This study investigates the influence of perceived value and perceived risk on consumer intentions to purchase counterfeit luxury goods, drawing upon an integrated theoretical framework encompassing perceived value theory, risk perception theory, and consumer behavior models. Through a quantitative research design involving a structured survey and Structural Equation Modeling (SEM), the study examines the relationships among perceived value dimensions (functional, emotional, social, economic), perceived risk factors (financial, social, performance), consumer attitudes, and purchase intentions. The findings reveal that perceived value positively influences purchase intentions, with consumer attitudes acting as a critical mediating mechanism. Conversely, perceived risk negatively impacts purchase intentions, with this relationship also mediated by consumer attitudes. Furthermore, Bayesian Network analysis uncovers the indirect pathways through which perceived risk shapes purchase intentions via its influence on consumer attitudes. By integrating these theoretical frameworks and employing advanced analytical techniques, this study contributes to a comprehensive understanding of the complex decision-making processes underlying counterfeit luxury goods consumption. The findings provide valuable insights for policymakers, luxury brand managers, and consumer protection agencies in devising targeted strategies to address consumer perceptions of value and risk, ultimately mitigating the proliferation of counterfeit luxury goods.
This research study explores the addition of chromium (Cr6+) ions as a nucleating agent in the alumino-silicate-glass (ASG) system (i.e., Al2O3-SiO2-MgO-B2O3-K2O-F). The important feature of this study is the induction of nucleation/crystallization in the base glass matrix on addition of Cr6+ content under annealing heat treatment (600 ± 10 °C) only. The melt-quenched glass is found to be amorphous, which in the presence of Cr6+ ions became crystalline with a predominant crystalline phase, Spinel (MgCr2O4). Microstructural experiment revealed the development of 200–500 nm crystallite particles in Cr6+-doped glass-ceramic matrix, and such type microstructure governed the mechanical properties. The machinability of the Cr-doped glass-ceramic was thereby higher compared to base alumino-silicate glass (ASG). From the nano-indentation experiment, the Young’s modulus was estimated 25(±10) GPa for base glass and increased to 894(±21) GPa for Cr-doped glass ceramics. Similarly, the microhardness for the base glass was 0.6(±0.5) GPa (nano-indentation measurements) and 3.63(±0.18) GPa (micro-indentation measurements). And that found increased to 8.4(±2.3) (nano-indentation measurements) and 3.94(±0.20) GPa (micro-indentation measurements) for Cr-containing glass ceramic.
The initiation of tapering, sparked by heightened inflation in the United States, reverberates across global markets, with notable implications for Indonesia. This study delved into the nuanced impact of tapering on Sharia-compliant stocks in both Indonesia and Malaysia. The rationale behind selecting Sharia stocks for analysis lies in their composition, featuring companies boasting low debt-to-asset and equity ratios, thereby positing robust resilience in the face of the Federal Reserve’s implementation of tapering. Employing a time series dataset with a weekly sampling period spanning from January to September 2022, the analysis adopted the Error Correction Model (ECM) within a multiple regression framework to circumvent potential spurious regression pitfalls. The results of this study indicate that the impact of tapering off policy in Indonesia has a positive impact in the short term and long term, while in Malaysia it tends to be insignificant in the short term and has a positive impact from the US 10-year bond yield variable and a negative impact from US 1-Year Treasury Bills. This result is interesting because it differs from the general theory. The causal factors include the agility of the Indonesian central bank in maintaining the benchmark interest rate spread with the Fed, the economic stability of both countries, and the increasing trend of coal, with Indonesia being one of the largest producers of the commodity. Investors, in navigating these intricate dynamics, may find strategic insights derived from this research invaluable for shaping their investment decisions. while government policymakers may use them as a reference for shaping policies related to Sharia stock investments, including the incorporation of artificial intelligence.
Proper understanding of LULC changes is considered an indispensable element for modeling. It is also central for planning and management activities as well as understanding the earth as a system. This study examined LULC changes in the region of the proposed Pwalugu hydropower project using remote sensing (RS) and geographic information systems (GIS) techniques. Data from the United States Geological Survey's Landsat satellite, specifically the Landsat Thematic Mapper (TM), the Enhanced Thematic Mapper (ETM), and the Operational Land Imager (OLI), were used. The Landsat 5 thematic mapper (TM) sensor data was processed for the year 1990; the Landsat 7 SLC data was processed for the year 2000; and the 2020 data was collected from Operation Land Image (OLI). Landsat images were extracted based on the years 1990, 2000, and 2020, which were used to develop three land cover maps. The region of the proposed Pwalugu hydropower project was divided into the following five primary LULC classes: settlements and barren lands; croplands; water bodies; grassland; and other areas. Within the three periods (1990–2000, 2000–2020, and 1990–2020), grassland has increased from 9%, 20%, and 40%, respectively. On the other hand, the change in the remaining four (4) classes varied. The findings suggest that population growth, changes in climate, and deforestation during this thirty-year period have been responsible for the variations in the LULC classes. The variations in the LULC changes could have a significant influence on the hydrological processes in the form of evapotranspiration, interception, and infiltration. This study will therefore assist in establishing patterns and will enable Ghana's resource managers to forecast realistic change scenarios that would be helpful for the management of the proposed Pwalugu hydropower project.
This study explores the potential of digital preservation in the documentation of colonial cultural heritage in Egypt. It also explores the stories behind historical wars to revive these sites and attract different segments of visitors. Documentation of these sites should enhance Egyptian colonial cultural heritage sites, which include battlefields, war memorials, commanders’ palaces, assassination and murder spots, cemeteries, and mausoleums. The purpose of this study was fulfilled through field visits supplemented with in-depth interviews with experts on colonial heritage sites in Egypt. The findings showed that technology could play a key role in implementing the storytelling documentation and interpretation of colonial history and its relevant events at the Egyptian sites. However, to date, these sites have not made the best use of technology for digital preservation and documentation due to many challenges. The study recommends that decision-makers should integrate technological innovation, which can revitalize the communities built on the ruins of colonialism and revive the heritage of popular resistance. Technological innovation could be implemented not only in digital preservation and documentation but also in service and marketing of these colonial heritage sites.
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