Faculty Research

The demotivating impact of absenteeism in nursing homes.

Erik William Jeffries — Thu, 03 Jul 2025 21:21:44 +0000

The demotivating impact of absenteeism in nursing homes. Erik William J… Thu, 07/03/2025 - 15:21

Roussillon Soyer, Claude; St‐Onge, Sylvie; Igalens, Jacques; Balkin, David B. The demotivating impact of absenteeism in nursing homes. Journal of Nursing Management. Sep2021, Vol. 29 Issue 6, p1679-1690.

Aim: The study explores how prevailing absenteeism frustrates or thwarts nurses' and nursing assistants' basic psychological needs (autonomy, competence and relatedness), using self‐determination theory. Background: Our study responds to the call to investigate how organisational characteristics influence employees' psychological need, satisfaction and their attitudes and behaviours. Method: We conducted a semantic analysis of the discourse of 42 nurses and nursing assistants working in nursing homes for older dependent people in France. Results: The analysis subdivides participants' discourse into four themes: short‐term absenteeism, lack of competence, lack of recognition and work overload. These themes are all linked to participants' perceived deficits or threats concerning their psychological needs. Conclusions: The prevailing absenteeism has a harmful spiral impact on nurses' and nursing assistants' attitudes and behaviours, and, ultimately, on the quality of care received by the patients. Implications for Nursing Management: Our study confirms the need to adopt various managerial actions to address the following interrelated issues: controlling short‐term absences, reducing work overload and giving training and recognition.

https://pubmed.ncbi.nlm.nih.gov/33772934/

Traditional

White

Investor memory of past performance is positively biased and predicts overconfidence.

Erik William Jeffries — Thu, 03 Jul 2025 21:19:50 +0000

Investor memory of past performance is positively biased and predicts overconfidence. Erik William J… Thu, 07/03/2025 - 15:19

Walters, Daniel J.; Fernbach, Philip M. Investor memory of past performance is positively biased and predicts overconfidence. Proceedings of the National Academy of Sciences of the United States of America. 9/7/2021, Vol. 118 Issue 36, p1-8.

We document a memory-based mechanism associated with investor overconfidence. In Studies 1 and 2, investors were asked to recall their most important trades in the recent past and then reported investing confidence and trading frequency. After the study, they looked up and reported the actual returns of these trades. In both studies, investors were biased to recall returns as higher than achieved, and larger memory biases were associated with greater overconfidence and trading frequency. The design of Study 2 allowed us to separately investigate the effects of two types of memory biases: distortion and selective forgetting. Both types of bias were present and were independently associated with overconfidence and trading frequency. Study 3 was an incentive-compatible experiment in which overconfidence and trading frequency were reduced when participants looked up previous consequential trades compared to when they reported them from memory.

https://www.pnas.org/doi/10.1073/pnas.2026680118

Traditional

White

Methodological Advances in Consumer Research. Advances in Consumer Research

Erik William Jeffries — Thu, 03 Jul 2025 20:29:13 +0000

Methodological Advances in Consumer Research. Advances in Consumer Research Erik William J… Thu, 07/03/2025 - 14:29

André, Quentin. Methodological Advances in Consumer Research. Advances in Consumer Research. 2021, Vol. 49, p821-826.

Noise in the Process: A Meta-Analysis of Mediation Effects in Marketing Journals Aaron Charlton, College of Business, Illinois State University, USA Amanda Montoya, Department of Psychology, University of California Los Angeles, USA John Price, WU, Vienna University of Economics and Business, Austria Joe Hilgard, College of Arts and Sciences, Illinois State University, USA Paper #2: The same year, Simonsohn, Simmons and Nelson's "False-Positive Psychology" (2011) showed that common practices in behavioral research (e.g., not reporting all conditions and measures, or deciding when to stop data collection) allowed researchers to provide significant evidence for impossible results (e.g., that listening to "When I'm 64" by The Beatles can lower people's age by more than a year). Like the afore-mentioned meta-analyses, the current research examines the average power of mediation tests through analysis of reported statistics-specifically confidence intervals from mediation tests. To simulate true effects, we created a series of 3-variable datasets with a weak population-level indirect effect (ß=.O4) that fully mediated the relationship between X and Y. We settled on ß=.O4 because it allowed us to achieve desired power levels using sample sizes that are similar to those reported in marketing journals.

https://www.proquest.com/docview/3090688396?pq-origsite=gscholar&fromopenview=true&sourcetype=Conference%20Papers%20&%20Proceedings

Traditional

White

Beliefs about Whether Spending Implies Wealth

Erik William Jeffries — Wed, 02 Jul 2025 00:41:03 +0000

Beliefs about Whether Spending Implies Wealth Erik William J… Tue, 07/01/2025 - 18:41

Spending is influenced by many factors. One that has received little attention is the meaning that people give to the act of spending. Spending money might imply that someone is relatively wealthy—since they have money to spend—or relatively poor—since spending can deplete assets. We show that people differ in the extent to which they believe that spending implies wealth (SIW beliefs). We develop a scale to measure these beliefs and find that people who more strongly believe that SIW spend their own money relatively lavishly and are, on average, more financially vulnerable. We find correlational evidence for these relationships using objective financial-transaction data, including over 2 million transaction records from the bank accounts of over 2,000 users of a money management app, as well as self-reported financial well-being. We also find experimental evidence by manipulating SIW beliefs and observing causal effects on spending intentions. These results show how underlying beliefs about the link between spending and wealth play a role in consumption decisions, and point to beliefs about the meaning of spending as a fruitful direction for further research.

June 2021 Marketing Kappes, Heather Barry; Gladstone, Joe J; Hershfield, Hal E. . Journal of Consumer Research. Jun2021, Vol. 48 Issue 1, p1-21.

https://academic.oup.com/jcr/article-abstract/48/1/1/6031914?redirectedFrom=fulltext

Traditional

White

Changeover minimization in the production of metal parts for car seats

Erik William Jeffries — Wed, 11 Dec 2024 02:35:54 +0000

Changeover minimization in the production of metal parts for car seats Erik William J… Tue, 12/10/2024 - 19:35

We tackle a capacitated lot-sizing and scheduling problem (CLSP) with the main objective of minimizing changeover time in the production of metal parts for car seats. Changeovers occur when a machine (or production line) is reconfigured to produce a different product or part, leading to production downtime and loss of efficiency. In this study, we first provide a mixed-integer programming (MIP) formulation of the problem. We test the limits of solving the problem with commercial mathematical programming software. We also propose two approaches to tackle instances found in practice for which the mathematical programming model is not a viable solution method. Both approaches are based on partitioning the entire production of a part into production runs (or work slots). In the first approach, the work slots are assigned to machines and sequenced by a metaheuristic that follows the search principles of the GRASP (greedy randomized adaptive procedure) and VNS (variable neighborhood search) methodologies. In the second approach, we develop a Hexaly Optimizer (formerly known as LocalSolver) model to assign and sequence work slots. The study provides insights into how to minimize changeovers and improve production efficiency in metal parts manufacturing for car seats. The findings of this study have practical implications for the auto-part manufacturing industry, where efficient and cost-effective production is critical to meet the demands of the market. • Mathematical model for a real-world industrial optimization problem. • Effective metaheuristic approach based on Variable Neighborhood Search. • Experiments include comparison with a model for general-purpose commercial optimizer. • Computational efficiency achieved with partial computation of the objective function.

Colmenar, J. Manuel; Laguna, Manuel; Martín-Santamaría, Raúl. Changeover minimization in the production of metal parts for car seats. Computers & Industrial Engineering. Dec2024, Vol. 198, pN.PAG-N.PAG.

https://www.sciencedirect.com/science/article/pii/S0360835224007563

Traditional

White

Large language models present new questions for decision support.

Erik William Jeffries — Wed, 11 Dec 2024 02:34:13 +0000

Large language models present new questions for decision support. Erik William J… Tue, 12/10/2024 - 19:34

Large language models (LLMs) have proven capable of assisting with many aspects of organizational decision making, such as helping to collect information from databases and helping to brainstorm possible courses of action ahead of making a choice. We propose that broad adoption of these technologies introduces new questions in the study of decision support systems, which assist people with complex and open-ended choices in business. Where traditional study of decision support has focused on bespoke tools to solve narrow problems in specific domains, LLMs offer a general-purpose decision support technology which can be applied in many contexts. To organize the wealth of new questions which result from this shift, we turn to a classic framework from Herbert Simon, which proposes that decision making requires collecting evidence, considering alternatives, and finally making a choice. Working from Simon's framework, we describe how LLMs introduce new questions at each stage of this decision-making process. We then group new questions into three overarching themes for future research, centered on how LLMs will change individual decision making, how LLMs will change organizational decision making, and how to design new decision support technologies which make use of the new capabilities of LLMs. • We discuss how language models might change decision support systems. • We argue large language models are more versatile than prior decision support tools. • We propose that such versatility introduces new questions during decision making. • We organize new questions using a classic three-stage model of decision making. • We also propose three future directions for research in decision support.

Handler, Abram; Larsen, Kai R.; Hackathorn, Richard. Large language models present new questions for decision support. International Journal of Information Management. Dec2024, Vol. 79, pN.PAG-N.PAG.

https://www.sciencedirect.com/science/article/pii/S0268401224000598

Traditional

White

Broken promises, competition, and capital allocation in the mutual fund industry

Erik William Jeffries — Wed, 11 Dec 2024 02:03:03 +0000

Broken promises, competition, and capital allocation in the mutual fund industry Erik William J… Tue, 12/10/2024 - 19:03

What characteristics of mutual funds do investors care about? In addition to performance and fees, we show that investors exhibit a clear preference for managers who adhere to the strategies they describe in their prospectuses. Capital flows respond negatively when funds diverge from the average holdings of their text-based strategy peer groups, but positively when they outperform those peer averages. We identify this effect using a novel instrumental variables approach, and show that funds face a delicate trade-off between keeping their promises and outperforming their peers who make similar promises."

Abis, Simona; Lines, Anton. Broken promises, competition, and capital allocation in the mutual fund industry. Journal of Financial Economics. Dec2024, Vol. 162, pN.PAG-N.PAG.

https://www.sciencedirect.com/science/article/pii/S0304405X24001715

Traditional

White

Specialization and performance in private equity: Evidence from the hotel industry

Erik William Jeffries — Wed, 11 Dec 2024 02:00:44 +0000

Specialization and performance in private equity: Evidence from the hotel industry Erik William J… Tue, 12/10/2024 - 19:00

Using granular data on U.S. hotel investments over the past two decades, we show that industry-specialist PE firms achieve higher net income from operations and higher capital gains from sale than generalist PE firms for comparable properties. Those results are driven by specialists implementing more and larger cost savings without compromising revenues. Fundamentally, specialists utilize their hotel-specific operating expertise to produce superior performance outcomes. We show that specialists across investment sectors possess deeper industry-specific operating expertise. Our results suggest that specialist PE firms can compete with their generalist rivals by leveraging such expertise in a chosen market niche.

Spaenjers, Christophe; Steiner, Eva. Specialization and performance in private equity: Evidence from the hotel industry. Journal of Financial Economics. Dec2024, Vol. 162, pN.PAG-N.PAG.

https://www.sciencedirect.com/science/article/pii/S0304405X24001533

Traditional

White

Gendered implications of organizational gender diversity for voluntary turnover: human resource practices as strategic levers

Erik William Jeffries — Wed, 11 Dec 2024 01:47:27 +0000

Gendered implications of organizational gender diversity for voluntary turnover: human resource practices as strategic levers Erik William J… Tue, 12/10/2024 - 18:47

Organizational gender diversity may not be as well received among male employees as among female employees, particularly in countries characterized by gender inequality. Through the lens of intergroup threat theory (intergroup threat is experienced when members of one group perceive that another group is in a position to cause them actual or symbolic harm), we conceptualize organizational gender diversity as a threat to male employees, which evokes male employees' voluntary turnover, but as a support (threat mitigation) to female employees, which reduces female employees' voluntary turnover. We also investigate whether certain types of human resource (HR) practices can moderate the gendered implication of organizational gender diversity for voluntary turnover. By analyzing data from South Korea, we found that while collective incentives negatively moderated the positive relationship between organizational gender diversity and male employees' voluntary turnover, childcare benefits strengthened the negative relationship between organizational gender diversity and female employees' voluntary turnover.

Joo, Min-Kyu; Kong, Dejun Tony; Atwater, Leanne. Gendered implications of organizational gender diversity for voluntary turnover: human resource practices as strategic levers. International Journal of Human Resource Management. Dec2024, Vol. 35 Issue 21, p3672-3714.

https://www.tandfonline.com

Traditional

White

Consumers' minimum time investments in meaningful consumption.

Erik William Jeffries — Tue, 10 Dec 2024 22:33:27 +0000

Consumers' minimum time investments in meaningful consumption. Erik William J… Tue, 12/10/2024 - 15:33

Consumer well-being involves not only the pursuit of pleasure, but also the pursuit of meaning. However, little is known about how people perceive the costs and benefits of meaning- versus pleasure-oriented experiences. We find that compared to pleasure-oriented experiences, people expect meaning-oriented experiences to be more satisfying after meeting a minimum time investment (i.e., the perceived minimum amount of time needed to derive benefits from consumption; study 1). As a consequence, people choose to prolong their exposure to meaningful (vs. pleasurable) experiences following interruptions (study 2). We discuss the implications of minimum time investments for firms' relationships with consumers and marketing communication design.

Carter, Erin Percival; Williams, Lawrence E.; Light, Nicholas. Consumers' minimum time investments in meaningful consumption. Marketing Letters. Dec2024, Vol. 35 Issue 4, p561-573.

https://link.springer.com/article/10.1007/s11002-023-09709-z

Traditional

White

Faculty Research

The demotivating impact of absenteeism in nursing homes.

Related Articles

Investor memory of past performance is positively biased and predicts overconfidence.

Related Articles

Methodological Advances in Consumer Research. Advances in Consumer Research

Related Articles

Beliefs about Whether Spending Implies Wealth

Related Articles

Changeover minimization in the production of metal parts for car seats

Related Articles

Large language models present new questions for decision support.

Related Articles

Broken promises, competition, and capital allocation in the mutual fund industry

Related Articles

Specialization and performance in private equity: Evidence from the hotel industry

Related Articles

Gendered implications of organizational gender diversity for voluntary turnover: human resource practices as strategic levers

Related Articles

Consumers' minimum time investments in meaningful consumption.

Related Articles