Search Results - subject:"complexity theory"

Towards multi-factor models of decision making and risk: A critique of Prospect Theory and related approaches, part III

Nwogugu, Michael - In: Journal of Risk Finance 6 (2005) May, pp. 267-274

Purpose – The purposes of this article are to evaluate models of stock market risk developed by Robert Engle, and related models (ARCH, GARCH, VAR, etc.); to establish whether prospect theory, cumulative prospect theory, expected utility theory, and market-risk models (ARCH, GARCH, VAR, etc.)...

Persistent link: https://www.econbiz.de/10005002405

Towards multi-factor models of decision making and risk: A critique of Prospect Theory and related approaches, part I

Nwogugu, Michael - In: Journal of Risk Finance 6 (2005) March, pp. 150-162

Purpose – To: evaluate Prospect Theory and Cumulative Prospect Theory as functional models of decision making and risk within various contexts; compare and analyze risk models and decision-making models; evaluate models of stock risk developed by Robert Engle and related models; establish...

Persistent link: https://www.econbiz.de/10005002433

Towards multi-factor models of decision making and risk: A critique of Prospect Theory and related approaches, part II

Nwogugu, Michael - In: Journal of Risk Finance 6 (2005) March, pp. 163-173

Persistent link: https://www.econbiz.de/10005002436

Energy Policies for Rural Electrification: A Social Multi-Criteria Evaluation Approach

munda, giuseppe; Russi, Daniela - Unitat d'Història Econòmica, Universitat Autònoma de … - 2005

In this article, a real-world case- study is presented with two general objectives: to give a clear and simple illustrative example of application of social multi-criteria evaluation (SMCE) in the field of rural renewable energy policies, and to help in understanding to what extent and under...

Persistent link: https://www.econbiz.de/10005004602

The Development of International Industry Clusters: A Complexity Theory Approach

Lindsay, Valerie - In: Journal of International Entrepreneurship 3 (2005) 1, pp. 71-97

Recent research on networks and clusters as distributive systems of knowledge is drawing on complexity theory as a way … of explaining the knowledge processes involved in these organizational forms. It appears that complexity theory and its … of complexity theory, drawing particularly on coevolutionary principles. It is suggested that these approaches provide a …

Persistent link: https://www.econbiz.de/10005705545

From process measurement to performance improvement

Robson, Ian - In: Business Process Management Journal 10 (2004) 5, pp. 510-521

This paper uses basic principles from complexity theory, psychology and management theory to demonstrate that many …

Persistent link: https://www.econbiz.de/10014687576

Strategy paradigms for the management of quality:dealing with complexity

Combe, Ian A.; Botschen, Günther - In: European Journal of Marketing 38 (2004) 5/6, pp. 500-523

Quality management is dominated by rational paradigms for the measurement and management of quality, but these paradigms start to “break down”, when faced with the inherent complexity of managing quality in intensely competitive changing environments. In this article, the various theoretical...

Persistent link: https://www.econbiz.de/10014722165

Marketing management in a complex adaptive system : An initial framework

Wollin, Drew; Perry, Chad - In: European Journal of Marketing 38 (2004) 5/6, pp. 556-572

This article explores how complexity theory can help marketers to understand a market and to operate within it …. Essentially, it argues that complexity theory has the potential to provide both global and some local explanations of markets and …

Persistent link: https://www.econbiz.de/10014722168

Systems theory and the common‐sense view of advisers

Mole, Kevin - In: Journal of Small Business and Enterprise Development 11 (2004) 1, pp. 114-120

UK Business Link provides bespoke advice to small to medium‐sized enterprises (SMEs) through business advisers. The Small Business Service’s consultation paper, “Integrating the business support infrastructure for SMEs”, advocated “customer‐driven, not supply‐led” publicly funded...

Persistent link: https://www.econbiz.de/10014902917

Legal, economic and psychological issues of accounting for employee stock options

Nwogugu, Michael - In: Managerial Auditing Journal 19 (2004) 9, pp. 1079-1118

This paper analyzes economic, legal, behavioral and public policy issues pertaining to the accounting for employee stock options. The paper explains why employee stock options (ESOs) are superior to other forms of incentive compensation, why ESOs in their present form are inefficient and why...

Persistent link: https://www.econbiz.de/10014928911