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Problem-based learning is rather labor intensive for teaching staff. In addition, the problem-based structure does not work always optimally in practice. Brainstorming during pre-discussion of tasks becomes very superficial, preparation of the students is far from optimal, and post-discussion is...
Persistent link: https://www.econbiz.de/10011160417
A method to allocate the benefits to the players of a cooperative game is the Shapley value. Its computation demands the knowledge of all coaltion worths with certainty. This paper introduces the expected Shapley value, an extension of the Shapley to games were not all the worths are known with...
Persistent link: https://www.econbiz.de/10011160419
which economics oriented research has seen many applications. The application to auditing however is, as far as we know … stochastic frontier estimation. Using models from the well-known and established audit fee and audit production literature we … auditing, economics; audit production, cost and labor efficiency, stochastic frontier estimation Data availability: The data …
Persistent link: https://www.econbiz.de/10011160426
This article theoretically and empirically examines the antecedents and consequences of project learning during the new financial service innovation process. We analyze the impact of project learning on project performance and performance of the financial institution. Next we investigate the...
Persistent link: https://www.econbiz.de/10011160429
Mixed model assembly systems assemble products (parts) of differenttypes in certain prespecified quantities. A minimal part set is a smallestpossible set of product type quantities, to be called the multiplicities,in which the numbers of assembled products of the various types are inthe desired...
Persistent link: https://www.econbiz.de/10011160431
literature have thus far considered only lines that halt at all stations along their route. In this paper we introduce several …
Persistent link: https://www.econbiz.de/10011160434
Industrial branding has emerged as an important issue, allowing firms to gain substantial competitive advantage, especially in markets where product commoditization and electronic procurement are on the increase. This article proposes, and empirically validates, a theoretically structured...
Persistent link: https://www.econbiz.de/10011160439
Social environments constitute a framework in which it is possible to study how groups of agents interact in a society. The framework is general enough to analyse both non-cooperative and cooperative games. We identify a number of shortcomings of existing solution concepts that are used for...
Persistent link: https://www.econbiz.de/10011160441
The editors of Kyklos have asked the question: Is there a European economics? This short essay tries to give an answer … by first trying to provide a framework for a sensible answer in economics, and then following suit by illustrating how in … ORDO-approach, the sub-discipline of law and economics and the problem of European institutions as they are different from …
Persistent link: https://www.econbiz.de/10011160452
In this paper we consider the hypothesis that particular short-run co-movements indicationg that shocks have similar responses might only exist for a particular regime and not for the whole sample. A two-step procedure is set up to test and estimate the multi-regime common cyclical feature. This...
Persistent link: https://www.econbiz.de/10011160460