Why users share marketer-generated contents on social broadcasting Web sites: A cognitive–affective involvement perspective

As an emerging media platform, social broadcasting technologies provide users with a decentralized environment for producing and consuming information. This study develops a motivational model based on the cognitive and affective involvements of individuals to explore their intentions to share marketer-generated content (MGC). The model was empirically tested on 481 Sina Weibo users in a scenario-based environment. Results show that ad intrusiveness, anticipated rewards, category brand relevance, and brand attitude play important roles in facilitating cognitive and affective involvements. In turn, both types of involvement positively influence the intention of users to share MGC, but affective involvement yields a greater influence. Product types significantly moderate the relationship between the cognitive involvement of users and their intention to share MGC. Implications for research and practice are discussed.     

Asymmetric relationship between attribute performance and customer satisfaction: A new perspective

The objectives of this study were two-fold. First, this inquiry attempted to provide additional support to the studies conceptualizing the relationship between attribute-level performance and overall satisfaction as non-linear or asymmetric. Second, the study aimed to provide an explanation to the observed asymmetry, thus addressing the gap in the previous research in the area. Asymmetric response of customer satisfaction to different types of attribute performance was tested and interactions between attributes were examined as an explanation for the observed asymmetry. Results of the study confirmed the non-linear nature of the customer satisfaction function. Moderating effects of attribute type explained the asymmetrical relationships between attribute performance and customer satisfaction, thereby providing theoretical rationalization to the observed, but often ignored, phenomenon.     

Discursive Contestation on Technological Innovation and the Institutional Design of the UNFCCC in the New Climate Change Regime

ABSTRACT

Under the new climate change regime ushered in by the 2015 Paris Agreement, technology development and transfer have emerged as essential means of global action for climate change mitigation and adaptation. In particular, technological innovation has appeared as a leading component to be accelerated, encouraged, and enabled under the Paris Agreement. However, while making the rule book to implement the Paris Agreement, a clash has occurred between developed and developing countries over the meaning of technological innovation and the intervening policies of the United Nations Framework Convention on Climate Change (UNFCCC) to support innovation in developing countries. By exploring rule-making processes and expert-meetings under the UNFCCC, this paper examines how this discursive contestation has progressed in relation to the meaning of technological innovation and the creation of an appropriate institutional design to support developing countries’ achievement of technological innovation. The analysis is based on the theoretical framework of discursive contestation between the two discourses of de-regulatory ecological modernisation and green governmentality with right-to-development. This research concludes by positing some policy implications.     

THE PROPAGATION OF UNCERTAINTY SHOCKS: ROTEMBERG VERSUS CALVO

This article studies the effects of uncertainty shocks on economic activity, focusing on inflation. Using a vector autoregression, I show that increased uncertainty has negative demand effects, reducing GDP and prices. I then consider standard New Keynesian models with Rotemberg-type and Calvo-type price rigidities. Despite the belief that the two schemes are equivalent, I show that they generate different dynamics in response to uncertainty shocks. In the Rotemberg model, uncertainty shocks decrease output and inflation, in line with the empirical results. By contrast, in the Calvo model, uncertainty shocks decrease output but raise inflation because of firms' precautionary pricing motive.     

Shift from Input‐based Growth to Productivity‐based Growth in Korean Manufacturing Industry

The Korean economy has entered a period of relatively sluggish growth after experiencing very dynamic and high economic growth since the 1970s. The recent growth rate has been around 3 percent, which is similar to that in many advanced countries. According to growth accounting, economic growth is possible because of input increases and productivity increases. Productivity growth is much more important than input increases for long‐term economic growth. We investigated whether there was a structural break in the Korean manufacturing industry and whether the main factor contributing to economic growth shifted from input to productivity. Using various econometric methods, we tested this question and found some interesting results. First, there was an important change in the 1990s, and the productivity trend seemed to show a big structural break at that time. Second, an input increase was the main factor contributing to economic growth before the break and productivity became more important after the break. Third, there was also a major change in the relationship between international trade and productivity.     

Effects of Organizational Embeddedness on Unethical Pro-organizational Behavior: Roles of Perceived Status and Ethical Leadership

Journal of Business Ethics - This study examines why individuals who are deeply embedded in the organization may engage in unethical pro-organizational behavior (UPB). Drawing from social identity...     

Causes of the financial crisis and the need of monetary cooperation in East Asia

The Main causes of the East Asian financial crisis in 1997–98 can be divided into domestic and foreign ones. The domestic cause stems from structural and liquidity problems, with growing share of non‐performing loans in the financial sector, posing as the most visible manifestation of such problems. On the other side, there is the foreign cause, the sudden fall of the yen against the dollar under the region's unstable foreign exchange system and also its over‐dependency on the dollar. Unfortunately, these causes have not yet disappeared. In order to prevent another financial economic crisis from recurring and to secure the regional currency stability in the long run, an external safety device is indispensable. The purpose of the East Asian monetary cooperation device is not only to absorb the external shocks caused by abrupt changes in the dollar/yen rate and sudden flow of capital, but also to settle international liquidity problems among the regional countries. If a device for the East Asian monetary cooperation is established, transparency in both financial and physical markets will be augmented and in the process, so will be the stability of financial and physical transactions.     

Bridging the Conceptual Frameworks of Constraints Negotiation and Serious Leisure to Understand Leisure Benefit Realization

Constraints negotiation and serious leisure are two major conceptual frameworks that have developed independently to understand individuals’ leisure participation. Although discrete ideas, they are conceptually similar in light of the fact that they address individuals’ leisure pursuits to attain various desirable benefits. The most important connections between these two frameworks lie in their assertion of different challenges inherent in leisure pursuits together with the need for serious efforts to reach leisure goals. Using a sample of Wisconsin anglers, the goal of this study is to better understand individuals’ benefit realization process by jointly examining the two conceptual frameworks of constraints negotiation and serious leisure. The study results suggest that negotiation strategies or efforts, which are at the center of both perspectives, play a key role in realizing diverse beneficial outcomes and developing unique leisure identities.     

Understanding the City Brand in the Regional Tourism Market Among College Students

This study focuses on the regional tourism market around Buffalo, NY to investigate the relative importance of city brand and other city attributes in tourists' decision making about where to visit for a short weekend trip. A content analysis was used to identify the four competitor cities of Buffalo and the key attributes that the cities possess to attract tourists in the regional driving tourism market. Within the context of destination choice-sets model, the relative importance of the key attributes including city brands was investigated through a choice-based conjoint analysis. Shopping opportunities was found as the most important attribute, followed by restaurant/food, culture/festivals, sports, nature-based attractions, and city brand. Based on the relative importance of the attributes at an individual level, three distinctive tourist segments—Food and Shopping Lovers, City-Driven Do-It-All Tourists, and Cultural Tourists—were generated from a K-means cluster analysis. Different city attribute profiles were identified for those five cities. Implications and suggestions were presented to promote more efficient marketing efforts for regional tourism destinations.     

Measuring consumption efficiency with utility theory and stochastic frontier analysis

The concept of production efficiency has been studied since the 1960s, but consumption activity as well may be inefficient for various reasons, such as product complexity, lack of information, the bounded rationality of the consumer and imperfect markets, to name a few. This study proposes a conceptual framework for measuring the consumption efficiency of differentiated products, based on traditional utility theory. It employs stochastic frontier analysis (SFA) in an empirical analysis. It makes use of hedonic price theory to link traditional utility theory and the SFA framework. When the developed model is applied to the Korean personal computer market, empirical results indicate the levels and distribution of consumption efficiency in that market. The findings afford us a better understanding of the characteristics of the innovation process in that market.