EXPERIMENTAL INVESTIGATION OF PRIORITY SCHEDULING IN A BANK CHECK PROCESSING OPERATION

This paper reports on a simulation study which was undertaken to determine if float could be significantly reduced by altering a bank's check-processing priority assignments. Float, the dollar value of check payments not yet collected from parent banks, represents a significant opportunity cost in terms of lost interest income to receiving banks. The study consisted of a comparison of a major city bank's present checksorting decision rules based on minimization of check handling, versus a proposed sorting scheme based on dollar magnitudes of checks. The reults of the research indicated that float could be substantially reduced and interest income increased by employing the proposed priority of scheduting rules.     

Samiul Hasan (ed.): Human Security and Philanthropy: Islamic Perspectives and Muslim Majority Country Practices

VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations -     

Reports of Wins and Risk Taking: An Investigation of the Mediating Effect of the Illusion of Control

Two experiments examined the relationships between the knowledge that another person has won in a gamble, the illusion of control and risk taking. Participants played a computer-simulated French roulette game individually. Before playing, some participants learnt that another person won a large amount of money. Results from a first experiment (n = 24) validated a causal model where the knowledge of another person’s win increased the illusion of control, measured with betting times, expectancy and self-reports on scales, which in turn encourages risk taking. In the second experiment (n = 36), some participants were told the previous player acknowledged the win to be fortuitous. The suppression of the belief that the previous winner had himself exerted control over the outcome resulted in lower rates of risk-taking behaviors. This suggests that it was not the knowledge of another person’s win in itself that increased risk taking, but rather, the belief that the other person had some control over the gamble’s outcome. Theoretical implications for the study of social mechanisms involved in gambling behavior are discussed.     

Double-crested cormorants and urban wilderness: conflicts and management

In this paper we examine the management of human-double-crested cormorant conflicts in urban nature areas using the Leslie Street Spit in Toronto, Ontario as our focal study area. We examine the management perspectives of various stakeholders and how they shift over time in response to site ecology and stakeholder input. We categorize management perspectives on a spectrum from complete human domination to near absence of human intention. Two broad management categories emerge from this framework: interventionist and laissez-faire. Interventionists recognized need for management of cormorants, laissez-faire argued for no management of a cormorant colony that has deforested 24% of the site through their nesting activities. We conclude that for urban nature areas, particularly those with a unique, rare, or contentious ecology, a hands-off, laissez-faire management approach is not conducive to improving human-nature relations. Rather, for urban nature sites nature management must promote a respectable balance between human and non-human life, for the long-term benefit of both.     

Marx,labour and emancipation in South African sociology: a preliminary rethinking

In a university and disciplinary environment where knowledge is increasingly commodified, this paper sketches a reconstruction of the mature Marx’s analysis of capitalism. I argue that his understanding remains methodologically powerful and helps to ground sociological analyses of the present. While accepting that there are good grounds for questioning the relevance of Marx in the wake of the South African political transition and the Post‐Fordist transformation of labour, this interpretation departs significantly from how Marx has generally been interpreted by sociologists and other social scientists in the country by foregrounding the commodity as the starting point of his social critique. Indeed, I argue that ‘class’ and ‘workplaces’, long a focus of radical sociologists, are on their own inadequate to grasp Marx’s concept of capitalism. Finally, drawing on the Frankfurt School, I suggest the importance of a critique of labour and the recognition of contradiction as the starting point of an emancipatory project.     

Review article

This paper attempts to discuss the Chinese cultural implications of the recently proposed document: ‘Global Qualifying Standards for Social Work Education’ by the IASSW and IFSW. It seems that this document still embraces an ideology of western social work imperialism in perceiving the development of social work in other countries. With reference to Chinese culture and social work education in Hong Kong and in mainland China, the writer advocates that responsibility and rights, stability and changes, social norms and equality, as well as empowerment and relation, should be fully articulated in the definition, ethical principles, and core purpose of social work practice as well as in the mission and curriculum in social work education within Chinese communities.     

Voluntary Pension Saving for Old Age: Are the Objectives of Self‐responsibility and Security Compatible?

Fiscal pressure and demographic change lead governments to seek ways of reducing state expenditure on pensions. Individuals are asked to take more responsibility, and funded, supplementary pension schemes have been established in many countries. This article looks at schemes that are voluntary – the NEST or Personal Accounts scheme in Britain and the Riester Pension scheme in Germany. It examines the debate about whether it is worthwhile for some people to participate in pension schemes that are not mandatory – particularly those with low incomes and/or potentially broken careers. The small pensions they accumulate in such schemes merely offset entitlements to means‐tested pension benefits, leaving them no better off in old age. Concerns about the behavioural consequences of pension means‐testing are not new. Nonetheless, few policymakers have been willing to look at when and how such concerns were expressed in the context of voluntary pension savings. Equally, they have seldom been prepared to explain the costs involved in guaranteeing savings‐based pensions or the implications that the lack of offering such a guarantee might have for individual behaviour. The state has sought for people to take greater ‘self‐responsibility’ for their retirement income, but many people wish for some certainty with respect to the pensions they can expect. These goals might well be in conflict. Whether the ‘state pension for the 21st century’, as proposed by the UK government, will succeed in satisfying the objectives both of the state and of pension savers remains an open question.     

Using a model of group psychotherapy to support social research on sensitive topics

This article describes the exploratory use of professional therapeutic support by social researchers working on a sensitive topic. Talking to recently bereaved parents about the financial implications of their child’s death was expected to be demanding work, and the research design included access to an independent psychotherapeutic service. Using this kind of professional support is rare within the general social research community, and it is useful to reflect on the process. There are likely to be implications for collection and interpretation of data, research output and the role and experience of the therapist. Here, the primary focus is the potential impact on researcher well‐being.     

Social choice theory and the “Centre de Mathématique Sociale”: some historical notes

In this paper we describe some research directions in social choice and aggregation theory taken at the “Centre de Mathématique Sociale” since the fifties. We begin by presenting some institutional aspects concerning this center. Then we sketch a thematic history by considering the following questions about the “effet Condorcet” (“voting paradox”): What is it? How is it overcome? Why does it occur? These questions were adressed in Guilbaud's paper (Guilbaud GTh (1952) Les théories de l'intérêt général et le problème logique de l'agrégation, (Theories of the general interest and the logical problem of aggregation) which will mark the beginning of our inquiry. The conclusion outlines some more recent research developments linked to these questions.