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The general opinion is that as executives advance into the '90s, there will be a smaller number of executives with larger responsibilities (Braham, 1988). These changes will demand executives to be healthier physically, mentally, and emotionally (Braham, 1988).

The seven most significant forces now at work changing the world out to the year 2025 are (1) population; (2) resource management and environmental degradation; (3) technological innovation and diffusion; (4) the flows of information and knowledge; (5) global economic integration; (6) conflict; and (7) governance. Together, these seven strategic forces will have a significant impact on how the world unfolds over the next two decades and beyond. Leaders need to develop new approaches and organizational structures. Strategic coalitions between governments, international organizations, the private sector, and civil society will be essential to addressing many of these and other challenges that confront us.

A framework pertaining to the decision‐making process, called the Tourists' Cognitive Decision Making (TCDM) model, is presented for the purpose of identifying and understanding the cognitive process of trip decision making. Unlike traditional decision‐making models, the TCDM model incorporates latent influence, along with problem formulation, information search, evaluation and implementation into its framework.

Corruption in the public sector has and always will continue to be a thorn in the side of any government throughout the world. Irrespective of what control measures are put in place, corruption remains a problem in many respects. It undermines the authority and the credibility of the government and its employees, it has an effect on the economic balance of the country and it plays a major role in the spread of economic crimes in general.

The purpose of this paper is to determine the relationship between the number of waves a surfer will catch, the surfer’s characteristics, and the surf conditions; and utilize this relationship to explain wave allocation strategies chosen by surfers.

The study employed a discrete event simulation to model surfers at a well-known surf break in Southern California. Several experimental designs were implemented in the simulation to measure the effect of a surfer’s characteristics and surf conditions on waves caught; and compare different wave allocation strategies.

The number of waves that a surfer will catch is largely dependent upon the surfer’s skill level and the wave allocation strategy used at the surf break. Common wave allocation strategies fail with large crowds.

This study is the first to model the entire lineup at a surf break, providing quantitative insights into why surfers choose different wave allocation strategies.

Classical continuum models, i.e. continuum models that do not incorporate an internal length scale, suffer from excessive mesh dependence when strain‐softening models are used in numerical analyses and cannot reproduce the size effect commonly observed in quasi‐brittle failure. In this contribution three different approaches will be scrutinized which may be used to remedy these two intimately related deficiencies of the classical theory, namely (i) the addition of higher‐order deformation gradients, (ii) the use of micropolar continuum models, and (iii) the addition of rate dependence. By means of a number of numerical simulations it will be investigated under which conditions these enriched continuum theories permit localization of deformation without losing ellipticity for static problems and hyperbolicity for dynamic problems. For the latter class of problems the crucial role of dispersion in wave propagation in strain‐softening media will also be highlighted.

Public participation in policy-making can play a fundamental role in improving effectiveness via two mechanisms: strengthening the alignment between public needs and proposed measures, and increasing public consensus (and compliance) about them. It is, therefore, particularly relevant to foster public participation in sustainable mobility planning at the urban scale, as strongly recommended by the European Union, not only to avoid protests and resolve conflicts but also to find the best solutions for the city. Among many different tools and methodologies for implementing public participation, Living Labs have also shown great potential in enhancing the co-creation of strategies and measures for achieving sustainable mobility for both passengers and freight.

Through the analysis of the participatory process carried out by the municipality of Rome to support the definition of the Sustainable Urban Mobility and Logistics Plans, this chapter explores different involvement levels, tools and strategies in this field, with a particular focus on the innovative Logistics Living Lab developed in this city. This also contributes to filling a gap in the literature on how and to what extent citizens could or should participate in city logistics planning. The results of the analysis highlight that, despite these efforts, citizen participation in planning urban logistics is still a challenge that deserves additional effort and resources to be properly enhanced and improved and that a Living Lab offers great potential to meet this challenge. In turn, this case study could help policy-makers to identify solutions for more effective and acceptable measures to addressing city logistics and the externalities it generates.

This study consists of an examination of productivity growth following three major technological breakthroughs: the steam power revolution, electrification and the ICT revolution. The distinction between sectors producing and sectors using the new technology is emphasized. A major finding for all breakthroughs is that there is a long lag from the time of the original invention until a substantial increase in the rate of productivity growth can be observed. There is also strong evidence of rapid price decreases for steam engines, electricity, electric motors and ICT products. However, there is no persuasive direct evidence that the steam engine producing industry and electric machinery had particularly high productivity growth rates. For the ICT revolution the highest productivity growth rates are found in the ICT-producing industries. We suggest that one explanation could be that hedonic price indexes are not used for the steam engine and the electric motor. Still, it is likely that the rate of technological development has been much more rapid during the ICT revolution compared to any of the previous breakthroughs.

Investigates the relationship between tourists’ destination loyalty and their preferences as to destination. Destination loyalty is operationally defined as the level of tourists’ perceptions of a destination as a recommendable place. On‐site surveys of Korean outbound travellers were conducted at the Seoul International Airport, South Korea, in March 1997. Of 285 questionnaires collected from Korean outbound travellers, 265 useful questionnaires are analyzed. Multiple regression analysis reveals that three destination preferences, including different culture experiences, safety, and convenient transportation, have a positive relationship with tourist’s loyalty to the destination. Results from a path analysis show that past trip experience affects tourists’ destination preference. The implications and limitations of the study are discussed in the conclusion.

Inflation and its related uncertainty can impose costs on real economic output in any economy. This paper aims to analyze the relationship between inflation and inflation uncertainty in India.

The methodology uses a generalized autoregressive conditional heteroscedasticity (GARCH) model and Granger Causality test.

Initial estimates show the inflation rate to be a stationary process. The maximum likelihood estimates from the GARCH model reveal strong support for the presence of a positive relationship between the level of inflation and its uncertainty. The Granger causality results indicate a feedback between inflation and uncertainty.

The research results have important implication for policy makers and especially the Reserve Bank of India.

It provides strong support to the notion of an opportunistic central bank in India.

The results of the paper are of relevance not only to the monetary policy makers but also to academicians in India and other developing countries.