An experimental evaluation of the descriptive validity of lottery-dependent utility theory

This article compares the performance of the expected utility (EU) and lottery-dependent expected utility (LDEU) models in predicting the actual choices of experimental subjects among risky options. In the process, we present two approaches for calibrating the LDEU model for an individual decision maker. The results indicate that while LDEU exhibits a higher potential for correctly predicting choice, the version of the model calibrated by indifference judgments does not outperform EU. We suggest a functional form for the parametric functions that defines the LDEU model, and discuss ways in which this function can be incorporated into choice-based assessment approaches to improve predictions.This research was supported in part by the Business Associates Fund at the Fuqua School of Business, Duke University.     

Book Review: Welfare Reform,James Madison and Federalism

Public Organization Review -     

PARENTS,PEERS, PERCEIVED PRESSURE,AND ADOLESCENT SELF-CONCEPT: IS A DAUGHTER A DAUGHTER ALL OF HER LIFE?

Data collected in 1981 from 316 high-SES junior and senior high students suggest support for traditional perspectives regarding sex-differentiated self-esteem. While a significant proportion of the variance in self-esteem level is predicted by perceived approval and support from family for both girls and boys in junior high school, high school females and males drawn from the same community differ substantially. Cues of family approval continue to predict a large proportion of the variance in high school girls' self-concept, but are no longer significant for high school boys. Acceptance by friends is an important element for males at all school levels, and accounts for a small but significant proportion of the variance in high school but not junior high school girls' self-esteem scores. Daughters may not "be daughters' all of their lives, but our data suggest that young females still going to school and living at home are much more dependent on family approval and support than are young males in the same situation.     

Australia's Enviro-Economic Dilemma and the World View Of Buddhism

Australia sits uncomfortably in a troubled and changing world economy with new criteria for the direction of flow of material wealth between nations. Ecocatastrophe based fears may be far less powerful forces of value confrontation than potential social conflict from loss of national income and deepening inequality in in the allocation of resources. The world view of Buddhism offers one Utopian means of resolving the current Australian enviro-economic dilemma. The inevitably of radically different economic circumstances, and the rationality and idealism of the social and environmental dimensions of a Buddhist solution, are briefly examined in the Australian context.     

Families and donor insemination: the views of semen donors

One of the consequences of donor insemination for the semen donor is that he becomes a member of two families: his own family in which he has a genetic and social connection with his offspring; and the family of the recipient couple, in which he has a genetic connection to the offspring, but usually no social connection with either the offspring or the recipient couple. This article challenges the dominant view that donor insemination as a practice of mainly medical or legal importance by looking at the attitudes of donors to both their own family and the family to which they have contributed their genetic material. Results are presented concerning who donors have told about their donation, who they think should be told, whether they think recipient couples should tell their donor insemination offspring about their conception, and concerning their opinions about factors that are considered in matching donors with recipient fathers.