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Article
Publication date: 8 February 2008

Bruce R. Weber, Alastair Adair and Stanley McGreal

The purpose of this study is to solve five key brownfield valuation problems.

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Abstract

Purpose

The purpose of this study is to solve five key brownfield valuation problems.

Design/methodology/approach

This aim is achieved by using doctoral research on integrating the scientific process into the appraisal process. The first objective is demonstrating why four of the problems require solutions prior to solving the first problem, a valuation procedure for formerly used sites. A second objective is to use empirical data from appraisals to reveal why existing methodology is not reliable – because it does not solve the four problems.

Findings

The resulting findings are that a developmental model that incorporates the Triad approach to quantifying environmental uncertainty, initially used in the USA, simulates a process used by buyers to establish the price paid for brownfields with contaminated land.

Practical implications

The practical implication that results from this research is that valuers need to emulate the buyer's process when valuing this property type. Prescriptive procedures for valuation requiring the use of scientific methods, as used in the Triad process, need to be set forth to quantify the atypical uncertainties in valuing this property type. The results of this research should be of significant interest to all stakeholders that are involved in brownfield redevelopment, so that they can insure that their needs will be met by improved feasibility analysis.

Originality/value

This research is unique in that it is the first empirical test of the reliability of the valuation of brownfields that need to undergo a time‐consuming and often expensive soil remediation process.

Details

Journal of Property Investment & Finance, vol. 26 no. 1
Type: Research Article
ISSN: 1463-578X

Keywords

Article
Publication date: 18 September 2009

James C. Ryan and Syed Awais Tipu

The purpose of this paper is to present findings related to an instrument for the self‐appraisal of scientists' research performance, and highlight the suitability of…

2032

Abstract

Purpose

The purpose of this paper is to present findings related to an instrument for the self‐appraisal of scientists' research performance, and highlight the suitability of self‐appraisal instruments for members of the scientific community.

Design/methodology/approach

An examination of the literature on self‐appraisal and the measurement of scientific research is presented. The initial development of the instrument employed qualitative methods through interview and discussions with PhD‐qualified scientific researchers (n=13). A quantitative investigation of the usefulness of the instrument was then conducted on a sample of biological and chemical research scientists (n=270). Results were compared with an existing performance measure and examined for representative reliability.

Findings

Results suggest that the instrument may be a reliable measure of research performance when used in a non‐critical context.

Research limitations/implications

While the instrument shows promise, further research is needed to examine aspects of inter‐rater reliability. Additional research is also needed to further examine relationships between it and other measures of research performance at the same level of analysis. While the usefulness and validity of this instrument at the “international level” has been examined, further research is needed to examine the relative validity and reliability of the instrument at the “institutional” and “national” levels.

Practical implications

The instrument provides a useful and cost‐effective tool for use in the performance appraisal process of research scientists, and for use in focusing discussion on performance for developmental purposes. It is also useful as a research tool for the timely and cost‐effective measurement of research performance at an institutional, national and international level.

Originality/value

The paper presents an original paper and pencil instrument for the appraisal of scientific research performance at an institutional, national, and international level.

Details

International Journal of Productivity and Performance Management, vol. 58 no. 7
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 5 December 2019

Nkholedzeni Sidney Netshakhuma

This paper aims to assess the appraisal, disposal and transfer of records of the Kruger National Park (KNP) rangers’ diaries processes from 1926 to 1930 with a view to recommend…

1689

Abstract

Purpose

This paper aims to assess the appraisal, disposal and transfer of records of the Kruger National Park (KNP) rangers’ diaries processes from 1926 to 1930 with a view to recommend best practices.

Design/methodology/approach

The paper applied a qualitative methodology through document analysis, interviews and observations as data collection instruments to analyse contents of rangers’ diaries. The population of the study comprised rangers, a records manager and a representative from the National Archives of South Africa (NARSSA), a member of South Africa National Parks’ management and a scientist from South African National Biodiversity Institute.

Findings

The key findings revealed that rangers’ diaries contain historical, scientific and cultural information. However, such information is not disseminated to society. Lack of systematic appraisal, arrangement of records led to a loss of institutional memories. The role of National Archives and Records Service of South Africa is not visible to provide guidelines on the preservation of rangers’ records.

Research limitations/implications

This research is limited to KNP ranger’s diaries created from 1926 to 1930 because it is the period of establishment of the national park and introduction of rangers’ programme.

Practical implications

The findings are expected to be instrumental towards the preservation of rangers’ diaries within the park. Rangers’ diaries are also potentially of great biogeographical value in constituting a historical record of the plants and animals in a given area, their distribution and population changes, and the effects of human interventions such as game fences and artificially created waterholes, game culling and tourism, not to forget climate change.

Social implications

Preservation of ranger diaries may lead to documentation of records with historical, scientific and social value. Rangers’ diaries also form part of the national archival heritage of South Africa, as they bridge the gap of undocumented history of the rangers and national parks in South Africa.

Originality/value

This paper appears to be the first to research the assessment of the appraisal, disposal and transfer of rangers’ diaries created from 1926 to 1930.

Article
Publication date: 1 August 2016

Lena Nordheim, Kjell Sverre Pettersen, Signe Flottorp and Esther Hjälmhult

Critical appraisal skills are necessary to navigate the numerous contradictory and pseudo-scientific claims in the popular media. Health and science education in schools is…

1843

Abstract

Purpose

Critical appraisal skills are necessary to navigate the numerous contradictory and pseudo-scientific claims in the popular media. Health and science education in schools is essential for promoting these skills in students. The purpose of this paper is to explore lower secondary school science teachers’ perceptions and reported practices related to teaching critical appraisal of health claims.

Design/methodology/approach

Interpretive description strategy guided the study process. A purposeful sample of 25 Norwegian teachers was interviewed individually or in groups. Interviews were analysed using the constant comparative method.

Findings

One main theme, “unexploited opportunities for teaching critical appraisal”, and three sub-themes were identified: “inattentive to the relevance of critical appraisal”, “prioritise facts over critical appraisal”, “limited competency in critical appraisal”. Teachers’ descriptions of science sessions devoted to health education uncovered important opportunities for teaching critical appraisal of health claims. However, teachers did not appear to seize opportunities because they seemed inattentive to the relevance of teaching critical appraisal, they reported to prioritise teaching health content knowledge, and teachers themselves revealed limited expertise in assessing health claims critically.

Practical implications

The findings suggest that science teachers need support to take better advantage of the links between health and science education to enhance students’ critical appraisal skills.

Originality/value

This study adds depth to the understanding of issues and challenges faced by science teachers regarding critical appraisal of health claims, which is an important aspect of health education schools.

Details

Health Education, vol. 116 no. 5
Type: Research Article
ISSN: 0965-4283

Keywords

Article
Publication date: 1 June 1987

Larry Dwyer

In recent years, in keeping with the new emphasis on science as a human activity, a process of inquiry, philosophers of science have begun to pay more attention to the criteria…

Abstract

In recent years, in keeping with the new emphasis on science as a human activity, a process of inquiry, philosophers of science have begun to pay more attention to the criteria for choosing between competing hypotheses or theories. There is now a widespread tendency to treat the standard criteria of theory appraisal, such as a theory's accuracy, consistency, scope, simplicity, fruitfulness, elegance, etc., not as rules which dictate choice but as values, maxims, norms which influence scientific decision making (Kuhn, 1977). In opposition to those seeking an algorithm of theory choice it is now recognised that there are, inevitably, certain subjective elements in scientific theory appraisal. The standard criteria, while providing the shared basis for choice, not only are imprecise in their meaning and application but, when deployed together, often conflict with one another as, for example, when one theory is more accurate but less simple than another. Thus two scientists fully committed to the same set of standards may, if they interpret these standards differently, or if they attach different weights to different desiderata, reach different conclusions as to the merits of competing theoretical constructs.

Details

International Journal of Social Economics, vol. 14 no. 6
Type: Research Article
ISSN: 0306-8293

Article
Publication date: 5 April 2013

Lizone Chang and Rian Beise‐Zee

The article seeks to study consumer evaluation of the health benefits of a health‐promoting destination. Health‐promoting destinations often attempt to scientifically prove health…

1836

Abstract

Purpose

The article seeks to study consumer evaluation of the health benefits of a health‐promoting destination. Health‐promoting destinations often attempt to scientifically prove health benefits. It is suggested that health destinations should instead attempt to reflect consumers' preconceived health beliefs, rather than reform them. The aim is to test the applicability of the expectation‐disconfirmation theory to health promoting destinations and to offer recommendations for place marketing of destinations which are positioned as proving health benefits.

Design/methodology/approach

Cognitive dissonance is a central theoretical concept in the model of consumer evaluation of the health benefits of a health‐promoting destination. The authors suggest that low cognitive dissonance between subjective health beliefs and the characteristics of a destination results in positive customer evaluations of the destination. This hypothesis was tested through regression analysis of data collected via a survey of 240 visitors at seven hot spring resorts in Taiwan.

Findings

The study suggests that the subjective beliefs of tourists regarding what is healthful are important criteria for tourists to evaluate the health benefits of a destination.

Research limitations/implications

The expectation‐disconfirmation theory is successfully applied to the tourism sector and health care.

Practical implications

Based on the results, consumer research about what is believed to be beneficial to health is important when designing and promoting a health place.

Originality/value

Destinations have been mostly studied as wellness destinations. However, many destinations promote scientific health benefits. The effect of consumer health perceptions on the attractiveness of health‐promoting destinations has received little attention. While common in tourism, the results are a novel approach to health care destinations.

Article
Publication date: 14 November 2016

Mareike Hornung, Robert Luther and Peter Schuster

Making rational and undistorted corporate investment decisions is critically important to organisations. “Scientific” investment appraisal can play a central role, particularly…

Abstract

Purpose

Making rational and undistorted corporate investment decisions is critically important to organisations. “Scientific” investment appraisal can play a central role, particularly setting the hurdle rate. Empirical research reveals that actual rates generally exceed organisations’ cost of capital – the so-called hurdle rate premium (HRP) puzzle. Allowing for bounded rationality of corporate decision-makers, the purpose of this paper is to mobilise the retrievability cognitive bias as one explanation of this paradox.

Design/methodology/approach

A systematic structuring and investigation of the legacy of eight scenarios, representing “correct” and “incorrect” decisions on “good” and “bad” proposals, is used to explain the inconsistency between normative capital investment theory and actual practice.

Findings

Decision makers’ cognitive processes based on informal perceptions, strengthened by the scope of formal post-audit routines, provide a plausible explanation why investment decision makers tend to systematically set hurdle rates too high.

Research limitations/implications

The findings have still to be explored in more depth by fieldwork and experimental research.

Practical implications

The policy implications of this study are that corporate success could be enhanced by making executives aware of the HRP phenomenon and of its behavioural causes; also by including significant rejected investment proposals in the post-audit programme and communicating the opportunity cost of “false negative” decisions on proposals not adopted.

Originality/value

The paper provides a new explanation for a recognised phenomenon: Allowing for bounded rationality of corporate decision-makers, the paper applies research on a cognitive bias to the setting of the hurdle rate in investment appraisal.

Details

Journal of Applied Accounting Research, vol. 17 no. 4
Type: Research Article
ISSN: 0967-5426

Keywords

Article
Publication date: 1 September 1995

Gordon R. Foxall

Methodological pluralism in consumer research is usually confinedto post‐positivist interpretive approaches. Argues, however, that apositivistic stance, radical behaviourism, can…

6570

Abstract

Methodological pluralism in consumer research is usually confined to post‐positivist interpretive approaches. Argues, however, that a positivistic stance, radical behaviourism, can enrich epistemological debate among researchers with the recognition of radical behaviourism′s ultimate reliance on interpretation as well as science. Although radical behaviourist explanation was initially founded on Machian positivism, its account of complex social behaviours such as purchase and consumption is necessarily interpretive, inviting comparison with the hermeneutical approaches currently emerging in consumer research. Radical behaviourist interpretation attributes meaning to behaviour by identifying its environmental determinants, especially the learning history of the individual in relation to the consequences similar prior behaviour has effected. The nature of such interpretation is demonstrated for purchase and consumption responses by means of a critique of radical behaviourism as applied to complex human activity. In the process, develops and applies a framework for radical behaviourist interpretation of purchase and consumption to four operant equifinality classes of consumer behaviour: accomplishment, pleasure, accumulation and maintenance. Some epistemological implications of this framework, the behavioural perspective model (BPM) of purchase and consumption, are discussed in the context of the relativity and incommensurability of research paradigms. Finally, evaluates the interpretive approach, particularly in terms of its relevance to the nature and understanding of managerial marketing.

Details

European Journal of Marketing, vol. 29 no. 9
Type: Research Article
ISSN: 0309-0566

Keywords

Article
Publication date: 26 September 2008

Arturo Hermann

The purpose of this paper is to outline the system of assessment of economics journals in Italy, with particular attention to its implications for the development of a heterodox

218

Abstract

Purpose

The purpose of this paper is to outline the system of assessment of economics journals in Italy, with particular attention to its implications for the development of a heterodox approach in economics.

Design/methodology/approach

The paper sketches the most important aspects of the Italian system of assessment of economics journals.

Findings

By employing the available sources of information, the main features of Italian periodical literature in social sciences are pin‐pointed. These consist of a large number of journals and, at the same time, there is an absence of ranking procedures for these journals based on impact factor criteria. Journals are mainly assessed through more “qualitative based” criteria: in particular, their scientific orientations, the standing of their Editorial Boards, and their level of diffusion among libraries. One important reason that might explain this trend lies in the blending of different strands of social thought that are at the heart of our cultural tradition. In fact, most such contributions have a distinct humanistic flair, which emphasizes the relevance of feelings, values and collective action in human experience.

Research limitations/implications

The paper stresses that this system of research assessment, while having the merit of preserving some pluralism in social sciences, does not guarantee in many cases a well‐defined evaluation of economics journals, research institutions and individual contributions.

Originality/value

The paper highlights the importance of fostering a pluralistic‐oriented research assessment that should take into account, through a comprehensive and participatory social value process, all the factors relevant for a thorough appraisal of scientific contributions.

Details

On the Horizon, vol. 16 no. 4
Type: Research Article
ISSN: 1074-8121

Keywords

Article
Publication date: 1 December 1997

William McCluskey, William Deddis, Adam Mannis, Dillon McBurney and Richard Borst

Provides an outline of research seeking to apply to computer assisted mass appraisal (CAMA) model capable of use within a geographic information system (GIS). The end product will…

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Abstract

Provides an outline of research seeking to apply to computer assisted mass appraisal (CAMA) model capable of use within a geographic information system (GIS). The end product will be a working GIS/valuation integrated model. The model, in an operational context, can be utilized for property taxation purposes, to facilitate the rating and revaluation of residential properties in Northern Ireland. As the value of land and property is a function of economic, legal, physical and locational factors, consequently access to comprehensive, reliable and up‐to‐date transaction evidence is a prerequisite to property valuation. Valuation techniques depend on the collection and analysis of relevant data. Historically, the application of these techniques took place within a non‐spatial environment. Ultimately, market data support any estimate of value. Data searches and collection can prove both time consuming and expensive in relation to the fee earning potential of a valuation report. GIS can facilitate, in a spatial and aspatial context, the storage, manipulation and analysis of data, in a fraction of the time previously required. Current techniques for the mass appraisal of property, and for the prediction of residential property values, can be enhanced by utilizing the data handling capacity of GIS. Integration of a mass appraisal model within a GIS will add value to the valuation process.

Details

Journal of Property Valuation and Investment, vol. 15 no. 5
Type: Research Article
ISSN: 0960-2712

Keywords

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