损失厌恶、后悔厌恶与沉没成本效应的关联性分析

以往研究认为沉没成本效应的产生与损失厌恶和后悔厌恶相关,但对其相互关系的探讨较少考虑货币性沉没成本和非货币性沉没成本的不同影响.文章选取证券监管者和证券市场投资者作为被试对象,通过有情境因素的调查问卷对损失厌恶、后悔厌恶与沉没成本效应之间的关联性进行验证.实证结果发现,与证券市场投资者相比,证券监管者的损失厌恶倾向要显著更低,而二者的后悔厌恶和沉没成本效应则无显著差异;证券监管者的数据结果表明,后悔厌恶与沉没成本效应之间存在显著的相关性,而损失厌恶与沉没成本效应之间不存在显著的相关性;相比之下,证券市场投资者的数据结果则表明,损失厌恶与沉没成本之间存在显著的相关性,而后悔厌恶与沉没成本之间则不存在显著的相关性.     

证券分析师性别、盈余预测偏差与纠偏能力

证券分析师个人特征是其能力的重要表征.文章选取2007-2014年我国资本市场相关数据,研究了证券分析师的性别对盈余预测偏差的影响,以及盈余预测偏差的时间序列特征,实证结果显示:第一,整体上男性分析师的盈余预测偏差大于女性分析师;第二,男性分析师对于盈余预测偏差的纠正能力高于女性分析师;第三,随着对公司跟踪时间的增加,男性分析师的盈余预测偏差下降速度更快.研究结果说明,对于分析师跟踪时间较短的公司,女性分析师的盈余预测偏差较小,而对于受分析师长期跟踪的公司,男性分析师的盈余预测结果更准确.研究结论对投资者依据分析师性别判定其盈利预测准确性具有重要意义.     

A Weighted Least Squares Approach to Levene's Test of Homogeneity of Variance

In 1960 Levene suggested a potentially robust test of homogeneity of variance based on an ordinary least squares analysis of variance of the absolute values of mean-based residuals. Levene's test has since been shown to have inflated levels of significance when based on the F-distribution, and tests a hypothesis other than homogeneity of variance when treatments are unequally replicated, but the incorrect formulation is now standard output in several statistical packages. This paper develops a weighted least squares analysis of variance of the absolute values of both mean-based and median-based residuals. It shows how to adjust the residuals so that tests using the F -statistic focus on homogeneity of variance for both balanced and unbalanced designs. It shows how to modify the F -statistics currently produced by statistical packages so that the distribution of the resultant test statistic is closer to an F-distribution than is currently the case. The weighted least squares approach also produces component mean squares that are unbiased irrespective of which variable is used in Levene's test. To complete this aspect of the investigation the paper derives exact second-order moments of the component sums of squares used in the calculation of the mean-based test statistic. It shows that, for large samples, both ordinary and weighted least squares test statistics are equivalent; however they are over-dispersed compared to an F variable.     

Elementary School-age Children's Attitudes Toward Children in Same-Sex Parent Families

As numbers of families with same-sex parents increase in the United States, children are more likely to encounter diverse family structures. Given that young children can demonstrate in-group bias, prejudicial attitudes, and social exclusion, it is important to understand how children perceive their peers in diverse families. To our knowledge, no studies have assessed elementary-school-age children's attitudes about same-sex parent families. Here, 131 elementary school students (M_age = 7.79 years; 61 girls) viewed images of same-sex (female and male) and other-sex couples with a child and then were asked about their perceptions of these families, particularly the children. Results indicated participants' preferences toward children with other-sex versus same-sex parents. Developmental and practical implications about children's attitudes toward sexual minority parent families are discussed.     

Measuring the health patterns of the ‘mixed/multiple’ ethnic group in Britain: data quality problems,reporting issues,and implications for policy

The ‘mixed’ group, officially recognised in the 2001 Census, is one of the most rapidly growing ethnic groups in Britain. Although ‘mixed’ categorisation was added to ethnic coding in NHS datasets, our knowledge of health patterns for this population is meagre. Data quality problems remain a key obstacle, including poor reproducibility of the data and constraints on reporting due to sparse data bias. The consequent minimal and indicative evidence base has focused mainly on risky health behaviours, mental health and generic measures of self-rated health, as it has in the U.S.A. and Canada. There is negligible information on the main underlying causes of death, such as neoplasms, heart disease and stroke. Consideration should be given to pooling data across multiple years of health and general purpose surveys to enable reporting for the four ‘mixed’ categories and adjustment for mediating factors and relevant confounders, such as measures of socio-economic status.     

Is the web a promising tool for data collection in developing countries? An analysis of the sample bias of 10 web and face-to-face surveys from Africa,Asia, and South America

Whereas the sample composition biases of web surveys have been discussed extensively for developed countries, studies for developing countries are scarce. This article helps to fill that gap by comparing similar non-probability-based web surveys (WEB) and probability-based face-to-face (F2F) surveys both to each other and to the labor force. An analysis of WageIndicator data on work and wages derived from surveys held in 2009–2013 in 10 developing countries (WEB-sample N = 9135; F2F-sample N = 14,659), shows that F2F samples resemble the labor force to a larger extent than web samples do. In both cases, individuals in their 20s and early 30s are overrepresented, and younger and older respondents are underrepresented. This trend is more pronounced in WEB than in F2F samples. However, the differences converge in countries with higher Internet usage. A comparison of the WEB and F2F samples shows that compositions differ greatly, with web respondents being younger, more often male, more often living alone, and higher educated, although these differences are smaller in countries with higher Internet usage. Given the cost differences between the two survey modes, one should nevertheless consider the potential of web surveys as an instrument to gain explorative insights, specifically when searching for individuals with particular characteristics.     

The Limits of Black Politics in the Post–Civil Rights Era

Pluralist theorists have long contended that to exercise power and influence in the American political system, blacks should come together like any other organized interest group, form coalitions with other like-minded people (white liberals), and advocate for policy reforms. Beginning during the “Black Power” era, the goal of putting black faces in high places to help address black concerns became a driving force in black politics. The deteriorating social and economic status of many in the black community, however, has not been prevented by either the political incorporation of more than 11,000 black elected officials or even the election of the nation’s first black president. This article will show how the inherent limitations of the pluralist interest-group strategy and a growing white backlash fueled by an awareness of changing demographics in the country has spawned an economic and political crisis in black America.     

Outlier detection and robust variable selection via the penalized weighted LAD-LASSO method

This paper studies the outlier detection and robust variable selection problem in the linear regression model. The penalized weighted least absolute deviation (PWLAD) regression estimation method and the adaptive least absolute shrinkage and selection operator (LASSO) are combined to simultaneously achieve outlier detection, and robust variable selection. An iterative algorithm is proposed to solve the proposed optimization problem. Monte Carlo studies are evaluated the finite-sample performance of the proposed methods. The results indicate that the finite sample performance of the proposed methods performs better than that of the existing methods when there are leverage points or outliers in the response variable or explanatory variables. Finally, we apply the proposed methodology to analyze two real datasets.     

Linearity,symmetry, and equidistance in semantic differential scales for measuring images of self and images of others

ABSTRACT

Violations of linearity, symmetry, and equidistance of scale points in semantic differential scales may be due to respondents failing to figure out antonyms, to a positivity bias, or to respondents curtailing their reading the options. Multiple correspondence analysis on data provided by a randomized between-subjects experiment (split-ballot), using a web survey of 537 German residents, shows that bipolar semantic differential scales allow for linear measurement and conceal no positivity bias, and that using not suitable adjective pairs in semantic differential scales destroys symmetry.     

河北省优秀传统文化的近期偏好、现代阐释和愿景设计

河北省作为京津冀协同发展及其雄安新区建设的重要一环,具有很强文化资源禀赋。通过对河北省传统文化近期偏好、现代阐释和愿景设计的研究,为河北省消除地区文化差异和经济差异提供理论指导,并为之注入现代内涵,具有很强的现实意义和理论意义。