misfortune. We greatly appreciate the many helpful comments and suggestions by our colleagues on the project: Jon Baron, Colin Camerer, Neil Doherty, Jack Hershey, Eric Johnson, and Paul Kleindorfer. Support from NSF Grant #SES8809299 is gratefully acknowledged.