This paper applies machine learning to forecast business cycles in the German economy using a high-dimensional dataset with 73 indicators, primarily from the OECD Main Economic Indicator Database, covering a time period from 1973 to 2023. Sequential Floating Forward Selection (SFFS) is used to...

Using a new SOEP-IS data module on digitalization including information on the prevalence of AI use in the workplace, this report shows that the term "artificial intelligence" often remains inscrutable in the day-to-day work of many employees. When asked directly about the use of digital systems...

Digitisation is not only transforming our society it is also having an impact on the environment: On the one hand, digitisation can improve the state of the environment for example through digitally optimised production processes. On the other hand, negative environmental rebound effects can...

Purpose: Due to the large number of intermediaries in logistics networks there is avariety of possible failures, frictions and waste of time and money among the logisticsprocess chain. With the ability to provide data securely in near real-time, liketrack and tracing data of goods to every...

Purpose: To meet rapidly changing requirements and increasing product complexity, a growing number of traditional companies and startups increases their agility by using agile methods. The logistics industry in particular is known to be a comparatively slow adapter to changes in general, but...

Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and competition. In this paper we provide the first empirical analysis of this relationship. We study Germany's retail gasoline market where algorithmic-pricing software became widely...

Economic theory provides ambiguous and conflicting predictions about the association between algorithmic pricing and competition. In this paper we provide the first empirical analysis of this relationship. We study Germany’s retail gasoline market where algorithmic-pricing software became...