Search results

1 – 10 of over 1000
Article
Publication date: 22 September 2022

Tai-Guang Gao, Qiang Ye, Min Huang and Qing Wang

This paper mainly focuses on how to induce all members to represent members' true preferences for supply and demand matching of E-commerce platform in order to generate stable…

Abstract

Purpose

This paper mainly focuses on how to induce all members to represent members' true preferences for supply and demand matching of E-commerce platform in order to generate stable matching schemes with more social welfare of Multi-agent Matching Platform (MMP) and individually stable advantages than traditional methods.

Design/methodology/approach

An MMP is designed. Meanwhile, a true preference inducing method, Lower-Bid Ranking (LBR), is proposed to reduce the number of false preferences, which is helpful to solve the problem that too much false preferences leads to low efficiency of platform operation and supply and demand matching. Then, a systematic model of LBR-based Stable Matching (SM-LBR) is proposed.

Findings

To obtain an ideal transaction partner, the adequate preference ordering and modifying according to market environment is needed for everyone, and the platform should give full play to the platforms' information advantages and process historical transaction and cooperation data. Meanwhile, the appropriate supply and demand matching is beneficial to improve the efficiency and quality of platform operation, and the design of matching guidance mechanism is essential.

Originality/value

The numerical experiments show that, the proposed model (SM-LBR) can induce members to represent the model's true preferences for stable matching and generate effective matchings with more social welfare of MMP and individually stable advantages than traditional methods, which may provide necessary method and model reference for the research of stable matching and E-commerce platform operation.

Details

Kybernetes, vol. 52 no. 12
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 1 February 1990

Robert A. Baron, Suzanne P. Fortin, Richard L. Frei, Laurie A. Hauver and Melisa L. Shack

Two studies were conducted to investigate the impact of socially‐induced positive affect on organizational conflict. In Study I, male and female subjects were provoked or not…

Abstract

Two studies were conducted to investigate the impact of socially‐induced positive affect on organizational conflict. In Study I, male and female subjects were provoked or not provoked, and then exposed to one of several treatments designed to induce positive affect among them. Results indicated that several of these procedures (e.g., mild flattery, a small gift, self‐deprecating remarks by an opponent) increased subjects' preference for resolving conflict through collaboration, but reduced their preference for resolving conflict through competition. In addition, self‐deprecating remarks by an opponent (actually an accomplice) increased subjects' willingness to make concessions to this person during negotiations. In Study 2, male and female subjects were exposed to two treatments designed to induce positive affect (humorous remarks, mild flattery). These were presented before, during, or after negotiations with another person (an accomplice). Both treatments reduced subjects' preferences for resolving conflict through avoidance and increased their preferences for resolving conflict through collaboration, but only when delivered during or immediately after negotiations. Together, the results of both studies suggest that simple interventions designed to induce positive affect among the parties to conflicts can yield several beneficial effects.

Details

International Journal of Conflict Management, vol. 1 no. 2
Type: Research Article
ISSN: 1044-4068

Article
Publication date: 17 October 2018

Mahfuzul Alam Taifur

The purpose of this study is to explain the discipline of political economy in terms of the theory of conflict and conflict resolution on social matters. Such a theory arises…

Abstract

Purpose

The purpose of this study is to explain the discipline of political economy in terms of the theory of conflict and conflict resolution on social matters. Such a theory arises substantively from the generalized and unique methodological worldview of unity of knowledge found in the Islamic epistemological case.

Design/methodology/approach

This paper simply uses this epistemic background without dwelling in details of the Islamic methodological worldview of unity of knowledge. Among the central social issues examined in this paper is that of preservation of peace in terms of pressing issues that complement with the concept of well-being.

Findings

The imminent study of political economy of socioeconomic development and United Nations Declaration of Human Rights is explained as a broader concept of peace as organic relational balance between the good and true pursuits of life in terms of common global well-being. Within this purview, analytical examination is made of various theoretical precepts. Within the same goal of peaceful coexistence and global conflict resolution, the official stand of Malaysia in global peace is enunciated.

Originality/value

The paper conveys a critical conceptual idea to debate the scope and approach of political economy of peace, development and law matters. The results of the approach used in this study constitute a major contribution of this paper to scholarship in general and acts as a critique of developmental thought of political economy of peace and law.

Details

International Journal of Ethics and Systems, vol. 35 no. 2
Type: Research Article
ISSN: 0828-8666

Keywords

Article
Publication date: 1 February 2006

Masudul Alam Choudhury

The paper aims to offer a new perspective on the strictly microeconomic nature of all of Islamic economics. Writers in this field continue to work in the mainstream tradition…

6157

Abstract

Purpose

The paper aims to offer a new perspective on the strictly microeconomic nature of all of Islamic economics. Writers in this field continue to work in the mainstream tradition without noticing the micro‐interface of the theoretical nature of Islamic economics. This paper aims to address this issue.

Design/methodology/approach

The paper provides a comparative study of received literature in the history of economic thought and contrasts the ethical foundations of Islamic economics from the mainstream dichotomy between microeconomic and macroeconomic parts.

Findings

There is a cogent microeconomic foundation of Islamic economics for the economy‐wide treatment of ethical economic issues and problems including the policy framework.

Research limitations/implications

This is a theoretical exploration. The empirical part is yet to be expanded upon.

Practical implications

The paper has practical implications for graduate students on policy formulation and economic theorizing, by making them analytically aware on the extensive relevance of microeconomics in the building block of ethical content of economic theory, policy and institutions.

Originality/value

The paper presents original thinking along lines of microeconomic foundations of macroeconomic theory from the social and ethical vantage points of Islamic economics and finance that writers in this field should not ignore. The paper is meant for serious students and academics of economic theory and ethical social policy embedded in the economic treatment.

Details

International Journal of Social Economics, vol. 33 no. 2
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 June 1995

Karl Milford

According to a widely accepted view, the Methodenstreitbetween the historical and Austrian school was the result ofmisunderstandings. Argues that it was rather the outcome of…

Abstract

According to a widely accepted view, the Methodenstreit between the historical and Austrian school was the result of misunderstandings. Argues that it was rather the outcome of different solutions to genuine philosophical and methodological problems, in particular to a demarcation problem. Presents a reconstruction of the position of Roscher. Argues that Roscher sought to solve a demarcation problem and therefore triggered a problem situation which was of fundamental importance for further discussion. Contrasts the views of Roscher and Menger. Argues that Menger′s views constitute a direct response to Roscher′s problem situation.

Details

Journal of Economic Studies, vol. 22 no. 3/4/5
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 1 April 2002

Regina McNally

Organizational purchasing decisions can be thought of as rule‐discovery tasks in which members of the buying center develop proposals regarding the best choice of products and…

3123

Abstract

Organizational purchasing decisions can be thought of as rule‐discovery tasks in which members of the buying center develop proposals regarding the best choice of products and vendors. The uncertainty associated with buying center decisions causes the group to search for generalizations that describe the distinguishing characteristics of successful suppliers. Such generalizations identify the “rules” used to categorize future vendors; discovery of the best rules is key to accurate classification. Acknowledging the process of searching for patterns not only focuses attention on the information members use to derive patterns, but also provides a mechanism for investigating how members influence each other’s assessment of the patterns. Research into rule‐discovery tasks has the potential to enable monitoring of simulated organizational purchasing decision processes in the controlled environment of an experiment. The purpose of this paper is to suggest a set of propositions and a methodology for examining rule discovery task behavior in buying centers.

Details

Journal of Business & Industrial Marketing, vol. 17 no. 2/3
Type: Research Article
ISSN: 0885-8624

Keywords

Article
Publication date: 20 October 2020

Yaron Lahav and Shireen Meer

In this paper, we study the effect of induced positive and negative moods on traders' willingness to trade (pay and accept) in experimental asset markets.

Abstract

Purpose

In this paper, we study the effect of induced positive and negative moods on traders' willingness to trade (pay and accept) in experimental asset markets.

Design/methodology/approach

We conduct experimental asset markets where subjects undergo a mood induction procedure prior to trade. After the subjects are induced with either negative or positive affect, they can trade an experimental asset with a known stream of dividends for a known number of periods.

Findings

We first show that both positive and negative affects are associated with larger positive deviations from fundamental values. We also show that when subjects are induced with positive mood, they bid higher prices but for fewer units of the stock. On the supply side, positive affect is associated with higher prices and quantities, and consequently in higher willingness to offer. Finally, we use our experimental data to test existing theories on mood effect. We find that negative affect is related to momentum trading, while positive affect is associated with information processing.

Originality/value

To our knowledge, this is the first work that studies the effect of mood on traders' behavior, rather than market outcomes.

Details

Review of Behavioral Finance, vol. 14 no. 1
Type: Research Article
ISSN: 1940-5979

Keywords

Article
Publication date: 1 August 2004

Masudul Alam Choudhury and Mohammad Ziaul Hoque

The theme of micro‐foundation of economic theory has not been adequately addressed. This is true even of those who pioneered the area of micro‐foundation of macro‐economics. The…

3465

Abstract

The theme of micro‐foundation of economic theory has not been adequately addressed. This is true even of those who pioneered the area of micro‐foundation of macro‐economics. The great missing link in economic theory, both of micro‐economics and macro‐economics, is the inability to methodologically integrate ethical and moral values through preference mapping. This missing methodology disables the study of institutions, policy formulation and normative statements of structural transformation. On the other hand, such issues are once again haunting the human race in the murky and troubled global relations today – from capitalism to war to governance. This paper addresses the preference mapping and embedding of ethical and moral issues as endogenous dynamics in economic theory. The approach is rigorous and methodological.

Details

International Journal of Social Economics, vol. 31 no. 8
Type: Research Article
ISSN: 0306-8293

Keywords

Abstract

Details

The Natural Economic Science
Type: Book
ISBN: 978-1-78973-220-7

Book part
Publication date: 20 July 2012

Masudul Alam Choudhury

There are the interesting words of Myrdal in respect of the universality and commonness of what a scientific problem means:From then on more definitely I came to see that in…

Abstract

There are the interesting words of Myrdal in respect of the universality and commonness of what a scientific problem means:From then on more definitely I came to see that in reality there are no economic, sociological, psychological problems, but just problems and they are all mixed and composite. In research the only permissible demarcation is between relevant and irrelevant conditions. The problems are regularly also political and have moreover to be seen in historical perspective. (Myrdal, 1979, p. 106)

Details

Research in the History of Economic Thought and Methodology: A Research Annual
Type: Book
ISBN: 978-1-78052-824-3

1 – 10 of over 1000