Dynamic Perspectives on Managerial Decision Making Essays in Honor o
This volume collects research papers addressing topical issues in economics and management with a particular focus on dynamic models which allow to analyze and foster the decision making of firms in dynamic complex environments. The scope of the contribut
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Herbert Dawid Karl F. Doerner Gustav Feichtinger Peter M. Kort Andrea Seidl Editors
Dynamic Perspectives on Managerial Decision Making Essays in Honor of Richard F. Hartl
Dynamic Modeling and Econometrics in Economics and Finance
Volume 22
Editors Stefan Mittnik Ludwig Maximillian University Munich Munich, Germany Willi Semmler Bielefeld University Bielefeld, Germany and New School for Social Research New York, USA
More information about this series at http://www.springer.com/series/5859
Herbert Dawid • Karl F. Doerner • Gustav Feichtinger • Peter M. Kort • Andrea Seidl Editors
Dynamic Perspectives on Managerial Decision Making Essays in Honor of Richard F. Hartl
123
Editors Herbert Dawid Department of Business Administration and Economics and Center for Mathematical Economics Bielefeld University Bielefeld, Germany
Karl F. Doerner Department of Business Administration University of Vienna Vienna, Austria
Gustav Feichtinger Institute of Statistics and Mathematical Methods in Economics Vienna University of Technology Vienna, Austria
Peter M. Kort Department of Econometrics and Operations Research & CentER Tilburg University Tilburg, The Netherlands
Andrea Seidl Department of Business Administration University of Vienna Vienna, Austria
ISSN 1566-0419 ISSN 2363-8370 (electronic) Dynamic Modeling and Econometrics in Economics and Finance ISBN 978-3-319-39118-2 ISBN 978-3-319-39120-5 (eBook) DOI 10.1007/978-3-319-39120-5 Library of Congress Control Number: 2016945568 © Springer International Publishing Switzerland 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG Switzerland
Contents
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . Herbert Dawid, Karl F. Doerner, Gustav Feichtinger, Peter M. Kort, and Andrea Seidl
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