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Settling secondhand sales: Pricing symbolic items in an emergent online marketplace environment.
Br J Sociol
November 2024
Department of Sociology, Northwestern University, Evanston, Illinois, USA.
How do sellers on online marketplaces determine agreeable prices? This question is a theoretical concern for sociologists but a professional one for secondhand clothing resellers. Thousands of resellers across the United States purchase items from physical secondhand clothing sources and then resell them for a profit on sites such as Depop, Etsy, and Poshmark. They confront two pricing challenges: secondhand clothing items are aesthetic items of non-standard, uncertain quality, and online marketplaces offer limited explicit institutional support to back pricing claims.
View Article and Find Full Text PDFFirst impressions or good endings? Preferences depend on when you ask.
J Exp Psychol Gen
October 2024
Department of Psychology and Neuroscience, Duke University.
Rewards often unfold over time; we must summarize events in memory to guide future choices. Do first impressions matter most, or is it better to end on a good note? Across nine studies ( = 569), we tested these competing intuitions and found that preferences depend on when rewards occur and when we are asked to evaluate an experience. In our "garage sale" task, participants opened boxes containing sequences of objects with values.
View Article and Find Full Text PDFAssessing the economic value of livestock such as cattle, goats, sheep, pigs, chickens and fish can offer information about their financial performance and economic importance at farm, national and global scale. Such information is needed for decision-making surrounding livestock finance, investment and strategic development. The aim of this study was to provide an overview of the key livestock valuation methods and associated data requirements.
View Article and Find Full Text PDFSenior executive characteristics: Impact on ESG practices and corporate valuation relationship.
PLoS One
July 2024
Economics and Management School, Wuhan University, Wuhan, Hubei, China.
In recent years, sustainable development and green growth and performance of companies in environmental, social, and corporate governance (ESG) has received widespread attention from all sectors of society. Based on panel data of A-share listed companies in China from 2009 to 2022, this study employs a two-way fixed effects model to explore the mechanism of the relationship between ESG practices and corporate value, as well as the moderating effect of executive characteristics within this relationship. The results indicate a robust positive relationship between ESG practices and corporate value.
View Article and Find Full Text PDFBackground: Industry-level figures suggest that up to two-thirds of Thoroughbred breeding operations in the UK are unprofitable and that around half of sales transactions of Thoroughbred yearlings, commercial breeders' predominant income source, return a loss. The industry strategy currently endorses investment in stallion covering fee; however, to date, a comprehensive evaluation of sales price determinants in the UK setting is lacking and could better inform economic decision making to improve profitability.
Methods: Sales catalogue and Weatherbys' stud book data from all Thoroughbred yearlings sold at the 2020 Tattersalls October yearling sale in the UK were used to build a hedonic sales price model.
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