Does information matter? A research note on information technologies and political protest

The lack of attention paid to information technologies in predicting variations of political protest in cross-national studies is surprising. Given the amount of research that has been done on the impact of communication on behavior and the spread of information technologies across the globe, there is reason to believe that information technologies do play a part in the political process at the “street” level. This note takes a look at the independent role of information technologies, both mass information technologies and personal information technologies, on political protests, in addition to variables purported to measure individual and national well-being. Political protests in this study consists of demonstrations, strikes, and riots which took place in 86 countries between 1970 and 1977. Each type of collective behavior is treated separately in OLS regression.     

A touch of luck and a “real taste of Vegas”: a sensory ethnography of the Montreal Casino

ABSTRACT

In recent years, there has been an explosion of “experiential design” in casinos, driven in part by research suggesting that curating gambling sensescapes can lure patrons to spend more time – and money – inside the casino. Building on the promise of existing casino ethnographies, this paper argues that a sensory ethnographic approach to the study of gambling environments can offer valuable insight into the experiential design and mood management of the casino. We use sensory ethnography to explore the ambiance of the Montreal Casino, particularly during the casino’s “Vegas Nights” promotion. How does the casino feel (and how does it touch back)? What rhythms flow through its neon labyrinth? What does “getting a real taste of Vegas,” well … taste like? Moreover, we position this ambiance at the center of the casino’s “push-and-pull” approach to problem gambling – where this government-affiliated sensory extravaganza must toe a tenuous line between attraction and responsibilisation. In addition, we examine how the ambiance of the casino is co-produced by patrons and employees. Ultimately, we argue that the casino floor is unlike a sensory research laboratory – for here, sensations mix and mingle, and it takes a sensory ethnographer to quite literally “make sense” of the casino ambiance and its impact on visitor experience.     

Are groups ‘less behavioral’? The case of anchoring

Economic small group research points to groups as more rational decision-makers in numerous economic situations. However, no attempts have been made to investigate whether groups are affected similarly by behavioral biases that are pervasive for individuals. If groups were also able to more effectively avoid these biases, the relevance of biases in actual economic contexts dominated by group decision-making might be questioned. We consider the case of anchoring as a prime example of a well-established, robust bias. Individual and group biasedness in three economically relevant domains are compared: factual knowledge, probability estimates and price valuations. In contrast to previous anchoring studies, we find groups to successfully reduce, albeit not eliminate, anchoring in the factual knowledge domain. For the other two domains, groups and individuals are equally biased by external anchors. Group cooperation thus reduces biases for predominantly intellective tasks only, while no such reduction is achieved when judgmental aspects are involved.     

Does the amount of school choice matter for student engagement?

School choice may increase student engagement by enabling students to attend schools that more closely match their needs and preferences. But this effect on engagement may depend on the characteristics of the choices available. Therefore, we consider how the amount of educational choice of different types in a local educational marketplace affects student engagement using a large, national population of 8th grade students. We find that more choice of regular public schools in the elementary and middle school years is associated with a lower likelihood that students will be severely disengaged in eighth grade, and more choices of public schools of choice has a similar effect but only in urban areas. In contrast, more private sector choice does not have such a general beneficial effect.     

Are More Alternatives Better for Decision-Makers? A Note on the Role of Decision Cost

While the traditional economic wisdom believes that an individual will become better off by being given a larger opportunity set to choose from, in this paper we question this belief and build a formal theoretical model that introduces decision costs into the rational decision process. We show, under some reasonable conditions, that a larger feasible set may actually lower an individual’s level of satisfaction. This provides a solid economic underpinning for the Simon prediction.     

Are Scandinavian Countries Different? A Comparison of Relative Incomes for Older People in OECD Nations

Recent research has cast some doubt on the consistency of models that isolate Scandinavian countries as different to other nations in terms of egalitarian welfare states. For example, it has been argued that if occupational welfare polices have their contribution to national welfare better accounted for in comparative models, or if there is a focus on specific aspects of welfare coverage, then Scandinavian welfare states look less different to other European countries. Using case‐based methods that try to balance the demand for generalizations and the qualitative integrity of the case, this research examines the specific case of income protection for the older population post‐retirement, to see if Scandinavian countries emerge as consistently different when compared with other OECD nations. Scandinavia can be clearly identified in a separate cluster, but it is not alone and other countries also share its similarities. In particular, Scandinavia emerges in a cluster that provides more income replacement and protection for women. In part, this is reinforced by the high rate of labour participation by women in Scandinavian countries. However, there is little evidence of Scandinavian countries retaining noticeable differences and divergence in income protection policies for men.     

Does trust matter for R&;D cooperation? A game theoretic examination

The game theoretical approach to R&D cooperation does not investigate the role of trust in the initiation and success of R&D cooperation: it either assumes that firms are non-opportunists or that the R&D cooperation is supported by an incentive mechanism that eliminates opportunism. In contrast, the present paper focuses on these issues by introducing incomplete information and two types of firms: opportunist and non-opportunist. Defining trust as the belief of each firm that its potential collaborator will respect the contract, it identifies the trust conditions under which firms initiate R&D alliances and contribute to their success. The higher the spillovers, the higher the level of trust required to initiate R&D cooperation for non-opportunists, while the inverse holds for opportunists.JEL Classification code: C720 Non-cooperative games; L130 Market structure, firm strategy and performance; D320 Management of technology, innovation and R&D.     

Are there differences in standard of care for the elderly? A comparative study of assistance decisions in Stockholm

According to Swedish law, an elderly dependent person is entitled to public services in the form of home help in ordinary housing or a place in special housing — i.e. sheltered housing, a residential home or a nursing home. There are no explicit rules for how much home help a person is entitled to given dependency and other factors, nor are there any explicit criteria to guide the admission to special housing. A study was performed in ten districts in Stockholm in order to determine whether there were systematic differences between the districts with regard to the allotment of care and services to the elderly. It was found that there were in fact significant differences that could not be explained by variations in dependency or other factors of importance for the allotment decision. A minor part of these differences was connected to the different background and experience of the assessing person.     

Does culture matter for the economic performance of countries? An overview of the literature

From the point of view of economic development, the world is far from being homogeneous. Among the possible causes of such uneven evolution, culture is starting to attract the attention of a growing number of scholars. The present paper surveys some of the most important contributions on culture and economics, with a particular focus on the definition and measurement of culture and on the impact of different cultural traits on economic variables. According to this review of the literature, cultures emphasising individual effort while providing equal opportunities for everyone are more likely to encourage sustained economic growth.     

Extraditing Kim Dotcom: a case for reforming New Zealand's intelligence community?

Recent disclosures of information concerning the internal workings of New Zealand intelligence agencies offer fertile ground for scholarship reassessing New Zealand's security arrangements. Building upon only a few of these disclosures, this article argues that when the Government Communications Security Bureau decided to assist the New Zealand police with its extradition of Kim Dotcom to the United States it stimulated a flurry of media interest which not only signalled the widespread confusion among the intelligence community over the meaning of national security but also revealed systemic deformities within the intelligence community itself. The article concludes that this confusion over national security and those systemic deformities constitute a prima facie case for reforming New Zealand's intelligence community, though the prospects for an immediate transformation remain dim.     

A matter of distance? Retailer acceptance of the US dollar in the Canadian plains

The continued economic integration of North America has connected cross-border shoppers along the US-Canadian border. This paper explores the use of the US dollar in Canadian retail establishments along a geographical spine in Saskatchewan and Alberta, Canada. We find that distance away from the border is inversely related to the rate of US dollar acceptance in Saskatchewan. More important to the acceptance decision, however, is business maturity and provincial location in Saskatchewan.     

Whom should we believe? Aggregation of heterogeneous beliefs

We examine the collective risk attitude of a group with heterogeneous beliefs. We prove that the wealth-dependent probability distribution used by the representative agent is biased in favor of the beliefs of the more risk tolerant consumers. Moreover, increasing disagreement on the state probability raises the state probability of the representative agent. It implies that when most disagreements are concentrated in the tails of the distribution, the perceived collective risk is magnified. This can help to solve the equity premium puzzle. We show that the trade volume and the equity premium are positively correlated.

The impact of place? A reassessment of the importance of the South in affecting beliefs about racial inequality

Research shows that individuals living in the southern part of the United States express more negative racial attitudes than those living outside the South. Using data from The American National Election Study (NES), the purpose of this paper is to assess whether key factors often associated with the Southern attitude distinction are indeed more potent in the South than elsewhere. Drawing data from the 1980s, 1990s, and 2000s, we further assess whether the impact of the South has increased or decreased over time. Results indicate that the impact of the South is negligible at best. Findings do show that place does matter for conservatives. However, in this case, non-South location matters more than the South. Relative to their liberal counterparts, conservatives in the non-South espouse more individualistic beliefs than do their Southern counterparts. These findings are discussed within the dominant theoretical framework in this area.     

A new tool for urban governance or just rhetoric? The case of participatory budgeting in Taipei City

Increasing interest in participatory budgeting has been observed in local governments around the world. This paper stresses direct citizen participation in the budgeting process leads to good governance, deepens democracy and improves social justice, while also highlighting some challenges in its efficiency and effectiveness. Unlike participatory budgeting, the Sub-borough Chiefs Forum is a community-based representative democratic mechanism; it could be regarded as a form of participatory budgeting in a broad sense. If so, then did the Taipei programme simply duplicate the goals of the Forum or lead to a better governance by making up for the inadequacies of the Chiefs Forum? To find out whether the Taipei participatory budgeting programme made a difference, we carried out qualitative and quantitative comparisons of projects passed under the participatory budgeting process and at the Forum. We also interviewed several participatory budgeting participants and sub-borough chiefs. The findings suggested that participatory budgeting and the Forum generated different proposals and budget requests, and the Taipei programme supplemented the shortcomings of the Forum and therefore led to deeper civic engagement and better urban governance.     

Good value for public money? The case of R&D policy

This paper evaluates the role of public R&D support on Italian manufacturing SMEs’ innovation activities, focusing on innovation output rather than innovation input. Combining information from EPO records and the Capitalia survey, the new data set enables a counterfactual assessment of R&D policy from 2001 to 2003 (2009 is the final year of the post-treatment period). We find that publicly supported firms have higher R&D expenditure regardless of their characteristics, confirming a strong additionality effect of public policies on innovation inputs. However, this additional spending does not increase firms’ probability of patenting or the number of patents in comparison with privately financed R&D.     

Ruining popcorn? The welfare effects of information

Journal of Risk and Uncertainty - Some information is beneficial; it makes people’s lives go better. Some information is harmful; it makes people’s lives go worse. Some information has...     

When does multitasking facilitate information processing? Effects of Internet-based multitasking on information seeking and information gain

This study examined whether Internet-based multitasking facilitates information gain by allowing users to seek additional information online. Study 1, using survey data, suggested that TV-Internet multitasking increased information gain, whereas TV-print media multitasking reduced it. In addition, online information seeking mediated the effect of TV-Internet multitasking on information gain. Study 2, using experimental data, confirmed the differential effects of TV-Internet multitasking and TV-print multitasking on information gain. The theoretical and practical implications of these findings are further discussed.     

Are VAT reforms an effective tool for promoting culture? A quasi-experiment in Spain

Sponsoring culture is a long-term profit-generating investment that public policy makers can achieve by means of Pigouvian subsidy or tax schemes. This paper evaluates the effectiveness of the three VAT reforms implemented between 2012 and 2018 (one tax raise reform and two tax cut reforms) in the cultural sector in Spain. We first provide visual evidence and empirical estimates of the tax shifting and the distribution of the VAT burden between consumers and producers. We then use a regression discontinuity design to assess the causal effects of these VAT reforms on performing acts and cinema consumption (both in the extensive and the intensive margin). Several interesting findings arise from our results. First, we find that producers only passed through 45% of the VAT cut to consumer prices. Second, the effect of the 2017 VAT reduction on performing arts slightly increased the number of households consuming these cultural services, whereas the 2018 tax cut on cinema had no significant effect in the number of moviegoers (extensive margin). Third, the cultural spending per household conditional on participation (intensive margin) increased after the two VAT rate reductions. Finally, we test for asymmetries in pass-through with respect to the 2012 tax raise and we find (i) no evidence of prices responding more strongly to increases than to decreases in VAT, (ii) a symmetric response of the number of households consuming these cultural services, and (iii) an asymmetric response of the average cultural spending conditional on participation.     

Should trade barriers be phased-out slowly? A case study of North America

A dynamic computable general is developed to analyze the effects of different phase-in rates of the Canada–US and North American Free Trade Agreements on their member countries, as well as the impact on the rest of their trading partners. The model is based on intertemporal optimization behavior of households and firms with fully specified countries/regions in which all prices and quantities are endogenously determined. I show that the size and the distribution of the welfare gains from these trade agreements are quite sensitive to the speed of trade liberalization. In particular, I find as a general rule that smaller member countries are better off under a more rapid phase-out of trade barriers, while larger member countries/regions are better off under a slower phase-out.