Search results for "Unintended consequences"
showing 7 items of 7 documents
Charitable food aid in Finland: from a social issue to an environmental solution
2019
Since the establishment of the first food bank in 1995, charitable food aid (CFA) has become entrenched in Finland as a seemingly irreplaceable solution to food poverty. Further, it has recently been suggested that the focus of food aid activities is shifting from food poverty and temporary hunger alleviation towards environmental sustainability through addressing food waste via organized re-distribution of expiring food from retail to charitable organizations. This potentially creates a mechanism that (1) solidifies food poverty and (2) fortifies the paradoxical situation where charitable organizations delivering food aid are dependent on food waste rather than trying to reduce it. To unde…
The Financial Crisis: An Introduction
2020
This section discusses the origins of the Eurozone crisis in European Monetary Union before discussing various dimensions of how the Eurozone coped, its impact on integration, and the crisis’ implications for the future of the EU. While the authors all show that the EU’s response to the financial crisis reflected the scenario ‘muddling through,’ they have different perspectives on the future of integration post crisis. Rosen and Olsen point out that the austerity policies implemented after crisis resulted in collective protest movements across Europe. Tranoy and Stenstad highlight the failure of financial sector reforms to reset the social role of finance in a more equitable way. Caporaso a…
Capital Regulation with Heterogeneous Banks
2013
We provide a general equilibrium analysis of potential consequences from the introduction of a binding leverage ratio, as proposed in Basel III. If banks differ in their monitoring skills and their ability to successfully complete a risky investment project, a tighter leverage ratio does not only mitigate moral hazard arising from limited liability, but also carries an unintended consequence: Banks are not allowed to absorb the entire supply of debt if they cannot raise new equity, which induces agents with a lower monitoring skill to open a bank. This decreases the average ability of operating banks. We further show that rising heterogeneity in the banking sector increases this negative ef…
Advancing the treatment of human agency in the analysis of regional economic development: Illustrated with three Norwegian cases
2021
Human agency has become a core topic in economic geography complementing traditional, structural approaches to explain regional development. This paper contributes firstly with a discussion of the theoretical and conceptual relationships between the agency of individuals, organizations, and systems. Secondly, it proposes a novel analytical framework for studying how human agency, combined with external changes affects regional economic development, and how regional structural preconditions and external changes explain the activation of change agency. Thirdly, the relevance of the framework is examined through comparative studies of about 20 years of industrial development in three Norwegian…
Employee shirking and overworking: modelling the unintended consequences of work organisation
2020
Underworking (i.e. shirking) and overworking of employees can have detrimental effects for the individual and the organisation. We develop a computational model to investigate how work structure, specifically the way in which managers distribute work tasks amongst employees, impacts work intensity and working time. The model draws on theories from economics, psychology and management, and on empirical observations. The simulations show that when managers correctly estimate task difficulty, but undervalue the employee’s competence, opportunities for shirking are provided due to longer deadlines. Similarly, if managers overvalue the employee’s competence, they set tighter deadlines leading to…
The ICT Implication on CSR in the Tourism of Emerging Markets
2012
Abstract Tourism has a significant environmental, social and human impact. No other sector provides jobs and ensures wealth across poor countries in the same way as tourism. In the context of sustainable responsible tourism, the concept of Corporate Social Responsibility CSR has gained increased importance: CSR is a company's understanding of the role it plays in society, the environment in which it operates, the values it upholds and its awareness of the intended and unintended consequences of its actions. ICT can create many environmental benefits and there have been several optimistic assessments of the overall relationship between e-business and sustainable development. ICT-based servic…
Interbasin Water Transfers in Spain: Interregional Conflicts and Governance Responses
2014
Semiarid and drought-prone Spain has managed to meet ever-increasing water demands for more than 50 years through the construction of publicly funded hydraulic infrastructure. Interbasin water transfers are the most expensive and complex supply-side tool used. They are also the most controversial, often associated with such unintended consequences as deteriorating freshwater ecosystems, disappearing recreational opportunities provided by aquatic ecosystems, and the loss of development opportunities for downstream communities. This situation has become increasingly unstable over the past decade due to the scarcity of new supply augmentation alternatives, political changes involving European …