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Article
Publication date: 21 April 2010

Avanidhar Subrahmanyam

When agents first become active investors in financial markets, they are relatively inexperienced. Much of the literature focuses on the incentives of presumably sophisticated…

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Abstract

When agents first become active investors in financial markets, they are relatively inexperienced. Much of the literature focuses on the incentives of presumably sophisticated informed agents to produce information, and not on the nave agents. However, unsophisticated agents are important aspects of financial markets and worth analyzing further. In this paper, we provide a theoretical perspective that addresses the issue of how many nave traders would one expect in a financial market where policy makers try to educate the nave agents.We show that such policy balances the effects of nave trades on corporate investment and liquidity, as well as the monetary cost of increasing financial sophistication. The optimal proportion of nave agents varies with the value of information, the noise in private signals, and the inherent sensitivity of corporate investment to prices.We also show that the policy tool of encouraging insider trading can deter nave investors and thus improve corporate governance and the efficacy of corporate investment.

Details

Review of Behavioural Finance, vol. 2 no. 1
Type: Research Article
ISSN: 1940-5979

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Book part
Publication date: 29 March 2014

Simona Petraitytė

Roles of academic libraries have recently been regularly discussed among Library and Information Science (LIS) scientists and practitioners. A shift of roles induced by various…

Abstract

Roles of academic libraries have recently been regularly discussed among Library and Information Science (LIS) scientists and practitioners. A shift of roles induced by various factors forces academic libraries to reconsider their operational guidelines and plan future scenarios. This article provides an analysis of the framing of roles assumed by academic libraries and identifies key factors and agents that influence the process. Research consisted of an analysis of official strategic documents of Lithuanian state-owned universities that are of great importance to the strategic development of academic libraries and the anchoring of their roles. Applying Laclau and Mouffe’s (2001) discourse theory and the concepts of new institutionalism as a theoretical approach, key factors and agents influential to the role of academic libraries were identified. Modernity, market, and quality as three interrelated discourses highlight the proposition that modernity is inseparable from the development of information technologies and infrastructure and that various professional networks in the library environment act as powerful institutional agents. Practices of market law application in universities have influence on the institutional logic of libraries which increasingly relies on the criteria of efficiency and rationality.

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Advances in Library Administration and Organization
Type: Book
ISBN: 978-1-78190-744-3

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Article
Publication date: 15 December 2020

Ming Yi, Yingying Lu, Weihua Deng, Lu Kun and Zhanhao Zhang

The purpose of this paper is to present a new human dynamics model to explain the process of verified users' (VUs) posting on Sina micro-blog.

702

Abstract

Purpose

The purpose of this paper is to present a new human dynamics model to explain the process of verified users' (VUs) posting on Sina micro-blog.

Design/methodology/approach

A common human dynamics research method with three steps is applied. Firstly, a large-scale behavioral dataset is collected involving 495 VUs and five topics on Sina micro-blog. Second, five important indicators that reveal the characteristics of posting behavior are analyzed. Then, a quantitative model is constructed to describe the process of posting behavior, and its validity is verified by simulations.

Findings

Three important characteristics of VUs' micro-blog posting behavior are observed: fat-tailed distribution, fluctuation and periodicity. These characteristics do not fit the assumption of interest-driven models proposed by previous literature. An optimized task-driven model is introduced to describe this complex phenomenon mathematically. The model is verified on empirical data, confirming that task-driven models can be optimized to explore information behavior on social media.

Originality/value

Being different from previous studies that mainly describe common users' posting behavior on social media by applying interest-driven models, this paper customizes an optimized task-driven model for VUs, who mainly treat social media as a platform for work and play a crucial role in information creation on social media.

Details

Aslib Journal of Information Management, vol. 73 no. 2
Type: Research Article
ISSN: 2050-3806

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Article
Publication date: 1 April 1989

Online database revenues up 28% Amidon/Litman, a consulting and research firm out of New Jersey, has released a report that states online revenues for 1988 were $1.03 billion for…

91

Abstract

Online database revenues up 28% Amidon/Litman, a consulting and research firm out of New Jersey, has released a report that states online revenues for 1988 were $1.03 billion for eight business‐to‐business markets. This represents a 28% growth rate over 1987, according to the report Vertical Information Markets & Company Profiles: A Dance Card. It contains lists of interesting information products and players suitable for acquisition, joint venture and product development.

Details

Online Review, vol. 13 no. 4
Type: Research Article
ISSN: 0309-314X

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Article
Publication date: 12 March 2014

Nicola J. Reavley, Terence V. McCann, Stefan Cvetkovski and Anthony F. Jorm

The purpose of this study was to assess whether a multifaceted intervention could improve mental health literacy, facilitate help seeking and reduce psychological distress and…

429

Abstract

Purpose

The purpose of this study was to assess whether a multifaceted intervention could improve mental health literacy, facilitate help seeking and reduce psychological distress and alcohol misuse in staff of a multi-campus university in Australia.

Design/methodology/approach

In this cluster randomised trial (ACTRN12610001027000), nine campuses were paired, with one of each pair randomly assigned to either intervention or control. Interventions (which were whole-of-campus) included e-mails, posters, campus events, factsheets/booklets and mental health first aid training courses. A monitoring sample of staff were recruited from each campus. Participants had a 20-minute computer-assisted telephone interview at baseline, and at the end of academic years 1 and 2. The interview assessed mental health literacy, help seeking for mental health problems, psychological distress and alcohol use. The primary outcomes were depression and anxiety levels and alcohol use and pertained to the individual level. Six campuses were randomised to intervention and three to control and all campuses were included in the analysis.

Findings

There were no effects on depression and anxiety levels and alcohol use. Recall of intervention elements was greater in the intervention group at the end of the two-year assessment period. Staff in the intervention group showed better recognition of depression, greater knowledge of the National Health and Medical Research Council guidelines for safe levels of drinking and a greater intention to seek help for alcohol misuse from a general practitioner.

Originality/value

Future interventions should involve more focused interventions that include consideration of working conditions and their influence on mental health, as well as addressing mental illness among employees, regardless of cause.

Details

Journal of Public Mental Health, vol. 13 no. 1
Type: Research Article
ISSN: 1746-5729

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Article
Publication date: 22 September 2021

Yang-Im Lee, An Vu and Peter Trim

This study explains how retailers can use the knowledge function of attitudinal theories to understand how millennials in a collectivist emerging market, trade-off between a

997

Abstract

Purpose

This study explains how retailers can use the knowledge function of attitudinal theories to understand how millennials in a collectivist emerging market, trade-off between a satisfactory customer service experience versus price when repurchasing a smartphone.

Design/methodology/approach

356 usable questionnaires (86% response rate) were collected and analysed using structural equation modelling (SEM), AMOS.

Findings

Millennials in Vietnam tend to adopt an individualistic approach when repurchasing a smartphone and utilise their knowledge of the product. However, they value personalised customer service that is specific to their needs, especially interactions with sales staff that raises their confidence and self-esteem. The unique interaction allows authorised retailers to distinguish themselves from unauthorised retailers. Repurchase behaviour is encouraged by low uncertainty avoidance in conjunction with price sensitivity; and the desire to be seen as achieving a high social status.

Research limitations/implications

The data for the study was collected in Hanoi, the main city of Vietnam and is representative only of urban-based millennials.

Practical implications

Retailers considering entering an collectivist emerging market need to understand that millennials are price sensitive and may repurchase from unauthorised retailers. Accurate information and sales promotions can be used to stimulate demand for a high involvement product.

Originality/value

Functional theories of attitudes is used to link the concept of customer service with knowledge function utilisation in order to establish how customers in a collectivist emerging market process information and share knowledge through socialisation.

Details

International Journal of Retail & Distribution Management, vol. 50 no. 5
Type: Research Article
ISSN: 0959-0552

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Article
Publication date: 1 May 1997

Mr.Mike McConnell and Rachel A Harris

The paper outlines the contemporary field of virtual universities in the US and UK, and discusses potential future issues that may affect this educational market. The authors…

108

Abstract

The paper outlines the contemporary field of virtual universities in the US and UK, and discusses potential future issues that may affect this educational market. The authors contend that there is no such thing as a ‘model’ virtual university, and the composition of a successful virtual educational environment will depend very much on factors such as the courses being delivered, the nature of the student body (both local and remote), and a range of institutional issues. Certain issues, however, will always apply to the processes of virtual education regardless of the audience and institution. The authors outline these generic elements that will contribute to a successful virtual university.

Details

VINE, vol. 27 no. 5
Type: Research Article
ISSN: 0305-5728

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Article
Publication date: 22 March 2017

Frans Kamsteeg and Harry Wels

The purpose of this paper is to show the complex positionality and the complexity that comes with the study of whiteness in South African higher education by Dutch, white…

323

Abstract

Purpose

The purpose of this paper is to show the complex positionality and the complexity that comes with the study of whiteness in South African higher education by Dutch, white academics. This complexity stems from the long-standing relationship between Dutch universities, the Vrije Universiteit Amsterdam (VUA) in particular, with their South African counterparts, which predominantly supported apartheid with reference to a shared religious (Protestant) background.

Design/methodology/approach

The paper rests upon a literature review of the development of South African higher education, and an assessment of the prominent role played by the Dutch Vrije Universiteit in support of the all-white, Afrikaans Potchefstroom University (presently North-West University). The authors, who are both involved in the institutional cooperation between Vrije Universiteit and South African universities, reflect on the complexity of this relationship by providing auto-ethnographic evidence from their own (religious) biography.

Findings

The paper reflects the ambiguous historical as well as contemporary contexts and ties that bind Vrije Universiteit to South African universities, especially formerly Afrikaans-speaking ones. The ambiguity is about the comfort of sharing an identity with formerly Afrikaans-speaking universities, on the one hand, and the discomfort of historical and political complicities in a (still) segregated South African society on the other hand.

Originality/value

This auto-ethnographic paper breathes an atmosphere of a “coming out” that is not very common in academic writing. It is a reflection and testimony of a lifelong immersion in VUA-South African academic research relations in which historical, institutional, and personal contexts intermingle and lead to a unique positionality leading to “breaking silences” around these complex relations.

Details

Journal of Organizational Ethnography, vol. 6 no. 1
Type: Research Article
ISSN: 2046-6749

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Article
Publication date: 25 December 2024

Ibrahim Cifci, Baris Cam, Oguzhan Demirbas and Aleyna Celikay

This study aims to investigate the strategies and challenges of deploying Blockchain within the context of mobile public bazaars’ (MPBs) food supply chains (FSCs) in the tourism…

43

Abstract

Purpose

This study aims to investigate the strategies and challenges of deploying Blockchain within the context of mobile public bazaars’ (MPBs) food supply chains (FSCs) in the tourism and hospitality industry (T&H).

Design/methodology/approach

Drawing on qualitative data gathered from 20 semistructured interviews with stakeholders (e.g. producers, food service businesses and government agencies), the study uses theme analysis to identify patterns and insights.

Findings

Findings reveal four strategies (i.e. implementations, digital literacy and awareness, government incentives and interoperability) and four challenges (i.e. public perception, business logic, constraints, legislative and administrative) arising from the deployment of Blockchain in the FSCs of MPBs.

Originality/value

The study contributes to the literature by offering a comprehensive examination of the strategies and challenges associated with deploying Blockchain in the FSCs of MPBs within the T&H industry. It extends beyond singular theoretical frameworks, using a multitheory approach and offers a novel smart contract model for practical implementation.

研究目的

本研究旨在探讨在旅游与酒店行业(T&H)背景下, 将区块链技术应用于移动公共集市(MPBs)食品供应链(FSCs)的策略和挑战。

研究方法

通过对20位利益相关者(例如生产者、食品服务企业和政府机构)的半结构化访谈收集定性数据, 研究采用主题分析法以识别模式和洞察。

研究发现

研究结果揭示了四大策略(即实施、数字素养与意识、政府激励、互操作性)和四大挑战(即公众认知、商业逻辑、约束条件、法律与行政问题), 这些问题与区块链在MPBs的FSCs中的应用相关。

研究创新

本研究通过对MPBs中FSCs区块链部署相关策略与挑战的全面分析, 丰富了现有文献。研究超越单一理论框架, 采用多理论方法, 并提出了一个创新的智能合约模型以供实践应用。

Details

Journal of Hospitality and Tourism Technology, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1757-9880

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Book part
Publication date: 1 January 2014

Robert Tanton and Graham Clarke

Abstract

Details

Handbook of Microsimulation Modelling
Type: Book
ISBN: 978-1-78350-570-8

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