Far-sighted equilibria in 2 × 2, non-cooperative,repeated games

Consider a two-person simultaneous-move game in strategic form. Suppose this game is played over and over at discrete points in time. Suppose, furthermore, that communication is not possible, but nevertheless we observe some regularity in the sequence of outcomes. The aim of this paper is to provide an explanation for the question why such regularity might persist for many (i.e., infinite) periods.Each player, when contemplating a deviation, considers a sequential-move game, roughly speaking of the following form: if I change my strategy this period, then in the next my opponent will take his strategy b and afterwards I can switch to my strategy a, but then I am worse off since at that outcome my opponent has no incentive to change anymore, whatever I do. Theoretically, however, there is no end to such reaction chains. In case that deviating by some player gives him less utility in the long run than before deviation, we say that the original regular sequence of outcomes is far-sighted stable for that player. It is a far-sighted equilibrium if it is far-sighted stable for both players.     

The birth of the queen/the modern homosexual: historical explanations revisited

In this paper I review a number of explanations for the emergence of the modern homosexual category in Western (mainly Northwest European) cultures. I suggest there are four different emphases in respect of the social and cultural factors given priority in interpretations of the formation of the homosexual category. Of course, individual studies have often taken into consideration more than one single factor (most notably, Greenberg, 1988; Chauncey, 1994), and the grouping of previous studies that I here suggest only indicates where the focus of a given study is. The social and cultural factors emphasized in these four approaches are: 1) the effects of competitive capitalism on the bourgeois/middle class political economy of sexuality and sexual morals; 2) the rise of expert knowledges, controlling systems, and modern bureaucracies; 3) tensions within gender order and the struggle over new definitions of gender roles; 4) the rise of free wage labour, the proliferation of urban anonymity, and the unfolding of new modes of existence in the life-world of modern pluralist urban society. Finally, the article briefly considers the potential erosion of the homosexual vs. heterosexual divide in the light of the historical background. Almost thirty years have passed since ‘The Homosexual Role’, by Mary McIntosh (1968), the first notable contribution to the historical sociology of homosexuality operating within a social constructionist view of homosexuality. Since then, there have been numerous studies of the formation of the conceptual category and social aggregate of ‘modern homosexual’. Researchers have differed about whether the pedigree of ‘homosexual’ and homosexual identities and subcultures in Western societies can be traced back to the late nineteenth century or to the early eighteenth century, and whether or not some notion of ‘homosexual’ was established in the cultural imagery before the last fifty years or so. It might be fruitful to distinguish between the historically older categories of ‘molly’, ‘queen’, and ‘fairy’ on the one hand, and the more recent ‘homosexual’ on the other hand. It can be argued that the decisive feature of the first-mentioned ‘deviant men’ was their status as gender-crossers (which as a side-effect entailed an interest in homosexual conduct), whereas the modern term homosexual does not necessarily suggest gender-crossing or more generic ‘sexual inversion’(cf. Chauncey, 1994). However, allusions to gay men's purported effeminacy and lesbian women's purported masculinity continue to surface frequently also in contemporary culture. Hence, for the sake of brevity, I here use the term modern homosexual, by which I refer to a notion that there is in some people an inherent sexual desire exclusively for persons of the same sex, and that this so-called sexual orientation is to some degree intertwined with a tendency to gender-crossing conduct. ¹ 1 Historically there has been a mutually re-enforcing dynamics between the forma-tion of the conceptual category and the social aggregate of homosexual(s). Methodological considerations and also certain presumptions about the dynam-ics of culture and society help explain why, until recently, most studies have focused on the trajectory of concepts, identities, and social roles, rather than on the experiential, embodied aspects of the social aggregate of homosexual(s). The idea of sexual inversion predicates that homosexual desire is evidence of a faulty combination of body and soul: there is ‘a female soul in a male body’, or vice versa. On the distinctions between sexual orientation and sexual role see, King, 1984.
     

Mixed contracts for the newsvendor problem with real options and discrete demand

In this paper we consider the newsvendor model with real options under discrete demand. We consider a mixed contract where the retailer can order a combination of q units subject to the conditions in a classical newsvendor contract and Q real options on the same items. We provide a closed form solution to this mixed contract when the demand is discrete and study some of its properties. In particular we demonstrate that a mixed contract may be superior to a real option contract when a manufacturer has a bound on how much variance she is willing to accept.     

The demography of disability and the effects of immigrant history: Older Asians in the United States

Using data from the 2000 U.S. census, we compare the older Asian population with U.S.-born, non-Hispanic whites with respect to three indicators of disability. Insofar as any Asian "advantage" in health vis-a-vis whites exists among the population aged 65 and over, our evidence suggests that it occurs primarily among the U.S.-born segments of this population. We also investigate how differences in disability levels among Asian immigrant groups are influenced by country of birth and by the combined effects of duration of residence in the United States and life cycle stage at entry. These results highlight the diversity of the older Asian population with respect to the ways in which immigration and origin history are linked to disability outcomes. We conclude that in later life, immigrant status confers few disability advantages among the Asian population in the United States.     

Older women's fears of violence: the need for interventions that enable active ageing

Women's fear of violence can impact negatively on their active participation in life. An ageing survey conducted with 2,620 Australian respondents aged 50 to 90 years examined aspects of work, learning, social, spiritual and emotional status, health, vision, home, life events, demographics, and asked an open-ended question about what being actively engaged in life meant. Ordinal regression was carried out on two dependent variables: wanting and needing to learn to discourage violence. Analyses found that as women's age increased, those on lower incomes were more likely than others to say they needed to learn how to discourage violence against them. This paper investigates the variables associated with the findings-transport, finances, news media, home safety, and reduced social interactions. Results highlight the importance of understanding women's fear in the context of personal and social issues, and the need to provide learning opportunities to improve safety and social engagement.     

Comment on “compromised birth outcomes and infant mortality among racial and ethnic groups”

Frisbie, Forbes, and Pullum (1996) show that it is meaningful to account for low birth weight, preterm delivery, and intrauterine growth-retardation when analyzing differences in compromised birth outcomes and infant mortality among racial and ethnic groups. I compare their findings for the 1987 U.S. birth cohort with findings for the 1988 U.S. birth cohort, using linked birth and infant death vital statistics from the National Center for Health Statistics. I focus on their calculation of fetal growth curves, which are highly at odds with the curves commonly used in the obstetric and pediatric literature. I compare birth outcome distributions and infant death probabilities using Frisbie et al. 's method and other standards. I conclude that Frisbie et al. 's method is not suited for the study of intrauterine growth-retardation at the population level because of the major flaws in gestational age measurement that exist in the type of data they use. An appropriate alternative is to apply a standard of normal intrauterine growth derived from antenatal estimation of fetal weight-for-gestational-age to the vital statistics data.     

Understanding the complexity of knowledge integration in collaborative new product development teams: A case study

Knowledge integration is important in collaborative new product development (Co-NPD). The research literature shows that the way actors create a shared understanding about the new to create products is a quality indicator of Co-NPD. This study investigates what factors influence the creation of a shared understanding in Co-NPD. The results show factors at three different levels; the actor, project and company level. Additionally, there exist relationships across the factors. The related factors form four different types of interfaces. The interfaces differ from each other since different types of collaborative mechanisms exist within them.     

Unraveling quantity discounts

We consider the situation in which a buying organization deals with a discrete quantity discount schedule offered by a selling organization. Furthermore, the buying organization can negotiate with the selling organization about the lot size and purchase price, but does not know the underlying function that was used by the selling organization to determine the quantity discount schedule. In this paper, we provide an analytical and empirical basis for one general quantity discount function (QDF) that can be used to describe the underlying function of almost all different quantity discount types. We first develop such a QDF analytically. Among other things, this QDF enables buying organizations to calculate detailed prices for a large number of quantities. We subsequently show that the QDF fits very well with 66 discount schedules found in practice. We discuss that the QDF and related indicators can be a useful tool in supplier selection and negotiation processes. It can also be used for competitive analyses, multiple sourcing decisions, and allocating savings for purchasing groups. Additionally, the QDF can be included in research models incorporating quantity discounts. We conclude the paper with an outlook on further QDF research regarding the characterization of commodity markets from a demand elasticity point of view.