The effect of dynamic integrated resort experience on Croatian customer behavior

This paper aims to gain knowledge on customers’ experience toward integrated resorts in Croatia. Customer perception toward integrated resorts was collected via face‐to‐face survey. The multidimensional experiential values and behaviors of 354 customers were studied. The data were analyzed using structural equation modeling. Croatian customers are engaged with the integrated resort experience. This engagement influences their satisfaction and behavioral intention. Specifically, customers with high playfulness and service expectations tend to engage positive behavioral intention toward the integrated resort brand. This paper offers the first insight into the relationship between experiential value and behavioral intention in the integrated resort setting.     

Emotionally Based Strategic Communications in the Process of Societal Deradicalization

Pervasiveness of extreme negative emotions, especially anger, hatred and humiliation, as well as negative appraisal style, has a significant impact on the process of societal radicalization. Dominance of such emotions, and the corresponding appraisal style, very often threaten societal security. Emotionally Based Strategic Communications (EBSC), proposed in this article, can be used as a communications strategy for mitigating negative and promoting positive emotions within societal groups exposed to radicalization processes. Essentially, EBSC as mechanisms of positive emotional regulation strategy are based on reshaping the (re)appraisal style of radicalized groups. Grounded in the appraisal theories of emotions, EBSC are entirely non-coercive, and applicable to a wide variety of groups. Such communications strategies are also extendible to Internet-based social media networks, opening new possibilities in deradicalization processes using sentiment analysis, cognitive computing, botnets and other ICT-based methods and techniques.     

Estimating non-simultaneous changes in the mean of vectors

A sequence of independent vectors with correlated components is considered. It is supposed that there is one change point in the mean of each component and changes need not occur simultaneously. The asymptotic distribution of the change point estimators is studied. If the true change points are well separated, the explicit asymptotic distribution of the change point estimators is presented. In the case the true change points coincide, it is shown that the limit distribution of properly standardized change points estimates exists. It depends not only on the underlying time series dependence structure, but also on the ratio of the sizes of the changes. The asymptotic distribution function is not known, but due to the invariance principle it can be obtained by simulations.     

Mises, Hayek and Corruption

Using the arguments of Ludwig von Mises and Friedrich August von Hayek, I argue that private ownership solves the economic problem of corruption. Since private ownership discourages entrepreneurs from rent-seeking, and privately owned media provide objective and unbiased information to citizens, any legal reform establishing and enforcement of private ownership also solves the corruption problem.     

Some properties of inflation expectations in the euro area

This paper assesses the euro area inflation expectations by examining five different survey-based expectations indicators. The Survey of Professional Forecasters outperforms all other expectations indicators in terms of forecasting accuracy. We test the unbiasedness and efficiency of these indicators by viewing the Rational Expectations Hypothesis (REH) from a time-varying perspective in a state space framework. Our model shows that the deviations from expectations' unbiasedness and efficiency are the most pronounced in the global financial crisis. Additionally, we offer evidence that the adaptive expectations and regressive expectations models are considerably more in line with actual data than REH.     

On the Discursive Construction of Corporate Social Responsibility in Advertising Agencies

As the interest in corporate social responsibility (CSR) within advertising industry is growing, this paper explores the discourse on CSR among employees in advertising agencies. Different sensemaking dimensions are taken into account to examine how employees, as one of the key stakeholders involved in the joint meaning construction, make sense of CSR. In addition, this paper studies the legitimation approaches that employees use to address CSR of advertising agencies. The empirical evidence of discursive examples also indicates that there is a linkage between sensemaking and legitimation perspective in CSR discourse analysis and supports the idea that both may be a potential route toward institutionalization of CSR inside organizations or sectors.