Zinssätze und Anleihen -- Futures und Forwards -- Swaps -- Optionen -- Grundlegende Modelle der Optionsbepreisung -- Kritische Analyse bestehender Finanzmodelle und problematische Entwicklungen auf den Finanzmärkten.

"The modern financial system was developed to support the rapid economic growth that took off about 200 years ago with the phenomenal amounts of cheap energy made available through the exploitation of fossil fuels. As a result, its viability is completely dependent upon the continuation of that...

Preface to the German Edition -- Preface to the English Edition -- Introduction -- Part I: Money and the Market -- Part II: Market and Production -- Part III: Money and Production in the Dynamics of the Growth Spiral - Growth Imperative and Growth Impetus -- Summary and Outlook -- References

This book presents the foundations for the future of tourism in a structured and detailed format. The who-is-who of tourism intelligence has collaborated to present a definitive blueprint for tourism reflecting the role of science, market institutions, and governance in its innovation and...

This book provides a detailed and up-to- date analysis of the current and near-future domestic economic situation in China based on the concept of “New Normal”, which was first proposed by Chinese President Xi Jinping and which is commonly used in discussions on China’s current economy....

Emil Kraft analyses the French capacity remuneration mechanism design and develops a capacity market model that draws upon an agent-based simulation. The capacity mechanism was implemented to mitigate the imminent risk to the security of supply and to complement the electricity markets. The...

During the 1990s Francis Fukuyama announced the end of history. The 2000s showed how it is an illusion to imagine a peaceful world without conflict. In this book, the authors explore how six major constraints are set to fix the trajectory of the global economy. Three of them are new: the aging...

Rapid changes in business along with better informed customers threaten the traditional sales and procurement process. Thousands of sales and procurement people are threatened with extinction, yet all is not destined to be doom and gloom. A new way of partnering between these two roles can, in...

By analyzing the status quo of the industrial economy, this book argues that the economic growth in China’s industrial economy will continue to decline, with industries becoming segmented more rapidly, profitability slumping, and economic structures being adjusted further. It also provides...

Max Otte vermittelt in diesem Buch wichtiges Grundwissen zum Wirtschaftssystem der Bundesrepublik Deutschland, zur Funktionsweise von Geld- und Kapitalmärkten und zur Wirtschaftsethik und macht fundierte Vorschläge für Reformen. Damit ist dieses Werk ein dringend notwendiges Korrektiv, denn...