Business models often transform due to adaptation in response to external changes. However, relatively little is known about what causes these types of adaptations. We suggest that threat-rigidity as well as prospect theory have the potential to explain what causes business model adaptation in...

Investment and insurance constitute pivotal subjects in financial management, especially in an era characterized by inflation. Unit-Linked Insurance Plans (ULIPs), with a unique combination of investment risks and insurance protection, potentially trigger distinct psychological processes that...

Direct-to-customer sales provide higher returns, maximising the profitabil-ity of wine businesses. While recent research has expanded the understanding of the sales relationship developed during a cellar door experience, individual influences on this relationship remain under-researched. The...

This contribution presents the results of a survey among +6,000 German-speaking fans of heavy metal music. Apart from better understanding this community's demographics, the survey aims to answer three questions: Does metalheads' big five personality differ from the general population? Does the...

Purpose - A paternalistic employer is one that looks down on its employees and expects them to do everything their way. On the other hand, the job demand-resource (JD-R) model, developed by Arnold Bakker and Evangelia Demerouti, has been widely used in the last decade to characterize the...

Social preferences depend on emotional states like compassion and anger. Since emotions are fleeting and subject to manipulation, they may generate demand for commitment. We investigate the use of commitment strategies in an online experiment (n = 1, 400), where subjects decide to watch or avoid...

This study aims to address the common issue of biased estimation errors in time series modeling by analyzing the error in locating ideal hyperparameters and defining appropriate validation methods. Specifically, it focuses on predicting the stock price of Bank Rakyat Indonesia using a...

We combine modern methods from Speech Emotion Recognition and Natural Language Processing with high-frequency financial data to precisely analyze how the vocal emo- tions and language of ECB President Mario Draghi affect the yields and yield spreads of major euro area economies. This novel...

Identifying sensitive periods in which the returns to investments into skills are especially high is challenging, but crucial for an effective and efficient timing of parental or public investments aimed at fostering children’s skills. We can detect sensitive periods with a novel design by...

This systematic review investigates sentiment analysis of news headlines in the banking sector, a field susceptible to public sentiment, as demonstrated by phenomena like bank runs leading to rapid deposit withdrawals. We trace the evolution of analytic methods from traditional machine learning...

Karsten Müller and Carlo Schwarz (2022) investigate the impact of Twitter on anti-Muslim hate crimes, demonstrating that higher Twitter usage correlates with increased hate crimes, particularly during Donald Trump's political rise. Their findings highlight social media's ability to amplify...