Vienna University of Economics and Business
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Aspekte der Hundehaftpflichtversicherung in Wien aus Kundensicht - Ergebnisse einer empirischen Studie (150 Probanden/-innen) einschließlich aller Datensätze / Aspects of Dog Liability Insurance in Vienna from Customers' Perspective - Results from an Empirical Study (150 Respondents) Including the Complete Database / Nr. 19 der „Wiener Beiträge zur Betriebswirtschaftlichen Versicherungswissenschaft“ (WrBtrgBwVersWiss)
Outsourcing in humanitarian logistics – status quo and future directions
Purpose – Outsourcing of logistics has great importance in disaster relief. Aid agencies spend several billion
US dollars every year on logistics services. However, the concept of outsourcing has not been established
adequately in literature on humanitarian logistics, leading to a fragmented view of the practice. This paper
provides a holistic perspective of the concept by constructing a conceptual framework to analyze both practice
and research of outsourcing in humanitarian operations. Based on this analysis, we explore future trends and
identify research gaps.
Design/methodology/approach – The paper is based on a structured review of academic literature, a tworound
Delphi study with 31 experts from aid agencies and a complementary full-day focus group with twelve
experts from aid agencies and logistics service providers.
Findings – The paper systemizes the current practice of outsourcing in humanitarian logistics according to a
conceptual framework of five dimensions: subject, object, partner, design and context. In addition, it reveals ten
probable developments of the practice over the next years. Finally, it describes eight important research gaps
and presents a research agenda for the field.
Research limitations/implications – The literature review considered peer-reviewed academic papers.
Practitioner papers could provide additional insights into the practice. Moreover, the Delphi study focused on
the perspective of aid agencies. Capturing the views of logistics service providers in more detail would be a
valuable addition.
Originality/value – The paper establishes the academic basis for the important practice of outsourcing in
humanitarian logistics. It highlights essential research gaps and, thereby, opens up the field for future research
Polarization in Networks: Identification-alienation Framework
We introduce a model of polarization in networks as a unifying setting for the measurement of polarization that covers a wide range of applications. We consider a substantially general setup for this purpose: node-and edge-weighted, undirected, and connected networks. We generalize the axiomatic characterization of Esteban and Ray (1994) and show that only a particular instance within this class can be used justifiably to measure polarization in networks.Series: Department of Strategy and Innovation Working Paper Serie
On the power of ethics: How value-based thinking fosters creative and sustainable IT innovation
The digital transformation of the economy pressures companies to come up with convincing value propositions for investors and customers and to defend a competitive position in an environment of start-ups. While the need for creativity abounds in this environment, innovation needs to accommodate not only hyped technical advancements, but also higher human needs and values. In a two-study mixed-method research project covering three IT case studies––a digital toy, a food-delivery app and a telemedicine system––we show that the product planning approach from value-based engineering, which is inspired by utilitarianism, virtue ethics, and deontology, significantly increases creative output and ethical foresight, especially when compared to traditional product roadmapping practices. In the value-based approach participants considered a diverse set of stakeholders and took potential adverse effects into account, while at the same time acknowledging a broad range of value classes including individual and social values as well as unique value ideas. While instrumental values with a technical and economic focus (e.g. IT security or efficiency) dominated ideas from the traditional product roadmapping approach, participants acknowledged higher principles with intrinsic value (e.g. freedom or personal growth) when employing value-based product planning. This paper not only presents results on the creative power that can be unleashed by taking different ethical perspectives in a value-based approach, but also includes an inventory of values with detailed descriptions and classifications. With this, we hope to inspire future value-oriented research and innovation projects and conclude with implications for both value-oriented frameworks and traditional innovation practices.Series: Working Papers / Institute for IS & Societ
The COMPASS self-check tool. Enhancing organizational learning for responsible innovation through self-assessment
In the face of increasingly complex and dynamic environments, companies are continuously challenged to learn and adapt, particularly in the area of responsible innovation. This chapter introduces a diagnostic self-assessment tool to support companies in facing these challenges by drawing on insights from organizational learning and responsible innovation. In the context of innovation, self-assessment can enhance organizational learning with a view to foster an organizational culture and innovation capabilities that in turn have a positive effect on innovation performance measures. The COMPASS self-check tool therefore aims to enable learning by translating the concept of responsible innovation into concrete corporate practices and policies, ascribing them to specific business functions. The systematic deconstruction of responsible innovation into observable practices allows the COMPASS self-check tool to go beyond existing learning tools and supports companies in aligning responsible innovation with business realities
The impact of monetary policy on expectations along the yield curve
This article investigates how market participants adjust their expectations of interest rates at different maturities in response to a monetary policy and a central bank information shock for the US economy. The results show that market participants adjust their expectations faster to changes in interest rates compared to new releases of information by the central bank. This finding could imply that central bank information shocks are more opaque whereas a change in interest rates provides a stronger signal to the markets. Moreover, financial market agents respond with an initial underreaction to both shocks, potentially resembling inattention or overconfidence. Last, we find that the adjustment of expectations for yields with higher maturities takes considerably longer than for short-term yields. This finding is especially important for central banks since in the current low-interest rate environment monetary policy actions mainly consist of policies aimed at the long-end of the yield curve.Series: Department of Economics Working Paper Serie
Artists’ Labour Market and Gender: Evidence from German visual artists
Using comprehensive data from German visual artists, we provide strong empirical evidence of a gender gap in revenues. We find that female artists have significantly lower revenues from the art market and are about ten percentage points less likely to remain in the top category over three years. This gap persists in the most prominent art forms and is more pronounced for younger artists. Only 30 to 40 percent of these gaps can be explained by differences in observable characteristics. We also find differences in the networking behaviour of the artists of different genders: females are connecting more, whereas males tend to create tighter links, suggesting the importance of the latter for the art market.Series: Department of Economics Working Paper Serie
Net Neutrality and High-Speed Broadband Networks: Evidence from OECD Countries
Series: Working Papers / Research Institute for Regulatory Economic
A Conversation about COVID-19 with Economists, Sociologists, Statisticians, and Operations Researchers
The COVID-19 pandemic is causing economic and social change. Moderated by David Banks, the Director of the Statistical and Applied Mathematical Sciences Institute (SAMSI), six eminent scientists who study different aspects of social change and public policy came together to discuss the impacts of the COVID-19 pandemic on the U.S. and the world. The discussion took a range of quantitative perspectives on how to respond to the crisis and to forecast what challenges lie ahead. Specific topics include the role of data science, strategies for beginning to reopen the economy, the international impact of the disease, and its effect upon universities
The PIOLab: Building global physical input-output tables in a virtual laboratory
Informed environmental-economic policy decisions require a solid understanding of the economy’s biophysical basis. Global physical input-output tables ( gPIOTs) collate a vast array ofinformation on the world economy’s physical structure and its interdependence with the environment. However, building gPIOTs requires dealing with mismatched and incompleteprimary data with high uncertainties, which makes it a time-consuming and labor-intensive endeavor. We address this challenge by introducing the PIOLab: A virtual laboratory for building gPIOTs. It represents the newest branch of the Industrial Ecology virtual laboratory (IELab) concept, a cloud-computing platform and collaborative research environment through which participants can use each other’s resources to assemble individual input-output tables targeting specific research questions. To overcome the lack of primary data, the PIOLab builds extensively upon secondary data derived from a variety of models commonly used in Industrial Ecology. We use the case of global iron-steel supply chains to describe the architecture of the PIOLab and highlight its analytical capabilities. A major strength of the gPIOT is its ability to provide mass-balanced indicators on both apparent/direct and embodied/indirect flows, for regions and disaggregated economic sectors. We present the first gPIOTs for 10 years (2008-2017), covering32 regions, 30 processes and 39 types of iron/steel flows. Diagnostic tests of the data reconciliation show a good level of adherence between raw data and the values realized in the gPIOT. We conclude with elaborating on how the PIOLab will be extended to cover other materials and energyflows.Series: Ecological Economic Paper