International banking, risk, and U.S. regulatory policies

Bank supervision ; Banks and banking, Foreign ; Banks and banking, Foreign - United States ; Risk ; Banks and banking, International

Proposals for federal control of foreign banks

Banks and banking, Foreign - United States ; Banking law

Establishing and developing strategic relationships - the role for operations managers

Purpose – The objectives of this paper are, first to identify, from the literature, the key themes in the management of strategic relationships, second to apply those themes to understand how exemplary organisations establish and develop strategic relationships and third to determine the role of operations managers in this process. Design/methodology/approach – This empirically based research comprised four phases; interviews with managers to identify exemplars, interviews with managers from 27 organisations, data analysis and testing of the findings. Findings – From a theoretical point of view, a revised definition of strategic relationships has been proposed. Many previously disparate elements of relationships have been brought together into seven dimensions of strategic relationships. The scope and nature of exemplary relationships have been captured within each of these dimensions identifying 24 elements, and suggested the key roles for operations managers in establishing and developing their strategic business relationships. Research limitations/implications – This research has responded to the call to help operations managers understand the skill sets required to help them establish and develop strategic business relationships. It has contributed to the growing literature on business relationships and also provided practical guidance for operations managers. The research has a number of inherent weaknesses including the interpretative nature of the analysis and that the interviews were only carried out with one party to the exemplary relationships. The focus of the research was limited to exemplary strategic relationships and the study was conducted in one sector, though a range of types of organisations were involved. Practical implications – From a practitioner perspective, the outputs from the research have been summarised into a number of guidelines which flesh out the role for operations managers looking to identify, establish, evaluate or strengthen their role in establishing and developing strategic business relationships. Originality/value – The paper provides an original and detailed perspective into the nature of strategic business relationships, irrespective of their position in the supply chain, and identifies how such relationships can be established and developed

Knowledge flow across inter-firm networks: the influence of network resources, spatial proximity, and firm size

The objective of this paper is to analyze the characteristics and nature of the networks firms utilize to access knowledge and facilitate innovation. The paper draws on the notion of network resources, distinguishing two types: social capital – consisting of the social relations and networks held by individuals; and network capital – consisting of the strategic and calculative relations and networks held by firms. The methodological approach consists of a quantitative analysis of data from a survey of firms operating in knowledge-intensive sectors of activity. The key findings include: social capital investment is more prevalent among firms frequently interacting with actors from within their own region; social capital investment is related to the size of firms; firm size plays a role in knowledge network patterns; and network dynamism is an important source of innovation. Overall, firms investing more in the development of their inter-firm and other external knowledge networks enjoy higher levels of innovation. It is suggested that an over-reliance on social capital forms of network resource investment may hinder the capability of firms to manage their knowledge networks. It is concluded that the link between a dynamic inter-firm network environment and innovation provides an alternative thesis to that advocating the advantage of network stability

Farmland Preservation and Differential Taxation: Evaluating Optimal Policy Under Conditions of Uncertainty

Differential property tax policy for farmland is often set under conditions of uncertainty and limited information regarding landowners' objective functions. This study examines optimal differential tax policy for a parcel of agricultural land facing uncertain development, identifying instances in which common farmland taxation policies may be non-optimal. Optimal tax rates are characterized given three possible causes of uncertain development: exogenous offers from developers, tax-related reductions in landowner wealth, and a combination of these factors. Model results indicate that underlying causes of uncertain development are critical when seeking to assess the optimality of differential taxation policies, and the use of a single, time-invariant differential tax levy is rarely optimal given uncertain development.Agricultural and Food Policy,

Public Versus Private Mobility for the Poor: Transit Improvements Versus Increased Car Ownership in the Sacramento Region, MTI Research Report 08-02

Whether to aid welfare recipients in overcoming transportation barriers with increased car ownership or better transit became an issue after the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 was signed into law. Empirical studies pointed out that welfare recipients owning a car had a high probability of moving from welfare to work. In this study, the authors examined the impacts of car ownership promotion versus transit improvements on job accessibility, work trips, and traveler´s economic welfare by running a travel demand model adopted by the Sacramento Area Council of Governments (SACOG). In the car scenario, the zero-car households who were assigned a car had higher job accessibility and larger traveler benefits than in the Base Case scenario. The other households had lower traveler benefits, compared to the Base Case, due to slight increases in congestion. In the transit scenario, all households had gains in traveler benefits and the households without a car gained more than those with a car. The households without a car gained more in traveler benefits in the transit scenario than in the car scenario. The total gain in traveler benefits was higher in the transit scenario. In both scenarios, the changes in total travel time, congestion, and vehicle miles traveled (VMT) were small, but mode shares changed substantially

One Last Chance: The Economic Case for a New Approach to Fisheries Management in New England

Documents the decline of the New England fishing industry as a result of mismanagement, presents examples of successful and sustainable fisheries, and examines the viability of proposed community-based, fishermen-run cooperatives as a solution

Perceived ability and actual recognition accuracy for unfamiliar and famous faces

In forensic person recognition tasks, mistakes in the identification of unfamiliar faces occur frequently. This study explored whether these errors might arise because observers are poor at judging their ability to recognize unfamiliar faces, and also whether they might conflate the recognition of familiar and unfamiliar faces. Across two experiments, we found that observers could predict their ability to recognize famous but not unfamiliar faces. Moreover, observers seemed to partially conflate these abilities by adjusting ability judgements for famous faces after a test of unfamiliar face recognition (Experiment 1) and vice versa (Experiment 2). These findings suggest that observers have limited insight into their ability to identify unfamiliar faces. These experiments also show that judgements of recognition abilities are malleable and can generalize across different face categories

A Battle of Taste and Environmental Convictions for Ecolabeled Seafood: A Choice Experiment

This paper describes a choice experiment addressing preferences for ecolabeled seafood, in which the experimental design allows for choices among various fresh seafood products. The primary emphasis is the potential trade-off between taste (i.e., a favored species) and the presence of an ecolabel, when multiple seafood products are available.Consumer/Household Economics,