Human Resources, Competitive Advantg Essay Example | Topics and Well Written Essays - 500 words

HR, Competitive Advantg - Essay Example HR should guarantee that they are given equivalent chance and they are secured against issues, for example, sex separation. 2. Inappropriate behavior has been characterized as sexual moves that are unasked for by the person in question, solicitations of favors that are sexual in nature in return of advancement or danger of terminating the worker and physical and verbal activities and developments that are sexual in nature. Inappropriate behavior that is perceived as Quid Pro Quo happens when an individual is offered advancement or is taken steps to be terminated from his/her position if the worker dismisses or acknowledges favors that are sexual in nature. Inappropriate behavior that is perceived as Hostile condition happens when individuals on a similar degree of the chain of command direct exercises that are sexual in nature and are undesirable and make the earth hard for the casualty to keep on working in a productive way. 3. While during the strategy of determination and recruiting the HR utilizes a various obstacle model, the candidate needs to remain fruitful during various strides of a test and they need to end up being effective in each progression. On the off chance that they neglect to accomplish the breezing through score in a specific assessment, they are esteemed as unfit for the activity. On the off chance that the HR has utilized a compensatory model, they will settle on their recruiting choice dependent on the general scores of the considerable number of tests. This model depends on the reason that if a candidate performs well on one test and neglects to perform well on the other test, the previous score will make up for the score of the subsequent test. 4. As indicated by the activity trademark model, there are five qualities of a specific activity. The main trademark is expertise assortment, which is characterized as the quantity of abilities that are required to play out a specific activity; the second is task personality, which is characterized as the consummation of the activity from the beginning stage to the completion point. The third is task criticalness which is characterized as how

Roles that International Non-governmental Organizations Play in Global Essay

Jobs that International Non-administrative Organizations Play in Global Issues and the Role that Transnational Civil Society Play in Global Governance - Essay Example In any case, numerous worldwide non-administrative associations apparently emerged not many decades prior that planned for progressing in the direction of similar objectives on willful premise. They have consistently had a basic influence in such manner by partaking in plan setting, concocting of strategies and joining of rules, rules and administrative systems (Held and Hervey 96). In actuality, as of late, networks have started to depend on them intensely for different social developments and battling for philanthropic causes. With expanding desires, these bodies have additionally improved their attention on defining answers for defeating worldwide obstructions and advancing worldwide administration. In any case, huge numbers of these associations have worked less and publicized their endeavors more so as to make better notoriety, pull in increasingly altruistic gifts and affirmation and confining their stream to entitled recipients (Holmen and Jirstrom 442-443). By and by, a large portion of such elements have solid philosophies and don't advertise their exercises or ideas; rather they have their influence in settling worldwide issues and carrying harmony to world. A large number of them guarantee to be given authority status and be legitimized so as to work all the more viably towards their causes yet thinking about the idea of their exercises, there isn't a lot of substance in the inquiry whether they should be approved or not. These activities need duty and certified worry for abolishment of some social or ecological wickedness. These associations have endeavored to accomplish a significant number of their objectives producing social advantages for masses yet at the same time need to show more devotion and work on their order, which becomes open picture of such endeavors. Job of Transnational Civil Society Apart from private and open society... This article focuses on that national governments have consistently had the essential duty of conceiving answers for issues looked on worldwide level. Be that as it may, numerous global non-legislative associations supposedly emerged barely any decades back that planned for moving in the direction of similar objectives on intentional premise. They have consistently had a basic influence in such manner by taking an interest in plan setting, formulating of approaches and fuse of rules, rules and administrative structures. This article makes an end that Kaldor in her book brings up the issue whether new time of globalization can figure out how to reestablish realness at national and worldwide levels, while alleviating savagery at transnational level through such worldwide establishments. As per her, the association between worldwide administration and organizations’ authentic specialists is confused. Accordingly, the exertion put by such substances must be sponsored up with their definitive structures and should be planned for improving worldwide administration. It is basic to acknowledge that these endeavors have consistently assumed critical job in discovering answers for worldwide emergency. Hence, the opportunity has already come and gone that non-administrative and transnational associations hold hands and work on building more grounded connections and coordination among them to make synergetic impacts and thus settle the referenced worldwide issues on perpetual premise, making this worldwi de town a superior spot to live in.

Forward the Foundation Chapter 23

5 â€Å"Dad,† said Raych with some worry, â€Å"you look tired.† â€Å"I dare say,† said Hari Seldon, â€Å"I feel tired. Be that as it may, how are you?† Raych was forty-four now and his hair was starting to show a touch of dim, yet his mustache stayed thick and dim and very Dahlite in appearance. Seldon thought about whether he cleaned it up with color, however it would have been an inappropriate thing to inquire. Seldon stated, â€Å"Are you through with your addressing for a while?† â€Å"For some time. Not for long. What's more, I'm happy to be home and see the child and Manella and Wanda-and you, Dad.† â€Å"Thank you. In any case, I have news for you, Raych. No all the more addressing. I'm going to require you here.† Raych grimaced. â€Å"What for?† On two distinct events he had been sent to do fragile missions, yet those were back during the times of the Joranumite danger. Apparently, things hushed up now, particularly with the oust of the junta and the restoration of a pale Emperor. â€Å"It's Wanda,† said Seldon. â€Å"Wanda? What's going on with Wanda?† â€Å"Nothing's the matter with her, however we will need to work out a total genome for her-and for you and Manella also and in the end for the new baby.† â€Å"For Bellis, as well? What's going on?† Seldon faltered. â€Å"Raych, you realize that your mom and I generally thought there was something adorable about you, something that motivated warmth and trust.† â€Å"I realize you suspected as much. You said so regularly enough when you were attempting to get me to accomplish something troublesome. Be that as it may, I'll be straightforward with you. I never felt it.† â€Å"No, you prevailed upon me and†¦ and Dors.† (He experienced such difficulty saying the name, despite the fact that four years had gone since her pulverization.) â€Å"You prevailed upon Rashelle of Wye. You prevailed upon Jo-Jo Joranum. You prevailed upon Manella. How would you represent all that?† â€Å"Intelligence and charm,† said Raych, smiling. â€Å"Have you figured you may have been in contact with their-our-minds?† â€Å"No, I've never believed that. Also, since you notice it, I believe it's crazy. With all due regard, Dad, of course.† â€Å"What on the off chance that I disclosed to you that Wanda appears to have guessed what Yugo might be thinking during a snapshot of crisis?† â€Å"Coincidence or creative mind, I ought to say.† â€Å"Raych, I knew somebody once who could deal with individuals' brains as effectively as you and I handle conversation.† â€Å"Who was that?† â€Å"I can't talk about him. Trust me, though.† â€Å"Well-† said Raych regrettably. â€Å"I've been at the Galactic Library, keeping an eye on such issues. There is an inquisitive story, around twenty thousand years of age and in this manner back to the cloudy birthplaces of hyperspatial travel. It's about a young lady, very little more than Wanda's age, who could speak with a whole planet that circumnavigated a sun called Nemesis.† â€Å"Surely a fairytale.† â€Å"Surely. What's more, deficient, at that. However, the closeness with Wanda is astonishing.† Raych stated, â€Å"Dad, what are you planning?† â€Å"I'm not certain, Raych. I have to know the genome and I need to discover others like Wanda. I have a thought that youths are conceived not regularly however sporadically with such mental capacities, yet that, when all is said in done, it only gets them in a tough situation and they figure out how to cover it. What's more, as they develop tip, their capacity, their ability, is covered profound inside their psyches kind of an oblivious demonstration of self-conservation. Doubtlessly in the Empire or even just among Trantor's forty billion, there must be a greater amount of that sort, as Wanda, and in the event that I know the genome I need, I can test those I think might be so.† â€Å"And what might you do with them in the event that you discovered them, Dad?† â€Å"I have the idea that they are what I requirement for the further advancement of psychohistory.† Raych stated, â€Å"And Wanda is the first of the sort you think about and you plan to make a psychohistorian out of her?† â€Å"Perhaps.† â€Å"Like Yugo. Father, no!† â€Å"Why no?† â€Å"Because I need her to grow up like an ordinary young lady and become a typical lady. I won't make them sit her before the Prime Radiant and make her into a living landmark to psychohistorical mathematics.† Seldon stated, â€Å"It may not end up like that, Raych, however we should have her genome. You realize that for a great many years there have been recommendations that each person have his genome on record. It's just the cost that is shielded it from turning out to be standard practice; nobody questions its convenience. Clearly you see the focal points. In the case of nothing else, we will know Wanda's propensities toward an assortment of physiological issue. On the off chance that we had ever had Yugo's genome, I am sure he would not currently be biting the dust. Definitely we can go that far.† â€Å"Well, possibly, Dad, however no further. I'm willing to wager that Manella will be significantly firmer on this than I am.† Seldon stated, â€Å"Very well. Be that as it may, recollect, no more talk visits. I need you at home.† â€Å"We'll see,† Raych said and left. Seldon stayed there in a situation. Eto Demerzel, the one individual he realized who could deal with minds, would have comprehended what to do. Dors, with her nonhuman information, may have realized what to do. For himself, he had a diminish vision of another psychohistory-yet simply that. 6 It was anything but a simple assignment to get a total genome of Wanda. In the first place, the quantity of biophysicists prepared to deal with the genome was little and those that existed were consistently occupied. Nor was it feasible for Seldon to talk about his needs straightforwardly, so as to intrigue the biophysicists. It was significant, Seldon felt, that the genuine explanation behind his enthusiasm for Wanda's psychological forces be left well enough alone from all the Galaxy. What's more, if another trouble was required, it was the way that the procedure was diabolically costly. Seldon shook his head and said to Mian Endelecki, the biophysicist he was currently counseling, â€Å"Why so costly, Dr. Endelecki? I am not a specialist in the field, however it is my particular understanding that the procedure is totally modernized and that, when you have a scratching of skin cells, the genome can be totally constructed and investigated in a matter of days.† â€Å"That's actual. Be that as it may, having a deoxyribonucleic corrosive particle loosening up for billions of nucleotides, with each purine and pyrimidine in its place, is its least; its least, Professor Seldon. There is then the matter of concentrating every one and contrasting it with some norm. â€Å"Now, consider, in any case, that in spite of the fact that we have records of complete genomes, they speak to a vanishingly little division of the quantity of genomes that exist, with the goal that we don't generally have a clue how standard they are.† Seldon asked, â€Å"Why so few?† â€Å"A number of reasons. The cost, for a certain something. Hardly any individuals are happy to spend the credits on it except if they have solid motivation to think there is some kind of problem with their genome. What's more, on the off chance that they have no solid explanation, they are hesitant to experience investigation for dread they will discover something incorrectly. Presently, at that point, are you certain you need your granddaughter genomed?† â€Å"Yes, I do. It is horribly important.† â€Å"Why? Does she give indications of a metabolic anomaly?† â€Å"No, she doesn't. Or maybe the converse in the event that I knew the antonym of ‘anomaly.' I think of her as a most surprising individual and I need to know exactly what it is that makes her unusual.† â€Å"Unusual in what way?† â€Å"Mentally, however it's incomprehensible for me to go into subtleties, since I don't completely get it. Possibly I will, when she is genomed.† â€Å"How old is she?† â€Å"Twelve. She'll before long be thirteen.† â€Å"In that case, I'll need consent from her parents.† Seldon made a sound as if to speak. â€Å"That might be hard to get. I'm her granddad. Wouldn't my consent be enough?† â€Å"For me, absolutely. Be that as it may, you know, we're discussing the law. I don't wish to lose my permit to practice.† It was fundamental for Seldon to approach Raych once more. This, as well, was troublesome, as he fought again that he and his better half, Manella, needed Wanda to carry on with a typical existence of an ordinary young lady. Consider the possibility that her genome turned out to be strange. Would she be whisked away to be goaded and examined like a research facility example? Would Hari, in his over the top dedication to his Psychohistory Project, press Wanda into an existence of all work and no play, stopping her from other youngsters her age? However, Seldon was stubborn. â€Å"Trust me, Raych. I could never really hurt Wanda. Yet, this must be finished. I have to know Wanda's genome. In the event that it is as I presume it may be, we might be very nearly changing the course of psychohistory, of things to come of the Galaxy itself!† Thus Raych was convinced and some way or another he got Manella's assent, too. Furthermore, together, the three grown-ups took Wanda to Dr. Endelecki's office. Mian Endelecki welcomed them at the entryway. Her hair was a sparkling white, yet her face gave no indication old enough. She took a gander at the young lady, who strolled in with a look of interest all over yet without any indications of dread or dread. She at that point turned her look to the three grown-ups who had went with Wanda. Dr. Endelecki said with a grin, â€Å"Mother, father, and granddad am I right?† Seldon replied, â€Å"Absolutely right.† Raych looked hang-pooch and Manella, her face somewhat swollen and her eyes somewhat red, looked worn out. â€Å"Wanda,† started the specialist. â€Å"That is your name, isn't it?† â€Å"Yes, ma'am,† said Wanda in her intelligible voice. â€Å"I'm going to let you know precisely what I will do with you. You're correct given, I suppose.† â€Å"Yes, ma'am.† â€Å"Very well, at that point, I'll shower a little fix to your left side lower arm with a sedative. It will just fe

Duo Singapore Exchange Fellowship Award free essay sample

Application Essay †DUO-Singapore Exchange Fellowship Award First of all, I am happy that to be allowed to trade to Germany for my examinations in NUS. Germany is an incredible spot with numerous world-class colleges. Through the trade program, I will build the estimation of my degrees, as study abroad is a proof of autonomy, versatility and a readiness to take on a test. The DUO-Singapore Exchange Fellowship Award will important and supportive as the everyday costs in Germany is very high. This honor will assist with decreasing the weight of my folks as I won't need to stress over the accounts on my trade. The DUO-Singapore Exchange Fellowship grant will absolutely make the most grounded bond between the understudies from Europe and Asian ASEM part nations. With the assistance of this honor, I will have the option to open my sights by voyaging and concentrating in Germany in the coming semester. We will compose a custom exposition test on Pair Singapore Exchange Fellowship Award or then again any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page As we as a whole know, training is the one of the columns connecting Singapore and Germany, particularly at the college level. I accept that understudies in Germany will have an incredible enthusiasm for Singapore as the lives in Singapore are a blend of West and the East, where you can't discover in wherever else. With the trade program and the assistance of DUO-Singapore Exchange Fellowship grants, I will get the opportunity the offer plans to the understudies and speakers in Germany in regards to the new program in Singapore, which is first presented in Asia. Moreover, as I am presently taking a shot at a three-year venture about the future transportation in Singapore, I may increase some understanding about the advancements in Germany through conversation or looks into with the educators and understudy in regards to on my task. Being an international student, it isn't just about close to home encounters, however in a greater setting, I am speaking to my college, NUS and furthermore Singapore. The vast majority of us don't have the chance to study or travel abroad regularly to have a vibe of various societies of different nations. Through the trade program, I will get the opportunity to inundated completely into another culture and improve my German with local people through day by day communications. I accept that the valuable experience of living in a remote nation must be fulfilling and vital. I trust that solid obligation of kinship will be created during my trade in Germany and we can unreservedly trade thoughts and perspectives. Speaking to NUS and Singapore, I will attempt my best to present the foundation or uniqueness of Singapore since it is a potential spot to remain and work here. It is my obligations, as a student from abroad, to elevate Singapore to the individuals in Germany. It is unquestionably a groundbreaking encounter to be an international student to Germany, yet it is just made conceivable with the assistance of DUO-Singapore Exchange Fellowship Award.

Health Hazards in Construction Research Paper Example | Topics and Well Written Essays - 2250 words

Wellbeing Hazards in Construction - Research Paper Example Outside specialists face a bunch of risks relying upon the kind of occupations, season, geographic area and the term of presentation. A peril alludes to a potential for hurt as reported by the Occupational Safety and Health Administration, OSHA (2012). For all intents and purposes, it would be an action or condition which, whenever left uncontrolled could cause ailment or injury. Subsequently, distinguishing such dangers and controlling, in any event, dispensing with them in great time would be gainful in forestalling ailments, wounds, and even passings. To do as such, a strategy that centers around the errands identified with a vocation in order to recognize and potential risks before their event, alluded by Weeks (2011) as employment peril examination, would be embraced. This method assesses the connection between the workplace and the specialist, assignments, and devices utilized. In a perfect world, the distinguishing proof of uncontrolled perils triggers the selection of procedu res that would decrease them to satisfactory dangers levels or totally dispense with them. Development is one of the open air industry divisions where occupation danger examination serves a critical job. Felperin (2013) sorts the development business as either legislative or private associated with the erection of structures for business or home purposes and open works that incorporate streets, burrows, extensions, air terminals, and dams among others. In this way, the development work involves building, fixing, keeping up, altering, redesigning or obliterating of such offices. In industrialized nations, development laborers comprise somewhere in the range of 5% and 10% of the all out workforce and comprehensively, 90% of these laborers are male. A dominant part of these are untalented workers.

Assignment 1 - PROFESSIONAL DEVELOPMENT PROGRAM Assignment

Assignment 1 - PROFESSIONAL DEVELOPMENT PROGRAM Assignment Assignment 1 - PROFESSIONAL DEVELOPMENT PROGRAM â€" Assignment Example > ContentsIntroductionA brief overview of the recipients of the training programsThe expected outcomeMultiple curriculum areasDealing with the studentsComprehensive needs analysisThe Assessment Detailed explanation of the development programThe matrixMarking instructionsProfessional Development Program: Training Unemployed youthUnemployed youth are mainly prone to scores of stress since they usually have income related problems and therefore it is always important to develop a friendly plan that will accommodate the metal state of the unemployed youth. Since these youths are destined for a building and construction site, the best thing is to come up with an orientation that will include all the basics of building technology that are related and one of the essential. Learning Outcomes: The program is aimed at ensuring that all the youths have in hand all the theory work and what is expected of them before they get on to the building site. This will ensure that they are faster and mor e efficient in their works and it will also be a good introduction into building technology. In class, there should be maps that have an entire construction site setup that will be used as demonstration (Perry 1975). Multiple curriculum areas: There are multiple curriculum areas since the course will also involve public and work relations which are very important to avoid negligence and ignorance at the work place. The core areas in the curriculum are the building styles and the concrete mixtures that need efficiency and economization. I will come up with a teaching strategy that will make all the students active participants in class. This will be done by ensuring that I always set a couple of minutes after the end of every class to ask a number of questions. I will have rewards that will work as incentives and this will motivate the students to listen so that they can get rewards at the end of the lesson. I will also ask questions while I am teaching and this will be done random ly and this will mainly be aimed at ensuring that the students are keen and attentive. I intend to have classes that last short periods to give the students enough time to relax between classes and to avoid bombarding the young minds with too much information at a go. This will allow them to digest the information in understandable bits. What is it that students will know and be able to do to demonstrate the intended outcome? The students will be able to learn various ways of handling cement jobs and concrete mixtures. They will also know how to put up steel structures prior to slab preparation and they will also know the durations that cement slabs need to be left untouched. They will know how to repair cement cracks and the ways in which they can alter the design to conform to the owner’s preference. The students will able to demonstrate using dummy structures what a slab looks like and how to create the steel structures. Student learning achievement curriculum specificI will ensure that by the end of the course I test the students on an actual construction site to make sure that they have understood. This will also make sure that the students have some practical knowledge of all the building works.

How Family with Elders Influence the Asset Allocation of Household - Free Essay Example

ABSTRACT This paper tries to redo the model from the Bogan’s paper (Bogan,2014) with a more reasonable dataset. Although the data I used is insufficient large, it is convinced to use since the dataset from Bogan’s paper is nearly the same size. The time, however, is 2007 -2009 versus 2011 – 2015, which make more sense considering the financial crisis in 2008. By comparing the result of two different models, I have similar findings regarding having elder person in the household and also the number of kids on holding safe assets and risky assets. 1. INTRODUCTION As we could expect, there are many things could influence the decision of household about the next generation’s education. Despite the main factor would be the difference of their class, the education level or their parents, or the ethnicity/race, there are still a lot of interest factors which could influence the assets’ allocation of the household, especially the educational savings for the next generations. Although it has been researched by Vicki L. Bogan in â€Å"Household Asset Allocation, Offspring Education, and the Sandwich Generation†, household with elder dependent will tend to reduce the risk assets which indicate the reduction of next generations’ education saving, the data set being used is 2007 – 2009, which may cause some effects due to the financial crisis in 2008. Intuitively, people would tend to invest more in the safe asset while the expectation of the future is not well. In this case, having elder person in the household will decrease decreases the probability of risky asset holding by 0.129 (over twice as much as the household head having poor health) and decreases college savings account holding by 0.012 (twice as much as the household head having poor health) (Bogan, 2014). The reason I believe the result should not be representative is because the effect of the 2008 financial crisis seems not be considered in the paper. In the contrary, I will try to use the later data set to redo the process. What I expect is during year 2011 – 2015, there will be more representative result to explain what a household with elder person would influence the assets allocation, especially for next generations’ education savings. What I find is quite interesting. The result from those two different databases is very similar which indicates that how people decide the assets allocation of their family is not influence by the financial crisis, or we can say it influenced, but not in a very considerable dimension. From the paper â€Å"The Impact of Skewness and Fat Tails on the Asset Allocation Decision† by James X. Xiong and Thomas M. Idzorek, there should be a different allocation comparing with other time (James and Thomas, 2011), which leads to the idea that why there are two contrary results. The possible reason is the different to define the variables, the different model used and different database. 2. DATA The data I used is the 2016 SCF (Survey of Consumer Finances) which is the most recent survey conducted by the Federal Reserve System. Due to the large amount of questions containing in the survey, the sample size is just 31,240, not many people are willing to answer all the questions. The original data contains more than 5,000 variables, and most of the them is categorized by â€Å"yes† or â€Å"no†). The average age of this sample is 52. Only 40 percent of them are categorized as married right now, others may be divorced, widowed or others. Approximately 69 percent of the them have own at least one home. 93 percent of the household holds safe assets, while 30 percent of the household holds risky assets and nearly 3 percent of the household hold education saving account. In the situation I defined in this paper, dependent elder who does not have savings for the retirement or any emergencies and also over 65 years old is 20 percent of the household. The reason I defined dependent elder in this situation is because that over 65, people are more likely to retire and live without any wages. So, people without having any savings for emergencies and retirement would unlikely to solve the problem by his own, which indicates they need depend on someone whom more likely be their children. The variables I used for the final dataset are â€Å"id†, â€Å"age†, â€Å"kids†, â€Å"cgrad†, â€Å"married†, â€Å"black†, â€Å"hisp†, â€Å"employed†, â€Å"loginc†, â€Å"homeown†, â€Å"elderdum†, â€Å"Eexpcos†, â€Å"healthins†, â€Å"nothealthy†, â€Å"safe†, â€Å"risky† and â€Å"eduplan†. Among those variables, â€Å"cgrad†, â€Å"married†, â€Å"black†, â€Å"hisp†, â€Å"employed†, â€Å"homeown†, â€Å"elderdum†, â€Å"Eexpcos†, â€Å"healthins†, â€Å"nothealthy†, â€Å"safe†, â€Å"risky† and â€Å"eduplan† are dummy variables). â€Å"id† is ascending on the year which is 2011 to 2015 and the household who took the survey. Normally, the last number will represent the people and year according to this manner. â€Å"age† represents the age of household head, and to avoid any problems, like people may cross section to be count as different group, we assume the age is same for the last year. In other words, the age appears in the data represent the age of the head of household in 2015. â€Å"kids† represents to the number of children, including natural children, step children and foster children. To define â€Å"cgrad†, we first collect the information from all heads’ education levels, then categorized those levels as four type. (1: no high school diploma, 2: high school diploma, 3: some college or Assoc degree, 4: Bachelor’s degree or higher). Then we took all 3’s and 4’s as 1 in the â€Å"cgrad†, 0 otherwise. â€Å"married† represents the ma rital status of the head of household and we count the first two types as married. (1. Married; 2. Living with a partner; 3. Separated; 4. Divorced; 5. Widowed; 6. Never married). â€Å"black† and â€Å"hisp† represent black or African-American non-Hispanic and Hispanic or Latino respectively. â€Å"employed† represents those who work for someone else not self-employed, partnership with others, retired, disabled or under 65 and not working. â€Å"loginc† represents the log of the household income in previous calendar year. â€Å"homeown† represents whether the household has the house or mobile home. â€Å"elderdum† represents those who are over 65 years old and don’t have savings for the retirement or any emergencies, such like illness, medical or dental expenses. â€Å"Eexpcos† represents that there is a considerable amount savings for the expect cost of children’s’ future or college education. â€Å"healthins† represents those who have health insurance or have saving for future investment. â€Å"nothealthy† represents those who have poor healthy. â€Å"safe† represent all types of transactions accounts (including checking accounts, saving accounts, money market accounts, prepaid accounts and call accounts.), certificates of deposit, bonds (including tax-exempt bonds, mortgage-backed bonds and US government and government agency bonds and bills.). â€Å"risky† represent mutual funds (including stock mutual funds, tax-free bond mutual funds, government bond mutual funds and other bond mutual funds.) and all kinds of stocks. â€Å"eduplan† represents that household has education saving account or 529 plans. 3. MODEL AND RESULTS The model we use is similar with the one appears in the paper I found, but what I do is not only using probit model, but also using logitistic model. I try to explain the result better by comparing those two models and hopefully to have a different result as I expected. The three independent variables are number of kids, whether or not having a remarkable amount of kids’ education expense as dummy variable and the whether or not having elder person in the household as dummy variable. The three dependent variables are holding safe assets as dummy variable, holding risky assets as dummy variable and having education saving account as dummy variable. The control variables are those been shown be influenced in household investment and college savings behavior : log of household income (Bertaut, 1998), total household size (Keister, 2003), a respondent married dummy variable (DeVaney Chien, 2002), a respondent age variable (Yilmazer, 2008), a respondent college graduate dummy variable (Lee Hanna, 1995; Lefebvre, 2004), a respondent employed dummy variable, a respondent managerial or professional occupation dummy variable (Bogan, 2008), a home owner dummy variable (Babiarz Yilmazer, 2001; Lefebvre, 2004), a poor health dummy variable (Rosen Wu, 2004; DeVaney Chien, 2002), a has health insurance dummy variable (Bogan Fertig, 2013), a year 2009 dummy variable, and race dummy variables (Bogan, 2013). For probit model, the reason I use it is that all dependent variables are binary variables. If we use linear regression model, the result will show the model and data doesn’t fit. If we can transform dependent variables into continuous variables, then we take those transformed variables as probability between 0 and 1 as a cumulative normal distribution ?. Then from Y= ?(X? + ?), we can conclude ?-1(Y) = X? + ? or in this case, ?-1(Yit) = ?0 + ktXikt + ?it. Where i refers to safe assets, risky assets and education saving account, k refers to those three dependent variables, and t refers different time periods, which in this case year. By running probit model in STATA, we find out that in this case, the data fits all three probit models very well (the models are statistically significant because the p-value is less than .000). here is the table that summarize all three tables. As we can see from the summary table of probit model, the number of kids will decrease the probability of holding safe assets, while the number of kids will increase the probability of holding risky assets and education saving accounts. (all of them are significant at 0.01 level). Having a remarkable amount of kids’ education expense in the future will decrease the probability of holding safe assets, while the expect education expense will increase the probability of having educational saving accounts. (expect cost for future education expense to hold safe assets is significant at 0.1 level, while having educational saving accounts is significant at 0.01 level). Having elder person in the household will increase the probability of holding safe assets, while having elder person in household will decrease the probability of holding risky assets and having educational saving accounts. (all of them are significant at 0.01 level). To have a better idea about the result, I then choose to use logistic model to enforce the result I have above. The reason I use logistic model rather than logit model is that logistic model is easier to interpret. Since the dependent variables are binary variable with values 0 and 1, if we let p = E(Y|X) then the logistic model would be log(p/(1-p)) = ?0 + ktXikt, where ?0 is the odds ratio of constant, ktXikt is the summation of the odds ratio times three different independent variables. VARIABLES safe risky eduplan kids -0.172*** 0.157*** 1.079*** (0.0422) (0.0370) (0.130) Eexpcos -0.233*** 0.0399 0.491*** (0.0806) (0.0588) (0.117) elderdum 0.373*** -0.553*** -0.973*** (0.0905) (0.0465) (0.160) Constant -11.21*** -6.590*** -7.244*** (0.429) (0.186) (0.435) Observations 30,983 30,983 30,983 Robust standard errors in parentheses *** p