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Article
Publication date: 28 April 2020

Wolfgang Buchholz, Richard Cornes and Dirk Rübbelke

In this paper we show how the Kolm triangle method, which is a standard tool for visualizing allocations in a public good economy, can also be used to provide a diagrammatical…

Abstract

Purpose

In this paper we show how the Kolm triangle method, which is a standard tool for visualizing allocations in a public good economy, can also be used to provide a diagrammatical exposition of matching mechanisms and their effects on public good supply and welfare. In particular, we describe, on the one hand, for which income distributions interior matching equilibria result, and on the other hand, for which income distributions the agents voluntarily participate in a matching mechanism. As a novel result, we especially show that the “participation zone” is larger than the “interiority zone”

Design/methodology/approach

We employ the Kolm triangle approach, which has – compared to most other graphical methods for representing allocations in a public good economy – the advantage that it allows for showing the aggregate budget constraint, the levels of considered agents' private consumption, and the level of public good supply directly in the same diagram.

Findings

The Kolm triangle method can be used to visualize important effects of matching in an elegant way, so basically the increase of public good supply through matching. The interiority of matching depends on the income distribution and especially, on how the “interiority zone” is shrinking when the matching rate increases. Moreover, we were able to delimit the “participation zone” in the Kolm triangle. An important and novel insight is that the participation zone is larger than the interiority zone, which means that also corner matching equilibria in which only one agent makes a positive flat contribution to the public good may make both considered agents better off.

Research limitations/implications

Corner matching equilibria in which only one agent makes a positive flat contribution to the public good may improve all considered agents' welfare. How this welfare effect can be generalized to the case of different utility functions and matching rates will be an issue of future research.

Practical implications

The examined matching mechanism finds application in many policy fields where public good undersupply is pending. International climate policy is one of these fields of application, for example.

Originality/value

The Kolm triangle method has been particularly helpful to describe the Nash equilibrium in the case of non-cooperative public good provision and to compare this outcome with Pareto efficient public good allocations. Furthermore, the Kolm triangle approach facilitates the analysis of mechanisms for attaining an efficient public good allocation like the Lindahl equilibrium as well as the study of preconditions and limitations faced by such mechanisms. An important and novel insight of our study is that the participation zone is larger than the interiority zone.

Details

Journal of Economic Studies, vol. 47 no. 5
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 7 April 2020

Viswanath Gajula and Rajathy R.

Electricity utilization at electricity peak hour may differ from every single administration region, for example, mechanical region, business territory and residential zone. This…

Abstract

Purpose

Electricity utilization at electricity peak hour may differ from every single administration region, for example, mechanical region, business territory and residential zone. This paper introduces a demand-side load management (DSM) strategy, which is one of the utilization of smart grid (SG) that is fit for controlling loads inside the residential working so that the client fulfillment is augmented at least expense.

Design/methodology/approach

In this paper, a heuristic algorithms-based energy management controller is intended for a residential region in a SG. Here, Antlion Optimization technique is used for DSM techniques such as load shifting, peak clipping, and valley filling in the residential sectors for 24 h with the help of stochastic function to determine the detection of random distribution of the load.

Findings

This proposed algorithm offered the greatest fulfillment and least expense caused by the consumers when compared to the traditional cost by taking the individual consumer preferences for the loads and the ideal time scheduling for the load, which is obtained from the rebuilding trap.

Originality/value

Simulation results demonstrate that the comparison of the cost incurred by the users obtained by the DSM techniques is satisfiable.

Book part
Publication date: 12 June 2018

Zanita E. Fenton

This chapter contributes to the discourse of difference by problematizing the sameness/difference trope through the lens of the exceptional. It explores the nature of being…

Abstract

This chapter contributes to the discourse of difference by problematizing the sameness/difference trope through the lens of the exceptional. It explores the nature of being exceptional with an expectation that its nature is contingent and variable. At the heart of understanding what constitutes exceptional is its implicit comparison with the average. While exceptional is defined to include both individuals who achieve in extraordinary ways and individuals with a physical or mental impairment, the two definitions are consonant in that both describe individuals who deviate from expected norms. Relying on the insights from pragmatism, this chapter considers community habits exceptional individuals must confront in forming their choices. In this way, it further adheres to the lessons from pragmatism for norm change. The strategies individuals use to alter the effects of being perceived as exceptional contribute to the overall discourse in equality and equal protection and potentially constitute the individual action that formulates change. It examines some approaches to the Americans with Disabilities Act (ADA) derived from civil rights and from economic perspectives and the relevant matrix of choices available to the exceptional to understand the potential for productive change. With this foreground, it examines the choice of exceptional individuals to cover or convey matters of their identity. This chapter pays particular attention to these choices in seeking accommodations under the ADA. Ultimately, this study strives to participate in the conversation seeking to maximize human potential.

Article
Publication date: 4 December 2020

Sarah Adams, Dale Tweedie and Kristy Muir

This paper aims to investigate the extent to which accounting standards for social impact reporting are in the public interest. This study aims to explore what the public interest…

1242

Abstract

Purpose

This paper aims to investigate the extent to which accounting standards for social impact reporting are in the public interest. This study aims to explore what the public interest means for social impact reporting by charities; and assess the extent to which the accounting standardisation of social impact reporting supports the public interest so defined.

Design/methodology/approach

This study conducts a case study of how stakeholders in Australian charities conceptualise the public interest when discussing accounting standardisation. This paper distinguishes three concepts of the public interest from prior research, namely, aggregative, processual and common good. For each, this paper analyses the implications for accounting and how accountants serve the public interest, and how they align with stakeholder views.

Findings

Stakeholder views align with the aggregative and processual concepts of public interest, however this was contested and partial. Accounting standards for social impact reporting will only serve the public interest if they also capture and implement the common good approach.

Practical implications

Clarifying how key stakeholders interpret the public interest can help standard-setters and governments design (or withhold) accounting standards on social impact reporting. This paper also distinguishes different practical roles for accountants in this domain – information merchants, umpires or advocates, which each public interest concept implies.

Originality/value

This paper extends prior research on accounting for the public interest to social impact reporting. The paper empirically demonstrates the salience of the common good concept of public interest and demonstrates the diversity of views on the standardisation of social impact reporting by charities.

Details

Qualitative Research in Accounting & Management, vol. 18 no. 3
Type: Research Article
ISSN: 1176-6093

Keywords

Abstract

Details

Optimal Growth Economics: An Investigation of the Contemporary Issues and the Prospect for Sustainable Growth
Type: Book
ISBN: 978-0-44450-860-7

Article
Publication date: 1 March 2021

Rudolf Metz

This article aims to analyze possible interpretations of democratic leadership by revealing the implicit leadership theory (ILT) of a moral, a material and a political ideal of…

Abstract

Purpose

This article aims to analyze possible interpretations of democratic leadership by revealing the implicit leadership theory (ILT) of a moral, a material and a political ideal of democracy, namely deliberative–participatory democracy (DPD), aggregative–pluralist democracy (APD) and leader democracy (LD). As special “filters,” ILT helps the author to organize and compare conflicting premises and assumptions democratic theories hold about exemplary leadership and followership.

Design/methodology/approach

In order to reconstruct the possible meanings of ideal leadership (challenges and political knowledge) and the ideal followership (power relations, interactions and roles) portrayed by theories, the article sets a specific template for conceptual analysis.

Findings

The author argues that there is a contest over the meaning of democratic leadership. Political leaders use leadership fictions as political weapons to mobilize possible followers, legitimize their actions and discredit opponents. The article creates a heuristic typology providing a “plural” or nonessentialist reading of actual political situations and democratic practices.

Originality/value

The literature usually aims to find an absolute moral understanding of leadership fitted in democracy or to reconcile the idea of leadership with democracy. Extending J. Thomas Wren's approach, this article examines competing fictions of democratic leadership by blending leadership and democracy theories.

Details

International Journal of Public Leadership, vol. 17 no. 4
Type: Research Article
ISSN: 2056-4929

Keywords

Abstract

Details

Radical Proceduralism
Type: Book
ISBN: 978-1-80043-721-0

Article
Publication date: 23 July 2020

Barbara Del Bosco, Roberto Chierici and Alice Mazzucchelli

This paper investigates the user entrepreneurship process in the video game industry, and how this process is influenced by the interactions between user entrepreneurs and…

Abstract

Purpose

This paper investigates the user entrepreneurship process in the video game industry, and how this process is influenced by the interactions between user entrepreneurs and communities.

Design/methodology/approach

The paper presents an exploratory multiple case study on 17 firms founded in the video game industry by Italian users.

Findings

The findings show that in most of the cases analysed, innovation by users precedes identification of the entrepreneurial opportunity. This research identifies three categories of communities that provide different forms of support to user entrepreneurs: communities of (1) gamers/users, (2) developers/innovators and (3) entrepreneurs. Given the different role played, the three categories of communities have a different relevance during the various phases of the innovation and entrepreneurial path: communities of gamers/users and of developers/innovators affect innovation development and opportunity identification, while communities of entrepreneurs help users to evolve from opportunity recognition to the start-up of a firm.

Originality/value

This study investigates the video game industry, a context in which user entrepreneurship is under-researched and that is characterized by the intangible nature of the products (while previous studies have mainly focused on physical goods). It contributes to extant literature by revealing that, at the beginning of the end-user entrepreneurial process, there may be not only unmet needs but also “excitement-driven” innovations. Moreover, by analysing the whole entrepreneurial path, the study shows how three categories of communities (gamers/users, developers/innovators and entrepreneurs) provide different forms of support to user entrepreneurs in the different phases of the entrepreneurial process.

Details

Journal of Small Business and Enterprise Development, vol. 27 no. 4
Type: Research Article
ISSN: 1462-6004

Keywords

Book part
Publication date: 5 December 2007

Michael McCann

This chapter derives from the movieDr. Strangelovecues for exploring questions about the quest for methodological insularity and purity in socio-legal research. Steven Lukes’…

Abstract

This chapter derives from the movieDr. Strangelovecues for exploring questions about the quest for methodological insularity and purity in socio-legal research. Steven Lukes’ classic three-dimensional model of power provides an intellectual focus for the core exploration of relations between epistemology and data generation, the two key elements that we usually identify with methodology. The discussion culminates in an affirmative argument for the value of approaching methodology as jazz, the creative popular music that grounds reliable, humane sense in Kubrick's movie and provides an apt analogy for much of the leading scholarship in the LSA tradition.

Details

Special Issue Law and Society Reconsidered
Type: Book
ISBN: 978-0-7623-1460-7

Abstract

Details

Advanced Modeling for Transit Operations and Service Planning
Type: Book
ISBN: 978-0-585-47522-6

1 – 10 of 123