300 research outputs found
Straf- und ordnungswidrigkeitenrechtliche Erwägungen zur Bereitstellung von Informationen vor Pakettransaktionen.
No full textDie Due Diligence im Sinne einer professionellen, intensiven und ganzheitlichen Unternehmensanalyse zählt heute zum Standard bei M&A-Transaktionen. Benjamin Pesch setzt sich im Kontext sogenannter Pakettransaktionen zunächst mit der strafrechtlichen Bewertung der Bereitstellung der zwecks Due Diligence erforderlichen Informationen durch die Vorstandsmitglieder einer Aktiengesellschaft auseinander. Dabei wird deutlich, dass die Bereitstellung eine Gratwanderung darstellt und im Wesentlichen dann nicht mit Strafbarkeitsrisiken verbunden ist, wenn sie bzw. der zu erwartende Aktionärswechsel im Unternehmensinteresse liegt. Zum anderen wirft Pesch die Frage auf, ob im benannten Kontext eine wertpapierhandelsrechtliche Publizitätspflicht der Aktiengesellschaft mit der Folge eines ordnungswidrigkeitenrechtlichen Risikos für die Vorstandsmitglieder besteht. In vielen Fällen wird allerdings bei Wahrung der Vertraulichkeit der Informationen ein Aufschub der Veröffentlichung in Betracht kommen.»Criminal and Administrative Considerations Regarding the Provision of Information before Package Transactions«Due Diligence in terms of a professional, intensive and holistic analysis of a corporation is nowadays a standard procedure in M&A-transactions. In context of so-called package transactions Benjamin Pesch examines whether there are criminal risks for board members of a German stock corporation providing information necessary for the due diligence and whether the German stock corporation is subject of an obligation to publicly disclose leading to administrative risks for the board members
Economic Impact of Locally-Sourcing Retailers
No full textExtension's research is informed by the programs and partnerships we have with communities across the state. Learn more at extension.umn.edu.Tuck, Brigid; Winchester, Benjamin S; Pesch, Ryan. (2019). Economic Impact of Locally-Sourcing Retailers. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/211423
Supporting Cooperative Traffic Information Systems through Street-Graph-based Peer-to-Peer Networks
No full textIn this paper we present a novel peer-to-peer system specifically designed to support the unique properties of traffic information systems. We discuss important design decisions, such as update strategies and algorithms for dynamic vehicular route planning. Our system is then assessed using a combination of network (OverSim/OMNeT++) and road traffic (SUMO) simulators. We discuss the network load required by our system and show the benefits—in terms of travel time savings—that users can expect from it
Tertiary patterns in inclined layer convection
No full textConvection in an inclined layer generates various types of spatio-temporal patterns due to interaction of buoyancy and shear. At small angles of incline, the secondary instability of the uniform base state occurs in the form of buoyancy dominated longitudinal rolls. Above a critical angle of incline marking a co-dimension 2 point, shear driven transverse roll instabilities take over as the secondary instabilities. Computing the location of the co-dimension 2 point for varying thermal driving and inclination angle and determining all secondary bifurcations together with the resulting tertiary states allows to characterize the nonlinear phase diagram of inclined layer convection system. The semi-analytically computed phase diagram quantitatively matches experimental observations by Daniels et al. Close to the co-dimension 2 point, a subcritical secondary bifurcation leading to bistability is identified. In the bistable region, heteroclinic cycles generate bursting behavior
A reply to ‘green shame: The next moral revolution?’
No full textAccepted Author ManuscriptEthics & Philosophy of Technolog
Understanding Braess’ Paradox in power grids
No full textThe ongoing energy transition requires power grid extensions to connect renewable generators to consumers and to transfer power among distant areas. The process of grid extension requires a large investment of resources and is supposed to make grid operation more robust. Yet, counter-intuitively, increasing the capacity of existing lines or adding new lines may also reduce the overall system performance and even promote blackouts due to Braess’ paradox. Braess’ paradox was theoretically modeled but not yet proven in realistically scaled power grids. Here, we present an experimental setup demonstrating Braess’ paradox in an AC power grid and show how it constrains ongoing large-scale grid extension projects. We present a topological theory that reveals the key mechanism and predicts Braessian grid extensions from the network structure. These results offer a theoretical method to understand and practical guidelines in support of preventing unsuitable infrastructures and the systemic planning of grid extensions
Lung cancer among coal miners, ore miners and quarrymen: Smoking-adjusted risk estimates from the synergy pooled analysis of case?control studies
No full textThis work was supported by the German Social Accident Insurance (DGUV) (grant FP 271). Grant sponsors of the individual studies were the Canadian Institutes of Health Research and Guzzo-SRC Chair in Environment and Cancer; the Fondation de France; the German Federal Ministry of Education, Science, Research, and Technol- ogy and the Ministry of Labour and Social Affairs; EC’s INCO-COPERNICUS Program; Polish State Committee for Science Research; Roy Castle Foundation; NIH/ NCI/DCEG Intramural Research Program; Lombardy Region; INAIL and the European Union Nuclear Fis- sion Safety Program; Italian Association for Cancer Research, Region Piemont, Compagnia di San Paolo; Europe Against Cancer Program; the Swedish Council for Work Life Research and the Swedish EPA; the Uni- versity of Oviedo, CIBERESP, and FISS-PI060604; MH CZ-DRO (MMCI, 00209805).Taeger, D., Pesch, B., Kendzia, B., Behrens, T., Jöckel, K.-H., Dahmann, D., Siemiatycki, J., Kromhout, H., Vermeulen, R., Peters, S., Olsson, A., Brüske, I., Wichmann, H.-E., Stücker, I., Guida, F., Tardón, A., Merletti, F., Mirabelli, D., Richiardi, L., Pohlabeln, H., Ahrens, W., Landi, M.T., Caporaso, N., Pesatori, A.C., Mukeriya, A., Szeszenia-Dabrowska, N., Lissowska, J., Gustavsson, P., Field, J., Marcus, M.W., Fabianova, E., Mannetje, A.T., Pearce, N., Rudnai, P., Bencko, V., Janout, V., Dumitru, R.S., Foretova, L., Forastiere, F., McLaughlin, J., Demers, P., Bueno-De-Mesquita, B., Schüz, J., Straif, K., Brüning, T
Institutions of justice and intuitions of fairness: contesting goods, rules and inequalities
No full textThis paper examines the intrinsic relation between institutions and social justice. Its starting point is that processes of institutionalization invoke societal groups to articulate justice demands which, in their turn, give rise to processes of institutional redesign. In liberal democracies, demands for justice are articulated as a pursuit for emancipation and empowerment of groups that feel excluded by dominant categorizations. The imminent presence of this twin pursuit for justice can be explained by the conceptual inconsistencies that characterize the distinction between the public and private sphere. These inconsistencies also explain why demands for emancipation and empowerment are intrinsically ambiguous and inconsistent. In order to reconsider the question how institutions are to be adapted to allow for social justice while acknowledging the plurality, ambiguity and volatility of justice demands, the paper will propose an empirical and normative research agenda.Ethics & Philosophy of Technolog
The Good Life and Climate Adaptation
No full textThe need to adapt to climate change brings about moral concerns that according to ‘eco-centric’ critiques cannot be resolved by modernist ethics, as this takes humans as the only beings capable of intentionality and rationality. However, if intentionality and rationality are reconsidered as ‘counterfactual hypotheses’ it becomes possible to align modernist ethics with the eco-centric approaches. These counterfactual hypotheses guide the development of institutions, so as to allow the pursuit of a ‘good life’. This mean that society should be organized as if humans are intentional and, following Habermas’s idea of ‘communicative rationality’, as if humans are capable of collective deliberation. Given the ecological challenges, the question becomes how to give ecological concerns a voice in deliberative processesEthics & Philosophy of Technolog
Paradigms and paradoxes: The futures of growth and degrowth
No full textPurpose: The purpose of this paper is to introduce three storylines that address the relation between economic growth, technical innovation and environmental impact. The paper assesses if and how these storylines as guiding visions increase our range of future orientations. Design/methodology/approach: The paper first explains its general outline and then explores different strands of literature to arrive at its analytical conclusions. Findings: Pursuing the three storylines in a paradigmatic articulation creates paradoxes. The growth paradigm focuses on economic growth as its main goal. To overcome environmental degradation, products have to be substituted by environmentally friendly alternatives, but the continuous substitution of finite resources seems unlikely possible. The storyline of innovation sees technological development as a driver of economic progress, and holds that innovations allow the decoupling of economic growth from environmental impact, a claim that is compromised by the occurrence of rebound effects. The degrowth storyline holds that economic growth has to be stopped altogether, but is unclear how this can be done. Originality/value: By articulating paradigmatic perspectives as storylines, a new understanding on how these perspectives can be figured as a constructive repertoire of guiding visions and not as mere theory-based descriptions.Ethics & Philosophy of Technolog
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