A lofistic rlgression analysis of response-time data where the hazard function is time dependent

A logistic-exponential model for analyzing response-time data involving regressor variables is modified to allow for non-consrarey of the hazard function. For the discrete observation case illustrated the logit of the probability of responding in a time interval cf arbitrary length is taken as the sum of a function of resressor variables and a function of the time variable. The particular functions chosen in the two medical examples analyzed are linear in the parameters involved. A polynomial function of time is employed in the absence of knowledge as to a more appropriate form. Various issues arising in the analysis made are discussed.     

ASYMMETRIC INFORMATION AND THE EXCESS VOLATILITY OF STOCK PRICES

Evidence suggests the volatility of stock prices cannot be accounted for by information about future dividends. We argue that some of the volatility of stock prices in excess of fundamentals results from fluctuations in the amount of public information over time. Our model assumes that dividends and consumption are constant in the aggregate but that there are good firms and bad firms whose identity may be unknown to the public, as in Akerlof's "lemons" problem. In that case, the collective valuation of the constant dividend stream depends on the degree of informational asymmetry.     

Toward a model of changing disability identities: a proposed typology and research agenda

In light of recent developments in the field of disability studies, this article is an attempt to update a typology of orientations to disability developed over 20 years ago. The proposed revised typology represents a synthesis of two theoretical strands in sociology: opportunity structure theory and identity theory. The author provides examples from the literature, by and about people with disabilities, to illustrate each proposed type of disability identity. These types include normalisation, crusadership, affirmation, situational identification, resignation, apathy and isolated affirmation. The article suggests that individuals with disabilities may move along a 'career path' from one type to another over time, as they encounter new opportunities and interaction situations. The author proposes a research agenda to refine and establish the validity of the typology, and to determine its applicability to diverse populations of disabled people in the world today.     

The Dodo Manifesto

In this article I review the psychotherapy outcomes literature as it pertains to the Dodo hypothesis. This is the proposition that the effects of psychotherapy are due to common factors rather than specific techniques. A variety of sources provide substantial empirical support for the Dodo hypothesis. I conclude that CBT and medication do not appear to be any better than other methodologies for the treatment of psychological distress. I look at some of the criticisms of the Dodo hypothesis. I suggest that the major themes that emerge from the literature as it stands are conclusions that would be immediately obvious to most clinicians. Further, the utility of specific techniques has not been ruled out, due to some serious conceptual flaws in efficacy trials. I suggest that there are a number of ways for family therapists to survive in an evidence‐based world. One is to point out to champions of evidence‐based practice just how flimsy their claims are. Another would be to advocate for pluralism and to practise and conduct research under the aegis of a contextual philosophy.     

Single Parent Adoptions: A Review

Single parent adoption is a new phenomenon in North America. Social workers will have to deal with this adoption issue at an increasing rate. This paper reviews the findings of existing studies relating to one-parent adoptions.     

WHY HOLD-UPS OCCUR: THE SELF-ENFORCING RANGE OF CONTRACTUAL RELATIONSHIPS

Court enforcement and private enforcement are not alternative contract enforcement mechanisms, but are used jointly by transactors to define the self-enforcing range of a contractual relationship. Within this framework contract terms economize on the limited amounts of private enforcement capital possessed by transactors, either by directly controlling transactor behavior or by shifting private enforcement capital between transactors to coincide with likely future market conditions. Hold-ups occur when market conditions change sufficiently to place the relationship outside the self-enforcing range. This probabilistic view of hold-ups is contrasted with opportunism more generally and with moral hazard behavior.     

Scrambled randomized response methods for obtaining sensitive quantitative data

We study a multiplicative randomized response method for obtaining responses to sensitive questions when the answers are quantitative. The method involves the respondent multiplying his sensitive answer by a random number from a known distribution, and giving the product to the interviewer, who does not know the value of the random number and thus receives a scrambled response. Some particular distributions for the random scrambling number are proposed and studied, and ways of generating the scrambling numbers are discussed. Some modifications for increasing the efficiency of the method are proposed, and numerical results are given that show the scrambled response method is generally superior to the previously used method of randomizing questions.