Suchergebnisse

AbstractThis paper examines a statistical model of choice in which individual decisions have no preferential basis or optimizing behaviour. Individual consumption is chosen at random, while respecting a linear budget set. All the properties of classical demand theory, including symmetry and negative (semi)definiteness of the Slutsky matrix, are shown to be generally satisfied by mean (i.e., market) demands. Despite the fact that individuals are "irrational," mean demands can be rationalized as the outcome of utility‐maximizing behaviour, even when demands are interior. The severity and frequency of revealed preference violations are unable to reject economic rationality in irrational individuals.

Finding employment has been a challenge for young adults in recent years. This is not only due to high unemployment rates, but also because entering working life is more complicated than before. It is no longer just a question of credentials and skills. 'Employability' depends on investments in personal capacities: labour market demands in recruitment exceed the capacity of employees' bodies and minds. This article asks what demands for increasing one's employability young adults (aged 18–30) experience in relation to their education and working life and how they respond to these ideas, especially to the idea of modifying their minds and bodies—habitus—in order to increase their employability. What demands are they complying with or resisting? How and why are they doing so? The article draws on interviews with 40 young Finnish women and men. The data analysis reveals that employability ideals emphasising affective and bodily capacities or dispositions are not shared by everyone. However, modifying one's attitude or demeanour seems to be less threatening for young adults than does changing one's appearance or body. Changes to one's body are associated with rules and codes dictated from above, whereas changing one's mindset is usually conceived of as self-development; thus, it is not seen as contrary to authenticity. Identification with a line of work is an important factor in accepting demands on one's body or demeanour. It should be asked if the importance of authenticity for young adults entering working life should be taken into consideration in governmental youth and employment policies. ; peerReviewed

The lessons of history, suggests Professor David Currie of Queen Mary College, London, are that financial imstitutions prefer state‐guaranteed monies to those supplied by private institutions.

Purpose
– This paper aims to contribute to the ongoing debate about the relevance of sustainability in management education through exploration of the needs and expectations of a key group of business schools' stakeholders – senior executives of leading corporations.


Design/methodology/approach
– The paper presents findings from a survey regarding sustainability within management education returned by executives from a wide span of global companies. The study includes 194 survey responses by senior executives from companies that are signatories of the United Nations Global Compact.


Findings
– Results from a survey of executives from leading multinational enterprises reveal widespread recognition that sustainability issues are increasingly important for effective management, thus that managers must be appropriately trained for these emerging challenges. Survey results also indicate the kinds of skills and qualities seen as valuable by corporate leaders.


Research limitations/implications
– It is not possible to extrapolate from this study the aggregate sentiment of all senior business executives, but the sample of 194 respondents is significant.


Practical implications
– The expressed demand from business leaders provides context for business school faculty and administrators involved in the development of appropriately trained professionals.


Originality/value
– The study provides indication of demand from a significant subset of influential executives, providing support for the on-going progress of the integration of sustainability topics and training in the curricula of business and other fields.

These excerpts of case histories in fact writing are from Mr. Garberson's talk at the AASDJ-AATJ convention in Lexington, Ky., January 11. The author is connected with the Educational Services of the Saturday Evening Post.