Angesichts der tiefgreifenden Änderungen der Transformationsprozesse im Finanzdienstleistungsbereich und in der betrieblichen Finanzwirtschaft sind innovative Financial-Management-Lösungen heute mehr denn je gefragt. Dieses Buch, welches sich gleichermaßen an Entscheidungsträger und...

1. Preface and Introduction -- 2. A Short Survey -- 3. A Discrete Model of Distribution and Wealth -- 3.1 The Cooperative Case -- 3.2 When Workers Control Wages -- 3.3 When Capitalists Control Investment -- 3.4 The Non-cooperative Case of Workers Controlling Wages and Capitalists Controlling...

This article is about individualising the process of giving advice to a retail customer in the field of asset allocation. With regard to this process, two main contributions are made by answering two questions. First, which objectives are relevant for a customer (beyond return and risk) and...

The goal of this study is to develop a recommendation for an incentive-compatible commission-system that rewards the value-based performance of the sales force in the financial services industry. The commission-system should ensure that every decision on customer-actions made by the sales force...