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Article
Publication date: 1 February 2007

Jane Scoular, Jane Pitcher, Rosie Campbell, Phil Hubbard and Maggie O'Neill

This article considers the likely success of recent reforms of prostitution policy by reflecting on a recent Joseph Rowntree Foundation‐funded study that examined the experiences…

Abstract

This article considers the likely success of recent reforms of prostitution policy by reflecting on a recent Joseph Rowntree Foundation‐funded study that examined the experiences of those living and working in areas of street sex work. This empirical work points to some of the dangers of policy frameworks and techniques of control that continue to situate sex work as antithetical to the cultivation of community safety.

Details

Safer Communities, vol. 6 no. 1
Type: Research Article
ISSN: 1757-8043

Keywords

Article
Publication date: 1 February 2007

Maggie O'Neill

This article argues that there are two main barriers preventing imagining and actioning an inclusive, holistic strategy for prostitution reform in the UK. It identifies five key…

Abstract

This article argues that there are two main barriers preventing imagining and actioning an inclusive, holistic strategy for prostitution reform in the UK. It identifies five key tenets needed to improve the situations for men and women involved in selling sex. Findings from innovative research methods are used to explore how community safety may be improved.

Details

Safer Communities, vol. 6 no. 1
Type: Research Article
ISSN: 1757-8043

Keywords

Article
Publication date: 1 April 1979

Clive Bingley, Edwin Fleming and Sarah Lawson

I DON'T KNOW whether you are yet straight in your minds about the present location of the various parts of my erstwhile, present and embryonic business empires, but it will…

Abstract

I DON'T KNOW whether you are yet straight in your minds about the present location of the various parts of my erstwhile, present and embryonic business empires, but it will certainly clear my mind of confusion if I try to set it down here once and for all—and you are welcome to photocopy it (without comeback) for the edification of your colleagues!

Details

New Library World, vol. 80 no. 4
Type: Research Article
ISSN: 0307-4803

Article
Publication date: 3 March 2023

Yohan Lee, Alan Morse, Moonsup Hyun, Stephen L. Shapiro and Joris Drayer

Pricing studies have largely focused on sellers' pricing strategies and price determinants. To expand earlier work on sellers' pricing decisions, this study considers time as a…

Abstract

Purpose

Pricing studies have largely focused on sellers' pricing strategies and price determinants. To expand earlier work on sellers' pricing decisions, this study considers time as a major factor driving sellers' ticket prices in the secondary market. Specifically, because most secondary market transactions occur in the last moments before a game, this study considers how resellers adjust ticket prices within a few days prior to a game day including an actual game day.

Design/methodology/approach

To examine the impact of time on secondary market ticket prices for Major League Baseball (MLB), ticket prices were collected from StubHub (one of the largest secondary ticket markets) four times per game: from 3 days to 1 day prior to a game day and on the actual game day. Additionally, 10 control variables were obtained from previous research on price determinants (N = 19,155). A multiple regression model was created based on the extant literature regarding secondary market ticket prices.

Findings

Results indicate the number of days before a game negatively influenced ticket prices: resellers decreased ticket prices consistently during the last few days prior to a game's first inning. Specifically, secondary market ticket prices decreased relatively dramatically on an actual game day. Time had no significant effects on ticket prices 2 days prior to a game day. In addition to the role of time, league affiliation and the number of all-star players were identified as key price determinants in the secondary market. Moreover, changes in weather forecasts and the home team starting pitcher's ERA played significant roles in price changes.

Research limitations/implications

Despite containing a relatively high number of data observations compared with prior pricing studies, this study's findings were limited to certain teams. Additionally, as only MLB secondary market ticket pricing was considered, different outcomes and implications may apply in other major sport ticket markets (e.g. NBA, NFL, NHL and MLS) featuring distinct league structures, policies and demand.

Practical implications

This study offers practical guidance for sellers' pricing decisions. Most secondary ticket market sellers lowered their ticket prices relatively dramatically on an actual game day. Reducing ticket prices prior to a game day can lead to greater chances to avoid unsold tickets that compromise revenue management. This study's results also afford professional sport organizations and secondary ticket market consumers a clearer understanding of the factors resellers consider when setting ticket prices.

Originality/value

Although previous studies have uncovered essential elements influencing ticket prices and consumer demand in the secondary ticket market, little work has examined how time affects sellers' pricing decisions within a few days prior to a game day. Little is known about the elements that significantly influence sellers’ decisions to adjust (i.e. increase or decrease) ticket prices in the secondary market as well. This topic deserves ongoing attention, as new outcomes can supplement previous studies' findings due to changing market environments.

Details

Sport, Business and Management: An International Journal, vol. 13 no. 3
Type: Research Article
ISSN: 2042-678X

Keywords

Article
Publication date: 1 March 1974

Tom Schultheiss, Lorraine Hartline, Jean Mandeberg, Pam Petrich and Sue Stern

The following classified, annotated list of titles is intended to provide reference librarians with a current checklist of new reference books, and is designed to supplement the…

Abstract

The following classified, annotated list of titles is intended to provide reference librarians with a current checklist of new reference books, and is designed to supplement the RSR review column, “Recent Reference Books,” by Frances Neel Cheney. “Reference Books in Print” includes all additional books received prior to the inclusion deadline established for this issue. Appearance in this column does not preclude a later review in RSR. Publishers are urged to send a copy of all new reference books directly to RSR as soon as published, for immediate listing in “Reference Books in Print.” Reference books with imprints older than two years will not be included (with the exception of current reprints or older books newly acquired for distribution by another publisher). The column shall also occasionally include library science or other library related publications of other than a reference character.

Details

Reference Services Review, vol. 2 no. 3
Type: Research Article
ISSN: 0090-7324

Article
Publication date: 2 June 2020

Neil Ewins

This paper explores the advertising strategy of crockery importers and dealers in relationship to their origins and backgrounds. This is a departure from earlier ceramic-history…

Abstract

Purpose

This paper explores the advertising strategy of crockery importers and dealers in relationship to their origins and backgrounds. This is a departure from earlier ceramic-history literature which tended to focus on the Staffordshire producers, with limited awareness on how the identity of importers and dealers influenced what products were sold, and their individual approaches to marketing.

Design/methodology/approach

Within a context of historical marketing research, this paper analyses newspaper advertising and commentary. It combines an examination of marketing practices with a wider consideration of the cultural identities of ceramic importers and dealers. The digitalization of historical records, combined with sophisticated search engines, makes it more feasible to examine a broader range of sources. Thus, modern research methods can enhance our understanding of production and demand and reveal how marketing strategy was diverse.

Findings

Awareness on how advertising was influenced by the backgrounds and socio-political views of importers and dealers demonstrates ways in which Anglo-American ceramic trade could be far more market-led. More significantly, marketing approaches were not necessarily responding to American demand, but rather that importers could engage in commissioning goods which reflected their own views on politics, religion or slavery.

Originality/value

Examining the advertising of importers demonstrates the complex relationship between production and ceramic demand. This paper opens up debates as to how far the advertising of other merchandise in the USA shows evidence of taking a more individual approach by the 19th century.

Details

Journal of Historical Research in Marketing, vol. 12 no. 3
Type: Research Article
ISSN: 1755-750X

Keywords

Article
Publication date: 25 November 2019

Fiona Jane Francis, Azman Hassan, Syamsul Herman Mohd Afandi and Alias Radam

This study aims to incorporate visitors’ preferences for sustainable development into the policy framework of Rainforest Discovery Centre (RDC), Sabah, Malaysia.

Abstract

Purpose

This study aims to incorporate visitors’ preferences for sustainable development into the policy framework of Rainforest Discovery Centre (RDC), Sabah, Malaysia.

Design/methodology/approach

A stated preference technique known as choice experiment (CE) method is used in this study. Four management attributes, namely, information provision (IP), protection level (PL), guided tour (GT) and entrance fee (FEE), were identified as the most relevant aspects of the RDC in Sabah. Two econometrics models which are conditional logit and random parameter logit were estimated to achieve the purpose of the study.

Findings

This study finds that visitors support the proposed development of RDC. The alteration of protection level (i.e. improvement of “PL” attribute) is the most concerning matter among visitors. Since the random parameter logit model revealed that PL is specified as random, the individual heterogeneity exists for PL.

Practical implications

The current issues in ecotourism were studied and integrated into the methodology. A unique and comprehensive policy structure was developed, and enables to respond with any contemporary issues linked to protected areas (PA) without neglecting the natural and cultural endowments.

Originality/value

This study presents an in-depth understanding of visitors’ preferences in the ecotourism industry and used CE as a mechanism tool to explore visitors’ preferences. This study incorporates the conceptualisation of visitors’ preferences and sustainable tourism development into the PA framework structure.

目的

这项研究的目标是将游客的偏好纳入马来西亚沙巴的热带雨林探索中心(RDC)的政策框架中以促进可持续性发展。

设计/方法/方法

种陈述偏好的技术称为选择实验(CE)的方法被采用在本文。,其中四个管理属性; 包括资讯供应(IP) 、 保护水平(PL) 、导游陪同的旅游(GT) 和入门收费(FEE), 视为沙巴RDC最相关的方面。,另外两项計量經濟模型有条件Logit和随机参数Logit模型也被用以估计来达到研究目的。

结果

这项研究发掘游客是支持RDC的拟开发。,保护级别的改造(即“ PL”属性的改进)也是访客中最关注的事。,由于随机参数Logit模型被指定为随机, 因此PL是存在个别异质性。

实际含义

此项研究研证了生态旅游中的当前问题, 并且将其综合到方法论中。,研发了独特而全面的政策结构, 以便能应对任何与受保护区域相关的当前问题, 同时非忽视自然和文化禀赋。

独创性/价值

这项研究使用了CE作为一种机制来探索游客的偏好, 及深入了解生态旅游业中游客的偏好。,此项研结合游客偏好和可持续旅游业发展的概念并纳入了PA框架结构。

Objetivo

Este estudio tiene como objetivo incorporar las preferencias de los visitantes por el desarrollo sostenible en el marco de políticas de Rainforest Discovery Centre (RDC), Sabah, Malasia.

Diseño/metodología/enfoque

En este estudio se utiliza una técnica de preferencia declarada que se conoce como método del experimento de elección (CE). Cuatro atributos de gestión, a saber, suministro de información (PI), protección nivel (PL), visita guiada (GT) y tarifa de entrada (FEE) fueron identificados como los aspectos más relevantes de la RDC en Sabah. Dos modelos econométricos que son logit condicional y logit de parámetro aleatorio fueron estimado para lograr el propósito del estudio.

Resultados

Este estudio encuentra que los visitantes apoyan el desarrollo propuesto de RDC. La alteración de El nivel de protección (es decir, la mejora del atributo "PL") es el asunto más preocupante entre los visitantes. Ya que El modelo logit de parámetros aleatorios reveló que PL se especifica como aleatorio, la heterogeneidad individual existe para PL.

Implicaciones practicas

Los temas actuales en ecoturismo fueron estudiados e integrados en la metodología. Se desarrolló una estructura de política única y completa que permite responder con los temas contemporáneos vinculados a las áreas protegidas (AP) sin descuidar los aspectos naturales y culturales dotaciones.

Originalidad/valor

Este estudio presenta una comprensión profunda de las preferencias de los visitantes en el industria del ecoturismo y utilizó CE como una herramienta de mecanismo para explorar las preferencias de los visitantes. Este estudio incorpora la conceptualización de las preferencias de los visitantes y el desarrollo del turismo sostenible en el Estructura del Marco PA.

Article
Publication date: 18 May 2020

Kelly Carter

Much evidence exists that rational investors factor rational information into their valuation of shares. This paper aims to examine whether sentimental investors do the same.

Abstract

Purpose

Much evidence exists that rational investors factor rational information into their valuation of shares. This paper aims to examine whether sentimental investors do the same.

Design/methodology/approach

To investigate this issue, the author measures sentimental investors’ reaction to the surprise player transactions of the Boston Celtics, which traded on the New York Stock Exchange for 18 years. The team’s shares were bought mainly as souvenirs by sports fans, whose largely unwavering support makes them perhaps the least likely investors to be influenced by rational information. Thus, if the team’s share price changes because of the arrival of rational information, evidence that sentimental traders price rational information into their valuation of a stock will exist.

Findings

An acquired player’s salary, education and firm-specific experience with the Boston Celtics cause higher returns. This result provides evidence that sentimental traders factor rational information into their valuations of shares. On a broader scale, the findings underscore the importance of rational information to the valuation process, as even sentimental investors price rational information into a stock that is held for sentimental reasons. Moreover, the results are consistent with the nudge theory, in that the arrival of rational information encourages (i.e. nudges) sentimental investors to price the rational information as a rational investor world.

Originality/value

This study is the first to show that sentimental traders also factor rational information into the valuation process – an idea that was likely assumed prior to this study, but was never substantiated.

Details

Managerial Finance, vol. 46 no. 9
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 22 September 2020

Justin Ehrlich, Justin Perline, Joel Potter and Shane Sanders

In baseball, a run scored on offense carries the same on-field (win) value as does a run prevented on defense. Both outcomes bear the same score margin implication. This…

Abstract

Purpose

In baseball, a run scored on offense carries the same on-field (win) value as does a run prevented on defense. Both outcomes bear the same score margin implication. This presumption of unit equality is implicit in the Wins Above Replacement (WAR) measure, which treats units of offensive WAR (oWAR) and units of defensive WAR (dWAR) as perfectly substitutable toward win production. The purpose of this paper is to ask whether the salaries of Major League Baseball (MLB) players reveal such an equal valuation among MLB teams.

Design/methodology/approach

The authors examine the relationship between offensive output, defensive output and subsequent salary from free agency in MLB using a set of log-linear OLS, fixed effects regression specifications.

Findings

In general, estimated annual salary from free agency increases significantly and substantially with unit increases in a player's (prior season) wins above replacement WAR. Across specifications, the authors estimate a 42.5–43.4% increase in salary for year t for each additional unit of WAR in year t−1. The authors disaggregate WAR into offensive and defensive components (oWAR and dWAR) and estimate a 52.4–53.3 (4.8–7.2)% increase in salary for each additional unit of oWAR (dWAR).

Originality/value

The efficiency of the baseball labor market has been studied previously with mixed results. The novelty of the present study is its treatment of inputs not as positions or individual players but as the underlying offensive and defensive win production of players. The authors estimate free agency salary returns to (contract season) oWAR and dWAR in MLB to establish whether (to what extent) a salary premium for offensive output exists within MLB.

Details

Managerial Finance, vol. 47 no. 3
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 1 December 1971

TO operate effectively in his environment a man should seek to appreciate the sources which created it. There are few better ways for the work study man, or others concerned with…

Abstract

TO operate effectively in his environment a man should seek to appreciate the sources which created it. There are few better ways for the work study man, or others concerned with the efficient running of the industrial machine, to do so than by digesting Management Thinkers, published at 40p in the Pelican Library of Business and Management.

Details

Work Study, vol. 20 no. 12
Type: Research Article
ISSN: 0043-8022

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