Public Preferences and Willingness to Pay for Forest Disease Control in the UK

Invasive pests and diseases in trees impose a range of costs on society related to reductions in timber values, impacts on recreational opportunities and effects on forest biodiversity. These costs need to be considered when assessing control options and developing public policy. We investigate the preferences and willingness to pay of the UK general public for a range of forest disease control measures using a choice experiment with a sample of 605 people. Respondents were relatively well informed about general tree disease‐related issues, such as causes and general measures to minimise the risk of disease spread. They were less knowledgeable about specific tree diseases, with Dutch elm disease and chalara ash dieback being the most well known. We find that disease control programmes in publicly‐owned forests and forests owned by charitable trusts are more likely to be supported by the public than equivalent control programmes in privately‐owned and/or commercial forests. The nature of scientific uncertainty about diseases does not affect peoples’ preferences for disease control measures significantly. Higher respondent income, greater ex‐ante knowledge about tree diseases, and more frequent visits to forests are correlated with greater willingness to support publicly‐funded tree disease control programmes in forests. Better knowledge about tree diseases also improves the clarity of respondents’ choices. We find a negative sentiment against some disease control measures, such as clear felling of a forest, and chemical or biocide spraying. We conclude that there is significant public support for part‐financing forest disease control policies in the UK, but that this is conditional on forest ownership and the type of control measures used.     

Using Geographically Weighted Choice Models to Account for the Spatial Heterogeneity of Preferences

In this paper, we investigate the use of geographically weighted choice models for modelling spatially clustered preferences. We argue that this is a useful way of generating highly‐detailed spatial maps of willingness to pay for environmental conservation, given the costs of collecting data. The data used in this study come from a discrete choice experiment survey of public preferences for the implementation of a new national forest management and protection programme in Poland. We combine these with high‐resolution spatial data related to local forest characteristics. Using locally estimated discrete choice models we obtain location‐specific estimates of willingness to pay (WTP). Variation in these estimates is explained by characteristics of the forests close to where respondents live. These results are compared with those obtained from a more typical, two stage procedure which uses Bayesian posterior means of the mixed logit model random parameters to calculate location‐specific estimates of WTP. We find that there are indeed strong spatial patterns to the benefits of changes to the management to national forests. People living in areas with more species‐rich forests and those living nearer bigger areas of mixed forests have significantly different WTP values than those living in other locations. This kind of information potentially enables a better distributional analysis of the gains and losses from changes to natural resource management, and better targeting of investments in forest quality.     

Entrepreneurship and Social Capital: Examining the Association in Deprived Urban Neighbourhoods

Spatial approaches to examining entrepreneurship have increasingly built on theories of social capital. However, the nature and extent of local social capital in less successful deprived communities remains under researched and inadequately understood. This article examines the association between social capital and entrepreneurship in a deprived urban neighbourhood in the city of Leeds, UK as a means of contributing to an improved theoretical understanding of how space moderates this association. It is found that social capital has a strong association with patterns of entrepreneurship in deprived urban neighbourhoods, with the potential impacts being both positive and negative. The forms of social capital are found to differ from that found in more affluent localities, with a prevalence of bonding social capital as the key facilitator of entrepreneurship, which may help in the early stages of venture development, but which over time may become a constraint. Also, a lack of the bridging social capital associated with entrepreneurial success is found within the locality. From a policy perspective, it is recommended that policymakers responsible for entrepreneurship in deprived urban neighbourhoods should seek to enhance initiatives for developing social capital which incorporate local businesses, residents and local government agencies.     

A Personal Construct Psychology Based Investigation Into A Product Service System For Renting Pushchairs To Consumers

This paper explores how consumers construe a product service system (PSS) for the supply of pushchairs. A PSS is a system of products, services, networks of actors and supporting infrastructure designed to be more sustainable than traditional business models. PSSs face an implementation challenge in consumer markets, and this case based research explores some reasons for this. The study applies personal construct psychology (in particular, the repertory grid technique), which has not previously been used in relation to researching PSSs. Results suggest that a PSS might be difficult to implement in relation to pushchairs. Renting pre‐used equipment may meet resistance because of a perceived risk that acquisition by this means might endanger infants. Participants in the study construed buying new products from specialist infant product shops as being the best way of acquiring them. Accordingly, PSS providers may, for instance, have to implement certified quality assurance processes in order to reassure consumers. Copyright © 2017 John Wiley & Sons, Ltd and ERP Environment     

Controlling Mobility and Regulation in Urban Space: Muslim Pilgrims to Mecca in Colonial Bombay, 1880–1914

The meanings and practices of space shape how cities are understood and governed. This article argues that space is central to understandings of mobility and practices of regulation in the city. Undertaking an analysis of the regulation of Muslim pilgrims (Hajis) in colonial Bombay (Mumbai) from 1880 to 1914, this article explores urban governance discourses around race, religion and public health at a variety of scales. It investigates the way that Hajis were problematized through these discourses, and targeted as threats to elite power and prosperity in the specific context of Bombay as a global shipping and economic hub. I conclude that elite conceptions of the city shape the governance of problematized bodies in ways which reinforce the meanings and politics of mobility and space. Elite understandings of movement and the city itself shape the practices and targets of urban regulation and control.     

How childhood ADHD-like symptoms predict selection into entrepreneurship and implications on entrepreneurial performance

This study advances research on mental health and entrepreneurship through the examination of Attention Deficit Hyperactivity Disorder (ADHD)-like symptoms, associated with hyperactivity/impulsivity and inattention. We examine the impact of these symptoms at age 10 on entrepreneurial performance as an adult. We find that while ADHD-like symptoms in childhood may have a positive impact on entrepreneurial selection, they negatively impact on survival and performance, with a variant effect by each symptom, predominantly among males. We find that high levels of inattention predict business failure and lower take-home income, while high levels of hyperactivity/impulsivity contribute to overall negative earnings' growth.     

Modelling momentum winner/loser asymmetry: the sources of winner and loser returns in the ASX200 and S&P500

There is an established body of work showing that the sources of momentum returns change over time. This paper finds that there is also winner/loser asymmetry – that the sources of the winner and loser components of momentum returns differ from each other at the same point in time. Together, these results raise concerns about the prospect of finding a single cause for momentum profits, as most efforts to date have tried to do. Rather, they indicate that investigation should proceed using time‐varying, nonparametric and ensemble techniques.     

Accounting for Sustainable Development over the Long‐Run: Lessons from Germany

We construct long‐run sustainability indicators based on changes in Comprehensive Wealth – which we refer to as Genuine Savings (GS) – for Germany over the period 1850–2000. We find that German sustainability indicators are positive for the most part, although they are negative during and after the two World Wars and also the Great Depression. We also test the relationship between these wealth changes and a number of measures of well‐being over the long‐run: changes in consumption as well as changes in average height and infant mortality rates. We find a positive relationship between GS and our well‐being indicators over different time horizons, however, the relationship breaks down during WWII. We also test if the GS/Comprehensive Wealth framework is able to cope with massive disinvestment at the end of the Second World War due to war‐related destructions and dismantlement. We find that negative rates of GS were by and large avoided due to the accumulation of technology and growth‐friendly institutions. We demonstrate the importance of broader measures of capital, including measures of technological progress, and its role in the process of economic development; and the limits of conventional measures of investment to understand why future German consumption did not collapse.