Search results

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Book part
Publication date: 18 July 2007

Frank Messner, Hagen Koch and Michael Kaltofen

In this chapter it is shown how economic evaluation algorithms of water use can be integrated into a long-term water management model such that surface-water availability and…

Abstract

In this chapter it is shown how economic evaluation algorithms of water use can be integrated into a long-term water management model such that surface-water availability and economic evaluation of various levels of water availability to different uses can be modeled simultaneously. This approach makes it possible to include essential features of economic analyses of water use into water resource modeling and thus improves the capability of such models to support decision making in water management. This is especially relevant for the implementation of the Water Framework Directive, which requires economic analyses to be included in the decision process about future water management strategies.

The water management simulation model WBalMo is presented and the integration of economic-evaluation algorithms is demonstrated for the examples of surface-water use for fish farming and for filling open-cast mining pits in order to achieve acceptable water-quality levels in the emerging pit lakes. Results of applying this integrated evaluation approach are shown for different water management scenarios under conditions of global change in the East German Spree and Schwarze Elster river basins, where water scarcity is an urgent issue. Among the lessons which are drawn by the authors one lesson reads that integrating economic evaluation algorithms into a pre-existing model might bring enormous problems. Therefore, such model approaches should be developed together by water engineers and economists in an interdisciplinary endeavor right from the start.

Details

Ecological Economics of Sustainable Watershed Management
Type: Book
ISBN: 978-1-84950-507-9

Article
Publication date: 7 July 2020

Younghee Noh

This study aims to develop an evaluation index to evaluate the economic value among the values of the library and also attempts to measure the economic value of the library by…

Abstract

Purpose

This study aims to develop an evaluation index to evaluate the economic value among the values of the library and also attempts to measure the economic value of the library by performing a survey of the librarians and users at public libraries. The results of this research would likely encourage the librarians to feel increasingly confident about the library, while students and users, in general, would also likely be able to realize the economic value and presence of the library in more perceptive ways, thereby contributing to the activation of the library.

Design/methodology/approach

This study pertains to the development of an evaluation index for assessing the economic value of the library and, to evaluate the economic value of the library, has derived a preliminary evaluation index by collectively gathering and analyzing the domestic and foreign papers on the value of the library in its first phase. The preliminary evaluation index derived was verified by conducting three phases of Delphi survey by selecting ten experts. The survey questionnaire was developed to measure the economic value based on the final evaluation index derived from this study, and the economic value was measured against the perceptions of librarians and users of the public library.

Findings

The economic value of the library was divided into the four categories of the local economy’s value enhancement, namely, connection with the local community, human resources development, job creation and investment value enhancement for the librarians and users surveyed for assessment purposes. Consequently, the area of connection with the local community turned out to be the highest at 4.15, followed by 4.02 of the investment value improvement, 3.58 for the local economy’s value improvement and 3.50 for the human resources development and job creation, respectively. Furthermore, the respondents demonstrated the highest level of consensus on average on how the resource sharing by libraries has helped to reduce the economic burden for the residents as a matter of social value for the public library while believing that the libraries deliver a high level of return on social investments.

Originality/value

There are not that many studies conducted on the economic influence or the value of public libraries in Korea, and they are merely referenced in part if and when referenced to the overall value of the library. Given that, the research that focuses only on the economic value of the library must be carried out. In this respect, this research has been quite meaningful. The evaluation index developed in this research is likely to become a basic tool that can be applied to public libraries, as well as other types of libraries. Furthermore, the evaluation index developed through this research could be applied to nonprofit organizations, such as libraries, and would likely have a social ripple effect as a research that evaluates and presents the economic value of libraries. Accordingly, in this research, we have analyzed the list presented by the American Library Association and domestic research results, and have also structured the core details and derived the preliminary economic value index. Finally, 4 evaluation areas, 7 evaluation items and 22 evaluation indicators have been developed through the Delphi survey through three phases.

Article
Publication date: 26 July 2013

Yuanyuan Zhou, Minxue Huang, Alex S.L. Tsang and Nan Zhou

Consumers use cues to assess whether a recovery is effective. Prior literature on service recovery has focused mainly on individual-related factors. This paper aims to study how…

3450

Abstract

Purpose

Consumers use cues to assess whether a recovery is effective. Prior literature on service recovery has focused mainly on individual-related factors. This paper aims to study how other consumers in the same failure and recovery influence an individual consumer to evaluate the firm ' s recovery efforts.

Design/methodology/approach

Two experiments were conducted. Experiment 1 tested the interaction effects between recovery modes (public vs private) and recovery dimensions (economic vs social) on an individual consumer ' s evaluation of a recovery strategy for a group service failure. Experiment 2 investigated the complementary role of social recovery on economic compensation.

Findings

Experiment 1 identified a significant interaction effect. Results suggest that an individual in a group service failure responds more favorably to public economic recovery than to private recovery. However, an individual ' s reaction to social recovery follows the opposite pattern. Furthermore, in experiment 2 a complementary effect between economic recovery and social recovery was found.

Originality/value

One potential contribution is that the paper sheds light on the issue related to the influence from other affected consumers in the same service failure and recovery situation in affected consumers ' recovery evaluation. An individual will consider the recovery other individuals receive when he or she evaluates the recovery ' s strategy. The paper also provides insight into the complementary use of economic and social recoveries to enhance a consumer ' s evaluation of a firm ' s overall recovery at a reduced cost.

Details

European Journal of Marketing, vol. 47 no. 8
Type: Research Article
ISSN: 0309-0566

Keywords

Book part
Publication date: 7 October 2019

Ursula Hoffmann-Lange

The contribution starts out from the question whether the political legitimacy of the Third Wave democracies has suffered in the wake of the Great Recession. The expectation of a…

Abstract

The contribution starts out from the question whether the political legitimacy of the Third Wave democracies has suffered in the wake of the Great Recession. The expectation of a damaging effect of an economic or political crisis on legitimacy is based on Lipset’s assumption that established democracies with a high degree of political legitimacy are better capable of coping with such crises than young democracies. The database includes two surveys of members of parliament conducted in 2007 and 2013 in Sweden, Germany and five Third Wave democracies located in different world regions (Chile, South Korea, Poland, South Africa and Turkey). Waves 5 and 6 of the World Values Survey that were conducted at about the same time were used for comparing the legitimacy beliefs among MPs and citizens. The data show that the scores for all indicators of political legitimacy are higher among MPs than among citizens and that the differences between the two groups of respondents are considerably larger in the five young democracies. Confidence in political parties is fairly low, especially among citizens, while the evaluation of the quality of democracy in the respondents’ country is much higher. Both evaluations have been rather stable over time. In the two established democracies, support for democracy among citizens is nearly as high as among MPs. In the five young democracies, the MP-citizen differential is larger and support for democracy in the population shows a steady increase only in Chile, while it has remained low in Poland and Turkey and even decreased in Korea and South Africa. This indicates that democracy has not taken deep roots in four of the five new democracies included in the study. In Korea and South Africa, the decline in support for democracy started already before the onset of the economic crisis and therefore cannot be attributed to the recession. This is confirmed by the lack of a statistical relationship between political legitimacy on one side and economic evaluations on the other side. A multiple regression analysis shows strong country-specific effects, while individual-level variables have only minor effects.

Open Access
Article
Publication date: 6 January 2022

Meng Ye, Fumin Deng, Li Yang and Xuedong Liang

This paper aims to build a scientific evaluation index system for regional low-carbon circular economic development. Taking Sichuan Province as the empirical research object, the…

1636

Abstract

Purpose

This paper aims to build a scientific evaluation index system for regional low-carbon circular economic development. Taking Sichuan Province as the empirical research object, the paper evaluates its low-carbon circular economy (LCCE) development level and proposes policy recommendations for climate change improvement based on the evaluation results.

Design/methodology/approach

This paper, first, built an evaluation index system with 30 indicators within six subsystems, namely, economic development, social progress, energy consumption, low-carbon emissions, carbon sink capacity and environmental carrying capacity. Second, develop an “entropy weight-grey correlation” evaluation method. Finally, from a practical point of view, measure the development level of LCCE in Sichuan Province, China, from 2008 to 2018.

Findings

It was found that Sichuan LCCE development had a general downward trend from 2008 to 2012 and a steady upward trend from 2012 to 2018; however, the overall level was low. The main factors affecting the LCCE development are lagging energy consumption and environmental carrying capacity subsystem developments.

Research limitations/implications

This paper puts forward relevant suggestions for improving the development of a low-carbon economy and climate change for the reference of policymakers.

Originality/value

This paper built an evaluation index system with 30 indicators for regional low carbon circular economic development. The evaluation method of “entropy weight-grey correlation” is used to measure the development level of regional LCCE in Sichuan Province, China.

Details

International Journal of Climate Change Strategies and Management, vol. 14 no. 1
Type: Research Article
ISSN: 1756-8692

Keywords

Article
Publication date: 15 June 2015

Steve Brown, Donald Getz, Robert Pettersson and Martin Wallstam

The purpose of this paper is to define event evaluation, develop a conceptual model of its process and elements, review pertinent literature, and draw conclusions pertaining both…

15970

Abstract

Purpose

The purpose of this paper is to define event evaluation, develop a conceptual model of its process and elements, review pertinent literature, and draw conclusions pertaining both to the discourse on evaluation and its praxis.

Design/methodology/approach

General review of literature and development of a conceptual model of the evaluation process.

Findings

The review suggests that impact assessments have dominated, but are only one type of evaluation; research and papers on evaluating the worth of events has been minimal, while those on the evaluation of various management and marketing functions is fragmented.

Research limitations/implications

It is concluded that little has been written about evaluation paradigms and systems, although the discourse on sustainability and triple bottom line accountability has led to a greater emphasis on non-economic considerations.

Originality/value

The conceptual model of the evaluation process and its components offers a systematic approach to shaping evaluation discourse and methods. Conclusions are drawn on how to advance evaluation research and methods applied to events.

Details

International Journal of Event and Festival Management, vol. 6 no. 2
Type: Research Article
ISSN: 1758-2954

Keywords

Article
Publication date: 4 March 2014

Ekaterina A. Makarova and Anna Sokolova

The aim of this paper is to identify ways for improvement of the foresight evaluation framework on the basis of analysis and systematisation of accumulated experience in the field

2972

Abstract

Purpose

The aim of this paper is to identify ways for improvement of the foresight evaluation framework on the basis of analysis and systematisation of accumulated experience in the field of project management.

Design/methodology/approach

The paper is based on a detailed literature review devoted to an evaluation of foresight and traditional projects. The approaches to project evaluation in the field of project management were investigated, and the main steps of traditional project evaluation process were determined. The most commonly applied steps of foresight evaluation were identified by the analysis of recent foresight evaluation projects. The comparison of evaluation frameworks for foresight projects and traditional projects allows to provide recommendations for foresight evaluation framework improvement.

Findings

The paper identifies several lessons for foresight evaluation from project management. The elements which can enrich foresight evaluation framework are the following: the development of an evaluation model; the extensive use of quantitative methods; the elaboration of evaluation scales; the inclusion of economic indicators into evaluation; and the provision of more openness and transparency for evaluation results.

Originality/value

Given the importance of foresight evaluation procedures and the lack of a commonly applied methodological approach, the value of this paper consists in identifying a foresight evaluation framework and enriching it with elements of project management.

Details

Foresight, vol. 16 no. 1
Type: Research Article
ISSN: 1463-6689

Keywords

Open Access
Article
Publication date: 28 July 2021

Fabio Cassia, Sven A. Haugland and Francesca Magno

While studies about business-to-business (B2B) relationships have mainly addressed buyer–supplier long-term exchanges, focusing on social outcomes such as trust, commitment and…

1858

Abstract

Purpose

While studies about business-to-business (B2B) relationships have mainly addressed buyer–supplier long-term exchanges, focusing on social outcomes such as trust, commitment and cooperation, there is little research that explores the social outcomes which stem from short-term B2B transactions. The purpose of this paper is to explain buyers’ intention to renew a contract after discrete and time-delimited transactions by suggesting a model that complements social exchange theory with theories of fairness. In detail, this study aims to determine how evaluations of economic and social outcomes are complemented by both procedural fairness and distributive fairness.

Design/methodology/approach

The hypotheses are tested in the social couponing industry with a survey of a sample of 199 firms purchasing advertising services from daily deal websites. Data are analyzed using covariance-based structural equation modeling (CB-SEM).

Findings

The findings reveal direct effects of procedural fairness on social outcomes (satisfaction) and distributive fairness on the intention to renew a contract, negative moderating effect of procedural fairness on the relationship between economic outcomes (campaign effectiveness) and social outcomes (satisfaction).

Research limitations/implications

In discrete, time-delimited transactions, high levels of procedural fairness may partially compensate for low levels of economic outcomes and prevent a reduction in social outcomes. Hence, when economic outcomes are influenced largely by external, uncontrollable conditions, the buyer seems to appreciate the supplier’s efforts to behave fairly.

Practical implications

Social outcomes matter even in discrete transactions and considerations of fairness should be integrated in the management of discrete transactions. Sharing economic outcomes fairly is not sufficient to secure the buyer’s intention to renew the contract.

Originality/value

This study proposes and tests a model that complements social exchange theory with theories of fairness and explains contract renewal in discrete, time-delimited transactions, encompassing both economic outcomes and social outcomes.

Details

Journal of Business & Industrial Marketing, vol. 36 no. 13
Type: Research Article
ISSN: 0885-8624

Keywords

Article
Publication date: 1 February 1977

Nicholas Woodward

To judge from the literature there has been a substantial amount of research carried out into the evolution of supervisor training. For the most part, however, this work has been…

Abstract

To judge from the literature there has been a substantial amount of research carried out into the evolution of supervisor training. For the most part, however, this work has been carried out by those with psychological/sociological leanings; in fact it should more appropriately be described as “validation”, in that no attempt has been made to value the effects of the training programmes in either resource or cash terms. Thus most of the research has been concerned primarily with the factors that affect the learning process and the transfer of learning. To a large extent, therefore, economic evaluations of training have been ignored. No doubt this reflects the fact that such training is difficult to evaluate economically.

Details

Managerial Finance, vol. 3 no. 2
Type: Research Article
ISSN: 0307-4358

Open Access
Article
Publication date: 4 October 2019

Peide Liu, Xiaoxiao Liu and Hongyu Yang

Accurately judging the quality of marine economic development is the premise of grasping the level and status of marine economic development. In order to scientifically evaluate…

Abstract

Purpose

Accurately judging the quality of marine economic development is the premise of grasping the level and status of marine economic development. In order to scientifically evaluate the development quality of regional marine economy, the purpose of this paper is to select the marine area of Qingdao as the research object, and construct a marine economic development quality evaluation index system with 16 indicators.

Design/methodology/approach

The raw data is normalized by the range conversion method, and the weight of the index is determined by the information entropy model. Further, the grey relational analysis (GRA) method is used to evaluate the quality of marine economic development of Qingdao from 2012 to 2017.

Findings

The results show that the marine economic development capacity of Qingdao is with the generally increasing trend, the total marine economy is with on the rising trend, the marine storage and transportation capacity, and marine ecological environment are first decreased, and then increased. The utilization of marine resources is generally decreasing, and the comprehensive management of oceans varies with the changes of environment and economy. Therefore, in view of the development capacity of marine economy, the coordinated development of economy and environment should be carried out.

Originality/value

This paper uses the GRA to evaluate the quality of marine economic development and provides a reference for the development of marine economy in Qingdao.

Details

Marine Economics and Management, vol. 2 no. 1
Type: Research Article
ISSN: 2516-158X

Keywords

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