In 1, the authors regret that due to the typing error and mathematical errors in the proof, three equations need to be corrected. Despite these errors, the main contributions of this article as well ...as the conclusions are correct.
Over the past three decades, economic sociology has been revealing how culture shapes economic life even while economic facts affect social relationships. This work has transformed the field into a ...flourishing and increasingly influential discipline. No one has played a greater role in this development than Viviana Zelizer, one of the world's leading sociologists.Economic Livessynthesizes and extends her most important work to date, demonstrating the full breadth and range of her field-defining contributions in a single volume for the first time.
Economic Livesshows how shared cultural understandings and interpersonal relations shape everyday economic activities. Far from being simple responses to narrow individual incentives and preferences, economic actions emerge, persist, and are transformed by our relations to others. Distilling three decades of research, the book offers a distinctive vision of economic activity that brings out the hidden meanings and social actions behind the supposedly impersonal worlds of production, consumption, and asset transfer.Economic Livesranges broadly from life insurance marketing, corporate ethics, household budgets, and migrant remittances to caring labor, workplace romance, baby markets, and payments for sex. These examples demonstrate an alternative approach to explaining how we manage economic activity--as well as a different way of understanding why conventional economic theory has proved incapable of predicting or responding to recent economic crises.
Providing an important perspective on the recent past and possible futures of a growing field,Economic Livespromises to be widely read and discussed.
L'Autrice, muovendo dall'esame di un'annotazione allegata al volume di Carlo Longo sul negozio fiduciario, relativa alla soppressione di una trattazione sulla fiducia in Gaio, redatta dal giovane ...Mario Amelotti, prova deli'interesse per gli studi romanistici del giovane studente, approfondisce la questione sulla mancata corrispondenza fra il manoscritto Veronese e il frammento pergamenaceo delle Institutiones di Gaio PSI XI 1182. A partire da un'osservazione acuta di Longo sulla mancanza di una trattazione organica sulla fiducia in Gaio, antecedente alla scoperta ad Antinoupolis del frammento gaiano PSIXI 1182, che ha completate un punto della societas, Mario Amelotti, ancora studente universitario, s'interroga se quella mancanza, al pari di ció che avvenne per la società, sia dovuta alla scelta di un amanuense di tralasciarne la trattazione per via del disuso in cui caddero quei negozi giuridici. Le 'precoci' considerazioni dell'Amelotti sul negozio fiduciario, rimaste relegate in un 'foglietto' di carta e mai più approfondite, mostrano l'acume dello studioso che, settant'anni prima dalle spiegazioni offerte dalla dottrina contemporanea, aveva efficacemente intuito, sulla base della società, la soppressione, per mancanza di utilita pratica, di una trattazione sulla fiducia nei manoscritto Veronese. The Author moves from the examination of an annotation attached to Carlo Longo's volume on the fiduciary transaction, relating to the suppression of a discussion on trust in Gaius, written by the young Mario Amelotti, proof of the young man's interest in Roman studies student, delves into the question of the mismatch between the Veronese manuscript and the parchment fragment of the Institutiones of Gaius PSI XI 1182. Starting from an acute observation by Longo on the lack of an organic discussion on trust in Gaius, prior to the discovery in Antinoupolis of the Gaian fragment PSIXI 1182, which completed a point of societas, Mario Amelotti, still a university student, questions whether that lack, like what happened to the company, is due to the choice of an amanuensis to leave out the discussion due to the disuse into which those legal transactions fell. Amelotti's 'early' considerations on the fiduciary transaction, which remained relegated to a 'leaflet' of paper and never explored further, show the acumen of the scholar who, seventy years before the explanations offered by contemporary doctrine, had effectively intuited, on the basis of society, the suppression, due to lack of practical usefulness, of a discussion on trust in the Veronese manuscript.
In the all-digital era, various human activities are increasingly facilitated by increasingly sophisticated media. Various activities in the context of muamalah cannot be avoided by today's ...technological sophistication. This reality drives all activities in human life along with the times. Among the muamalah practices exemplified by Rasulullah SAW is the salam contract, a transaction which is not directly handed over but by Tempo. Regarding the example of muamalah activity with the salam contract model, it is actualized in value terms in the online buying and selling dropship model. Matters regarding the transaction process that the Prophet once exemplified in several of his hadiths were actualized in online dropship buying and selling transactions.
Research Summary: Using arguments derived from transactions cost economics and incomplete contract theory, this article shows that the assumption that shareholders are a firm's only residual ...claimants is logically inconsistent with resource‐based theory's model of profit generation. It follows from this conclusion that resource‐based theory's model of profit appropriation must incorporate a stakeholder perspective. Some theoretical and empirical implications of this conclusion for resource‐based theory's model of profit generation, profit appropriation, the role of managers and entrepreneurs in resource‐based theory, and how conflicting interests among stakeholders can be resolved are all discussed. Finally, some continuing differences between stakeholder theory and incorporating a stakeholder perspective into resource‐based theory's model of profit appropriation are also discussed.
Managerial Summary: Some argue that since shareholders are the only stakeholder who have a claim on a firm's profits, managers should focus only on maximizing shareholder wealth. Not only will this satisfy shareholders, it will also satisfy a firm's other stakeholders, since—in principle—these other stakeholders get paid before shareholders. This article shows that this logic is deeply flawed. In particular, it shows that if the only stakeholder who has a claim on a firm's economic profits is shareholders, then—in most competitive settings—a firm will not be able to attract the kinds of resources it needs to generate these profits. To attract the kinds of resources that can generate profits, managers must recognize that stakeholders, besides shareholders, have claims on the profits that their resources help generate. This, in turn, suggests that managers seeking to generate economic profits must adopt a stakeholder perspective in how they manage their firm. This article explores the managerial implications of this conclusion.
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Using a sample of Chinese firms from 2005 to 2018, we show that firms with female directors (either executive or independent) are characterized by fewer related party transactions (RPTs), ...particularly in state‐owned enterprises. Fewer RPTs are associated with improved subsequent operating performance and, in contrast, RPTs are associated with decreased performance for firms with no or fewer female directors, suggesting that female directors engage or allow only efficient but not opportunistic RPTs to facilitate the long‐term strategic objectives of their firms. Our findings are robust for using an alternative measure of RPTs, female board directorships and methods to mitigate potential endogeneity issues.
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Many people find it morally impermissible to put kidneys, jury duty exemptions, or permits for having children on the free market. All of these are examples of repugnant transactions—market ...transactions that third parties want to prevent. In two studies (N = 1,554), using respondents' judgments of 51 different market transactions across 21 characteristics, we show that repugnance can be decomposed into five higher-order dimensions: moral outrage, need for regulation, incommensurability, exploitation, and unknown risk. Repugnance toward the 51 market transactions was highly consistent across two samples. Our results can help identify mismatches between public sentiments and current regulations (selling carbon emissions is currently legal but considered repugnant), anticipate responses to novel markets that have not been publicly scrutinized (often arising from technological advances, such as markets for “designer babies”), and help design less repugnant markets (e.g., by making the risks involved in a transaction known to sellers).
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GEOZS, IJS, IMTLJ, KILJ, KISLJ, NLZOH, NUK, OILJ, PNG, SAZU, SBCE, SBJE, UILJ, UL, UM, UPCLJ, UPUK, ZAGLJ, ZRSKP
Fraudulent credit card transactions must be when customers are charged for items that they did not purchase. Such problems can be tackled with Data Science and its importance, along with Machine ...Learning, cannot be overstated. This project intends to illustrate the modelling of a data set using machine learning with Identifying Fraud in Online Transactions. The Identifying Fraud in Online Transactions problem includes modelling past credit card transactions with the data of the ones that turned out to be a fraud. This model is then used to recognize whether a new transaction is fraudulent or not. Our objective here is to detect 99.99% of the fraudulent transactions while minimizing the incorrect fraud classifications. Identifying Fraud in Online Transactions is a typical sample of classification. In this process, we have focused on analyzing and pre-processing data sets by using a Random Forest Algorithm.
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