Open Access. Powered by Scholars. Published by Universities.®
- Discipline
Articles 1 - 7 of 7
Full-Text Articles in Business
Toward A Total-Cost Approach To Environmental Instrument Choice, Daniel H. Cole, Peter Z. Grossman
Toward A Total-Cost Approach To Environmental Instrument Choice, Daniel H. Cole, Peter Z. Grossman
Scholarship and Professional Work - Business
Much of the theoretical literature on environmental instrument reflects a normative presumption that only "economic" instruments, such as effluent taxes or tradable quotas, can produce an efficient outcome. Other potential alternatives, such as non-tradable quotas or more general Pigovian taxes are ruled out as inherently inefficient. Moreover, most of the literature relies on an important but unwarranted presumption: that cost and benefit functions, although they may be subject to uncertainty, are identical regardless of the regime that is chosen; that is price and quota systems are assumed to face the same cost and benefit curves with the same expected values. …
Mexican Peso Futures And Exchange Rate Volatility, Roberto Curci, Cynthia J. Brown
Mexican Peso Futures And Exchange Rate Volatility, Roberto Curci, Cynthia J. Brown
Scholarship and Professional Work - Business
The reintroduction of Mexican peso futures contracts in April 1995 resulted from a refocus of governmental policy to the use of market-based mechanisms to stabilize the exchange rate. Interest in the Mexican peso future contracts has been high as investors look to manage their exposure from transactions and investments denominated in pesos. This study utilizes a VAR framework to analyze the relationship between the volatility in theMexican peso spot market and futures contracts trading activity. Shocks to the exchange rate volatility lead to increased hedging-type activity. Furthermore, an increase in futures contracts trading activity (reflecting additional speculation-type activity) results in …
The Meaning Of Property Rights: Law Versus Economics? , Daniel H. Cole, Peter Z. Grossman
The Meaning Of Property Rights: Law Versus Economics? , Daniel H. Cole, Peter Z. Grossman
Scholarship and Professional Work - Business
Property rights are fundamentals to economic analysis. There is, however, no consensus in the economic literature about what property rights are. Economists define them variously and inconsistently, sometimes in ways that deviate from the conventional understandings of legal scholars and judges. This article explores ways in which definitions of property rights in the economic literature diverge from conventional legal understandings, and how those divergences can create interdisciplinary confusion and bias economic analyses. Indeed, some economists' idiosyncratic definitions of property rights, if used to guide policy, could lead to suboptimal economic outcomes.
The Existence Of Gender-Specific Promotion Standards In The U.S., Kathy Paulson Gjerde
The Existence Of Gender-Specific Promotion Standards In The U.S., Kathy Paulson Gjerde
Scholarship and Professional Work - Business
This paper is motivated by the claim that promotion probabilities are lower for women than men. Using data from the 1984 and 1989 National Longitudinal Youth Surveys, this paper tests this claim and two related hypotheses concerning training and ability. It is found that females are less likely to be promoted than males, and females receive less training than males. The relationship between promotion and gender varies across occupations, however, suggesting that the alleged glass ceiling faced by women and other minorities in the workplace is not uniform across all labor markets.
The Value Of Achievement And Responses To The Work Environment, Cheryl L. Adkins, Stefanie E. Naumann
The Value Of Achievement And Responses To The Work Environment, Cheryl L. Adkins, Stefanie E. Naumann
Eberhardt School of Business Faculty Articles
The value of achievement has long been thought to relate to job performance; however, we still do not fully understand the process through which this occurs. The present study examined the relationship between achievement and responses to the work environment. Five-hundred-twenty- four sales and service agents at a major firm in the transportation industry participated in the study. Achievement was positively related to perceptions of the work environment, satisfaction with intrinsic aspects of the job, job satisfaction and organizational commitment, and performance. The findings suggest that achievement may serve as a “lens” through which the work environment is viewed.
The Use Of The Concept "Entitlement" In Management Literature: A Historical Review, Synthesis, And Discussion Of Compensation Policy Implications, Stefanie E. Naumann, Barbara D. Minsky, Michael C. Sturman
The Use Of The Concept "Entitlement" In Management Literature: A Historical Review, Synthesis, And Discussion Of Compensation Policy Implications, Stefanie E. Naumann, Barbara D. Minsky, Michael C. Sturman
Eberhardt School of Business Faculty Articles
Individuals' perceptions of what they are entitled to have long been regarded as an important area of debate. We examine the various uses of entitlement perceptions across fields to develop a typology that identifies two dimensions: employee entitlement perceptions and reciprocity in the employee-employer relationship. We discuss how our typology informs management practice. In particular, we describe the implications of our typology on employee reactions to different pay plans. Directions for future research are suggested. © 2001 Elsevier Science Inc. All rights reserved.
Quality Management, Supply Chain Management, And Just In Time: A Model Of Their Impact On Business Performance, Vijay R. Kannan, K. C. Tan
Quality Management, Supply Chain Management, And Just In Time: A Model Of Their Impact On Business Performance, Vijay R. Kannan, K. C. Tan
Management Faculty Publications
Just in time, quality management, and supply chain management have in recent years been proposed as means of improving product quality and responsiveness, while simultaneously reducing cost. The three can also be used as complementary elements of an integrated strategy aimed at improving an organization's competitiveness. This study proposes and tests a structural equation model that examines linkages between just in time, quality management, supply chain management and supplier management, and their impact on business performance. Results show that while just in time, quality and supply chain management efforts are indeed mutually supportive, it is a firm's efforts in the …