Your conditions: Management Theory
  • Decision on public goods can only be made by a public authority is a corollary of Arrow’s Impossibility Theorem

    Subjects: Management Science >> Management Theory Subjects: Library Science,Information Science >> Utilization of Information Subjects: Other Disciplines >> Synthetic discipline submitted time 2024-05-12

    Abstract: Purpose/Significance Arrow’s Impossibility Theorem (AIT) was stated and proved by Kenneth Joseph Arrow, one of the winners of the Nobel Prize in Economics in 1972. The New Economic and Financial Dictionary defines that the statement that a reasonable strategic decision on public goods can only be made by a competent public authority as a corollary of AIT. This corollary relationship has been widely circulated on the Internet and taught in classrooms, and established as a correct conclusion with AIT. However, this corollary relationship is not rigorous, or even wrong, and would lead the study on public choice, public economics, welfare economics, administrative jurisprudence and other disciplines in our country astray. Therefore, it is necessary to clarify misdirection from the theory, steer relevant disciplines toward the right direction.  Method/Process Literature examination method were employed to review the origin and development of this corollary relationship, clarify the connotation and extension of related concepts in different disciplines, as well as the evolution logic of the relationship between related concepts. Result/Conclusion Relevant literature shows that this statement was first associated with AIT in the article Administrative Compulsion and the Realization of the Public Interest. Later, it was excerpted as a definition of AIT in the New Economic and Financial Dictionary and became a corollary of AIT. If the statement were a corollary of AIT, then, as long as AIT holds, decisions on public goods can only be imposed or dictated by a public authority. But in this evolution process, the connotations of public goods and public authority have changed in different disciplines, and the relation between them has evolved, taking the statement as a corollary of AIT is not very tight. AIT indeed causes public goods decision-making difficulties, but studies in the field of public choice does not conclude that the dilemma of decision-making on supply of public goods, arising from AIT, should be left to the imposition or dictatorship of the public authorities. On the contrary, they are committed to the institutional design of the voting mechanism in order to ensure that the supply of public goods is decided by population.

  • The antecedent mechanisms of successful aging at work

    Subjects: Psychology >> Developmental Psychology Subjects: Management Science >> Management Theory submitted time 2023-07-15

    Abstract: The global workforce is experiencing aging. Successful aging at work has received considerable scholarly attention in recent years due to its significant role in promoting productivity improvement, career development, and the realization of work values among older workers. Through content analysis of 74 relevant papers, the factors that influence successful aging at work can be summarized into four categories: organizational and work environment, adaptive strategies, proactive strategies, and personal characteristics. Accordingly, a comprehensive model of the occurrence mechanism is proposed. In the future, more in-depth research should be conducted in three areas: exploring "structural" factors and the integration of interdisciplinary theories, further investigating antecedents and occurrence mechanisms, and optimizing research methods and designs.
     

  • Virtual community: concept discrimination and characteristics analysis and classification discussion

    Subjects: Management Science >> Management Theory submitted time 2023-04-18

    Abstract: Purpose/Significance Clarifying its origin, development context, and related concepts will be more explicit about this research object and improve the scientific and rigorous of its interrelated research. Methodology/Process Firstly, this article uses the historical research method and conceptual analysis method to sort out the emergence and development of its concept.; Secondly, the comparative research method is used to distinguish its relevant concepts; Finally, based on its previous research and current state of practice, This article conducts a taxonomic study of virtual communities Results/Conclusions The study shows that different Chinese translations of virtual communities correspond to the same research subjects, and online communities, web communities and e-communities are all replacement concepts for virtual communities. Virtual communities consist of six core components and four basic characteristics, and can be classified into four categories according to their main functions: interest communities, social communities, trading communities and knowledge communities, each of which has unique characteristics in terms of member motivation, regulation, culture, information interaction patterns and common value creation patterns.

  • The maximizing bias and behavioral effects of joint consumption: A perspective of group mental accounting

    Subjects: Psychology >> Management Psychology Subjects: Management Science >> Management Theory submitted time 2023-03-28

    Abstract:

    In the light of social development and technology advance, joint consumption—a kind of consumption in which multiple consumers jointly share the cost and the final product—becomes more frequent and engenders new phenomenon. However, extant literature mainly focuses on examining the effects of typical factors in joint consumption (e.g., genders, roles), while neglecting the basic underlying characteristics of joint consumption (e.g., the key difference between joint consumption and individual consumption). To fill this gap, the present project based on mental accounting theory proposes a new construct—group mental account. We illustrate the decision-making process of joint consumption as a collection of multiple people’s group mental accounts based on certain rules. Thus, joint consumption would lead to a maximizing bias according to the mental accounting theory. Based on the rationale of maximizing bias, the present project examines consumers irrational behaviors and corresponding psychological mechanisms and boundaries under two major joint consumption contexts, including group gift giving and joint purchase. The present research contributes literature in joint consumption and mental account theory, as well as providing marketing strategies to promote healthy and sustainable consumption.