Global QUALITY OF LIFE (QOL), health and ability are primarily determined by our consciousness. Research findings from Denmark 1991–2004

Social Indicators Research - Objective: To explain the global quality of life (QOL) from 2000 indicators representing all aspects of life. Design and setting: Two cross sectional population...     

Challenges to the Emiratisation process: content analysis

After the discovery of oil in 1970s, the United Arab Emirates experienced explosive growth and was able to establish a strong economy in 30 years. Since then, the country has attracted foreign direct investment, and it has maintained its growth strategy by relying on foreign skilled labourers from around the world. Consequently, Emirati nationals were predominantly recruited to and preferred the public sector. Today, as government growth stagnates, the United Arab Emirates’ government is encouraging the private sector to recruit more Emirati nationals. This paper analyzes the current Emiratisation process by looking into the barriers to it via a content analysis of business-focused newspapers published in the country. Unlike previous research, this paper prioritizes the challenges in descending order: skill standards, salary and benefits, and business hours. These challenges have impeded the recruitment of Emirati nationals into the private sector.     

Contesting Claims on Measuring Performance in the Public Sector Using Performance Audits: Evidence from the Literature

Based on desk study, this article adduces theoretical and empirical evidence to analyze the claims of advocates and critics of performance audit (PA). The paper establishes that the application of PA in some developed countries has led to improvement in aspects of public sector performance albeit sometimes short of the often highlighted effects of economy, efficiency and effectiveness. The article further provides evidence to support the claim that despite its touted contribution to performance, PA could rather lead to anti-innovation, nit-picking, expectations gap, lapdog, headline hunting, unnecessary systems and hollow ritual. The paper questions the quality of reported PA systems in the literature and advocates a PA regime that strikes a delicate balance between compliance and performance.     

A Genuine Rank‐Dependent Generalization of the Von Neumann‐Morgenstern Expected Utility Theorem

This paper uses “revealed probability trade‐offs” to provide a natural foundation for probability weighting in the famous von Neumann and Morgenstern axiomatic set‐up for expected utility. In particular, it shows that a rank‐dependent preference functional is obtained in this set‐up when the independence axiom is weakened to stochastic dominance and a probability trade‐off consistency condition. In contrast with the existing axiomatizations of rank‐dependent utility, the resulting axioms allow for complete flexibility regarding the outcome space. Consequently, a parameter‐free test/elicitation of rank‐dependent utility becomes possible. The probability‐oriented approach of this paper also provides theoretical foundations for probabilistic attitudes towards risk. It is shown that the preference conditions that characterize the shape of the probability weighting function can be derived from simple probability trade‐off conditions.     

The Integration of Tradition and Modernity: A Search for an Urban and Architectural Identity in Arriyadh, The Capital of Saudi Arabia

About 40 years ago, traditional villages, towns and cities of the Arabian Peninsula started to lose their regional characteristics and embody modern forms and shapes. Since then, these characteristics have been subject to dilution due to social and cultural changes as well as institutionalized changes imposed by planning and architectural practices. This process creates debates and clashes between tradition and modernity. Projects carried out since 1975 are the least representative of the regional characteristics but do attempt to have urban and architectural identity. This paper argues that all the actors in “design formulation” (clients, architects, urban designers and planners) are trying to use historic elements in the creation of architectural identities. In fact they are making efforts to create urban and architectural identity to substitute regional characters. These attitudes flourished as a result of dynamic cultural, economic, political and ritualistic influences. This paper highlights the importance of urban and architectural identity in architectural and urban projects in Arriyadh, the capital city of Saudi Arabia because such projects create precedents for other Saudi villages, towns and cities. The study identifies the forces behind the initiation, transformation and evolution of the urban and architectural identity and attempts to supplement scholarship in the fields of architecture, urban design, and planning with regard to the role of identity as a tool for improving the spatial quality of the built environment. Architectural identity participates in setting up meaningful schemata which influences human behavior as a cultural process. The paper supports the concern for search for historic symbols which may influence the architectural identity and the quality of perceived environment during the design process of new or transformed physical environments. The paper views the traditional part of the city as an amalgamation of history and economic interests and its symbolic importance seems to be a perfect place for the emergence of different forms of engagement between tradition and modernity. The importance of the traditional part is unique while the importance of continuity of tradition is very likely complementary.     

The Impact of Government Interference to Religion on Religious Giving: Evidence from European Countries

VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations - While the impact of government interference to the religious domain has long been discussed in previous literature,...     

Internalizing and externalizing problems and parenting: Results from a Saudi Arabian sample

Relatively few studies have attempted to identify factors that contribute to variation in parental behavior. The literature has revealed associations between both internal and external factors in the variation in parenting behaviors. In addition, the vast majority of the existing literature has focused almost exclusively on Western cultures (e.g., the USA). The current study addresses these limitations by examining direct and indirect pathways involving both internal and external sources of influence on parenting behaviors in a sample of adults from Saudi Arabia (N = 196). The employed statistical models revealed robust and consistent direct associations between the examined internalizing sources of influence (self-control and psychopathy) and parenting behaviors. Subsequent models revealed some evidence of mediation stemming from external sources of influence (namely, aggression). However, the resulting indirect effects were inconsistent, indicating that other, unmeasured mechanisms ultimately connect the examined internalizing problems and parenting behaviors.     

Do financial professionals behave according to prospect theory? An experimental study

Prospect theory is increasingly used to explain deviations from the traditional paradigm of rational agents. Empirical support for prospect theory comes mainly from laboratory experiments using student samples. It is obviously important to know whether and to what extent this support generalizes to more naturally occurring circumstances. This article explores this question and measures prospect theory for a sample of private bankers and fund managers. We obtained clear support for prospect theory. Our financial professionals behaved according to prospect theory and violated expected utility maximization. They were risk averse for gains and risk seeking for losses and their utility was concave for gains and (slightly) convex for losses. They were also averse to losses, but less so than commonly observed in laboratory studies and assumed in behavioral finance. A substantial minority focused on gains and largely ignored losses, behavior reminiscent of what caused the current financial crisis.