Search results

Purpose — This chapter considers some key policy implications of the research described in this book on links between transport disadvantage, social exclusion and well-being.

Methodology — Two high-level policy frameworks are outlined and some research results are viewed through the lenses of these frameworks. The two frameworks are (1) place-based versus functional approaches and (2) economic versus social approaches.

Findings — Transport, land use and outreach opportunities are outlined as possible ways to tackle problems of transport disadvantage that may adversely impact social exclusion and well-being. These require place-based approaches. Difficulties in making the switch from traditional functionally based policy thinking to place-based, integrated approaches are highlighted. These difficulties pose a challenge for effective reduction in transport disadvantage and its associated risks of social exclusion and diminished well-being.

The chapter also shows how the traditional economic cost–benefit approach to transport policy becomes much closer to a social policy approach when the research results about the value of improved trip making, as it affects risks of social exclusion, are incorporated in the analysis. Minimum public transport service levels are suggested as meeting both economic and social policy goals in this regard. Community transport is seen as an effective way to tackle some problems of transport disadvantage but as possibly posing risks of entrenched exclusion for some.

Purpose — This chapter examines links between mobility, risk of social exclusion (SE) and well-being and uses its findings to impute a value to improved (or reduced) mobility. It applies the relevant value to show the benefits of the Melbourne route bus network and to estimate loadings on individual services that are required for service user benefits to break-even with service costs.

Methodology — The research findings are based on econometric modelling of risk of SE and well-being, as a function of a range of likely contributory factors. The modelling draws on household travel survey data and on survey data specifically collected on factors thought likely to affect risk of SE and/or well-being. These factors include social capital, sense of community, household income and trip making, together with a range of psychological and personality variables.

Findings — The modelling shows that a reduced risk of SE is associated with increases in social capital, sense of community, household income and trip making. A lower risk of SE, in turn, is associated with improved reported personal well-being, which is also affected by a range of psychological variables and age. The analysis shows that additional trip making is very highly valued and that this value increases as household income declines. A case study that applies the resulting values shows that Melbourne’s route bus services produce benefits almost four times their costs and that the ‘social inclusion’ benefits calculated in this research comprise the largest single benefit component. This result is particularly important in supporting further investment in improved public transport services.

Much remains unknown about how young children orient to computational objects and how we as learning scientists can orient to young children as computational thinkers. While some research exists on how children learn programming, very little has been written about how they learn the technical skills needed to operate technologies or to fix breakdowns that occur in the code or the machine. The purpose of this study is to explore how children perform technical knowledge in tangible programming environments.

The current study examines the organization of young children’s technical knowledge in the context of a design-based study of Kindergarteners learning to code using robot coding toys, where groups of children collaboratively debugged programs. The authors conducted iterative rounds of qualitative coding of video recordings in kindergarten classrooms and interaction analysis of children using coding robots.

The authors found that as children repaired bugs at the level of the program and at the level of the physical apparatus, they were performing essential technical knowledge; the authors focus on how demonstrating technical knowledge was organized pedagogically and collectively achieved.

Drawing broadly from studies of the social organization of technical work in professional settings, we argue that technical knowledge is easy to overlook but essential for learning to repair programs. The authors suggest how tangible programming environments represent pedagogically important contexts for dis-embedding young children’s essential technical knowledge from the more abstract knowledge of programming.

The Truncated Levy Flight (TLF) model has been successfully used to model the return distribution of stock markets in developed economies and a few developing economies such as India. Our primary purpose is to use the TLF to model the S&P 500 and the firms operating in the Ghana Stock Exchange (GSE).

We assess the predictive efficacy of the TLF model by comparing a simulation of the Standard and Poor's 500 (S&P 500) index and that of firms in the stock market in Ghana, using data from the same time period (June 2007–September 2013).

We find that the Levy models relatively accurately models the return distributions of the S&P 500 but does not accurately model the return distributions of firms in the Ghana stock market.

A major limitation is that we examined stock market data only from Ghana, while there are over 29 other African stock markets. We suggest that doctoral students and faculty can compare these stock markets either on the basis of age or the number of firms listed. For example, the oldest stock market was set up in 1883 in Egypt, while the more recent ones were set up in 2012 in the Seychelles and in Somalia.

Scholarly inquiry about the stock markets in Africa represents a rich area of research that we will encourage doctoral students and faculty to go into.

There has been little research done regarding the TLF model and African stock markets and this research has much utility and high level of originality.

The majority of emerging adults in the United States spend time in cohabiting unions. Prior research has suggested that higher levels of sexual non-exclusivity may exist among those in cohabiting relationships compared to marital unions. Although these basic patterns have been explored in prior work, research examining the potential reasons why levels of sexual non-exclusivity differ by union status has been limited. Drawing on a relational perspective and using the fifth wave of data from the Toledo Adolescent Relationships Study (TARS), the present study found that higher levels of sexual non-exclusivity in cohabiting relationships were explained by intimate relationship characteristics and sexual histories rather than sociodemographic factors, partner heterogamy, or partner- and couple-level drug use. These findings highlighted that understanding the higher rates of sexually non-exclusive experiences in cohabiting relationships, compared to marital relationships, requires attention to specific dynamics of the intimate partnership and prior relational experiences of both partners. The study concluded that cohabitation has a unique place in emerging adults’ relationship landscape and may set the groundwork for future relationship functioning.

This study examined how parental divorce during emerging adulthood gives meaning to emerging adults’ developmental stage and interpersonal relationships.

The participant sample consisted of 15 females from the Southeastern United States who were between the ages of 18 and 25 (M = 21.5). Qualitative methods were utilized, with a transcendental phenomenological research methodology specifically applied. Interviews were conducted focusing on perceptions of the divorce experience in relation to important aspects of emerging adulthood, namely developmental experiences and interpersonal relationships, primarily intimate partner and dating experiences. NVivo was used to allow a “bottom-up” design, emergent design, and interpretive inquiry for data analysis.

Two major themes emerged from the data: (1) developmental stage facilitates insight into the divorce process and (2) parental divorce leads to contemplating and reconceptualizing perceptions of self and interpersonal relationships.

Results are relevant to researchers, parents, and practitioners as divorce is examined with a developmental lens. Findings suggest that the meaning and impact of parental divorce are distinct for emerging adult children, characterized by awareness and personal reflection. Implications for parenting and practice are provided.

An objective method of pricing, where the cost of each component of a product is determined separately, is relevant to the pricing of loans in banking. Relevant factors in this case are a “real rate” of interest, an inflation premium, administrative expenses, a maturity factor and an allowance for credit risk. All these can be accounted for in the pricing of retail loans. This systematic approach enhances the loan pricing procedure and offers an objective way for an institution to establish and monitor the risk level of its portfolio of earning assets. From data it is clear that banking has priced its retail loans well and this brings the evolution of new pricing techniques into question.

Current trends in financial services are characterised by two intertwined developments. First, increasing digitalisation provides opportunities to invest or raise money through channels that have not been available with more traditional financial services. Crowd-investing and social-trading platforms act as new intermediaries. Similarly, automated advice (robo-advice) is attracting increased attention. Second, the financial crisis of 2007–2010 is associated with a considerable decline in trust in financial institutions, even more so in Iceland, which had experienced a complete collapse of its banking system. Despite the evaporation of trust in their banking system, Icelandic consumers were largely bound to use Icelandic financial institutions because capital controls were in place since the financial crisis until 2017, which limited investors’ opportunities to, for example, diversify their portfolios internationally. As financial decisions are inherently risky and since financial services have the characteristics of credence goods, those who wish to use financial services need to trust financial intermediaries or the immediate contractual partner. The purpose of this chapter is to examine the role of trust in the context of increased digitalisation, and to discuss steps to establish trust in digitalised financial services. Among other items, we discuss the information requirements accompanying financial products and financial institutions, data protection and liability in the context of emerging digitalisation. Our work holds implications for individuals, financial service providers, policy makers and supervisory authorities.

This is a troubled age for democracy, but the nature of that trouble and why it is a problem for democracy is an open question, not easy to answer. Widespread wishing for responsible leaders who respect democratic norms and pursue policies to benefit people and protect the vulnerable don’t help much. The issue goes well beyond library contexts, but it is important that those in libraries think through our role in democracy as well. Micro-targeting library-centric problems won’t be effective and don’t address the key issue of this volume. The author can only address the future if we recover an understanding of the present by building up an understanding of actually-existing democracy: (1) the scope must be narrowed to accomplish the task; (2) the characteristics of the retreat from democracy should be established; (3) core working assumptions and values – what libraries are about in this context – must be established; (4) actually-existing democracy should then be characterized; (5) the role of libraries in actually-existing democracy is then explored; (6) the source and character of the threat that is driving the retreat from democracy and cutting away at the core of library assumptions and values is analyzed; (7) the chapter concludes by forming a basis of supporting libraries by unpacking their contribution to building and rebuilding democratic culture: libraries are simultaneously less and more important than is understood.

The present study aims to provide an overview of the life insurance industry in India and scrutinise various dimensions impacting life insurance uptake in accordance with the views of the management representatives. An exploratory study was assumed by conducting in-depth face-to-face/telephonic interviews with six employees and one agent affiliated to the most prominent life insurance companies operating in India. The interviews focused on operation of life insurance companies in general, their work culture, approach towards individuals/customers, steps taken to attract and retain their human capital (agents), the overall impact of reforms on the life insurance industry and their tactics which make them unique in the market. The study observed that life insurance uptake in India is discernibly affected by an individual's financial knowledge, needs and the level of trust they have on the company apart from brand of the life insurance company and grievance redressal system. It was also found that reforms (Foreign Direct Investment (FDI) Policy, entry of private players) did bring about a difference in work culture, improved employment opportunities and increased the reach of the insurance industry in the country. The study highlights dimensions that life insurance companies constantly work/need to work upon to remain at the zenith of success, broadens the horizons of the life insurance industry in an emerging nation like India as it is one of the few studies to have probed the management's outlook of the Indian life insurance industry and holds scope for future theoretical investigation and development of a comprehensive model as well.