scholarly journals Subjective beliefs and economic preferences during the COVID-19 pandemic

2022 ◽  
Author(s):  
Glenn W. Harrison ◽  
Andre Hofmeyr ◽  
Harold Kincaid ◽  
Brian Monroe ◽  
Don Ross ◽  
...  
Keyword(s):  
Subjective Beliefs ◽  
Economic Preferences

scholarly journals A case study of an experiment during the COVID-19 pandemic: online elicitation of subjective beliefs and economic preferences

2021 ◽  
Author(s):  
Glenn W. Harrison ◽  
Andre Hofmeyr ◽  
Harold Kincaid ◽  
Brian Monroe ◽  
Don Ross ◽  
...  
Keyword(s):  
Subjective Beliefs ◽  
Economic Preferences

Deconstructing attitude strength: Understanding the subjective beliefs related to attitudes

2011 ◽  
Author(s):  
Jay K. Wood ◽  
Leandre R. Fabrigar ◽  
Steven M. Smith ◽  
Duane T. Wegener
Keyword(s):  
Attitude Strength ◽  
Subjective Beliefs

Gender and Economic Preferences in a Large Random and Representative Sample

2014 ◽  
Author(s):  
Anne Boschini ◽  
Anna Dreber ◽  
Emma von Essen ◽  
Astri Muren ◽  
Eva Ranehill
Keyword(s):  
Representative Sample ◽  
Economic Preferences

Ever Looser Union?

2020 ◽  
Author(s):  
Frank Schimmelfennig ◽  
Thomas Winzen
Keyword(s):  
Self Determination ◽  
The European Union ◽  
Core State ◽  
Member States ◽  
New Members ◽  
Treaty Negotiations ◽  
Differentiated Integration ◽  
Economic Preferences ◽  
New Policies ◽  
The Eu

Differentiated integration is a durable feature of the European Union and a major alternative for its future development and reform. This book provides a comprehensive conceptual, theoretical and empirical analysis of differentiation in European integration. It explains differentiation in EU treaties and legislation in general and offers specific accounts of differentiation in the recent enlargements of the EU, the Euro crisis, the Brexit negotiations and the integration of non-member states. Differentiated integration is a legal instrument that European governments use regularly to overcome integration deadlock in EU treaty negotiations and legislation. Instrumental differentiation adjusts integration to the heterogeneity of economic preferences and capacities, particularly in the context of enlargement. By contrast, constitutional differentiation accommodates concerns about national self-determination. Whereas instrumental differentiation mainly affects poorer (new) member states, constitutional differentiation offers wealthier and nationally oriented member states opt-outs from the integration of core state powers. The book shows that differentiated integration has facilitated the integration of new policies, new members and even non-members. It has been mainly ‘multi-speed’ and inclusive. Most differentiations end after a few years and do not discriminate against member states permanently. Yet differentiation is less suitable for reforming established policies, managing disintegration, and fostering solidarity, and the path-dependency of core state power integration may lead to permanent divides in the Union.

Transformation of management culture in context of supply chain digitalization

2021 ◽  
pp. 1-12
Author(s):  
Marina Kolmykova ◽  
Marija Troyanskaya ◽  
Galiya Aralbaeva ◽  
Nadezhda Seliverstova ◽  
Nadezhda Chetverikova
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Theory And Practice ◽  
Digital Culture ◽  
Management Culture ◽  
Subjective Beliefs ◽  
Culture Transformation ◽  
Top Managers ◽  
Potential Factor ◽  
Policies And Programs

BACKGROUND: Digitalization has transformed the modes of work, communication and collaboration in the workplace, which is a challenge for all organizations, requiring the adaptation of structures, strategies, leadership and management culture. In the study, it is proposed to consider management culture as a potential factor that determines the competitive management of the network structure of supply chains. Despite numerous studies dedicated to supply chains digitalization, there’s lack of researches dedicated to deep investigation of management culture transformation in context of the digitalization of supply chains requires. OBJECTIVE: The purpose of the study is to identify the determinants contributing to the transformation of management culture in context of supply chain digitalization. METHODS: The study is conceptual research that links management culture and the supply chain. Based on the evolutionary dynamism of the theory and practice of management culture, two aspects of culture have been identified: national psychology (subjective beliefs) and company potential (values and behaviour of personnel). RESULTS: It is assumed that the most effective culture in context of supply chain digitalization is digital culture as it is focused on the external environment. It has been found that the key determinants of the change are the values and behaviour of the personnel, and as a result, they create an effective approach to the management culture transformation. CONCLUSIONS: The results of the study allow managers to assess the established organizational culture that facilitates or hinders the activities of the business in order to successfully implement and achieve the goals set. The results of this study can be applied by top managers of companies facing digitalization of supply chains in developing HR and managerial policies and programs.

scholarly journals Dynamic consistency, valuable information and subjective beliefs

2021 ◽  
Author(s):  
Spyros Galanis
Keyword(s):  
Value Of Information ◽  
Single Agent ◽  
Bayesian Updating ◽  
Dynamic Consistency ◽  
Decision Problems ◽  
Backward Induction ◽  
Subjective Expected Utility ◽  
Trading Behavior ◽  
Subjective Beliefs ◽  
Convex Preferences

AbstractAmbiguity sensitive preferences must fail either Consequentialism or Dynamic Consistency (DC), two properties that are compatible with subjective expected utility and Bayesian updating, while forming the basis of backward induction and dynamic programming. We examine the connection between these properties in a general environment of convex preferences over monetary acts and find that, far from being incompatible, they are connected in an economically meaningful way. In single-agent decision problems, positive value of information characterises one direction of DC. We propose a weakening of DC and show that one direction is equivalent to weakly valuable information, whereas the other characterises the Bayesian updating of the subjective beliefs which are revealed by trading behavior.

Economic preferences and inflationary expectations

1986 ◽  
Vol 7 (3) ◽  
pp. 359-369 ◽  
Author(s):  
Paul Webley ◽  
Russell Spears
Keyword(s):  
Economic Preferences

Quanitification of sustainable hydropower potential in the Upper Indus basin

2021 ◽  
Author(s):  
Sanita Dhaubanjar ◽  
Arthur F. Lutz ◽  
David Gernaat ◽  
Santosh Nepal ◽  
Saurav Pradhananga ◽  
...  
Keyword(s):  
Indus Basin ◽  
Hydropower Development ◽  
The Sustainable Development ◽  
Upper Indus Basin ◽  
Water Demands ◽  
Management Objectives ◽  
Hydropower Potential ◽  
Economic Preferences ◽  
Context Specific ◽  
Diverse Context

<p>Considering the lack of a comprehensive assessement of hydropower potential in the Upper Indus basin, we developed and implemented a systematic framework to explore four different classes of hydropower potential. Our framework uses high-resolution discharge generated by a coupled cryosphere-hydrology model as the bio-physical boundary conditions to estimate theoretical potential. Thereafter, diverse context-specific constraints are implemented stepwise to estimate the technical, economic and sustainable hydropower potential. The successive classes of hydropower potential integrate considerations for various water demands under the water-energy-food nexus, multiple geo-hazard risks, climate change, environmental protection, and socio-economic preferences. We demonstrate that the nearly two thousand Terawatt-hour of theoretical potential available annualy in the upper Indus can be misleading because a majority of this is technically and economically not viable. Even smaller potential remains if we account for the various sustainability constraints that vary spatially. Our concept of the sustainable hydropower potential enables decision makers to look beyond the energy sector when selecting hydropower projects for development to achieveenergy security under the Sustainable Development Goal 7 (SDG7).The generated portfolio of sustainable hydropower projects is superior to the current portfolio based on outdated studies because our method looks beyond theoretical possibilities and excludes projects that conflict with management objectives under other SDGs. The spatial maps with potential and the cost curves for hydropower production provide a science-based knowledge base for hydropower development in the Indus basin. Our method could similarly be adapted to inform hydropower development in other basins across the globe.</p>

The Ex Post Accuracy of Subjective Beliefs: A New Measure and Decomposition

2021 ◽  
Author(s):  
Thomas F. Crossley ◽  
Yifan Gong ◽  
Todd R. Stinebrickner ◽  
Ralph Stinebrickner
Keyword(s):  
Subjective Beliefs ◽  
Ex Post
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