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1 – 10 of 722Junfeng Chu, Pan Shu, Yicong Liu, Yanyan Wang and Yingming Wang
In large-scale group decision-making (LSGDM) situations, existing TODIM group decision-making methods often fail to account for the influence of social network relationships and…
Abstract
Purpose
In large-scale group decision-making (LSGDM) situations, existing TODIM group decision-making methods often fail to account for the influence of social network relationships and the bounded rationality of decision-makers (DMs). To address this issue, a new TODIM-based group decision-making method is proposed that considers the current trust relationships among DMs in a large-scale trust relationship network.
Design/methodology/approach
This method consists of two main stages. In the first stage, the large-scale group is partitioned into several sub-clusters based on trust relationships among DMs. The dominance degree matrix of each sub-cluster is then aggregated into the large-scale group dominance degree. In the second stage, after aggregating the large-scale group dominance degree, the consensus index is calculated to identify any inconsistent sub-clusters. Feedback adjustments are made based on trust relationships until a consensus is reached. The TODIM method is then applied to calculate the corresponding ranking results. Finally, an illustrative example is applied to show the feasibility of the proposed model.
Findings
The proposed method is practical and effective which is verified by the real case study. By taking into account the trust relationships among DMs in the core process of LSGDM, it indeed has an impact on the decision outcomes. We also specifically address this issue in Chapter Five. The proposed method fully incorporates the bounded rationality of DMs, namely their tendency to accept the opinions of trusted experts, which aligns more with their psychology. The two-stage consensus model proposed in this paper effectively addresses the limitations of traditional assessment-based methods.
Originality/value
This study establishes a two-stage consensus model based on trust relationships among DMs, which can assist DMs in better understanding trust issues in complex decision-making, enhancing the accuracy and efficiency of decisions, and providing more scientific decision support for organizations such as businesses and governments.
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This paper is a study of the current trends and conditions of electronic resources for Chinese studies, based on a recent survey on the Internet of 29 Chinese libraries in North…
Abstract
This paper is a study of the current trends and conditions of electronic resources for Chinese studies, based on a recent survey on the Internet of 29 Chinese libraries in North America and eight Chinese libraries in China, Taiwan and Hong Kong. The survey discussed current electronic resources for Chinese studies, with a union list of major Chinese language databases currently used in libraries in Asia and the US. Current views on the use and development of electronic resources for Chinese studies were summarised.
Tianyu Pan and Rachel J. C. Fu
This study aims to investigate the US cruise market by analyzing industry trends and consumer psychology. COVID-19 has coexisted with human beings for more than two years, and…
Abstract
This study aims to investigate the US cruise market by analyzing industry trends and consumer psychology. COVID-19 has coexisted with human beings for more than two years, and scientists claim that human beings will continuously live with the virus for a long time. Nowadays, cruise tourism and the COVID-19 pandemic studies are still popular in both academia and the industry, and cruise industry trends and market investigations are expected by consumers and investors. The purpose of this study is to investigate the US cruise market and provide a comprehensive market overview for 2022, especially regional comparisons of consumer perceptions. This study identified consumers' preferences, including cruise duration, cruise line, travel season, and travel experience. Regional impacts were assessed by comparing the Agreement scores, and the southern region's residents show higher intention and a more positive attitude toward cruise travel. Finally, theoretical and managerial implications, limitations, and future research directions are discussed.
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Ernie Hendrawaty, Rialdi Azhar and Fajrin Satria Dwi Kesumah
The aviation business has had a difficult time due to the COVID-19 pandemic in the past year. As a result, people worldwide are limited to travel which causes a decrease in…
Abstract
The aviation business has had a difficult time due to the COVID-19 pandemic in the past year. As a result, people worldwide are limited to travel which causes a decrease in turnover from a business in the transportation sector, particularly aviation. This condition, indeed, also affects the company’s stock price. This study examines the volatility of stock prices as an initial indication of what has happened and looks at future projections. The method used in this study is the autoregressive integrated moving average (ARIMA) in achieving research objectives. The findings found that the autoregressive combined moving average on AR1 and MA1 can show conditions based on past data and predict the projection of its volatility. The aviation business is still considered to survive with daily stock prices that are relatively positive and stable for the next upcoming period.
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Tianyu Pan, Hengxuan Oscar Chi and Rachel J.C. Fu
This study aims to extend the cognitive appraisal theory by developing and validating a conceptual framework to illustrate how travelers' behavioral intention is generated via a…
Abstract
Purpose
This study aims to extend the cognitive appraisal theory by developing and validating a conceptual framework to illustrate how travelers' behavioral intention is generated via a multi-stage evaluation of health-related variables.
Design/methodology/approach
SEM and moderator analysis were conducted to examine the theoretical framework (post-intervention event travel intention) and to investigate how the appraisal process differs across travelers with various attitudes toward vaccination.
Findings
This study found that cruise travel intention was positively influenced by the perceived hedonic value and perceived trustworthiness and negatively influenced by perceived infection risk. Furthermore, whereas perceived hedonic value, perceived trustworthiness and perceived risk of infection were all predicted by crisis management, the dimensions of crisis management operated differently. In addition, vaccination attitudes amplified the unfavorable effect of perceived risk on intention.
Originality/value
Drawing on the CAT, this study developed and validated a conceptual framework to integrate crisis management with customers' behavioral intentions. This study extends existing cruise travel intention theory by demonstrating how post-pandemic travelers' behavioral intention is generated via a multi-stage appraisal-reappraisal process based on the evaluations of infection risks and cruise line crisis management.
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Tianyu Pan, Rachel J.C. Fu and James F. Petrick
This study aims to examine consumer perception during COVID-19 and identifies cruise industry marketing strategies to fill a gap in crisis management and product pricing…
Abstract
Purpose
This study aims to examine consumer perception during COVID-19 and identifies cruise industry marketing strategies to fill a gap in crisis management and product pricing literature.
Design/methodology/approach
This study developed and validated two-factor measurement scales (vaccine perception and protective behavior), which predicted cruise intents well. This study revealed how geo-regional factors affect consumer psychology through spatial analysis.
Findings
This study recommended pricing 7-day cruises at $1,464 (the most preferred length). The results also showed that future price hikes would not affect demand and that coastal marketing would help retain customers.
Originality/value
This study contributed to the business, hospitality and tourism literature by identifying two new and unique factors (vaccine perception and protective behaviors), which were found to affect consumers’ intention to travel by cruise significantly. The result provided a better understanding of cruise tourists’ pricing preferences and the methods utilized could easily be applied to other cruise markets or tourism entities.
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Bruno Sousa, Laurentina Vareiro, Ana Rita Marques, Vasco Ribeiro Santos and Marco Valeri
Jingen Zhou, Shu-Ling (Peggy) Chen and Wenming (Wendy) Shi
The cruise industry has witnessed steady growth, with passenger volume increasing from 17.8 million in 2009 to 30 million in 2019. In the context of global competition and an…
Abstract
Purpose
The cruise industry has witnessed steady growth, with passenger volume increasing from 17.8 million in 2009 to 30 million in 2019. In the context of global competition and an uncertain business environment, competition in business has changed dramatically from battles of “firm versus firm” to “supply chain versus supply chain”. Hence, the purpose of this paper is to understand the cruise industry from a chain perspective, which has not drawn widespread research attention.
Design/methodology/approach
This paper brings together the insights, opinions, concepts and frameworks from a literature review of different disciplines (maritime shipping, tourism management, logistics management, operations management and supply chain management) and analysis results from 22 semi-structured interviews to make an early attempt to conceptualise the cruise supply chain (CSC).
Findings
The cruise supply chain is elaborated on the process, the role of each entity and its characteristics by comparing with the maritime supply chain and tourism supply chain. Based on the understanding of the CSC, two specific characteristics of the Chinese CSC are examined, which need further investigation.
Originality/value
The CSC is articulated with detailed processes and characteristics based on the literature review and empirical study. The findings of this paper not only advance the knowledge of the supply chain in the cruise industry but also highlight the importance of further research on the CSC.
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Rui Zhang, Gaoliang Tian, Zichen Tian and Liuchuang Li
This study aims to investigate whether mainland Chinese audit firms’ entry into the H-share market to provide audit services affects their mainland audit pricing.
Abstract
Purpose
This study aims to investigate whether mainland Chinese audit firms’ entry into the H-share market to provide audit services affects their mainland audit pricing.
Design/methodology/approach
Using data on A-share listed companies in China from 2008 to 2018, a difference-in-differences model to test the research question is designed. Robustness tests are conducted to rule out alternative explanations and additional tests to shed light on the extent and inner workings of the main effect.
Findings
The entry of mainland audit firms into the H-share audit market leads to a significant decrease in mainland audit pricing. Moreover, this main effect is (i) growing with the importance of H-share audit services to mainland auditors, (ii) stronger for mainland auditors with lower industry specialisation and shorter tenures, (iii) partially mediated by audit efficiency and (iv) greater when mainland clients have higher bargaining power. Furthermore, mainland auditors’ entry into the H-share audit market does not result in significant deterioration in their mainland audit quality, and significantly increases their market share in the mainland audit market.
Originality/value
This study provides new empirical evidence of the relationship between audit firms’ development strategy for internationalisation and audit pricing, extends the literature on auditing issues in emerging markets and should be of potential interest to regulators and investors.
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OCLC CJK Users Group and OCLC CJK Users Group Program Committee
The OCLC CJK Users Group has prepared a list of electronic datafiles for potential loading on to OCLC. The lists of resources are useful in Chinese, Japanese and Korean studies.
Abstract
The OCLC CJK Users Group has prepared a list of electronic datafiles for potential loading on to OCLC. The lists of resources are useful in Chinese, Japanese and Korean studies.
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