To better understand the potential and limitations of the tokenization of real asset mar-kets,empirical studies need to examine this radically new organization of financial mar-kets.In our study,we examine the financi...To better understand the potential and limitations of the tokenization of real asset mar-kets,empirical studies need to examine this radically new organization of financial mar-kets.In our study,we examine the financial and economic consequences of tokenizing 58 residential rental properties in the US,particularly those in Detroit.Tokenization aims at fragmented ownership.We found that the residential properties examined have 254 owners on average.Investors with a greater than USD 5,000 investment in real estate tokens,diversify their real estate ownership across properties within and across the cities.Property ownership changes about once yearly,with more changes for proper-ties on decentralized exchanges.We report that real estate token prices move accord-ing to the house price index;hence,investing in real estate tokens provides economic exposure to residential house prices.展开更多
The ultimate goal for any business is to grow vertically and horizontally. Successful business is combination of careful analysis of external and internal factor of business environment and adoption of appropriate bus...The ultimate goal for any business is to grow vertically and horizontally. Successful business is combination of careful analysis of external and internal factor of business environment and adoption of appropriate business strategy. In this study external factors of gluten-free market are studied in detail through PESTEL model (for external factors). The study would facilitate manufacturers to bring gluten-free foods from niche market to main stream market and to make it more affordable for all the sections of the society. The study focuses on markets of India and USA, since both of these nations have high potential for gluten-free foods and the demand further continues to increase every year.展开更多
This paper develops a dynamic model of grazing land degradation. The model illustrates the relationship between live-stock levels and grazing land degradation over time. It identifies the mechanisms by which the facto...This paper develops a dynamic model of grazing land degradation. The model illustrates the relationship between live-stock levels and grazing land degradation over time. It identifies the mechanisms by which the factors internal to the livestock local production system and those drawn from the larger economic context of livestock marketing influence livestock-grazing land relationship. The paper shows that overstocking leads to degradation which leads to declining relative prices of livestock as quality declines and mortality increases. As relative price of livestock falls, consumption increases. The increased consumption and mortality ultimately leads to lower livestock population, which leads to de-creased degradation. The model results show that medium term dynamics of grazing land degradation are quite differ-ent from long term dynamics. It is shown that although grazing land sustainability situation is adverse in the medium term, yet it is favourable in the long term. The livestock system is dynamic and can adjust when longer term system dy-namics are allowed to play out. Part of the adjustment mechanism is built in the livestock system and the other part comes from the economic system. The built-in adjustment mechanism works through the two-way relationship between the stock and degradation. The external adjustment mechanism, originating from the economic system, works through economic growth, relative prices and foreign trade. In the medium term, opportunistic management strategy and poli-cies that facilitate access to grazing land and water are crucial for mitigating degradation. The results suggest that the views of the mainstream range management paradigm and the new thinking of range ecology can be reconciled.展开更多
Celiac disease, gluten-allergy or gluten-sensitivity is caused due to glutamine protein from the grains like wheat, rye and barley (collectively called gluten). This protein damages the small intestine and causes stom...Celiac disease, gluten-allergy or gluten-sensitivity is caused due to glutamine protein from the grains like wheat, rye and barley (collectively called gluten). This protein damages the small intestine and causes stomach pain, bloating, weakness etc. Celiac disease, gluten-allergy or gluten-sensitivity has never really been taken seriously in developing countries like India. However, in developed nations like UK, USA, Canada and other parts of Europe, gluten-free foods have become quite popular. With a prevalence rate of about one in 100 - 133 people worldwide, celiac disease is widespread across the globe and life-long consumption of gluten-free food is recommended treatment for this allergy. Apart from celiac-disease patients, gluten-free foods are also consumed by health conscious people for weight management and high protein diet and by the patients for diabetes, autism and food allergies. Apart from gluten-free flour, biscuits, cookies and snacks, product innovations like gluten-free beers are becoming very popular. Big data including online blogs, articles, and reviews have played a major role in increased sales of gluten-free foods. Thus, analysis of editorial and social media content becomes essential to understand the leading trends in gluten-free foods. This study provided deep insights about positive, negative and neutral sentiments related to gluten-free foods using the data from Perspectory Media Insights and Google Trends. This study also revealed that most of the consumers talked and expected product innovation in food sections like snacks, fast food (pizza, pasta and noodles) and desserts through comments on social and editorial media. Searches were divided into developed (e.g., U.S.A.) and developing nations (e.g., India) to get more details about the consumer preferences. This study would help manufacturers of gluten-free foods to develop food products according to the choices and preferences of consumers. The study is very unique in itself since it combines big data to niche food market of gluten-free foods to draw the valuable consumer preferences using online platforms.展开更多
The two purposes of the research are(a)to develop an analytical model that views the economy/polity as a social system with interactive subsystems of actors:households,firms,government,political parties and other sign...The two purposes of the research are(a)to develop an analytical model that views the economy/polity as a social system with interactive subsystems of actors:households,firms,government,political parties and other significant actors,and(b)apply the analytical model to construct and verify a timeline that figures major events in world development that shaped the evolution of the western economies,and the relative strength of their interacting subsystems.The timeline highlights the changing and evolving dominance of the major subsystems in the economic history of the western world.We differ from the convention of looking at history as the occurrence of exogenous consequential events and offer instead a system dynamics analysis that makes historical events endogenous and to be affected by the powerplay within the system.The current dominance of the firm subsystem in western countries is demonstrated to be the accumulated result of centuries of past events:wars,discoveries,colonies,trade,political enlightenments,and industrial revolutions that strengthened participation and interactions in the firm subsystem at the cost of weakened dominance of rival subsystems(those of traditional households,theocrats,manors,communes,royals,and the modern state subsystem).The behavioral orientation of a social system is explainable in terms of(a)interactive influence(which occurs during the participation and interaction of agents in multiple settings,with some settings having more interactive influence than others),and(b)regulative influence(where the conduct of the one subsystem overrules that of other subsystems).Western economic history suggests a positive conditional correlation and convergence between(a)and(b).Being conditional,the convergence between(a)and(b)may not hold in other world contexts,i.e.,China,India,Arab and African countries.展开更多
文摘To better understand the potential and limitations of the tokenization of real asset mar-kets,empirical studies need to examine this radically new organization of financial mar-kets.In our study,we examine the financial and economic consequences of tokenizing 58 residential rental properties in the US,particularly those in Detroit.Tokenization aims at fragmented ownership.We found that the residential properties examined have 254 owners on average.Investors with a greater than USD 5,000 investment in real estate tokens,diversify their real estate ownership across properties within and across the cities.Property ownership changes about once yearly,with more changes for proper-ties on decentralized exchanges.We report that real estate token prices move accord-ing to the house price index;hence,investing in real estate tokens provides economic exposure to residential house prices.
文摘The ultimate goal for any business is to grow vertically and horizontally. Successful business is combination of careful analysis of external and internal factor of business environment and adoption of appropriate business strategy. In this study external factors of gluten-free market are studied in detail through PESTEL model (for external factors). The study would facilitate manufacturers to bring gluten-free foods from niche market to main stream market and to make it more affordable for all the sections of the society. The study focuses on markets of India and USA, since both of these nations have high potential for gluten-free foods and the demand further continues to increase every year.
文摘This paper develops a dynamic model of grazing land degradation. The model illustrates the relationship between live-stock levels and grazing land degradation over time. It identifies the mechanisms by which the factors internal to the livestock local production system and those drawn from the larger economic context of livestock marketing influence livestock-grazing land relationship. The paper shows that overstocking leads to degradation which leads to declining relative prices of livestock as quality declines and mortality increases. As relative price of livestock falls, consumption increases. The increased consumption and mortality ultimately leads to lower livestock population, which leads to de-creased degradation. The model results show that medium term dynamics of grazing land degradation are quite differ-ent from long term dynamics. It is shown that although grazing land sustainability situation is adverse in the medium term, yet it is favourable in the long term. The livestock system is dynamic and can adjust when longer term system dy-namics are allowed to play out. Part of the adjustment mechanism is built in the livestock system and the other part comes from the economic system. The built-in adjustment mechanism works through the two-way relationship between the stock and degradation. The external adjustment mechanism, originating from the economic system, works through economic growth, relative prices and foreign trade. In the medium term, opportunistic management strategy and poli-cies that facilitate access to grazing land and water are crucial for mitigating degradation. The results suggest that the views of the mainstream range management paradigm and the new thinking of range ecology can be reconciled.
文摘Celiac disease, gluten-allergy or gluten-sensitivity is caused due to glutamine protein from the grains like wheat, rye and barley (collectively called gluten). This protein damages the small intestine and causes stomach pain, bloating, weakness etc. Celiac disease, gluten-allergy or gluten-sensitivity has never really been taken seriously in developing countries like India. However, in developed nations like UK, USA, Canada and other parts of Europe, gluten-free foods have become quite popular. With a prevalence rate of about one in 100 - 133 people worldwide, celiac disease is widespread across the globe and life-long consumption of gluten-free food is recommended treatment for this allergy. Apart from celiac-disease patients, gluten-free foods are also consumed by health conscious people for weight management and high protein diet and by the patients for diabetes, autism and food allergies. Apart from gluten-free flour, biscuits, cookies and snacks, product innovations like gluten-free beers are becoming very popular. Big data including online blogs, articles, and reviews have played a major role in increased sales of gluten-free foods. Thus, analysis of editorial and social media content becomes essential to understand the leading trends in gluten-free foods. This study provided deep insights about positive, negative and neutral sentiments related to gluten-free foods using the data from Perspectory Media Insights and Google Trends. This study also revealed that most of the consumers talked and expected product innovation in food sections like snacks, fast food (pizza, pasta and noodles) and desserts through comments on social and editorial media. Searches were divided into developed (e.g., U.S.A.) and developing nations (e.g., India) to get more details about the consumer preferences. This study would help manufacturers of gluten-free foods to develop food products according to the choices and preferences of consumers. The study is very unique in itself since it combines big data to niche food market of gluten-free foods to draw the valuable consumer preferences using online platforms.
文摘The two purposes of the research are(a)to develop an analytical model that views the economy/polity as a social system with interactive subsystems of actors:households,firms,government,political parties and other significant actors,and(b)apply the analytical model to construct and verify a timeline that figures major events in world development that shaped the evolution of the western economies,and the relative strength of their interacting subsystems.The timeline highlights the changing and evolving dominance of the major subsystems in the economic history of the western world.We differ from the convention of looking at history as the occurrence of exogenous consequential events and offer instead a system dynamics analysis that makes historical events endogenous and to be affected by the powerplay within the system.The current dominance of the firm subsystem in western countries is demonstrated to be the accumulated result of centuries of past events:wars,discoveries,colonies,trade,political enlightenments,and industrial revolutions that strengthened participation and interactions in the firm subsystem at the cost of weakened dominance of rival subsystems(those of traditional households,theocrats,manors,communes,royals,and the modern state subsystem).The behavioral orientation of a social system is explainable in terms of(a)interactive influence(which occurs during the participation and interaction of agents in multiple settings,with some settings having more interactive influence than others),and(b)regulative influence(where the conduct of the one subsystem overrules that of other subsystems).Western economic history suggests a positive conditional correlation and convergence between(a)and(b).Being conditional,the convergence between(a)and(b)may not hold in other world contexts,i.e.,China,India,Arab and African countries.
