The Strategic Use of Contextual and Competitive Interference to Influence Brand-Attribute Associations

Broadening brand positioning is challenging because strong brand images are resistant to change. Consumers are likely to reject attempts to associate new discrepant attributes due to incongruence with the brand's existing image. This research presents a contextual and competitive interference-based advertising tactic that facilitates acceptance of new attribute information into familiar brand meaning. Advertisers can influence new attribute associations by featuring an advertising image similar in both style and meaning to a competitor. Boundary conditions image similarity and competitor selection, and process variable response time, are investigated. This tactic presents a strategic way to use the cluttered advertising environment advantageously.     

Handle with care: Avoiding and managing retaliation claims

Anti-retaliation protections for whistleblowers are routinely included in federal statutes. During the past decade, claims of retaliation in employment-related cases have grown in numbers and in reach, due in part to a seemingly far-reaching commitment by the U.S. Supreme Court to interpret anti-retaliation provisions to provide maximum protection to complainants. Employers must take care not to run afoul of the anti-retaliation provisions; however, that does not mean that employees who complain of discrimination are ‘untouchable.’ This article provides an overview of anti-retaliation law as it relates to the employer–employee relationship and outlines eight practical tips for managing and avoiding retaliation claims. Though anti-retaliation provisions provide ample reason for employers to proceed with caution in the face of employee complaints, employers need not succumb to paralyzing litigation fear when addressing concerns regarding complaining employees’ performance issues.     

Organizational socialization and positive organizational behaviour: implications for theory,research, and practice

The purpose of this paper is to advocate a shift in research and practice on organizational socialization towards one based on positive organizational behaviour (POB). First, we demonstrate how the prevailing perspectives of organizational socialization are based on a cognitive‐learning process that emphasizes information and knowledge acquisition. We then review the literature on POB and psychological capital (PsyCap) and argue that socialization processes should be designed to develop the PsyCap of newcomers. We offer a new approach to organizational socialization called socialization resources theory (SRT) and describe four broad socialization resources that can be used to develop newcomers' self‐efficacy, hope, optimism, and resilience. Finally, we discuss the implications of this approach for research and practice on organizational socialization. Copyright © 2010 ASAC. Published by John Wiley & Sons, Ltd.     

Are historic districts a backdoor for segregation? Yes and no

We study how historic district programs impact residential segregation in Denver. We find that homebuyers are more likely to be White within historic districts, but official historic designation has no effect on this probability. More specifically, we calculate that the predicted probability of having a White homebuyer increases from 77 to over 80 percent when the home is located within a historic district. Similarly, we find that most transactions flow from White sellers to White buyers, regardless of official designation. Thus, while historic districts tend to be more segregated, official designation does not seem to amplify this existing problem.     

The effect of the Mahathir regime on the Malaysian economy

Dr. Mahathir bin Mohamad is often credited with Malaysia's dramatic economic success post-1980. It is well known that the Mahathir regime installed centralized power in the Office of the Prime Minister (PM) and greatly extended state capacity through a far-reaching clientelist system. Prima Facie, the Malaysian experience appears to validate power centralization and state capacity as complementary to economic development. Though these changes did make Malaysia more susceptible to corruption, dramatically exhibited in 2015 with the 1MDB 5 billion dollar scandal, it has been argued that the clientelist political structure installed in Malaysia generally manages corruption at tolerable levels in order to provide the state the capacity needed to implement controls for economic development that began in the 1980s. While Malaysia experienced impressive economic growth during the Mahathir administration, our test using the Synthetic Control Method finds that GDP per capita fell well below what would have been expected under the governing structures in place in the 1970s, before Mahathir took office—a loss of approximately $4000 per capita below its potential. This study provides evidence of powerful negative economic consequences attributable to greater power centralization and enhanced state capacity inaugurated under Mahathir.     

A PATHWAY TO HOMEOWNERSHIP? EVIDENCE FROM THE IMMIGRATION REFORM AND CONTROL ACT OF 1986

The impact of legal status on economic outcomes has been well documented in the literature with most research focused on labor market outcomes such as wages and occupational mobility. In this paper, I utilize the exogenous variation created the Immigration Reform and Control Act (IRCA) of 1986 to estimate the effect of amnesty polices on homeownership among undocumented immigrants. Using a regression discontinuity framework, the results suggest that the IRCA increased homeownership rates of eligible immigrants by around 4 percentage points relative to ineligible immigrants. Moreover, an extension to the main analysis suggests that immigrants ineligible for the IRCA adjusted their household formation by increasing the rates of coresidency. (JEL J61, R23, R31)     

An Economic Analysis of the Returns to Canadian Swine Research: 1974–97

This paper reports a new set of estimates of the returns to swine research in Canada. These estimates are obtained using Agriculture and Agri‐Food Canada's Canadian Regional Agricultural Model (CRAM). Positive Mathematical Programming is incorporated into the model for use in this study. The CRAM allows the effects of supply shifts from technological change in the hog industry to interact with product and factor market conditions in the rest of Canadian agriculture. Extensive sensitivity analysis is conducted to examine the robustness of the return estimates under variations in some of the key assumptions employed in the analysis. The costs of public and private sector swine research are estimated. Public sector research costs are inclusive of the marginal excess burden of taxation. Overall, the estimated benefits from Canadian swine research are high relative to the estimated costs for the time period considered. Previous estimates of the returns to Canadian swine research were obtained by Huot et al. (1989) with a partial equilibrium model that did not allow for intra‐sectoral resource use adjustments. The estimated returns obtained in the present study are generally higher than those obtained by Huot et al. For example, the estimates obtained from the direct application of the econometrically estimated supply function in this study gave an internal rate of return of about 124% and a benefit‐cost ratio of 22.4 to 1. Huot et al reported comparable estimates of about 43% for the internal rate of return and 6–7 to 1 for the benefit‐cost ratio. The differences in returns are not solely attributable to the use of a multi‐market versus a single‐market partial equilibrium approach. There are also differences in the estimates of the marginal excess burden of taxation between the two studies. L'analyse que void présente une nouvelle série d'estimations quant au rendement de la recherche porcine au Canada. Ces estimations dérivent du Modèle d'analyse régionale de l'agriculture du Canada (MARAC) du ministère canadien de l'Agriculture et de l'Agroalimentaire. Aux fins de la présente étude, on avait intégré au modèle une programmation mathématique positive. Le MARAC autorise l'interaction entre les retombées d'une modification de l'offre attribuable au virage technologique de l'industrie porcine et les conditions du marché des produits et des facteurs dans le reste de l'agriculture canadienne. Les auteurs ont effectué une analyse de sensibilité poussée en vue d'établir la robustesse de leurs estimations quand variaient quelques‐unes des principales hypotheses de l'analyse. On a estimé le coût de la recherche sur les pores poursuivie par les secteurs public et privé. Dans le secteur public, le coût de la recherche incluait une charge fiscale légérement excessive. Dans l'ensemble, la recherche sur les porcs entreprise au Canada a rapporté beaucoup comparativement à ce qu'elle a coûté pendant la période à l'étude. Les estimations antérieures, établies par Huot et ses collaborateurs (1989), venaient d'un modèle àéquilibre partiel ne permettant aucun ajustement pour l'utilisation intra‐sectorielle des ressources. Les revenus estimés ici sont généralement plus élevés que ceux de Huot et de ses collaborateurs. Ainsi, une application directe de l'offre estimée par des méthodes économétriques à l'analyse donne un taux de rendement interne d'environ 124 % et un indice de rentabilité de 22,4 pour 1. À titre de comparaison, Huot et ses collaborateurs rapportent des résultats d'environ 43 % pour le taux de rendement interne et de 6 à 7 pour 1 en ce qui concerne l'indice de rentabilité. Pareil écart ne résulte pas uniquement du choix d'un modèle àéquilibre partiel reposant sur plusieurs marchés au lieu d'un seul; on relève aussi des variations dans l'estimation du léger excès de la charge fiscale entre les deux études.     

Nonparametric American option pricing

A nonparametric method is introduced to accurately price American-style contingent claims. This method uses only historical stock price data, not option price data, to generate the American option price. The accuracy of this method is tested in a controlled experimental environment under both Black, F and Scholes, M (1973) and Heston, S (1993) assumptions, and an error-metric analysis is performed. These numerical experiments demonstrate that this method is an accurate and precise method of pricing American options under a variety of market conditions. © 2008 Wiley Periodicals, Inc. Jrl Fut Mark 28:717–748, 2008     

Organizing and personalizing intelligence gathering from the web

In this paper, we describe how an integrated web‐based application, code‐named FOCI (F lexible O rganizer for C ompetitive I ntelligence), can help the knowledge worker in the gathering, organizing, tracking and dissemination of competitive intelligence (CI). It combines the use of a novel user‐configurable clustering, trend analysis and visualization techniques to manage information gathered from the web. FOCI allows its users to define and personalize the organization of the information clusters according to their needs and preferences into portfolios. These personalized portfolios created are saved and can be subsequently tracked and shared with other users. The paper runs through an example to show how the use of a predefined domain template coupled with personalization can greatly enhance an organization and tracking of CI gathered from the web. Copyright © 2002 John Wiley & Sons, Ltd.