Millenials’ intentions to book on Airbnb

ABSTRACT

The sharing economy has witnessed a significant growth in recent years, enhanced by the development of online platforms. In particular, Airbnb has witnessed a significant worldwide year-on-year growth. Given the importance and popularity of Airbnb, it is crucial to examine which factors affect intentions to book on this website. This study proposes and tests a model based on the Theory of Reasoned Action, to examine millennials’ determinants of intentions to book on Airbnb. Based on two online surveys targeting millennials from Germany and China, the results show that intentions to book on Airbnb is mostly influenced by subjective norm, desire for unique accommodation and variety, attitude and economic benefits. Surprisingly, economic benefits have the smallest effect. Perceived risk with the purchase channel was found to have no impact on intentions to book on Airbnb. Managerial implications and theoretical contributions are provided.     

Moving beyond positivism: reflexive collaboration in understanding agritourism across North American boundaries

Extant agritourism studies have employed positivistic methodologies and quantitative approaches. As such, these approaches have predominately concluded that economics motives the diversification in agritourism at the expense of uncovering the complexity of multiple factors involved. Captured in this paper are the experiences of two, independent North American (agri)tourism researchers who used interpretative research approaches, specifically interpretative phenomenological analysis and appreciative inquiry, for getting at a deeper understanding of the complexity of agritourism on family farms. Agritourism is revealed as a transitional process, and supporting farms getting into agritourism would best be accomplished through building business skills and entrepreneurial capacities. Likewise, networks are critical, especially farmer-to-farmer connections. Interpretative research methods uncovered a more holistic and complex understanding of agritourism. This perspective will better inform farmers, their families, as well as policy-makers when they design and implement new businesses, programmes, and policies in the best interest of farm families and rural communities.     

Distribution of Ownership,Short Sale Constraints,and Market Efficiency: Evidence from Cross‐Listed Stocks

We investigate the interplay between the distribution of ownership, short sale constraints, and market efficiency. Using minute‐by‐minute data during the period surrounding the short sale ban of 2008, we demonstrate that short sale restrictions cause price disparities among cross‐listed stocks when ownership in the stocks is distributed unevenly across the two markets. The stocks tend to trade at a premium in the market where long sellers are relatively scarcer, which reduces the speed at which prices adjust to bad news. The premium is driven primarily by an increase on the ask side of the market where ownership is thinner, is only evident when prices are moving down, and disappears quickly.     

长期贸易逆差与新美元政策

长期贸易逆差不仅造成美国债务积累,影响经济增长,还会减少就业岗位,降低下一代人的福利水平.美国贸易逆差长期存在的主要原因在于美元长期被高估,以及国外官方和私人投资者大量购买美元资产所致.一般情况下,货币政策、财政政策和新美元政策的目标都是以较低的通货膨胀率和较小的贸易差额来实现充分就业和最大产出.但货币政策和财政政策侧重于就业和通货膨胀,且目前政策回旋余地非常小;而新美元政策则侧重于贸易平衡,因此,其对于减少美国贸易逆差十分重要.该政策主要包括两个方面:一是通过出售美元来购买外汇,从而使外币相对美元升值,以此来扩大出口,减少进口,缩小贸易差额.二是通过对外国资本流入征税,减少外资流入,防止美元被高估.     

‘Absent fear’: Re-envisioning a future geography

This paper explores the significance fear plays, or does not play, in the practice of envisioning. Envisioning is seen as a powerful tool in the delivery of education for sustainable development, for it seeks to engage people in imagining and creating a better future. However, drawing on work undertaken with undergraduate students at the University of Glamorgan, South Wales, we argue that envisioning relies upon ‘absent fear’: it works to suppress, or make absent, fear as a valid response to present and future development. The presence of ‘absent fear’, we suggest, poses a barrier to fully engaging with the challenges and opportunities of a sustainable future, for it is difficult to conceive of a positive vision without first acknowledging and confronting our fears. It is in articulating fear, we observe, that people are more able to respond to the challenges of the future in hopeful and creative ways. Utilising work undertaken with our students this paper revisits envisioning and suggests the need to understand envisioning as a broader process of reflection and action.     

Corporate Social Responsibility and Corporate Governance: Role of Context in International Settings

This research aims to explore the relationship between corporate governance and CSR: What are the major factors that play a direct role in the establishment of this relationship? How does context and institutional background impact upon the relationship between CSR and Governance? Using in-depth semi-structured interviews from two types of governance systems in three countries over three years, this study has demonstrated that in practice, within different settings, CSR is being used both as a strategy as well as a reaction to different drivers. We call this adaptive governance where governance can be defined as a flexible system of action incorporating strategic and monitoring activities that determines the way a company enacts its responsibilities to its shareholders and stakeholders and which is determined at any given time by the interrelationship of institutional drivers and behavioural norms. Governance systems and their interrelationships with CSR are demonstrated as fluid according to the national and institutional context, economic situation and industry impact. In the eyes of practitioners corporate governance includes both structural and behavioural factors as well as responsibilities and actions towards shareholders and stakeholders. Contextual factors that this research highlights to be important to the incorporation of CSR into governance include the economic environment, national governance system, regulation and soft law, shareholders, national culture, behavioural norms and industry impacts. Hypotheses on the impact of institutional contexts, industry impacts and economic situations on different types of CSR actions are proposed for further research.     

What the EU Can Learn from the American Experience with Unemployment Insurance

This paper aims to contribute to the ongoing unemployment insurance dialogue and debate by providing an overview of the equivalent program in the US and identifying valuable lessons from the American experience.     

Information systems project management in PMJ: A brief history

The Project Management Institute (PMI) plays an important role in the training, career development, and recognition of information systems (IS) project managers. Indeed, not only do IS professionals account for a large proportion of the PMI constituency, but PMI is also influential in the training of IS project managers. This study explores further the contribution of PMI to IS project management by means of its main publication outlet, the Project Management Journal (PMJ). To do so, the contents of the 39 IS project management articles published in PMJ during 1988–2005 were analyzed. The article focuses on the following dimensions: the relative importance of IS project management articles published by PMJ; the profile of the authors of IS project management articles in PMJ; the main issues, in terms of IS project management, covered by PMJ; and the major gaps, in terms of IS project management, in the coverage of this domain by PMJ.     

Industrial relations policy and managerial custom and practice

This article, using evidence from the air transport industry, extends the concept of managerial and supervisory custom and practice to management's industrial relations policies. It offers an understanding of management's role in industrial relations and the relationship between actions and rules.