scholarly journals Consumption Motivation of Limited Edition Product in Reselling Open Market

2020 ◽  
Vol 6 (4) ◽  
pp. 133
Author(s):  
Woodong Kim ◽  
Boyoung Kim
Keyword(s):  
Industrial Revolution ◽  
Economic Value ◽  
Social Needs ◽  
Open Market ◽  
Emotional Factors ◽  
Product Consumption ◽  
Epistemic Motivation ◽  
Five Factors ◽  
Limited Edition ◽  
Open Markets

Recently, the phenomenon of purchasing limited edition products has been spreading rapidly in the reselling open market. As various technologies are introduced in the era of the fourth industrial revolution, platform-centered digital distribution has become popular and consumers buy limited edition products as a reflection of their various access behaviors to satisfy their social needs for reselling and not out of mere curiosity or personal preference. Accordingly, this study includes a survey conducted among 564 consumers of limited edition products who were leading the consumer-centered reselling open markets in Korea. Specifically, five factors of limited edition products consumption motivation—functional, emotional, social, epistemic, and economic—are defined, and how these factors affect the continuous consumption attitudes of consumers with such active consumption attitudes as a medium is considered. The analysis result shows that emotional factors are not significant as a motivation factor to limited product consumption while economic factors had a significant effect on the behavior of continued resale product consumption. This result clearly indicates that while consumers sometimes purchased limited edition products merely out of functional, social, and epistemic motivation, acquiring economic value through reselling in the customer to customer open market was also an important consumption motivation.

Exchange Systems in Late Postclassic Mesoamerica: Comparing Open and Restricted Markets at Tlaxcallan, Mexico, and Santa Rita Corozal, Belize

2020 ◽  
Vol 31 (4) ◽  
pp. 780-799
Author(s):  
Marc D. Marino ◽  
Lane F. Fargher ◽  
Nathan J. Meissner ◽  
Lucas R. Martindale Johnson ◽  
Richard E. Blanton ◽  
...  
Keyword(s):  
Action Theory ◽  
Ethnically Diverse ◽  
Market Development ◽  
Economic Systems ◽  
Open Market ◽  
Projectile Points ◽  
The Social ◽  
Late Postclassic ◽  
Open Markets ◽  
Social Sectors

In premodern economic systems where the social embedding of exchange provided actors with the ability to control or monopolize trade, including the goods that enter and leave a marketplace, “restricted markets” formed. These markets produced external revenues that could be used to achieve political goals. Conversely, commercialized systems required investment in public goods that incentivize the development of market cooperation and “open markets,” where buyers and sellers from across social sectors and diverse communities could engage in exchange as economic equals within marketplaces. In this article, we compare market development at the Late Postclassic sites of Chetumal, Belize, and Tlaxcallan, Mexico. We identified a restricted market at Chetumal, using the distribution of exotic goods, particularly militarily and ritually charged obsidian projectile points; in contrast, an open market was built at Tlaxcallan. Collective action theory provides a useful framework to understand these differences in market development. We argue that Tlaxcaltecan political architects adopted more collective strategies, in which open markets figured, to encourage cooperation among an ethnically diverse population.

scholarly journals Surveillance capitalism and children’s data: the Internet of toys and things for children

2019 ◽  
Vol 170 (1) ◽  
pp. 27-36 ◽  
Author(s):  
Donell Holloway
Keyword(s):  
Economic Activity ◽  
Industrial Revolution ◽  
Labour Force ◽  
Economic Value ◽  
Data Sources ◽  
The Internet ◽  
Labour Law ◽  
History Of ◽  
Market Relations ◽  
First Time

This article discusses the positioning of children both as objects of economic activity as and subjects of market relations under surveillance capitalism. It looks briefly at the history of children’s engagement with the market economy from their engagement in the labour force during industrial revolution times; their disappearance from direct economic activity during the Romantic Movement; through to their emergence as both data sources and data consumers within a big data economy. It argues that this is the first time since children retreated from the paid labour force in the late 19th and early 20th centuries due to labour law reforms that their activities are of significant economic value, and that the emergence of Internet-connected toys and things for children will significantly amplify children’s position as data sources under surveillance capitalism.

A Benefits Realization Approach to IT Investments

2002 ◽  
pp. 75-100 ◽  
Author(s):  
John Thorp
Keyword(s):  
Information Technology ◽  
Capital Investment ◽  
Industrial Revolution ◽  
Economic Value ◽  
It Investments ◽  
Rural Agriculture ◽  
Business Results ◽  
Benefits Realization ◽  
Marketing Service ◽  
Long Term Impact

Information technology is today transforming all aspects of our lives — how we work, shop, play and learn. It is transforming our economic infrastructure — revolutionizing methods of supply, production, distribution, marketing, service, and management. This represents nothing less than a fundamental redesign of the entire supply chains of most industries and indeed a fundamental restructuring of many industries themselves. The potential long-term impact of information technology represents an economic and social transition as fundamental as the shift from rural agriculture to urban industry 200 years ago, during the first Industrial Revolution. Yet today we have a problem — a big problem! Chief information officers (CIOs) are finding themselves increasingly under fire for the perceived lack of value from ever-growing investments in information technology (IT) — investments that in the U.S. now represent close to 50% of companies’ new capital investment and a significant portion of their operating expense. Our investments in technology are not being consistently translated into business value. The link to business results is not clear. It is hard to demonstrate how investments in IT, or in producing information translate into economic value.

DID THE FED RESPOND TO LIQUIDITY SHORTAGE EPISODES DURING THE GREAT DEPRESSION?

2018 ◽  
Vol 22 (7) ◽  
pp. 1727-1749 ◽  
Author(s):  
Olivier Damette ◽  
Antoine Parent
Keyword(s):  
New York ◽  
Monetary Policy ◽  
Great Depression ◽  
Liquidity Risk ◽  
Conventional Wisdom ◽  
Credit Spreads ◽  
Open Market ◽  
The Great Depression ◽  
Econometric Evidence ◽  
Open Markets

The October 1929 crash led to a complete freeze of New York open markets. Studying the Fed monetary policy conduct in a nonlinear framework, using credit spreads between open market rates and the Fed's instrument rates as a proxy for liquidity risk, we present econometric evidence that the Fed was well aware of such risks as early as 1930, reacted to the financial stress and altered its monetary policy in consequence. Our outcomes revisit conventional wisdom about the presumed passivity of the Fed throughout the 30s.

scholarly journals Genome analysis of Salmonella strains isolated from imported frozen fish in Burkina Faso

2021 ◽  
Author(s):  
ASSETA KAGAMBEGA ◽  
Salifou Belem ◽  
Elizabeth A McMillan ◽  
Lari M. Hiott ◽  
Hazem Ramadan ◽  
...  
Keyword(s):  
Pathogenic Bacteria ◽  
Antibiotic Resistance Genes ◽  
Sequence Type ◽  
Open Market ◽  
Potential Health ◽  
Fish Samples ◽  
Frozen Fish ◽  
Open Markets ◽  
Excellent Source ◽  
Plasmid Replicons

Abstract PurposeFish is an excellent source of protein and vitamins for humans, but improperly handled fish can expose consumers to pathogenic bacteria. This study aimed to isolate and characterize the genomes of Salmonella strains isolated from imported fish sold in the open market in Ouagadougou.MethodsOne hundred and fifty-nine fish were collected from open markets. Antimicrobial susceptibility was determined by broth microdilution. Whole Genome Sequencing was done to further study antibiotic resistance genes, plasmid replicons, and MSLT types. Serotyping was done using SeqSero 2.ResultOut of the 159 fish samples analyzed, 28 (17.61%) were found to be contaminated with Salmonella. Among the isolated Salmonella strains, 6 different serotypes, Nima, Liverpool, Kokomlemle, Gaminara, Derby, and Tennessee, were found using SeqSero2. S. Tennessee was the predominant serotype. All the isolates possessed at least one resistance gene. The aac6-Iaa and aac6-Iy conferring resistance to aminoglycosides was the most prevalent gene found in the strains. The gene fosA7 was detected in two. All the S. Nima isolates were of Multilocus Sequence Type (MLST) 2258, Gaminara was ST 5197; Liverpool was ST 1959; Derby was ST 3997; Kokomlemle was ST 2696. The serotype Tennessee isolates gave many different STs such as ST 3763; 3997; 3135.ConclusionThe presented results highlight the prevalence of Salmonella on imported fish purchased from the open markets. More attention should be paid regarding fish selling conditions in the country to prevent the potential health risk for consumers.

scholarly journals Los orígenes de la municipalización de servicios. El industrialismo público inglés (Municipal Trading) y la Sociedad Fabiana

2011 ◽  
Author(s):  
Nuria Magaldi
Keyword(s):  
19Th Century ◽  
Industrial Revolution ◽  
Hard Core ◽  
Theoretical Framework ◽  
Social Needs ◽  
Local Authorities ◽  
Siglo Xix ◽  
The 19Th Century ◽  
Bernard Shaw ◽  
Fabian Society

<p align="justify">A lo largo del siglo XIX hizo su aparición en Inglaterra un fenómeno nuevo, conocido como municipalización de servicios o municipal trading, en virtud del cual los municipios ingleses fueron asumiendo progresivamente la prestación de diversos servicios que habían devenido esenciales en las ciudades, como consecuencia de la Revolución Industrial y del intenso movimiento demográfico (campo-ciudad) que aquella había generado. En el marco teórico de este movimiento municipalizador destacó muy especialmente la aportación realizada por un grupo de pensadores e intelectuales aglutinados en torno a las figuras de Sydney y Beatrice Webb y Bernard Shaw (la Sociedad Fabiana) y que habrían de constituir el núcleo originario del laborismo británico.</p><br /> <p align="justify"><b> Municipal trading appeared as a new phenomenon in England during the 19th century. As a consequence, English local authorities had to provide for new social needs that had become essential after the Industrial Revolution and the migrations from the countryside to the cities that followed. A group of intellectuals and thinkers who gathered around the figures of Sydney and Beatrice Webb and Bernard Shaw (the Fabian Society) played a capital role in building the theoretical framework of this movement. They became the original hard core of British Labor.</p>

scholarly journals Using blockchain technology to facilitate property transactions

2021 ◽  
Vol 23 (1) ◽  
Author(s):  
Anthea P. Amadi-Echendu
Keyword(s):  
South African ◽  
Industrial Revolution ◽  
Economic Value ◽  
Electronic Records ◽  
Face To Face ◽  
Blockchain Technology ◽  
Reserve Bank ◽  
Property Transfer ◽  
Role Players ◽  
Financial Transactions

Background: As a medium of exchange, money enables the transfer of economic value and forms the basis of financial transactions. The transition from the third to the fourth industrial revolution has brought about technologies such as blockchain and cryptocurrencies that are transforming monetary transactions and methods of payments.Objectives: This article discusses an exploratory qualitative study into the use of the blockchain technology to facilitate the processes and payments related to land and landed property administration.Method: Nineteen semi-structured face-to-face interviews were conducted with role-players who are involved in an authoritative capacity in the current property transfer process.Findings: The findings show that blockchain technologies could significantly improve the processes involved in maintaining the electronic records associated with landed property. Blockchain technology has only been associated with cryptocurrencies before, and the argument advanced is that fiat currency should be able to be used with the same technology. To maintain the integrity of the property register, the deeds office and the South African Reserve Bank (SARB) must remain in control of the processes. Irrevocable payments should be made against registration confirmation, thus replacing the current paper-based processes with electronic records.

scholarly journals The Value of College Education and General Education －Economic Perspectives

2021 ◽  
Vol 15 (4) ◽  
pp. 11-21
Author(s):  
Kang-Shik Choi ◽  
Cheolsung Park
Keyword(s):  
General Education ◽  
Professional Education ◽  
Industrial Revolution ◽  
Economic Value ◽  
College Education ◽  
Rate Of Return ◽  
Demand And Supply ◽  
Education Major ◽  
Fourth Industrial Revolution ◽  
Economic Perspectives

This paper discusses the economic value of college education as well as general education. Major findings are as follows: First, the rate of return to one more year of education in college, in Korea, ranges from 9% to 17%, depending on the demand and supply conditions in the labor market. Second, the returns to education increase when the economic environment is in the dynamic and rapidly changing state rather than it is in the steady state. Finally, “general education” is more important than “professional education” to adapt the rapidly changing environment. The importance of the “general education” will be greater as the fourth industrial revolution brings more uncertainty to the society.

scholarly journals Protecting personal data of social network users in the context of international integration

2021 ◽  
Vol 5 (3) ◽  
pp. first
Author(s):  
Bình Đức Nguyễn
Keyword(s):  
Digital Technology ◽  
Industrial Revolution ◽  
Personal Data ◽  
High Technology ◽  
International Market ◽  
Trade Agreements ◽  
Legal Framework ◽  
International Justice ◽  
Open Market ◽  
Catch Up

In the current digital technology era, especially the strong development of breakthrough technologies in the industrial revolution 4.0, the protection of Personal Data is becoming more and more urgent. It can be said that one of the conditions for Vietnam to enter the international market through trade agreements (typically: CPTPP Agreement, formerly known as TPP, takes effect in Vietnam from January 14). / 2019; EVFTA Agreement takes effect from August 1, 2020) that is transparency and institutionalization. More specifically, the improvement of the legal framework according to international requirements to catch up with international justice as well as progressive regulations in the world. Thereby, the amendment or update of the law, especially in new fields, high technology, and fields of continuous development cannot be ignored. When countries participate in the same open market, a common flow and development, the laws of each member country must be equal, meeting the requirements of commercialization and commercialization. investment, intellectual property, realization of common commitments towards sustainable development in the future.

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