Testing reference dependence, loss aversion and diminishing sensitivity in Spanish tourism

Based on Tversky and Kahneman’s Prospect Theory, we test the existence of reference dependence, loss aversion and diminishing sensitivity in Spanish tourism. To do this, we incorporate the reference-dependent model into a Multinomial Logit Model with Random Parameters -which controls for heterogeneity- and apply it to a sample of vacation choices made by Spaniards. We find that the difference between reference price and actual price is considered to make decisions, confirming that reference dependence exists; that people react more strongly to price increases than to price decreases relative to their reference price, which represents evidence in favor of the loss aversion phenomenon; and that there is diminishing sensitivity for losses only, showing convexity for these negative values.

The impact of marketing practices and its regulation policies on childhood obesity. Opinions of stakeholders in Spain

The aim of this study was to identify Spanish stakeholders’ views on the relationship between childhood obesity and the marketing and advertising of food and beverages aimed at children in Spain, as well as on the corresponding of regulations. We performed a qualitative study based on semi-structured interviews with Stakeholders/Key Informants (KI) from 13 organisations: experts (2), consumer advocates (1), public health advocates (2), food manufacturers (2), advertising advocates (1), government representatives (1), child/family/school advocates (2) and media (1). The variables studied were Prevalence of childhood obesity and its relationship to marketing/advertising and Regulation of marketing. In order to identify the most relevant arguments (pearls) in the discourses, a blind independent analysis by four members of the research team was performed. We found that the prevalence of childhood obesity was perceived to be higher than the European average. Self-regulation was identified as the main form of marketing control. Only food manufacturers and advertising agencies considered voluntary action and supervisory procedures to be effective. The other stakeholders advocated state control through legislation and non-state actions such as external assessment and sanctions. Despite the divergence of opinion between stakeholders, there was agreement on the need to improve supervision and to ensure compliance with current self-regulatory codes in Spain.

External Practices Net. Evaluación y tutorización continua como garantía de calidad en las prácticas externas

La presente comunicación muestra una experiencia de innovación docente desarrollada actualmente en el seno de la Facultad de Ciencias Económicas y Empresariales de la Universidad de Alicante. El establecimiento de un novedoso sistema de evaluación de las prácticas externas curriculares en empresas e instituciones, garantiza la calidad docente/discente y persigue la satisfacción de las distintas partes implicadas, haciéndolas partícipes del proceso y consultándoles de forma periódica y metódica acerca del mismo. Mediante el diseño y administración de diversos instrumentos de investigación, principalmente entrevistas estandarizadas cerradas validadas externamente, se consigue un sistema de mejora continua y de garantía de calidad en los periodos formativos de prácticas externas. El objetivo último es fomentar las competencias y destrezas profesionales de estudiantes de las titulaciones de Administración y Dirección de Empresas (ADE), Economía, Publicidad y Relaciones Públicas, Sociología y Trabajo Social y así, completar su formación académica facilitando su inserción en el mercado laboral.

Building bridges… and properties aplenty: cultural problems in Spanish real estate marketing for prospective British buyers

N.B. reproduced with permission of Peter Lang Verlag. For citation, please, use the original reference, that is Campos Pardillos, M.A. and Balteiro Fernández, I. 2009. “Building bridges… and properties aplenty: cultural problems in Spanish real estate marketing for prospective British buyers”. In: Guillén-Nieto, V., C. Marimón-Llorca and C. Vargas-Sierra. Eds. Intercultural Business Communication and Simulation and Gaming Methodology. Bern: Peter Lang. Pp. 155-174.