After the dramatic failures of the dot coms in 2000 and 2001, many observers were quick to report on the death of electronic commerce. Investor confidence sagged, stock prices of technology firms in nearly all of the related sectors suffered. In reality, the picture is not nearly as dismal as...

The purpose of this study is the investigation of the importance and impact of network structure, both, at the network level across days and at the node level across days and scenarios (stricken ARTIS participants) for the stability of payment systems in the face of operational shocks. The...

Main description: Der vorliegende Band vereint ausgewählte wirtschaftswissenschaftliche Publikationen von Wolfgang Schmitz aus vier Jahrzehnten. -- Motiviert wurden die wirtschaftsethischen Arbeiten insbesondere durch seine schon früh einsetzende wirtschaftspolitische Tätigkeit. 1950 trat er...