Completing the Circuit: Routine,Reflection, and Ethical Consumption

Efforts to explain why some people incorporate ethical concerns into everyday shopping for food and household goods, while many do not, have so far left significant variation in “ethical consumption” unexplained. Seeking to move beyond explanations that rely mainly on differences in consumers' social class, gender, and political engagement, I draw on concepts associated with “practice theory” to argue that ethical consumption is closely tied to people's willingness and ability to spend time, while shopping, on distinct activities associated with breaking old routines and establishing new ones. The central insight of practice theory is that most consumption is the product of unconscious routine. And it is precisely because consciously departing from routine is, according to my study, a fundamentally time‐consuming process, that lack of time emerges as a crucial obstacle to translating abstract ethical concerns into concrete action as a consumer.     

Machine Learning Vasicek Model Calibration with Gaussian Processes

In this article, we calibrate the Vasicek interest rate model under the risk neutral measure by learning the model parameters using Gaussian processes for machine learning regression. The calibration is done by maximizing the likelihood of zero coupon bond log prices, using mean and covariance functions computed analytically, as well as likelihood derivatives with respect to the parameters. The maximization method used is the conjugate gradients. The only prices needed for calibration are zero coupon bond prices and the parameters are directly obtained in the arbitrage free risk neutral measure.     

Curation: a theoretical treatment

Curation is a key mechanism of sociality in a digital era. With an abundance of information, sifting, sorting, selecting, hiding, and standing out become laborious tasks. While researchers have diligently documented people’s curatorial strategies, digital curation remains undertheorized in its own right. I therefore theorize digital curation by disentangling productive curation from consumptive curation, addressing how people curate content that they share, and that which they consume. I embed these agentic curatorial practices within structural bounds, both social and technological. In doing so, I offer a basic theoretical model that captures a dynamic relationship between individual curators, their social networks, and technological design.     

Aggregating classifiers via Rademacher–Walsh polynomials

Methods are proposed to combine several individual classifiers in order to develop more accurate classification rules. The proposed algorithm uses Rademacher–Walsh polynomials to combine M (≥2) individual classifiers in a nonlinear way. The resulting classifier is optimal in the sense that its misclassification error rate is always less than, or equal to, that of each constituent classifier. A number of numerical examples (based on both real and simulated data) are also given. These examples demonstrate some new, and far-reaching, benefits of working with combined classifiers.     

企业推进消费文明的路径探索

应对＂消费—生态＂悖论,缓解生态危机,促进消费文明走向生态文明,企业应提高企业家和员工的生态道德素质,加强企业伦理建设,从而牢固树立生态消费理念,践行＂合度＂、＂合宜＂、＂合道＂的客观要求,实现经济合理性、生态合理性、伦理合理性的价值诉求,遵循环境友好,可持续发展,以人为本等基本原则,实施绿色、低碳的生态化模式,推进消费文明的发展。     

Ethical living: relinking ethics and consumption through care in Chile and Brazil

Mainstream conceptualizations of ‘ethical consumption’ equate the notion with conscious, individual, market‐mediated choices motivated by ethical or political aims that transcend ordinary concerns. Drawing on recent sociology and anthropology of consumption literature on the links between ordinary ethics and ethical consumption, this article discusses some of the limitations of this conceptualization. Using data from 32 focus groups conducted in Chile and Brazil, we propose a conceptualization of ethical consumption that does not centre on individual, market‐mediated choices but understands it at the level of practical outcomes, which we refer to as different forms of ‘ethical living’. To do that, we argue, we need to depart from the deontological understanding of ethics that underpins mainstream approaches to ethical consumption and adopt a more consequentialist view focusing on ethical outcomes. We develop these points through describing one particular ordinary moral regime that seemed to be predominant in participants’ accounts of ethics and consumption in both Chile and Brazil: one that links consumption and ethics through care. We show that the moral regime of care leads to ‘ethical outcomes’, such as energy saving or limiting overconsumption, yet contrary to the mainstream view of ethical consumption emphasizing politicized choice expressed through markets, these result from following ordinary ethics, often through routines of practices.     

On additive-multiplicative hazards model

In survival analysis and reliability theory, a fundamental problem is the study of lifetime properties of a live organism or system. In this regard, there have been considered and studied several models based on different concepts of ageing such as hazard rate and mean residual life. In this paper, we consider an additive-multiplicative hazard model (AMHM) and study some reliability and ageing properties of the proposed model. We then specify the bivariate models whose conditionals satisfy AMHM. Several properties of the proposed bivariate model are investigated and adequacy of the model is evaluated based on a real data set.     

A Semiparametric Regression Model for Longitudinal Data with Non‐stationary Errors

Motivated by the need to analyze the National Longitudinal Surveys data, we propose a new semiparametric longitudinal mean‐covariance model in which the effects on dependent variable of some explanatory variables are linear and others are non‐linear, while the within‐subject correlations are modelled by a non‐stationary autoregressive error structure. We develop an estimation machinery based on least squares technique by approximating non‐parametric functions via B‐spline expansions and establish the asymptotic normality of parametric estimators as well as the rate of convergence for the non‐parametric estimators. We further advocate a new model selection strategy in the varying‐coefficient model framework, for distinguishing whether a component is significant and subsequently whether it is linear or non‐linear. Besides, the proposed method can also be employed for identifying the true order of lagged terms consistently. Monte Carlo studies are conducted to examine the finite sample performance of our approach, and an application of real data is also illustrated.     

解码“中国经济增长”

消费是人类经济增长最初也是最终的目的，单纯为了经济增长速度、为了增加就业、为了出口创汇等，可能脱离经济发展的消费目的，未必有利于真正的经济增长。新时期中国理想的经济增长必须考虑以下六个制约因素，即居民增长的消费需求、资源的供给、环境容量、国际竞争力、科技创新和制度。关键是突出消费作为增长的目的，抛弃狭隘的速度思维，将环境保护放在首位，以分配公平为前提，建立有责任约束的经济增长机制。     

An International Comparative Study on Women's Pension Rights and Their Economic Risks

This article examined the theoretical meanings of pension rights and analyzed their effects on women's economic risks in developed countries. First, based on the status of a citizen, worker, parent, and spouse, this study investigated how pension benefits are guaranteed as a citizen regardless of work history, the degree to which women's disadvantageous situations in the labor market and unpaid work are compensated by public pension as workers and parents, and how marital status is treated in the different pension systems. Second, analysis of the effect of pension rights showed that individual rights is a significant factor to prevent economic risks of elderly women. Derived rights did not seem to secure the economic welfare of elderly women, at least in a comparative context. This finding suggested that developing individual rights, rather than derived rights, is the way to guarantee long‐term elderly women's economic welfare.