The Texaco racial discrimination case and shareholder wealth

We analyze the wealth ejfects of the Texaco racial discrimination lawsuit both on the shareholders of Texaco and its major U.S. competitors. Employing a comprehensive data set which included every case docket entry and every Wall Street Journal article on the case as an experimental stimulus, our findings suggest that the overall cost of the case to Texaco shareholders exceeded $500 million, that Texaco's tribulations had little, if any, impact on the share prices of its major competitors, and that Wall Street Journal coverage of the case was highly correlated with significant changes in Texaco stock prices. This last finding provides significant support for Hite 's suppostion that newspaper editors “key ” on ex post stock price changes in selecting the events to be covered in the next day's edition. The authors are grateful to Kee Chung for helpful comments on earlier drafts and also acknowlege the help-ful assistance of the staff of the law library at the Cecil C. Humphreys School of Law at The University of Memphis.     

Struggling With Two Identities: The Case of Eileen

In this article, the authors present a case example of a Chinese American lesbian woman who seeks counseling for career decision making. The client's career issues stem from cultural issues that have created a dichotomy in her life. Using an ecological model, the authors dissect the case, propose interventions, and identify potential problems that may arise.     

Toward the development of an adolescent gambling problem severity scale

The development and initial psychometric properties of an adolescent gambling problem severity measure are described. The scale, based on a revision of the South Oaks Gambling Screen (Lesieur & Blume, 1987), was administered to 1,101 older (ages 15 to 18) Minnesota adolescents as part of a state-wide gambling survey. Study results indicated that the scale had moderate internal consistency reliability and was significantly related to alternate measures of problem severity for male subjects. Because the rate and severity of gambling among females was very low, the psychometric adequacy of the scale for females is not known at this time. The implications of study findings to the conceptual understanding of adolescent gambling problem severity as well as study limitations and future research needs, are discussed.Support for the study was provided by the Minnesota Department of Human Services and the Center for Addiction Studies, University of Minnesota, Duluth. The authors gratefully acknowledge the assistance from Robert Blum, Linda Harris, Durand Jacobs, J. Laundergan, Alan Mathiason, Brenda Miller, James Schaefer, school officials from the participating high schools, and interviewers who assisted with the telephone survey.     

Jobs,Gender, and Foetal Protection Policies: From Muller v. Oregon to Johnson Controls

The issue of work place hazards that may threaten the health of an unborn child has long been problematic for women, business decision-makers, and lawmakers. The desire to protect the developing foetus must be balanced against a woman's legal right to get and keep the job of her choice. The issue has never been easy to resolve, as this historical analysis shows. An overview of the potential effects of work place hazards on reproductive health is presented. Relevant fair employment laws are summarized, and a brief history of court cases and employer practices is provided. It is argued that ultimately, foetal protection policies had little or nothing to do with protection of foetuses. They may have had more to do with protecting the employer from potential liability and with perceptions of women's status in the work place than with protecting the next generation. Finally, suggestions for future research are presented.     

Sources of drug information among adolescent students

A sample of 1023 eighth and tenth grade students in small to medium-sized central Texas school districts was assessed to determine the amount of information they receive from ten sources about six categories of drugs. The amount of information males reported receiving about each drug category was significantly greater than what females reported, and the amount of information that eighth graders reported receiving about each drug category was significantly greater than what tenth graders reported. Television was the primary source of drug information for all categories of drugs except inhalants, for which friends and television were equally important sources. Parents and printed media (magazines or newspapers) were of secondary importance, followed by friends and teachers. Adolescents were less likely to receive drug-related information from experience, siblings, church, doctors, and police. The reliance on the mass media for drug information in smaller school districts is a pattern which has been previously observed in larger urban districts. This consistency suggests that mass media approaches to drug education are likely to be as effective in rural areas and smaller towns as they are among urban adolescents. Implications for television programming are discussed.     

A discordant consolidation of the self in a late adolescent male

A distinction is made between the cohesive self and the nuclear self. The latter represents a consolidation of the self that occurs in late adolescence and that results from the integration of life goals and ambitions into a coherent narrative. This paper presents a case in which a pseudo-consolidation appears to have occurred in an adolescent with an undiagnosed learning disability.Ms. Silbar is in private practice.     

An Experimental Evaluation of the Serial Cost Sharing Rule

This paper proposes an experimental test to evaluate the performance of the serial cost sharing rule, originally proposed by Shenker [Sigmetrics, 241–242 (1990)] and then analyzed by Moulin and Shenker [Econometrica 60, 1009–1037 (1992)]. We report measures of the performance and efficiency of the serial mechanism by comparing the choices and payoffs attained by the subjects to the expected equilibrium allocations. Experimental evidence shows that learning is needed for the subjects to converge to the equilibrium strategy. However, in terms of efficiency, the serial mechanism leads to almost efficient allocations.