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Rezessionen sind ein fester Bestandteil der Wirtschaft und ihr Einfluss auf Unternehmen ist oft zerstörerisch. Die Autorin dieser Dissertation vertritt die Auffassung, dass Rezessionen nicht alle Unternehmen in gleicher Weise treffen. Stattdessen erweisen sich einige Unternehmen als...
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Bayesian learning provides a core concept of information processing in financial markets. Typically it is assumed that market participants perfectly know the quality of released news. However, in practice, news' precision is rarely disclosed. Therefore, we extend standard Bayesian learning...
Persistent link: https://www.econbiz.de/10003693046
We analyze how markets adjust to new information when the reliability of news is uncertain and has to be estimated itself. We propose a Bayesian learning model where market participants receive fundamental information along with noisy estimates of news' precision. It is shown that the efficiency...
Persistent link: https://www.econbiz.de/10009705512
Bayesian learning provides the core concept of processing noisy information. In standard Bayesian frameworks, assessing the price impact of information requires perfect knowledge of news’ precision. In practice, however, precision is rarely dis- closed. Therefore, we extend standard Bayesian...
Persistent link: https://www.econbiz.de/10003831212
Bayesian learning provides the core concept of information processing in financial markets. Typically, it is assumed that market participants know perfectly the quality of released news. However, in practice, news' precision is rarely disclosed. Therefore, we extend standard Bayesian learning,...
Persistent link: https://www.econbiz.de/10003761197
Motivated by recent developments to deploy collaborative robots in industrial production systems, we investigate the assembly line balancing problem with collaborative robots. The problem is characterized by the possibility that human and robots can simultaneously execute tasks at the same...
Persistent link: https://www.econbiz.de/10012257434