Equity,equality, and need: A study of the patterns and outcomes associated with their use in intimate relationships

This study examined the extent to which specific justice principles (equity, equality, and need) are associated with different orientations within complex relationships. This contrasts with previous research that has focused on the extent to which justice principle use varies across relationships representing distinctly different goals. Forty-eight men and 60 women were randomly assigned to conditions of equity, equality, or need. Each was asked to describe a recent incident from their own relationship illustrating the principle to which they were assigned. Incidents were coded into one of three domains representing the multiple orientations of intimate relationships. Subjects in the need condition were more likely to describe incidents related to issues of nurturance or personal development, whereas subjects in equity and equality were more likely to describe incidents related to the allocation of responsibilities. Subjects in the equality condition rated their principles as a more desirable basis for decision making in intimate relationships than subjects in either equity or need. Regardless of the relationship domain, subjects in the equality as compared to the equity condition also reported more positive feelings about the decision and themselves as well as more positive and less negative feelings toward their partner.     

The American family transformed

He is author of Today’s Children: Creating a Future for a Generation in Crisis.     

Understanding political risk in investment planning

In 1982, the Congress authorized $11 billion to modernize the nation's air traffic control system—one of the largest infrastructure investments since the building of the interstate highway system. Although this investment appears to offer a large and robust return, the economic results depend strongly on productivity gains through system consolidation. It is uncertain what balance the Congress will strike between the long-term, widely shared benefits of greater productivity and the immediate job losses from system consolidation. This risk can be included in the calculus of expected return through Monte Carlo analysis. When this is done, the expected return drops very close to the 10% hurdle rate that the government often uses for such projects. This method of integrating political risk can be applied to any investment, public or private, for which political action joins the customary economic and technical uncertainties in affecting the outcome.