In view of the growing number of people with a migration background, continuing education organizations are faced with strategic tasks of intercultural opening. These tasks require leaders to initiate and expand integration-promoting teaching work, to promote the intercultural sensitization of...

On the basis of integral representations we propose fast numerical methods to solve the Cauchy problem for the stochastic wave equation without boundaries and with the Dirichlet boundary conditions. The algorithms are exact in a probabilistic sense.

On the basis of integral representations we propose numerical methods to solve the stochastic wave equation and the stochastic Klein-Gordon equation. The algorithms are exact in a probabilistic sense.

Es ist nur wenige Jahre her, da wurden Familienunternehmen noch mitleidigbelächelt. Sie seien provinziell, mit ihrer tradierten Firmenkultur unattraktiv fürdie besten Talente und ohne Kapitalmarktzugang zum Scheitern verurteilt. Heuteweiß man es besser – denn wie anders ist es zu erklären,...

Firmen führen zunehmend Verhaltensstandards und Benimmregeln ein. Für Kommunikationsprofis ist dies eine anspruchsvolle Aufgabe - mit zahlreichen Stolperfallen. [...]

We first describe the state of the art of organizational learning, mentioning the theories and types of it. The need of organizational learning, contributing processes and the main processes are further explained. Various methods of organizational learning are introduced. A template for a short...

We compare two stylized frameworks for the implementation of monetary policy. The first framework relies only on standing facilities, and the second one relies only on open market operations. We show that the Friedman rule cannot be implemented in the first framework, but can be implemented...

This paper considers the welfare effects of introducing a liquidity-saving mechanism (LSM) in a real-time gross settlement (RTGS) payment system. We study the planner’s problem to get a better understanding of the economic role of an LSM and find that an LSM can achieve the planner’s...