Paradigm Shifts in Economic Theory and Policy

In most countries, mainstream economic policy has not yet undergone any significant change, and there is little consensus on what, if anything, ought to replace it. However, there are some signs of an emerging transition, at several levels.     

Evolution of the chronic care role of the registered nurse in primary care

High-quality, accessible, and efficient primary care is needed as the U.S. health care system undergoes significant change. Advancing the role of registered nurses in the primary care setting is important to the solution. A large academic health center implemented five initiatives to improve the care of chronically ill patients through the expanded role of RNs in the context of the health care team. Role evolution of nurses in the pilots required some continuing education and some additional nursing support to release the pilot nurses from their usual duties. These strategies allowed the nurses to apply interventions that enhanced the coordination of care and promoted patient self-management skills. Some short-term improvements in health status were realized and barriers to self-care were identified and resolved.     

Characterizing the Real Roots for P,A, and F with Applications to Environmental Remediation and Home Buying Problems

Historically, work on multiple roots for the internal rate of return (PW = 0) equation focuses on tests for the root's uniqueness and interpreting the meaningfulness of computed roots. Instead, this article starts with problems that consist of P, A, and F cash flows. Then for all possible values of these cash flows, this article develops the boundary conditions for no, single, and multiple real roots of either positive or negative sign.

The results of characterizing these roots are applied to two examples as a foundation for conclusions about those multiple root problems and hypotheses about other problems with multiple roots. The first example is an important class of resource development projects that may require significant expenditures for environmental remediation at the conclusion of operation. The second example of buying versus leasing a home is often used to demonstrate the value of economic analysis to students.     

Multilevel Information Presentation Strategy and Customer Reaction: An Empirical Investigation in an Online Setting

This study investigates the use of polyinstantiated information in management of customer relationships. Polyinstantiation can be used to present different information to different customers who are segmented according to some criterion, such as prior purchase behavior. An empirical study shows that presentation of multilevel benefits information affects customer satisfaction with the offer and information quality which, in turn, affect the overall Web satisfaction. This effect is independent of and comparable in size to the effect of customer prior attitude toward the Web and the Internet. Although the present study employs a Web-based retail setting, the relationships between this information presentation approach and measures of user/consumer satisfaction need not be limited to retail scenarios or to online interactions. We discuss the applicability of this technique of information control to different types of interactions between organizations and their constituents.     

Jobs mismatch and productivity impact of information technology

This paper studies the link between jobs mismatch and the impact of information technologies (ITs) on the efficiency of small service firms. From the perspective of job matching theory, the paper explores how small service firms that use ITs obtain an optimal matching between new skill requirements and workforce skills. The hypotheses suggest that optimal equilibrium will be obtained by matching IT intensity to ITs training and the proportion of workers with high educational levels. The study tests the hypotheses on a large sample of small services firms in Spain. The results confirm that matching the educational levels of the workforce with the IT intensity of the firm increases the efficiency of small service firms, while mismatch will decrease it. The contribution of IT training to firms' efficiency depends on training intensity but not on IT intensity.     

Housing finance reform: the future of Fannie Mae and Freddie Mac

Business Economics - Fannie Mae and Freddie Mac have been in conservatorship for over a decade. In September 2019, the U.S. Treasury proposed a plan to release the Government Sponsored Enterprises,...     

Five decades of the Journal of Consumer Affairs: A bibliometric analysis

This study presents a retrospective of the Journal of Consumer Affairs (JCA) using bibliographic analysis between 1967 and 2019. The results indicate that both the number of JCA's publications and citations grew markedly over time. The dominant contributors to the journal are authors affiliated with U.S. institutions. Trends show increasing organizational diversity and collaboration among authors. The journal's central themes are consumer perception, consumer behavior, financial behavior, consumer spending patterns, financial literacy, consumer decision‐making processes, and marketing practices. Statistically significant relationships exist between the following article attributes and citations based on our negative binomial regression analysis. Age has a negative association with citations, but the direction of association turns positive when considering non‐linearity. A positive association exists between the number of authors, references, and U.S. affiliation. A negative relationship exists with article order, non‐academic author, top institution affiliation (FT100), funding, lead article, title length, and conceptual article.     

An application of multiattribute utility theory to the planning of emergency medical services.

This research considers the problem of relating Emergency Medical Services (EMS) to patient outcome. The hypothesis is that response time alone may be misleading as an EMS performance criterion. This research uses methods for approximating multiattribute utility functions to consider both response time and on-the-scene care. The final result is an optimization problem where the response time and desired personnel requirements are decision variables. These are important inputs in the planning for Emergency Medical Services.