On the anti-competitive effects of quantity discounts

We analyze the competitive effects of quantity discounts in an asymmetric duopoly. We find that for a sizeable set of parameter values, quantity discounts harm the smaller firm and reduce consumers' surplus. They can even decrease social welfare, i.e. the sum of producers' and consumers' surpluses. However, the circumstances in which quantity discounts may decrease social welfare are limited and difficult to identify in practice.     

The New Deal for Young People Five Years On*

The New Deal for Young People is the major welfare‐to‐work programme in the UK. It is a mandatory multistage policy targeted at 18‐ to 24‐year‐old unemployed people. This paper investigates the long‐term effectiveness of the programme in terms of enhancing the (re‐)employment probability of participating men. It exploits the eligibility rule to identify a suitable counterfactual relying upon a simple regression discontinuity design. The combination of job‐search assistance, training, wage subsidies and job experience enhances employability by about 4.6 per cent and this effect lasts over different cohorts.     

On the conceptualization and measurement of dynamic capabilities for sustainability: Building theory through a systematic literature review

We performed a systematic literature review to explore and understand how the 23-year long debate about dynamic capabilities has addressed sustainability issues. Based on this, we propose a unifying framework that distinguishes different facets of dynamic capabilities for sustainability (DCsS) based on the different types of performance they are more suitable to predict. The theoretical contribution is twofold. First, we add to the literature by highlighting the dependence of different forms of DCsS on different levels of the centrality of sustainability outcomes in corporate strategies. Second, we shed light on the operationalizations of DCsS by providing guidance on the adoption of pertinent constructs and measurement models. The review concludes with a discussion of the managerial implications of the proposed conceptual framework to help decision makers better understand, which strategic moves to make to achieve their intended sustainability goals.     

“Couchsurfing has made me a better person and the world a better place”: the transformative power of collaborative tourism experiences

ABSTRACT

Presented as an alternative form of tourism, Couchsurfing is a predominantly non-commercial accommodation type where hosts offer a “couch” to travelers through a hospitality network. Couchsurfing.com is considered as an icon of the sharing economy and more specifically of shareable tourism. This article provides a deeper understanding of couchsurfers’ motivations and shared values. Through an empirical qualitative study, we discuss the transformative power of Couchsurfing experiences, the underlying transformational processes, conditions, and socio-psychological and behavioral consequences. We also discuss the findings’ implications for society, businesses, and tourism in general.     

Preferences regarding external information sources: a conjoint analysis of visitors to Sardinia,Italy

Utilizing a conjoint analysis approach, this study aims to examine the relative importance of external information sources for female and male international and domestic travelers utilizing data collected from 719 tourists traveling to Sardinia (Italy). Overall, findings reveal that traditional word-of-mouth (i.e. family and friends), online review sites (e.g. TripAdvisor), and the online search engines are the most important external information sources for both domestic and international travelers. However, differences in importance tourists assign to each external source exist based on type of travel (domestic versus international) and gender (male versus female). For example, while traditional word-of-mouth, online review sites, and search engines are the three most important sources for domestic male travelers, the third most important information source for domestic female travelers is found to be printed tour guides. Contributions to the current body of knowledge and managerial implications are discussed, and suggestions for further research are provided.     

A welfare evaluation of the 1986 tax reform for married couples in the United States

This paper evaluates the welfare effects of the 1986 Tax Reform Act (TRA86). We rely on different welfare metrics, which fully retain preference heterogeneity and are based on different ethical priors. We estimate utility functions with preference heterogeneity on the basis of structural models of family labor supply. Then, using these estimated preferences, we compute and compare different well-being rankings corresponding to different ways of measuring well-being. Finally, we identify the losers and the winners of TRA86, in absolute and relative terms, for each of the welfare metrics.     

Sport entrepreneurship: A synthesis of existing literature and future perspectives

International Entrepreneurship and Management Journal - Sport entrepreneurship is progressively emerging as an extremely significant stream of research. Accordingly, scholars are increasingly...     

Correction to: Sport entrepreneurship: A synthesis of existing literature and future perspectives

International Entrepreneurship and Management Journal - The original version of this article was revised. The table below shows the incorrect and correct columns.     

Responsible investments reduce market risks

Decisions in Economics and Finance - Responsible investments are considered one of the driving factors of revenues growth enhancing risk-adjusted returns. This paper investigates the effects of...