09.00 – 09.45 Charles Perrings (ASU), William Brock (WisconsinMadison), Ann Kinzig (ASU) and Margherita Gioria (ASU), Globalization and invasive species The widening and deepening of international trade has had a number of environmental consequences, of which the most significant may well be the redistribution of species. There are two processes involved. The opening of new markets or trade rou...

344 The nature and effectiveness of professional-development activities should be judged in a way that takes account of both the achievement of intended outcomes and the unintended consequences that may result. Our research project set out to create a robust approach that school staff members could use to assess the impact of professional-development programs on leadership and management practi...

The implementation of technology and, in particular, eCommerce technologies has had unforeseen consequences for the relationship between managers and employees. To be able to operate in an increasingly global and competitive environment, retail banks have had to develop new ways of dealing with their employees. Issues have arisen that have necessitated a rethink in the way employees interact wi...

The impact of structural adjustment programme on the economic situation in many African countries can not be overemphasised. Over more than a decade of implementing neo-liberal economic policies by the Bretton Woods institution it is of great importance to document the lessons learnt. This paper explains how the expected effect of structural adjustment policies produced unintended effects which...

Global development goals have become increasingly used by the United Nations and the international community to promote priority global objectives. The Millennium Development Goals (MDGs) are the most prominent example of such goals, but many others have been set since the 1960s. Despite their prominence and proliferation, little has been written about the concept of global goals as a policy to...

Karl Popper’s method of conjectures and refutationsis used as a framework to analyze and critique emerging construction theories. A perceived problem initiates the quest for tentative theories and error elimination as a solution. However, according to Popper, the result is a new version of the problem or an unintended consequence that creates anemergingproblem. The method of conjectures and ref...

This section covers basic topics and illustrates the technical notion of a computational effect with several mathematical and programming examples. In everyday language, a “side effect” refers to the unintended or unforeseen consequences of an action. By analogy, in order to identify the side effect of a given computation, it is first necessary to isolate the “publicly stated” or “publicly expe...

Does activist investors’ focus on short-term stock prices impede their role in improving corporate governance? This model builds on the notion that both the act of intervention and the threat of an intervention can generate value for the target firm. We demonstrate that an activist with short-termism intervenes excessively (insufficiently) when her ability to conduct a value-enhancing intervent...

A number of factors—including the fact that the banned weapons and magazines were rarely used to commit murders in this country, the limited availability of data on the weapons, other components of the Crime Control Act of 1994, and State and local initiatives implemented at the same time—posed challenges in discerning the effects of the ban. The ban appears to have had clear short-term effects...

In this paper a brief history of the Phillips curve from Fisher (1973 [1926]) to the FriedmanPhelps natural rate hypothesis is sketched. Empirical evidence from France, Germany, the United Kingdom and the United States during the latter half of the 20th century in support of a positive long-run relationship between inflation and unemployment is presented. In order to reconcile the predominant t...