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Stable and Efficient Cubature-based Filtering in Dynamical Systems

The book addresses the problem of calculation of d-dimensional integrals (conditional expectations) in filter problems. It develops new methods of deterministic numerical integration, which can be used to speed up and stabilize filter algorithms. With the help of these methods, better estimates and predictions of latent variables are made possible in the fields of economics, engineering and physics. The resulting procedures are tested within four detailed simulation studies.

Agency Theory, Information, and Incentives

Agency Theory is a new branch of economics which focusses on the roles of information and of incentives when individuals cooperate with respect to the utilisation of resources. Basic approaches are coming from microeco­ nomic theory as well as from risk analysis. Among the broad variety of ap­ plications are: the many designs of contractual arrangements, organiza­ tions, and institutions as well as the manifold aspects of the separation of ownership and control so fundamental for business finance. After some twenty years of intensive research in the field of information economics it might be timely to present the most basic issues, questions, models, and applications. This volume Agency Theory, Information, and Incentives offers introductory surveys as well as results of individual rese­ arch that seem to shape that field of information economics appropriately. Some 30 authors were invited to present their subjects in such a way that students could easily become acquainted with the main ideas of informa­ tion economics. So the aim of Agency Theory, Information, and Incentives is to introduce students at an intermediate level and to accompany their work in classes on microeconomics, information economics, organization, management theory, and business finance. The topics selected form the eight sections of the book: 1. Agency Theory and Risk Sharing 2. Information and Incentives 3. Capital Markets and Moral Hazard 4. Financial Contracting and Dividends 5. External Accounting and Auditing 6. Coordination in Groups 7. Property Rights and Fairness 8. Agency Costs.

Information und Wirtschaftlichkeit: Wissenschaftliche Tagung des Verbandes der Hochschullehrer für Betriebswirtschaft e. V. an der Universität Hannover 1985

Kassendisposition und Wertpapieranlage (neue betriebswirtschaftliche forschung (nbf) #7)

Unternehmensbewertung und Komplexitätsreduktion

Unternehmensbewertung und Komplexitätsreduktion

Theatre Institutions in Crisis: European Perspectives

Theatre Institutions in Crisis examines how theatre in Europe is beset by a crisis on an institutional level and the pressing need for robust research into the complex configuration of factors at work that are leading to significant shifts in the way theatre is understood, organised, delivered, and received. Balme and Fisher bring together scholars from different disciplines and countries across Europe to examine what factors can be said to be most common to the institutional crisis of European theatre today. The methods employed are drawn from systems theory, social-scientific approaches, economics and statistics, theatre and performance, and other interpretative approaches (hermeneutics), and labour studies. This book will be of great interest to researchers, students, and practitioners working in the fields of performance and theatre studies. It will be particularly relevant to researchers with a particular interest in European theatre and its networks.

Theatre Institutions in Crisis: European Perspectives

Theatre Institutions in Crisis examines how theatre in Europe is beset by a crisis on an institutional level and the pressing need for robust research into the complex configuration of factors at work that are leading to significant shifts in the way theatre is understood, organised, delivered, and received. Balme and Fisher bring together scholars from different disciplines and countries across Europe to examine what factors can be said to be most common to the institutional crisis of European theatre today. The methods employed are drawn from systems theory, social-scientific approaches, economics and statistics, theatre and performance, and other interpretative approaches (hermeneutics), and labour studies. This book will be of great interest to researchers, students, and practitioners working in the fields of performance and theatre studies. It will be particularly relevant to researchers with a particular interest in European theatre and its networks.

Regulating Financial Derivatives: Clearing and Central Counterparties (Elgar Financial Law series)

The financial crisis, which spanned 2007 and 2008, may have occurred ten years ago but the resulting regulatory implications are yet to be implemented. This book isolates the occurrences of the derivatives market, which were implied as the core accelerator and enabler of the global financial crisis. Offering a holistic approach to post-crisis derivatives regulation, this book provides insight into how new regulation has dealt with the risk that OTC derivatives pose to financial stability. It discusses the effects that post-crisis regulation has had on central counterparties and the risk associated with clearing of OTC derivatives. Alexandra G. Balmer offers a novel solution to tackle the potential negative externalities from the failure of a central counterparty and identifies potential new risks arising from post-crisis reforms. Comprehensive and astute, this book will provide legal and financial scholars, academics and lawyers with much food for thought. National supervisors and regulators will also benefit from an understanding of general market risks and factors affecting exposure to such risks.

Foundations of Corporate Heritage

Heritage is increasingly recognised as a significant corporate concern, with corporate heritage brands and identities often forming an important part of a nation's patrimony. Foundations of Corporate Heritage explains the principles, processes, strategic significance – and challenges – of corporate heritage formation and management. This scholarly but accessible anthology includes seminal articles on the territory and also includes five new contributions with questions for study and reflection with students on executive/taught courses in mind. With contributions from the leading international experts in corporate heritage, this book examines the research foundations of the area and applications in practice. It will be important supplementary reading for students, practitioners and specialists in corporate marketing brand management and marketing communications, as well as tourism, hospitality and heritage studies.

Foundations of Corporate Heritage

Heritage is increasingly recognised as a significant corporate concern, with corporate heritage brands and identities often forming an important part of a nation's patrimony. Foundations of Corporate Heritage explains the principles, processes, strategic significance – and challenges – of corporate heritage formation and management. This scholarly but accessible anthology includes seminal articles on the territory and also includes five new contributions with questions for study and reflection with students on executive/taught courses in mind. With contributions from the leading international experts in corporate heritage, this book examines the research foundations of the area and applications in practice. It will be important supplementary reading for students, practitioners and specialists in corporate marketing brand management and marketing communications, as well as tourism, hospitality and heritage studies.

Sustainable Management of Manufacturing Systems in Industry 4.0 (EAI/Springer Innovations in Communication and Computing)

This book provides a comprehensive exchange of information on current developments in the field of sustainable management of manufacturing systems and Industry 4.0. The authors’ ambition is to establish channels of communication and disseminate knowledge among professionals working in smart manufacturing and related institutions. The book brings together world-leading academics and practitioners from the fields of engineering, infrastructure planning, manufacturing management, and economics. The unique combination of fields and disciplines focused on Industry 4.0 provides presents opportunities to create a bridge between science and practice.

Fact and Fancy in International Economic Relations: An Essay on International Monetary Reform

Fact and Fancy in International Economic Relations: An Essay on International Monetary Reform is written during 1971-2 in collaboration with Peter Balacs. It is a sequel to the Theoretical Introduction to, and the Historical Analysis of, a collection of essays Unequal Partners. This essay rebuts in particular the view that full employment and stability could be reconciled by, on the one hand, a combination of monetary and fiscal policies, and, on the other, the adoption of floating (or 'crawling' or 'adjustable') exchange rates. Emphasis is placed on the importance of the given historical situation, of the pattern of anticipations, in determining the outcome of the readjustment process after some disruption.

Marketing for Hospitality and Tourism, Global Edition

For courses in Hospitality Marketing, Tourism Marketing, Restaurant Marketing, or Hotel Marketing. Marketing for Hospitality and Tourism, 7/e is the definitive source for hospitality marketing.Taking an integrative approach, this highly visual, four-color book discusses hospitality marketing from a team perspective, examining each hospitality department and its role in the marketing mechanism. These best-selling authors are known as leading marketing educators and their book, a global phenomenon, is the leading resource on hospitality and tourism marketing. The Seventh Edition of this popular book includes new and updated coverage of social media, destination tourism and other current industry trends, authentic industry cases, and hands-on application activities.

A Legal Guide to United States Business Organizations: The Law of Partnerships, Corporations, and Limited Liability Companies

This volume provides an overview of United States federal and state law governing business organizations. The chapters take the reader through a step-by-step exposition of the most basic sole proprietorships to the most complex multi-tiered conglomerates. Among the business organizations treated are partnerships with their various modalities (general partnerships, limited partnerships, limited liability partnerships), corporations (including closely held corporations, public corporations and other variations) and limited liability companies. The case law and statutes governing the full menu of business organizations are systematically analyzed and presented. Leading cases at both the federal and state level as well as model legislation such as the Uniform Partnership Act and enacted legislation are further examined. Other topics covered include Agency and partnerships, Accounting, taxation and finance, Startup corporations and venture capital, Fiduciary duties and shareholder control, Mergers and acquisitions.

Sourcing of Services: International Aspects and Complex Categories (Einkauf, Logistik und Supply Chain Management)

Lydia Bals identifies different types of offshoring, concluding that the buy option of offshore outsourcing versus hybrid or make options is directly related to purchasing. Her in-depth analysis specifically focuses on the sourcing of marketing services. In this context, the investigations of purchasing/marketing integration provide a conceptual model of barriers to purchasing involvement in sourcing of services. Moreover, she seeks to shed light on issues of providing incentives for advertising agencies from an agency theory perspective.

Implementing Triple Bottom Line Sustainability into Global Supply Chains

The global sustainability challenge is urgent, tremendous and increasing. From an ecological perspective, the current worldwide resource footprint requires approximately 1.5 planets to sustain existing life, and with current usage would require two planets by 2030. The social impact of ever-growing resource use disproportionately affects the world’s poor – the 3 billion people living on less than $2.50 a day, as they struggle to acquire what is needed to survive. The serious ecological and social challenges we face in trying to establish global sustainable supply chains must not be underestimated, yet so far research has largely ignored the social dimension in favour of the environmental and economic. So how can we develop business strategies that move away from a primary economic focus and give equal weight to people, planet and profit? How can we create sustainable supply chains that take a true triple-bottom-line approach?Implementing Triple Bottom Line Sustainability into Global Supply Chains features innovative research, highlighting new cases, approaches and concepts in how to successfully implement sustainability – covering economic, ecological and social dimensions – into global supply chains. The four parts cover the rationale for sustainable global supply chains, key enablers, case studies showing clear implementation steps, and directions for future research and development.This book is a must-read for any academic researching in sustainable supply chain management, procurement or business strategy, and for business leaders seeking cases that will inform a critical step forward for CSR programmes.

Implementing Triple Bottom Line Sustainability into Global Supply Chains

The global sustainability challenge is urgent, tremendous and increasing. From an ecological perspective, the current worldwide resource footprint requires approximately 1.5 planets to sustain existing life, and with current usage would require two planets by 2030. The social impact of ever-growing resource use disproportionately affects the world’s poor – the 3 billion people living on less than $2.50 a day, as they struggle to acquire what is needed to survive. The serious ecological and social challenges we face in trying to establish global sustainable supply chains must not be underestimated, yet so far research has largely ignored the social dimension in favour of the environmental and economic. So how can we develop business strategies that move away from a primary economic focus and give equal weight to people, planet and profit? How can we create sustainable supply chains that take a true triple-bottom-line approach?Implementing Triple Bottom Line Sustainability into Global Supply Chains features innovative research, highlighting new cases, approaches and concepts in how to successfully implement sustainability – covering economic, ecological and social dimensions – into global supply chains. The four parts cover the rationale for sustainable global supply chains, key enablers, case studies showing clear implementation steps, and directions for future research and development.This book is a must-read for any academic researching in sustainable supply chain management, procurement or business strategy, and for business leaders seeking cases that will inform a critical step forward for CSR programmes.

Circular Economy Supply Chains: From Chains to Systems

A circular economy perspective embraces a notion that we design everything to be reused for as long as possible, and then recaptured and repurposed when reuse is no longer possible. Designing for a circular economy ecosystem requires a more holistic, integrative viewpoint, spanning all aspects of design and development and considering many supply chain actors, far beyond that of traditional supply chains. Circular Economy Supply Chains highlights the need for cross-industry flows and the need for different actors (beyond producers and consumers) in circular value cycles. While biomimicry provides the structure for organizing the book, individual chapters build on other theoretical lenses and concepts, such as stakeholder theory. This book intends to move beyond a buyer-supplier view, embracing a holistic network or ecosystem view, to consider a cross-industry system perspective, where there is a diversity of actors needed for a working ecosystem. This edited book offers a comprehensive overview of system components and actors, including how the circular economy adds value, the role of producers and consumers, the spectrum of recovery possibilities to return products back to the consumption supply chain, and the essential role of information management.

Strategies in Sustainable Tourism, Economic Growth and Clean Energy

This book provides an in-depth analysis of and discussion about the relationship between green tourism, economic growth and globalization. It explores numerous topics relating to tourism including transport efficiency, foreign direct investment, clean energy, climate change dynamics and advances in sustainable tourism management. The book begins with discussion of sustainable tourism and economic growth, particularly focusing on management strategies. It then presents the relationship between energy use and tourism, looking at green energy and energy shock. It then discusses transport efficiency, tourism efficiency and financial growth in both developed and developing countries. This book is of interest to researchers, policymakers, and postgraduate students in the areas of energy, environmental and tourism economics.

An Introduction to Executive Compensation

General readers have no idea why people should care about what executives are paid and why they are paid the way they are. That's the reason that The Wall Street Journal, Fortune, Forbes, and other popular and practitioner publications have regular coverage on them. This book not only proposes a reason--executives need incentives in order to maximize firm value (economists call this "agency theory")--it also describes the nature and design of executive compensation practices. Those incentives can take the form of benefits (salary, stock options), perquisites (reflecting the status of the executive within the organizational culture. This book is important because it takes the elements of an executive compensation package apart, analyzing them in the contexts of both economic theory and corporate practice and then explains how, under varying conditions, one might construct a compensation package that optimizes an executive's and a corporation's performance.Key Features* Presents an objective analysis of current executive compensation practices * Comprehensively reviews of academic literature and extant practice* Explains and illustrates the various components of the compensation package* Discusses the incentive, financial reporting, tax, political, equity, and firm value effects of those components

Computer Performance Engineering: 10th European Workshop, EPEW 2013, Venice, Italy, September 16-17, 2013, Proceedings (Lecture Notes in Computer Science #8168)

This book constitutes the refereed post-proceedings of the 10th European Performance Engineering Workshop, EPEW 2013, held in Venice, Italy, in September 2013.The 16 regular papers presented together with 8 short papers and 2 invited talks were carefully reviewed and selected from 33 submissions. The Workshop aims to gather academic and industrial researchers working on all aspects of performance engineering.Original papers related to theoretical and methodological issues as well as case studies and automated tool support are solicited in the following areas: performance modeling and evaluation, system and network performance engineering, and software performance engineering.

Analysis of Queueing Networks with Blocking (International Series in Operations Research & Management Science #31)

Queueing network models have been widely applied as a powerful tool for modelling, performance evaluation, and prediction of discrete flow systems, such as computer systems, communication networks, production lines, and manufacturing systems. Queueing network models with finite capacity queues and blocking have been introduced and applied as even more realistic models of systems with finite capacity resources and with population constraints. In recent years, research in this field has grown rapidly. Analysis of Queueing Networks with Blocking introduces queueing network models with finite capacity and various types of blocking mechanisms. It gives a comprehensive definition of the analytical model underlying these blocking queueing networks. It surveys exact and approximate analytical solution methods and algorithms and their relevant properties. It also presents various application examples of queueing networks to model computer systems and communication networks. This book is organized in three parts. Part I introduces queueing networks with blocking and various application examples. Part II deals with exact and approximate analysis of queueing networks with blocking and the condition under which the various techniques can be applied. Part III presents a review of various properties of networks with blocking, describing several equivalence properties both between networks with and without blocking and between different blocking types. Approximate solution methods for the buffer allocation problem are presented.

The Fight for Ethical Fashion: The Origins and Interactions of the Clean Clothes Campaign (The Mobilization Series on Social Movements, Protest, and Culture)

From consumer boycotts and buycotts to social movement campaigns, examples of individual and collective actors forging political struggles on markets are manifold. The clothing market has been a privileged site for such contention, with global clothing brands and retailers being targets of consumer mobilization for the past 20 years. Labels and product lines now attest for the ethical quality of clothes, which has, in turn, given rise to ethical fashion. The Fight for Ethical Fashion unveils the actors and processes that have driven this market transformation through a detailed study of the Europe-wide coordinated campaign on workers’ rights in the global textile industry - the Clean Clothes Campaign. Drawing on insights from qualitative fieldwork using a wide range of empirical sources, Philip Balsiger traces the emergence of this campaign back to the rise of ’consumer campaigns’ and shows how tactics were adapted to market contexts in order to have retailers adopt and monitor codes of conduct. By comparing the interactions between campaigners and their corporate targets in Switzerland and France (two countries with a very different history of consumer mobilization for political issues), this ground-breaking book also reveals how one campaign can provoke contrasting reactions and forms of market change.

The Fight for Ethical Fashion: The Origins and Interactions of the Clean Clothes Campaign (The Mobilization Series on Social Movements, Protest, and Culture)

From consumer boycotts and buycotts to social movement campaigns, examples of individual and collective actors forging political struggles on markets are manifold. The clothing market has been a privileged site for such contention, with global clothing brands and retailers being targets of consumer mobilization for the past 20 years. Labels and product lines now attest for the ethical quality of clothes, which has, in turn, given rise to ethical fashion. The Fight for Ethical Fashion unveils the actors and processes that have driven this market transformation through a detailed study of the Europe-wide coordinated campaign on workers’ rights in the global textile industry - the Clean Clothes Campaign. Drawing on insights from qualitative fieldwork using a wide range of empirical sources, Philip Balsiger traces the emergence of this campaign back to the rise of ’consumer campaigns’ and shows how tactics were adapted to market contexts in order to have retailers adopt and monitor codes of conduct. By comparing the interactions between campaigners and their corporate targets in Switzerland and France (two countries with a very different history of consumer mobilization for political issues), this ground-breaking book also reveals how one campaign can provoke contrasting reactions and forms of market change.