Mostrando recursos 1 - 10 de 10

  1. Forfeiting Democracy: The Case of Hungary

    Meyer, Michael

  2. Bewextra: Creating and Inferring Explicit Knowledge of Needs in Organizations

    Kaiser, Alexander; Kragulj, Florian
    We introduce a new methodological framework, called Bewextra, for the creation of the knowledge of needs in organizations. The development of our framework builds on theoretical engagement with literature from several disciplines including visioning and philosophy of needs as well as empirical data from vision development processes we have accompanied. To the best of our knowledge it is the first theoretical work that describes learning from an envisioned future and the generation of need knowledge as an abductive process in a methodologically replicable way. The advantages and practical implications of our method introduced are discussed in detail.

  3. Knowledge bases, multi-scale interaction and transformation of the Vienna medical cluster

    Tödtling, Franz; Sinozic, Tanja; Auer, Alexander
    The health sector and medical technologies are of an increasing importance in society and for regional and national economies. Much like other life sciences industries, the medical devices sector relies upon specific factors and knowledge processes that shape and support its innovation capabilities and competitiveness. Previous studies have shown that growth and innovation in this sector depend on specific local factors and conditions as well as on markets and knowledge-interdependencies at higher spatial scales. There is still a research gap on the detailed nature of these driving factors and relationships, however. In this research, we have investigated these issues for...

  4. The Economics and Ethics of Human Induced Climate Change

    Spash, Clive L.; Gattringer, Clemens
    Human induced climate change poses a series of ethical challenges to the current political economy, although it has often be regarded by economists as only an ethical issue for those concerned about future generations. The central debate in economics has then concerned the rate at which future costs and benefits should be discounted. Indeed the full range of ethical aspects of climate change are rarely even discussed. Despite recent high profile and lengthy academic papers on the topic the ethical remains at best superficial within climate change economics. Recognising the necessary role of ethical judgment poses a problem for economists who conduct exercises in cost-benefit analysis and...

  5. Macroeconomic Imbalances and Business Cycle Synchronization. Why Common Economic Governance is Imperative for the Eurozone

    Lukmanova, Elizaveta; Tondl, Gabriele
    This paper investigates a new category of influential factors on business cycle synchronization (BCS), so far hardly regarded in the BCS literature: It provides an empirical assessment of the impact of macroeconomic imbalances, as monitored by the European Commission by the scoreboard indicators since 2011, on BCS in the Euozone. We use a quarterly data set covering the period 2002-2012 and estimate the direct and indirect effects of macroeconomic imbalances in the pre- and post-crisis period in a simultaneous equations model. Business cycle correlation between EA members is measured by the recently proposed dynamic conditional correlation of Engle 2002 which...

  6. Credit Where Credit Is Due: An Approach to Education Returns Based on Shapley Values

    Barakat, Bilal; Crespo Cuaresma, Jesus
    We propose the use of methods based on the Shapley value to assess the fact that private returns to lower levels of educational attainment should incorporate prospective returns from higher attainment levels, since achieving primary education is a necessary condition to enter secondary and tertiary educational levels. We apply the proposed adjustment to a global dataset of private returns to different educational attainment levels and find that the corrected returns to education imply a large shift of returns from tertiary to primary schooling in countries at all income levels. (authors' abstract)

  7. Interest rates, corporate lending and growth in the Euro Area

    Tondl, Gabriele
    The sluggish development of corporate lending has remained the central concern of EU monetary policy makers as it is considered to hinder seriously the resurgence of growth. This paper looks at the development of loans to large corporations vs SMEs in the pre-crisis and post-crisis period and wishes to answer: (i) to which extent do allocated loan volumes actually contribute to Output growth? (ii) which factors determine the development of loans, considering above all loan interest rates? and (iii) what causes differences in loan interest levels across the EA? The results indicate that different loan developments in the EA explain...

  8. A data mining framework for targeted category promotions

    Reutterer, Thomas; Hornik, Kurt; March, Nicolas; Gruber, Kathrin
    This research presents a new approach to derive recommendations for segment-specific, targeted marketing campaigns on the product category level. The proposed methodological framework serves as a decision support tool for customer relationship managers or direct marketers to select attractive product categories for their target marketing efforts, such as segment-specific rewards in loyalty programs, cross-merchandising activities, targeted direct mailings, customized supplements in catalogues, or customized promotions. The proposed methodology requires cus- tomers' multi-category purchase histories as input data and proceeds in a stepwise manner. It combines various data compression techniques and integrates an opti- mization approach which suggests candidate product categories for segment-specific targeted marketing such that cross-category spillover effects for...

  9. Integration and Efficiency of European Electricity Markets: Evidence from Spot Prices

    Gugler, Klaus; Haxhimusa, Adhurim; Liebensteiner, Mario
    This paper seeks to investigate the current state of market integration among European electricity day-ahead spot prices. We provide reasoning that market integration brings about benefits, such as lower average prices and increased welfare from allocative efficiency. Yet, price convergence leads to higher prices in the low-price market and to lower prices in the high-price market, which creates winners and losers and thus makes the political implementation of market integration cumbersome. In our empirical analysis, we utilize a large sample of hourly spot prices of 25 European markets for the period 01.01.2010-30.06.2015 and combine it with other relevant data such...

  10. Arbeit außerhalb der Arbeitswelt - neue Organisationen im Rahmen sozialer Bewegungen am Beispiel Spaniens

    Simsa, Ruth
    Auf Basis von empirischer Feldforschung in Spanien diskutiert dieser Artikel organisationale Charakteristika von sozialen Bewegungsorganisationen. Soziale Bewegungsorganisationen gewinnen in quantitativer und qualitativer Hinsicht an Bedeutung. Sie haben häufig präfigurativen Charakter, d. h. sie versuchen, organisationalen Strukturen und Prozesse den angestrebten Zielen entsprechend zu gestalten. Der Artikel schließt mit Überlegungen, was aus den Experimenten und der Erfahrung dieser untypischen, sehr partizipativen und wenig hierarchischen Organisationen für die Führung und das Management auch von konventionellen Organisationen gelernt werden kann. (author's abstract)

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