On academic publishing,the myth of the East–West nexus,and tourism scholars in a regime era – a commentary on “The global permutations of the Western publication regime” by Erik Cohen,Scott A. Cohen,and Victor T. King

The article, “The global permutations of the Western publication regime” (http://dx.doi.org/10.1080/13683500.2016.1272556), inspires this short commentary. I respond directly to two points made in the original article about academic publishing and divisions between the “East” and “West” and make an additional point about the role of tourism scholars in these debates. My reason for writing this commentary is twofold: to take seriously the publishing regime’s influence in academia around the world and to challenge a universalizing critique of its features.     

如何选择核级流体系统元件供应商

随着核电行业的重新振兴,世界各地开始兴建许多新的大型核电项目,导致有核级资质的元件产品供应商短缺。在20世纪后30年,核工业的衰退使得供应商锐减,一些元件供应商破产倒闭,其它的则放弃了维护成本昂贵的核电认证项目。今天,随着核电行业的复兴,公用事业公司、工程公司、建设公司和大型设备供应商发现在寻找具有广泛产品线及有能力在合理时间内交付产品的合格元件供应商方面有很大困难。     

Skills audits - a framework for local economic development

Skill creation and utilisation are important to local economic development as they represent an area in which local authorities have a track record of intervention and some very real powers, through their ability to influence parts of the training infrastructure. There is, of course, no direct causal link between changes to the training system and local economic performance. Fine-tuning the training infrastructure to meet identified needs in the labour market must be recognised as a necessary not a sufficient condition for creating or retaining jobs.

In providing an organising framework for a skills audit we have emphasised the four dynamic elements of a local skills pool: utilised skills, under-utilised skills, and the depletion and replenishment of skills. From our initial run through of the framework several factors already emerge as important considerations -- the need to try to establish an age profile of skilled workers, the desirability of providing a .local technology profile and the need to foster and maintain responsiveness in the training system to changing skill needs. This latter aspect requires local initiatives to improve signalling between demand and supply for training.     

The Relationship Among Market-Making Revenue, Payment for Order Flow, and Trading Costs for Market Orders

We study the division of market-making revenue among dealer, broker, and trader. When Knight Securities, a major Nasdaq dealer, interacts with market orders in actively traded stocks during the fourth quarter of 1996, we estimate that its revenue is $0.057 per share. Knight pays brokers at least $0.025 per share (44% of revenue) for orders. To examine whether brokers appear to share these payments with traders, we compare net trading costs (trade price net of commissions) for traders using brokers routing Knight orders with estimated net trading costs for traders using the only discount broker we can determine did not directly receive market-making revenue. We find that the net trading cost of the broker refusing order-flow payments does not dominate the net trading cost of all brokers selling order flow to Knight. This finding suggests that order-flow payments do not unambiguously harm traders and challenges the conclusions of extant studies using only trade prices to assess market quality.     

Book Reviews

Stephan Haggard (2000), The Political Economy of the Asian Financial Crisis, Institute for International Economics, Washington DC, pp. xvii + 272.

Colin Barlow (ed.) (1999), Institutions and Economic Change in Southeast Asia: The Context of Development from the 1960s to the 1990s, Edward Elgar, Cheltenham, pp. xi + 204.

Asian Policy Forum, Asian Development Bank Institute (Forum Secretariat) (2000), Policy Recommendations for Preventing Another Capital Account Crisis, Asian Development Bank Institute, Tokyo, pp. ii + 16.

Masaru Yoshitomi and Sayuri Shirai (2000), Technical Background Paper for Policy Recommendations for Preventing Another Capital Account Crisis, Asian Development Bank Institute, Tokyo, pp. ii + 85.     

The Sexual Orientation Wage Gap for Racial Minorities

We explore the sexual orientation wage gap across four race and ethnic groups in the 2000 U.S. Census: Asian, black, Hispanic, and white. Using decomposition analysis, we explore if racial minority groups experience the same pattern of sexual orientation wage differences as their white counterparts, and how racial and sexual orientation wage differences interact over the distribution of wages. For men, we show a combined unexplained penalty greater than the sum of their individual unexplained race and sexual‐orientation differentials. Racial minority lesbians, however, earn higher wages than what the sum of their racial and sexual‐orientation analyses would suggest.     

Beyond risk mitigation: Enhancing corporate innovation with scenario planning

The impact of exogenous shocks on business strategy, and possible responses to those threats, have received growing attention when considering the challenges of conducting business in an increasingly complex business environment. Scenario/contingency planning is a tool used by firms to translate their organizational learning capabilities into preconceived operational responses designed to react to, and then recover from, an exogenous shock. The use of scenario planning that includes exogenous shock scenarios has become a best practice in many industries. This article explores the additional potential usefulness of scenario planning as a tool for promoting innovation and corporate entrepreneurship.     

Food tourist segmentation: Attitude,behavioral intentions and travel planning behavior based on food involvement and motivation

This study assessed attitudes, intentions, and travel planning behavior for potential food tourists. Using two-step cluster analysis, respondents were segmented into three groups based on food involvement and motivation. These clusters had high, moderate, and low food involvement and motivation levels, respectively. Findings suggest moderate motivation and involvement food tourists are the largest group, but high motivation and involvement food tourists should be pursued by practitioners. They have the most positive attitudes and strongest intentions to consume local cuisine. Further, high motivation and involvement food tourists are most likely to select a destination based on the availability of food-related activities.     

Restaurant Authenticity: Factors That Influence Perception,Satisfaction and Return Intentions at Regional American-Style Restaurants

This study assessed perceptions of authenticity and its relationship with satisfaction and return intentions for regional American-style restaurants using randomly selected customers at a Southern-style country-cooking restaurant. Results showed that personal and restaurant attributes influenced perceived restaurant authenticity, with a restaurant’s food and beverage and local community marketing having the strongest influences. Results also showed that perceived authenticity influences restaurant satisfaction and return intentions. Findings suggest restaurants should ensure their food and beverage meets customers’ authenticity standards and that they should promote their community connections in order to enhance diner loyalty and return patronage. Implications are discussed in detail.