Zur Erstellung maßgeschneiderter Dienstleistungen ist die Mitwirkung des Kunden(Kundenintegration) unerlässlich. Dem Management von Kundenintegration auf Anbieterseitewird jedoch in der Praxis zu wenig Bedeutung beigemessen. Sie hat aberfundmentalen Einfluss auf die Effizienz und Effektivität...

Global agierende Publikumsgesellschaften werden zunehmend mit dem spezifischen Verhalteneiner kulturell diversen Investorenöffentlichkeit konfrontiert. Vor diesem Hintergrundwerden in vorliegender Publikation entsprechende Hypothesen in Bezug auf ausgewähltekulturell bedingte Probleme an der...

The aim of this study is to examine the underlying dimensions of self-stated attitudesand behaviour concerning everyday financial affairs, and classify individuals basedon those dimensions. A questionnaire was answered by 1282 respondents in the German-speaking part of Switzerland. The sample of...

Following [10] we continue the study of the problem of expected utility maximization in incomplete markets. Our goal is to find minimal conditions on a model and a utility function for the validity of several key assertions of the theory to hold true....

The paper shows how a particular optimization heuristic, called threshold accepting, can be successfully used to solve complex portfolio choice problems.

This paper finds out that the risk exposure of a trader subject to a VaR limit is always lower than that of an unconstrained trader and that the probability of extreme losses is also lower.

Structured financial products have gained more and more popularity in recent years, but nevertheless has their success so far notthoroughly been analyzed. In this article we develop a theoreticalframework for the design of optimal structured products and analyzethe maximal utility gain for an...

Market mechanisms are increasingly being used as a tool for allocating somewhat scarce but unpriced rights and resources, such as air and water. Tradable permits have emerged as the most cost effective measure leading to the emergence of both nationwide (SO2 ) and supranational (CO2 ) emission...