6,786 research outputs found
Adolescent Self-Disclosure and Loneliness: Private Self-Consciousness and Parental Influences
Using structural equation techniques, we tested a theoretical model designed to describe the causal relations existing among loneliness, self-disclosure to peers and parents, and specific antecedent variables. Participants were 350 high-school students who answered questions concerning themselves and their interpersonal relationships. Results generally indicated a good fit between the theoretical model and the observed relations. In addition to replicating the findings of previous studies concerning the relation between self-disclosure and loneliness, results also indicated an indirect relation between private self-consciousness and loneliness via peer self-disclosure; that is, high private self-conscious adolescents\u27 greater willingness to self-disclose to peers resulted in their feeling less lonely. Results are discussed in terms of current theory in related fields
Risk-sensitive investment in a finite-factor model
A new jump diffusion regime-switching model is introduced, which allows for
linking jumps in asset prices with regime changes. We prove the existence and
uniqueness of the solution to the risk-sensitive asset management criterion
maximisation problem in this setting. We provide an ODE for the optimal value
function, which may be efficiently solved numerically. Relevant probability
measure changes are discussed in the appendix. The approach of Klebaner and
Lipster (2014) is used to prove the martingale property of the relevant density
processes.Comment: 23 pages, 1 figur
Arbitrage Bounds for Prices of Weighted Variance Swaps
We develop robust pricing and hedging of a weighted variance swap when market
prices for a finite number of co--maturing put options are given. We assume the
given prices do not admit arbitrage and deduce no-arbitrage bounds on the
weighted variance swap along with super- and sub- replicating strategies which
enforce them. We find that market quotes for variance swaps are surprisingly
close to the model-free lower bounds we determine. We solve the problem by
transforming it into an analogous question for a European option with a convex
payoff. The lower bound becomes a problem in semi-infinite linear programming
which we solve in detail. The upper bound is explicit.
We work in a model-independent and probability-free setup. In particular we
use and extend F\"ollmer's pathwise stochastic calculus. Appropriate notions of
arbitrage and admissibility are introduced. This allows us to establish the
usual hedging relation between the variance swap and the 'log contract' and
similar connections for weighted variance swaps. Our results take form of a
FTAP: we show that the absence of (weak) arbitrage is equivalent to the
existence of a classical model which reproduces the observed prices via
risk-neutral expectations of discounted payoffs.Comment: 25 pages, 4 figure
The Effects of Private Self-Consciousness and Perspective Taking on Satisfaction in Close Relationships.
131 heterosexual student couples, aged 17–32 yrs, 30 of whom were married or engaged answered questions concerning themselves and their relationships. It was predicted that individual differences in private self-consciousness would be positively related to relationship satisfaction because of the greater self-disclosure resulting from that heightened self-attention. It was further predicted that individual differences in perspective taking would foster relationship satisfaction, independent of any influence of self-disclosure. Both expectations were confirmed. Scores on the private self-consciousness scale were predictive of reported self-disclosure, and self-disclosure was predictive of satisfaction in the relationship. Once the influence of self-disclosure was removed, no effect of self-consciousness on satisfaction remained. In contrast, after disclosure was controlled, perspective-taking scores were significantly related to satisfaction and were in fact unrelated to disclosure at all. Findings indicate that 2 personality characteristics having to do with habitual attention to behavioral tendencies, emotions, and motivations significantly enhance the quality of close heterosexual relationships in different ways
Two Social Worlds: Social Correlates and Stability of Adolescent Status Groups
Examined adolescents\u27 peer group status in high school using self-report, peer nominations, and archival data collected during 2 consecutive school yrs. 408 students participated in the 1st yr, and 404 students participated in the 2nd yr. 60% of the 2nd yr Ss had also participated in the 1st yr. Higher status students (popular and controversial) had more close friends, engaged more frequently in peer activities, and self-disclosed more than lower status students (rejected and neglected). They were also more involved in extracurricular school activities and received more social honors from their schoolmates. Although the higher status students were more alike than different, controversial adolescents did report more self-disclosure and dating behavior than popular students. Lower status students were also highly similar, although rejected students reported lower grades
Adolescent Loneliness, Self-Disclosure, and Private Self-Consciousness: A Longitudinal Investigation
Examined the causal relations that exist among loneliness, self-disclosure, and private self-consciousness, building on an earlier study by S. L. Franzoi and M. H. Davis (see record 1985-19892-001). Using structural equation techniques and a longitudinal design, a theoretical model that links these variables was tested with 332 high school students. Results indicate a good fit between the theoretical model and the observed relations. Evidence concerning 2 alternative interpretations of the original Franzoi and Davis study is provided. First, the original hypothesis that private self-consciousness leads to greater self-disclosure to peers is supported, but no support for the alternative view that such disclosure in turn increases private self-consciousness is provided. Second, the original hypothesis that greater self-disclosure reduces loneliness and the alternative view that greater loneliness reduces self-disclosure receive some support from the data. The difficulty in obtaining significant longitudinal paths (from Year 1 to Year 2) suggests that the time lags in the variables\u27 effects on one another are relatively short
Superconducting Cosmc Strings and Primordial Magnetic Fields
We consider grand unified theories with superconducting cosmic strings and
which admit the mechanism for generating primordial magnetic fields recently
discussed by Vachaspati. We show that these models are severely constrained by
cosmological arguments. Quite generically, either stable springs or vortons
will form. Provided the mass per unit length of the strings is sufficiently
large, these stable configurations will overclose the Universe.Comment: BROWN-HET-830, 14 pages, use phyzz
Optimal investment under partial information
We consider the problem of maximizing terminal utility in a model where asset prices are driven by Wiener processes, but where the various rates of returns are allowed to be arbitrary semimartingales. The only information available to the investor is the one generated by the asset prices and, in particular, the return processes cannot be observed directly. This leads to an optimal control problem under partial information and for the cases of power, log, and exponential utility we manage to provide a surprisingly explicit representation of the optimal terminal wealth as well as of the optimal portfolio strategy. This is done without any assumptions about the dynamical structure of the return processes. We also show how various explicit results in the existing literature are derived as special cases of the general theory
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