A Global Game Model of Medical Project Crowdfunding

2019 ◽  
Vol 22 (03) ◽  
pp. 1950016
Author(s):  
Damien Besancenot ◽  
Radu Vranceanu
Keyword(s):  
Positive Emotions ◽  
Social Impact ◽  
Social Role ◽  
Strategic Interaction ◽  
Global Game ◽  
Second Stage ◽  
The Social ◽  
Stage Game ◽  
Threshold Equilibrium

This paper analyzes the strategic interaction between a crowdfunding platform specialized in medical projects and a set of potential investors. The problem is cast as a two-stage game. In the first stage, the platform chooses its participation fee and selects a project. In the second stage, investors decide whether to back the project or not. We consider a crowdfunding platform which runs all-or-nothing programs and transfers funds to the entrepreneur only if an investment target is reached. Moreover, we assume that some agents present a systematic positive bias driven by positive emotions about projects with high social impact, which is a major characteristic of medical projects. We frame the second-stage investor problem as a typical global game and solve it for the threshold equilibrium. The analysis reveals that crowdfunding finance might back financially inefficient projects, a result amplified by the existence of enthusiastic investors. We further show that the optimal fee charged by the platform is related to the frequency of overoptimistic agents, a result that might explain why platforms tend to over-emphasize the social role of their projects.

scholarly journals Gathering place: a literature review on the social role of immigrant-owned food businesses in diasporic communities

2021 ◽  
Author(s):  
Janika Oza
Keyword(s):  
Literature Review ◽  
Social Isolation ◽  
Cultural Change ◽  
Information Exchange ◽  
Social Impact ◽  
Social Role ◽  
Grocery Stores ◽  
The Social ◽  
Diasporic Communities

The importance of foodways in diasporic communities makes restaurants and grocery stores significant sites where identity is reproduced and social, political, and economic interactions occur. Considering the prevalence of social isolation amongst migrants and the potential for networks and community to develop within food businesses, this literature review examines the role of immigrant-owned food businesses as cultural, social, and informational hubs amongst migrants. This paper provides a critical review of the international literature on the role of immigrant-owned food businesses within the last two decades. The main themes that characterise the literature are as follows: 1) identity and belonging, 2) community and social ties, 3) information exchange and networks, and 4) hybridity and cultural change. This research analyzes the social impact of these food businesses within immigrant communities and links these spaces to the context of social isolation and settlement-related challenges experienced by migrants. Key Words: Immigrant, food business, social isolation, settlement, community

New myths and old practices: postmodern management discourse and the decline of Fordist industrial relations

2001 ◽  
Vol 7 (2) ◽  
pp. 268-288 ◽  
Author(s):  
Luis Enrique Alonso
Keyword(s):  
Labour Market ◽  
Social Impact ◽  
Social Role ◽  
Industrial Relations ◽  
Policy And Practice ◽  
Current Management ◽  
The Social ◽  
Key Issues ◽  
Management Thinking

The aim of this article is to analyse some of the key issues in relation to new management discourses, and above all to consider their social impact in terms of their influence on overall social policy and practice. An overview will be provided of the different historical phases of management thinking, from the approaches that connect social modernisation with bureaucratic regulation, to the theories that link the postmodern world and complexity. It will also be shown how the current management guru literature, with its manipulation of the metaphors of excellence, networks and chaos, is threatening to impose a purely economic approach on how the workforce is employed. The ‘moral harassment’ and ‘corrosion of character’ resulting from a labour market that has been made excessively flexible cannot be avoided simply by relying on people's lost sense of trust, their emotions, or their individual competences. Finally, an analysis of labour market flexibility and the social role of work will be presented, with a view to identifying a new institutional framework for the management of work.

scholarly journals Gathering place: a literature review on the social role of immigrant-owned food businesses in diasporic communities

2021 ◽  
Author(s):  
Janika Oza
Keyword(s):  
Literature Review ◽  
Social Isolation ◽  
Cultural Change ◽  
Information Exchange ◽  
Social Impact ◽  
Social Role ◽  
Grocery Stores ◽  
The Social ◽  
Diasporic Communities

The importance of foodways in diasporic communities makes restaurants and grocery stores significant sites where identity is reproduced and social, political, and economic interactions occur. Considering the prevalence of social isolation amongst migrants and the potential for networks and community to develop within food businesses, this literature review examines the role of immigrant-owned food businesses as cultural, social, and informational hubs amongst migrants. This paper provides a critical review of the international literature on the role of immigrant-owned food businesses within the last two decades. The main themes that characterise the literature are as follows: 1) identity and belonging, 2) community and social ties, 3) information exchange and networks, and 4) hybridity and cultural change. This research analyzes the social impact of these food businesses within immigrant communities and links these spaces to the context of social isolation and settlement-related challenges experienced by migrants. Key Words: Immigrant, food business, social isolation, settlement, community

Synergetic Theory of Document in Evolution of Document Science

2018 ◽  
pp. 1060-1068
Author(s):  
Galina A. Dvoenosova ◽  
Keyword(s):  
Social Role ◽  
Scientific Study ◽  
Self Organization ◽  
Universal Theory ◽  
Social Self ◽  
Social Goal ◽  
The Social ◽  
Synergetic Theory ◽  
First Time

The article assesses synergetic theory of document as a new development in document science. In information society the social role of document grows, as information involves all members of society in the process of documentation. The transformation of document under the influence of modern information technologies increases its interest to representatives of different sciences. Interdisciplinary nature of document as an object of research leads to an ambiguous interpretation of its nature and social role. The article expresses and contends the author's views on this issue. In her opinion, social role of document is incidental to its being a main social tool regulating the life of civilized society. Thus, the study aims to create a scientific theory of document, explaining its nature and social role as a tool of social (goal-oriented) action and social self-organization. Substantiation of this idea is based on application of synergetics (i.e., universal theory of self-organization) to scientific study of document. In the synergetic paradigm, social and historical development is seen as the change of phases of chaos and order, and document is considered a main tool that regulates social relations. Unlike other theories of document, synergetic theory studies document not as a carrier and means of information transfer, but as a unique social phenomenon and universal social tool. For the first time, the study of document steps out of traditional frameworks of office, archive, and library. The document is placed on the scales with society as a global social system with its functional subsystems of politics, economy, culture, and personality. For the first time, the methods of social sciences and modern sociological theories are applied to scientific study of document. This methodology provided a basis for theoretical vindication of nature and social role of document as a tool of social (goal-oriented) action and social self-organization. The study frames a synergetic theory of document with methodological foundations and basic concepts, synergetic model of document, laws of development and effectiveness of document in the social continuum. At the present stage of development of science, it can be considered the highest form of theoretical knowledge of document and its scientific explanatory theory.

Coinage and the Tributary Mode of Production

2018 ◽  
Author(s):  
Eduardo Manzano Moreno
Keyword(s):  
Roman Empire ◽  
Middle Ages ◽  
Social Role ◽  
State Of The Art ◽  
Early Middle Ages ◽  
The Social ◽  
Simple Question ◽  
Mode Of Production

This chapter addresses a very simple question: is it possible to frame coinage in the Early Middle Ages? The answer will be certainly yes, but will also acknowledge that we lack considerable amounts of relevant data potentially available through state-of-the-art methodologies. One problem is, though, that many times we do not really know the relevant questions we can pose on coins; another is that we still have not figured out the social role of coinage in the aftermath of the Roman Empire. This chapter shows a number of things that could only be known thanks to the analysis of coins. And as its title suggests it will also include some reflections on greed and generosity.

Ivory in the Chalcolithic enclosure of Perdigões (South Portugal): the social role of an exotic raw material

2015 ◽  
Vol 47 (3) ◽  
pp. 390-413 ◽  
Author(s):  
António Carlos Valera ◽  
Thomas Xaver Schuhmacher ◽  
Arun Banerjee
Keyword(s):  
Social Role ◽  
Raw Material ◽  
The Social ◽  
South Portugal
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