Relativity, rank and the utility of income

This is the accepted version of the following article: Rablen, M. D. (2008), Relativity, Rank and the Utility of Income. The Economic Journal, 118: 801–821, which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0297.2008.02143.x/abstract.Relative utility has become an important concept in several disjoint areas of economics. I present a cardinal model of income utility based on the supposition that agents care about their rank in the income distribution and that utility is subject to adaptation over time. Utility levels correspond to the Leyden Individual Welfare Function while utility differences yield a version of the prospect theory value function, thereby providing a new and shared derivation of each. I offer an explanation of some long-standing paradoxes in the wellbeing literature and an insight into the links between relative comparisons and loss aversion.ESR

Delayed Gratification in Blacks: A Critical Review

Research on the delay of gratification in Blacks was critically reviewed. The methodology typically em ployed to investigate this construct involves offering the individual a choice of obtaining either a small, im mediate reward or a large, delayed reward. Contrary to previous reports, it is argued here that the evidence divides published studies into those demonstrating overall patterns of nonpreference for delayed versus immediate rewards and those demonstrating overall or partial patterns of preference for delayed rewards among Blacks. Little empirical evidence is provided in the literature of a tendency for Blacks to prefer im mediate gratification, or of the relationship of such behavior to other personality characteristics.Yeshttps://us.sagepub.com/en-us/nam/manuscript-submission-guideline

Association of genetic vatiation within UBL5 with phenotypes of metabolic syndrome

The BEACON gene was initially identified using the differential display polymerase chain reaction on hypothalamic mRNA samples collected from lean and obese Psammomys obesus, a polygenic animal model of obesity. Hypothalamic BEACON gene expression was positively correlated with percentage of body fat, and intracerebroventricular infusion of the Beacon protein resulted in a dose-dependent increase in food intake and body weight. The human homolog of BEACON, UBL5, is located on chromosome 19p in a region previously linked to quantitative traits related to obesity. Our previous studies showed a statistically significant association between UBL5 sequence variation and several obesity- and diabetes-related quantitative physiological measures in Asian Indian and Micronesian cohorts. Here we undertake a replication study in a Mexican American cohort where the original linkage signal was first detected. We exhaustively resequenced the complete gene plus the putative promoter region for genetic variation in 55 individuals and identified five single nucleotide polymorphisms (SNPs), one of which was novel. These SNPs were genotyped in a Mexican American cohort of 900 individuals from 40 families. Using a quantitative trait linkage disequilibrium test, we found significant associations between UBL5 genetic variants and waist-to-hip ratio (p = 0.027), and the circulating concentrations of insulin (p = 0.018) and total cholesterol (p = 0.023) in fasted individuals. These data are consistent with our earlier published studies and further support a functional role for the UBL5 gene in influencing physiological traits that underpin the development of metabolic syndrome.<br /

Discovery of expression QTLs using large-scale transcriptional profiling in human lymphocytes

Quantitative differences in gene expression are thought to contribute to phenotypic differences between individuals. We generated genome-wide transcriptional profiles of lymphocyte samples from 1,240 participants in the San Antonio Family Heart Study. The expression levels of 85% of the 19,648 detected autosomal transcripts were significantly heritable. Linkage analysis uncovered 41,000 cis-regulated transcripts at a false discovery rate of 5% and showed that the expression quantitative trait loci with the most significant linkage evidence are often located at the structural locus of a given transcript. To highlight the usefulness of this much-enlarged map of cis-regulated transcripts for the discovery of genes that influence complex traits in humans, as an example we selected high-density lipoprotein cholesterol concentration as a phenotype of clinical importance, and identified the cis-regulated vanin 1 (VNN1) gene as harboring sequence variants that influence high-density lipoprotein cholesterol concentrations. Phenotypic differences among individuals are partly the result of quantitative differences in transcript abundance. Although environmental stimuli may influence the location, timing, and/or level of transcription of specific genes, genetic differences among individuals are also known to have a significant role. Transcript levels may be thought of as quantitative endophenotypes that can be subjected to statistical genetic analyses in an effort to localize and identify the underlying genetic factors, an approach that is sometimes referred to as genetical genomics 1 . Using microarray technology, it is now possible to assess the abundance of many transcripts-and, indeed, of the entire known transcriptome-simultaneously. Studies that attempt to localize the genetic regulators of gene expression have been carried out in several species, including yeast 2-5 , plants (maize and eucalyptus) 6,7 , fly 8 , mouse 6,9,10 and rat 11 . Several recent investigations have also focused on humans. In most of these studies, microarray-based gene expression profiles were generated for transformed cell lines derived from lymphocytes from members of the Centre d&apos;Etude du Polymorphisme Humain (CEPH) families 12 , and linkage and/or linkage disequilibrium approaches were used to map the genetic determinants that regulate the expression of individual transcript