Italian Adult Gambling Behavior: At Risk and Problem Gambler Profiles

The present study examined adult gambling behaviours from a local perspective in order to assess the adult at risk and problem gambler’s profile stratified by genre and by different forms of game. 4773 Italian adults from 18 to 94 years old were administered a survey to assess socio-cultural information related to gambling behaviour and the SOGS to evaluate gambling behaviour severity. Logistic regression evidenced that both at risk and problem gamblers are associated with male gender, players that use to play to more than one game, gambling with strategy-based games. People with a gambler father or both parents who used to gamble were significantly more associated with problem gambling behaviour than participants with non-gambler parents. These results present adult profiles of at risk and problem providing a more clear understanding about the relationships between gambling behavior severity and type of gambling.     

Objectified conformity: working self-objectification increases conforming behavior*

The present work explores whether self-objectification triggered by doing peculiar work activities would increase people’s conforming behavior. We conducted an experimental study in which participants (N = 140) were asked to perform a high objectifying activity (vs. low objectifying activity vs. baseline condition) simulating a real computer job. Afterwards, their levels of self-objectification and conforming behavior were assessed. Results revealed that participants who performed the high objectifying activity self-objectified (i.e., perceived themselves as lacking human mental states) more than the other conditions and, in turn, conformed more to the judgments of unknown similar others. Crucially, increased self-objectification mediated the effects of the high objectifying activity on enhancing conforming behavior. Theoretical and applied implications of these findings are discussed.     

FINANCIAL MARKETS' SHUTDOWN AND REACCESS

We employ a discrete‐time parametric duration model on a group of 121 countries over the period 1970–2011 and find that the probability of the end of financial markets' shutdown and reaccess falls as these events become longer. We also show that: (1) shutdown episodes are longer when economic prospects are poor and the degree of financial openness falls, the chief executive has been in office for long periods, and the country has a default history and (2) spells of reaccess tend to be longer when economic growth improves and financial openness increases, there are neither government crises nor government instability, and the country did not default in the past. (JEL C41, G15)     

试论新疆游牧民族社会化的时代局限性

游牧社会所特有的游牧文化,使新疆传统游牧民族个体的社会化也具有独特性,其传统社会化过程深深打上了游牧文化的烙印。在现代化进程中,新疆传统游牧民族成员社会化具有明显的时代局限性,主要表现为:政治社会化的发育程度与现代社会的民主要求之间的冲突;知识资源相对不足制约了游牧社会成员竞争能力的提升;性别歧视观念抑制着游牧社会女性成员平等参与社会生活的权利。     

SOCIAL LEARNING THEORY AND ALCOHOL BEHAVIOR AMONG THE ELDERLY

Research directly testing Akers's social learning theory has been thus far confined to teenage drug, drinking, and smoking behavior. This study extends the application of social learning theory to older adults' alcohol behavior. Data were gathered through face-to-face interviews of 1,410 people sixty years of age or over living in New Jersey and Florida in either retirement (age homogeneous) or age-integrated communities. A social learning model of differential association, differential reinforcement, and definitions is supported by findings on elderly drinking behavior. As is true for younger age groups, drinking among the elderly is related to the norms and behavior of one's primary groups, one's own attitudes toward (definitions of) alcohol, and the balance of reinforcement for drinking.     

Central Bank Autonomy without Monetary Policy

The autonomy of a country’s central bank from political authorities has been advocated both as a remedy against the inflationary bias that would otherwise be present in the conduct of the government’s monetary policy and, more recently, on the basis of empirical evidence. However, both theoretical arguments and empirical findings have associated central bank autonomy with the conduct of monetary policy, while often failing to pay attention to those institutional cases where a central bank is in place but is not responsible for the conduct of monetary policy. These cases are particularly relevant for those countries which do not possess their own currency, or where extreme monetary regimes such as dollarization, currency boards, or monetary unions are present. These institutional settings, where a central bank exists, but there is no monetary policy to be conducted, raise the issue of central bank autonomy in a framework where the inflation bias is no longer pertinent. In other words: Is central bank autonomy still a relevant objective when a country does not run its own monetary policy? The present paper addresses this question, discusses dimensions of autonomy and accountability and maintains that central bank autonomy still does matter, particularly if the central bank is responsible for bank supervision and financial regulation.     

Replication as a Verification Technique in Survey Research: A Paradigm

Replication is one of several methodological techniques that contributes to the verification of survey research data. A critique of the literature on replication reveals that limited systematic attention has been given to its various functions in the process of verification. A replication paradigm is formulated to clarify terminology and functions. The paradigm consists of four major replication types: retest, internal, independent, and theoretical. These are analyzed and illustrated by published replication studies. An argument is offered in favor of the increased use of replication in survey research.     

Uncertainty and Risk in Financial Markets

This paper considers a general equilibrium model in which the distinction between uncertainty and risk is formalized by assuming agents have incomplete preferences over state‐contingent consumption bundles, as in Bewley (1986). Without completeness, individual decision making depends on a set of probability distributions over the state space. A bundle is preferred to another if and only if it has larger expected utility for all probabilities in this set. When preferences are complete this set is a singleton, and the model reduces to standard expected utility. In this setting, we characterize Pareto optima and equilibria, and show that the presence of uncertainty generates robust indeterminacies in equilibrium prices and allocations for any specification of initial endowments. We derive comparative statics results linking the degree of uncertainty with changes in equilibria. Despite the presence of robust indeterminacies, we show that equilibrium prices and allocations vary continuously with underlying fundamentals. Equilibria in a standard risk economy are thus robust to adding small degrees of uncertainty. Finally, we give conditions under which some assets are not traded due to uncertainty aversion.