Publications des institutions partenaires
Die strategische Perspektive der Industrialisierung
In der Vergangenheit hat die Versicherungsbranche
zur Verbesserung der technischen
Ergebnisse vornehmlich auf traditionelle
Konzepte und Effizienzsteigerungsmassnahmen
gesetzt. Angesichts der anstehenden
Herausforderungen scheint jedoch zukünftig
eine konsequente Anwendung industrieller
Methoden entlang der gesamten Wertschöpfungskette
...
Institution partenaire
Deutsch / 01/09/2007
Does the Choice of Performance Measure Influence the Evaluation of Hedge Funds
The Sharpe ratio is adequate for evaluating investment funds when the returns of those funds are normally distributed and the investor intends to place all his risky assets into just one investment fund. Hedge fund returns differ significantly from a normal distribution. For this reason, other performance measures for hedge fund returns have been proposed in both the academic and...
Institution partenaire
English / 01/09/2007
An empirical analysis of the decision to train apprentices
It is a widely held belief that apprenticeship training represents a net investment for training firms, the cost of which needs to be recouped after the training period. A new firm-level data set for Switzerland reveals large variation in net costs across firms and, remarkably, negative net costs for 60 per cent of all firms. We use these data to estimate the effect of net costs on...
Institution partenaire
English / 30/08/2007
Anlagestiftungen im Vergleich: neue Performancestudie
Institution partenaire
Deutsch / 28/08/2007
Valuation and Bidding of Hydro Power Plants in the EEX
Institution partenaire
English / 27/08/2007
Who Should Pay for Postal Services? Tax Payers vs. Senders vs. Receivers
Mandating universal service requires the public to decide what services people should have and what prices they should pay. Postal services have traditionally been financed by charging the senders only, while recent steps in the liberalization of the postal sector forced policymakers to find a broader financial basis for postal services. The existence of a receiver externality, the...
Institution partenaire
English / 27/08/2007
Emerging language strategies in multilingual organizations
Institution partenaire
English / 23/08/2007
Familieneinfluss und Performance privat gehaltener Familienunternehmen
Die Bedeutung von Familienunternehmen in westlichen Volkswirtschaften erfährt eine zunehmende Anerkennung. Je nach Definition der Familienunternehmen finden sich Anteile von rund 80% aller Unternehmen, welche als Familienunternehmen bezeichnet werden können (Colli, 2003).
Eine der zentralen Fragen, welche Forscher in den letzten Jahren im Forschungsfeld Familienunternehmen...
Institution partenaire
Deutsch / 13/08/2007
Die volkswirtschaftliche Bedeutung der Familienunternehmen in der Schweiz
Institution partenaire
Deutsch / 13/08/2007
Rhetoric and Organizational Success: Imagery, Creativity, and Innovation
Institution partenaire
English / 08/08/2007
Decisions in the Construction Process of the Residential Building Environment: Development of a Static and Dynamic Model
The residential building environment accounts to a large extent for the emission of greenhouse gases. In Switzerland, 27% of the carbon dioxide emissions are generated for heating houses, providing warm water and electricity. The employment of state of the art energy efficient technologies can reduce these emissions
significantly. Why are the technologies not applied on a...
Institution partenaire
English / 02/08/2007
Human motivation and social cooperation: experimental and analytical foundations
Since Durkheim, sociological explanations of social cooperation emphasize the internalization of values that induce norm compliance. Since Adam Smith, economic explanations of social cooperation emphasize incentives that induce selfish individuals to cooperate. Here we develop a general approach – the Beliefs, Preferences, and Constraints approach – showing that each of the above...
Institution partenaire
English / 01/08/2007
The role of landscape amenities in regional development: a survey of migration, regional economic and hedonic pricing studies
Quality of life factors continue to gain importance in residential location decisions as well as location decisions of firms. One such factor is an attractive local landscape. The aim of this paper is to provide a survey of the empirical literature on the role of landscape amenities in local economic change. Following common amenity definitions, we define landscape amenities as...
Institution partenaire
English / 01/08/2007
Regime Switching based Portfolio Selection for Pension Funds
This paper shows how a mean variance criterion can be applied to a multi period setting in order to obtain efficient portfolios in an asset and liability context. The optimization model allows for rebalancing activities, transaction costs, stochastic volatilities for both assets and liabilities. Furthermore, a general framework for the projection of pension fund liabilities as well...
Institution partenaire
English / 01/08/2007
Corporate Governance and Financial Reporting (mit Leibfried, Peter)
This paper examines the link between financial reporting and corporate governance. Based on empirical examples of the recent confidence crisis in financial reporting and within an information economics framework, the fundamental case is being established. Then, the core elements of financial reporting are being presented. Based on an analysis of various international accounting...
Institution partenaire
English / 01/08/2007
Zur Einführung des Aktivenbegriffes durch das neue Aktien- und Rechnungslegungsrecht in das Schweizer Gesetz
Institution partenaire
Deutsch / 01/08/2007
Optimal structures for social systems
Purpose: This paper seeks to propose an innovative approach to the assessment of the effectiveness of organizational structures.
Design/methodology/approach: Explores a concept fro the measurement of the fractal dimensionality of living organisms, applying it from biology to social organizations.
Findings: The fractal dimensionality of an organization normally lies in the...
Institution partenaire
English / 01/08/2007
Taxation, insurance, and precautionary labor
We examine optimal taxation and social insurance with adverse selection in competitive insurance markets. In a previous literature, it has been shown that, with perfect insurance markets, social insurance improves welfare since it is able to redistribute without creating distortions. This result has been taken as robust to the introduction of adverse selection as this would only...
Institution partenaire
English / 01/08/2007
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