Sharing 'worlds of risk'; improving communication with crew resource management

The risk society thesis by Ulrich Beck has been one of the more extensively discussed frameworks in environmental management. This paper tries to give an overview over Beck's extant and fragmented work and ventures to identify the main contributions and implications. It starts with a discussion of the background and principles of Beck's work and identifies the core ideas as well as the theoretical underpinnings. On that basis the paper shows the manifestation of Beck's early ideas in contemporary environmental politics revealing the influence of the risk society thesis especially for environmental management. Following on to more contemporary parts of Beck's work the paper then shows that ‘risk’ and ‘globalization’ are in fact manifestations of the same phenomenon. Both challenge and invert the role of governments on the one side and the role of various social actors on the other side. The paper concludes by discussing major consequences of Beck's thinking for the current agenda of corporate actors in particular.     

Using virtual environments and agent models in multi-criteria decision-making

Decision-making is often a complex task. There may be multiple criteria to be satisfied. The consequences of the available options will have different spatial and temporal distributions affecting different population groups and different generations. Decisions are also frequently made in a social context where perceptions can be as important as facts. In this complex environment, research into decision-making has two aspects: (a) understanding the decision process and (b) assisting the decision process. This paper is based on the premise that these are closely linked and that tools are possible which both help us to understand and provide support to decision-makers. A frequently requirement is determination of the trade-offs involved in complex decision situations. These are difficult to establish. Common approaches have used both stated preference and revealed preference techniques. The latter provides a better reflection of real decisions, primarily in market conditions, but does not have the level of experimental control available in hypothetical choice situations. Experimental economics has recently emerged to try to bridge this gap by providing for control of variables within a decision context made real by salient inducements. After review of these options, and the associated literature, we propose a series of linked developments in visualisation and modelling which will support: definition of non-dominated choice sets; interactive choice experiments which encompass spatial and temporal disaggregation; agent-based models to provide social context; and, visualisation to provide a greater sense of immersion in the decision context supported by more intuitive information. We have begun the integration of the necessary software into a virtual decision environment but this paper is focused on conceptual development.     

SETTLING LAWSUITS WITH PIRATES

A firm licenses a product to overlapping generations of heterogeneous consumers. Consumers may purchase the product, pirate/steal it, or forego it. Higher consumer types enjoy higher gross benefits and are caught stealing at a higher rate. The firm may commit to an out-of-court settlement policy that is “soft” on pirates, so high types purchase the product and low types steal it until caught. Settlement contracts, which include both cash payments and licenses for future product use, facilitate price discrimination. Settlement may either create social value by expanding the market or destroy value by limiting market access and possibly deterring more efficient entrants.     

Fashion opinion leadership among working and non-working women

Abstract The purpose of this study was to examine fashion opinion leadership among working and non-working women. Data were collected by mail survey from 630 working and non-working women in the USA. Employment orientation (i.e. viewing work as either a job or a career) and satisfaction with career apparel were investigated among working women to determine whether there are differences in these dimensions between fashion leaders and fashion followers. Results contradict earlier studies by indicating that fashion opinion leadership among working and non-working women is independent of education and income. Fashion opinion leadership among working women is independent of occupational level. Whether one works in a managerial position or a service position, or one considers work to be a job or a career, has no significant effect on fashion opinion leadership. Fashion opinion leaders among working women demonstrated greater satisfaction with career apparel and were younger than their fashion follower counterparts. Fashion leadership, regardless of work status, was found to be a strong determinant of apparel satisfaction for all women. The results suggest that the effect of being a fashion opinion leader may be greater when considering apparel that is more salient to the wearer.     

From hub to tourist destination – An explorative study of Singapore and Dubai's aviation-based transformation

The growth of air transport networks and deregulation have allowed small, low-populated places like Singapore and Dubai to become major international tourism destinations. Both have used tightly combined airline, airport and tourism strategies to help achieve this. Here we analyse developments in Singapore and Dubai by examining interactions between their airlines, airports, governments and tourism authorities, and how integrated management strategies leveraged their aviation traffic hubs to develop tourism destinations.     

A Porpoise in the Market

In the late 19h century, Alfred Marshall used a fish market as an example of a perfectly competitive market. A hundred years later, New York's Fulton Fish Market has many of the characteristics of a traditional and competitive fish market, despite the documented presence of Mafia involvement. Shivering in the market day after day before dawn, the author recorded sales and prices of whiting to test a primary characteristic of a perfectly competitive market, the "law of one price". Her results left her like Alice in Wonderland, sitting with her face in her hands, "wondering if anything would ever happen in a natural way again". Regression analysis - and common sense - came to her aid.     

Other lives in accounting: Critical reflections on oral history methodology in action

This paper critically evaluates the nature and practice of oral history as a narrative research methodology in accounting. Oral history allows individual subjectivity and experience to be central to the empirical data. The paper argues that such an approach allows the voices of those who have arguably been ignored, marginalised or silenced within particular contexts to be heard. Drawing on feminist approaches to research methodology, it also evaluates and problematises some of the ethical issues within an oral history methodology, arising from the interpretation and ownership of research, disclosure and reciprocity within the research relationship, and the use of friends and strangers as research participants. The paper concludes that, when approached critically and reflexively, oral history provides a sound epistemological and methodological base for understanding the meaning of events and experience to individuals, and the impact of accounting institutions and practice on their lives.