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21 – 30 of over 1000We compare allocation rules in uniform price divisible-good auctions. Theoretically, a “standard allocation rule (STANDARD)” and a “uniform allocation rule (UNIFORM)” admit…
Abstract
Purpose
We compare allocation rules in uniform price divisible-good auctions. Theoretically, a “standard allocation rule (STANDARD)” and a “uniform allocation rule (UNIFORM)” admit different types of low-price equilibria, which are eliminated by a “hybrid allocation rule (HYBRID).” We use a controlled laboratory experiment to compare the empirical performances of these allocation rules.
Design/methodology/approach
We conduct three-bidder uniform price divisible-good auctions varying the different allocation rules (standard, uniform, or hybrid) and whether or not explicit communication between bidders is allowed. For the case where explicit communication is allowed we also study six-bidder auctions.
Findings
We find that prices are similar across allocation rules. Under all three allocation rules, prices are competitive when bidders cannot explicitly communicate. With explicit communication, prices are collusive, and we observe collusive prices even when collusive agreements are broken. Collusive agreements are particularly fragile when the gain from a unilateral deviation is larger, and an implication of this is that collusive agreements are more robust under STANDARD.
Research limitations/implications
We do not find conclusive evidence of differences in performance among allocation rules. However, there is suggestive evidence that STANDARD may be more vulnerable to collusion.
Originality/value
Divisible-good uniform price auctions are used in financial markets, but it is not possible to use naturally occurring data to test how alternatives to the standard format would perform. Using laboratory methods we provide an initial test of alternative allocation rules.
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Ya-hui Wang, Cai Zhang, Yong-qiang Su, Li-yang Shang and Tao Zhang
As a key part of the algae removal equipment in the middle route of South-to-North Water Diversion Project, the static analysis and dynamic analysis are carried out for the…
Abstract
Purpose
As a key part of the algae removal equipment in the middle route of South-to-North Water Diversion Project, the static analysis and dynamic analysis are carried out for the structural characteristics of the frame. The paper aims to discuss this issue.
Design/methodology/approach
First, the model is constructed for analysis. Second, finite element analysis are carried out. And finally, test designed is used for the construction.
Findings
The optimization scheme that minimizes the quality under the condition of satisfying the allowable stress is found, and the quality is reduced by 6.88 percent.
Originality/value
The paper is based on the occurrence of seasonal algae in the main channel of the Middle Route of the South-to-North Water Diversion Project, an automatic algae-removing equipment was designed.
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Cynthia C. Ryans, Raghini S. Suresh and Wei‐Ping Zhang
Liaison programmes have been in existence in academic libraries fora number of years. A liaison programme is a co‐operative agreementbetween the library and academic units to…
Abstract
Liaison programmes have been in existence in academic libraries for a number of years. A liaison programme is a co‐operative agreement between the library and academic units to foster better communication, improve services and enhance collection development. In order for it to be operated effectively such a programme needs to be assessed on an ongoing basis. Reports the findings of an assessment survey which was conducted in the spring of 1992 at Kent State University Libraries and Media Services, Kent, Ohio. The assessment of this programme offers some guidelines for assessing similar programmes at other institutions.
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Raghini S. Suresh, Cynthia C. Ryans and Wei‐Ping Zhang
The primary function of an academic library is to serve as aninformation resource centre for the entire academic community. In orderto provide better service to academic patrons…
Abstract
The primary function of an academic library is to serve as an information resource centre for the entire academic community. In order to provide better service to academic patrons, liaison programmes have been established in some colleges and universities. Very little has been written on liaison activities or the role of subject specialists in academic libraries. Focusses on how to implement a successful liaison programme in order to facilitate library collection building and improve communication with the academic units. Defines the concept of liaison librarians and library representatives in academic units, and provides suggestions for setting up such a programme.
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William Chongyang Zhou and Sunny Li Sun
Extant literature has indicated that government support is one of the main drivers of international expansion of Chinese multinational enterprises. However, research on the…
Abstract
Purpose
Extant literature has indicated that government support is one of the main drivers of international expansion of Chinese multinational enterprises. However, research on the influence of governors on firm internationalization is still limited. Drawing upon the institution-based view, we theorize a novel concept of institutional enablement to illustrate the influence of a governor's pro-market ideology on Chinese firms' internationalization.
Design/methodology/approach
We analyze the relationship between a governor's pro-market ideology (consisting of a pro-market political ideology, an overseas educational background and a business background) and firm internationalization with a sample of Chinese public companies during 2014–2017.
Findings
We find a direct and positive effect of a governor's pro-market ideology on firm internationalization. We also find an indirect and positive effect of a governor's pro-market ideology through regional, inward foreign direct investment.
Originality/value
To the best of our knowledge, this paper is the first to investigate an underexplored question of the impact of governors on firm internationalization and to develop a novel concept of institutional enablement, based on discursive institutionalism.
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Esther Ngan‐ling Chow and S. Michael Zhao
Facing a high birth rate, a falling mortality rate, and inconsistent policies on family planning from the 1950s to the early 1970s, the People's Republic of China (PRC) launched…
Abstract
Facing a high birth rate, a falling mortality rate, and inconsistent policies on family planning from the 1950s to the early 1970s, the People's Republic of China (PRC) launched its widely known one‐child policy in 1979. The intention was to restrict population growth by reducing fertility through family planning and thereby to conserve the nation's resources to advance economic development. The effectiveness of the one‐child policy has varied greatly because policy regulations are differentially carried out by officials of provinces, municipalities, counties, communes, and minority regions. Generally speaking, the state policy has had greater acceptance in urban areas but is far less rigidly enforced by local officials in rural areas and for certain national minorities, which can have a second child under certain circumstances (Chow and Chen, 1994).
Yunjuan Liu and Dongsheng Chen
Since it has been regarded as an effective method to evaluate clothing pressure comfort with physiological and psychological techniques the purpose of this paper is to examine the…
Abstract
Purpose
Since it has been regarded as an effective method to evaluate clothing pressure comfort with physiological and psychological techniques the purpose of this paper is to examine the effect on people s inhibition ability caused by the oppression from clothing on the body through event-related potentials (ERPs). A trial application of ERPs technology was made to evaluate clothing pressure comfort and investigate the relationship between some physical indexes of brain wave and clothing pressure. This research would also reveal the influence of clothing pressure on the thinking ability and mental activity of young women.
Design/methodology/approach
Stroop color-naming task was utilized to test the inhibition ability of participants. In the present research, some components of ERPs (e.g. N1, P2, N2 and N450) and behavioral indexes (RTs, and errors rates) were detected to verify the change of physiology and psychology caused by the pressure imposed by girdle on the body.
Findings
At behavioral level RTs were slower for the group under pressure rather than pressure-free group with no significant difference in errors rate between the two groups. Based on the early component statistics of ERPs the Stroop effects of both groups were similar. Besides there was no prominent difference in the latencies and amplitudes of N1, P2 and N2 components except the N450 components. The inhibition ability of young women who had worn girdle for 8 hours decreased causing them unable to make a timely response and thus affecting their attentiveness and executive ability.
Originality/value
This study would clarify that it is feasible to evaluate clothing pressure comfort with ERPs as a physiological technique, and enrich relative methods.
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Xenia J. Mamakou, Panagiotis Zaharias and Maria Milesi
The purpose of this study is to explore the interplay between electronic service quality, user experience (UX) and overall customer satisfaction. Additionally, it aims to assess…
Abstract
Purpose
The purpose of this study is to explore the interplay between electronic service quality, user experience (UX) and overall customer satisfaction. Additionally, it aims to assess the suitability of E-S-QUAL and UX metrics within the cultural context of Greece.
Design/methodology/approach
Data were collected from 310 Internet users based on their last online purchase from an e-retail website. To evaluate the conceptual model, the authors used partial least squares structural equation modeling (PLS-SEM).
Findings
The findings of this study validate the scales' reliability and validity in the realm of electronic commerce (e-commerce) in Greece. The findings also emphasize the favorable association between e-service quality and UX with overall satisfaction, while indicating that e-service quality plays a partial mediating role in the relationship between UX and customer satisfaction.
Originality/value
The authors' study enhances the existing theory by introducing a new multi-dimensional conceptual framework that illuminates the relative importance of the dimensions within the scales. Additionally, it offers valuable insights into the impacts of e-service quality and UX on overall satisfaction, providing managers and practitioners with a tool to evaluate the quality of their electronic services and make necessary adjustments to meet the needs of their customers.
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