192 research outputs found
Consumer Food Safety Risk Attitudes and Perceptions Over Time: The Case of BSE Crisis
Recent research has shown that by decoupling the risk response behaviour of consumers into the separate components of risk perception and risk attitude, a more robust conceptualization and prediction of consumers’ reactions to food safety issues is possible. Furthermore, it has been argued that the influence of risk attitudes and risk perceptions on consumer risk behaviour for contaminated food products can be used to formulate effective agricultural policies and strategies in case of a food crisis. The question arises whether or not the influence and magnitude of these risk variables changes over time and, hence, whether policies and strategies must be adapted. The BSE (mad cow disease) crises in the USA, Germany and The Netherlands in 2001 and 2004 provided us with a natural experiment to examine the relationship between risk attitudes and perceptions and behaviour over time. The results show that in some countries consumers risk behaviour changed, whereas in others not. These results are useful to policy makers and decision makers in food industry in developing more efficient supply chain management and public policies
Marketing Cooperatives' Re-engineering: Influences among Organizational Attributes, Strategic Attributes & Performance
ABSTRACT In this paper we expand the agribusiness co-op literature by studying the re-engineering process of marketing cooperatives (co-ops). More specifically we discuss and empirically examine organizational innovations adopted by marketing co-ops in Greece. We hypothesize three types of relationships: a) the influence of organizational (i.e., collective ownership, control and cost/benefit allocation) and strategic (i.e., market and brand orientation) attributes on organizational performance; b) the influence of organizational attributes on market orientation; and c) influences among strategic attributes. Data for this study were collected from a largescale survey with CEOs of marketing co-op in Greece. The results show that strategic attributes have a much greater influence on organizational performance than organizational attributes have, as only a few among the examined elements of re-engineered attributes have a (marginal) positive influence on performance. This result raises the question whether the influence of the re-engineered structures on performance has been over-emphasized in the co-op literature. Moreover, the results demonstrate positive influences among the strategic attributes of co-ops, contrary to the non-significant results of organizational attributes on market orientation. This may imply that organizational attributes do not seem to act as drivers or barriers to the adoption of strategic attributes, and, hence, reinforces the conclusion that emphasis in co-op theory and practice should also be also placed on the strategies and tactics that co-ops should adopt and implement in order to capture market benefits. Keywords: marketing cooperatives, attributes, organizational, strategic, performance, Greec
Aspirations as reference points: an experimental investigation of risk behavior over time
This paper examines the importance of aspirations as reference points in a multi-period decision-making context. After stating their personal aspiration level, 172 individuals made six sequential decisions among risky prospects as part of a choice experiment. The results show that individuals make different risky-choices in a multi-period compared to a single-period setting. In particular, individuals’ aspiration level is their main reference point during the early stages of decision-making, while their starting status (wealth level at the start of the experiment) becomes the central reference point during the later stages of their multi-period decision-making.Arvid O. I. Hoffmann; Sam F. Henry; Nikos Kalogera
What Drives Strategic Behaviour? A Framework to Explain and Predict SME's Transition to Sustainable Production Systems
The strategic choices of Small and Medium Enterprises in the agribusiness sector are fraught with large cost and revenue uncertainties. The transition to a new production system implies that SMEs must re-allocate resources and develop new strategies to achieve market goals. We highlight the agricultural, marketing and management literature on decision-making under risk for strategic decisions. Subsequently we discuss the various elicitation techniques to measure decision-makersÂż utility functions. That review indicates that one is able to measure the global utility function in a reliable and valid way. Particularly the measures based on experiments and rooted in expected utility framework seem to perform well. Furthermore, we develop various research propositions that deal with the factors that influence SMEs strategic decision whether or not to switch to sustainable production systems. We propose to investigate the global shape of the utility function of SMEs as it drives strategic decisions, and the factors that influence these decisions
Clustering Sustainable Destinations: Empirical Evidence from Selected Mediterranean Countries
Within the globalized tourism market, tourism destinations have the option to turn to sustainability as a conceptual and management framework for their unique branding and identity proposition. This research highlights the importance and utility of sustainability branding that stems from clustering tourism destinations based on the similarities of their tourism performance attributes. The study builds on secondary data from 11 coastal destinations in 8 Mediterranean countries. The analysis leads to the formulation of three main sets of evaluation indicators: (a) environmental footprint; (b) destination dependency on tourism; and (c) locals’ prosperity, incorporating elements of social and psychological carrying capacity. Findings identify three to four distinct destination clusters based mainly on the attributes of destinations’ cultural and natural attributes, seasonality of supply, typology of prevailing accommodation and tourist profile. From a theoretical perspective, the research identifies key clustering attributes of sustainable destinations that could inform management interventions around destination branding and competitive sustainability performance positioning
Poly(amidoamine)s synthesis, characterisation and interaction with BSA
Cationic poly(amidoamine)s (PAAs) were synthesised and characterised by NMR and gel permeation chromatography. Their thermal properties were investigated using thermogravimetric analysis and differential scanning calorimetry. Although poly(amidoamine)s have been used as endosomolytic polymers for protein intracellular delivery, the interaction of the polymers with the proteins still need to be investigated. BSA was used as a model protein and complexation with the different poly(amidoamine) s was investigated using gel retardation assays, fluorescence spectroscopy and high sensitivity differential scanning calorimetry. Our results indicate that the thermal stability of BSA was affected upon interaction and complexation with the poly(amidoamine)s, however these interactions did not seem to modify the structure of the protein. Polymer flexibility seemed to favour polymer/protein complexation and promoted thermal stability
Members' Preferences for Co-operative Structures: An Experimental Conjoint Study
Abstract As market conditions change rapidly in the 21st century, questions arise concerning how the organizational structures of co-operatives (co-ops) can meet the challenges that these new conditions pose. This paper introduces a framework to structure marketing co-ops (MCs) based on membersÂż preferences. Several notions from the behavioral decision theory framework are utilized, and a principal-agent approach is adopted for the design of this framework. It focuses on the subjective utility that co-op members derive from levels of the MCsÂż firm-behavioral attributes, such as business issue/scope, corporate governance, product-related decision-making, financial structure, member benefits, and product quality. Data was collected by means of in-depth interviews with 30 producers and 120 structured computer-assisted face-to-face interviews. The utilities that producers attached to MCÂżs attributes were derived by means of a conjoint experiment
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A Test of a Strong Ground Motion Prediction Methodology for the 7 September 1999, Mw=6.0 Athens Earthquake
We test a methodology to predict the range of ground-motion hazard for a fixed magnitude earthquake along a specific fault or within a specific source volume, and we demonstrate how to incorporate this into probabilistic seismic hazard analyses (PSHA). We modeled ground motion with empirical Green's functions. We tested our methodology with the 7 September 1999, Mw=6.0 Athens earthquake, we: (1) developed constraints on rupture parameters based on prior knowledge of earthquake rupture processes and sources in the region; (2) generated impulsive point shear source empirical Green's functions by deconvolving out the source contribution of M < 4.0 aftershocks; (3) used aftershocks that occurred throughout the area and not necessarily along the fault to be modeled; (4) ran a sufficient number of scenario earthquakes to span the full variability of ground motion possible; (5) found that our distribution of synthesized ground motions span what actually occurred and their distribution is realistically narrow; (6) determined that one of our source models generates records that match observed time histories well; (7) found that certain combinations of rupture parameters produced ''extreme'' ground motions at some stations; (8) identified that the ''best fitting'' rupture models occurred in the vicinity of 38.05{sup o} N 23.60{sup o} W with center of rupture near 12 km, and near unilateral rupture towards the areas of high damage, and this is consistent with independent investigations; and (9) synthesized strong motion records in high damage areas for which records from the earthquake were not recorded. We then developed a demonstration PSHA for a source region near Athens utilizing synthesized ground motion rather that traditional attenuation. We synthesized 500 earthquakes distributed throughout the source zone likely to have Mw=6.0 earthquakes near Athens. We assumed an average return period of 1000 years for this magnitude earthquake in the particular source zone, thereby having simulated a catalog of ground motion for a period of 500,000 years. The distribution of traditional ground motion parameters of peak acceleration or spectral ordinates then becomes the synthesized record from which we develop hazard curves in the form of the annual probability of exceedance. This approach replaces the aleatory uncertainty that current PSHA studies estimate by regression of empirical parameters from the worldwide database with epistemic uncertainty on what specific sources actually do at specific sites. This is a fundamental change for PSHA and eliminates the need to extrapolate current empirical data that was gathered over about 50 years to represent values for 10{sup -3} annual probability of exceedance or less. This difference becomes especially significant for very sensitive structures that require estimates for 10{sup -5} or less exceedance
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