scholarly journals In Science we (should) trust: expectations and compliance during the COVID-19 pandemic

2020 ◽  
Author(s):  
Cristina Bicchieri ◽  
Enrique Fatas ◽  
Abraham Aldama ◽  
Andres Casas ◽  
Ishwari Deshpande ◽  
...  
Keyword(s):  
Large Scale ◽  
Strong Predictor ◽  
Survey Experiment ◽  
High Expectations ◽  
Country Level ◽  
Before And After ◽  
Low Expectations ◽  
Normative Expectations ◽  
The Government ◽  
Vignette Experiment

Abstract The magnitude and nature of the COVID-19 pandemic prevents public health policies from relying on coercive enforcement. Practicing social distancing, wearing masks and staying at home are voluntary and conditional on the behavior of others. We present the results of a large-scale survey experiment in nine countries with representative samples of the population. We find that both empirical expectations (what others do) and normative expectations (what others approve of) play a significant role in compliance, beyond the effect of any other individual or group characteristic. In our survey experiment, when empirical and normative expectations of individuals are high, compliance goes up by 55% (relative to the low expectations condition). Similar results are obtained when we look at self-reported compliance among those with high expectations. Our results are driven by an asymmetric interaction with individuals’ trust in government and science. Holding both expectations high, the effect of trusting science is substantial and significant in our vignette experiment (22% increase in compliance), and even larger in self-reported compliance (76% and 127% increase before and after the lockdown). By contrast, trusting the government only generates modest effects. At the macro level, the country-level trust in science, and not in government, becomes a strong predictor of compliance.

scholarly journals In science we (should) trust: Expectations and compliance across nine countries during the COVID-19 pandemic

PLoS ONE ◽  
2021 ◽  
Vol 16 (6) ◽  
pp. e0252892
Author(s):  
Cristina Bicchieri ◽  
Enrique Fatas ◽  
Abraham Aldama ◽  
Andrés Casas ◽  
Ishwari Deshpande ◽  
...  
Keyword(s):  
Large Scale ◽  
Strong Predictor ◽  
Social Distancing ◽  
Country Level ◽  
Hypothetical Scenario ◽  
Normative Expectations ◽  
The Government ◽  
Vignette Experiment ◽  
Staying At Home ◽  
At Home

The magnitude and nature of the COVID-19 pandemic prevents public health policies from relying on coercive enforcement. Practicing social distancing, wearing masks and staying at home becomes voluntary and conditional on the behavior of others. We present the results of a large-scale survey experiment in nine countries with representative samples of the population. We find that both empirical expectations (what others do) and normative expectations (what others approve of) play a significant role in compliance, beyond the effect of any other individual or group characteristic. In our vignette experiment, respondents evaluate the likelihood of compliance with social distancing and staying at home of someone similar to them in a hypothetical scenario. When empirical and normative expectations of individuals are high, respondents’ evaluation of the vignette’s character’s compliance likelihood goes up by 55% (relative to the low expectations condition). Similar results are obtained when looking at self-reported compliance among those with high expectations. Our results are moderated by individuals’ trust in government and trust in science. Holding expectations high, the effect of trusting science is substantial and significant in our vignette experiment (22% increase in compliance likelihood), and even larger in self-reported compliance (76% and 127% increase before and after the lockdown). By contrast, trusting the government only generates modest effects. At the aggregate level, the country-level trust in science, and not in government, becomes a strong predictor of compliance.

scholarly journals Indonesian MSME E-Commerce among the Covid-19 Pandemic

2020 ◽  
Vol 8 (4) ◽  
pp. 267-277
Author(s):  
Elya Kurniawati ◽  
Immamul Huda Al Siddiq
Keyword(s):  
Large Scale ◽  
Jel Classification ◽  
Education Level ◽  
Online Media ◽  
Economic Activities ◽  
Average Income ◽  
Level Of Education ◽  
Before And After ◽  
The Government ◽  
Transaction Pattern

Objective - This study aims to find out (1) how the e-commerce utilization model before and during the pandemic, (2) the influence of the level of education on the tendency to use e-commerce (3) the marketing media used before and after the Covid-19 pandemic, and ( 4) the average income of MSME actors before and after the Covid-19 pandemic. The research method used is an explanative quantitative method, using a questionnaire, examining theories and policies related to Covid-19 and the application of e-commerce. Methodology/Technique – This study used a sample of 75 MSME actors and found that there was a significant increase in the use of e-commerce by Indonesian MSME actors during the Covid-19 pandemic. The use of online media in economic activities during the pandemic increased from 21.33% to 54.67%. Meanwhile, the education level of the MSME actors did not influence the decision to change the transaction pattern from offline to online with r score of 0.132. Finding – This means that this pandemic has changed the way of transactions in economic activity to its roots no matter how high the education level of the MSME actors is. The income of MSME actors has actually dropped dramatically during the pandemic, especially the period when the government implemented the Large-Scale Social Restrictions (PSBB) policy. Type of Paper: Empirical JEL Classification: L81, O32. Keywords: COVID-19, E-Commerce, Social Distancing, MSME Reference to this paper should be made as follows: Kurniawati, E; Siddiq, I.H.A. (2020). Indonesian MSME E-Commerce among the Covid-19 Pandemic, GATR Global J. Bus. Soc. Sci. Review, 8(4): 267 – 277. https://doi.org/10.35609/gjbssr.2020.8.4(8)

scholarly journals Signifikansi Pengaruh Sentimen Pemberlakuan PSBB Terhadap Aspek Ekonomi: Pengaruh Pada Nilai Tukar Rupiah dan Stock Return (Studi Kasus Pandemi Covid-19)

2020 ◽  
Vol 7 (2) ◽  
pp. 223-239
Author(s):  
Irma Lestari Made
Keyword(s):  
Exchange Rate ◽  
Stock Returns ◽  
Stock Return ◽  
Large Scale ◽  
Herd Immunity ◽  
Wilcoxon Test ◽  
Analysis Tool ◽  
Public Sentiment ◽  
Before And After ◽  
The Government

The Large-Scale Social Limitation Policy (Pembatasan Sosial Berskala Besar/PSBB) was chosen by the Indonesian government in responding to the pandemic covid-19. The PSBB policy is preferred by the government to be implemented instead of lockdown. Much controversy in public over the PSBB policy has built the sentiment. Consideration of the economic aspects has been the main reason in making these policies. With consideration of the state of the Indonesian economy, the government believes that this policy is an effective and efficient pathway with a note that the public will be able to conduct pandemic covid-19 health protocol discipline and form herd immunity. This study aims to evaluate the effect of the implementation of the PSBB which has an impact on public sentiment fluctuations, using secondary stock return data on blue-chip stocks and the rupiah exchange rate in the range of time before and after the implementation of the PSBB begun, April 10, 2020. Wilcoxon test is used as data analysis tool of nonparametric statistics. The test results stated that the exchange rate of the rupiah against the US dollar was significantly affected by public sentiment towards the implementation of the PSBB, while the stock return was not significantly affected. Several factors beyond the implementation of PSBB need to be considered in influencing stock returns as well as the rupiah exchange rate.

Welfare or politics? A survey experiment of political discontent and support for redistribution in Hong Kong

Politics ◽  
2019 ◽  
Vol 40 (1) ◽  
pp. 70-89 ◽  
Author(s):  
Mathew YH Wong
Keyword(s):  
Hong Kong ◽  
Political Support ◽  
Individual Responsibility ◽  
Survey Experiment ◽  
Welfare Policies ◽  
Theoretical Perspectives ◽  
Self Interest ◽  
Social Affinity ◽  
The Government ◽  
Vignette Experiment

This study examines support for redistribution in the developed economy of Hong Kong from three theoretical perspectives: self-interest, ideology, and social affinity. The analysis uses a between-subjects randomized vignette experiment to explore the interplay between welfare and politics; in particular, it addresses whether people express opposition to a welfare policy to convey political discontent even if they otherwise support the policy. Drawing on a survey of university students (N = 1245), the study finds that self-interest and ideology, and specifically perceptions of social mobility and individual responsibility, are strong predictors of support for redistribution. The vignette experiment provides evidence that politics indeed spills over into support for welfare policies. Respondents expressed less support for public housing if cued that the policy was associated with the government and were already dissatisfied with political leadership. The findings have implications for research on political support for redistribution and welfare policies.

scholarly journals Indonesian MSME E-Commerce among the Covid-19 Pandemic

2020 ◽  
Vol 11 (1) ◽  
pp. 95-95
Author(s):  
Elya Kurniawati ◽  
Immamul Huda Al Sidiq
Keyword(s):  
Large Scale ◽  
Physical Distance ◽  
Education Level ◽  
Economic Life ◽  
Online Media ◽  
Economic Activities ◽  
Average Income ◽  
Before And After ◽  
The Government ◽  
Transaction Pattern

The Covid-19 virus pandemic has devastated all aspects of life, especially the economy. The responsibility to wear masks and physical distance has logical consequences in people's economic life. This causes the use of E-Commerce in economic activities to be a necessity. For this reason, this study aims to find out (1) how the e-commerce utilization model before and during the pandemic, (2) the influence of the level of education on the tendency to use e-commerce (3) the marketing media used before and after the Covid-19 pandemic, and ( 4) the average income of MSME actors before and after the Covid-19 pandemic. The research method used is an explanative quantitative method, using a questionnaire, examining theories and policies related to Covid-19 and the application of e-commerce. This study used a sample of 75 MSME actors and found that there was a significant increase in the use of e-commerce by Indonesian MSME actors during the Covid-19 pandemic. The use of online media in economic activities during the pandemic increased from 21.33% to 54.67%. Meanwhile, the education level of the MSME actors did not influence the decision to change the transaction pattern from offline to online with r score of 0.132. This means that this pandemic has changed the way of transactions in economic activity to its roots no matter how high the education level of the MSME actors is. The income of MSME actors has actually dropped dramatically during the pandemic, especially the period when the government implemented the Large-Scale Social Restrictions (PSBB) policy. Keywords: COVID-19, E-Commerce, Social Distancing, UMKM

scholarly journals Reaksi Pasar terhadap Penerapan Pembatasan Sosial Berskala Besar pada Masa Pandemi Covid-19

2021 ◽  
Vol 31 (12) ◽  
pp. 3133
Author(s):  
I Wayan Agus Purnayasa ◽  
Eka Ardhani Sisdyani
Keyword(s):  
Abnormal Return ◽  
Trading Volume ◽  
Large Scale ◽  
Market Reaction ◽  
Sampling Technique ◽  
Rank Test ◽  
Volume Activity ◽  
Average Abnormal Return ◽  
Before And After ◽  
The Government

On April 6, 2020, the government approved the implementation of the first Large-Scale Social Restrictions (PSBB) in Indonesia in the context of accelerating the handling of the Covid-19 pandemic. This study uses this event as an event under study to observe the market reaction before and after it, with a window period of 11 days. The average abnormal return and the average trading volume activity of stocks are used as indicators of market reaction. The study was conducted on 152 trading, service and investment sector companies listed on the Indonesia Stock Exchange (IDX), which were determined using a non-probability sampling method with a purposive sampling technique. Data were analyzed by using paired sample t-test and Wilcoxon signed rank test. The results showed that there was no difference between the average abnormal return and the average trading volume activity before and after the first PSBB was approved in Indonesia. The absence of market reaction is assumed because the level of market efficiency in Indonesia is still weak. Keywords : Covid-19; Social Distancing Policy; Market Reaction; Abnormal Return; Trading Volume Activity.

Usefulness of enterprise risk management in two banks

2018 ◽  
Vol 15 (1) ◽  
pp. 124-150 ◽  
Author(s):  
Roy Liff ◽  
Gunnar Wahlstrom
Keyword(s):  
Risk Management ◽  
Enterprise Risk Management ◽  
Management Control ◽  
Structured Interviews ◽  
Content Type ◽  
High Expectations ◽  
Enterprise Risk ◽  
International Banks ◽  
Before And After ◽  
Low Expectations

PurposeThe purpose of this paper is to investigate how the management control system, the bank’s control package, influences opinion about the usefulness of risk measurement (RM) in different control contexts before and after a financial crisis, to understand what influences the usefulness of enterprise risk management (ERM) manifested in RM.Design/methodology/approachThe study is based on semi-structured interviews in 2000-2010, with senior bank managers of two international banks (Bank A and Bank B) – both ranking among the top 100 in the world but differing structurally and culturally.FindingsThe two banks took opposite trajectories. Bank A went from high to low expectations of usefulness; Bank B went from low to high expectations. The different attitudes toward RM exhibited by Bank A and Bank B are explained by differences in their control packages, manifested by technocratic control and socio-ideology.Originality/valueThis study reveals that there are not merely different degrees of RM usage in the two banks but that they also show two diverting trajectories. Given this finding, the significance of the organization structure and its control packages (especially the alignment between these two factors) is analyzed to find a plausible explanation for the different experiences of senior managers toward the usefulness of RM. This study contributes to ERM research and to the contingency theory of management accounting.

The Effect of Active Site-inhibited Factor VIIa on Tissue Factor-initiated Coagulation Using Platelets before and after Aspirin Administration

1997 ◽  
Vol 78 (04) ◽  
pp. 1202-1208 ◽  
Author(s):  
Marianne Kjalke ◽  
Julie A Oliver ◽  
Dougald M Monroe ◽  
Maureane Hoffman ◽  
Mirella Ezban ◽  
...  
Keyword(s):  
Tissue Factor ◽  
Active Site ◽  
Large Scale ◽  
Thrombin Generation ◽  
Factor Viia ◽  
Dependent Manner ◽  
Antithrombotic Agent ◽  
Before And After ◽  
Ic50 Values

SummaryActive site-inactivated factor VIIa has potential as an antithrombotic agent. The effects of D-Phe-L-Phe-L-Arg-chloromethyl ketone-treated factor VIla (FFR-FVIIa) were evaluated in a cell-based system mimicking in vivo initiation of coagulation. FFR-FVIIa inhibited platelet activation (as measured by expression of P-selectin) and subsequent large-scale thrombin generation in a dose-dependent manner with IC50 values of 1.4 ± 0.8 nM (n = 8) and 0.9 ± 0.7 nM (n = 7), respectively. Kd for factor VIIa binding to monocytes ki for FFR-FVIIa competing with factor VIIa were similar (11.4 ± 0.8 pM and 10.6 ± 1.1 pM, respectively), showing that FFR-FVIIa binds to tissue factor in the tenase complex with the same affinity as factor VIIa. Using platelets from volunteers before and after ingestion of aspirin (1.3 g), there were no significant differences in the IC50 values of FFR-FVIIa [after aspirin ingestion, the IC50 values were 1.7 ± 0.9 nM (n = 8) for P-selectin expression, p = 0.37, and 1.4 ± 1.3 nM (n = 7) for thrombin generation, p = 0.38]. This shows that aspirin treatment of platelets does not influence the inhibition of tissue factor-initiated coagulation by FFR-FVIIa, probably because thrombin activation of platelets is not entirely dependent upon expression of thromboxane A2.

Land Use Change and Commodity Frontiers

2020 ◽  
Vol 4 (1) ◽  
Author(s):  
Daniel M. Cáceres ◽  
Esteban Tapella ◽  
Diego A. Cabrol ◽  
Lucrecia Estigarribia
Keyword(s):  
Large Scale ◽  
Field Work ◽  
Dry Forest ◽  
Social Actors ◽  
Goods And Services ◽  
Fast Pace ◽  
Forest Use ◽  
The Government ◽  
Social Environmental ◽  
Management Recommendations

Argentina is experiencing an expansion of soya and maize cultivation that is pushing the agricultural frontier over areas formerly occupied by native Chaco forest. Subsistance farmers use this dry forest to raise goats and cattle and to obtain a broad range of goods and services. Thus, two very different and non-compatible land uses are in dispute. On the one hand subsistance farmers fostering an extensive and diversified forest use, on the other hand, large-scale producers who need to clear out the forest to sow annual crops in order to appropriate soil fertility. First, the paper looks at how these social actors perceive Chaco forest, what their interests are, and what kind of values they attach to it. Second, we analyze the social-environmental conflicts that arise among actors in order to appropriate forest’s benefits. Special attention is paid to the role played by the government in relation to: (a) how does it respond to the demands of the different sectors; and (b) how it deals with the management recommendations produced by scientists carrying out social and ecological research. To put these ideas at test we focus on a case study located in Western Córdoba (Argentina), where industrial agriculture is expanding at a fast pace, and where social actors’ interests are generating a series of disputes and conflicts. Drawing upon field work, the paper shows how power alliances between economic and political powers, use the institutional framework of the State in their own benefit, disregarding wider environmental and social costs. 

Financial and Economic Support of Innovation Processes in the Russian Fuel and Energy Complex

2019 ◽  
Vol 12 (3) ◽  
pp. 77-85
Author(s):  
L. D. Kapranova ◽  
T. V. Pogodina
Keyword(s):  
Oil Recovery ◽  
Large Scale ◽  
Oil And Gas ◽  
New Technologies ◽  
Innovative Development ◽  
Oil Reserves ◽  
Energy Complex ◽  
Innovation Activities ◽  
Substantial Investment ◽  
The Government

The subject of the research is the current state of the fuel and energy complex (FEC) that ensures generation of a significant part of the budget and the innovative development of the economy.The purpose of the research was to establish priority directions for the development of the FEC sectors based on a comprehensive analysis of their innovative and investment activities. The dynamics of investment in the fuel and energy sector are considered. It is noted that large-scale modernization of the fuel and energy complex requires substantial investment and support from the government. The results of the government programs of corporate innovative development are analyzed. The results of the research identified innovative development priorities in the power, oil, gas and coal sectors of the fuel and energy complex. The most promising areas of innovative development in the oil and gas sector are the technologies of enhanced oil recovery; the development of hard-to-recover oil reserves; the production of liquefied natural gas and its transportation. In the power sector, the prospective areas are activities aimed at improving the performance reliability of the national energy systems and the introduction of digital technologies. Based on the research findings, it is concluded that the innovation activities in the fuel and energy complex primarily include the development of new technologies, modernization of the FEC technical base; adoption of state-of-the-art methods of coal mining and oil recovery; creating favorable economic conditions for industrial extraction of hard-to-recover reserves; transition to carbon-free fuel sources and energy carriers that can reduce energy consumption and cost as well as reducing the negative FEC impact on the environment.

Sign in / Sign up

Export Citation Format

Share Document