Involuntary unemployment and inventories: An exploratory model of equilibrium and pure competition

We build up a model where the combination of labor supervision costs and non-uniform tastes results in a perfect-foresight equilibrium with positive involuntary unemployment and inventories even when prices and wages are assumed to be perfectly flexible. We show that the model could explain a positive association between the real wage and the level of employment (contrary to the standard post-Keynesian model), and a negative one between inventories and employment.     

Teaching accounting information systems using a case study approach

The Accounting Information Systems course has been a difficult and frustrating course to teach. This article explains the case study approach taken at BYU that seems to solve many of the problems encountered with this approach. The cases used are described as well as the benefits and problems encountered with this approach.     

On the use of risk analysis for the evaluation of industrial R&D expenditures

This paper focuses on a particular aspect of the R&D decision process, i.e. the screening of alternative projects at the firm level. A review of the traditional methods of risk analysis, based on two-parameter measures of risk and return, strongly suggests that they are unable to capture the essential skewed nature of R&D decisions due to the underlying assumption of normal distributions. Fortunately, the availability of alternative models based on ‘distribution free’ methods has significantly increased our ability to evaluate highly skewed returns. This paper sets out, in some detail, the case of using one such model, the stochastic dominance paradigm, to screen R&D proposals.     

Developing priorities for improving the urban social environment: A use of Delphi

A specially modified Delphi exercise was designed to satisfy two study objectives: (1) to develop components for satisfaction indicators of the modern urban milieu, and (2) to determine the importance and alterability of components of dissatisfaction experienced by the urban dweller. The study of both importance and alterability of components of dissatisfaction leads to priorities for application of resources in both improving existing conditions in modern cities and in developing plans for the design of new cities.     

Export Barriers and Problems Associated With Exporting Icelandic Marine Products Under Conditions of Export or Die

We have examined perceived barriers to the export of Icelandic marine products and how they have changed over a period of nearly 20 years. We used qualitative and quantitative information from two different surveys conducted in 1993 and 2011. We identified nine main barriers to export that existed in both 1993 and 2011, plus an additional seven factors that prevailed only in 1993 or only in 2011. Further, we distinguished whether these factors were internal or external to the decision area of the Icelandic export firms. This report details the outcome of each survey, compares them quantitatively, and explains the patterns observed using the survey interviews of exporters.     

Environmental practices in the wine industry: An empirical application of the theory of reasoned action and stakeholder theory in the United States and New Zealand

Industry transformation related to environmental stewardship has received significant scholarly attention over the past decade. However, limited theoretical and empirical work examines the motivations for improving environmental performance in an industry in different countries. In this paper, we develop a set of hypotheses, based in the theory of reasoned action and stakeholder theory, regarding drivers of the adoption of environmental practices in the wine industries of New Zealand and the United States. We test our hypotheses using data from survey questionnaires collected in each country. Our findings suggest that subjective norms and internal stakeholder pressures are common drivers of the adoption of environmental practices in these two countries. However, managerial attitudes and external stakeholder pressures are not significant drivers. We also find that managerial attitudes and export dependence are stronger determinants of environmental practice adoption in New Zealand compared to the U.S.