We investigate what drives responsible investment of European pension funds. Pension funds are institutional investors who assure the income of part of the population for a long period of time. Increasingly, stakeholders hold pension funds accountable for the non-financial consequences of their investments and many funds have engaged in responsible investing. However, it appears that there is a wide difference between pension funds in this respect. We investigate what determines pension funds’ responsible investments on the basis of a survey of (...) more than 250 pension funds in 15 European countries in 2010. We use multinomial logistic regression and find that especially legal origin of the country, ownership of the pension fund and fund size-related variables are to be associated with pension funds′ responsible investment. For fund size, we establish a curvilinear relationship; especially the smallest and largest pension funds in the sample tend to engage with responsible investing. (shrink)
During the past 40 years, the Philosophy for Children movement has developed a dialogical framework for education that has inspired people both inside and outside academia. This article concentrates on analysing the historical development in general and then taking a more rigorous look at the recent discourse of the movement. The analysis proceeds by examining the changes between the so-called first and second generation, which suggests that Philosophy for Children is adapting to a postmodern world by challenging the humanistic ideas (...) of first-generation authors. A new understanding of childhood is presented by second-generation authors as giving possibilities for the subject to emerge in truly philosophical encounters. This article tries to show some of the possibilities and limits of such an understanding by considering the views in the light of general educational theorisations concerning pedagogical action. The continental tradition of European educational discourse, especially in the German-speaking regions, has stressed a necessity for asymmetry in the educational relationship. This line of thought is in conflict with the idea of a symmetrical, communal emergent system, which seems to be at the heart of second-generation understanding of educational philosophical dialoguing. The concluding argument states that in education we are always confronted with questions about purpose and aims, which have a special character in relation to pure philosophy /dialogue, although the philosophical/dialogical dimension is necessary for the emergence of unique subjectivity. (shrink)
Parents and their child's class‐teachers were instructed to rate the child's potential for improvement in mathematics and Finnish. The results showed that there was a moderate correlation between the parents' and teachers' ratings. The parents rated their child's potential more optimistically than the teachers did. Views of malleability may be seen as a potentially important factor in defining the child's educability.
We discuss the relationships between positional rules (such as plurality and approval voting as well as the Borda count), Dodgson’s, Kemeny’s and Litvak’s methods of reaching consensus. The discrepancies between methods are seen as results of different intuitive conceptions of consensus goal states and ways of measuring distances therefrom. Saari’s geometric methodology is resorted to in the analysis of the consensus reaching methods.
Public communication is secure if a hostile third-party cannot decode the messages exchanged by the communicating parties. In Nash equilibrium, communication by computationally unbounded players cannot be secure. We assume complexity averse players, and show that a simple, secure, and costless communication protocol becomes available as the marginal complexity cost tends to zero.
Philip Corrigan and Derek Sayer introduced the concept of moral regulation to contemporary sociological debate in their historical sociology of English State formation, The Great Arch (1985). In their work they fuse Durkheimian and Foucauldian analysis with a basic Marxist theory. However, this framework gives too limited a perspective to their analysis. I suggest that moral regulation should not be seen as a monolithic project, as merely action by and for the State, nor as activity by the ruling elite only. (...) It should be seen as a form of social control based on changing the identity of the regulated. Its object is what Weber calls Lebensfuhrung, which refers to both the ethos and the action constituting a way of life. The means of moral regulation are persuasion, education, and enlightenment, which distinguishes it from other forms of social control. Analyzing the social relations of moral regulation provides a useful perspective on this form of social action. (shrink)
It is well-known that different social choice procedures often result in different choice sets. The article focuses on how often this is likely to happen in impartial cultures. The focus is on Borda count, plurality method, max-min method and Copeland's procedure. The probabilities of Condorcet violations of the Borda count and plurality method are also reported. Although blatantly false as a descriptive hypothesis, the impartial culture assumption can be given an interpretation which makes the results obtained in impartial cultures particularly (...) significant, viz. the probabilities of deviations in choice sets indicate how far apart are the intuitions underlying various choice procedures. -/- . (shrink)
This paper examines the contribution of parents? education and children?s gender on parental expectations of their children?s future education and the role of parental perceptions of their child?s competencies in the formation of their expectations. A group of university and vocationally educated parents (N = 418) were asked to estimate the probability of their child entering gymnasium (high school) or vocational education and assess the child?s competencies, first in preschool, and then at the end of the third school year. It (...) was found that the education and gender?bound differences in the parental expectations were established before the child entered school, and by the end of the third school year the relationships between expectations and competence assessments strengthened and were more uniform among the parents. The findings suggested that the parental assessments of their child?s abilities can be regarded as a potentially important social?psychological process through which social differences are transformed into the individualized interpretations of the child?s educational prospects. (shrink)
This article introduces comparative process tracing as a two-step methodological approach that combines theory, chronology, and comparison. For each studied case, the processes leading “from A to B” are reconstructed and analyzed in terms of ideal-type social mechanisms and then compared by making use of the identified mechanisms and ideal-type periodization. Central elements of CPT are path dependence, critical junctures and focal points, social mechanisms, context, periodization, and counterfactual analysis. The CPT approach is described, discussed, and compared with more formal (...) and deterministic forms of process tracing, which are found to be less fruitful for systematic comparison. (shrink)
Translation, Walter Benjamin says, grants to a work its future survival, the living-on of what is essential in it; yet even for Benjamin, the relevance of a translation, as guarantor of such survival, remains premised, even if only tangentially, on a notion of correctness which, whether semantic or stylistic, risks reducing survival to the mere prolongation of a life already bounded. This essay, tracing the history of a mistranslation as it figures in Shakespeare's Julius Caesar, proposes to read, in a (...) deconstructive gesture that affirms life as openness, the paradoxical forms of survival to which an irrelevant and incorrect translation may chance to give birth. (shrink)
The difficulty of making social choices seems to take on two forms: one that is related to both preferences and the method used in aggregating them and one which is related to the preferences only. In the former type the difficulty has to do with the discrepancies of outcomes resulting from various preference aggregation methods and the computation of winners in elections. Some approaches and results which take their motivation from the computability theory are discussed. The latter ‘institution-free’ type of (...) difficulty pertains to solution theory of the voting games. We discuss the relationships between various solution concepts, e.g. uncovered set, Banks set, Copeland winners. Finally rough sets are utilized in an effort to measure the difficulty of making social choices. (shrink)
This article elaborates on Christopher Norris's claim that certain aspects of Derrida's work are amenable to formalisation in modal-logical terms. Norris contends that any adequate analysis of the logic behind Derrida's work must provide an account of the notions of possibility, necessity, and necessary possibility, particularly as they are related to Derrida's notion of iterability. This article examines the further hypothesis that Derrida's understanding of modality, according to which possibilities must be accounted for even if they are never realised, might (...) even better be described in terms of possible worlds. In possible-worlds semantics, the conceptual meaning of a statement is constituted by the set of alternative contexts in which that statement is true. This article argues, however, that possible-worlds semantics would be unthinkable without the experience that one referent can be substituted for another. The possibility of this experience is best described in Derridean terms. Read through Derrida's thought of the trace, the properly semantic substitutions may come to be seen as dependent on the substitution of the thing for itself; on what Derrida calls ‘the substitution of the unique for the unique’. (shrink)
The facts to be proven in a lawsuit can be more or less probable. But the recognition of the relevant facts may require discretion or evaluative operations; moreover, a just and equitable interpretation of a contract may depend on what the contracting parties knew about the intentions of each other. Can, e.g., negligence be more or less probable? Can Ought be proven? There is, however, a structural similarity between legal interpretation and the evalution of evidence and not only an intertwinement (...) between the so-called questions of fact and the questions of law. A number of situations is briefly analysed: the interpretation of contracts, the interest of the child, the basic concepts of the law of torts and the criminal intent. (shrink)
Cowan's analysis of human short-term memory (STM) and attention in terms of processing limits in the range of 4 items (or “chunks”) is discussed from the point of view of cognitive neuroscience. Although, Cowan already provides many important theoretical insights, we need to learn more about how to build further bridges between cognitive psychology and cognitive neuroscience.
This study sets out to examine Finnish and Russian children?s representations of intellectual competence as contextualised in the hierarchies of abilities, age and gender. Finnish and Russian pupils, aged 11?12?years, were asked to draw pictures of an intelligent person and an ordinary person. It was found that gender appearance of intelligent men and women was less heterosexual than that of ordinary men and women. In Russian pictures, the intelligent characters, especially women, were widely separated from the ordinary ones in terms (...) of cognitive-mental features. In Finnish depictions, the differentiation between the intelligent and ordinary characters, especially women, was not so categorical and was primarily based on status. It appears that Russian children are apt to relate their representations of intellectual ability to the institutionalised systems of cognitive competence, education and science, whereas Finnish children associate intelligence to social success as well. Further, cultural and gender-related hierarchies of age seemed to reflect in the children?s images. (shrink)
Cultural historical research has deliberately challenged “historical realism,” the view that history is comprised entirely of observable actions that actually occurred, and instead has emphasized the historical significance of thoughts, emotions, and representations; it has also focused on the invisible, the momentary, and the perishable. These latter elements introduce the notion of the possible in history. This article examines the ways in which cultural history has approached the notion of the possible, as well as the methodological and theoretical implications of (...) this approach. Its chief claim is that the idea of possibility is fundamental for the concept of culture and ineliminable from its historical study.The question of possibility is present in multiple ways in the study of history; it is important to distinguish among different levels of possibility. The possible may mean, for instance, what it is possible for historians to know about the past, or the possibilities open to historical agents themselves, or, indeed, the possibilities they perceived themselves as having even if these seem impossible from the point of view of the historian. The article starts with the first aspect and moves on toward the possibilities that existed in the past world either in fact or in the minds of those in the past.The article argues that the study of past cultures always entails the mapping of past possibilities. The first strand of the essay builds on the metaphor of the black hole and intends to solve one of the central problems faced by cultural historians, namely, how to access the horizon of the people of the past, their experience of their own time, especially when the sources remain silent. The second, more speculative strand builds on the notion of plenitude and is designed to open up avenues for further discussion about the concept of culture in particular. (shrink)
This longitudinal study set out to examine, in the light of the parents’ education and gender and the child’s gender, the changes that occurred in the course of five years in parents’ satisfaction with the functioning of their child’s school. Academically and vocationally educated mothers and fathers were asked to indicate their satisfaction with different aspects of their child’s school at the end of the first, third and fifth school year. It was found that the level of parental satisfaction was (...) fairly high at the start, and despite a decreasing trend, it remained high; parental satisfaction was widely shared, and the number of dissatisfied parents remained small and stable. The academic parents displayed more satisfaction with their child’s school success and the fairness of the treatment than the vocational parents did. The results are discussed in terms of educational policy. (shrink)
In the course of their child?s school years, a group of parents were asked to assess their child?s mathematical competence and indicate whether they endorsed the gender stereotype pertaining to it. Once the child had entered upper primary school, the consistent stereotypic parents tended to rate their boys? mathematical competence higher than the parents of girls did. Additionally, the parents whose attitude turned into an anti?stereotypical one perceived their girls? mathematical competencies as higher than those of the boys, which was (...) related to their perception that the boys? competencies were getting worse while the girls? competencies were getting better. (shrink)
In the present study a group of parents with a child in preschool were asked to give evaluative recollections of their own primary school and then to indicate the level of their satisfaction with the functioning of their child's school repeatedly in the course of the child's compulsory education. Across the follow‐up, the parents with positive recollections showed more satisfaction than those with negative recollections did. Over the years, the level of satisfaction decreased in all other groups but the fathers (...) with positive recollections. Parents' recollections may be seen as an experience‐based component of their attitudes towards education. (shrink)
Though not categorically opposed to the idea, Finnish parents tended to resist rather than endorse the view of parents as tax payers who can make demands for the efficacy of schooling and expected teacher performance. However, parents with vocational training tended to resist this view less than parents from higher educational groups. Additionally, dissatisfaction with a child?s primary schooling and support for a selective educational policy were both associated with a tendency to view this role in a relatively positive light.
From the 1980s onward income inequality increased in many advanced countries. It is very difficult to account for the rise in income inequality using the standard labour supply/demand explanation. Fiscal redistribution has become less effective in compensating increasing inequalities since the 1990s. Some of the basic features of redistribution can be explained through the optimal tax framework developed by J.A. Mirrlees in 1971. This Element surveys some of the earlier results in linear and nonlinear taxation and produces some new numerical (...) results. Given the key role of capital income in the overall income inequality it also considers the optimal taxation of capital income. It examines empirically the relationship between the extent of redistribution and the components of the Mirrlees framework. The redistributive role of factors such as publicly provided private goods, public employment, endogenous wages in the overlapping generations model and income uncertainty are analysed. (shrink)