We use the geometric representation of factor models to represent the factor loading structure by sets corresponding to unit-specific non-zero loadings. We formulate global and local, rotational identification conditions based on set conditions. We propose two algorithms to efficiently evaluate...

The transition to a sustainable bioeconomy represents a crucial strategy for mitigating climate change and reducing dependence on fossil resources. Central to this strategy is the development of bio-based alternatives through innovative technologies, such as biorefineries. The success of this...

There is a growing focus on public health initiatives that prioritize wellbeing. The main question of our study is whether this, in its current form, can really represent a new response to the challenges of previous strategies, or whether there is a greater chance that it will essentially...

This chapter investigates the impact of digitalization on business development at global level. It focusses on establishing the relationship between various metrics of digitalization and revenue growth of the business sector. It uses secondary data that is taken from World Bank Reports on Trends...

Food security has been a major worry globally with a large and diversified population. The legal framework governing food security seeks to alleviate poverty, malnutrition, and fair access to food. Despite strong legal provisions, efficient execution of these regulatory procedures presents...

We develop a semismooth Newton framework for the numerical solution of fixed-point equations that are posed in Banach spaces. The framework is motivated by applications in the field of obstacle-type quasi-variational inequalities and implicit obstacle problems. It is discussed in a general...

This short contribution extends Smith et al.'s "Moral Moments Model" by adding a governance lens. We contend that compliance-based control systems (CBCSs) confine moral agency through rigid rules and narrow discretion, whereas virtue-based control systems (VBCSs) purposefully preserve...

This study examines the pro-environmental attitudes and behaviors of individuals across different age groups. We compare young adults with older adults in an online experiment with German participants. We use an incentivized task - the Work for Environment Protection task (WEPT) - to measure...

This paper describes a Growth-at-Risk (GaR) model of the Bundesbank for Germany. This model takes the form of a quantile regression that quantifies downside risk to German GDP growth associated with financial developments. A systematic comparison of diverse model specifications is performed to...

This chapter is based on module assessment through project-based learning. Project-based learning (PBL) is learner-centred and enables students to build their knowledge and capabilities, and acquire complete understanding of the module content. PBL in its simplest form usually culminates in a...