The challenges of payment transactions in electronic commerce were initially underestimated, as is now clear in the light of technological progress and stricter legislation, meaning traditional business models are increasingly coming up against their limits. Only secure, user- friendly and...

We consider portfolio credit loss distributions based on a factor model for individual exposures and establish an analytic characterization of the credit loss distribution if the number of exposures tends to infinity. Using this limiting distribution, we explain how skewness and leptokurtosis of...

The Venture capital (VC) industry in India is of recent origin. However, the average investment value of each deal in India have grown from $3.85 million in 2000 to $7.89 million in 2001.These developments together with the recent steps taken by government to promote venture capitalism in India...

We consider portfolio credit loss distributions based on a factor model for individual exposures and establish an analytic characterization of the credit loss distribution if the number of exposures tends to infinity. Using this limiting distribution, we explain how skewness and leptokurtosis of...

We begin by examining the Internet-based electronic market of books, CD's, cattle and flowers in an attempt to understand some prerequisites of electronic commerce. Books and CD's are near ideal goods to be bought via the Internet - their characteristics can be easily captured by electronic...

Besides being a distribution medium for up-to-date information, the Internet provides professional communities of users with an infrastructure for collaborative work. An important problem, however, is that groups working over the Internet often fail to accomplish their goals. In this paper our...

This paper reports on the theoretical development and empirical validation of a measurement instrument for three core capabilities of IT departments. The instrument is based on the work of Feeny & Willcocks (1998) and includes the capabilities "IS/IT governance", "Business system thinking" and...

We begin by examining the Internet-based electronic market of books, CD’s, cattle and flowers in an attempt to understand some prerequisites of electronic commerce. Books and CD’s are near ideal goods to be bought via the Internet - their characteristics can be easily captured by electronic...

Besides being a distribution medium for up-to-date information, the Internet provides professional communities of users with an infrastructure for collaborative work. An important problem, however, is that groups working over the Internet often fail to accomplish their goals. In this paper our...

This paper reports on the theoretical development and empirical validation of a measurement instrument for three core capabilities of IT departments. The instrument is based on the work of Feeny & Willcocks (1998) and includes the capabilities "IS/IT governance", "Business system thinking" and...