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This chapter examines the debt aversion of a group of college students who have the opportunity to take out a sizable, low-interest, non-credit dependent loan. If the loan is simply invested in low-risk assets, it would effectively yield a free lunch in net interest earnings.

The research uses survey data to examine demographic, socio-economic, personality traits, and other characteristics of those willing and unwilling to accept the loan offer, as well as their intentions of early repayment.

Individuals willing to accept the loan tend to have prior debt, longer planning horizons, come from middle-income families, and may have higher cognitive ability. Anticipated early repayment of the loan is more likely among those with prior investments, no prior debt, from STEM majors, with upper income parents, and those who expect to buy a home soon.

We find no consistent relationships between debt aversion and intellectual ability or gender, but this finding may be hampered by our small sample of female loan-rejecters. Our limited sample size also precludes examining interactions between the dimensions of personality types.

We suggest consideration of policies to encourage “smart” borrowing, focusing on the financially disadvantaged, particularly for education loans. This study examines a uniquely occurring natural experiment regarding the opportunity to accept a non-credit dependent loan. Our results describe the behavior of young adults, an infrequently studied yet important segment of the population, especially in the context of borrowing behavior.

Purpose – Land assembly can mitigate the negative environmental impacts of land fragmentation on urban areas, agriculture, and wildlife. However, the assembler faces several obstacles including transactions costs and the strategic bargaining behavior of landowners. The purpose of this chapter is to examine how the order of bargaining and the nature of contracts may impact the land assembler's problem.

Methodology – We develop theoretical predictions of subjects' behavior and compare these to behavior in a laboratory land-assembly game with monetary incentives.

Findings – Sellers bargain more aggressively when bargaining is sequential compared to simultaneous. Noncontingent contracts increase bargaining delay and the likelihood of failed agreements. Buyers and sellers act more aggressively when there are multiple bargaining periods, leading to significant bargaining delay. When a seller has an earnings advantage in the laboratory, it is the first seller to bargain in noncontingent contract treatments. In sequential bargaining treatments, most sellers preferred to be the first seller to bargain.

Research limitations – Our laboratory experiments involved only two sellers, complete information, and costless delay. Land assembly in the field may involve many sellers, incomplete information, and costly delay.

Practical implications – Some of our results contradict conventional wisdom and a common result from the land-assembly literature that it is advantageous to be the last seller to bargain, a so-called “holdout.” Our results also imply that fully overcoming the holdout problem may require subsidies or compulsory acquisition.

Originality – This chapter is one of the first to experimentally investigate the land-assembly problem, and the first to specifically examine the role of bargaining order and contract type.

The purpose of this study is to analyze existing policies, methods and technologies, which are aimed at the rational and proper handling of decommissioned aviation transport means, determination of the world trends and substantiation of the prospects for implementation of utilization and recycling programs in the aviation industry. This research is devoted to problems of utilization and recycling of decommissioned aircraft and its components: features of proper handling of aviation industry vehicles are considered; the analysis of existing methods and technologies aimed at the rational and correct handling of the end-of-life aircraft is carried out; the necessity of the introduction of the system of complex utilization of aviation equipment is substantiated; the ecological and economic problems connected with the utilization and recycling of aviation vehicles, their units and units are considered; and the relevance and feasibility of introducing recycling programs in the field of aviation industry waste management are substantiated.

Problems of utilization and recycling of decommissioned aircraft and its components are considered in this research. The analysis of existing methods and technologies aimed at the rational and correct handling of the end-of-life aircraft is carried out. In addition to this, the ecological and economic problems connected with the utilization and recycling of aviation vehicles, their units and parts are considered. Moreover, the relevance and feasibility of introducing recycling programs in the field of aviation industry waste management are substantiated.

In this study, the life cycle of aircraft is carried out and analyzed. The existing methodologies and approaches to end-of-life aircraft recycling and utilization are presented in this paper. The experience of the leading organizations in the sphere of decommissioned aircraft recycling, such as Aircraft Fleet Recycling Association and Process for Advanced Management of End-of-Life Aircraft, are considered as well. Environmental and economical benefits to aviation and neighbor industries, arising from the introduction of aircraft recycling systems, are shown.

The existing experience of leading companies in the aviation and aircraft recycling industry is accumulated and analyzed to show and propose the general methodology for the development and implementation methodology of end-of-life aircraft recycling and utilization.

In this chapter, the authors consider the role of time for research in occupational stress and well-being. First, temporal issues in studying occupational health longitudinally, focusing in particular on the role of time lags and their implications for observed results (e.g., effect detectability), analyses (e.g., handling unequal durations between measurement occasions), and interpretation (e.g., result generalizability, theoretical revision) were discussed. Then, time-based assumptions when modeling lagged effects in occupational health research, providing a focused review of how research has handled (or ignored) these assumptions in the past, and the relative benefits and drawbacks of these approaches were discussed. Finally, recommendations for readers, an accessible tutorial (including example data and code), and discussion of a new structural equation modeling technique, continuous time structural equation modeling, that can “handle” time in longitudinal studies of occupational health were provided.

Stress and the military go hand-in-hand, particularly in combat environments. While some personality traits or types weaken relationships between stress and performance, others, such as psychopathy, may strengthen them. In the present chapter, we consider the ramifications of individuals with high levels of psychopathy or psychopathic tendencies in the military with regard to both their own stress and performance and that of those around them. We discuss different reactions to psychological and physical stress, as well as the implications of psychopathic tendencies as they relate to current military issues, including gender, leadership, teamwork, turnover, post-traumatic stress disorder, and suicide. By juxtaposing relevant research findings on stress and psychopathy, we conclude that psychopathic tendencies should have neither uniformly negative nor positive effects on stress and performance in the military. Rather, effects on such individuals and the peripheral others with whom they interact will likely vary greatly depending on numerous factors.

In this chapter, how the occupational stress process changes over the life course and how this may intersect with observed generational differences are examined. This is done by jointly reviewing studies on occupational well-being that adopted the theoretical lens of generational or lifespan developmental perspectives; the two perspectives are closely related and have the potential to better inform one another because both consider chronological age to be a pivotal factor driving individual differences in work values, attitudes and well-being. However, these perspectives have yet to be simultaneously considered in a review of occupational well-being research, leaving scholars wondering whether they overlap, and if so, in which area. It is hoped that juxtaposition of the two disparate bodies of literature can better inform the convergence and divergence of findings on worker well-being scattered across the two literatures. In this chapter, (a) generational differences in job satisfaction, (b) how work characteristics may differentially affect job satisfaction in workers across generations, (c) how work contexts may differentially impact job satisfaction across generations, (d) generational differences in work-family interface, and lastly, (e) recent developments in the field are discussed. Although extant research on the first topic, generational differences in job satisfaction, has shown some consistent evidence, research findings in the subsequent topics remain relatively inconsistent. Based on our review, it is concluded that additional research is needed to expand our understanding of the role of generation and chronological age in workers’ occupational well-being.

The purpose of this paper is to present the benefits and potential dangers of “bring your own device” (BYOD)-related practices. The paper aims to highlight new risks stemming from BYOD adoption and identifies different security paradoxes arising for entrepreneurs and their employees in the context of small- and medium-sized enterprises (SMEs).

A theoretical approach is proposed in this paper. As technology is an important driver of organizational change, technological innovations entail new work practices and in turn lead to a twofold “security paradox.”

This paper introduces the stakes and issues associated with BYOD-related mobile technologies. Evidence is provided that this phenomenon must be cautiously addressed to not only seize related benefits but also reduce related risks. Avenues for future research are offered to complement this work.

The main practical interest is to make entrepreneurs of SMEs and their employees aware of the BYOD phenomenon and its related risks and benefits.

From a theoretical perspective, very little work has been published in the field of management sciences about the benefits and dangers associated with the introduction of BYOD among entrepreneurs and employees in SMEs. Moreover, this study identifies a twofold “security paradox” related to information security that has never been studied in work settings.

For a number of years, the American School Counselor Association has been working to identify and clarify the role and function of school counselors within Developmental and Comprehensive School Counseling programs. The terms “Developmental” and “Comprehensive” mean that school counseling programs establish goals for their programs that are developmentally appropriate to the age and needs of students and that current and future goals build upon previous goal achievement. Thus, school counseling programs should be in place throughout students’ entire K-12 academic experience.