The Politics of Property in Planning: Hezbollah's Reconstruction of Haret Hreik (Beirut,Lebanon) as Case Study

This research looks at post‐2006‐war reconstruction of the southern suburbs of Beirut under the auspices of Hezbollah (the Islamic resistance movement in Lebanon). The project was widely acclaimed as an alternative to current neoliberal planning practices in the Middle East and beyond. Based on a critical reading of the conception of property issues in this planning project, the article argues that this reconstruction presents a new geometry or alternative to the mainstream configuration of neoliberal urbanism, rather than a departure from its precepts. The reason for this is that the adopted language of property corresponds closely with the conception of property advocated by neoliberal planning, one that enshrines private, individual ownership as sacred and desirable and that works to strengthen its model in the city. I further argue that the ‘neoliberal planning regime’ within which Hezbollah's urban intervention occurs is not accidental; rather, it is necessary for the party's control of this space's future and for consolidating its territory in the city. It is hence expected that Hezbollah's planning in the city will produce the same decried effects as neoliberal planning elsewhere in the city rather than usher an innovative, progressive model of planning.     

‘Chained to my work'? Strategies to manage temporal and physical boundaries among self‐employed teleworkers

It is accepted that teleworkers generally manage the balance between their home and working lives by establishing temporal and physical boundaries between the two along a continuum of role integration–segmentation. What is less understood is the nature of the relationship between temporal and physical boundaries, and how teleworkers control constituent elements of physical boundaries to secure their preferred location along the continuum. Based on 20 interviews with self‐employed teleworkers, this article examines the ways in which successful control of time depends largely on the successful control of space. It investigates in particular how teleworkers attempt to control space by breaking it down into constituent elements involving equipment, activities and ambiance.     

THE IMPLICATIONS OF TRADER COGNITIVE ABILITIES ON STOCK MARKET PROPERTIES

Market structure and individual rationality remain at the centre of a debate as to which is the main driving force in market performance. We examine the role of individual rationality, comparing zero‐intelligence traders with traders with different levels of intelligence using a special adaptive form of strongly typed genetic programming‐based learning algorithm. We use this approach with real data: historical quotes of the S&P 500 and Coca‐Cola stock prices. We find a mixture of positive and negative impacts from intelligence on market performance. Because the concept of market structure as a driving force has been significantly challenged in the literature, we suggest that the inclusion of both intelligence and market structures is important when examining the driving forces of market performance. This inclusion is consistent with the research of Todd and Gigerenzer (Journal of Economic Psychology, 24 (2003) 143–165), which asserts that both environment (market structure) and agents’ cognition play important roles. Copyright © 2013 John Wiley & Sons, Ltd.     

How important is improving food availability for reducing child malnutrition in developing countries?

Do increases in the food supply per person in a country, i.e., national food availability, contribute substantially to reductions in malnutrition among its children? This paper sets out to answer this controversial question using panel data from 63 developing countries over 1970–1996. This paper gives evidence in support of a statistically significant and strong positive impact of national food availability on child nutrition, finding that increased food supplies have resulted in significant reductions in malnutrition since the 1970s despite population increases over the period. However, per‐capita food supplies have a declining marginal impact: their effect is quite strong for countries with very low food availability (e.g., most countries in sub‐Saharan Africa and South Asia), but weak or non‐existent for those with high levels (e.g., most countries in the Near East and North Africa). Further, non‐food factors, such as women's education and status and the quality of health environments, are also important determinants of children's nutritional status. Depending on the state of food availability in any particular geographic area and relative costs, these factors may merit greater priority in policies to reduce malnutrition.     

INTRAHOUSEHOLD INEQUALITY AT DIFFERENT WELFARE LEVELS: ENERGY INTAKE AND ENERGY EXPENDITURE DATA FROM THE PHILIPPINES*

ABSTRACTS This paper investigates the relationship between intrahousehold inequality and levels of household welfare. Under certain conditions it is demonstrated — with both the unitary model of the household and with some collective models — that the relationship between household welfare and inequality within the household can have an inverted u-shape. Using two sets of calorie adequacy data from a sample of 455 households in the Philippines, a spline analysis is used to test the hypothesis that inequality within the household first increases and then decreases as per capita household total expenditure increases. The two sets of calorie adequacy data are based on repeated 24- hour recalls of dietary intake, and on calorie requirements that are unadjusted and then adjusted for individual activity patterns. Results indicate that once activity patterns are accounted for, calorie intake shortfalls are borne fairly equally within the household at all per capita household total expenditure levels.     

OVER-THE-COUNTER FIRMS,ASYMMETRIC INFORMATION,AND FINANCING PREFERENCES

A puzzling empirical finding is that firms often seem to follow a pecking-order hierarchy of financing. Asymmetric information has been hypothesized as one possible explanation for the pecking-order hierarchy. A survey of Fortune 500 firms found strong support for the pecking-order model. This study surveys over-the-counter firms which seem more likely to experience asymmetric information than the Fortune 500. The findings of this study provide empirical support for the asymmetric information hypothesis by demonstrating that managers of firms with greater asymmetric information are more likely to believe their stock is mispriced leading them to follow the pecking-order model of financing.