University of Munich

Displaying 41-51 of 51 results

  • White Papers // Aug 2009

    Default Risk And Equity Returns: A Comparison Of the Bank-Based German And The U.S. Financial System

    The authors address the question whether the impact of default risk on equity returns depends on the financial system firms operate in. They compare results from asset pricing tests for the German and the U.S. stock markets, where Germany is the prime-example for a bank-based financial system. They find that...

    Provided By University of Munich

  • White Papers // Jul 2009

    Look Into My Eyes! Can You Guess My Password?

    Authentication systems for public terminals - and thus public spaces - have to be fast, easy and secure. Security is of utmost importance since the public setting allows manifold attacks from simple shoulder surfing to advanced manipulations of the terminals. In this paper, the authors present Eye-PassShapes, an eye tracking...

    Provided By University of Munich

  • White Papers // Jul 2009

    Periodic Pattern Analysis in Time Series Databases

    Similarity search in time series data is used in diverse domains. The most prominent work has focused on similarity search considering either complete time series or certain subsequences of time series. Often, time series like temperature measurements consist of periodic patterns, i.e. patterns that repeatedly occur in defined periods over...

    Provided By University of Munich

  • White Papers // Jul 2009

    Techniques for Efficiently Searching in Spatial, Temporal, Spatio-temporal, and Multimedia Databases

    This paper provides a comprehensive and comparative overview of general techniques to efficiently support similarity queries in spatial, temporal, spatio-temporal, and multimedia databases. In particular, it identifies the most generic query types and discusses general algorithmic methods to answer such queries efficiently. In addition, the tutorial sketches important applications of...

    Provided By University of Munich

  • White Papers // Jul 2009

    Index-Supported Similarity Search Using Multiple Representations

    Similarity search in complex databases is of utmost interest in a wide range of application domains. Often, complex objects are described by several representations. The combination of these different representations usually contains more information compared to only one representation. In the paper, the authors introduce the use of an index...

    Provided By University of Munich

  • White Papers // Jul 2009

    Similarity Search in Multimedia Time Series Data Using Amplitude-Level Features

    Effective similarity search in multi-media time series such as video or audio sequences is important for content-based multi-media retrieval applications. The authors propose a framework that extracts a sequence of local features from large multi-media time series that reflect the characteristics of the complex structured time series more accurately than...

    Provided By University of Munich

  • White Papers // Jan 2009

    Open Source Public Sector Business Intelligence Systems

    Business Intelligence (BI) solutions are wide spread in private organizations. In Public Administrations (PA), however, only first steps towards strategic management support are undertaken. While PA are often obliged to implement New Public Management (NPM) approaches, such as new accounting systems or an output-oriented management, in order to collect management-relevant...

    Provided By University of Munich

  • White Papers // Dec 2008

    How to Inform the Point of Single Contact? - A Business Process Based Approach

    The EU-Service-Directive will lead to big challenges for public administrations. The administrations have to offer a point of single contact supporting the customer. This point of single contacts needs an overview of the administrational processes to perform his task. As processes from different organizations and organizational units are relevant for...

    Provided By University of Munich

  • White Papers // Aug 2008

    Business Process Model-Based Evaluation of ICT Investments in Public Administrations

    This paper presents an approach to asses ICT investments in public administrations. The public sector bears great potential for business process optimization through ICT. However, these possibilities remain largely unexploited since the effects of ICT on the processes are not clear to decisions makers. To asses this impact all processes...

    Provided By University of Munich

  • White Papers // May 2007

    Context-Based Modeling - Conceptualization of a Novel Modeling Approach and Application for the Design of Business Documents

    In this paper, a novel reuse approach called context-based modeling is proposed and applied for the modeling of business documents. Business documents constitute mutual agreements, often legally binding between business partners. Already existing document standards reduce the efforts of implementing data exchange. However, the specific properties of an organization entail...

    Provided By University of Munich

  • White Papers // Dec 2006

    Document Variant Management - Facilitating Enterprise System Definition, Configuration, and Interoperability

    Enterprise Systems (ES) provide a standardized means to assist operations and management. Being off-the-shelf software, ES provide a generic approach and they have to be configured to the enterprise's requirements. The customization of ES is a complex and costly task, therefore especially Small and Midsize Enterprises (SME) flinch from doing...

    Provided By University of Munich

  • White Papers // Aug 2009

    Default Risk And Equity Returns: A Comparison Of the Bank-Based German And The U.S. Financial System

    The authors address the question whether the impact of default risk on equity returns depends on the financial system firms operate in. They compare results from asset pricing tests for the German and the U.S. stock markets, where Germany is the prime-example for a bank-based financial system. They find that...

    Provided By University of Munich

  • White Papers // May 2010

    Increasing Dominance - The Role Of Advertising, Pricing And Product Design

    Despite the empirical relevance of advertising strategies in concentrated markets, the economics literature is largely silent on the effect of persuasive advertising strategies on pricing, market structure and increasing (or decreasing) dominance. In a simple model of persuasive advertising and pricing with differentiated goods, the authors analyze the interdependencies between...

    Provided By University of Munich

  • White Papers // Jun 2010

    Are The Central European Stock Markets Still Different? A Cointegration Analysis

    The Central European countries became members of the European Union (EU) in May 2004. Has their accession into the EU also resulted in a stronger financial integration with the global economy in general and with the "Old" EU countries in particular? Based on a co-integration analysis applied to stock market...

    Provided By University of Munich

  • White Papers // Feb 2010

    Multinational Enterprises And Corporate Taxation: An Empirical Assessment Of The Location Of Assets, Profits And Debt

    The globalized world economy is experiencing a rising importance of MultiNational Enterprises (MNEs). Referring to OECD data, worldwide Foreign Direct Investment (FDI) has sextupled since the early 1990s. These days, more than one third of international trade is intra-company trade of MNEs with affiliates in different locations worldwide. Hence, for...

    Provided By University of Munich

  • White Papers // Feb 2010

    Three Essays On Liquidity Crisis, Monetary Policy, And Banking Regulation

    Liquidity, the ease of converting assets to cash, is perhaps one of the most mysterious terms in both finance and macroeconomics. In economic booms the world is abundant with liquidity, but when crisis hits liquidity drains out immediately as if it didn't exist at all. The reason why financial institutions...

    Provided By University of Munich

  • White Papers // Apr 2010

    Innovation And The International Firm Structure: Theory And Evidence From German Firm-Level Data

    This paper studies the impact of innovation on the organizational structure. The theoretical framework predicts that a larger parental pool of knowledge raises the probability of off shoring. This holds in a national as well as an international context. However, when the producer loses territorial protection, the changeover from non-integration...

    Provided By University of Munich

  • White Papers // Nov 2010

    Standards, Innovation Incentives, And The Formation Of Patent Pools

    Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology producers. In this paper the author discusses how patent pools can be used to solve these problems and what incentives patent holders have to form a patent pool. The author offers some suggestions how...

    Provided By University of Munich

  • White Papers // Nov 2009

    Creditor Rights And Debt Allocation Within Multinationals

    The authors analyze the optimal debt structure of multinational corporations choosing between centralized or decentralized borrowing. They identify how this choice is affected by creditor rights and bankruptcy costs, taking into account managerial incentives and coinsurance considerations. They find that partially centralized borrowing structures are optimal with either weak or...

    Provided By University of Munich

  • White Papers // Jun 2010

    The Phantom Of The Opera: Cultural Amenities, Human Capital, And Regional Economic Growth

    The authors analyze the extent to which endogenous cultural amenities affect the spatial equilibrium share of high-human-capital employees. To overcome endogeneity, they draw on a quasi-natural experiment in German history and exploit the exogenous spatial distribution of baroque opera houses built as a part of rulers' competition for prestigious cultural...

    Provided By University of Munich

  • White Papers // Apr 2010

    Institutions And Innovations As Sources Of Productivity Growth Cross-Country Evidence

    The investigation of the determinants of economic growth plays an important role for the understanding of the sources of cross-country income differences. This paper analyzes the effects of institutions and innovations on country productivity growth. The empirical evidence shows that institutions and innovations matter, in particular for human capital efficiency....

    Provided By University of Munich

  • White Papers // Jul 2009

    Look Into My Eyes! Can You Guess My Password?

    Authentication systems for public terminals - and thus public spaces - have to be fast, easy and secure. Security is of utmost importance since the public setting allows manifold attacks from simple shoulder surfing to advanced manipulations of the terminals. In this paper, the authors present Eye-PassShapes, an eye tracking...

    Provided By University of Munich