Price instruments are well known policy handles to influence effectively residential water demand. Prices used to beset by water authorities in such a way that the principle of cost coverage was respected; they acted as prominentinstruments in residential water policies in the past decades. More...

We study the impact of transparency in a commodity market on the decision problem of a competitive firm under price uncertainty and hedging opportunities. Market transparency is modeled by means of the informational content of publicly observable signals which are correlated with the random...

The paper examines the economic role of market transparency on the decision problems of an international firm. Transparency is described in terms of the informativeness of a publicly observable signal. With higher transparency, the signal conveys more precise information about the random foreign...

Die internationale Beachtung der Forschungsergebnisse in der Wirtschaftsinformatik hat in den letzten Jahren an Bedeutung gewonnen. Dabei wird dem kritischen Diskurs ein wachsender Stellenwert eingeräumt. Hier gilt es, den wissenschaftlichen Nachwuchs in der Konzeption und Durchführung der...

On a very abstract level, an information system consists of a set of system elements which communicate with each other. Communication is an unproductive operation, so the time needed to communicate data should be kept as short as possible and, to put it in monetary terms, the opportunity costs...

The last financial crisis revealed anomalies in corporate ability to face adverse economic conditions and fast exchange of new developments. Relying mostly on accounting data for budgetary cost control, the Management found that the data, although fiscally correct and valid for strategic...

The study presents a general overview of the healthcare facility system of the Slovak Republic, especially in a field of the innovation process of the management information system, with a purpose of analysing the consistency and a unity of the system. The data applied in this analysis is...

In the context of firm decision-making, several motives for acquiring and conveying information exist. Information serves to make better decisions, to persuade, and to impress. In this paper, we study how these motives shape incentives to acquire and communicate information. We employ a...

The main purpose of the article is to motivate experts and researchers in the field of business informatics and logistics to interdisciplinary integration in order to develop a new concept of an information system that will help to strengthen a company's competitive ability. The article analyzes...

The medicinal and aromatic plants (MAPs) represent a very important sector for the Albanian economy. According the COMTRADE 2018 statistics, this sector exports rank the country at the 16-th position in the World, indicating that Albania has a very big economical potential in this area (Hoxha,...