363 results match your criteria: "Vienna University of Economics and Business[Affiliation]"

Although positive incentives for cooperators and/or negative incentives for free-riders in social dilemmas play an important role in maintaining cooperation, there is still the outstanding issue of who should pay the cost of incentives. The second-order free-rider problem, in which players who do not provide the incentives dominate in a game, is a well-known academic challenge. In order to meet this challenge, we devise and analyze a meta-incentive game that integrates positive incentives (rewards) and negative incentives (punishments) with second-order incentives, which are incentives for other players' incentives.

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Dutch translation and cross-cultural validation of the Adult Social Care Outcomes Toolkit (ASCOT).

Health Qual Life Outcomes

May 2015

Department of Health Sciences and EMGO Institute for Health and Care Research, Faculty of Earth & Life Sciences, VU University, Amsterdam, The Netherlands.

Background: The Adult Social Care Outcomes Toolkit was developed to measure outcomes of social care in England. In this study, we translated the four level self-completion version (SCT-4) of the ASCOT for use in the Netherlands and performed a cross-cultural validation.

Methods: The ASCOT SCT-4 was translated into Dutch following international guidelines, including two forward and back translations.

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Providing informal care can be both a burden and a source of satisfaction. To understand the welfare effect on caregivers, we need an estimate of the 'shadow value' of informal care, an imputed value for the non-market activity. We use data from the 2006-2007 Survey of Health Ageing and Retirement in Europe which offers the needed details on 29,471 individuals in Austria, Belgium, the Czech Republic, Denmark, France, Germany, Italy, the Netherlands, Poland, Spain, Sweden and Switzerland.

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Cheating is evolutionarily assimilated with cooperation in the continuous snowdrift game.

Biosystems

May 2015

Department of Business Administration, Soka University, 192-8577 Tokyo, Japan; Department of Information Systems and Operations, Vienna University of Economics and Business, 1020 Vienna, Austria.

It is well known that in contrast to the Prisoner's Dilemma, the snowdrift game can lead to a stable coexistence of cooperators and cheaters. Recent theoretical evidence on the snowdrift game suggests that gradual evolution for individuals choosing to contribute in continuous degrees can result in the social diversification to a 100% contribution and 0% contribution through so-called evolutionary branching. Until now, however, game-theoretical studies have shed little light on the evolutionary dynamics and consequences of the loss of diversity in strategy.

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The school bus routing and scheduling problem with transfers.

Networks (N Y)

March 2015

Department of Business Administration University of Vienna Oskar-Morgenstern-Platz 1, 1090 Vienna, Austria; Institute for Transport and Logistics Management Vienna University of Economics and Business Welthandelsplatz 1, 1020 Vienna, Austria.

In this article, we study the school bus routing and scheduling problem with transfers arising in the field of nonperiodic public transportation systems. It deals with the transportation of pupils from home to their school in the morning taking the possibility that pupils may change buses into account. Allowing transfers has several consequences.

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Competition in the economic crisis: Analysis of procurement auctions.

Eur Econ Rev

January 2015

Goethe University Frankfurt, Faculty of Economics and Business Administration, Grüneburgplatz 1, 60323 Frankfurt am Main, Germany ; Austrian Institute of Economic Research, Arsenal, Objekt 20, 1030 Vienna, Austria ; CEPR, 77 Bastwick Street, London EC1V 3PZ, United Kingdom.

We study the effects of the recent economic crisis on firms׳ bidding behavior and markups in sealed bid auctions. Using data from Austrian construction procurements, we estimate bidders׳ construction costs within a private value auction model. We find that markups of all bids submitted decrease by 1.

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The grand old party - a party of values?

Springerplus

December 2014

Institute for Statistics and Mathematics, WU Vienna University of Economics and Business, Welthandelsplatz 1, 1020 Vienna, Austria.

In this article we explore the semantic space spanned by self-reported statements of Republican voters. Our semantic structure analysis uses multidimensional scaling and social network analysis to extract, explore, and visualize word patterns and word associations in response to the stimulus statement "I'm a Republican, because …" which were collected from the official website of the Republican Party. With psychological value theory as our backdrop, we examine the association of specific keywords within and across the statements, compute clusters of statements based on these associations, and explore common word sequences Republican voters use to characterize their political association with the Party.

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This paper develops and applies a Bayesian approach to Exploratory Factor Analysis that improves on classical approaches. Our framework relies on dedicated factor models and simultaneously determines the number of factors, the allocation of each measurement to a unique factor, and the corresponding factor loadings. Classical identification criteria are applied and integrated into our Bayesian procedure to generate models that are stable and clearly interpretable.

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Population aging is an inevitable global demographic process. Most of the literature on the consequences of demographic change focuses on the economic and societal challenges that we will face as people live longer and have fewer children. In this paper, we (a) briefly describe key trends and projections of the magnitude and speed of population aging; (b) discuss the economic, social, and environmental consequences of population aging; and (c) investigate some of the opportunities that aging societies create.

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Through the lens of Institutional Entrepreneurship, this paper discusses how governments use the levers of power afforded through business and welfare systems to affect change in the organisational management of older workers. It does so using national stakeholder interviews in two contrasting economies: the United Kingdom and Japan. Both governments have taken a 'light-touch' approach to work and retirement.

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Measuring the speed of aging across population subgroups.

PLoS One

January 2015

World Population Program, International Institute for Applied Systems Analysis, Laxenburg, Austria; Wittgenstein Centre for Demography and Global Human Capital (International Institute for Applied Systems Analysis, IIASA; Vienna Institute of Demography of the Austrian Academy of Sciences, VID/ÖAW; Vienna University of Economics and Business, WU), Laxenburg/Vienna, Austria.

People in different subgroups age at different rates. Surveys containing biomarkers can be used to assess these subgroup differences. We illustrate this using hand-grip strength to produce an easily interpretable, physical-based measure that allows us to compare characteristic-based ages across educational subgroups in the United States.

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A set-covering based heuristic algorithm for the periodic vehicle routing problem.

Discrete Appl Math

January 2014

Department of Business Administration, University of Vienna, Bruenner Strasse 72, 1210 Vienna, Austria ; NICTA / UNSW, Sydney, Australia.

We present a hybrid optimization algorithm for mixed-integer linear programming, embedding both heuristic and exact components. In order to validate it we use the periodic vehicle routing problem (PVRP) as a case study. This problem consists of determining a set of minimum cost routes for each day of a given planning horizon, with the constraints that each customer must be visited a required number of times (chosen among a set of valid day combinations), must receive every time the required quantity of product, and that the number of routes per day (each respecting the capacity of the vehicle) does not exceed the total number of available vehicles.

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By examining trends in intra-organizational and inter-organizational job transition probabilities among professional and managerial employees in Germany, we test the applicability of mainstream career theory to a specific context and challenge its implied change assumption. Drawing on data from the German Socio-Economic Panel (GSOEP), we apply linear probability models to show the influence of time, economic cycle and age on the probability of job transitions between 1984 and 2010. Results indicate a slight negative trend in the frequency of job transitions during the analyzed time span, owing to a pronounced decrease in intra-organizational transitions, which is only partly offset by a comparatively weaker positive trend towards increased inter-organizational transitions.

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Is the demographic dividend an education dividend?

Demography

February 2014

Wittgenstein Centre for Demography and Global Human Capital (IIASA, VID/ÖAW, WU), Vienna University of Economics and Business, Welthandelsplatz 1, 1020, Vienna, Austria,

The effect of changes in age structure on economic growth has been widely studied in the demography and population economics literature. The beneficial effect of changes in age structure after a decrease in fertility has become known as the "demographic dividend." In this article, we reassess the empirical evidence on the associations among economic growth, changes in age structure, labor force participation, and educational attainment.

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Context: A distributed business process is executed in a distributed computing environment. The service-oriented architecture (SOA) paradigm is a popular option for the integration of software services and execution of distributed business processes. Entailment constraints, such as mutual exclusion and binding constraints, are important means to control process execution.

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Transnational medical travel has gained attention recently as a strategy for patients to obtain care that is higher quality, costs less, or offers improved access relative to care provided within their home countries. This article examines institutional environments in the European Union and United States that influence transnational medical travel, describes the conceptual model of demand for medical travel, and illustrates individual dimensions in the conceptual model of medical travel using a series of case studies. The conceptual model of medical travel is predicated on Andersen's behavioral model of health services.

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Current demographic developments in industrialized countries and their consequences for workforce ageing challenge the sustainability of intergenerational transfers and economic growth. A shrinking share of the young workforce will have to support a growing share of elderly, non-working people. Therefore, the productivity of the workforce is central to a sustainable economic future.

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Measures of psychological attributes abound in the social sciences as much as measures of physical properties do in the physical sciences. However, there are crucial differences between the scientific underpinning of measurement. While measurement in the physical sciences is supported by empirical evidence that demonstrates the quantitative nature of the property assessed, measurement in the social sciences is, in large part, made possible only by a vague, discretionary definition of measurement that places hardly any restrictions on empirical data.

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An adaptive large neighborhood search heuristic for Two-Echelon Vehicle Routing Problems arising in city logistics.

Comput Oper Res

December 2012

Institute for Transport and Logistics Management, WU, Vienna University of Economics and Business, Nordbergstraße 15, 1090 Vienna, Austria ; Centre Interuniversitaire de Recherche sur les Réseaux d'Entreprise, la Logistique et le Transport (CIRRELT), C.P. 6128, Succ. Centre-ville, Montréal, Canada H3C 3J7.

In this paper, we propose an adaptive large neighborhood search heuristic for the Two-Echelon Vehicle Routing Problem (2E-VRP) and the Location Routing Problem (LRP). The 2E-VRP arises in two-level transportation systems such as those encountered in the context of city logistics. In such systems, freight arrives at a major terminal and is shipped through intermediate satellite facilities to the final customers.

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This qualitative field study investigated cross-site knowledge sharing in a small sample of multinational corporations in three different MNC business contexts (global, multidomestic, transnational). The results disclose heterogeneous "worlds" of MNC knowledge sharing, ultimately raising the question as to whether the whole concept of MNC knowledge sharing covers a sufficiently unitary phenomenon to be meaningful. We derive a non-exhaustive typology of MNC knowledge-sharing practices: self-organizing knowledge sharing, technocratic knowledge sharing, and best practice knowledge sharing.

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The coevolution of culture and environment.

J Theor Biol

April 2013

Institute for the Environment and Regional Development, WU Vienna University of Economics and Business, Nordbergstrasse 15 (UZA4, 4B), A-1090 Vienna, Austria.

We propose a model of multi level (group) selection in the presence of climate variability, where environment and culture coevolve. The model describes a population subdivided into groups, each with access to a renewable resource. Individuals employ different harvesting strategies: Defectors harvest more resources than cooperators and punishers.

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Informal eldercare and work-related strain.

J Gerontol B Psychol Sci Soc Sci

March 2013

Research Institute for Economics of Aging, WU Vienna University of Economics and Business, 1090 Vienna, Austria.

Objectives: In light of an aging workforce, reconciling informal eldercare and paid work becomes increasingly pertinent. This article investigates the association between informal eldercare and work-related strain and tests for both the "competing demands" and "expansion" hypotheses.

Method: The sample of 938 Austrian employees consisted of employees caring for older relatives and a control group of employees without eldercare obligations.

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Unlabelled: This article examines whether providing informal eldercare to an older dependent person predicts employees' intentions to change jobs or exit the labor market and, if so, which particular aspects of both caregiving (e.g. time demands, physical/cognitive care burden) and their current work environment shape these intentions.

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