Type a and Risk Taking in Everyday Money Matters

The purpose of the present study is to extend previous research investigating personality factors as determinants of financial risk taking in everyday money matters (e.g., personal investments and household affairs). Type A and Type B subjects were asked to make a series of everyday financial decisions that varied in degree of risk. Type A individuals took greater financial risks than Type B individuals. The results provide additional support for the influence of personality factors in everyday financial risk-taking behavior and demonstrated another area of risk taking associated with the Type A behavior pattern not previously identified.     

Financial Risk Tolerance and Additional Factors That Affect Risk Taking in Everyday Money Matters

The purpose of this research was to extend the investigative line of inquiry, as initiated by Carducci and Wong (1998), regarding risk taking in everyday money matters by examining demographic, socioeconomic, and attitudinal characteristics that may be used either individually or in combination as determinants of financial risk tolerance. Discriminant analysis results indicated that risk tolerance was associated with being male, older, married, professionally employed with higher incomes, more education, more financial knowledge, and increased economic expectations. Findings suggest that the achievement of financial success can be explained, at least in part, by a combination of someone's personality characteristics and socioeconomic background.     

Matters temporal

Current evidence suggests that neural Hebbian learning in cortical and hippocampal synapses is fundamentally predictive rather than conventionally correlational. Much attention is focussing on what sort of predictions are acquired, and in what neural architectures. A recent paper by Rao and Sejnowski has suggested an interesting interpretation in terms of a popular predictive algorithm that has roots in psychology, computer science and engineering.     

mixing Matters

Aristotle raised a puzzle about the possibility of mixing whose solution is by no means obvious. I here explicate his solution to the puzzle and attempt to make it plausible within the context of his thought. Although we now know that his specific views on mixing were mistaken, his discussion of the topic raises questions concerning the role of capacities and the relationship of part to whole that are still of interest.     

Dirty Money

Many states have significantly reduced their support for higher education in the last decade, increasing the importance of securing external funding for research and academic centers at colleges and universities. This paper addresses issues that have been raised by critics of funding from "morally tainted" sources like tobacco companies, pharmaceutical companies, and oil and gas companies and attempts to develop plausible criteria for "morally acceptable" funding in light of criticisms that focus on issues such as transparency, conflicts of interests, academic and scientific integrity, and coercion. A further discussion of whether special or unique criteria are necessary for ethicists and ethics centers is also included.     

Money,Money, Money: Gift Exchange and Credit Giving in Coastal Kerala

For Kerala’s Latin Catholics, financial expenses related to life-cycle events like weddings, baptisms, funerals, and paying for children’s education or for medical treatment are customary expenditures. Yet, many Malayali Latin Catholics in the coastal region are craftsmen and fishermen, and their incomes tend to be unsteady. When they cannot afford these costs using their own resources, borrowing money and accruing debt is a common solution. Besides loans from banks and other institutions, credit is given among relatives, friends, neighbors, and acquaintances. This type of credit is known as ka?a? (“debt”). The article argues that ka?a? can be interpreted as a kind of gift exchange, since it is inseparable from the people involved and the (kind of) relationship that exists between them. Interdependence is the necessary basis of ka?a?, and like gift exchange, credit giving among relatives and friends serves to confirm and strengthen existing relationships.     

When Subjectivism Matters

Abstract: In this article I consider when the question of whether entities exist subjectively (only in the minds of subjects) or objectively (in themselves, independently of the minds of subjects) is important, both theoretically and practically. I argue that when it comes to the metaphysics underlying three types of moral questions, broadly conceived, the subjectivity question does not matter practically, although it is widely thought to matter. Subjectivism does not matter in these moral questions in the same way(s) it matters in some nonmoral metaphysical issues. The moral questions I consider are the meaning of life, normative ethics, and the free‐will problem. The nonmoral issues I address are the existence of God, the traditional mind/body problem, and personal identity. I explain the difference by noting that certain metaphysical issues on the fact side of the fact/value distinction impinge on persons' lives more prominently than do the metaphysics behind the three moral questions.     

When Self-Interest Matters

The relative influence of self-interest and values on policy preferences was assessed experimentally in a national survey that posed questions about three contemporary political issues—Social Security reform, the home mortgage interest tax deduction, and health care benefits for domestic partners. For each issue, respondents were randomly assigned to one of three priming conditions that influenced the frame of reference for their policy evaluations. The results show that people are more likely to recognize their own self-interest, and to act upon it, when their stakes in the policy are clear or when they have been primed to think about the personal costs and benefits of the policy. This relationship is somewhat weakened but not eliminated when sociotropic considerations are primed. People with a smaller stake in an issue are less likely to behave on the basis of self-interest and more likely to be influenced by their values and symbolic predispositions, especially when exposed to information that cues sociotropic concerns, group identifications, or value orientations.     

Mental Health Matters

Abstract

This article discusses the epistemological biases and therapeutic risks of overly-medicalized and deterministic approaches to women's psychological problems. Constructivist and feminist perspectives are used to illuminate the essentially political enterprise of naming psychological distress, and to argue the necessity of feminist theories of psychotherapy. These too, however, must be critically examined for deterministic assumptions which emphasize pathology or victimization, thereby limiting recognition of women's agency, and capacity for resistance and change. One alternative model is Adler's Individual Psychology. This humanistic approach is neither medicalized nor deterministic, assumes human freedom and pur-posefulness, emphasizes the dialectic interaction of the individual and society, and is philosophically committed to gender equality.