A framework for examining leadership in extreme contexts

In this review, we develop a framework to guide future research and to examine the execution of leadership in extreme contexts. We start by defining and distinguishing extreme contexts from crisis and other contexts. A five component typology is developed comprised of magnitude of consequences, form of threat, probability of consequences, location in time and physical or psychological–social proximity. We discuss the unique influences these components have on leadership processes in extreme contexts examining the relevance of organization types such as critical action and high reliability organizations. Further, we present a set of factors that may attenuate or intensify the dimensions comprising an extreme context, thus influencing either a team or organization's ability for adaptive leadership response. Ultimately this framework seeks to develop a richer understanding of extreme contexts to advance the future development of contextualized theories of leadership for extreme contexts.     

On the likelihood of dummy players in weighted majority games

When the number of players is small in a weighted majority voting game, it can occur that one of the players has no influence on the result of the vote, in spite of a strictly positive weight. Such a player is called a “dummy” player in game theory. The purpose of this paper is to investigate the conditions that give rise to such a phenomenon and to compute its likelihood. It is shown that the probability of having a dummy player is surprisingly high and some paradoxical results are observed.     

The curse of hope

In K?szegi and Rabin’s (Q J Econ 1133–1165, 2006, Am Econ Rev 97:1047–1073, 2007) reference-dependent model of preferences, the chance of obtaining a better outcome can reduce an agent’s expected utility through an increase in the stochastic reference point. This means that individuals may prefer stochastically dominated lotteries. In this sense, hope, understood as a small probability of a better outcome, can be a curse. While K?szegi and Rabin focus on a linear specification of the utility function, we show that this effect occurs more broadly. Using fairly plausible assumptions and parameter values, we specify the conditions under which it occurs, as well as the type of lotteries in which this should be expected. We then show that while a simple subjective transformation of probability into weights of the reference point may in some cases mitigate the issue, in others, it can intensify it or even generate new ones. Finally, we extend the model by adding the individual’s current reference point (status quo) to the stochastic reference point. We show that this modification can reconcile K?szegi and Rabin’s model with the apparent empirical infrequency of stochastically dominated choices while maintaining its main qualitative results.     

A new process for modeling heartbeat signals during exhaustive run with an adaptive estimator of its fractal parameters

This paper is devoted to a new study of the fractal behavior of heartbeats during a marathon. Such a case is interesting since it allows the examination of heart behavior during a very long exercise in order to reach reliable conclusions on the long-term properties of heartbeats. Three points of this study can be highlighted. First, the whole race heartbeats of each runner are automatically divided into several stages where the signal is nearly stationary and these stages are detected with an adaptive change points detection method. Secondly, a new process called the locally fractional Gaussian noise (LFGN) is proposed to fit such data. Finally, a wavelet-based method using a specific mother wavelet provides an adaptive procedure for estimating low frequency and high frequency fractal parameters as well as the corresponding frequency bandwidths. Such an estimator is theoretically proved to converge in the case of LFGNs, and simulations confirm this consistency. Moreover, an adaptive chi-squared goodness-of-fit test is also built, using this wavelet-based estimator. The application of this method to marathon heartbeat series indicates that the LFGN fits well data at each stage and that the low frequency fractal parameter increases during the race. A detection of a too large low frequency fractal parameter during the race could help prevent the too frequent heart failures occurring during marathons.     

Perceived Value of the Mass‐Customized Product and Mass Customization Experience for Individual Consumers

The operations management literature on mass customization mainly focuses on the questions of whether and how manufacturers can efficiently deliver customization. Researchers have analyzed the trade‐offs between customization and dimensions of operational performance such as delivery times, quality, and costs. However, we argue that providing efficient customization is not sufficient per se to assess the value of mass customization. From this perspective, this paper focuses on complementary mechanisms for creating value: the benefits perceived by individual consumers. Two global components of perceived value within the context of mass customization are identified: mass‐customized product, with three dimensions, and mass customization experience, with two dimensions. The Consumer‐Perceived Value Tool (CPVT) is proposed to empirically measure the five perceived benefits related to the mass‐customized product and to the codesign process from the consumer viewpoint. The psychometric properties of the CPVT are assessed using three samples. The implications of this approach are discussed, along with directions for further research.     

Managing to Reinvent Strong Publicness in a Privatized World

How can a specialized public organization, of which the operational sector has been brutally fragmented and privatized, maintain its unity and publicness? The paper looks at how the British Transport Police (BTP) has adapted to the fragmentation and privatization of British Rail since 1993. The fact that the BTP has remained public and national is all the more surprising since a return to the pre-World War II configuration, with each Train Operating Company (TOC) having and running its own police, could be technically envisaged. The answer to the initial question is quite simple. The police organization under examination has intelligently reinvented its publicness, with the negotiated assent of its referring political and economic authorities.     

How Do Policies Affect the Exit Rate out of Unemployment? Disentangling Job Creation from Labour Market Frictions

This paper assesses the effects of labour market policies on the unemployment outflow rate while disentangling two channels, namely labour market tightness and employer–employee matching efficiency. Using a sample of 11 OECD countries over the period 1985–2007, we treat the endogeneity of market tightness with business cycle shocks and the tax wedge as instruments. We find that the replacement rate of unemployment benefits, Active Labour Market Policies as well as the tax wedge in countries with poorly representative unions, have a significant, robust, and large impact on market tightness. Employment protection has a negative but small impact on matching efficiency. Overall, policy effects appear to be mostly channeled through market tightness and job creation.     

Alzheimer’s disease: psychiatric or neurological disorder?

The aim of this contribution is to provide a few historical and conceptual insights on the question of the impact of current developments in the neurosciences on the concept of psychiatric disease. Alzheimer’s disease is a good example when considering this important question. On the one hand, Alzheimer’s disease has a somewhat ambiguous status in terms of disorders affecting the mind or the psyche. This ambiguous status is illustrated by the fact that one commonly qualifies Alzheimer’s disease as a ‘neuropsychiatric’ disorder, because it cannot easily be classified as either a ‘neurological’ or ‘psychiatric’ disorder. On the other hand, the concept of Alzheimer’s disease was created at the beginning of the twentieth century, as the neurosciences were beginning to take shape themselves as scientific disciplines. To compare Alzheimer’s original ideas with current conceptions may thus help us to precisely specify current developments in the neurosciences.