Social interaction targets enhance 13-month-old infants' associative learning

Infants are attentive to third-party interactions, but the underlying mechanisms of this preference remain understudied. This study examined whether 13-month-old infants (N = 32) selectively learn cue–target associations guiding them to videos depicting a social interaction scene. In a visual learning task, two geometrical shapes were repeatedly paired with two kinds of target videos: two adults interacting with one another (social interaction) or the same adults acting individually (non-interactive control). Infants performed faster saccadic latencies and more predictive gaze shifts toward the cued target region during social interaction trials. These findings suggest that social interaction targets can serve as primary reinforcers in an associative learning task, supporting the view that infants find it intrinsically valuable to observe others’ interactions.     

AN ANALYSIS OF SHAREHOLDER AGREEMENTS

Shareholder agreements govern the relations among shareholders in privately held firms, such as joint ventures and venture capital‐backed companies. We provide an economic explanation for key clauses in such agreements—namely, put and call options, tag‐along and drag‐along rights, demand and piggy‐back rights, and catch‐up clauses. In a dynamic moral hazard setting, we show that these clauses can ensure that the contract parties make efficient ex ante investments in the firm. They do so by constraining renegotiation. In the absence of the clauses, ex ante investment would be distorted by unconstrained renegotiation aimed at (i) precluding value‐destroying ex post transfers, (ii) inducing value‐increasing ex post investments, or (iii) precluding hold‐out on value‐increasing sales to a trade buyer or the IPO market. (JEL: G34)     

Everyday tragedy and creation: Translated from the French by Karen Isabel Ocaña

In this essay, Michel Maffesoli exalts the poetry of the everyday, and a way of being that, paradoxically, opens one up to life through rituals that smack of a quest for divine nothingness. ‘Everyday Tragedy and Creation’ traces a series of connections: between Benjamin’s particular form of empirical mysticism and the notion of messianic time, the vitalism of Nietzsche (and tangentially his rediscovery of the Greek notion of tragedy and destiny), that of Bergson with his concept of duration, as well as the sociological hermeneutics of Dilthey. In the course of his discussion, Maffesoli invokes Verlaine, Rimbaud, street theatre and Eliot, and proposes a Zen-like approach to everyday happiness. More generally, Maffesoli rejects the temporality of modernism and drama and celebrates instead the ‘non-time’ of the tragedy of living in the present within a medium of communal images and practices.     

The Development of Object Construction From Infancy Through Toddlerhood

Early in development, children explore and combine objects in increasingly complex ways. One manual skill, object construction, represents a major shift in how objects are explored relative to other objects. Despite recent connections with cognitive functioning such as spatial skills, the development of object construction ability has rarely been studied and its trajectory has not been adequately described. The purpose of this study was to describe the development of three types of object construction (stacking, nesting, and affixing) across 5 monthly infant visits and 7 monthly toddler visits using a longitudinal design and a large sample size. Infants (10–14 months, n = 131) and toddlers drawn from the infant sample (18–24 months, n = 65) were given sets of age‐appropriate toys each of which elicited at least one type of constructive play. We described success at different construction tasks and identified trends for construction skill for infant and toddler development using multilevel modeling. We found that each of the three construction actions developed in unique ways across the 10‐ to 24‐month period. Infant construction skill predicted the development of toddler skill, but toddler construction skill diverged from infant trajectories. We discuss the role of combination strategies in the development of object construction skill and how object construction could be related to other domains of development.     

Adolescents,Online Marketing and Privacy: Predicting Adolescents’ Willingness to Disclose Personal Information for Marketing Purposes

The present study aims at exploring which factors predict the willingness of adolescents to disclose personal information in response to online marketing requests. Our analyses show that especially privacy concerns and perceived benefits explain a considerable portion of variance in both willingness to disclose profile data (e.g. age, hobbies, favourite products) and contact data (e.g. phone number, e‐mail address, home address). An interesting interrelationship was found between profile data and contact data disclosure. Contrary to our expectations, parental mediation strategies were only a weak predictor of teenagers’ willingness to disclose contact information. Policy implications that emerge from the central findings of this study are discussed.