Die Patentfähigkeit von Arzneimitteln

der gewerbliche Rechtsschutz für pharmazeutische, medizinische und biotechnologische Erfindungen

Regional convergence in the European Union

facts, prospects and policies

Stochastic modeling and optimization

with applications in queues, finance, and supply chains

This book covers the broad range of research in stochastic models and optimization. Applications covered include networks, financial engineering, production planning and supply chain management. Each contribution is aimed at graduate students working in operations research, probability, and statistics

Incomplete information and heterogeneous beliefs in continuous-time finance

This book considers the impact of incomplete information and heterogeneous beliefs on investor's optimal portfolio and consumption behavior and equilibrium asset prices. After a brief review of the existing incomplete information literature, the effect of incomplete information on investors' exptected utility, risky asset prices ...

European regional growth

This book is the outcome of three major influences. First, the ongoing integration of the European regional economies and the need to understand what this means for European economic and social cohesion. Second, the development of geo-economic theories ranging from neoclassical growth theory and endogenous ...

Computer-aided introduction to econometrics

Labor markets and social security

issues and policy options in the U.S. and Europe

These continue to be difficult times for the labor markets of the industrialized nations. Shifts in labor demand, deregulatory impulses, and the ongoing process of globalization have each impacted the labor markets of the United States and Europe. In the face of the globalization of ...

Industrial excellence

management quality in manufacturing

Advances in economic design

This volume gathers some of the finest and most recent research in economic and political design. Among the authors are several most prominent academics as well as many new and promising researchers. They investigate social choice and electoral systems, auctions, matching, bargaining, coalitional stability and ...

Collaborative customer relationship management

taking CRM to the next level

Driven by rapidly changing business environments and increasingly demanding consumers, many organizations are searching for new ways to achieve and retain a competitive advantage via customer intimacy and CRM. In this context, new strategic frameworks and cooperation with everybody along the whole value chain are ...

Marketing 2.0

strategies for closer customer relationships

The dynamic changes in the market and the competitive environment demand a reorientation of marketing strategies. Developing and cultivating direct customer relationships and building customer trust are becoming key success factors. With new technologies such as broadband internet and mobile communication, companies are able to ...

Elementary probability theory

with stochastic processes and an introduction to mathematical finance

An introductory textbook on probability theory and its applications. The text examines basic concepts such as probability measure, random variable, distribution and expectation, fully treated without technical complications. Both the discrete and continuous cases are covered, but only the elements of calculus are used in ...

Nonlinear time series

nonparametric and parametric methods

This book presents the contemporary statistical methods and theory of nonlinear time series analysis. The principal focus is on nonparametric and semiparametric techniques developed in the last decade. It covers the techniques for modelling in state-space, in frequency-domain as well as in time-domain. To reflect ...

Knowledge management

concepts and best practices

The Fraunhofer Competence Center Knowledge Management presents in this second edition its up-dated and extended research results on business- process oriented knowledge management, pro-active change management, KM strategy, knowledge structuring and KM audit, reviews the latest advancements in measuring intellectual capital and classifies more than ...

Global governance

an architecture for the world economy

Globalization deeply affects economic structures and raises the issue of how governments should respond to new challenges. In this book, various ways of improving the institutional setup for global governance are discussed by renowned experts. The discussion focuses on further liberalizing international trade, preventing international ...

Asset prices, booms and recessions

financial market, economic activity and the macroeconomy

The book studies the interaction of the financial market, economic activity and the macroeconomy from a dynamic perspective. The financial market to be studied here encompasses the money and bond market, credit market, stock market and foreign exchange market. Economic activity is described by the ...

ICM Millennium lectures on games

This volume gathers together 26 selected papers from the International Congress of Mathematicians´ 1st Satellite Conference on Game Theory and its Applications (2002). It contains four sections: Foundations, Concepts, and Structure; Equilibrium Properties; Applications to the Natural and Social Sciences; Computational Aspects of Games. The ...

Information dissemination in currency crises

As the complexity of financial markets keeps growing, so does the need to understand the decision-making and the coordination of the exsuing actions in the marketplace. In particular, the disclosure of information to market participants and its impact on the market outcome mertis attention. This ...

Foreign direct investment in the real and financial sector of industrial countries

A collection of papers on the determinants and consequences of foreign direct investment (FDI) in the real and financial sectors of industrial countries. The text sheds new light on the determinants of FDI, in particular the role of governmental incentives. Another main topic is the ...

The real exchange rate and prices of traded goods in OECD countries

Real exchange rate changes - resulting either from shifts in nominal exchange rates or increases in costs that are asymmetric across countries - are the primary focus of this text. The book shows how exchange rates and local production costs are passed through into import prices. It ...

Financial markets theory

equilibrium, efficiency and information

Financial Markets Theory presents classical asset pricing theory, a theory composed of milestones such as portfolio selection, risk aversion, fundamental asset pricing theorem, portfolio frontier, CAPM, CCAPM, APT, the Modigliani-Miller Theorem, no arbitrage/risk neutral evaluation and information in financial markets. Starting from an analysis ...

On global aging

Old-age income systems in the EU and other major parts of the world

Virtually all countries in the world are experiencing an aging of their populations due to declining fertility rates and rising longevity. Aging has been the subject of much discussion in the last decade, often expressed in alarmist language. On Global Aging presents a more optimistic ...