infonet-economy

Student start-ups are a significant part of overall university entrepreneurship. Yet, we know little about the determinants of this type of start-ups and, specifically, the relevance of context effects. Drawing on organizational and regional context literature, we develop and test a model that aims to explain student entrepreneurship in a contextual perspective. Based on unique micro…

We consider a complex recyclable waste collection problem that extends the class of vehicle routing problems with intermediate facilities by integrating a heterogeneous fixed fleet and a flexible assignment of destination depots. Several additional side constraints, such as a mandated break period contingent on tour start time, multiple vehicle capacities, and site dependencies are…

We propose a new aspect of mobility that combines in a same journey and in real time a carpooling service and a traditional multi-modal transportation. This mix allows to improve and complete both services. The main idea of our approach is based on the traditional multi-modal path, in which we try to sequentially substitute some subpaths of traditional multi-modal transportation to…

Demand forecast is a critical determinant of order quantity under newsvendor problem (NVP) framework and warrants major revision in the event of changing circumstances or happening of some unforeseen events having potential to alter the demand. Retailers of single period products such as fashion apparels are required to pass their orders far ahead of selling seasons and apply…

The most common test for overconfidence in the form of miscalibration—the Interval Production task (IP)—is based on the assumption that people internalize requested confidence levels. We demonstrate experimentally that decision makers’ perceived confidence is, however, unaffected by variations in the requested confidence level. In addition, we find large heterogeneity in perceived…

We draw on a new data set on the use of Swiss francs and other currencies by European banks to assess the patterns of foreign currency bank lending. We show that the patterns differ sharply across foreign currencies. The Swiss franc is used predominantly for lending to residents, especially households. It is sensitive to the interest rate differential, exchange rate developments,…

We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by 7 percentage points. Analyzing potential explanations for this result, we document an increase in the pre-merger profitability of targets, a decrease in the size of acquirers and a decreasing share of transactions in which banks are acquired by other banks. Other…

This paper investigates the effects of an information campaign about a governmental rural development program (RDP) in the Former Yugoslav Republic of Macedonia on the farmers’ intention to participate in the RDP. In the course of a survey among farmers, the treatment group received an information brochure with relevant details on selected RDP measures, while the control group…

This study aims to examine the impact of an Integrated Financial System (ERP system) implementation on accountant profiles in Swiss public administrations. ERP systems are widely researched by authors and are described as a form of change driver. Conversely, the types of changes and, more specifically, the consequences on accountants’ profiles are not studied and are therefore the…