Opportunity is not everything

We experimentally investigate in village India how belief systems that hierarchize social groups affect the groups’ responses to economic opportunities. Earlier we found that making caste salient hurt low caste performance both absolutely and relative to the high caste's. To examine the possible role of mistrust, we manipulate the scope for discretion in rewarding performance. When offered a gamble in which success mechanically triggers rewards, making caste salient has no significant effect. Instead, it is in the case with scope for discretion that making caste salient creates a large caste gap in the proportion of subjects who refuse the gamble.     

The Texaco incident

The topic of this paper concerns corporate responsibility and worker safety. In particular it focuses on the notions of willing and intending and how these relate to risk-taking in the workplace. I discuss the metaphysical status of the corporation, the distinction between willing and intending and the motivations of each, and Austin's distinction between accidents and mistakes in light of a single industrial accident which occurred at the Texaco Oil Refinery, Port Arthur, Texas, in October, 1982. My aim is to argue that corporations do not alleviate themselves from moral responsibility in the workplace solely because they might not intend to produce harm in a given situation. Joan Catherine Whitman Hoff is Assistant Professor of Philosophy at Bentley College. She has been given the NEH 1983 Summer Seminar for College Teachers award and the Northern Kentucky University 1985 Faculty Summer Fellowship. Her most important publications, with J. Ferrante Wallace, Women in Sports and The Black Athlete, appear in Sports History: Selected Materials from Colleges and Universities (eds. D. A. Novern and L. E. Ziewarz).Many sincere thanks to the NEH for having provided the time and money for this research, to Dr. Peter French for his helpful seminar, and to Mr. Peter Applebome for his stimulating comments.     

Paths of Institutional Development: A View from Economic History

This article surveys an influential new research program onhistorical paths of institutional development and their consequencesfor growth. The research program exploits the experience ofEuropean colonialism as a kind of "natural experiment" whoseresults bear on the way institutions affect development. Thecentral hypothesis of this research is that societies that beganwith more extreme inequality were more likely to develop institutionsallowing much of the population only limited access to economicopportunities. The research has uncovered a striking reversalof fortune among the areas colonized by Europe; those that wererelatively rich in the 1600s are today far poorer than the areas(such as the United States and Canada) that initially were viewedas relatively undesirable. The timing of the reversal—atthe onset of the Industrial Revolution, when there was probablya premium on broad participation in commercial activity—suggeststhat institutions associated with high inequality may be a causalfactor in low aggregate incomes. This research program is stillin its early stages. But studies of institutions in India usingdata rich enough to permit hypothesis-testing provide evidencesupporting the hypotheses developed in the analysis of the Europeancolonial experience.      

The role of the physical work environment for creative employees – a case study of digital artists

The purpose of the study was to explore the role of the physical environment for creative employees. The results are based on interviews with office-working digital artists. The physical work environment was considered to offer three types of support for creative work for the participants: functional, psychosocial and inspirational. Creative processes would find better breeding ground if functional support, such as adequate lighting and tools, and psychosocial support, such as spatial possibilities for both privacy and communication, were provided. Without inspirational support, such as brainstorming rooms, dynamic planning and imaginative interior design, the work outcome was believed to become less creative. The physical environmental support model can be used by companies with an interest to provide creativity supportive workplaces.     

The Forward Premium in the Nord Pool Power Market

This article investigates the forward premium of futures contracts in the Nordic power market for the time period from January 2004 to December 2013. We find that futures prices are biased predictors of the subsequent spot prices and that there is a significant forward premium in the Nord Pool market, particularly during the winter and autumn. We analyze the impact from several factors on the forward premium. The spot price, and the deviation of water inflow from its usual level, positively affect the forward premium. The variance of the spot price also has a positive effect on the forward premium, but only for the contract closest to delivery.     

Students,ethics and surveys

In a recent article in this Journal Grant and Broom reported on a survey which they conducted concerning student attitudes toward ethics. They suggest that while their findings are only preliminary, such surveys can help instructors and schools to determine what type of ethical training a person from a particular demographic background might need. Likewise they may very well help a student's future employer determine the ethics he or she has based on the type of institution he or she attended. However, it is my contention that there are a number of problems inherent in the process and the interpretation which Grant and Broom suggest. I discuss these problems herein. J. Whitman Hoff is Assistant Professor of Philosophy at Bentley College. She has been awarded a number of grants including participation in two NEH Summer Seminars For College Teachers. She has published in the areas of business ethics, aesthetics and sports history. In addition to business ethics, she is currently doing research in the area of children's rights and is working on a book, Philosophical Issues in the Stepfamily.