Cost‐Benefit Analysis for Optimization of Risk Protection Under Budget Constraints

Cost‐benefit analysis (CBA) is commonly applied as a tool for deciding on risk protection. With CBA, one can identify risk mitigation strategies that lead to an optimal tradeoff between the costs of the mitigation measures and the achieved risk reduction. In practical applications of CBA, the strategies are typically evaluated through efficiency indicators such as the benefit‐cost ratio (BCR) and the marginal cost (MC) criterion. In many of these applications, the BCR is not consistently defined, which, as we demonstrate in this article, can lead to the identification of suboptimal solutions. This is of particular relevance when the overall budget for risk reduction measures is limited and an optimal allocation of resources among different subsystems is necessary. We show that this problem can be formulated as a hierarchical decision problem, where the general rules and decisions on the available budget are made at a central level (e.g., central government agency, top management), whereas the decisions on the specific measures are made at the subsystem level (e.g., local communities, company division). It is shown that the MC criterion provides optimal solutions in such hierarchical optimization. Since most practical applications only include a discrete set of possible risk protection measures, the MC criterion is extended to this situation. The findings are illustrated through a hypothetical numerical example. This study was prepared as part of our work on the optimal management of natural hazard risks, but its conclusions also apply to other fields of risk management.     

Traffic‐Based Labor Planning in Retail Stores

Staffing decisions are crucial for retailers since staffing levels affect store performance and labor‐related expenses constitute one of the largest components of retailers’ operating costs. With the goal of improving staffing decisions and store performance, we develop a labor‐planning framework using proprietary data from an apparel retail chain. First, we propose a sales response function based on labor adequacy (the labor to traffic ratio) that exhibits variable elasticity of substitution between traffic and labor. When compared to a frequently used function with constant elasticity of substitution, our proposed function exploits information content from data more effectively and better predicts sales under extreme labor/traffic conditions. We use the validated sales response function to develop a data‐driven staffing heuristic that incorporates the prediction loss function and uses past traffic to predict optimal labor. In counterfactual experimentation, we show that profits achieved by our heuristic are within 0.5% of the optimal (attainable if perfect traffic information was available) under stable traffic conditions, and within 2.5% of the optimal under extreme traffic variability. We conclude by discussing implications of our findings for researchers and practitioners.     

The Impact of Overeducation on Wages of Recent Economic Sciences Graduates

Social Indicators Research - United Nations Development Program presented the Human Development Index for ranking the countries with regard to three dimensions, namely being knowledgeable, a long...     

The Discursive Performance of the Alliance in Family Therapy: A Conversation Analytic Perspective

Following the ‘discursive’ turn in family therapy, the attention of practitioners shifted towards understanding how culture and language shape meaning‐making in therapy. In this article, we demonstrate how conversation analysis (CA) can be used to examine the processes and outcomes of systemic/constructionist practice. We used CA to study collaborative interactions of a renowned constructionist therapist Karl Tomm and one client‐family. Viewing collaboration as a pivotal aspect of the therapeutic alliance, we demonstrate how the ‘split’ within‐system alliances were developed and sustained in the course of therapy and how they were discursively transformed into ‘intact’ alliances. The therapist's efforts to align with perspectives of family members (and subsystems) seemed pivotal in this process.     

Do social workers avoid the dilemmas of work with clients?

This article is devoted to Lipsky's suggestion that the purpose of street-level policies is to establish and justify patterns of behaviour that enable street-level bureaucrats to avoid the dilemmas provoked by uncertain working conditions. Based on a review of relevant literature as well as on case studies in the culture of social work service organisations by the authors, the article suggests that two kinds of street-level policies are described by the research. The first one is consistent with the aforementioned idea by Lipsky and follows the wish of social service workers to avoid the dilemmas of their work with clients without trying to change those uncertain conditions that provoke these dilemmas. The actors of the second kind of street-level policy try to negotiate with relevant partners and to change uncertain working conditions that are at the roots of their dilemmas. Both kinds of street-level policy are described by means of empirical examples and their substantive features are summarised.     

Longitudinal test of a multiple domain model of adolescent condom use

A comprehensive multiple domain model (MDM) to understand condom use in adolescents was proposed and tested using structural equation modeling of data at three time points. The proposed model integrates social psychological theory, demographic and personality factors, social environment, and situational/contextual variables. Adolescents who were sexually active at time 2 (6 months after baseline) and time 3 (1 year after time 2) and completed surveys at all three time points were included in the analyses (N = 511). An iterative process of model testing resulted in a structural equation model that provided a good fit to the data (CFI = .92, RMSEA = .04). Models comparing gender and race as moderators also were calculated and supported the generalizability of the model. Results provide support for an MDM that goes beyond traditional social psychological models for a broader understanding of condom use in adolescents. Implications for further theory testing and safer sexual interventions are discussed.     

Attitudes Toward Divorce and Their Relationship With Psychosocial Factors Among Social Work Students

This study aimed to explore attitudes toward divorce and their relationship with general satisfaction with life, spiritual beliefs, parental bonding, and depressive symptomatology among a sample of 210 social work students from two different universities in Florida. Results indicated that the majority of students had favorable attitudes toward divorce overall, perceiving divorce as a solution to unhappy marriage. Participants also reported strong feelings regarding marital obligation and the effect of divorce on children and society. Attitudes toward divorce were associated with spiritual beliefs and parental bonding.     

Abused Latina Women's Perceptions of Their Postdivorce Adjustment

This qualitative study explores the postdivorce adjustment of battered Latina immigrants. Three focus groups were conducted. Data were analyzed utilizing a grounded theory approach. Five conceptual themes were unearthed including: (a) intimate partner violence (IPV) as the precipitator for divorce; (b) motivations for leaving; (c) the impact of the Latino culture on marriage, separation, and postdivorce; (d) immigration and other legal and social issues; and (e) postdivorce/post-IPV experiences. Implications for practice are drawn.     

OWING THE SEED: THE DISCURSIVE ECONOMY OF SEX MIGRATION AMONG TURKISH-SPEAKING MINORITY URBANITES IN THE POSTSOCIALIST BALKAN PERIPHERY

This article explores postsocialist change in a non-postsocialist context. It is concerned with discourses on sex and cultural change as articulated by members of the Turkish minority group living in the northern Greek town of Komotini, in an area of northern Greece where, after the collapse of the Soviet Union, immigration from eastern Europe has risen noticeably. The impact of this migration is explored with reference to çapk?nl?k and k?l?b?kl?k, two concepts guiding notions of masculine failure. By analyzing the relations of these to other concepts used to articulate social change (e.g., ‘tradition’ and ‘modernity’), the article exemplifies how the effects of political change on the global level can be subsumed under localized power structures. The article argues that the inconsistencies between informants' physical encounters with eastern European immigrants and their discourses on ‘Russian women’ show that it is their marginal location within local Greek society that is central to their identity conceptualizations. This, in turn, leads to the argument that such discourses can shed considerable light on our understanding of internal and external relations with reference to particular politicized groups, primarily because they offer an understanding of power relations, that foregrounds not one domain of difference over another, but the interplay of gender, ethnic, and economic differentiations.