Analysis of the promotion of cigarettes at the point of sale and its attractiveness to children

Smoking habit seriously affects public health in a number of direct and indirect ways. The study reported here took place in Brazil and examined the promotional activities of the tobacco industry at the point of sale, with particular reference to their impact on children. Tobacco control policies are generally in place in developed countries, and smokers typically develop the habit while still young. Trained researchers visited a stratified sample of 429 retail outlets in the city of São Paulo, comprising the local equivalents of bars, snack bars, luncheonettes and pubs. Data for analysis were collected by direct observation at the point of sale and interviews with the person deemed to be in charge of the outlet visited. The results indicate that the tobacco industry is displaying its products within full view of children and making use of the sales' incentives offered to the retailer. The findings contribute significantly to the study of the effect of promotion at the point of sale on young smokers and can inform the policy debate on the increasing regulation of tobacco marketing promotional methods.     

On the evolution of monopoly pricing in Internet-assisted search markets

This study examines the evolution of prices in markets with Internet price-comparison search engines. The empirical study analyzes laboratory data of prices available to informed consumers, for two industry sizes and two conditions on the sample (complete and incomplete). Distributions are typically bimodal. One of the two modes of distribution, corresponding to monopoly pricing, tends to attract such pricing strategies increasingly over time. The second one, corresponding to interior pricing, follows a decreasing trend. Monopoly pricing can serve as a means of insurance against more competitive (but riskier) behavior. In fact, experimental subjects who initially earn low profits due to interior pricing are more likely to switch to monopoly pricing than subjects who experience good returns from the start.     

Aspects of University Research and Technology Transfer to Private Industry

University research in the U.S.A. is based on a tight relationship between University and economic activity. In Europe and South America, although less commonly than in the U.S.A., there's already a large amount of experiences related to the creation of "on campus" or "spin off" companies based on the results and knowledge obtained from research in University departments and R&D centres financed with public funds. The virtual base of this results in communication technologies enables private use and the appropriation of the benefits by their authors. European model, historically widely separated from private companies, has produced high quality basic research, but it has failed to obtain profit from technological development. Research funds happen to be basically public. Europe heads for economic, politic and military union. Common economic space and the growing up of the new markets, which we can foresee to be extended to other countries, will promote business opportunities and the relationship University-Industry. University institutions and faculties should think about their current ethic convictions to create a new Industry-University model in the context of a global economy.     

Must Sell

Why are moving sales a successful and widespread phenomenon? How can it be optimal for a seller to disclose her low valuation for the item to be sold? We propose an explanation based on the “lemons problem” in bargaining with asymmetric information about quality. Disclosing a low valuation signals that there are significant gains from trade, so that trade takes place when it wouldn't otherwise, and all agents are made better off.     

Religiosity,Spirituality and Work: A Systematic Literature Review and Research Directions

Journal of Business Ethics - This article presents the results of a systematic literature review (SLR) on religiosity and spirituality, particularly in the work context. We aimed to verify the...     

Exploring multiple eco-routing guidance strategies in a commuting corridor

The introduction of eco-routing systems has been suggested as a promising strategy to reduce carbon dioxide emissions and criteria pollutants. The objective of this study is to scrutinize the impacts of an eco-routing guidance system on emissions through the use of a case study in a commuting corridor. This research aims at assessing the potential environmental benefits in terms of different pollutant emissions. Simultaneously, it addresses the extent of variations in system travel time (S_TT) that each eco-routing strategy implies. The methodology consists of three distinct phases. The first phase corresponds to the adjustment of a microsimulation platform of traffic and emissions with empirical data previously collected. Second, to volume-emission-functions (VEF), developed based on the integrated modeling structure. Final, to different scenarios of traffic flow optimization performed at the network level based on a simplified assignment procedure. The results show that if the traffic assignment is performed with the objective to minimize overall impacts, then the total system environmental damage costs can be reduced up to 9% with marginal oscillations in total S_TT. However, if drivers are advised based on their own emissions minimization, total system emissions may be higher than under the standard user equilibrium flow pattern. Specifically, environmentally friendly navigation algorithms focused on individual goals may tend to divert traffic to roads with less capacity affecting the performance of the remaining traffic. This case study brings new insights about the difficulties and potentials of implementing such systems.     

Accounting Regulation and Management Discretion—A Case Note

This article explores the manipulation of published financial reports in order to counter the potentially unfavourable impact of newly introduced regulation. In this case the reported capital ratio of a major British building society was enhanced using a sale and leaseback transaction with a related party and a change in depreciation policy, methods which reflected limited alternatives. Analysis of the case is set in the context of the sector and addresses the questions of whether these manipulations were within then‐prevailing generally accepted accounting principles and why, despite disclosure in the society's financial statements, they failed to attract public comment or concern, regulatory action or an audit qualification. In examining a major British mutual financial organization we depart from traditional analyses of managerial discretion in accounting choices in British companies.     

Import Tariff and Exchange Rate Transmission in a Small Open Economy

ABSTRACT

We present a small open economy DSGE model with internal and external sticky prices in an incomplete exchange rate pass-through environment. Import tariff is included as another variable that affects the law of one price. The model is calibrated for the Brazilian economy, and the responses of endogenous variables to shocks in import tariff, aggregate supply, monetary policy, and foreign interest are analyzed. The long-run effect of the first shock is deterioration in the terms of trade because the exchange rate appreciation following this shock offsets the initial effect of the increase in import tariff.     

Cost of doing business index in Latin America

Quality & Quantity - The World Bank's Ease of Doing Business Index (EDBI) has been widely used in analyzes of attracting investments and formulating public policies. Despite its importance...