• Experience with electricity market test suite: students versus computational agents

      Trinh, Quynh Chi; Saguan, Marcelo; Meeus, Leonardo (2013)
      This paper applies two experimental economics methods (i.e., agent-based modeling and laboratory experiment) to a market test suite that is based on a fictional European wholesale electricity market. Quantitative results of generators' strategic behavior in this market context are separated between generators played by human subjects (i.e., master students) in a laboratory experiment and generators represented by computational agents in an agent-based model. The behavior is measured through offers that students or agents make when participating in the electricity trading auction and the market outcomes under both methods are discussed in order to illustrate the difference between the behavior of human and computational agents. The paper also identifies the improvements that would need to be made to the market test suite to allow for a more conclusive comparison in future experiments.
    • Explicit and Implicit Determinants of Ethical Consumerism

      Vantomme, D.; Geuens, Maggie; De Houwer, J.; De Pelsmacker, Patrick (2006)
    • Exploration and exploitation in Innovation: Reframing the interpretation

      Li, Ying; Vanhaverbeke, Wim; Schoenmakers, Wilfred (2008)
    • Exploratory data analysis on the relation between Business Process Orientation and Organizational Change

      Willems, Jurgen; Van den Bergh, Joachim; Schröder-Pander, Friederike; Deschoolmeester, Dirk (2008)
    • Exploring a theoretical framework to structure policy implications of OI

      De Jong, Jeroen; Kalvet, Tarmo; Vanhaverbeke, Wim (2010)
    • Exploring Green Consumers' Mind-set towards green product design and life cycle assessment: the case of sceptical Brazilian and Portuguese green consumers

      Lemke, Fred; Luzio, J.P.P. (John Wiley & Sons Ltd, 2014)
      Businesses are increasingly interested in exploring the key concepts of industrial ecology (IE), particularly within the context of market‐oriented sustainability. However, few studies have researched how green consumers perceive production as having relevant product design and life cycle assessment (LCA) dimensions. In this article, we explore green consumers’ mind‐set toward such system tools of IE by conducting 18 in‐depth interviews with Brazilian and Portuguese green consumers. We propose a simplified theoretical framework for achieving market‐oriented sustainability based on the multidisciplinary potential between IE and marketing. Our analysis suggests that there are still important gaps between what green consumers demand and what businesses are currently able (or willing) to supply. Our findings support the idea that businesses interested in following IE within the context of market‐oriented sustainability should spend greater effort in understanding the green consumer's production‐related mind‐set. In particular, we propose (1) avoiding consumer skepticism and dissatisfaction with greenwashing and (2) establishing credibility and information transparency. Both seem to act as preconditions to better align the product design and LCA processes with green consumer needs within the emerging paradigm of market‐oriented sustainability.
    • Exploring green consumers' product demands and consumption processes: The Case of Portuguese green consumers

      Luzio, J.P.P.; Lemke, Fred (Emerald, 2013)
      Purpose ‐ There is a research gap in terms of understanding how green consumers perceive green products in a marketplace context. The purpose of this paper is to respond to this omission by exploring the green consumers' product demands and consumption processes. Design/methodology/approach ‐ Semi-structured in-depth interviews with Portuguese green consumers are used to discuss potential key factors (reasons to buy green products, defining green product characteristics, feelings about pricing, perceived product confidence, willingness to compromise, environmental knowledge, consideration of alternatives, product's point of purchase and use and disposal). Findings ‐ The analysis indicates that green consumers represent an artificial segment and provides further empirical support to the definition of sustainability as a market-oriented concept. The paper's findings suggest that mainstreaming green products is a more positive alternative than green segmentation. Research limitations/implications ‐ This research is exploratory in nature and the authors followed established guidelines to ensure objectivity. However, the study's findings are restricted to Portuguese green consumers and a replication in other countries would help to remove any potential country bias. Practical implications ‐ Sustainable businesses are eager to learn who the green consumer is in order to define this market segment. This may not represent the best strategy, however. Targeting green products to a niche market based only on intangible environmental or ethical values may not only be hindering the progress of sustainability as a market-oriented concept but also missing the huge opportunity of gaining competitive advantage in the inevitable future marketplace. Originality/value ‐ Most marketing studies were unsuccessful in segmenting green consumers even "on average", resulting in elusive and contradictory outcomes. Only very few studies are aimed at exploring the green consumer's behavior using qualitative research approaches. This paper explores the product demands of green consumers, as well as their consumption processes in detail.
    • Exploring social preferences in private-collection innovation

      Garriga, H.; Aksüyek, E.; Hacklin, Fredrik; von Krogh, Georg (2012)
    • Exploring the Double-Sided Effect of Information Asymmetry and Uncertainty in Mergers and Acquisitions

      Luypaert, Mathieu; Van Caneghem, Tom (John Wiley & Sons Ltd, 2017)
      We examine the joint effect of bidder and target information asymmetry and uncertainty on the payment consideration and subsequent wealth effects in a large sample of acquisitions with both listed and private targets. In line with a risk-sharing argument, we find that acquisitions of targets characterized by higher uncertainty are more likely to be settled with stock. In contrast, higher target information asymmetry increases the likelihood of a cash payment, consistent with bidders strategically exploiting superior information. Acquirers of more opaque targets obtain a larger fraction of total acquisition gains and avoid sharing these gains with target shareholders by offering cash.
    • Exploring the impact of cognitive style profiles on different learning approaches: Empirical evidence for adopting a person-centered perspective

      Bouckenooghe, Dave; Cools, Eva; De Clercq, Dirk; Vanderheyden, Karlien; Fatima, T. (2016)
      This study aims to clarify whether and how various configurations of three cognitive style dimensions (creating, knowing, and planning) emerge among graduate business students, with differential impacts on their learning approaches. With a person-centered, latent transition analysis of cognitive styles, the authors identify several distinct cognitive style profiles: a moderate cognitive style profile, a dominant creating and knowing style profile, a dominant creating and low planning style profile, and a dominant planning and low creating style profile. The analysis also offers evidence of the trait-like character of these cognitive style profiles, by demonstrating their temporal stability. Furthermore, significant differences arise across profiles in terms of how they relate to different learning approaches (strategic, deep, and surface learning).
    • Extending and ICT4D computer re-use model with e-waste handling activities: a case study

      Cumps, Bjorn (2015)
      This paper illustrates how a computer re-use model can be extended to deal with e-waste challenges. First, we describe the re-use of computers as a factor that can help bridge the global digital divide. In an ICT4D context, refurbished computers can be used in developing countries. We describe and illustrate the operating model of such a computer re-use organization, highlighting the different components and interactions of the operating model. Next, we discuss how e-waste puts this computer re-use model under pressure. We argue that the sustainability of computer re-use in an ICT4D context is seriously impacted by this increasing e-waste problem. Finally, we describe how a computer re-use model can be extended and complemented with e-waste handling activities to retain positive effects in an ICT4D context. The paper is based on a single case study