The Experts below are selected from a list of 303 Experts worldwide ranked by ideXlab platform
Shubhranshu Singh - One of the best experts on this subject based on the ideXlab platform.
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Voluntary Product Safety Certification
Management Science, 2017Co-Authors: Ganesh Iyer, Shubhranshu SinghAbstract:This paper describes the incentives for firms to seek voluntary Product Safety certifications. We consider a firm that makes the decision of whether or not to seek certification prior to selling the Product. We show that even when the firm and the consumers have the same beliefs about the Product’s Safety, there are incentives for the firm to seek Safety certification. The main analysis investigates the role of consumer moral hazard and shows that it can lead to greater incentives for voluntary certification when inherent Product Safety and effort are substitutes, but smaller incentives when they are complements. The analysis of consumer moral hazard provides a nuanced perspective on the so-called risk compensation or the “Peltzman effect” phenomenon, which postulates higher levels of accidents for safer Products. In our paper, Products that are successfully certified can end up with a higher incidence of accidents. We also uncover an interesting nonmonotonic relationship between effectiveness of consumer...
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Voluntary Product Safety Certification
SSRN Electronic Journal, 2016Co-Authors: Ganesh Iyer, Shubhranshu SinghAbstract:This paper describes the incentives for firms to seek voluntary Product Safety certifications. We consider a firm which makes the decision of whether or not to seek certification prior to selling the Product. We show that, even when the firm and the consumers have same beliefs about the Product Safety there are incentives for the firm to seek Safety certification. The main analysis investigates the role of consumer moral hazard and shows that it can lead to greater incentives for voluntary certification when inherent Product Safety and effort are substitutes, but smaller incentives when they are complements. The analysis of consumer moral hazard provides a nuanced perspective on the so-called risk-compensation or the “Peltzman effect” phenomenon which postulates higher levels of accident for safer Products. In our paper, Products that are successfully certified can end up with higher incidence of accidents. We also uncover an interesting non-monotonic relationship between effectiveness of consumers’ effort and the firm’s incentives to seek certification. Finally, we find that certification can be welfare enhancing in the presence of consumer moral hazard.
Ganesh Iyer - One of the best experts on this subject based on the ideXlab platform.
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Voluntary Product Safety Certification
Management Science, 2017Co-Authors: Ganesh Iyer, Shubhranshu SinghAbstract:This paper describes the incentives for firms to seek voluntary Product Safety certifications. We consider a firm that makes the decision of whether or not to seek certification prior to selling the Product. We show that even when the firm and the consumers have the same beliefs about the Product’s Safety, there are incentives for the firm to seek Safety certification. The main analysis investigates the role of consumer moral hazard and shows that it can lead to greater incentives for voluntary certification when inherent Product Safety and effort are substitutes, but smaller incentives when they are complements. The analysis of consumer moral hazard provides a nuanced perspective on the so-called risk compensation or the “Peltzman effect” phenomenon, which postulates higher levels of accidents for safer Products. In our paper, Products that are successfully certified can end up with a higher incidence of accidents. We also uncover an interesting nonmonotonic relationship between effectiveness of consumer...
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Voluntary Product Safety Certification
SSRN Electronic Journal, 2016Co-Authors: Ganesh Iyer, Shubhranshu SinghAbstract:This paper describes the incentives for firms to seek voluntary Product Safety certifications. We consider a firm which makes the decision of whether or not to seek certification prior to selling the Product. We show that, even when the firm and the consumers have same beliefs about the Product Safety there are incentives for the firm to seek Safety certification. The main analysis investigates the role of consumer moral hazard and shows that it can lead to greater incentives for voluntary certification when inherent Product Safety and effort are substitutes, but smaller incentives when they are complements. The analysis of consumer moral hazard provides a nuanced perspective on the so-called risk-compensation or the “Peltzman effect” phenomenon which postulates higher levels of accident for safer Products. In our paper, Products that are successfully certified can end up with higher incidence of accidents. We also uncover an interesting non-monotonic relationship between effectiveness of consumers’ effort and the firm’s incentives to seek certification. Finally, we find that certification can be welfare enhancing in the presence of consumer moral hazard.
Stephen Weatherill - One of the best experts on this subject based on the ideXlab platform.
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Reinvigorating the development of Community Product Safety policy
Journal of Consumer Policy, 1991Co-Authors: Stephen WeatherillAbstract:This paper examines the present state of Community Product Safety policy. It shows that important initiatives to extend enforcement practice across borders have come “from below” and argues that such developments deserve respect from Community policy makers as evidence of responses to real problems. However, the paper argues that the Community needs to build on these existing examples of cross-border co-operation in order to establish a broader Product Safety policy and — more compelling given the current Community agenda — in order to secure effective market integration. The paper concludes by contending that the development of Product Safety policy illustrates the shared approach to shaping the Community which should form the model for future progress.
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Reinvigorating the development of Community Product Safety policy
Journal of Consumer Policy, 1991Co-Authors: Stephen WeatherillAbstract:Der Autor beschäftigt sich mit dem gegenwärtigen Zustand der Produktsicherheitspolitik der Gemeinschaft. Er zeigt, daß wichtige Initiativen zur Ausweitung der Durchsetzungspraxis über Grenzen hinweg von “unten” gekommen sind und tritt dafür ein, daß die für Verbraucherpolitik Zuständigen in der Gemeinschaft solche Entwicklungen als Reaktionen auf wirklich existierende Probleme respektieren. Er tritt ferner dafür ein, daß die Gemeinschaft auf den existierenden Beispielen von grenzüberschreitender Kooperation aufbauen soll, um eine breitere Produktsicherheitspolitik zu errichten und — was angesichts der derzeitigen Tagesordnung der Gemeinschaft noch wichtiger ist — um eine effektive Marktintegration zu gewährleisten. Abschließend sieht der Beitrag die Entwicklung der Produktsicherheitspolitik als Muster für künftigen Fortschritt bei der Bildung der Gemeinschaft. This paper examines the present state of Community Product Safety policy. It shows that important initiatives to extend enforcement practice across borders have come “from below” and argues that such developments deserve respect from Community policy makers as evidence of responses to real problems. However, the paper argues that the Community needs to build on these existing examples of cross-border co-operation in order to establish a broader Product Safety policy and — more compelling given the current Community agenda — in order to secure effective market integration. The paper concludes by contending that the development of Product Safety policy illustrates the shared approach to shaping the Community which should form the model for future progress.
Carlos Mena - One of the best experts on this subject based on the ideXlab platform.
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Product Safety and security in the global supply chain: Issues, challenges and research opportunities
Journal of Operations Management, 2011Co-Authors: Ann Marucheck, Noel Greis, Carlos MenaAbstract:A number of high profile Product Safety events and recalls have heightened public attention to the Safety and security of the Products that people consume and use. While Product Safety isn’t a new topic, the effect of the global supply chain in creating or exacerbating Safety risks and vulnerabilities is both timely and relevant. In this essay we focus on how the field of operations management can provide fresh perspectives and insights in addressing the challenges of Product Safety and security in the global supply chain. We first examine the Product Safety issues and challenges that arise in five industries that are increasingly globalizing their supply chains: food, pharmaceuticals, medical devices, consumer Products and automobiles. We describe four areas where operations management theory and methodologies can provide fresh insights and innovative solutions in addressing these problems; regulation and standards, Product lifecycle management, traceability and recall management, and supplier relationships.
Kiran Jude Fernandes - One of the best experts on this subject based on the ideXlab platform.
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The impact of organizational culture on Concurrent Engineering, Design-for-Safety, and Product Safety performance
International Journal of Production Economics, 2016Co-Authors: Maximilian Von Zedtwitz, Dimitris Assimakopoulos, Kiran Jude FernandesAbstract:This paper empirically extends the research on the relationships between organizational culture, new Product development (NPD) practices, and Product Safety performance (PSP). Using Schein's conceptualization of culture (i.e., underlying assumptions, espoused values, and artifacts), we build and test a model among five variables: top management commitment to Safety (MCS), group level Product Safety culture (PSC) at NPD, Concurrent Engineering (CE), Design-for-Safety (DFS), and Product Safety performance. We propose that the underlying assumption of Safety first affects the espoused values (group level Product Safety culture at NPD) and artifacts of organizational culture (Concurrent Engineering and Design-for-Safety); espoused value influences artifacts; and artifacts impact Product Safety performance. These hypotheses are tested by structural analyses of 255 survey responses collected from 126 firms in the juvenile Product sector. While management commitment to Safety, Product Safety culture, and Design-for-Safety are significant Product Safety predictors, as expected, Concurrent Engineering has no significant direct effect on Product Safety. We discuss the implications of these findings for the field of Product Safety.
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Organizational Culture and New Product Development: Implications for Product Safety Performance
Academy of Management Proceedings, 2015Co-Authors: Maximilian Von Zedtwitz, Dimitris Assimakopoulos, Kiran Jude FernandesAbstract:This paper empirically extends the research on the relationships between organizational culture, new Product development practices and Product Safety performance. Using Schein’s conceptualization of culture, i.e., underlying assumptions, espoused values and artefacts, we build and test a model among five variables: top management commitment to Safety (or Safety first), group level Product Safety culture at NPD, concurrent engineering, design for Safety, and Product Safety performance. We propose that underlying assumption of Safety first affects espoused value (group level Product Safety culture at NPD) and artefacts of organizational culture (concurrent engineering and design for Safety practices), espoused value influences artefacts, and artefacts impacts Product Safety performance. These propositions are largely confirmed by structural analyses of 255 survey responses collected from 126 firms in the juvenile Product sector. We find that management commitment to Safety, Product Safety culture and design...
