Trust,trustworthiness, and traditional Islamic education

This paper examines traditional Islamic school (i.e. madrasah) attendance as a determinant of social attitudes among secondary-schooled adolescents in rural Bangladesh. Although both recognized and traditional madrasah-enrolled adolescents show greater support for charity, we find no evidence that traditional madrasah attendance promotes “trust in others”. Attendance at recognized madrasahs, which use a state-approved curriculum, however, significantly increases social trust. The madrasah–trust connection is not explained by the role of teachers’ attitudes towards trust or professional background. Nor do we find evidence that the absence of an effect of traditional madrasah attendance on social trust is driven by their geographic locations. Given the differences between the two groups in terms of stated social preferences, our analysis warns against the practice of lumping state-recognized madrasahs and traditional madrasahs into one category.     

Gentrification in Hong Kong? Epistemology vs. Ontology

This article examines the transferability of the concept of gentrification away from its Anglo‐American heartland to the cities of Asia Pacific and specifically Hong Kong. An epistemological argument challenges such theoretical licence, claiming that conceptual overreach represents another example of Anglo‐American hegemony asserting the primacy of its concepts in other societies and cultures. Past research suggests that if gentrification exists in Asia Pacific cities it bears some definite regional specificities of urban form, state direction and, most surprising from a Western perspective, a potentially progressive dimension for some impacted residents. Closer examination of urban discourse in Hong Kong is conducted through analysis of English and Chinese language newspapers. In both instances, gentrification is barely used to describe the pervasive processes of urban redevelopment, which otherwise receive abundant coverage. Interviews with local housing experts confirm the marginality of gentrification in academic and public discourse, and the power of a local ideology that sees urban (re)development unproblematically as a means of upward social mobility. However, in the decade‐long housing bust after 1997, growing inequality has encouraged a nascent class analysis of the property market, an ontological awakening that may prove more favourable to the identification of gentrification in an Asia Pacific idiom.     

Panel Data Analysis of Regional Differentials in the Registered Voter Turnout Rate and the Expected Benefits of Voting for Minorities

Voter participation rates vary widely across the 50 states. We seek to identify a source of this interstate variation, focusing upon the 2000, 2004, 2008, and 2012 general elections. Of note is that the latter two general elections featured a minority (i.e., African-American) nominee for president from one of the major political parties. Within the context of the rational voter model, we hypothesize that the presence of a minority candidate atop the ticket will boost minorities’ expected net benefits from voting, with the result that minority voter participation will be higher. Based on cross-sectional fixed-effects estimations, we find that states’ voter participation rates were unaffected by the percent of the population that was either African-American or Hispanic for the 2000 and 2004 election cycles, while states’ voter participation rates were positively related to the percent of the population that was either African-American or Hispanic for the 2008 and 2012 election cycles.     

The All‐Pay Auction with Nonmonotonic Payoff

I model innovation contests as an all‐pay auction in which it is possible not to achieve successful innovation despite costly R&D investments, and as a result, there is no winner. In such a case, the winning payoff turns out to be nonmonotonic in own bid. I derive the sufficient conditions for the existence of pure strategy equilibria, and fully characterize the nondegenerate mixed strategy equilibrium. In the mixed strategy equilibrium, the support of the low‐value bidder is not continuous, and both the high‐value and the low‐value bidders place an atom in the (distinct) lower bound of their respective support. Under symmetric valuation, both bidders place an atom at zero. These results can explain why one does not observe very low quality innovation in real life, or why even symmetric firms may stay out of an innovation contest.     

Comparative assessment of state involvement in the economy in OECD studies

The role and features of state involvement in the economy have been analyzed based on the system of special indicators of the countries of the Organization for Economic Cooperation and Development (OECD). The change in the nature of state influence on the economic system in the geopolitical context that manifests at the national and international levels has been shown. The state uses various economic policy instruments, including soft power in the form of sanctions and countermeasures, which make it possible to strengthen its control of the economy. In the past two years, this tactic has manifested in Russia’s relations with Western countries.     

THE DECISION TO DEMUTUALIZE: AN EXPLORATION OF THE DRIVERS OF ORGANIZATIONAL CHANGE WITHIN THE AUSTRALIAN LIFE INSURANCE MARKET

The restructuring of the financial landscape that has occurred in the last three decades, has led to a reassessment of co‐operative models of organization. An outcome of this process has been the demutualization of mutual financial organizations. Using a case study approach this paper analyses the pressures on mutual structures encountered by Australian mutual life insurers. Such an approach provides a number of insights into the way in which firms adjust to changes in regulatory and competitive environments. It is concluded that a number of exogenous and endogenous forces combined to drive the process of organizational change.     

Analysis of the status and trends of applications of advanced manufacturing technologies in Russia

The article has analyzed trends in applying advanced manufacturing technologies in Russia in 2005–2014. The dynamics of technical process structures in the context of applications has been considered. The dynamics of the age structure and the structure of technologies in use in annual terms by the place of acquiring has been assessed. The start-up, availability, and removal balance of technologies has been formed, the effective start-up level, and possible ways to improve the state statistical indicators of innovation development have been determined.