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- Consistency Checking of Financial Derivatives Transactions
- Financial institutions are increasingly using XML as a de-facto standard to represent and exchange information about their products and services. Their aim is to process transactions quickly, cost-effectively, and with minimal human intervention. Sometimes, inconsistencies inevitably appear throughout the lifetime of a financial transaction and their resolution introduces cost and...
- White papers 2002-08-19
- Insight and Strategy in Multiple Cue Learning
- In multiple-cue learning also known as probabilistic category learning people acquire information about cue-outcome relations and combine these into predictions or judgments. Previous studies claim that people can achieve high levels of performance without explicit knowledge of the task structure or insight into their own judgment policies. It has also...
- White papers 2006-01-12
- Handling Uncertainty In The Development And Design Of Chemical Processes
- The paper presents a stochastic methodology for handling uncertainty in process development as part of a general framework for batch and continuous process models. The method combines systematic modelling procedures with Hammersley sampling based uncertainty analysis and a range of sample-based sensitivity analysis techniques, used to quantify predicted performance uncertainty...
- White papers 2004-09-11
- Innovations And Productivity Growth In The UK: Evidence From CIS2 And CIS3
- The authors have used matched innovation survey and Census data to investigate the link between innovation and productivity growth and the factors that are linked with high innovation. Main findings are; the measures of process innovation on these data raise TFP Total Factor Productivity growth; process innovation is positively affected...
- White papers 2003-09-12
- Multinationals, Foreign Ownership And US Productivity Leadership: Evidence From The UK
- Several studies using firm level data find that foreign-owned firms are more productive than domestic ones. This could reflect a foreign advantage or an omitted variable bias: foreign firms are by definition MultiNational Enterprises MNEs, and MNEs are typically more productive than non-MNEs. This paper attempts to discriminate between these...
- White papers 2003-04-22
- Investment In Innovation And Fixed Assets
- Tax reforms in the US in the mid-1980s reduced the relative tax cost of equity and internal finance to debt by 30%, from a large reduction in the statutory rate. This paper finds evidence that for innovative firms this lead to a decrease in ordinary investment and an increase in...
- White papers 2007-04-01
- Enforcement Of Regulation, Informal Labor, Firm Size, And Firm Performance
- This paper investigates how enforcement of labor regulation affects the firm's use of informal labor, firm size and firm performance. Using firm level data on employment, capita, and output, census data on informal employment at the city level, and administrative data on enforcement of regulation at the city level, it...
- White papers 2006-06-13
- Costs, Benefits And The Internal Rate Of Return To Firm Provided Training
- This paper estimates the rate of return to firm investments in human capital in the form of formal job training. A panel of large firms is used with detailed information on the duration of training, the direct costs of training, and several firm characteristics. The estimates of the return to...
- White papers 2006-04-01
- E-Commerce And Productivity
- Original aim of the paper is to link detailed information on e-commerce use from the e-Commerce Survey to the Annual Respondents' Database ARD, which contains data from each year of the Annual Business Inquiry ABI. Details of the ARD are in Barnes and Martin 2002. Work reported here benefits from...
- White papers 2003-11-01
- An Experimental Study On Fear Of Public Speaking Using A Virtual Environment
- This paper examines a necessary condition for successful exploitation of a Virtual Environment VE in therapeutic intervention for fear of public speaking. The condition is that clients experience a degree of anxiety in the VE that is similar to what they would have been expected to experience in a similar...
- White papers 2004-06-14
- Building The Evidence Base For Productivity Policy Using Business Data Linking
- Much government policy is aimed at raising productivity. Much of the work that has guided this policy is based on macro data of, for example, industries or countries. This paper reports on work by the Centre for Research into Business Activity CeRiBA, using ONS data, to use micro data to...
- White papers 2003-11-01
- Are Systems Of Innovation In Central And Eastern Europe Inefficient?
- This Paper explores the relationship between R&D and productivity through perspective of 'Narrow' and 'Broad' National Systems of Innovation NSI. Based on OLS econometrics it examines the extent to which systems in CEE could be considered 'Inefficient'. The results suggest that the CEECs have lower levels of productivity than would...
- White papers 2005-06-27
- The Effect Of Video-Augmented Chat On Collaborative Learning With Cases
- The effect of augmenting a chat-based learning system is investigated, with a low- and high-quality video link, on the focus (factual vs. abstract) of a case-based learning discussion. Efficient learning with cases requires discussion on the case as well as on the meaning of abstract knowledge. The authors found that...
- White papers 2004-11-21
- Foreign Direct Investment And Restructuring In The Automative Industry In Central And East Europe
- This paper reviews and explores the major effects of FDI Foreign Direct Investment on industry restructuring of the CEE Central and East Europe automotive industry. In particular, we are interested if automotive companies have exploited the value creation potential of CEE? Which factors explain the scale and depth of automotive...
- White papers 2005-03-01
- Gaussian Multi-Level FM For High-Bandwidth Satellite Communications
- This paper describes a modulation scheme suitable for satellite communication, which is based on FM and provides an increased bandwidth of 2 to 3 times that which is currently available commercially with QAM schemes. The system provides best advantage when used in high bandwidth links that occupy the whole transponder....
- White papers 2004-02-27
- Shiny Happy People Building Trust?: Photos on e-Commerce Websites and Consumer Trust
- Designing for trust in technology-mediated interaction is an increasing concern in CHI. In advertising, images of people have long been used to create positive attitudes to products or trust in brands. However, the evidence as to whether placing photographs of people on e-commerce web sites has the intended effect has...
- White papers 2003-01-10
- Data, Information and Knowledge Quality in Retail Security Decision Making
- Knowledge creation and organisational learning are as much about questioning assumptions as they are about harnessing what is already known. This paper describe a procedure for expressing knowledge, theorising from it, identifying data suitable for testing theories, and the value to a business of the outcomes it produces. This technique,...
- White papers 2003-07-02
- A Comedy of Errors: The London Ambulance Service Case Study
- This paper provides an introduction to the IWSSD-8 case study - the "Report of the Inquiry into the London Ambulance Service". The paper gives an overview of the case study and provides a brief summary. It considers how the case study can be used to orient discussion at the workshop...
- Case studies
- Ownership Concentration, Private Benefits of Control and Debt Financing
- Building on the 'law and economics' literature, this paper analyses corporate governance implications of debt financing in an environment where a dominant owner is able to extract ex ante 'private benefits of control'. Ownership concentration may result in lower efficiency, measured as a ratio of a firm's debt to investment,...
- White papers 2001-12-01
- Employment Effects of Progressive Taxation in a Unionised Economy
- This paper presents a general equilibrium model on the relation among tax progressivity, wage setting and employment where changes in labor taxation affect the labor market equilibrium. It is shown that the relation of interest depends on the initial level of taxation and on the labor tax parameter allowed to...
- White papers 2001-10-22
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