scholarly journals Assessing Financial Well-Being of Merchants by Analyzing Behavioral Patterns in Historical Transactions

2015 ◽  
pp. 76-93
Author(s):  
Kumar Abhinav Srivastava ◽  
Vivek Kumar Singh ◽  
Burcin Bozkaya ◽  
Alex “Sandy” Pentland
Keyword(s):  
Educational Status ◽  
Well Being ◽  
Two Dimensions ◽  
Behavioral Patterns ◽  
Luxury Goods ◽  
New Approach ◽  
Transaction Data ◽  
Credit Score ◽  
Day Of The Week ◽  
Specific Country

This study focuses on a new approach to estimate financial wellbeing indicators for merchants, by looking at behavioral patterns of their customers using transaction history. The transaction data for about 10,000 merchants in a specific country, was analyzed in terms of diversity and propensity of their customers using factors like age, distance travelled to shop, time of the day for shopping, day of the week for shopping, educational status, gender etc. These factors were used as independent variables to predict the financial well-being of merchants, particularly in two dimensions – total revenue and consistency in revenue, both relative to other merchants in the same industry. The merchants were then also divided into the categories of Essential, Non- essential and Luxury goods depending on the industry they belong to and it was interesting to observe the contrast across categories. The results suggest that behavioral patterns could be used to augment current methods of calculating credit score.

scholarly journals Psychometric properties of the EQ-5D-5L for aboriginal Australians: a multi-method study

2021 ◽  
Vol 19 (1) ◽  
Author(s):  
Pedro Henrique Ribeiro Santiago ◽  
Dandara Haag ◽  
Davi Manzini Macedo ◽  
Gail Garvey ◽  
Megan Smith ◽  
...  
Keyword(s):  
Torres Strait Islander ◽  
Discriminant Validity ◽  
Reference Group ◽  
Characteristic Curve ◽  
Well Being ◽  
Two Dimensions ◽  
Future Research ◽  
Partial Credit Model ◽  
Validity And Reliability ◽  
Torres Strait

Abstract Introduction In Australia, health-related quality of life (HRQoL) instruments have been adopted in national population surveys to inform policy decisions that affect the health of Aboriginal and Torres Strait Islanders. However, Western-developed HRQoL instruments should not be assumed to capture Indigenous conceptualization of health and well-being. In our study, following recommendations for cultural adaptation, an Indigenous Reference Group indicated the EQ-5D-5L as a potentially valid instrument to measure aspects of HRQoL and endorsed further psychometric evaluation. Thus, this study aimed to investigate the construct validity and reliability of the EQ-5D-5L in an Aboriginal Australian population. Methods The EQ-5D-5L was applied in a sample of 1012 Aboriginal adults. Dimensionality was evaluated using Exploratory Graph Analysis. The Partial Credit Model was employed to evaluate item performance and adequacy of response categories. Area under the receiver operating characteristic curve (AUROC) was used to investigate discriminant validity regarding chronic pain, general health and experiences of discrimination. Results The EQ-5D-5L comprised two dimensions, Physiological and Psychological, and reliability was adequate. Performance at an item level was excellent and the EQ-5D-5L individual items displayed good discriminant validity. Conclusions The EQ-5D-5L is a suitable instrument to measure five specific aspects (Mobility, Self-Care, Usual activities, Pain/Discomfort, Anxiety/Depression) of Aboriginal and Torres Strait Islander HRQoL. A future research agenda comprises the investigation of other domains of Aboriginal and Torres Strait Islander HRQoL and potential expansions to the instrument.

scholarly journals Being useful among persons aged over 65: social representations from a cross-sectional European study

2021 ◽  
Author(s):  
Paul de Boissieu ◽  
Serge Guerin ◽  
Véronique Suissa ◽  
Fiona Ecarnot ◽  
Aude Letty ◽  
...  
Keyword(s):  
Social Representations ◽  
Oldest Old ◽  
Educational Status ◽  
Well Being ◽  
European Countries ◽  
City Size ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Socially Isolated ◽  
Quota Sampling

Abstract Background There is a compelling need to prepare our societies and healthcare systems to deal with the oncoming wave of population ageing. The majority of older persons maintain a desire to be valued and useful members of society and of their social networks. Aims We sought to investigate the perception of usefulness among persons aged 65 years and over in four European countries. Methods We performed a cross-sectional survey with a representative sample of individuals aged 65 years or older from the population of retired persons (including recently retired persons and oldest-old individuals) from 4 European countries selected using quota sampling. In February 2016, an internet questionnaire was sent to all selected individuals. The characteristics used for the quota sampling method were sex, age, socio-professional category, region, city size, number of persons in household, autonomy, marital status, place of residence, income and educational status. The questionnaire contained 57 questions. Sociodemographic characteristics were recorded. Responses were analysed with principal components analysis (PCA). Results A total of 4025 persons participated; 51% were males, and 70% were aged 65–75 years. PCA identified six classes of individuals, of which two classes (Classes 2 and 3) were characterized by more socially isolated individuals with little or no sense of usefulness, low self-esteem and a poor sense of well-being. These two classes accounted for almost 20% of the population. Younger and more autonomous classes reported a more salient sense of usefulness. Conclusions The loss of the sense of usefulness is associated with dissatisfaction with life and a loss of pleasure, and persons with profiles corresponding to Classes 2 and 3 should, therefore, be targeted for interventions aimed at restoring social links.

Ethical consumers' brand avoidance

2014 ◽  
Vol 23 (2) ◽  
pp. 114-120 ◽  
Author(s):  
Anne Rindell ◽  
Tore Strandvik ◽  
Kristoffer Wilén
Keyword(s):  
Design Methodology ◽  
Well Being ◽  
Two Dimensions ◽  
Qualitative Approach ◽  
Specific Group ◽  
Content Type ◽  
Ethical Concerns ◽  
Ethical Consumers ◽  
Consumer Values ◽  
Practical Implications

Purpose – The purpose of this paper is to explore ethical consumers' brand avoidance. The study contributes to brand-avoidance research by exploring what role consumers' ethical concerns play in their brand avoidance. Design/methodology/approach – A qualitative approach is adopted by interviewing 15 active members of organizations that represent ethical concerns for the well-being of animals, the environment and humans. Findings – The study indicates that consumers with a strong value-based perspective on consumption (such as ethical consumers) may reject brands in two different but interrelated ways. In essence, the study reveals characteristics of brand avoidance that have not been discussed in earlier research, in terms of two dimensions: persistency (persistent vs temporary) and explicitness (explicit vs latent). Practical implications – The study shows the importance of considering the phenomenon of brand avoidance, as it may reveal fundamental challenges in the market. These challenges may relate to consumer values that have not been regarded as important or that have been thought of as relating only to a specific group of consumers. Originality/value – The ethical consumers' views represent new insights into understanding brand avoidance.

A new approach to evaluating the well-being of PhD research students

2012 ◽  
Vol 37 (5) ◽  
pp. 563-576 ◽  
Author(s):  
Bridget Juniper ◽  
Elaine Walsh ◽  
Alan Richardson ◽  
Bernard Morley
Keyword(s):  
Well Being ◽  
New Approach ◽  
Research Students

Solution Focused Brief Therapy: Establishing Goals and Assessing Competence

1994 ◽  
Vol 57 (3) ◽  
pp. 95-98 ◽  
Author(s):  
Chris Iveson
Keyword(s):  
Risk Assessment ◽  
Suicide Risk ◽  
Brief Therapy ◽  
Memory Loss ◽  
Occupational Therapists ◽  
Well Being ◽  
Suicide Risk Assessment ◽  
New Approach ◽  
Solution Focused Brief Therapy ◽  
Solution Focused

A new approach to counselling, solution focused brief therapy, is based on assumptions of client well-being which are very close to those underlying the work of occupational therapists. Two cases, one of memory loss and one of suicide risk assessment, are used to illustrate the principles of brief therapy translated into everyday practice.

scholarly journals Organizational helping behavior and its relationship with employee workplace well-being

2019 ◽  
Vol 24 (1) ◽  
pp. 18-36 ◽  
Author(s):  
Jinyun Duan ◽  
Macy Wong ◽  
Yumeng Yue
Keyword(s):  
Management Practice ◽  
Well Being ◽  
Helping Behavior ◽  
Two Dimensions ◽  
Mediating Effect ◽  
Content Type ◽  
Behavior Scale ◽  
Helping Behaviors ◽  
Practical Implications ◽  
Main Relationship

PurposeResearch examining the effect of helping on outcomes related to helpers has gained some mixed results. The purpose of this paper is to reconcile such inconsistency by understanding the multi-dimensional nature of helping behavior.Design/methodology/approachThe authors first develop a helping behavior scale that differentiates between the proactive and reactive form of helping. Furthermore, the authors also examined whether these two forms of helping are differently related to employees’ well-being. Data were collected from 448 employees and their immediate supervisors working in different organizations in the South Jiangsu province, in which the authors examined the main relationship and also explored the mediating effect of meaningfulness.FindingsResults provided corroborating evidence that helping behavior was a multi-dimensional construct, consisting of proactive and reactive dimensions. Furthermore, the authors are also able to support discriminatory validity between these two dimensions by showing that they are differently related to employees’ well-being.Practical implicationsThis paper contributes to management practice by specifying the benefits and detriments of different kinds of helping behaviors.Originality/valueThe findings of this study do not only provide ideas to explain contradictions in the effect of helping behaviors on helpers themselves, but also deepens scholars’ knowledge and understanding toward helping behavior.

A revision of Hofstede’s model of national culture: old evidence and new data from 56 countries

2018 ◽  
Vol 25 (2) ◽  
pp. 231-256 ◽  
Author(s):  
Michael Minkov
Keyword(s):  
Cultural Differences ◽  
National Culture ◽  
Well Being ◽  
Two Dimensions ◽  
Internal Reliability ◽  
Data Set ◽  
Content Type ◽  
Gender Egalitarianism ◽  
Fifth Dimension ◽  
National Differences

PurposeHofstede’s model of national culture has enjoyed enormous popularity but rests partly on faith. It has never been fully replicated and its predictive properties have been challenged. The purpose of this paper is to provide a test of the model’s coherence and utility.Design/methodology/approachAnalyses of secondary data, including the World Values Survey, and a new survey across 56 countries represented by nearly 53,000 probabilistically selected respondents.FindingsImproved operationalizations of individualism-collectivism (IDV-COLL) suggest it is a robust dimension of national culture. A modern IDV-COLL index supersedes Hofstede’s 50 year-old original one. Power distance (PD) seems to be a logical facet of IDV-COLL, rather than an independent dimension. Uncertainty avoidance (UA) lacks internal reliability. Approval of restrictive societal rules and laws is a facet of COLL and is not associated with national anxiety or neuroticism. UA is not a predictor of any of its presumed main correlates: importance of job security, preference for a safe job, trust, racism and xenophobia, subjective well-being, innovation, and economic freedom. The dimension of masculinity-femininity (MAS-FEM) lacks coherence. MAS and FEM job goals and broader values are correlated positively, not negatively, and are not related to the MAS-FEM index. MAS-FEM is not a predictor of any of its presumed main correlates: achievement and competition orientation, help and compassion, preference for a workplace with likeable people, work orientation, religiousness, gender egalitarianism, foreign aid. After a radical reconceptualization and a new operationalization, the so-called “fifth dimension” (CWD or long-term orientation) becomes more coherent and useful. The new version, called flexibility-monumentalism (FLX-MON), explains the cultural differences between East Asian Confucian societies at one extreme and Latin America plus Africa at the other, and is the best predictor of national differences in educational achievement.Research limitations/implicationsDifferences between subsidiaries of a multinational company, such as IBM around 1970, are not necessarily a good source of knowledge about broad cultural differences. A model of national culture must be validated across a large number of countries from all continents and its predictions should withstand various plausible controls. Much of Hofstede’s model (UA, MAS-FEM) fails this test while the remaining part (IDV-COLL, PD, LTO) needs a serious revision.Practical implicationsConsultancies and business schools still teach Hofstede’s model uncritically. They need to be aware of its deficiencies.Originality/valueAs UA and MAS-FEM are apparently misleading artifacts of Hofstede’s IBM data set, a thorough revision of Hofstede’s model is proposed, reducing it to two dimensions: IDV-COLL and FLX-MON.

scholarly journals Macro level Determinants of Poverty: Investigation Through Poverty Mapping of Districts of Pakistan.

2011 ◽  
Vol 50 (4II) ◽  
pp. 895-911 ◽  
Author(s):  
Farah Said ◽  
Tareena Musaddiq ◽  
Mahreen Mahmud
Keyword(s):  
Industrial Development ◽  
Basic Needs ◽  
Well Being ◽  
Two Dimensions ◽  
District Level ◽  
Macro Level ◽  
Asset Accumulation ◽  
Household Level ◽  
North East ◽  
The North

The study explores the spatial patterns of poverty in Pakistan through two dimensions: asset accumulation and basic needs. For this purpose Pakistan Standard of Living Measurement 08-09 is employed to construct an Asset Index and a Basic Needs index, at a district level, through the use of household level indicators. The study finds a clear north south divide, with particular concentration of better off districts in the north east of the country. Additionally, regression analysis is carried out to help identify the macro level factors contributing towards the observed pattern. Results reveal infrastructural and industrial development to be significant factors behind a district‘s well-being. This indicates that public policy directed towards developing deprived districts should be cantered on these factors, specifically expanding road networks, and incentives for industrial development in those districts. JEL classifications: I32, O53 Keywords: Measurement and Analysis of Poverty, District Level Analysis, Pakistan

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