Does it pay to be socially responsible? Evidence from spanish retail banking sector

This paper presents a theoretical and empirical analysis of strategic competition in retail banking when some of the financial firms are non-profit organisations that invest in social activities. Banking literature about competition is fairly large, but the strategic interaction between profit maximizing and non profit maximizers has not been extensively analysed except for Purroy and Salas (1999). In this paper, a completely different approach is taken. An adaptation of Hotelling’s two stage model of spatial competition is developed to take into account consumer perceptions respect to the two different types of financial institutions. The empirical analysis confirms that consumers take into account other features different from the price, such as social contribution or closer service to make a deposit or mortgage decision. These conclusions are of interest in the debate about a firm’s social or ethical activities. It is shown that if consumers value social activities, firms can improv

Compositional data analysis: where we are and where should we be heading?

We take stock of the present position of compositional data analysis, of what has been achieved in the last 20 years, and then make suggestions as to what may be sensible avenues of future research. We take an uncompromisingly applied mathematical view, that the challenge of solving practical problems should motivate our theoretical research; and that any new theory should be thoroughly investigated to see if it may provide answers to previously abandoned practical considerations. Indeed a main theme of this lecture will be to demonstrate this applied mathematical approach by a number of challenging examples

When a data set can be considered compositional?

Traditionally, compositional data has been identified with closed data, and the simplex has been considered as the natural sample space of this kind of data. In our opinion, the emphasis on the constrained nature of compositional data has contributed to mask its real nature. More crucial than the constraining property of compositional data is the scale-invariant property of this kind of data. Indeed, when we are considering only few parts of a full composition we are not working with constrained data but our data are still compositional. We believe that it is necessary to give a more precise definition of composition. This is the aim of this oral contribution

To be or not to be. I'm not

Presentació sobre software lliure en la qual es parla de dades, productes, temps, identificadors, sensors i persones