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Article
Publication date: 24 March 2021

Hsin-Hsien Liu and Hsuan-Yi Chou

Taking a mental accounting theory perspective, this study explores how pricing strategy (all-inclusive vs partitioned) influences consumers' perceived residual value of a…

Abstract

Purpose

Taking a mental accounting theory perspective, this study explores how pricing strategy (all-inclusive vs partitioned) influences consumers' perceived residual value of a product and their subsequent intentions to upgrade to a newer model.

Design/methodology/approach

A pilot study and two formal experiments were conducted to test the hypotheses.

Findings

A partitioned (vs all-inclusive) price causes consumers to later recall a lower total cost and perceive lower residual value for the existing product, thereby increasing upgrade intentions. This finding holds for both utilitarian and hedonic products. Perceived residual value mediates the impact of the pricing strategy on upgrade intentions. The pricing strategy effect is stronger for state-oriented individuals than for action-oriented individuals.

Originality/value

This study extends understanding of the impact of pricing strategies from consumers' short-term immediate demand to long-term upgrade intentions. It also identifies a previously uninvestigated moderator (action-state orientation), clarifying the boundary conditions of pricing strategy effects. The study's conceptual framework links pricing strategy, sunk costs, perceived residual value and upgrade intentions, providing rich insights and potential research paths. These findings further enhance understanding of upgrade intentions.

Details

Marketing Intelligence & Planning, vol. 39 no. 5
Type: Research Article
ISSN: 0263-4503

Keywords

Article
Publication date: 1 October 2000

Lewis G. Liu and Richard Holowczak

Reuters 3000 Xtra is a real‐time and interactive global news and financial information service that covers the equity market, bond market, foreign currency and money…

1236

Abstract

Reuters 3000 Xtra is a real‐time and interactive global news and financial information service that covers the equity market, bond market, foreign currency and money market, and various derivative markets. While there are hundreds of business schools in the USA, only a handful of schools have established real‐time financial and trading services for educational purposes. Currently only six schools are equipped with such services in the USA. The Subotnick Financial Services Center at the Zicklin School of Business of the City University of New York is the only real‐time trading facility for education in New York City. Given the many advantages of educating and training students using simulation of real‐time trading, the number of business schools that are considering acquiring such services is bound to increase. The emerging issue is how to use services such as Reuters 3000 Xtra to provide financial information education for students, faculty members, and potential traders. This article covers some important features of Reuters 3000 Xtra and illustrates how it may be used to provide financial information education. This article specifically discusses the use of Reuters Instruction Code (RIC), Speed Guide, Model Browser, and PowerPlus Pro to access, retrieve, organise, display, and analyse real‐time data. Furthermore, this article demonstrates taking advantage of the real‐time data feed to test the portfolio diversification theory by developing a diversified portfolio in the equity market. It is our hope that students, faculty members, business librarians, business information specialists and financial portfolio managers who are involved in Reuters 3000 Xtra training and teaching will benefit from this article.

Details

Online Information Review, vol. 24 no. 5
Type: Research Article
ISSN: 1468-4527

Keywords

Article
Publication date: 1 December 2004

Lewis G. Liu

This empirical investigation examines the causal relationship between public libraries, literacy level, and economic productivity measured by gross domestic product per…

1800

Abstract

This empirical investigation examines the causal relationship between public libraries, literacy level, and economic productivity measured by gross domestic product per capita using path analysis. It is hypothesized that public libraries along with school libraries contribute to countries' literacy levels which in turn contribute to economic productivity. Cross‐country data were gathered from a number of sources including the Statistical Abstract of the World and Unesco's Statistical Yearbook. The results show that the path coefficients of public libraries and literacy levels are statistically significant at the 0.05 and 0.0001 levels respectively, strongly confirming the hypothesis. This study demonstrates that public libraries contribute to economic productivity through their various literacy programs and argues that cutting financial support for public libraries as practiced by many municipal governments is a short‐sighted policy and will adversely affect economic productivity of countries in the long run.

Details

Library Review, vol. 53 no. 9
Type: Research Article
ISSN: 0024-2535

Keywords

Content available
Article
Publication date: 20 February 2009

Lewis G. Liu

365

Abstract

Details

Online Information Review, vol. 33 no. 1
Type: Research Article
ISSN: 1468-4527

Keywords

Article
Publication date: 1 November 2011

Roger L. Cross

The paper seeks to propose that librarians act to ensure the continued existence of small, specialized, and non‐profit publishers as avenues of intellectual and academic…

831

Abstract

Purpose

The paper seeks to propose that librarians act to ensure the continued existence of small, specialized, and non‐profit publishers as avenues of intellectual and academic discourse in an era of growing publishing monopolies.

Design/methodology/approach

The paper reviews the profitability of commercial publishers and their plans for expansion in the digital book market, and contrasts this with the continued financial hardships of public‐welfare academic publishers.

Findings

The problems for non‐profit academic publishers will not be solved by simply “going digital”.

Practical implications

Librarians need to exclude small academic publishers from further burdening through collective collection development.

Originality/value

The paper reviews developments in digital book publication from the perspective of a 1997 conference on the “crisis” in academic publishing with current business practices and expansions by large publishing houses.

Details

The Bottom Line, vol. 24 no. 3
Type: Research Article
ISSN: 0888-045X

Keywords

Article
Publication date: 23 August 2011

Roger L. Cross

The rise of academic librarian professionalism coincided with the consolidation and centralization of university libraries. The resulting consolidation of the materials…

560

Abstract

Purpose

The rise of academic librarian professionalism coincided with the consolidation and centralization of university libraries. The resulting consolidation of the materials budget offered a revenue stream exploited by increasingly large publishers. Since publishers will always attempt to maximize their profits, the only way to restrict unlimited access to library funds is through reverting to decentralization. One such method is the creation of modules without overlapping funding. The purpose of this paper is to discuss these issues.

Design/methodology/approach

This paper relies on a wide range of academic library economic literature in an attempt to clarify the structural problem of library budgeting as well as to find means to reverse the slide into budgetary collapse.

Findings

Professional librarians have over‐centralized academic libraries. This has provided publishers in the past with profitable revenue streams that continue to expand even while the library's ability to maintain funding has contracted. Since publishers will not impose limits on maximizing their profits, it is up to the librarian to impose strictures on available funding.

Originality/value

This paper argues that there is a causal relation between the rise of increasingly large for‐profit publishing and the rise of the centralized big academic library run by library professionals. It proposes the decentralization of academic library budgets as a means to regain fiscal control.

Details

The Bottom Line, vol. 24 no. 2
Type: Research Article
ISSN: 0888-045X

Keywords

Article
Publication date: 1 October 2002

Don Revill

The reviewer concludes that the human problems of knowing one’s users, liaison and collaboration with academic staff, user training and information literacy, are still…

742

Abstract

The reviewer concludes that the human problems of knowing one’s users, liaison and collaboration with academic staff, user training and information literacy, are still unresolved issues despite the wealth of information potentially available to professionals via electronic services monitoring and despite the promise of electronically mediated solutions. The measurement and evaluation of electronic services remain difficult with little consensus on what to measure and how to do it. Contends that classification has much to contribute to electronic information retrieval yet is seriously neglected.

Details

New Library World, vol. 103 no. 9
Type: Research Article
ISSN: 0307-4803

Keywords

Content available
Article
Publication date: 1 June 2004

Nestor L. Osorio

217

Abstract

Details

Collection Building, vol. 23 no. 2
Type: Research Article
ISSN: 0160-4953

Keywords

Article
Publication date: 5 January 2022

Richa Chaudhary, Madhu Lata and Mantasha Firoz

The purpose of this study is to present an empirical account of the prevalence and socio-demographic determinants of workplace incivility (experienced and instigated) in…

Abstract

Purpose

The purpose of this study is to present an empirical account of the prevalence and socio-demographic determinants of workplace incivility (experienced and instigated) in the Indian workplace.

Design/methodology/approach

The study sample consisted of 1,133 employees working in service organizations mainly banks, hotels, academic institutions and information technology firms. The authors tested the proposed model on the same set of respondents in two different studies. The phenomenon of instigated incivility and its determinants were examined in Study 1, while Study 2 looked at experienced incivility and its antecedents. The data were analyzed using univariate, bivariate, and multivariate statistical operations in SPSS 24.

Findings

The results of both studies revealed that employees’ age, gender, educational qualification, position, nature of the organization, type of the organization and duration of working hours significantly predict the onset of workplace incivility. Nevertheless, marital status and tenure failed to predict the manifestation of uncivil behaviors in the organization.

Research limitations/implications

The scope of this study was restricted to the Indian service sector with a focus on only two types of workplace incivility (instigated and experienced).

Practical implications

The managers are advised to be mindful of employees’ socio-demographic differences while devising interventions to tackle the issues of uncivil acts at work.

Originality/value

This study is one of the pioneer attempts to explore the impact of socio-demographic factors on employees’ tendency to instigate and experience incivility at work in India. In doing so, the study enriches the scant literature on workplace incivility by establishing the role of individual differences in determining the occurrence of incivility in the workplace.

Details

International Journal of Conflict Management, vol. 33 no. 3
Type: Research Article
ISSN: 1044-4068

Keywords

Book part
Publication date: 8 July 2021

Peter Ping Li

The author argues and explains that the indigenous Eastern epistemological frame of yin-yang balancing can be taken as a unique system of thinking toward a…

Abstract

The author argues and explains that the indigenous Eastern epistemological frame of yin-yang balancing can be taken as a unique system of thinking toward a meta-perspective. It is not only deeply rooted in the indigenous Eastern culture traditions, but also bears salient global implications, especially in the domain of paradox management. The purpose and contribution of this chapter are twofold: (1) to explain the unique and salient features of yin-yang balancing (the “either/and” system to reframe paradox into duality as partially conflicting and partially complementary, both spatially and temporarily) as compared with the Western logic systems (the “either/or” and “both/or” or “both/and” systems); and (2) to explore the global implications of the “either/and” system for future paradox research, including the three unique themes of overlap between opposites with the “seed” of one opposite inside the other; threshold from the contingent balance between partial separation and partial integration in line with specific contexts through three operating mechanisms, and knot for the special role of third-party to shift paradox from a dyadic level to a triadic and even a multiplex level.

Details

Interdisciplinary Dialogues on Organizational Paradox: Learning from Belief and Science, Part A
Type: Book
ISBN: 978-1-80117-184-7

Keywords

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