33 Wirtschaft
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Purpose – The COVID-19 pandemic has had a significant impact on the food tourism industry, leading to business closures and a drop in demand. In response to this challenge, virtual food tourism experiences such as VR have emerged as an alternative to traditional in-person experiences. Aim of this paper is to model consumer adoption of virtual food tourism by integrating the Diffusion of Innovation Theory and the Self-determination Theory.
Methodology/Design/Approach – The Diffusion of Innovation Theory explains the process of innovation adoption, while the Self-determination Theory focuses on consumer motivation. This article proposes that intrinsic (autonomy, relatedness, and competence) and extrinsic (relative advantage, complexity, compatibility, trialability, and observability) motivating factors influence virtual food tourism adoption.
Findings – The study suggests that extrinsic motivators can act as mediators between intrinsic motivation and adoption intention. Integrating these two theories provides a comprehensive understanding of the motivations and mechanisms driving virtual food tourism adoption. It also paves the way for the exploration of intrinsic and extrinsic motivations and specific mechanisms underlying adoption behaviours.
Originality of the research – Destinations, businesses, and policy makers can better navigate the changing landscape of food tourism and leverage the potential of virtual food tourism to create engaging, accessible, and culturally enriching experiences.
Evolution of stock market efficiency in Europe: Evidence from measuring periods of inefficiency
(2024)
This study introduces novel measures to quantify periods of market inefficiency, enabling precise analysis of their evolution over time and effective comparisons across markets or groups of markets. These measures are applied to an extensive dataset comprising stock indices from 25 European countries from 2007 to 2022. The empirical findings reveal a 20% increase in market inefficiency across Europe, primarily driven by heightened average inefficiencies in the stock markets of the group of developed European countries such as Germany and the Scandinavian countries.
The following collection of manuscripts emerged from an interdisciplinary virtual exchange held during the Winter semester of 2023/2024 at the Environmental Campus Birkenfeld, organized by Prof. Dr. Milena Valeva and Prof. Dr. Kathrin Nitschmann. Additionally, Prof. Dr. Héctor Bombiella Medina, a lecturer of anthropology in the Department of World Languages and Cultures at Iowa State University, contributed to the virtual exchange and supervised case studies 3 and 4, bringing his extensive experience in this field and facilitating the international exchange. Within the elective module on Human Rights, students from the Bachelor's programs "Nonprofit and NGO Management" and "Environmental and Business Law," as well as the Master's program "Energy and Corporate Law," explored the interconnections between human rights and sustainability.
In an era marked by unprecedented environmental challenges and profound social transformations, the intersection of human rights and the rights of nature has emerged as a critical area of inquiry and debate. Today, as we face the dual crises of climate change and biodiversity loss, the traditional boundaries between human and environmental rights are increasingly blurred. This confluence demands a fresh, interdisciplinary approach to understanding and addressing the complex and interrelated issues at hand. Human rights, fundamental to the dignity and freedom of individuals, are deeply impacted by environmental degradation. Communities worldwide are experiencing firsthand the devastating effects of polluted air, contaminated water, and deforested landscapes, all of which undermine basic human rights to health, livelihood, and well-being. Conversely, recognizing the rights of nature — the intrinsic value of ecosystems and species — challenges us to reconsider our legal, ethical, and philosophical frameworks. It calls for a paradigm shift from a view to one that embraces the interconnectedness of all life forms. Engaging in robust discussions and research on these topics is essential in today's context. By exploring interdisciplinary perspectives, we can forge innovative solutions that honor both the rights of individuals and the integrity of nature. This special issue aims to contribute to this vital discourse, providing insights and fostering dialogue on how we can collectively navigate the complex landscape of human rights and environmental sustainability.
The first chapter „Human rights and SDGs in the context of democracy“ examines the significance of international human rights in today's context and links them to new value systems like sustainability. The second chapter, the case study „Rights of Nature“ explores the concept of granting legal rights to nature itself by comparing laws from various countries to show how it combats environmental exploitation. The third chapter, the case study „Traditional coca leaf consumption and drug trafficking in Colombia“ delves into the complex issues surrounding coca cultivation in Colombia, highlighting its economic, social, and political impacts. The fourth chapter, the case study „The artisanal fishing community of Chorrillos, Peru“ aims to provide theoretical insights and recommendations for improving the livelihoods of artisanal fishing communities in Peru, considering legal, ethical, and environmental perspectives as well as how economic liberalization, privatization, and deregulation affect the community's socio-economic conditions.
Content:
Chapter 1 - Conceptual: Human rights and SDGs in the context of democracy
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Milena Valeva: "From Human Dignity and Human Rights to Sustainability within the context of Democracy"
Yannick Sebastian Wagner: "The relationship between the SDGs, human rights, and Catholicism in the United States, on health-related issues"
Christine Wetter: "Comparison of Human Rights and Sustainable Development Goals"
Jacob Mayer: "The challenges and opportunities of liberal democracies in promoting international value systems"
Pauline Nicolay: "Effective conflict resolution through ADRs: opportunities, challenges and applications in different contexts"
Chapter 2 - Case Study: Rights of Nature
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Kathrin Nitschmann: "Ecology and the protection of fundamental rights: status quo and development potential in the light of the precautionary principle"
Johannes Hagemann: "Decoding the Environmental Crisis: A Historical Analysis of Human-Nature Relationships"
Sahar Mallak: "Rights for Nature in selected states"
Nergiz Dogan: "Rights for Nature in Germany"
Chapter 3 - Case Study: Traditional coca leaf consumption and drug trafficking in Colombia
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Héctor Andrés Bombiella Medina: "Prologue"
Cara-Maxine Heyd: "Should something happen somewhere else that we don't want here?" ["Affected Human Rights by the destruction of coca plantations"]
Maxi-Mercedes Jahn: "Glyphosate use in line with the peace policy Colombia"
Daniel Förster: "Coca Cultivation in Colombian Economy – Considering the 2007 US-Colombian Free Trade Agreement"
Chapter 4 - Case Study: The artisanal fishing community of Chorrillos Peru
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Dorothea Hensing: "Artisanal fisheries in circumstances with political framework and comanagement"
Nina Giordano: "Traditional ecological knowledge – a key element of sustainable development"
Yasmin Krami: "Strategy to promote the Human Right to an adequate standard of living for Peruvian artisanal fishers according to Article 25 of the Universal Declaration of Human Rights"
With her paper "Artisanal fisheries in circumstances with political framework and co-management" Dorothea Hensing discusses the high productivity of pelagic fish in the Humboldt Current Large Marine Ecosystem (HCLME) and how it is impacted by factors such as acidification and oxygen depletion due to global warming. This ecosystem, rich in marine life, faces significant challenges exacerbated by extreme weather events like El Niño and La Niña, profoundly impact the livelihoods of artisanal fishermen, creating economic instability. Despite these adversities, artisanal fisheries remain crucial contributors to Peru‘s GDP. However, their sustainability and financial stability are compromised by various factors, including the lack of institutional support and the prevalence of informal practices within the industry. Informality permeates aspects such as labor relations and vessel construction, consequently affecting workers' rights, their financial stability and rendering them vulnerable. Fishing communities, such as the one in Chorillos, are complex socio-ecological systems reliant on social capital, but they are susceptible to external influences. Political dimensions further complicate the scenario, necessitating the establishment of effective co-management mechanisms, artisanal fisheries' inclusion in decision-making processes, a comprehensive understanding of ecosystem threats, and policy reforms to address informality. The author demonstrates the importance of strengthening governance and decision-making processes to address institutional flaws and protect the marine ecosystems and livelihoods of artisanal fishermen in Peru.
Over forty years ago, physicist and deep ecologist Capra indicated: "Ecosystems sustain themselves in a dynamic balance based on cycles and fluctuations, which are nonlinear processes. Linear enterprises, such as indefinite economic and technological growth will necessarily interfere with the natural balance and, sooner or later, will cause severe damage. Ecological awareness, then, will arise only when we combine our rational knowledge with an intuition for the nonlinear nature of our environment. Such intuitive wisdom is characteristic of traditional, non-literate cultures, [...] in which life was organized around a highly refined awareness of environment." Since then, natural ecosystems are being pushed beyond their limits with human societies confronting unprecedented challenges like climate change, species extinctions and pollution. Various approaches like ecological restoration, conservation, renewable energies and car sequestration have been deployed to tackle the global ecological crisis. Yet, a crucial element remains largely overlooked: integrating local and traditional ecological knowledge as well as indigenous perspectives with modern western science to foster environmentally sustainable solutions. This student research paper explores how the concept of traditional ecological knowledge is defined in science, law and policy literatures and what contribution place-based communities such as the artisanal fishery of Chorrillos can serve for improving cooperative environmental and natural resources management. The method applied aims to evaluate existing literature, synthesizing ideas, and critically analyzing the status quo. Subsequently, the paper will provide recommendations for integrating ecological traditional knowledge in legal frameworks and practice through sound policy aimed at sustainable development.
Coca Cultivation in Colombian Economy – Considering the 2007 US-Colombian Free Trade Agreement
(2024)
According to the overarching theme "Should something happen somewhere else that we don't want to have here?", this research paper deals with the extended question "How does the 2007 free trade agreement between Colombia and the USA affect the situation in Colombia?". Focusing on the aspect of coca cultivation this paper is framed by the question of projecting the situation in Colombia onto the situation in Germany. Universal human rights are the unifying force between Colombia in Latin America and Germany in Central Europe. Through the United Nations Declaration, these rights have universal validity regardless of national or ethnic affiliation. These rights apply to all countries of the world, including Colombia. The situation of the population regarding the economic and ethical components is illuminated on the basis of coca cultivation. Starting with the topic of coca cultivation, the challenges and interests by groups of people involved are described. The Colombian economy is then examined in order to classify the importance of this topic. The topic of the "free market" is a very relevant one, particularly regarding the economic component and can be supported by free trade agreements. This means that the domestic economy is not only restricted to its own sales market without regulation but is also largely extended to other partner countries. In terms of market liberalization, this would also be relevant for coca distribution. Thus, opening to other markets at the direct level is an export opportunity, but also at the indirect level. Exports can also be expanded via third countries. However, national governments are also responsible for this process. Therefore, this paper also explains the role of Colombian politics in coca cultivation, as it has a significant role in the cultivation and trade of the coca plant as well as in external economic relations. Furthermore, the paper attempts to construct a possible solution to improve the living situation of the people in Colombia. The factors of the economy, politics, foreign policy and the relationships between the individual actors are considered in order to arrive at a solution that is as balanced as possible, taking into account the norms of human rights.
In 2020, a year of turbulence, seismic in scale and rapid in impact, luxury brands strengthen their relationship with art. While the world is still processing the effects of the last decades (digitalization, sustainability, diversity), luxury brands and art collaborations are used as a strategic tool in luxury brand management to create value. As the pandemic and broader social outrage exposed fault lines in society, even more luxury brands open flagship stores designed in collaboration with archistars (famous architects). Luxury brands establish foundations where art is exhibited and promoted. Culture funds become the new patrons of art. Limited art editions of iconic luxury products turn to revenue boosts. This research focuses on a case study of luxury brand and art collaborations. The ten most valuable luxury brands are used to analyze luxury brand and art collaborations as a leverage on brand equity and art(ist) equity. The bleeding of personal luxury good brands as well as contemporary visual arts are focused. The study identifies particularly positive effects deriving from art in the creation of equity value. The core issue discussed is whether contemporary art may represent a possible strategic tool for competing and differentiating in the global luxury industry up to 2030. The research investigates two main concepts that represents the theoretical framework: art and luxury. Literature research deductively links this case study with appropriate theories on brand equity and art(ist) equity. During this, a time horizon between 2019 and 2021 is chosen to address the latest insights in luxury brands and art collaborations. The topic is investigated explorative and qualitative with expert interviews. To tackle the research topic all-encompassing, the following groups of recognized stakeholders have been interviewed: (1) luxury brands, (2) artists, (3) art galleries, (4) trend and market researchers, (5) luxury customers and (6) city. Finally, managerial insights on the implementation of artistic collaborations are derived and suitable strategies for luxury brands who plan to be involved in such collaboration agreements are suggested. The sticking point in former academic research has always been concrete proof that luxury brands and art collaborations lead to an increase in equity beyond a short-term social media buzz or press coverage. This is the reason why this paper develops an S-O-R equity model to show the causality effects of such collaborations.
Small area estimation methods have become a widely used tool to provide accurate estimates for regional indicators such as poverty measures. Recent research has provided evidence that spatial modelling still can improve the precision of regional and local estimates. In this paper, we provide an intrinsic spatial autocorrelation model and prove the propriety of the posterior under a flat prior. Further, we show using the SAIPE poverty data that the gain in efficiency using a spatial model can be essentially important in the presence of a lack of strong auxiliary variables.
The concept of Circular Economy (CE) is becoming increasingly important in the pursuit of more sustainable societies. CE strategies are being applied in the sustainable management of a plethora of areas, such as energy, water, food and eco-industrial parks. The present paper focuses on the question of how CE principles can support the sustainable management of water in the agricultural sector around the world, considering different legislative environments, water resources management guidelines, environmental stressors, and CE practices. Considering these practices and circumstances, seven countries were compared: Brazil, Germany, Japan, Mexico, Morocco, Portugal, and Taiwan. Together, CE experts in the seven countries developed a set of 44 criteria to assess each of these areas. Broader establishment and respect of water resources legislation was found to be strongly correlated with lower agricultural water use. While the application of CE practices was found to not be correlated with lower consumption, this is still novel in most countries. Based on the studied countries, it can be concluded that a global CE agenda has not been reached for water resources. Further application and variety of practices is required to better represent the impact of CE on a national scale, but local success stories could support the wider application of CE in agriculture. The findings and the framework of the study can be applied to other countries in directing CE strategies for more sustainable water use in agriculture. Increasing CE implementation, motivated by legislation and better management can help ensure water security throughout nations.
The data presented here contain information on cheating behavior from experiments and general self-reported attitudes related to honesty-related social norms and trust, together with individual-level demographic variables. Our sample included 493 university students in five countries, namely, Germany, Vietnam, Taiwan, China, and Japan. The experiment was monetarily incentivized based on the performance on a matrix task. The participants also answered a survey questionnaire. The dataset is valuable for academic researchers in sociology, psychology, and economics who are interested in honesty, norms, and cultural differences.