scholarly journals Dynamics of Policy Adoption with State Dependence

2019 ◽  
Author(s):  
David R. Agrawal ◽  
Gregory A. Trandel
2019 ◽  
Vol 79 ◽  
pp. 103471 ◽  
Author(s):  
David R. Agrawal ◽  
Gregory A. Trandel

Author(s):  
Julieta Caunedo ◽  
Riccardo DiCecio ◽  
Ivana Komunjer ◽  
Michael Owyang

2018 ◽  
Vol 32 (2) ◽  
pp. 103-119
Author(s):  
Colleen M. Boland ◽  
Chris E. Hogan ◽  
Marilyn F. Johnson

SYNOPSIS Mandatory existence disclosure rules require an organization to disclose a policy's existence, but not its content. We examine policy adoption frequencies in the year immediately after the IRS required mandatory existence disclosure by nonprofits of various governance policies. We also examine adoption frequencies in the year of the subsequent change from mandatory existence disclosure to a disclose-and-explain regime that required supplemental disclosures about the content and implementation of conflict of interest policies. Our results suggest that in areas where there is unclear regulatory authority, mandatory existence disclosure is an effective and low cost regulatory device for encouraging the adoption of policies desired by regulators, provided those policies are cost-effective for regulated firms to implement. In addition, we find that disclose-and-explain regulatory regimes provide stronger incentives for policy adoption than do mandatory existence disclosure regimes and also discourage “check the box” behavior. Future research should examine the impact of mandatory existence disclosure rules in the year that the regulation is implemented. Data Availability: Data are available from sources cited in the text.


1994 ◽  
Vol 26 (02) ◽  
pp. 436-455 ◽  
Author(s):  
W. Henderson ◽  
B. S. Northcote ◽  
P. G. Taylor

It has recently been shown that networks of queues with state-dependent movement of negative customers, and with state-independent triggering of customer movement have product-form equilibrium distributions. Triggers and negative customers are entities which, when arriving to a queue, force a single customer to be routed through the network or leave the network respectively. They are ‘signals' which affect/control network behaviour. The provision of state-dependent intensities introduces queues other than single-server queues into the network. This paper considers networks with state-dependent intensities in which signals can be either a trigger or a batch of negative customers (the batch size being determined by an arbitrary probability distribution). It is shown that such networks still have a product-form equilibrium distribution. Natural methods for state space truncation and for the inclusion of multiple customer types in the network can be viewed as special cases of this state dependence. A further generalisation allows for the possibility of signals building up at nodes.


2019 ◽  
Vol 67 ◽  
pp. 64-72 ◽  
Author(s):  
Hester S. van de Kuilen ◽  
Hulya Kosar Altinyelken ◽  
Joke M. Voogt ◽  
Wenceslas Nzabalirwa

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