IMPACTS OF SOCIAL CAPITAL ON INVESTMENT BEHAVIOR UNDER RISK

Implicit in most applications of the expected utility (EU) model is the assumption that only the decision maker's own income matters. Moreover, studies that estimate risk preferences typically measure how individuals respond to changes in the level and likelihood of having their own income altered (Young). The focus on own income in the EU model is consistent with the assumption most often applied in the neoclassical economic paradigm; namely, that the identity of participants in an economic exchange does not affect the outcome (Telser and Higinbotham).Institutional and Behavioral Economics, Risk and Uncertainty,

SOCIAL CAPITAL AND RISK RESPONSES

The economic well-being of economic agents is assumed to be interpersonally dependent. The extent of this interpersonal dependency varies according to the strength of relationships, values, and social bonds and is measured using social capital coefficients in a neoclassical model in which agents with stable preferences maximize utility. The model's predictions are tested empirically by asking agents how their willingness to bear a risk is altered when their refusal to accept the risk increases the risk faced by others.Institutional and Behavioral Economics, Risk and Uncertainty,

SOCIAL CAPITAL AND ECONOMIC COOPERATION

The socioeconomic movement is an effort to better explain human behavior by combining insights of economists and sociologists. This paper contributes to the socioeconomic literature by including the influence of relationships, values, and social bonds in the neoclassical economic model by introducing social capital coefficients. The usefulness of the resulting social capital model is demonstrated theoretically in a two-firm cooperative model and tested empirically using data from a survey of students who allocate their time between individual and joint projects.Social capital, Social capital coefficients, Total revenue-equity frontier, Institutional and Behavioral Economics,

CHARACTERISTICS OF FARMLAND LEASING IN THE NORTH CENTRAL UNITED STATES

Leasing behavior differs across the North Central United States. Survey data is used to characterize leasing activity in the region. Data is collected on the amount of leased farmland, amount of cash and share leased land, and common output share levels. Factors influencing leasing and arrangements are also identified.Land Economics/Use,

Effects of Feeding by Two Folivorous Arthropods on Susceptibility of Hybrid Poplar Clones to a Foliar Pathogen

We investigated variation in folivore-induced effects on subsequent plant suitability to a foliar pathogen. We used a leaf disk assay to expose three clones of hybrid poplar, NC11382, NE332 and NM6, to colonization by a leaf spot pathogen, Septoria musiva. Undamaged leaf disks of NE332 were the most resistant to S. musiva, followed by NM6 and NC11382, respectively. To test the effects of prior herbivory on subsequent susceptibility to this fungal pathogen, we inoculated S. musiva on leaf disks taken from leaves which had been exposed to feeding by Tetranychus mites or cottonwood leaf beetles. Prior activity by mites and cottonwood leaf beetle affected the subsequent susceptibility of clones NC 11382 and NE332 to S. musiva

Research in space physics at the University of Iowa, 1982

The energetic particles and the electric, magnetic, and electromagnetic fields associated with the Earth, the Sun, the Moon, the planets, comets, and the interplanetary medium are examined. Matters under current investigation are following: energetic particles trapped in the Earth's magnetic field, origin and propagation of very low frequency radio waves and electrostatic, the magnetospheres of Jupiter, Saturn and prospectively Uranus and Neptune, diffusion of energetic particles in Saturn's magnetosphere, radio emissions from Jupiter and Saturn, solar modulation and the heliocentric radial dependence of the intensity of galactic cosmic rays, interplanetary propagation and acceleration of energetic particles, the theory of wave phenomena in turbulent plasmas, and basic wave-particle-chemical processes in the ionospheric plasma

Distinguishing wet from dry age-related macular degeneration using three-dimensional computer-automated threshold Amsler grid testing

Background/aims: With the increased efficacy of current therapy for wet age-related macular degeneration (AMD), better ways to detect wet AMD are needed. This study was designed to test the ability of three-dimensional contrast threshold Amsler grid (3D-CTAG) testing to distinguish wet AMD from dry AMD. Methods: Conventional paper Amsler grid and 3D-CTAG tests were performed in 90 eyes: 63 with AMD (34 dry, 29 wet) and 27 controls. Qualitative comparisons were based upon the three-dimensional shapes of central visual field (VF) defects. Quantitative analyses considered the number and volume of the three-dimensional defects. Results: 25/34 (74%) dry AMD and 6/29 (21%) wet AMD eyes had no distortions on paper Amsler grid. Of these, 5/25 (20%) dry and 6/6 (100%) wet (p=0.03) AMD eyes exhibited central VF defects with 3D-CTAG. Wet AMD displayed stepped defects in 16/28 (57%) eyes, compared with only 2/34 (6%) of dry AMD eyes (p=0.002). All three volumetric indices of VF defects were two- to four-fold greater in wet than dry AMD (p<0.006). 3D-CTAG had 83.9% positive and 90.6% negative predictive values for wet AMD. Conclusions: 3D-CTAG has a higher likelihood of detecting central VF defects than conventional Amsler grid, especially in wet AMD. Wet AMD can be distinguished from dry AMD by qualitative and quantitative 3D-CTAG criteria. Thus, 3D-CTAG may be useful in screening for wet AMD, quantitating disease severity, and providing a quantitative outcome measure of therapy

Compaction and Chemical Grouting for Drain Tunnels in Phoenix

Ground runs during ml.m.ng of the Papago Freeway Drain Tunnels posed significant potential risk to utilities, street pavement, and buildings located above and adjacent to one of the three tunnel alignments. Ground response to the larger ground runs resulted in open chimneys and settlement of the ground surface of up to several feet. Modifications to the tunneling machine included addition of poling plates and breasting boards. Further modification to the tunneling method included use of compaction grouting in conjunction with mining for the entire length of one tunnel alignment, and use of chemical grouting to prestabilize the ground surrounding the tunnel opening in areas of high risk utilities and in areas where subsurface conditions suggested that running ground would be encountered during mining. This paper presents a summary of the ground behavior with and without the compaction and chemical grouting and describes the grouting methods