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In general, I thought that the Boal and Willis “Note on the Armstrong/Mitroff Debate” 1 provided an interesting and fair discussion. 2 The summary of the consequences of the subjective versus objective approaches (Table 1 in their paper) was helpful. It clearly outlined the dilemma faced by...
Persistent link: https://www.econbiz.de/10005556516
An acceleration in the growth of communications bandwidth in use and a rapid reduction in bandwidth prices have not accompanied the U.S. economy’s strong performance in the second half of the 1990s. Overall U.S. bandwidth in use has grown robustly throughout the 1990s, but growth has not...
Persistent link: https://www.econbiz.de/10005126336
In the deliberations of scholars, policy analysts, and policy makers, television has exceptional power and influence …. Yet the historical record shows that television has not changed the economics of attention for large populations in the … aspirations, building national brands, and establishing significant brand equity. The advent of radio and television did not …
Persistent link: https://www.econbiz.de/10005134492
) Act 1992, Radio Licence Fees Act 1964 and the Television Licence Fees Act 1964. The Commission was to advise on practical …
Persistent link: https://www.econbiz.de/10005135116
Brownlie and Saren (this issue) claim that “few innovative papers appear in the top marketing journals.” They attribute this problem to incentive structures. They ask what steps might be taken by the various stakeholders to encourage the development and transmission of useful innovative...
Persistent link: https://www.econbiz.de/10005556542
Two 'event' scales for financial markets, called 'scale of market shocks' (SMS), are introduced, which measure the importance of the market movements. These indices are based on the price volatility and are computed by integrating mapped asset volatilities over time horizons that range from 1...
Persistent link: https://www.econbiz.de/10005076995
Differences in asset measurement techniques can have a major impact on reported capital costs. Their influence on total … that different methods of asset measurement could lead to quite large variations in reported capital costs. Considered in … the context of total unit costs, however, the differences created by these asset measurement effects were relatively small …
Persistent link: https://www.econbiz.de/10005125897
We measure the United States capital stock of money implied by the Divisia monetary aggregate service flow, in a manner consistent with the present-value model of economic capital stock. We permit non-martingale expectations and time varying discount rates. Based on Barnett’s (1991) definition...
Persistent link: https://www.econbiz.de/10005412591
In the same time period over which the former socialist countries of Eastern Europe and Central Asia became freer, measured inequality of income for those countries increased. Researchers linked the increase to the egalitarian values of socialism and to the process of economic and political...
Persistent link: https://www.econbiz.de/10005118811
This presentation discusses an interpretation and analysis of social capital that is strongly integrated into a framework of social relations. We argue that social capital is organized in four fundamental types of social relations: market, bureaucratic, associative, and communal. Each type of...
Persistent link: https://www.econbiz.de/10005118864