Perceived risk and trust associated with purchasing at electronic marketplaces

Understanding consumer behaviour is of vital importance to consumer-oriented e-business models today. In this paper, we study the relationships between consumer perceptions of risk and trust and the attitude towards purchasing at a consumer-to-consumer electronic marketplace (EM). Typical for EM settings is that consumer behaviour is subject to perceptions of the selling party as well as of the institutional structures of the intermediary that is operating the EM. Building upon the well-established literature of trust, we consider the concepts of intermediary trust and seller trust. We extend this categorisation by introducing the concepts of intermediary risk and seller risk. We developed measurement instruments for intermediary risk and seller risk. All measurement scales have acceptable alphas and are unidimensional. An empirical study is conducted to explore the relationships between the risk and trust types and consumer purchase attitude. The results reveal significant, direct effects of seller trust and seller risk. Second-order effects of intermediary trust and intermediary risk are investigated and reported. The paper concludes with general observations and recommendations for research and practice.     

Culture and region revisited

People in different regions of the world live under different cultural and religious orders and derive various practical ethics from them. Some of these moral and religious principles are clearly more favorable for economic development than others. Yet such ethnological differences are regrettably absent from our prevailing theories of regional economic development. In this paper, culture is defined as a system of relatively slow processes of change — known as cultural arenas. A complex interface exists between these slower processes and the relatively faster ones (known as games). In attempting to assess the development prospects of any region, a key point to grasp is that this cultural interface may be self-organizing. Its future trajectory will therefore be uncertain. To the extent that the proposed system of slow processes may be construed as a region's cultural base, they may control the nature and achievable pace of that region's development.An earlier version of this paper was presented at a Conference onThe Economics of the Cities of Art, held in Venice from 13–15 May 1991.     

Homophobia and psychoanalysis: A reply to Roughton.

Replies to R. E. Roughton's (see record 1994-27310-001) response to D. K. Flaks's (see record 1993-23357-001) article on homophobia and the psychologists's role in psychoanalytic training institutes. Flaks commends attempts by the American Psychoanalytic Association to combat homophobia within the organization but notes potential problems that might limit its success. (PsycINFO Database Record (c) 2010 APA, all rights reserved)     

The greenhouse effect; Impact upon and the role to be played by construction

The authors highlight several possible ways in which the construction industry could lower present emissions of the greenhouse gas, carbon dioxide. It is an excellent discussion document and is recommended reading.     

Systemised serendipity for producing computer art

Serendipity applied to Newton's method, and its derivative the Secant Method, produces unusual and beautiful fractal patterns. Serendipity may be systemised, for example, by the introduction of a perturbation parameter P1, [1] to facilitate searches for interesting pattern variations.