Mobile Commerce oder Mobile Business sind Begriffe, die immer häufiger in den verschiedensten Medien in den unterschiedlichsten Zusammenhängen zu finden sind. Ist Mobile Commerce dabei nur ein Begriff, der viel verspricht, aber letztendlich nur die Milliardeninvestitionen der Telekommunikationsunternehmen rechtfertigen soll? Oder ist das ein neuer „Hype“, der die abstürzenden Kurse der New Econ...

These notes were prepared to explore ideas developed in a panel discussion at Financial Cryptography 2007.

Industrial districts as local networks of small and medium enterprises (SMEs) rooted their competitiveness in a mix of economic relationships and social ties. Recently, network technologies (ICT) have promised gains of efficiency through a reduction in transaction costs and showed new commercial opportunities for small firms. Despite the attention given to transactions managed electronically, a...

We include learning in a standard equilibrium business cycle model with explicit growth. We use the model to study how the economy’s agents could learn in real time about the important trend-changing events of the postwar era in the U.S., such as the productivity slowdown, increased labor force participation by women, and the “new economy” of the 1990s. We find that a large fraction of the obse...

Uber is a popular ride-sharing application that matches people who need a ride (or riders) with drivers who are willing to provide it using their personal vehicles. Despite its growing popularity, there exist few studies that examine large-scale Uber data, or in general the factors affecting user participation in the sharing economy. We address this gap through a study of the Uber market that a...

Trust has been found as the key determinant of consumer decisions in sharing economy platforms, and service-provider’s attributesare crucial fortrust building but rarelystudied. In this paper, we investigate the effect of host’s attributes on consumer’s purchasing behaviors in xiaozhu.com, a leading short rental platform in China. Specifically, we argue that host’s attributescan influencetrustw...

—The majority of the hybrid electric vehicles (HEVs) available on the market are power-split hybrid vehicles with a single planetary gear (PG), including the popular Toyota Prius and Chevy Volt. Although both vehicles use a single PG, they have different configurations with different number of operating modes. The Prius has no clutch and has a single operating mode, whereas the Chevy Volt uses ...

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We discuss an economy which is subject to aggregate productivity shocks affecting all factors of production. The additional presence of income risk shifts the margin where agents save out of precautionary motives downwards, such that it does no longer correspond to logarithmic preferences.

A continuous end-to-end synthesis and purification of diphenhydramine hydrochloride featuring atom economy and waste minimization is described. Combining a 1:1 molar ratio of the two starting material streams (chlorodiphenylmethane and N,N-dimethylaminoethanol) in the absence of additional solvent at high temperature gives the target compound directly as a molten salt (ionic liquid above 168 °C...