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Book part
Publication date: 19 November 2003

Michael Jones-Lee and Graham Loomes

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Handbook of Transport and the Environment
Type: Book
ISBN: 978-0-080-44103-0

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Article
Publication date: 1 January 1983

Stephen P. Witt

A binary choice model explaining the distribution of holidays abroad undertaken by UK residents is constructed and estimated. The foreign holiday demand function is…

Abstract

A binary choice model explaining the distribution of holidays abroad undertaken by UK residents is constructed and estimated. The foreign holiday demand function is generated from a comparison of holiday costs and benefits, and stochastic behaviour is permitted. In addition, the effects of incomplete knowledge on holiday choice are incorporated in the model. It is shown that the empirical results support the theoretical framework and that the £50 foreign currency limit imposed by the British Government between 1966 and 1969 resulted in a shift in the distribution of foreign holidays.

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Journal of Economic Studies, vol. 10 no. 1
Type: Research Article
ISSN: 0144-3585

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Article
Publication date: 1 April 1986

Michael Drummond and Ron Akehurst

After five years of medical education and a somewhat longer period of practical training before obtaining a consultant post, or partnership in general practice, the…

Abstract

After five years of medical education and a somewhat longer period of practical training before obtaining a consultant post, or partnership in general practice, the British clinician can be excused a measure of despair when being told that he or she now has to grapple with alien concepts like ‘value for money’. After all, the majority of one's training has been directed at improving one's clinical competence with the general aim of serving patients better. The clinician's concern is therefore with improving the quality of care, not with securing more value for money. In any case, what are all those National Health Service managers doing?

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Journal of Management in Medicine, vol. 1 no. 4
Type: Research Article
ISSN: 0268-9235

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Book part
Publication date: 12 January 2021

Roger Friedland and Diane-Laure Arjaliès

This paper explores the role of institutional objects in the constitution of institutional logics. Institutional objects depend for their objectivity on the goods produced…

Abstract

This paper explores the role of institutional objects in the constitution of institutional logics. Institutional objects depend for their objectivity on the goods produced through those objects, such as economic models, passports, or sacred texts. The authors theorize institutional logics as grammars of valuation that institutionalize goods through institutional objects. The authors identify four value moments through which goods are objectified: institution, the instituting of a good, a belief and an imagination of its objective goodness; production, how the good is produced, what practices are productive of the good; evaluation, how good is the good, the practices and objects through which worth in terms of that good is determined, and territorialization, the domain of reference of the good, to what objects and practices a good can and does refer in its instantiations. The authors assess the adequacy of our model through an institutional object based on the good of “market value” – i.e., an options pricing model. The authors discuss the implications of these findings for institutional logical theory and the sociology of valuation.

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On Practice and Institution: New Empirical Directions
Type: Book
ISBN: 978-1-80043-416-5

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