Modern Portfolio Theory (MPT) provides an elegant mathematical framework for the efficient portfolio allocation problem. Despite its exceptional popularity, MPT poses a number of well-documented problems in practical applications. Especially the fact that it generates notoriously extreme and...

Aufgrund des strategischen Potenzials und des geschäftlichen Nutzens von Big Data richten Unternehmen vermehrt ihre Aufmerksamkeit auf Big Data Analytics. Der Wert von Big Data Analytics, zum Beispiel zum Erfassen von Kundenwünschen und zum Liefern von maßgeschneiderten Diensten, scheint...

The PhD studies different empirical methods to detect bid-rigging cartels. It shows first that simple statistical screens perform very well to detect bid-rigging infringement. Second, the econometric method of Bajari, well established in the literature, produces poor results.

"This book provides knowledge and insights on present and future AI applications in Operations Management presenting tools and decisions in terms of theoretical and empirical models, methods and proposed applications"--Provided by publisher