infonet-economy

This article aims to demonstrate and explain how distinct approaches to coping with complexity vary in their effectiveness. The different strategies are evaluated as to their respective capabilities of absorbing complexity. Virtuous versus vicious ap-proaches are distinguished.

Multichannel distribution is now rather the rule than the exception. Different channels may enable customers to match their needs with a specific channel type, increase customer satisfaction and lead to higher turnovers. Numerous authors argue that the value creation contribution of the multichannel system could be enhanced when companies actively steer their customers into the most…

The paper investigates the consequences of outsourcing of labor intensive activities to low-wage economies. This trend challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance markets are missing. The main results are: (i) outsourcing raises unemployment and labor income risk of unskilled workers; (ii) it…

The purpose of this paper is to introduce and conceptualize the topic of Model-Based Management (MBM) in organizations. The importance of qualitative and quantitative models for management is highlighted, and a research agenda for this new topic is proposed. This agenda promises to make a contribution to the use of models for higher managerial effectiveness. The role of models for…

Bis zum "Wort des Jahres 2008" hat es die Finanzkrise geschafft. Finanzkrise war somit das Wort, welches die öffentliche Diskussion in 2008 besonders bestimmt hat. Ohne Zweifel kann der Ausdruck Finanzkrise auch zum "M&A-Wort des Jahres 2008" gekürt werden. Schliesslich wurde das Geschehen auf dem Markt für Unternehmenskontrolle im vergangenen Jahr…