Response to “The Subprime Crisis and African Americans” by Sandra Phillips

Lucy Reuben’s Response to “The Subprime Crisis and African Americans” by Sandra Phillips includes an overview of the linkages between historical housing disparities and the adverse wealth gap from which the African American community suffers. Reuben discusses how the subprime mortgage crisis has reduced both African American homeownership and African American access to wealth-building for entrepreneurial development. Finally, Reuben offers policy recommendations related to expanding financial literacy and strengthening regulatory oversight.     

幸福哪里找

目前尚不完全清楚，为何我们距离死亡越近越感到幸福。我猜，这主要是由于雄心和预期的压力慢慢减轻。我们不再追逐那些我们永远不会拥有的东西．     

An experimental examination of the house money effect in a multi-period setting

There is evidence that risk-taking behavior is influenced by prior monetary gains and losses. When endowed with house money, people become more risk taking. This paper is the first to report a house money effect in a dynamic, financial setting. Using an experimental method, we compare market outcomes across sessions that differ in the level of cash endowment (low and high). Our experimental results provide support for a house money effect. Traders’ bids, price predictions, and market prices are influenced by the amount of money that is provided prior to trading. However, dynamic behavior is difficult to interpret due to conflicting influences. JEL Classification C91 · C92 · D80 The views expressed here are those of the authors and not necessarily those of the Federal Reserve Bank of Atlanta or the Federal Reserve System.     

Visitors’ memories of wildlife tourism: Implications for the design of powerful interpretive experiences

One of the aims of wildlife tourism is to educate visitors about the threats facing wildlife in general, and the actions needed to protect the environment and maintain biodiversity. To identify effective strategies to achieve this aim, this paper examines participants’ memories of their wildlife tourism experiences and explores processes through which such experiences can lead to long-term changes in conservation behaviour. Findings are based on 240 visitors’ extended open-ended responses to a follow-up web survey administered approximately four months after a visit to one of four marine-based wildlife tourism venues in Southeast Queensland. Qualitative analysis revealed four levels of visitor response to the experience, implying a process involving what visitors actually saw and heard (sensory impressions), what they felt (emotional affinity), thought (reflective response), and finally what they did about it (behavioural response). Recommendations are provided for ways tourism managers and wildlife interpreters can maintain and strengthen these dimensions of memorable experiences in order to enhance visitor satisfaction and encourage visitors’ long-term adoption of environmentally sustainable practices.     

Organizational Ambidexterity and the Emerging‐to‐Advanced Economy Nexus: Cases from Private Higher Education Operators in the United Kingdom

The expansion of advanced‐market economy (AME) firms into emerging‐market economies (EME) is well documented. In recent decades, EME companies have moved increasingly into AMEs, especially within the manufacturing sector, as well as other important AME sectors such as higher education (HE). However, the latter have received less attention. This study conducts an in‐depth qualitative analysis of two EME HE organizations operating in the international HE sector in London. The argument applies a theoretical framework of organizational ambidexterity with which to examine the contexts and complexities in collaborations between EME‐HE and AME‐HE firms. These argument surfaces, inter alia: differing dynamics in relation to institutional frameworks and sense making; myopic internationalization; tensions regarding organizational reputation, place, partner, and product legitimization; unfulfilled reverse innovation and “explorative‐pull” phenomena. Overall, the article develops novel conceptual frameworks of practical relevance, which inform EME‐AME firm collaborative operations in AME settings. © 2016 Wiley Periodicals, Inc.     

人在职场身不由己？

有一个有关撒谎、死亡、逃避工作和愤怒的老妇人的故事。故事的主角名叫史蒂芬·爱尔兰，他为爱尔兰国家队踢足球，但却在几周前错过了一场重要的比赛，因为他深爱的外婆刚刚过世。     

大讨厌鬼理论

首席执行官们未必生来就令人讨厌，但随着自己越来越成功，他们越来越让人厌烦。像政客一样，他们害怕说出任何可能对自己不利的话。因此，他们学会了如何令人厌烦。     

不成功怎么办

生活只是偶尔扔给我们一次讨厌的团队建设活动，而最理性的反应是：第一，想一些策略避免今后遇到同类情况；第二，回想其它任何自己擅长的事，以弥补自尊心所受到的伤害。     

Do's and Don'ts for Last Minute Revision of Economics 'A' Level

Are you worried by the prospect of the ‘A’ Level Economics exam? Roger Stokes, Economics Master at Worth School, gives advice to the anxious examination candidate.