Tracing neoliberalism in Italy: intellectual and political connections

Neoliberalism was a powerful ideology and ‘thought collective’ between the two World Wars and after WWII. The paper aims to enquire into the channels through which neoliberalism dwelled in Italian intellectual, economic and political history, from the early 1920s to the mid-1970s, unveiling the role of public intellectuals like Einaudi, and hardly unknown think-tanks like Ceses.     

Estimation and validation of hybrid choice models to identify the role of perception in the choice to cycle

Cycling is one of the most sustainable and ecofriendly modes of travel and a good form of exercise. Many government and public health authorities recommend cycling to stay fit as well as to reduce air and noise pollution, CO₂ emissions, traffic congestion, and other negative consequences of car use. In light of these benefits, a major challenge for researchers today is how to promote cycling. However, in countries where cycling is not common, apart from the need for proper cycling facilities, one major issue concerns people’s perception of cycling for sport or recreational activities rather than as a mode of transport. The aim of this paper is to explore the role of perception in the likelihood of the bike being used for utilitarian purposes. We focus on the perception of: the bicycle as a means of transport; bikeability (in terms of usefulness and safety) and of bike infrastructure. Hybrid Choice Models (HCMs) have been used to estimate the effect of people’s perception on the propensity to bike. The HCM also accounts for the serial correlation between error terms in the discrete and latent perceptions, to allow for agent-common unknown factors. Furthermore, we also validate the model results using a hold-out sample and discuss some policy measures aimed at changing travel behavior. The results suggest that, besides individual characteristics, latent aspects related to the perception of the context and of the bicycle as a means of transport strongly affect the propensity to cycle.     

Food Competition in World Markets: Some Evidence from a Panel Data Analysis of Top Exporting Countries

This paper investigates the relevance of relative prices and world income as determinants of food exports for the top trading countries in the period 1992–2012 using a panel data framework. We find that price elasticities generally take lower values for processed goods, and the opposite holds for income elasticities. Processed goods are also characterised by an inverse relationship between price elasticities and average unit values. The analysis suggests that both emerging and advanced countries can be expected to increase their export specialisation in processed goods. Furthermore, developed economies can face fierce competition from emerging countries by enhancing the quality content of their processed good exports.     

Relationships among three facets of family-supportive work environments,work–family conflict and job satisfaction: a research in Greece

The purpose of the present study is to extend the line of current enquiry related to family-supportive work environments (FSWEs), and their relationships to work–family conflict (WFC) and job satisfaction. Three facets of a FSWE are examined: family (non-) supportive culture, family-supportive management (FSM) and the model of ideal worker. Data were collected through a questionnaire survey from 612 employees. The results indicate that among the three facets of a FSWE, FSM appears to better predict both WFC and job satisfaction. Furthermore, WFC was negatively related to job satisfaction. An intriguing result is that the ideal worker model – manifested via long hours of work, visibility, availability and the dominance of organisation's needs over the family ones – was found to be positively related to job satisfaction, whilst it has no impact on WFC. Finally, the implications for practice and future research are discussed.     

The reflection effect in time‐related decisions

Despite the intuitive appeal of conceptualizing time as a resource, like money, to which prospect theory should apply, the application of prospect theory to time‐related decisions has met with mixed results. Existing literature has failed repeatedly to find evidence of loss aversion and the characteristic reflection effect in the realm of time, leading researchers to conclude that consumers have an overriding preference for certainty with respect to time, unlike other resources. This article presents evidence to the contrary. Drawing on literature from organizational behavior, the authors posit that consumers' schedules provide the reference points necessary to produce the reflection effect in time‐related decisions. Two experimental studies support this expectation. Potential rationales and limiting conditions are explored. © 2009 Wiley Periodicals, Inc.     

Advertising value and advertising processing

Advertising value research is rooted in the view that advertising messages are potential communications exchanges between advertisers and consumers. Since some level of processing effort on the part of receivers is necessary for successful exchanges to occur, it is proposed that advertising processing decisions are based on initial, spontaneous, categorical evaluations that combine to form an expected advertising value (EAV) assessment. If sufficiently positive, individuals devote additional processing effort to the advertisement and more detailed ad-related factors become the focus. Once processing ends after some or all of an advert has been taken in, an evaluation of whether or not the effort was actually worthwhile - designated as outcome advertising value (OAV) - should be a measurable outcome. Factors that account for OAV and its relationship to attitude-toward-the-advertisement (A ad ) are also discussed.     

Trading networks and liquidity provision

We study the profitability of traders in two fully electronic and highly liquid markets: the Dow and Standard & Poor?s 500 e-mini futures markets. Using unique information that identify counterparties to a transaction, we show and seek to explain the fact that the network pattern of trades captures the relations between behavior in the market and returns. Our approach includes a simple representation of how much a shock is amplified by the network and how widely it is transmitted. This representation provides a possible shorthand for understanding the consequences of a fat-finger trade, a withdrawing of liquidity, or other market shock.     

A vision of futures studies

The article looks at futures studies from the point of view of the author who has spent over 30 years in the field, with special reference to the World Futures Studies Federation. It suggests that visions are essential for conducting futures studies and education in futures studies is vital for preparing future oriented new generations. The author points out that around the world women are developing silent alternatives to the present societies geared to conflict and violence; this may lead to non-violent changes of which many are not aware. Futures studies will also benefit from examining futures of cultures as we seem to be developing a new culture of peace.     

The strength of weak ties in crime

The aim of this paper is to investigate whether weak ties play an important role in explaining criminal activities. We first develop a model where individuals learn about crime opportunities by interacting with other peers. These interactions can take the form of either strong or weak ties. We find that increasing the percentage of weak ties induces more transitions from non-crime to crime and thus the crime rate in the economy increases. This is because, when the percentage of weak ties is high, delinquents and non-delinquents are in close contact with each other. We then test these predictions using the U.S. National Longitudinal Survey of Adolescent Health (AddHealth), which contains unique detailed informations on friendship relationships among teenagers. The theoretical predictions of our model are confirmed by the empirical analysis since we find that weak ties, as measured by friends of friends, have a positive impact on criminal activities.