The Gender Gap on Wall Street: An Empirical Analysis of Confidence in Investment Decision Making

We attempted to identify the personal characteristics that influence confidence in an investment decision in an experiment administered to 1,359 subjects nationwide. Multiple regression was used to control statistically for variation among subjects and to develop a model of investment decision confidence. The most striking finding was that women had significantly lower confidence in an investment task than men, after controlling for all other relevant variables and characteristics including the amount of the investment decision itself. Familiarity with and present attitude about investing in the stock market, college credit hours in accounting and finance, experience in evaluating common stocks, the current level of the stock market, and the investment decision itself (the amount to be invested) were also found to be significant. Age, value of personal portfolio, years of college, and years of business experience were not significant characteristics.     

How automatic is “automatic vigilance”? The role of working memory in attentional interference of negative information

Whereas attentional interference of negative information has previously been assumed to be automatic, the present research hypothesised that this effect depends on the availability of working-memory resources. In two experiments, participants judged the gender of angry versus happy faces. Working-memory load was manipulated by the presence or absence of a math task (Study 1) or mental rehearsal of a one- versus 8-digit number (Study 2). The results showed that angry faces interfered more with gender naming than happy faces, but only when working-memory load was low. As such, attentional interference of negative stimulus features can be modulated by top-down attentional control processes.     

I like you,I like you not: Understanding the formation of context-dependent automatic attitudes

Previous research has shown that automatic evaluations can be highly context dependent. Expanding on past research demonstrating context effects for existing attitudes toward familiar objects, the present research examined basic principles that guide the formation of context-dependent versus context-independent automatic attitudes. Results from four experiments showed that: (a) newly formed attitudes generalised to novel contexts when prior experiences with the attitude object were evaluatively homogeneous; (b) when prior experiences were evaluatively heterogeneous, automatic evaluations became context sensitive, such that they reflected the contingency between the valence of prior experiences and the context in which these experiences occurred; and (c) when prior experiences were evaluatively heterogeneous across different contexts, novel contexts elicited automatic evaluations that reflected the valence of first experiences with the attitude object. Implications for research on automatic evaluation and attitude change are discussed.     

The effect of object–valence relations on automatic evaluation

Two experiments tested the effect of co-occurrence of a target object with affective stimuli on automatic evaluation of the target when the relation between the target and the affective stimuli suggests that they have opposite valence. Participants learned about targets that ended an unpleasant noise or a pleasant music. The valence of such targets is opposite to the valence of the affective stimuli that co-occur with them. Participants reported preference for targets that ended noise over targets that ended music, but automatic evaluation measures revealed the opposite preference. This suggests that automatic evaluation is sensitive to co-occurrence between stimuli more than to the relation between the stimuli, and that relational information has a stronger influence on deliberate evaluation than on automatic evaluation. These conclusions support the associative-propositional evaluation model (Gawronski & Bodenhausen, 2006), and add evidence regarding the sensitivity of the evaluative-conditioning effect to relational information.     

‘And when you were a child?’: how therapists working with parents alongside individual child psychotherapy bring the past into their work

When a child is offered psychotherapy, it is common that regular meetings will be offered to the parents. However, there are debates in the literature about the degree to which such parent work should include a focus on the parents’ own childhood experiences. This study aimed to examine the way that those offering parent work as part of a study evaluating the treatment of adolescent depression dealt with this issue in their work with parents, both in the study and in routine clinical practice. Design: five therapists were interviewed on the subject of working with parents’ childhood experiences within parent work parallel to child psychotherapy. Data were analysed qualitatively, using Interpretative Phenomenological Analysis. Findings: participants described the need to consider the different parameters of this work to individual adult therapy; in addition, participants felt that it was necessary to negotiate permission to work on the parents’ childhood experiences. They also spoke of making use of insight into the repetition of the parents’ history, the analysis of parental projections and offering containment within the relationship; this varies from the ‘transference work’ of individual therapy and a different style of interpretation was described. Conclusions: there is a need to give more attention to the neglected field of working with parents alongside individual child psychotherapy, especially at a time when such work is under threat within many public services. There are particular technical issues related to work with parents’ own childhood histories that are different to how one might work in individual therapy with a parent.     

The lived experiences of people diagnosed with multiple sclerosis in relation to exercise

The purpose of this study was to examine the lived experiences of people diagnosed with Multiple Sclerosis (MS). Seven active exercisers with MS participated in semi-structured interviews regarding their exercise experiences since diagnosis. Data were analysed using Interpretative Phenomenological Analysis (IPA; Smith?&?Osborn, 2003 Smith, JA and Osborn, M. 2003. “Interpretive phenomenological analysis”. In Qualitative psychology: A practical guide to research methods, Edited by: Smith, JA. 51–80. London: Sage.  [Google Scholar]). Interpretive Phenomenological Analysis. The results and interpretations of narratives revealed a number of functional limitations due to the severity of MS symptoms, which were found to have a major effect on the ability of the participants to exercise. Furthermore, psychological problems and the heightened behavioural adjustments to the progressive disability led to re-appraisal of ability to exercise. Previous, relevant exercise experience made participants more determined to continue to be able to exercise after diagnosis. The wider exercise experience narratives were related to concerns about safety, dependability on others to overcome the challenges, and potential environmental hazards. The loss of spontaneous opportunities to exercise because of these actual and perceived barriers was key to this population. This research highlighted the need to rethink the health and social service arrangements in relation to exercise provision for individuals with MS.     

Young women’s construction of their post-cancer fertility

Younger women diagnosed with cancer often face compromised fertility as a result of their treatment. However, previous research has adopted a biomedical model of fertility and utilised hypothetico-deductive research methods which have not allowed for full exploration of women’s subjectivity. This study explored younger women’s construction of their fertility post-cancer, and their discussions of fertility with healthcare professionals, from a social constructionist epistemology. Semi-structured one-to-one interviews were conducted with eight women aged 18–26, across a variety of cancer types. Foucaultian Discourse Analysis identified three subject positions associated with fertility concerns: ‘Inadequate woman: Accepting the motherhood mandate’; ‘Adequate woman: Resisting the motherhood mandate’; and ‘Survival of the fittest: Woman as genetically defective’. Implications of these subject positions included feelings of inadequacy, fear and devastation; feeling undesirable to romantic partners; and concern about passing on cancer-positive genes. In describing healthcare professional interactions, women adopted positions of ‘Satisfied patient’; ‘Passive recipient patient’; or ‘Resisting the passive patient position’. Accounts of inadequate information provision were associated with anger and frustration, whereas feeling adequately informed was associated with satisfaction at making decisions about fertility preservation. These results suggest that fertility is of importance to young women cancer survivors, and that compromised fertility can negatively impact subjectivity.     

Structural equation modelling of human judgement

Structural equation modelling (SEM) is outlined and compared with two non-linear alternatives, artificial neural networks and “fast and frugal” models. One particular non-linear decision-making situation is discussed, that exemplified by a lexicographic semi-order. We illustrate the use of SEM on a dataset derived from 539 volunteers' responses to questions about food-related risks. Our conclusion is that SEM is a useful member of the armoury of techniques available to the student of human judgement: it subsumes several multivariate statistical techniques and permits their flexible combination, and it provides robust goodness-of-fit statistics and is available in (generally) easy-to-use computer packages. Although the number of tasks for which SEM provides a persuasive psychological model is small, it is very useful in identifying the important variables and their inter-relations that contribute to task performance, and thus can constitute a valuable intermediate staging point between raw data and a fully fledged psychological theory.     

What Does Successful Aging Sound Like? Profiling Communication About Aging

We draw on the recently developed communicative ecology model of successful aging (CEMSA) to examine how adults communicate about aging and how these communication patterns relate to experiences of successful aging. Using latent class analysis across 2 datasets collected in New Zealand and the United States, we identify 3 distinct classes of agers (disengaged, engaged, and bantering) defined by different profiles of communication behavior. Across samples, an engaged profile was generally associated with the most positive experiences of aging, whereas a disengaged profile was associated with the least positive experiences, although these differences were surprisingly small. Our results highlight the diverse ways in which individuals communicatively engage with the process of aging and experience aging as positive and successful.     

A Review and Meta‐Analysis Examining Conceptual and Operational Definitions of Problematic Internet Use

This study examined different conceptual and operational definitions of problematic Internet use (PIU). 3 perspectives of PIU are described along with a meta‐analytic review (K = 112) conducted to explore the implications stemming from how PIU is measured. The results offer evidence to support the construct validity of measures developed from the impulse control disorder and relationship resource deficits traditions but raise questions about substance dependence measures of PIU. Additionally, there were small but noteworthy differences in the associations between PIU and key antecedents and outcomes that could be attributed to PIU measurement tradition. Suggestions for developing a more robust body of scholarship on PIU are offered.