Credit Control Rights and Resource Allocation within Firms

2015 ◽  
Author(s):  
Nuri Ersahin ◽  
Rustom M. Irani ◽  
Hanh Le
Keyword(s):  
Resource Allocation ◽  
Control Rights

scholarly journals The Politics of Market Socialism

1994 ◽  
Vol 8 (2) ◽  
pp. 165-176 ◽  
Author(s):  
Andrei Shleifer ◽  
Robert W Vishny
Keyword(s):  
Resource Allocation ◽  
Social Welfare ◽  
The Political ◽  
Control Rights ◽  
Market Socialism ◽  
Efficient System ◽  
Democratic Socialism ◽  
Democratic Capitalism ◽  
Efficient Resource

The debate over market socialism has ignored the importance of the assumptions about the objectives of politicians in determining resource allocation. Theory and evidence suggest that totalitarian socialism does not lead to efficient resource allocation because dictators do not maximize social welfare. But democratic governments have political objectives different from social welfare as well. The authors argue that because these governments command greater resources (have more control rights) under socialism, democratic socialism (even if it could exist) is a less efficient system than democratic capitalism. Thus the political case against market socialism is even stronger than the economic case.

scholarly journals Creditor control rights and resource allocation within firms

2021 ◽  
Vol 139 (1) ◽  
pp. 186-208
Author(s):  
Nuri Ersahin ◽  
Rustom M. Irani ◽  
Hanh Le
Keyword(s):  
Resource Allocation ◽  
Control Rights

Folk-economic beliefs as moral intuitions

2018 ◽  
Vol 41 ◽  
Author(s):  
Neil Malhotra
Keyword(s):  
Resource Allocation ◽  
Moral Intuitions ◽  
Economic Beliefs ◽  
Evolutionary Explanations

AbstractAlthough Boyer & Petersen's (B&P's) cataloguing of and evolutionary explanations for folk-economic beliefs is important and valuable, the authors fail to connect their theories to existing explanations for why people do not think like economists. For instance, people often have moral intuitions akin to principles of fairness and justice that conflict with utilitarian approaches to resource allocation.

Mother or Wife?

2012 ◽  
Vol 43 (4) ◽  
pp. 232-242 ◽  
Author(s):  
Phia S. Salter ◽  
Glenn Adams
Keyword(s):  
United States ◽  
Resource Allocation ◽  
Cultural Psychology ◽  
The United States ◽  
Personal Relationship ◽  
Three Dimensions ◽  
Church Membership ◽  
Cultural Dynamics ◽  
Psychology Perspective ◽  
Cultural Ecological

Inspired by “Mother or Wife” African dilemma tales, the present research utilizes a cultural psychology perspective to explore the dynamic, mutual constitution of personal relationship tendencies and cultural-ecological affordances for neoliberal subjectivity and abstracted independence. We administered a resource allocation task in Ghana and the United States to assess the prioritization of conjugal/nuclear relationships over consanguine/kin relationships along three dimensions of sociocultural variation: nation (American and Ghanaian), residence (urban and rural), and church membership (Pentecostal Charismatic and Traditional Western Mission). Results show that tendencies to prioritize nuclear over kin relationships – especially spouses over parents – were greater among participants in the first compared to the second of each pair. Discussion considers issues for a cultural psychology of cultural dynamics.

Application of Information Introduced to Dynamic Message Processing and Enjoyment

2018 ◽  
Vol 30 (4) ◽  
pp. 196-206 ◽  
Author(s):  
Byungho Park ◽  
Rachel L. Bailey
Keyword(s):  
Resource Allocation ◽  
Recognition Memory ◽  
Emotional Processing ◽  
Orienting Response ◽  
Structural Features ◽  
Cognitive Resources ◽  
Coding System ◽  
Message Complexity ◽  
Cognitive Resource ◽  
Cognitive Overload

Abstract. In an effort to quantify message complexity in such a way that predictions regarding the moment-to-moment cognitive and emotional processing of viewers would be made, Lang and her colleagues devised the coding system information introduced (or ii). This coding system quantifies the number of structural features that are known to consume cognitive resources and considers it in combination with the number of camera changes (cc) in the video, which supply additional cognitive resources owing to their elicitation of an orienting response. This study further validates ii using psychophysiological responses that index cognitive resource allocation and recognition memory. We also pose two novel hypotheses regarding the confluence of controlled and automatic processing and the effect of cognitive overload on enjoyment of messages. Thirty television advertisements were selected from a pool of 172 (all 20 s in length) based on their ii/cc ratio and ratings for their arousing content. Heart rate change over time showed significant deceleration (indicative of increased cognitive resource allocation) for messages with greater ii/cc ratios. Further, recognition memory worsened as ii/cc increased. It was also found that message complexity increases both automatic and controlled allocations to processing, and that the most complex messages may have created a state of cognitive overload, which was received as enjoyable by the participants in this television context.

The effects of task structures on time-sharing efficiency and resource allocation optimality

1984 ◽  
Author(s):  
Pamela S. Tsang ◽  
Christopher D. Wickens
Keyword(s):  
Resource Allocation ◽  
Time Sharing ◽  
Task Structures

Resource Allocation In Specific Life Domains' Effect On Satisfaction With Life

2017 ◽  
Author(s):  
Aaron J. Van Groningen ◽  
Paul Werth ◽  
Matthew J. Grawitch
Keyword(s):  
Resource Allocation ◽  
Satisfaction With Life ◽  
Life Domains
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