Reconsidering the philanthropic foundation minimum payout policy under a “new normal”

With the increasing salience of foundations in many policy fields, and recent changes in market conditions, policies towards foundations designed decades ago seem outdated. In this article we suggest reassessing foundation payout minimums. To examine the impact of payout rates on grantmaking foundations lifespan and performance under “new normal” economics, we simulate multiple foundations lifecycles using Monte Carlo methods in diverse capital market conditions, with varied investment and payout strategies.We find that while under past market regime perpetuity seems to be a given, under more probable future scenarios, foundations might face increasingly early mortality and endowment depletion, limiting their potential impact. Furthermore, lower payout rates allow for higher lifetime grantmaking, higher mean annual grantmaking, and lower giving volatility. Accordingly, we suggest a tiered payout policy, in line with foundations’ missions and proper financial planning.     

Professions in periods of social change: the case of architectural discourse and design

This article examines how professions behave in periods of social change. The article considers whether professions take positions vis-à-vis broader social discourse, and explores the relationship between the professions’ positions and those of the government. The article examines these questions through the case of the Israeli architectural profession’s behavior after the 1967 war in both the newly occupied territories, over which Israeli control is under dispute among Israeli Jews, as well as the pre-1967 areas, in which Israeli sovereignty enjoys a consensus among Israeli Jews. The article traces both design and construction activities, as well as the discourse that followed in their wake. The article’s conclusion is that changes in professional discourse are a way to understand the profession’s position regarding a given set of social changes. We argue that the transition from an inward-facing professional discourse to an outward-facing professional discourse that addresses the larger society is both an indication of that profession’s condition as well as the condition of the social group to which it belongs.     

Beyond control: the criminalization of African asylum seekers in Israel

ABSTRACT

This article analyzes the discursive process of criminalization of African asylum seekers in Israel. The Israeli case illuminates the way that marginalized social groups are constructed as a criminal threat, thus becoming a focal point of moral panic. Using content analysis, in-depth interviews and observations, we assert that the criminalization of asylum seekers is facilitated by their portrayal as ‘infiltrators’ who are beyond state control. State authorities’ ostensible inability to keep asylum seekers under surveillance is dialectically constructed along two main axes: the private space axis and the public space axis. On the private space axis, the asylum seekers are portrayed as unidentified people living beyond the authorities’ field of vision whose largely unreported criminality is directed against vulnerable asylum seeker women and children in the private sphere. At the same time, asylum seekers are portrayed as a prominent, faceless and animalistic presence in public space, a presence that breaches physical-spatial borders as well as social-cultural boundaries, thereby undermining the social order. Thus, asylum seekers are viewed as conspicuously invisible. This rhetoric connects border violation with criminal activity; emphasizes the pent-up potential for violence by asylum seekers; and blurs the lines between criminal threat and security threat.     

Geometric representation of high dimension, low sample size data

Summary.  High dimension, low sample size data are emerging in various areas of science. We find a common structure underlying many such data sets by using a non-standard type of asymptotics: the dimension tends to ∞ while the sample size is fixed. Our analysis shows a tendency for the data to lie deterministically at the vertices of a regular simplex. Essentially all the randomness in the data appears only as a random rotation of this simplex. This geometric representation is used to obtain several new statistical insights.     

Robustness against inefficient manipulation

This paper identifies a family of scoring rules that are robust against coalitional manipulations that result in inefficient outcomes. We discuss the robustness of a number of Condorcet consistent and “point runoff” voting rules against such inefficient manipulation and classify voting rules according to their potential vulnerability to inefficient manipulation.     

A law of large numbers for weighted plurality

Consider an election between $k$ candidates in which each voter votes randomly (but not necessarily independently) for a single candidate, and suppose that there is a single candidate that every voter prefers (in the sense that each voter is more likely to vote for this special candidate than any other candidate). Suppose we have a voting rule that takes all of the votes and produces a single outcome and suppose that each individual voter has little effect on the outcome of the voting rule. If the voting rule is a weighted plurality, then we show that with high probability, the preferred candidate will win the election. Conversely, we show that this statement fails for all other reasonable voting rules. This result is an extension of one by Häggström, Kalai and Mossel, who proved the above in the case $k=2$ .     

On the Generic (Im)Possibility of Full Surplus Extraction in Mechanism Design

A number of studies, most notably Crémer and McLean (1985, 1988), have shown that in generic type spaces that admit a common prior and are of a fixed finite size, an uninformed seller can design mechanisms that extract all the surplus from privately informed bidders. We show that this result hinges on the nonconvexity of such a family of priors. When the ambient family of priors is convex, generic priors do not allow for full surplus extraction provided that for at least one prior in this family, players' beliefs about other players' types do not pin down the players' own preferences. In particular, full surplus extraction is generically impossible in finite type spaces with a common prior. Similarly, generic priors on the universal type space do not allow for full surplus extraction.     

The Social Construction of Moral Perceptions and Public Policies Concerning Organ Trafficking in Israel1,2

This article examines the sociocultural construction of the local moralities, practices, and public policies regarding the purchase, sale, and brokering of organs. Based on ethnographic study of the case of Israel, where the prevailing moral perceptions and public policies have been relatively tolerant toward the purchase and sale of organs, the article proposes a model of four main sources of justification underlying these perceptions and policies: (1) Deeply held religious views on ethics, social relations, and the body. (2) Philosophical approaches to moral dilemmas, particularly deontological versus utilitarian approaches. (3) The human rights discourse in its transnational, as well as localized, versions, and (4) socioeconomic worldviews such as liberalism, neoliberalism, and conceptions of individual autonomy. Each of these four discourses is weighted differently, depending on the context, and interacts with the other discourses. This process shapes the way in which international ethical norms are implemented, rejected, or adapted and translated into local meanings and institutions. The article offers a multi-faceted explication of why translation occurs, especially in the framework of international human rights norms related to health and medicine, which have not been adequately addressed in prior research. The findings contribute to explaining how “ethical variability” is formed in practice.