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hub. Approach: This paper presents the operation of a road haulage group. To deliver goods within two days to any location … Ordinary Differential Equations which decrypt the flow of goods inside the hub and which is consistent with available data … is also built and a way to couple hub models to build a hub network is depicted. Tests are carried out to show the …
Persistent link: https://www.econbiz.de/10008794200
Las nuevas teorías explicativas del desarrollo económico regional enfatizan la contribución al mismo de las variables endógenas. Entre éstas se cita la capacidad de generación y transmisión de las innovaciones de ciertos territorios. En este trabajo se analiza uno de los planteamientos...
Persistent link: https://www.econbiz.de/10008792511
Since the 1970s, the financial system has undergone deep structural changes. Innovation has been a key driver of these changes and most economists acknowledge that the impact has been positive overall. However, each time a financial crisis arises, the debate is on. Derivatives especially, which...
Persistent link: https://www.econbiz.de/10010605339
Purpose - The purpose of this paper is to highlight the potentials offered by New Product Committees for the development of responsible innovation in the financial services industry; and to provide grounds for policy recommendations. Design/methodology/approach - The paper takes the form of...
Persistent link: https://www.econbiz.de/10010820476
Building on Smith (1989), we describe the social processes surrounding a new financial OTC derivatives market, the market for credit derivatives. We show that in contradiction with more traditional derivatives, credit derivatives generate ambiguities of a cognitive and political nature. By...
Persistent link: https://www.econbiz.de/10008789381
In this contribution, it is shown that the ambivalence of institutional factors relatively to financial instability appears early in Minsky's first works, more precisely in the late fifties. The argument is developed in two main steps. First, on the basis of Minsky's analysis, I investigate the...
Persistent link: https://www.econbiz.de/10008789491