"Will it help me sell more shoes?" - This response by the owner of a shoe factory when asked by a leader in Information Technology about acquiring a new IT device touches upon one of the most important points about IT and companies: should an organization invest in IT? If your answer is "yes",...

"Will it help me sell more shoes?" - This response by the owner of a shoe factory when asked by a leader in Information Technology about acquiring a new IT device touches upon one of the most important points about IT and companies: should an organization invest in IT? If your answer is "yes",...

Diese Arbeit wurde mit dem Ernst-Zander-Preis 2005 der Ruhr-Universität Bochum ausgezeichnet. Das Supply Chain Design als strategisches Supply Chain Management beinhaltet als wesentlichen Aspekt die Konfiguration der Supply Chain. Dabei sind die über eine Preisminimierung hinausgehenden...

We investigate the trade-off between the opportunity costs of decisions and their quality in a simple model. In a lab experiment, we introduce exogenous variation in the opportunity costs of time. Contrary to claims in the previous literature, we show that using more time when making small-stake...

An overview of risk -- Projects and project stakeholders -- Project risk management systems -- Project risk contexts and drivers -- Approaches to risk identification -- Project risk identification tools -- Project risk analysis and evaluation -- Risk response and treatment options -- Risk...

"Is it worth swimming in shark-infested waters to surf a 50-foot, career-record wave? Is it riskier to make an action movie or a horror movie? Should sex workers forfeit 50 percent of their income for added security or take a chance and keep the extra money? Most people wouldn't expect an...

The basics -- Uncertainty -- Risk management -- Risk assessment -- Risk communication -- Enterprise risk management -- Problem identification for risk management -- Brainstorming -- Economics for risk management -- Risk assessor's toolbox -- Art and practice of risk assessment modeling --...

The recent literature on individual and group choices over risk has led to different results. In some studies under unanimity, groups were found to be less risk averse than individuals, while those under majority did not highlight significant differences. However, both the types of studies...

Pestizide ermöglichen der Landwirtschaft gesteigerte Erträge, sie bergen jedoch auch Risiken für die menschliche Gesundheit und die Umwelt. Um diese Risiken zu begrenzen, müssen sie in einem Risikobewertungsverfahren ihre Sicherheit nachweisen, bevor sie zugelassen werden können. Die...