|
on Cultural Economics |
|
Issue of 2026–06–15
three papers chosen by Roberto Zanola, Università degli Studi del Piemonte Orientale |
| By: | Nic S Terblanche (SU - Stellenbosch University); Jean-Éric Pelet (IAE - IAE AMIENS); Laura Ehm (Weincampus Neustadt, Ludwigshafen University of Business and Society) |
| Abstract: | Purpose: This study investigates the resistance and negative attitudes of wine producers toward NFTs and Web3 technologies, based on a survey of French, German and South African wineries and industry experts of wine. Although blockchain-based innovations have begun to impact marketing in premium consumer markets, the wine industry appears to lag in adoption.•Design/methodology/approach: The main objective of this exploratory study was to investigate the reasons behind the resistance towards Web3 technologies, such as NFTs, blockchain, and decentralised platforms. A structured qualitative survey was used to collect data, which was then utilised to identify themes in the survey responses.•Findings: We identify, inter alia, key sources of resistance such as lack of knowledge and understanding, perceived irrelevance to wine craft, mistrust of technology, fear of consumer alienation, complexity and cost concerns and cultural and generational barriers.•Practical implications: The study contributes to the literature on digital transformation in traditional industries, highlighting the friction between artisanal heritage and emerging technologies. |
| Abstract: | Objectif : Cette étude examine la résistance et les attitudes négatives des producteurs de vin envers les NFT et les technologies Web3, sur la base d'une enquête auprès de vignobles français, allemands et sud-africains et d'experts de l'industrie du vin. Bien que les innovations basées sur la blockchain aient commencé à avoir un impact sur le marketing sur les marchés de consommation haut de gamme, l'industrie du vin semble être à la traîne en matière d'adoption.•Conception/méthodologie/approche : l'objectif principal de cette étude exploratoire était d'étudier les raisons de la résistance envers les technologies Web3, telles que les NFT, la blockchain et les plateformes décentralisées. Une enquête qualitative structurée a été utilisée pour collecter des données, qui ont ensuite été utilisées pour identifier les thèmes dans les réponses à l'enquête.•Résultats : Nous identifions, entre autres, les principales sources de résistance telles que le manque de connaissances et de compréhension, le manque de pertinence pour l'artisanat du vin, la méfiance à l'égard de la technologie, la peur de l'aliénation du consommateur, les problèmes de complexité et de coût et les barrières culturelles et générationnelles.•Implications pratiques : L'étude contribue à la littérature sur la transformation numérique dans les industries traditionnelles, mettant en évidence les frictions entre le patrimoine artisanal et les technologies émergentes. |
| Keywords: | Psychological and Functional Barriers to Innovation Acceptance, Cost, Country-Level Innovation Adoption, Innovation Resistance Theory, Web3 Technologies, NFTs |
| Date: | 2026–02–03 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05627524 |
| By: | Khan, Wahaj Ahmed; Siddiqui, Danish Ahmed |
| Abstract: | This study examines the impact of national culture on countries' attractiveness for money laundering using Hofstede's dimensions as independent variables through panel regression analysis. The data has been collected from multiple countries, the study reveals culture as an inherent factor determining a country's level of exposure to financial crime that operates separately from economic and institutional phenomena. While the relationship between Power Distance and money laundering attractiveness is negative, suggesting that countries with a high openness to centralized authority and have hierarchical culture can avoid being a target through the implementation of tough oversight. Uncertainty Avoidance has a positive relationship, implying that a country with a low avoidance culture may facilitate laundering by providing easy ways to exploit rigid systems. Other dimensions, including Individualism, Indulgence, Masculinity, and Long-Term Orientation, demonstrate the expected direction of the relationship but fail to reach statistical significance. This evidence provides more support for the proposition that cultural factors can have an impact on the efficiency of AML. The paper finishes with policy recommendations promoting the development of AML as an aspect of a country's culture-specific approach and further research suggestions. |
| Keywords: | Financial Crime, Hofstede, Money Laundering, National Culture |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:esprep:341069 |
| By: | Gregory J. Martin; Shoshana Vasserman; Cameron Pfiffer |
| Abstract: | Using a novel dataset covering the complete history of individual-level web traffic and digital subscriptions from a major metropolitan newspaper in the United States between 2020 and 2024, we investigate consumers' willingness to pay for different categories of news content, with particular focus on the kinds of coverage believed to generate civic externalities. Our identification strategy relies on the quasi-random arrival of paywall events which force consumers to subscribe if they wish to continue reading. Using this variation, we estimate a model of consumer demand and construct the optimal staff allocation for the paper under different counterfactual revenue models: a fully subscription-based model and a fully ad-supported model. Our results suggest that readers are willing to pay for local reporting, and that measures of demand based only on time-use substantially underestimate the value of “hard” news coverage on topics like local politics and public health. However, digital subscription revenues alone are insufficient to cover staff costs even at the highest revenue-generating sections of the paper. We use our model to estimate the subsidy required to expand the newspaper's production of investigative coverage. |
| JEL: | L23 L82 P0 |
| Date: | 2026–05 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:35289 |