Showing 1 - 10 of 124
In May 2004 the CFO Forum harmonized the various efforts of reporting the embedded valueof life insurance companies by issuing the European Embedded Value (EEV) Principles.In this working paper a methodology is proposed to derive a maximum lending amountfrom EEV figures without much additional...
Persistent link: https://www.econbiz.de/10005026967
SMEs play a crucial role for European economies. The numbers show the high importance of SMEs for national economies. Accordingly, it is no surprise that the regulatory framework SMEs are imbedded in is the subject of an important political discussion. In the discussion it is frequently...
Persistent link: https://www.econbiz.de/10005027009
Persistent link: https://www.econbiz.de/10011889644
Persistent link: https://www.econbiz.de/10011859707
In recent extensions of the Darwinian paradigm into economics, the replicator-interactor duality looms large. I propose a strictly naturalistic approach to this duality in the context of the theory of institutions, which means that its use is seen as being always and necessarily dependent on...
Persistent link: https://www.econbiz.de/10009370741
This paper analyzes barriers for energy efficiency investments for small-and medium-sized enterprises (SMEs) in China. Based on a survey of 480 SMEs in Zhejiang Province, this study assesses financial, informational, and organizational barriers for energy efficiency investments in the SME...
Persistent link: https://www.econbiz.de/10009370742
The paper examines the interdependence of historical legacies and current contextual factors as determinants of economic and political performance. It shows that behavioral patterns based on identical legacies could lead to very different (if not the opposite) results in regions with different...
Persistent link: https://www.econbiz.de/10009368059
Cybersemiotics claims that the standard uses of the Shannon information concept as applied on systems with cognition and communication fail to account for the semantic dimension of semiosis. This argument does not properly recognize the role of entropy in semiosis. Entropy comes into full play...
Persistent link: https://www.econbiz.de/10008555995
Building on Lea and Webley’s drug theory of money, the paper connects different theoretical resources to develop a Darwinian theory of money. The central empirical observation is the neuroeconomic result of the independent role of money as a reinforcer, which matches with a series of other...
Persistent link: https://www.econbiz.de/10008555997
China is the odd man out in the research on social capital and economic performance. A brief survey of recent World Values Survey data depicts China to be a high-trust, achievement oriented society, which does not fit into popular pictures of rampant corruption and abuses of power. I argue that...
Persistent link: https://www.econbiz.de/10008555998