Influence of the user’s psychological factors on the online purchase intention in rural tourism: Integrating innovativeness to the UTAUT framework

This study explores the process of adoption of new information technologies by the users of rural tourism services and, more concretely, the underlying psychological factors of individuals that explain their intentions to make bookings or reservations directly through the websites of the rural accommodations (online purchase intentions). Based on the Unified Theory of Acceptance and Use of Technology (UTAUT), this study establishes a theoretical model that includes five explanatory variables of the online purchase intention: performance expectancy, effort expectancy, social influence, facilitating conditions, and innovativeness. The empirical results obtained in a sample of 1083 tourists that had previously visited several websites of rural accommodations suggest that the online purchase intention is positively influenced by: 1) the levels of performance and effort expected with regard to the transaction; and 2) the level of innovativeness of users. In addition, the innovativeness construct has a moderating effect on the relationship between performance expectancy and online purchase intention.     

Production Externalities,Congruity of Aggregate Signals,and Optimal Task Assignments*

In this paper, we consider the role of production externalities in the task assignment problem. Milgrom and Roberts (1992) suggest that complementarities available when agents are assigned to diverse tasks are necessary to overcome distortions in effort allocations caused by an inability to fine‐tune incentives when agents' compensation is based on aggregate imperfect signals. Our analysis formalizes this intuition in a setting that encompasses externalities under both diverse and similar task assignments.     

The ‘if-then’ rules matter more? The roles of regulatory focus and leader–member exchange

This study aimed to explore the impact of regulatory focus on employees’ effort behavior and social loafing in the context of international tourist hotels. The moderating effect of leader–member exchange on this causal relationship was also examined. Data were analyzed using a regression model of 708 valid responses obtained from frontline employees working in five-star international hotels. The results reveal that regulatory focus is positively related to effort behavior and partially supports social loafing. Leader–member exchange moderates the relationship between promotion focus and effort behavior as well as between prevention focus and effort behavior. These findings provide managerial implications for hotel managers in regard to predicting positive work behavior and minimizing negative behavior in the workplace.     

Optimal contest design under reverse-lottery technology

In this paper, we study effort-maximizing contest design under the “reverse” nested lottery contest model of Fu et al. (2014) — which is the “mirror image” of the conventional nested lottery contest of Clark and Riis (1996). We show that under the reverse-lottery technology, a single-stage winner-take-all grand contest dominates all other feasible designs when the contest is sufficiently noisy. This result is in dramatic contrast to the conventional wisdom on the optimality of multistage elimination contests that is grounded under the conventional nested lottery contest technology in the literature. In the framework of a noisy-performance ranking model, the conventional and reverse models differ only in the noise on players’ performance. Our study therefore reveals the important role that the noise term plays in modeling imperfectly discriminatory contests.     

主制造商-供应商模式下民用飞机研制供应链努力程度协调模型

民用飞机越来越多地采用主制造商供应商模式。供应商的努力程度在很大程度上决定了飞机的研制水平。因而作为供应链利益的集成者和分配者的主制造商,就会利用其自身的信息优势和主导地位,对供应商的努力程度进行统一协调。本文主要采用Nash均衡和Shapley值等方法构建了基于供应商努力程度的供应链协调模型,重点研究在主制造商的统一协调下实现供应链整体利益和各成员利益最优的,问题。研究结果表明,主制造商统一安排各供应商的努力程度使整个供应链的利益最大化,而主制造商对利益的合理分配则能增加供应链各成员的利益,实现整个供应链的有效协调。     

预制语块对商务口译教学的启示

心理语言学研究的发展带动了对预制语块的本质及其加工过程的认识,为口译理论和实践的研究提供了崭新的视角。笔者分析了商务口译所涉及的语言信息的特点,结合吉尔的认知负荷模型,探讨预制语块对商务口译教学的启示。     

万明坚重提上市

2007年是长虹手机的品牌年。在加入国虹通讯两年之后，万明坚一改过去“农村包围城市”的老路线，在三、四级市场卖了一年多低端手机后，忽然掉转枪口瞄准了一、二级市场。2008年将是万明坚事业的一个拐点。     

委托代理框架下的薪酬及对经理人的激励

在委托代理问题当中,如何支付代理人的薪酬一直是研究的热点。本文考虑了信息对称(代理人行为可观测)和信息不对称(代理人行为不可观测)两种情况下经理人的最优努力程度及委托人支付给经理人的最优薪酬。文章还以若干封闭式基金的累计单位净值及管理人报酬等数据,分析了我国封闭式基金的业绩对薪酬的影响。     

外资并购后增资的生产力效应:物化技术与激励约束

外资并购后增资目标企业不仅仅增加资本数量从而缓解资金短缺矛盾,而且因为物化技术的存在更能便利中方提高技术水平;不仅如此,并购后增加费本还能在一定程度上提高中方企业经理和员工的激励水平.当然,外资方增加资本过多将导致独资化出现.     

Moral Hazard, Effort Sensitivity and Compensation in Asset-Backed Securitization

One interesting explanation for asset securitization is the managerial agency theory—where securitization of cash flows that are relatively insensitive to managerial effort reduces the noise for cash flows that are sensitive to managerial effort (Iacobucci and Winter, 2005). This paper extends this concept in several ways. First, we differentiate the effects of noise and effort sensitivity on managerial effort and compensation, underscoring the importance of a less noisy environment. We also carefully delineate the conditions under which asset securitization would improve the welfare of managers and shareholders of the originating company. Second, we relax the assumptions regarding the expected income-producing function and the income variance, and further take into consideration the change of the marginal production of income with respect to effort before and after securitization. Third, under a multitask principal-agent model framework, we explore how the relationship between managerial activities on different assets affects the incentive compensation for the manager of the originating company and the joint surplus for shareholder and manager. This is particularly relevant when entire buildings are securitized as opposed to pools of income-generating assets. Finally, we examine the role of the third-party servicer.