Intertemporal choice under timing risk: An experimental approach

This paper investigates how individuals evaluate delayed outcomes with risky realization times. Under the discounted expected utility (DEU) model, such evaluations depend only on intertemporal preferences. We obtain several testable hypotheses using the DEU model as a benchmark and test these hypotheses in three experiments. In general, our results show that the DEU model is a poor predictor of intertemporal choice behavior under timing risk. We found that individuals are averse to timing risk and that they evaluate timing lotteries in a rank-dependent fashion. The main driver of timing risk aversion is nothing but probabilistic risk aversion that stems from the nonlinear treatment of probabilities.     

Revenue Management vs. Newsvendor Decisions: Does Behavioral Response Mirror Normative Equivalence?

We study and compare decision‐making behavior under the newsvendor and the two‐class revenue management models, in an experimental setting. We observe that, under both problems, decision makers deviate significantly from normative benchmarks. Furthermore, revenue management decisions are consistently higher compared to the newsvendor order quantities. In the face of increasing demand variability, revenue managers increase allocations; this behavior is consistent with normative patterns when the ratio of the selling prices of the two customer segments is less than 1/2, but is its exact opposite when this ratio is greater than 1/2. Newsvendors' behavior with respect to changing demand variability, on the other hand, is consistent with normative trends. We also observe that losses due to leftovers weigh more in newsvendor decisions compared to the revenue management model; we argue that overage cost is more salient in the newsvendor problem because it is perceived as a direct loss, and propose this as the driver of the differences in behavior observed under the two problems.     

The value of a name: Estimating the economic impact of public land designation

Public land designations have been shown to have significant impact on their contextual regional economies. This paper reviews the existing literature on how public lands impact the proximate regional economies in which they are situated. Based on this collected wisdom the paper synthesizes past lessons into a comprehensive impact methodology. This methodology distinguishes quality effects in terms of visitors’ willingness to pay for sites of higher quality and quantity effects in terms of additional visitation to such sites to give a more comprehensive methodology for characterizing visitation and economic impact of protected area designation. We focus on National Monuments and National Parks, given that these two types of public lands have the broadest popular exposure and feature the most reliable data. A case study is then presented for a hypothetical protected area in Ferry County, Washington, USA, applying this new methodology to assess the likely economic effects of different types of protected areas.     

A Qualitative Study of Middle Eastern/Arab American Sexual Minority Identity Development

The development of one's sexual minority identity is often stunted by a heterosexist society. For individuals with multiple minority oppressions, this process becomes even more complicated. As such, there has been a call among researchers for more empirical research on the experiences of lesbian, gay, bisexual (LGB) individuals from racial/ethnic minority groups. This study uses qualitative methods to fill gaps in the literature related to identity development among same-gender attracted Middle Eastern/Arab individuals living in the United States. From 12 interviews, 13 themes associated with intersectionality, race/ethnicity, sexual identity development, discrimination, stigma, oppression, and invisibility. Themes, subthemes, and their implications are discussed.     

Unravelling Learning within Multinational Corporations*

This article explores the impact of institutional variation on the extent to which subsidiary firms learn from multinational corporations. Learning is conceptualized here as consisting of two aspects: knowledge flow and reinforcement of or change in routines to incorporate the behaviourist assumptions of learning into the international business field. The research is based on in‐depth case studies that systematically compare the ways in which parent company knowledge diffuses to Polish, Turkish, Italian and German subsidiary firms in the chemical industry. The findings show that even though firms face the same global pressure to integrate and pursue the same international strategy, their learning outcomes are not the same. There is heterogeneous learning as a result of differences in the institutional context of home countries. Where institutional structures are not favourable to learning, the proactive or reactive orientation of actors to identifying future needs and modifying existing schemata – which highlight the importance of human agency – is significant in explaining learning.     

“It Is Not a Big Deal,I Can Do It,Too”: Influence of Parental Divorce on Professional Women's Marital Experience in Turkey

This article reports on a study of how parental divorce affects the marriage and divorce experiences of professional women in Turkey. Drawing on the retrospective accounts of eight professional women in relation to their own divorce and those of their parents, this study highlights the role of parental divorce and cultural context in adult children's attitudes, beliefs, and experiences regarding their own union formation. Based on this small qualitative sample, results demonstrate that parental divorce affected women's entire lives, with considerable impact on their commitment to marriage and view of divorce in general. They learn from their parents that marriages can be broken when they do not function properly. As a result, instead of being more patient or self- sacrificing, as is frequently advised to women in Turkish society, the women in this study readily tended toward divorce as a viable solution to marital problems.     

Enriching Absorptive Capacity through Social Interaction

Absorptive capacity is frequently highlighted as a key determinant of knowledge transfer within multinational enterprises. But how individual behaviour translates into absorptive capacity at the subsidiary level, and how this is contingent on subsidiaries' social context, remains under‐addressed. This not only limits our understanding of the relationship between individual‐ and organizational‐level absorptive capacity, but also hampers further research on potentially relevant managerial and organizational antecedents, and limits the implications we can draw for practitioners who seek to increase their organization's capacity to put new knowledge to use. To address this shortcoming we conduct an in‐depth comparative case study of a headquarters‐initiated knowledge transfer at two subsidiaries of the same multinational enterprise. The findings demonstrate that social interaction is a prerequisite for subsidiary absorptive capacity as it enables employees to participate in the transformation of new knowledge to the local context and the development of local applications. The findings also illustrate how organizational conditions at the subsidiary level can impact subsidiary absorptive capacity by enabling or constraining local interaction patterns. These insights contribute to the absorptive capacity literature by demonstrating the scale and scope of social interaction as a key link between individual‐ and organizational‐level absorptive capacity.     

The Turkish alevis

The Alevi comprise a specific ethnic group in Turkey of especial interest. In presenting a case study of an Alevi community in Ankara that arose out of internal urban migration, the present paper delineates the way in which the Alevis have moved away from constituting a counterculture during the period of the Ottoman period to comprising a working class subculture of great organizational and political potential in contemporary Turkey. The paper also describes the ethnic markedness of the Alevi community and the problems that arise out of this markedness.     

Quality of College Life (QCL) of Students: Further Validation of a Measure of Well-being

This paper reports a study designed to further validate a measure of quality of college life (QCL) of university students (Sirgy, Grzeskowiak, Rahtz, Soc Indic Res 80(2), 343–360, 2007). Two studies were conducted: a replication study and an extension study. The replication study involved surveys of 10 different college campuses in different countries. The results of the replication study provided additional nomological (predictive) validation support of the measure based on a theoretical model mapping out the antecedents and consequences of satisfaction with college life. With respect to the extension study, the focus was to further test the nomological validity of the QCL measure by arguing and empirically demonstrating that the consequence of QCL is life satisfaction. The extension study involved a survey of three college campuses in different countries. The results were also supportive of the nomological validity of the QCL measure.