scholarly journals Extended Model on Structural Stability and Robustness to Bounded Rationality

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-6
Author(s):  
Yi Liao ◽  
Lujiang Miao ◽  
Lei Wang ◽  
Fei Xu ◽  
Chi Zhang

In this article, we focus on an extended model M ¯ of bounded rationality. Based on a rationality function with lower semicontinuity, we analyze the relationship between structural stability and robustness of Ω ¯ . To further demonstrate the applicability of our theory, we introduce a model Ω ¯ 0 containing an abstract rationality function and generalize abstract fuzzy economies. We demonstrate the structural stability of the extended model Ω ¯ 0 at ξ ¯ , ɛ . That is to say, Ω ¯ 0 is robust to the ξ ¯ , ɛ -equilibria.

Author(s):  
Jarkko Siltakoski

AbstractWe study the relationship of viscosity and weak solutions to the equation $$\begin{aligned} \smash {\partial _{t}u-\varDelta _{p}u=f(Du)}, \end{aligned}$$ ∂ t u - Δ p u = f ( D u ) , where $$p>1$$ p > 1 and $$f\in C({\mathbb {R}}^{N})$$ f ∈ C ( R N ) satisfies suitable assumptions. Our main result is that bounded viscosity supersolutions coincide with bounded lower semicontinuous weak supersolutions. Moreover, we prove the lower semicontinuity of weak supersolutions when $$p\ge 2$$ p ≥ 2 .


1982 ◽  
Vol 14 (2) ◽  
pp. 43-49
Author(s):  
Stephen E. Miller

The literature of industrial organization is replete with analyses of the relationship between seller concentration and market performance. Most researchers have hypothesized a continuous linear relationship between profitability and concentration and have estimated that relationship accordingly.


2021 ◽  
Vol 9 ◽  
Author(s):  
Chunpei Lin ◽  
Xiumei Lai ◽  
Chuanpeng Yu

This study explores consumers’ motivations to switch to new products in the context of disruptive innovation and investigates the role of comparative economic value and green trust. Switching from an existing product to a disruptive green product not only involves benefits but also requires major sacrifices, which are not encountered in the context of continuous innovation. In this study, the relationships between comparative economic value, green trust, self-accountability, and disruptive green product switching intent are examined. Data were collected from China with self-administered questionnaires regarding the disruptive green product. Results of a structural model reveal positive relationships between comparative economic value, green trust, and disruptive green product switching intent. In addition, green trust mediates the effects of the comparative economic value on the disruptive green product switching intent, and self-accountability moderates the relationship between green trust and disruptive green product switching intent. From a practitioner perspective, the research is important because it illuminates the consumer’s motivations regarding product switching in the hitherto unexplored field of automobiles, for which we have shown that our extended model yields meaningful results.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Patrick Holzmann ◽  
Christian Wankmüller ◽  
Dietfried Globocnik ◽  
Erich J. Schwarz

PurposeMountaineering and related activities are increasingly becoming popular and are accompanied by an increase in medical incidents. Emergency operations in mountainous terrain are time-critical and often pose major logistical challenges for rescuers. Drones are expected to improve the operational performance of mountain rescuers. However, they are not yet widely used in mountain rescue missions. This paper examines the determinants that drive the behavioral intention of mountain rescuers to adopt drones in rescue missions.Design/methodology/approachThis is a behavioral study that builds upon an extended model of the unified theory of acceptance and use of technology (UTAUT) and investigates the relationship between individual attitudes, perceptions, and intentions for drone adoption. Original survey data of 146 mountain rescuers were analyzed using moderated ordinary least squares (OLS) regression analysis.FindingsResults indicate that the behavioral intention to use drones in mountain rescue missions is driven by the expected performance gains and facilitating conditions. Favorable supporting conditions and experience with drones further moderate the relationship between performance expectancy and behavioral intention. The effects for effort expectancy, social influence, and demonstrations were not significant.Practical implicationsRescue organizations and stakeholders are recommended to consider the identified determinants in the implementation of drones in emergency logistics. Drone manufacturers targeting mountain rescue organizations are advised to focus on operational performance, provide sufficient support and training, and promote the gathering of practical experience.Originality/valueA tailored-model that provides first empirical results on the relevance of personal and environmental factors for the acceptance of drones in emergency logistics is presented.


2021 ◽  
Author(s):  
Christopher K. Hsee ◽  
Ying Zeng ◽  
Xilin Li ◽  
Alex Imas

This research studies a resource pool-choice dilemma, in which a group of resource seekers independently choose between a larger pool containing more resources and a smaller pool containing fewer resources, knowing that the resources in each pool will be divided equally among its choosers, so that the more (fewer) people choose a certain pool, the fewer (more) resources each of them will get. This setting corresponds to many real-world situations, ranging from students choosing majors as a function of job opportunities to entrepreneurs choosing markets as a function of customer bases. Ten studies reveal a systematic undershooting bias: fewer people choose the larger pool relative to both the normative equilibrium benchmark and chance (random choice), thus advantaging those who choose the larger pool and disadvantaging those who choose the smaller pool. We present evidence showing that the undershooting bias is driven by bounded rationality in strategic thinking and discuss the relationship between our paradigm and other coordination games. This paper was accepted by Yuval Rottenstreich, decision analysis.


2018 ◽  
Vol 59 (4) ◽  
pp. 390-396 ◽  
Author(s):  
Alex M. Susskind ◽  
K. Michele Kacmar ◽  
Carl P. Borchgrevink

In this article, we replicate and extend the guest–server exchange (GSX) model to include guest return intentions as a mediator between guest satisfaction and unit-level sales. With the extended model, we establish that guest return intentions are strongly connected to financial performance and are a better indicator of unit-level sales when compared with guest satisfaction as previously modeled. Furthermore, our model confirms that guest satisfaction is a statistically significant consequent of service orientation, but is best treated as an antecedent to guest return intentions, rather than unit-level sales as previously modeled. Other results consistent with existing research on the GSX showed that line-level employees’ recognition of service delivery standards being in place is strongly connected to line-level employees’ perceptions of coworker and supervisor support. The former was significantly related to line-level employee guest orientation, which was related to guest orientation. Supervisor support was not found to affect guest orientation in the model, consistent with previous tests of the GSX.


2010 ◽  
Vol 98 (3) ◽  
pp. 463a
Author(s):  
Udayan Mohanty ◽  
Zuojun Guo ◽  
Justin Nohere ◽  
Tomi Sawyer ◽  
Woody Sherman ◽  
...  

2015 ◽  
Vol 2 (3) ◽  
pp. 17-25
Author(s):  
Mehwish Iftikhar ◽  
Muhammad Imran Qureshi

Mobbing is relatively new concept for behavioral scientists, which illustrates in the form of unfriendly behavior of employee at workplace. The objective of the study is to examine the relationship between organizational climate, workplace bullying and workers health in Higher education institutes of Pakistan. In addition, this study investigates how workplace bullying acts as a mediator between organizational climate and workers physical & psychological health. Structural equation modeling and path analysis was conducted using the AMOS software program. The reliability of the questionnaire is measured by Cronbach's coefficient alpha (α). The results from the study show a Cronbach's α score of each dimensional scale: organizational climate has been measured on the basis of 7 factors. Reliability of each factor has been calculated like the first factor leadership has been measure through 4 items. Direct and indirect effects were calculated in order to test the endogenous and exogenous variables. The results derived from seventeen Higher Educational Institutes, which comprises 9 public and 8 private educational institutions of Pakistan that indicates the fitness of the extended model and depicted that workplace bullying mediates the relationship of organizational climate and workers health. Organizational climate causes workplace bullying that affect workers physical and psychological health. The basic cause of bullying at workplace is the organizational climate along with its various elements that can better contribute in making valuable strategies to manage workplace bullying. It is important to emphasize that these findings might be used effectively in order to guide organizational interventions and theoretical developments.


2016 ◽  
Vol 25 (6) ◽  
pp. 527-537 ◽  
Author(s):  
Heikki Karjaluoto ◽  
Juha Munnukka ◽  
Katrine Kiuru

Purpose This study aims to test and extend Carroll and Ahuvia’s (2006) model on the antecedents and outcomes of brand love by examining the moderating effects of experience and price on the relationship between brand love and offline word of mouth (WOM) and between brand love and electronic WOM (eWOM). Design/methodology/approach An online survey was conducted on Facebook, which generated 342 valid responses. The data were analyzed using partial least squares-structural equation modeling. Findings The results mainly support the model by confirming that the self-expressiveness of the brand and trust are positively associated with brand love. No association between hedonic product type and brand love was found. The study’s findings also suggest positive associations between brand love and both types of WOM. Experience and price were found to strengthen the relationship between brand love and offline WOM but not the relationship between brand love and eWOM. Originality/value This study contributes to the literature by introducing and testing an extended model of brand love. It tests two moderating effects on the relationship between brand love and WOM.


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