Markets are undergoing a fundamental shift towards the end of the second millenium: inmany business branches the traditional market forms are supplemented - and in some of thembeing replaced in the long run - by new information age forms of business. Firms wanting tomeet this challenge are...

Information technology (IT) is enabling financial services companies and particularly banking firmsto create new forms of organizations. Both globalization of markets and more rigorous regulationthroughout the European Union such as recently the implementation of the European CapitalAdequacy...

The interdependence of technical and financial considerations poses a majorproblem for the development of appropriate decision support systems in businesspractice. In this paper, an application - with strategic importance for outsourcingproviders in information technology - is described...

1. Preface and Introduction -- 2. A Short Survey -- 3. A Discrete Model of Distribution and Wealth -- 3.1 The Cooperative Case -- 3.2 When Workers Control Wages -- 3.3 When Capitalists Control Investment -- 3.4 The Non-cooperative Case of Workers Controlling Wages and Capitalists Controlling...

This article is about individualising the process of giving advice to a retail customer in the field of asset allocation. With regard to this process, two main contributions are made by answering two questions. First, which objectives are relevant for a customer (beyond return and risk) and...