CONFIDE: A Collective Decision-Making Procedure Using Confidence Estimates of Individual Judgements

An algorithm (termed CONFIDE) is proposed that may capture many of the benefits of group decision making without the necessity of face-to-face interaction. The algorithm allows individual decision makers to differentially weight the contributions from members according to the confidence with which each member holds to their opinions. The CONFIDE algorithm is compared to both face-to-face group decisions and simple averaging of group members opinions on the Lost-at-Sea ranking task. Results indicate that, in terms of decision quality, the CONFIDE algorithm produces solutions equal to that of the face-to-face group decision method and significantly better than the solution achieved by simple averaging of group members responses.     

Accommodating Religious Expression in the Workplace

Religious expression in the workplace has been gaining more prominence and attention with the increasing diversity of the population. Employers are legally required to reasonably accommodate the religious practices and beliefs of their employees. This article will examine the most common types of religious expression in the workplace and will discuss the extent of the legal obligation of an employer to accommodate those expressions.     

Globalisation and the competitiveness of regional blocs

Both globalisation and regionalisation have gained momentum in the last two decades in every part of the world, involving economies at all levels of development. The following article examines the major determinants affecting the competitive position of selected regional blocs and suggests some policy stances which promise to support both further regional integration and improved competitiveness at a global level.     

Valuing and value in diversity: the policy‐implementation gap in an IT firm

The focus of UK‐based research on diversity theory and diversity managers has led to a relative dearth of studies focusing on the critical issue of line managers' agency in policy implementation. This article provides a context‐sensitive organisational case study of the policy‐implementation gap in the UK base of one multinational IT company. The article explores male and female managers' perspectives on valuing diversity at a level of general abstraction, and the extent to which they see value in diversity for the effectiveness of their project teams. In the context of a White, male‐dominated industry, the case study shows how the gap is sustained rather than bridged despite the implementation of numerous diversity initiatives.     

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Customer Satisfaction and Elapsed Time since Purchase as Drivers of Price Knowledge

This study investigates the influence of customer satisfaction and elapsed time since purchase on customers’ explicit and implicit knowledge of price. The results of two large, independent surveys of customers who purchased a consumer durable good indicate that customer satisfaction and elapsed time have different effects on explicit versus implicit price knowledge. Customer satisfaction has a negative impact on explicit price knowledge, but no substantial effect on implicit price knowledge. The length of time between purchase and retrieval of the price information has a negative impact on explicit price knowledge but no substantial effect on implicit price knowledge. Finally, customer satisfaction has a moderating role, in that the higher the customer satisfaction level, the stronger the negative impact of elapsed time on explicit price knowledge.     

The impact of option introduction on the conditional return distribution of underlying securities

This paper combines several interesting econometric techniques to examine changes in the conditional return distribution of security returns following option introduction. An EGARCH model is used to characterize the return generating process. An intervention analysis is performed to determine whether the parameters of the EGARCH model shift following initial options listing. This paper finds that the conditional distribution of security returns is unaffected by option introduction. Estimation of a transfer function-noise model also shows that option introduction has no effect on conditional volatility.     

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