Boarding the Aircraft: Trust Development Amongst Negotiators of a Complex Merger

We explore trust development in the context of an international merger negotiation. Based on in‐depth interviews with chief negotiators of the Air France–KLM merger, we contribute to existing theory by showing that trust develops in three interrelated domains: personal, process, and outcome. Progressively, trust develops in all domains on the basis of antecedents that differ between phases and domains. Distinguishing between different domains facilitates analysis of trust asymmetry and the coexistence of trust and distrust, as well as the influence of trust in interorganizational relationships.     

Nurse managers as transformational and transactional leaders

Nurse managers demonstrating transformational leadership are more likely than transactional leaders to have committed staff nurse followers. Committed followers exert extra effort, thus improving unit performance and enhancing the organization's competitive advantage.     

Appropriate statistical methodology for testing the efficiency of betting markets involving spread and totals

This paper compares the accuracy of commonly used tests of market efficiency and provides a recommendation for future research.     

Health state utilities associated with caring for an individual with cutaneous T-cell lymphoma (CTCL)

Abstract

Aim

Cutaneous T-cell Lymphoma (CTCL) is a rare form of non-Hodgkin lymphoma characterized by skin lesions, which can negatively impact the quality of life of both patients and their caregivers. The Decision Support Unit (DSU) at the National Institute for Health and Care Excellence (NICE) in the UK recently outlined a rationale for the inclusion of caregiver burden in economic evaluations. This study aimed to estimate utilities for health states associated with being a caregiver for an individual with CTCL at different stages of treatment.     

Technology transfers and the clean development mechanism in a North–South general equilibrium model

This paper analyses the potential welfare gains of introducing a technology transfer from Annex I to non-Annex I in order to mitigate greenhouse gas emissions. Our analysis is based on a numerical general equilibrium model for a world-economy comprising two regions; North (Annex I) and South (non-Annex I). In a cooperative equilibrium, a technology transfer from the North to the South is clearly desirable from the perspective of a ‘global social planner’, since the welfare gain for the South outweighs the welfare loss for the North. However, if the regions do not cooperate, then the incentives to introduce the technology transfer appear to be relatively weak from the perspective of the North; at least if we allow for Southern abatement in the pre-transfer Nash equilibrium. Finally, by adding the emission reductions associated with the Kyoto agreement, our results show that the technology transfer leads to higher welfare in both regions.     

Optimal investment strategies in an international economy with stochastic interest rates

We investigate how investors should optimally choose to invest in a dynamically complete international market. We find closed-form solutions for the optimal investment strategy and for the wealth loss an investor suffers from not investing internationally. Theoretically, we show that the gain from international investment is due to the speculative investment only, and why it is important for an investor from a large economy to invest in a small economy. In a numerical example we compare the wealth losses investors from Denmark and the U.S. suffer due to home bias.     

中国员工"工作/生活平衡"的理论框架

“:工作/生活平衡(work-lifebalance)”是全球人力资源管理领域的前沿课题。文章在对有关“工作/生活平衡”理论和实证研究的各种文献的综合回顾的基础上,提出了中国“工作/生活平衡”的理论框架。通过问卷调查,经过统计学方法的分析和检验,得出结论:发现中国员工面对的工作需求远大于世界很多国家,总体的“工作/生活平衡”状况不容乐观;中国员工老年亲属的支持作用相当显著,是中国“工作/生活冲突”的一个重要的缓和因素。