Demographic determinants of perceived well-being in eight European countries

This paper reports results of a harmonised study of subjective social indicators carried out in eight member countries of the European Community, sponsored, on an experimental basis, by the Statistical Office of the European Communities (Luxembourg). Comparative data from nationwide representative samples from Germany, France, Italy, the Netherlands, Belgium, the United Kingdom, Ireland and Denmark are presented for three key dependent measures of perceived well-being: Self-Assessed Health, Satisfaction with Housing and Life Satisfaction. The cross-cultural generalisability of the influence of demographic variables on these three measures in examined, using 4-way analysis of variance. The analyses revealed a remarkable consistency across nations in terms of the effects of certain demographic variables on some of the dependent measures; however, some inconsistencies were also revealed. Substantial discrepancies in mean scores of the same sub-groups in different countries were also observed. While further research would be required to determine whether these differences were due to objective circumstances or to cultural differences in subjective perceptions or response patterns, some tentative interpretations of the differences were put forth.     

Fertility differences between the family of orientation and the family or procreation in Barbados

Data from an island-wide probability sample of 4119 Barbadian females aged 16-50 were used to study whether there has been an intergenerational fertility decline between the respondents and their mothers. The fertility of the respondents, all from the low or lower middle class, was significantly lower than that of their mothers. However, the size of the family of procreation was seen to be positively related to the size of the family of orientation; i.e., those from large families tended to have large families and vice versa. There was, however, a regression to the mean. There were no differences between women from small and large families as to fertility norms, age at 1st use of contraceptives, or actual practice of contraception. Women from small families did tend to enter sexual relationships and get pregnant at a later age. The women from small families were better educated, earned higher incomes, and had higher status occupations, all factors which might have influenced their fertility. Women from larger families cited higher numbers for both small and large families than did the women from small families. This indicates a perceptual difference which was, in turn, related to fertility differences.     

ANALYZING GEOGRAPHICALLY DISCRETE WAREHOUSING NETWORKS BY COMPUTER SIMULATION*

This paper describes a comprehensive simulation modeling approach to the problem of locating warehousing facilities in a fashion that minimizes the cost associated with operating a multi-product, multi-source, multi-destination distribution system. The digital simulation model presented in the study is derived within an “industrial dynamics” framework, utilizes input from an existing management information system, and employs a number of relatively simple heuristic procedures to analyze various alternative warehousing networks. Simulation results, in terms of the distribution costs associated with various warehouse locations, are presented for cases involving the effect of provision of a 100% service level, the effect of constraining product availability and/or inventory capacities at various warehouses, and the effect of deleting various warehouses from the existing warehouse network.     

THE DEVELOPMENT OF AN INTEGRATIVE CURRICULUM IN AN UNDERGRADUATE BUSINESS PROGRAM*

This paper describes how the core portion of the undergraduate business program at Indiana University was revised to facilitate integration of basic functionally oriented decision making skills and thus help students gain a deeper understanding of the interdependence of business decisions. It relates, in essence, why and how a single computer-oriented case study which demanded a solution to a large-scale, unified finance-marketing-production problem was used at Indiana University, mentions how we plan to accomplish further integration of functional material, and provides some insight into student reaction to what was, in fact, a massive project from both student and administrative points of view.     

A STRATEGY FOR INTEGRATING QUANTITATIVE TECHNIQUES INTO THE BUSINESS CURRICULUM*

Quantitative methods courses play an increasingly significant role in the programs of Schools of Business. However, maximum utilization of the concepts can occur only when these quantitative techniques have been integrated into the various functional areas via a faculty knowledgeable with such techniques and their applications. Lacking sufficient stimuli, this integrative process is observed to be one of an evolutionary nature. This article presents a strategy for stimulation of this process.     

RESIDENTIAL MORTGAGE RISK CHARACTERISTICS*

This paper applies discriminant analysis to a relatively large sample of residential mortgages-some of which have defaulted or have been foreclosed and others of which have remained untroubled at least until the date of the last observation-in an attempt to derive a function which would allow mortgage lenders to increase their accuracy of predicting mortgage difficulty. From the data available for testing, no improvement in predictability is obtained, because it is thought that the data may already have been badly biased by the screening process of the loan officers which had already taken place and by the post-loan origination nature of the important variables in mortgage difficulty. The latter is confirmed by discriminant models of post-origination variables which are successful. It is concluded that changes in home value, changes in mortgagor income, mortgage assumption, and regional economic considerations are the major explanations of mortgage difficulty.