Non-Price Rationing and Waiting Times

Author(s):  
Tor Iversen ◽  
Luigi Siciliani

This article examines the implications of using waiting times, rather than co-payments, as a rationing device. It discusses theoretical issues, empirical and policy issues, and the meaning of an optimal waiting time. The theoretical part includes theories concentrating on the demand side and the supply side. The empirical part contains studies on the implied cost of waiting from market data and estimates of demand and supply elasticities. This article states that in the absence of an over-arching welfare analysis both empirical work and policy recommendations are inevitably piecemeal and open to debate. It also describes the relationship between waiting times and the private sector. It investigates the effectiveness of different policy instruments. Finally, it suggests issues for future research.

2019 ◽  
Vol 11 (2) ◽  
pp. 213-230 ◽  
Author(s):  
Eri Bertsou

AbstractIncreasing political distrust has become a commonplace observational remark across many established democracies, and it is often used to explain current political phenomena. In contrast to most scholarship that focuses solely on the concept of trust and leaves distrust untheorized, this article makes a contribution by analysing political distrust. It argues that citizen distrust of government and political institutions poses a threat for democratic politics and clarifies the relationship between the distrust observed in established democracies and classical ‘liberal distrust’, which is considered beneficial for democracy. Further, it addresses the relationship between trust and distrust, identifying a series of functional asymmetries between the two concepts, with important implications for theoretical and empirical work in political science. The article suggests that a conceptualization of political distrust based on evaluations of incompetence, unethical conduct and incongruent interests can provide a fruitful ground for future research that aims to understand the causes, consequences, and potential remedies for political distrust.


2021 ◽  
pp. 237-244
Author(s):  
James D. Reich

The Conclusion recapitulates the book’s main arguments, as well as the main ideas of each thinker treated. It takes a step back to explore the relationship between these thinkers’ ideas and the broader inter-religious climate of Kashmir in these centuries, and then draws out some of the major implications that these ideas may hold for how we understand these thinkers and the intellectual culture of Kashmir in this period. The Conclusion also returns to the theoretical issues raised in the Introduction, discussing the role that the theory of “religion-as-vortex” might play in future research on South Asian religion—and literature more broadly—and suggesting some possible avenues for future work.


1989 ◽  
Vol 35 (1) ◽  
pp. 45-93 ◽  
Author(s):  
Merry Morash ◽  
Lila Rucker

In response to recent findings of a connection between mother's age at her first child's birth and her children's delinquency, knowledge of the increasing number of early childbearing mothers, and policy recommendations to confront related issues, the present article reports on an exploratory analysis of four data sets to document and understand the association. Although in some subgroups mother's age is related to delinquency, the relationship is heavily conditioned by presence of the child's father. The indirect effects of mother's age through biological, family dynamic, family size and structure, and community-level variables are also examined. Results are discussed separately for different racial and ethnic groups when the data allow. Conclusions include both recommendations for future research and a discussion of delinquency prevention policy.


2015 ◽  
Vol 53 (1) ◽  
pp. 100-123 ◽  
Author(s):  
Chih-Hsing (Sam) Liu ◽  
Bernard Gan ◽  
Yucheng Eason Zhang

Purpose – The purpose of this paper is to draw on social network theory to develop a new theoretical model to explain how experience and leadership influence critical network position. Broad analyses of the mediating role of leadership between experience and critical network position calls attention to the need to investigate the direct relationship between leadership and critical network position. Empirical examinations of the roles of leadership and experience within the social network context are lacking. The authors seeks to fill this gap by constructing a new theoretical model and testing it in the knowledge-intensive sector. Design/methodology/approach – The authors made 3,356 observations involving 427 faculty members in business and management departments in Taiwanese universities. To test the model, the authors performed two different regression models using the Baron and Kenny (1986) procedure and the Sobel test. Findings – The results that the authors obtained lead to three conclusions. First, scholars’ experience positively relates to leadership in grouping the followers toward the common goal and to their publications. Second, scholars’ leadership predicts occupying the critical network position, which, in turn, facilitates acquiring more information and resources. Third, experience relates to critical network position through influence on personal leadership. Research limitations/implications – Although the insights gained from the study are important in theoretical and empirical implications, this study has its limitations. The research examined the professional interaction networks of business management scholars of Taiwanese universities. Although the authors believe that the findings are generalizable to other fields of similar phenomena settings, there are also settings where the generalizability of the study is probably quite limited. Future research could study samples in other fields, such as biomedical research and chemical research, and samples in other knowledge-intensive industries. Practical implications – The results imply that managers can reap the benefits of their leadership either informal or informal organizations by occupying a critical position to control the flow of resources and information. In other words, the results indicate that leadership can be developed through experience. As well, leadership plays an important mediating role between experience and critical network positions. This may seem to contradict the evidence from research on network concepts and resources control, which primarily draws attention to leadership being a helpful quality for those in critical network positions. Originality/value – This research extends beyond previous studies that focussed on the value of critical network positions. Furthermore, the paper also examines how the relationship between prior relevant experience and leadership plays a role in academic network settings. To the authors’ knowledge, no studies explore this perspective. Finally, studies that examine the relationship between business management academic networks and different methodology used to measures the network position are few in number, and those that use such longitudinal empirical work are particularly lacking. This study addresses these issues.


2021 ◽  
Vol 10 (4) ◽  
pp. 0-0

The turn of this new century has been witnessing the effort of various leading developed and developing countries in their attempt to materialize next round of industrialization by emphasizing on innovations. To potentially provide guidance to such national efforts, this paper explores the relationship between technological innovation and industrialization and the importance of disruptive innovation in the development of a nation’s international leadership. By employing the rigor of game theory, this work first looks at key conditions under which an established market invites competition and innovation. On top of such generally true results, it is consequently shown that technological innovation is a driving force behind industrialization and that disruptive innovation can assist a nation to become an international leader. Other than providing policy recommendations, this paper concludes with open problems for future research.


2021 ◽  
Vol 12 ◽  
Author(s):  
Jianfeng Li ◽  
Luyang Zhou ◽  
Beatrice Van Der Heijden ◽  
Shengxiao Li ◽  
Hong Tao ◽  
...  

This study is aimed to examine the impact of WeChat use intensity on social isolation, loneliness, and well-being during the lockdown period of the COVID-19 pandemic. Drawing on the regulatory loop model of loneliness, the notions of Internet Paradox, the Time Displacement hypothesis and previous literature on WeChat use intensity, we propose that lockdown loneliness (partially) mediates the relationship between lockdown WeChat use intensity and well-being (i.e., lockdown stress and lockdown life satisfaction). Moreover, we assume that lockdown WeChat use intensity moderates the relationship between lockdown social isolation and well-being (i.e., lockdown stress and lockdown life satisfaction) in both a direct and in an indirect way, that is through lockdown loneliness. The results from our Structural Equation Modeling analyses, using a sample of 1,805 Chinese respondents, indicate that all of our research hypotheses are confirmed. From this empirical work, it becomes clear that online social interactions, which are believed by many people to be able to compensate for the lack of offline social interactions during the COVID-19 lockdown period, in fact are endangering their mental health and life satisfaction instead. This article concludes with theoretical and practical implications of our study, followed by its limitations and recommendations for future research.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Deepak Halan

PurposeThis paper studies the impact of social distancing causing crises (SDCC) such as pandemics in its early stages on e-tailers demand and supply side operations and provides a conceptual framework for adaptation.Design/methodology/approachA grounded theory-based approach has been used, wherein journal papers and news articles are the key data sources. Standard qualitative methodology, including open, axial and selective coding has been followed.FindingsThe study provides second order themes derived from first-order categories, the theoretical dimensions and their interrelationships on how e-tailers need to adapt to variations in online buying behaviour, manage manpower shortage and daily necessities inventory shortage, during SDCC. Panic buying emerges as a key disrupting factor as it has multiple repercussions on demand and supply side operations of e-tailers.Research limitations/implicationsExploratory qualitative research such as this is helpful in early development of a research stream and paves the way for future quantitative studies.Practical implicationsThis study makes a valuable contribution on e-tailers adaptation to SDCC with significant managerial implications. There are social, economic and policy implications too. For academicians, this study provides a conceptual framework and serves as a springboard for future research.Originality/valueThe study is unique as perhaps it is one of the first to study e-tailers adaptation to SDCC. It contributes to a body of the literature which is currently scarce but expected to grow exponentially in the coming years.


Author(s):  
Direnç Kanol

Political executives and interest groups need each other to accomplish their political and policy goals. Important actions taken by top-level bureaucrats, ministers, and heads of states might be influenced by interest groups. Interest groups, in return, might serve as soldiers for the executives, gathering information or helping them implement policies. Without studying the connections between interest groups and political executives, one cannot paint a complete picture of how any political executive work. By reviewing the research on interest groups and lobbying in political executives, this chapter offers avenues for future research about the relationship between interest groups and different political executive types, and interest groups’ impact on policy outcomes. These are not merely theoretical issues. They have implications for institutional and policy design and are of utmost importance for practitioners.


2018 ◽  
Vol 1 (1) ◽  
pp. 63-84 ◽  
Author(s):  
Nabil Ouassini ◽  
Arvind Verma

A popular perception is that left-wing extremism has its roots in the phenomenon of socio-economic inequality. Yet, empirical work analysing this perception and exploring the links between left-wing extremism and socio-economic deprivation is limited. This article examines the relationship between socio-economic-demographic indices and left-wing extremism in the state of Jharkhand in India. The analysis tests the strength of the relationship linking left-wing terrorist incidents that occurred between the years of 2005 and March of 2012 and various socio-economic-demographic factors. The results suggest that the districts that report high incidents of terrorist attacks are not only linked to socio-economic inequality but also associated with socio-demographic conditions concerning state access and the lack of penetration by security and government agencies. In the conclusion, policy implications and future research for the state of Jharkhand are suggested.


2007 ◽  
Vol 12 (03) ◽  
pp. 339-352 ◽  
Author(s):  
KLAUS JAFFE ◽  
SARY LEVY CARCIENTE ◽  
WLADIMIR ZANONI

Social capital is thought to be an important source of social cohesion and a key ingredient for socioeconomic expansion in developing nations. We study its role among street vendors and their money lenders in Caracas, an illegal business based solely on trust and social bonds. We analyzed demand and supply of credit by informal street vendors and money lenders, exploring the relationship between street vendors' assets, income generated, financial and human capital and financial strategies, and those of the money lenders. We found that street vendors' main source of working capital were money lenders, despite charging the highest interest rate. The kind and amount of credit was not correlated to higher incomes. On the supply side, we found that money lenders based their business almost exclusively on trust and manage all clients personally, which limits the growth of their business. This study suggests that the main constraint for increased productivity in the informal sector is not the cost of capital, but the transaction costs involved in accessing credit and a lack of legal enforcements, and that improvement of the lending business is difficult without institutional support.


Sign in / Sign up

Export Citation Format

Share Document