Suchergebnisse

This paper explores investor behaviour during the South Sea Bubble—the first major speculative boom and bust on the stock markets. Previous literature debates whether investors during this episode acted rationally. Newly acquired data involving parallel markets for the South Sea Company's stock and subscription receipts are analysed, and widening valuation gaps are observed between these substitutable financial instruments. Rational explanations do not prove adequate, and the anomalies are explained by the biased decision‐making of investors, and their tendency to view financial markets as wagering markets. The implications of these findings for the current debate on rationality in financial markets are identified.

As injuries are the main health threat for young adults (18–29 years) in industrial countries, a better understanding of injury risk is needed for this population. Using the Critical Incident Technique, this study explores how young people experience situations that have the potential to cause physical injury (i.e., near-injury situations). Clearly, understanding how and why near-injury situations arise can be used to develop strategies to help prevent severe injury. Content analysis was used to categorize the characteristics of the experiences into <em>unexpected risk in ordinary tasks</em>, <em>duty first</em>, and <em>price for learning</em>. Young adults' exposures to new or unusual environmental conditions, especially in unexpected risk in ordinary tasks, should be considered when planning injury prevention strategies. A combination of individual, social, and contextual demands and expectations was identified in both work- and sports-related experiences with near-injury situations. The price for learning, which arises from the added risk involved in learning situations, is another condition that was identified and requires further attention. The Critical Incident Technique proved to be a useful method for identifying near-injury situations that might otherwise have been difficult to recall. Young adults' efforts to display their ability to handle difficult situations at work and in their everyday lives was identified as a major contributor to near-injury situations.

1. Political will, self-reliance and economic development : the Eritrean experience / Girmai Abraham. - 21 S.; 3. Technological self-reliance strategies in sub-Saharan Africa / Kofi Afriyie. - 25 S.; 6. The Nkomati accord in retrospect / Douglas G. Anglin. - 16,8 S.; 17. Negotiator queens : market leaders in Kumasi, Ghana / Gracia Clark. - 16 S.; 21. The civil war in the Sudan / Robert O. Collins. - 19 S.; 24. Botswana's Southern African security policy, 1966-1985 / Richard Dale. - 23 S.; 26. Changing donor strategies in the 1980's : a view from the middle ; the case of the Gambia River Development Organization / William Derman. - 20 S.; 31. Methodology in the study of female roles : demographic surveys and Nigerian women / Barbara Entwisle (u.a.). - 17 S.; 34. Small scale enterprises in Zambia / Yacob Fisseha (u.a.). - 22 S.; 60. The closing of a labour frontier : black migrants to the South African gold mines, 1920-1985 / Alan Jeeves (u.a.). - 23 S.; 80. Ideology and praxis in Thomas Sankara's populist revolution of 4 August 1983 in Burkina Faso / Guy Martin. - 22 S.; 87. Nationalism, class, and neo-colonialism : the lessons of Kenya and Tanzania / Charles McKelvey. - 13 S.; 92. Poverty, women and cooperatives in Kenya / Roberta Mutiso. - 18 S.; 98. Domestic crises, regional politics and economic collapse in the Sudan / Marina Ottaway. - 17 S.; 118. Food for work : food aid for development projects ; does it help prevent future famines? / Robert T. Snow. - (ca. 20 S.).; 119. Communication needs in a changing rural environment : Gambian women / Leslie B. Snyder (u.a.). - (ca. 25 S.).; 120. Seychelles economic planning / Donald L. Sparks. - 13 S.; 130. Modes of production, health and health care in Southern Africa / Gloria Waite. - 19 S.; 133. Rural Development from Zambian villager's perspectives / Lee E. Weissling. - 14 S.; 135. Force and political legitimation in Africa : the role of the military / Claude E. Welch, jr. - 28 S.; 139. Ngugi wa Thiong'o's "A grain of wheat" as source of insights for development specialists / Carl Wood. - 13 S

At a time when analysts speak of a lost decade of economic development in Africa, Botswana stands out as an example of successful economic performance. Indeed, Botswana attained the highest rate of economic growth in the world during the period 1965-1985; moreover, it did so as a multiparty liberal democracy, albeit one dominated by one political party. The authors of this book examine Botswana's performance to date, seeking to understand the factors that account for its exceptional status and investigating problem areas that might endanger its achievements. They conclude by considering Botswana's prospects within a changing Southern Africa. (DÜI-Hff)