Behavioral Channels in the Cross‐Market Diffusion of Major Terrorism Shocks

The diffusion mechanism of terrorist shocks to third countries’ stock market responses is explored by employing a Heckit model. Stock market response is broken down to (i) the direction of reaction and (ii) conditional on negative reaction, its magnitude. The analysis puts forward two behavioral factors (memory‐based utility/availability heuristic, social amplification of risk), proxied by past terrorism record and terrorism risk concern as the shocks’ diffusion channels. The findings are that the likelihood and the size of negative stock market reaction increase with terrorism record and risk concern. Additionally, weak evidence is uncovered for a mitigation of risk concern's impact by favorable macroeconomic stance. Furthermore, the impact of behavioral factors, especially over the magnitude of reaction, is robust when controlling for economic linkages. The latter are also significant predictors of the direction of stock market reaction, but not of its magnitude.     

Empathy,sympathy, and tax compliance

This paper examines the effect of “empathy” and “sympathy” on tax compliance. We run a series of laboratory experiments in which we observe the subjects’ decisions in a series of one-shot Tax Compliance Games presented at once and with no immediate feedback. Importantly, we employ methods to identify subjects’ sympathy, such as the Davis Empathic Concern Scale and questions about frequency of prosocial behaviors; we also use priming in order to promote subjects’ empathy. Our results suggest that the presence of sympathy in most cases encourages more tax compliance. Our results also suggest that priming to elicit empathy also has a positive impact on tax compliance. These results support the inclusion of noneconomic factors in the analysis of tax compliance behavior.     

沪深股市指数效应研究与行为金融学解释

指数效应是证券市场的一种异常现象，是指指数调整其成分股会引起被调整股票价格和交易量的异常变动。本文运用事件分析法，以沪深300和上证180指数调整的样本股为研究对象，检验个股在调整前后的异常收益率和异常交易量，得出指数效应显著存在于沪深股市的结论，并用行为金融学的理论解释其成因，旨在指导中小投资者投资和完善我国证券市场的监管工作。     

人民币汇率改革应该控制速度与强度--从我国货币替代问题出发的行为经济学分析

根据行为经济学的基本理论以及相应的实证分析,发现当前我国居民由于损失规避心理较强,因而在决定是否进行货币替代时,对人民币实际汇率的绝对水平反应不足,但对人民币实际汇率的波动程度反应敏感。故人民币汇率制度从盯住单一美元过渡到盯住一篮子货币后,为了防范由货币替代的潜在加剧而造成对宏观经济的冲击,政策当局应该做到:短期内不应对人民币币值进行大幅度或频繁的调整,同时必须维持当前汇率政策的延续性;长期内必须完善国内市场化环境,不断缓解居民的损失规避心理,培育和提升居民对汇率制度改革的应变能力。     

Engagement across three social media platforms: An exploratory study of a cause-related PR campaign

This study analyzed a social media campaign promoting child welfare to explore the associations among people's social media use, their engagement with different social media platforms (blog, Facebook page, Twitter account), and three intended behavioral outcomes (social media behavior, offline communication behavior, and helping behavior). An online survey of 73 participants shows that people's use of each social media platform was significantly related to their engagement with it at a bivariate level (when the other control variables were not considered). Social media use was also related to all three behavioral outcomes. Additionally, users’ engagement played a significant mediating role in the relationship between their social media use and their offline communication behavior.     

Journal of Organizational Behavior Management

No abstract available for this article.     

Discussion of Behavioral Principles in Journal of Organizational Behavior Management: An Update

This study replicated the methods of a previous review and assessed the frequency with which discussions of basic behavioral principles occurred in a sample of research and case studies published in Journal of Organizational Behavior Management. A total of 127 research and case studies published between 2006 and 2015 were reviewed; 67 included a discussion of behavioral principles. The percentage of research articles and case studies discussing behavioral principles was higher than that found in previous research. The most frequently described principle was reinforcement. Our findings also documented a higher percentage of laboratory studies discussed behavioral principles.     

Sirens’ Call: Understanding Poor Financial Decision Making and Credit Card Misuse

Poor financial decision-making paradigms such as misuse of credit cards exist as ruinous forms of personal debt. Psychiatric and physical health problems arise from financial distress. Significant challenges exist for consumers to become financially solvent. Obstacles that exist in overcoming financial stressors can be explained by behavioral economic theories. These theories explain why consumers make unwise financial decisions. Research, practice implications, and a financial therapy model for improving financial decision-making skills are presented. The need for social work to ally with family economic scholars and policymakers around financial literacy and the development of effective financial therapy interventions is discussed.     

基于开放视角的团队过程对团队效能的影响研究

团队效能一直是团队研究中最重要的议题.以往的研究主要围绕团队内部过程,随着团队开展的外部活动对团队效能产生明显的影响,团队不再是一个封闭系统.在开放系统下,团队效能同时受到团队进行的内外部过程的影响,同时,这两种活动之间既相互促进,又相互竞争,而团队组成、团队层面和组织层面的因素影响着这两种活动.     

Children Exposed to Community Violence: Issues for Assessment and Treatment

Community violence is increasingly recognized as a risk factor for serious psychological problems with children particularly vulnerable to its effects. This article summarizes the existing knowledge on the effects of chronic exposure to community violence, highlights essential issues in assessing children for both exposure and resulting trauma from community violence, and provides treatment guidelines for those affected children.