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Books > Business & Economics > Business & management > Management & management techniques > Management decision making

Flow - Get Everyone Moving in the Right Direction...And Loving It (Paperback): Ted Kallman Flow - Get Everyone Moving in the Right Direction...And Loving It (Paperback)
Ted Kallman; Foreword by Aric Dromi; Andrew Kallman
R417 Discovery Miles 4 170 Ships in 10 - 15 working days

Simple is rarely easy to implement. However, as a recent Flow trainee puts it, "Flow 'plays nice' with everyone! And, it will enable you to successfully customize and implement whatever solution you choose." Flow is the distillation of over fifty years of successful, hands-on experience that has delivered more than 100 million US dollars in value-add to companies in Europe, the United States, and Asia. Putting Flow into practice, one company increased profit $550,000 in one year on $2.5 million of revenue, and a large Asian telecom turned around a mission critical project from a projected 2-year schedule overrun and 300% budget increase to delivering seven months early and $4 million under the original budget in a 90-day period. Ted and Andrew Kallman unify Traditional management and Agile methodologies enabling successful results, regardless of the existing leadership framework. Simple and easy to understand, Flow helps individuals, teams, and organizations create and sustain high performance.

Practical Elements of Safety - Proceedings of the Twelfth Safety-critical Systems Symposium, Birmingham, UK, 17-19 February... Practical Elements of Safety - Proceedings of the Twelfth Safety-critical Systems Symposium, Birmingham, UK, 17-19 February 2004 (Paperback, Softcover reprint of the original 1st ed. 2004)
Felix Redmill, Tom Anderson
R4,074 Discovery Miles 40 740 Ships in 18 - 22 working days

Practical Elements of Safety contains the invited papers presented at the Twelfth annual Safety-critical Systems Symposium, held at Birmingham, UK in February 2004. The papers included in this volume focus on the themes of the identification and analysis of risk - using the UK railway as an industry example; safety-integrity levels; industrial use of formal methods; as well as expanding on the development, assessment and changing face of current safety issues. All the papers are linked within the broad context of safety-critical systems actvities and offer a practical perspective. Papers contain industrial experience, as well as academic research, and are presented under the headings of: Mature and Practical Formality, Managing Risk in the Railway Industry, Safety Integrity Levels, the Human Side of Risk, Assessment and the Derivation of Evidence, and Safety Argument and the Law.

Maturing Leadership - How Adult Development Impacts Leadership (Hardcover): Jonathan Reams Maturing Leadership - How Adult Development Impacts Leadership (Hardcover)
Jonathan Reams
R2,978 Discovery Miles 29 780 Ships in 18 - 22 working days

We've known for years now that demands on leaders are only increasing. Yet we have lacked widely understood, empirically grounded and rigorous ways to support the development of adequate maturity of heart, complexity of mind and skilful practice for leaders to meet these demands. Over the past three decades, a growing number of scholars and practitioners have explored the value of a developmental approach to these issues. In Maturing Leadership, Jonathan Reams brings together a cast of expert contributors to introduce this work to a wider audience. While this approach has previously been on the margins of mainstream leadership development research, Reams brings it to the centre, moving beyond the cliched characterizations of 'inner work' to bring a finer granularity, precision and rigor to the subjective workings of leaders. The chapters explore how applying insights from the field of constructivist cognitive development can be a key driver for supporting improvements in how we approach leadership development. For researchers and students of leadership, this is an essential addition to the leading theories of developmental approaches to leadership. Increasing complexity in the world is not a passing fad, and the need for leaders to grow in the maturity and sophistication of their responses is a long-term need.

Organization with Incomplete Information - Essays in Economic Analysis: A Tribute to Roy Radner (Hardcover, New): Mukul Majumdar Organization with Incomplete Information - Essays in Economic Analysis: A Tribute to Roy Radner (Hardcover, New)
Mukul Majumdar
R3,372 Discovery Miles 33 720 Ships in 10 - 15 working days

There have been systematic attempts over the last twenty-five years to explore the implications of decision making with incomplete information and to model an 'economic man' as an information-processing organism. These efforts are associated with the work of Roy Radner, who joins other analysts in this collection to offer accessible overviews of the existing literature on topics such as Walrasian equilibrium with incomplete markets, rational expectations equilibrium, learning, Markovian games, dynamic game-theoretic models of organization, and experimental work on mechanism selection. Some essays also take up relatively new themes related to bounded rationality, complexity of decisions, and economic survival. The collection overall introduces models that add to the toolbox of economists, expand the boundaries of economic analysis, and enrich our understanding of the inefficiencies and complexities of organizational design in the presence of uncertainty.

Judgment in Managerial Decision Making (Paperback, 8th Edition): Max H. Bazerman, Don A. Moore Judgment in Managerial Decision Making (Paperback, 8th Edition)
Max H. Bazerman, Don A. Moore
R1,426 Discovery Miles 14 260 Ships in 9 - 17 working days

Updated examples throughout the book feature current business problems and events and incorporate new, relevant research. New discussions and insights on topics such as 'blind spots', overconfidence, and ethical decision making. New content exploring recent controversies in the field of judgment and decision making.

Risk Science and Sustainability - Science for Reduction of Risk and Sustainable Development of Society (Paperback, Softcover... Risk Science and Sustainability - Science for Reduction of Risk and Sustainable Development of Society (Paperback, Softcover reprint of the original 1st ed. 2003)
Tom Beer, Alik Ismail-Zadeh
R4,078 Discovery Miles 40 780 Ships in 18 - 22 working days

1 AUK ISMAIL-ZADEH ,2, TOM BEER3 1 International Institute of Earthquake Prediction Theory and Mathematical Geophysics, Russian Academy of Sciences, Warshavskoye shosse 79-2, Moscow 113556, Russia; e-mail: [email protected] 2 Geophysikalisches Institut, Universittit Karlsruhe, Hertzstr. 16, Karlsruhe 76187, Germany; e-mail: [email protected] 3 CSIRO Environmental Risk Network, CSIRO Atmospheric Research, Aspendale, Vic. 3195 Australia; e-mail: [email protected] The world faces major threats to the sustainability of our planet. These threats are accompanied by the immediate dangers of natural and man-made disasters. Our vulnerability to them is greatly magnified with each passing year undermining our ability to maintain a sustainable and productive world into the 21st Century and beyond. Both history and common sense teach us that science has a tremendous potential to find ways to cope with these threats. 1 The EUROSCIENCE working group "Science and Urgent Problems of Society" 2 and the IUGG Commission on Geophysical Risk and Sustainability were initiators of the EUROSCIENCE - IUGG Advanced Research Workshop "Science for Reduction of Risk and Sustainable Development of Society" sponsored by the NATO Science Program. The Workshop was held on 15-16 June 2002 in Budapest, Hungary. More than 40 participants from 17 countries took part in the Workshop. Talks and discussions addressed mainly the question of how science can help in reduction of risk and sustainable development of society.

Trouble on the Inca Trail - A Decision-Making Survival Simulation, Participant's Workbook (Paperback): LL Ukens Trouble on the Inca Trail - A Decision-Making Survival Simulation, Participant's Workbook (Paperback)
LL Ukens
R510 Discovery Miles 5 100 Ships in 18 - 22 working days

"Trouble on the Inca Trail" presents you with numerous challenging situations that require you to choose from a set of possible actions that offer the best chance for survival. To begin, you embark on the simulated adventure alone, determining your own choices, and then you take the journey as a team member making the decisions by group consensus. Afterward, compare your choices with what the group selects and determine whether the group performs better than any one individual alone. "Trouble on the Inca Trail" tests your knowledge and survival skills. Through this challenging and fun-filled simulated activity, you will learn how to work with others to solve problems and hone your team synergy and action-planning skills.

The Intelligent Enterprise - Theoretical Concepts and Practical Implications (Paperback, 2005 ed.): Markus J. Thannhuber The Intelligent Enterprise - Theoretical Concepts and Practical Implications (Paperback, 2005 ed.)
Markus J. Thannhuber
R2,665 Discovery Miles 26 650 Ships in 18 - 22 working days

In today's competitive environments enterprises face diminishing market life spans, increasing pressure on profit margins and increasingly complex c- tomer requirements. Thus in their operations, modern organizations have to find a high-level balance between dynamics, complexity and precision in order to best utilize their markets. Organization Theory and Industrial En- neering, the disciplines on hand helping industry to cope with this challenge, soon identified process optimizations as the key to possible solutions. Many efforts have been undertaken to provide sound theoretical models to deal with complexity and dynamics and streamline business processes. These efforts on the one hand helped companies to be more precise in carrying out their actions and even provided solutions to produce customized products at near-mass production prices (Mass-Customization). On the other hand it t- ned out to be one of the most difficult tasks to generalize and transfer ex- riences gained in one process-reengineering project to another and put the theoretical models into practice. Not without reason is it the extremely high failure rate of business-process-reengineering projects that today deters most enterprises from entering such adventures. Right at the same time there emerged a new and highly promising scientific branch, Knowledge Management, that attracted many disciplines - among others again Organization Theory and Industrial Engineering. Knowledge was identified as a major production factor. In industrialized countries, value added is mainly raised by the intellectual abilities of a company's workforce.

Flow-Based Leadership - What the Best Firefighters Can Teach You About Leadership & Making Hard Decisions (Paperback): Judith... Flow-Based Leadership - What the Best Firefighters Can Teach You About Leadership & Making Hard Decisions (Paperback)
Judith L. Glick-Smith
R367 Discovery Miles 3 670 Ships in 18 - 22 working days
Risk Methodologies for Technological Legacies (Paperback, Softcover reprint of the original 1st ed. 2003): Dennis Bley Risk Methodologies for Technological Legacies (Paperback, Softcover reprint of the original 1st ed. 2003)
Dennis Bley; Adapted by James G. Droppo; Edited by Vitaly A. Eremenko
R1,440 Discovery Miles 14 400 Ships in 18 - 22 working days

The Cold War Era left the major participants, the United States and the former Soviet Union (FSU), with large legacies in terms of both contamination and potential accidents. Facility contamination and environmental degradation, as well as the accident vulnerable facilities and equipment, are a result of weapons development, testing, and production. Although the countries face similar issues from similar activities, important differences in waste management practices make the potential environmental and health risks of more immediate concern in the FSU and Eastern Europe. In the West, most nuclear and chemical waste is stored in known contained locations, while in the East, much of the equivalent material is unconfined, contaminating the environment. In the past decade, the U.S. started to address and remediate these Cold War legacies. Costs have been very high, and the projected cost estimates for total cleanup are still increasing. Currently in Russia, the resources for starting such major activities continue to be unavailable."

The Government of Risk - Understanding Risk Regulation Regimes (Paperback): Christopher Hood, Henry Rothstein, Robert Baldwin The Government of Risk - Understanding Risk Regulation Regimes (Paperback)
Christopher Hood, Henry Rothstein, Robert Baldwin
R2,231 Discovery Miles 22 310 Ships in 10 - 15 working days

Why does regulation vary so dramatically from one area to another? Why are some risks regulated aggressively and others responded to only modestly? Is there any logic to the techniques we use in risk regulation? These key questions are explored in The Government of Risk. This book looks at a number of risk regulation regimes, considers the respects in which they differ, and examines how these differences can be justified. Analyzing regulation in terms of 'regimes' allows us to see the rich, multi-dimensional nature of risk regulation. It exposes the thinness of society-wide analyses of risk controls and it offers a perspective that single case studies cannot reach. Regimes analysis breaks down the components of risk regulation systems and shows how they interact. It also shows how different parts of the same regime may be shaped by different factors and have to be explained and understood in quite different ways. The Government of Risk shows how such an approach is of high policy relevance as well as of considerable theoretical importance.

Project. Program. Change (Hardcover): Roland Gareis, Lorenz Gareis Project. Program. Change (Hardcover)
Roland Gareis, Lorenz Gareis
R3,552 Discovery Miles 35 520 Ships in 10 - 15 working days

This book gives managers an integrative approach to project, program, and change management. It describes the differences between change in projects versus programs with case studies in both areas and the different life cycles. While the project and change comprise much of the book, it is up to date with its emphasis on agile, scrum, and benefits. The book also describes methods to both initiate and manage a change and what must be done for success and business value.

Building the New Managerialist State - Consultants and the Politics of Public Sector Reform in Comparative Perspective... Building the New Managerialist State - Consultants and the Politics of Public Sector Reform in Comparative Perspective (Paperback, New edition)
Denis Saint-Martin
R1,831 Discovery Miles 18 310 Ships in 10 - 15 working days

In the 1980s and 1990s the world of governance witnessed a far-reaching change from the Weberian model of bureaucracy to the 'new managerialism'-a term used to describe the group of ideas imported from business and mainly brought into government by management consultants. Over the past fifteen years, the British, French, and Canadian governments have spent growing sums of money on consulting services and, as a result, policy-makers inside the state have increasingly been exposed to the business management ideas that consultants bring into the public sector. Nevertheless, there are major differences in the extent to which reformers in the three countries embraced these ideas in the process of bureaucratic reform. Accordingly, this is a book about policy change and variation. It seeks to explain why the changes produced by the new managerialism have been more radical in some countries than in others. Building the New Managerialist State shows that the reception given by states to managerialist ideas depends on the openness of policy-making institutions to outside expert knowledge and on the organization, development, and social recognition of management consultancy.

Working with Groupware - Understanding and Evaluating Collaboration Technology (Paperback, Softcover reprint of the original... Working with Groupware - Understanding and Evaluating Collaboration Technology (Paperback, Softcover reprint of the original 1st ed. 2003)
J.H. Erik Andriessen
R1,447 Discovery Miles 14 470 Ships in 18 - 22 working days

This book looks at the social aspects of how virtual and geographically dispersed groups work together using information and communication tools (groupware). It introduces the basic concepts and brings together ideas from various disciplines to provide an integrated approach to the evaluation and design of groupware technology. Key topics include: =B7 Why some collaboration technologies succeed and others fail =B7 The conditions needed for successful distributed collaboration =B7 How to take a systematic, user-oriented, design-related approach to the evaluation of computer supported collaboration Primarily intended for undergraduate and postgraduate students studying Information and Communication Technology, Human-Computer Interaction, Communication Sciences, Human Factors, Interface Design and Multimedia Systems, this book will also be of interest to researchers, practitioners and lecturers in social and organisational sciences.

Breaking Bad Habits - Why Best Practices Are Killing Your Business (Paperback): Freek Vermeulen Breaking Bad Habits - Why Best Practices Are Killing Your Business (Paperback)
Freek Vermeulen
R374 R309 Discovery Miles 3 090 Save R65 (17%) Ships in 10 - 15 working days

Have you ever wondered why most newspapers are so large? Or why management consultants work such long hours? Or why hotels still insist on having check-in desks? Ask anyone in these industries, and their answer will be the same: "That's the way we've always done it."

"Best practices" may be widespread, but that doesn’t mean they're effective. In many instances the opposite is true: best practices can be outdated, harmful, and a hindrance to innovation. These bad practices are all too common in organizations, and managers and executives can be blind to their pernicious effects. Since they've worked in the past, or have been adopted with success by other firms, their purpose or effectiveness is rarely questioned. As a consequence, these practices spread and persist.

In Breaking Bad Habits, Freek Vermeulen, a strategist with a keen eye for the absurd, offers the tools to identify these practices and rid them from your organization. And, most of all, he presents a compelling case for how eliminating popular but outworn ideas, processes, and strategies can create new opportunities for innovation and growth.

Brimming with examples of norm-defying organizations in an eclectic range of industries--including IVF clinics, hotels, newspapers, and a famous London theater--Breaking Bad Habits will make you rethink your long-held beliefs about industry norms while encouraging you to reinvigorate your business by breaking out of the status quo.

Maverick! - The Success Story Behind The World's Most Unusual Workplace (Paperback, New Ed): Ricardo Semler Maverick! - The Success Story Behind The World's Most Unusual Workplace (Paperback, New Ed)
Ricardo Semler 1
R380 R351 Discovery Miles 3 510 Save R29 (8%) Ships in 5 - 10 working days

'The way that Ricardo Semler runs his company is impossible; except th at it works, and works splendidly for everyone. I relish this book. It revived my faith in human beings and my hope for business everywher e' Charles Handy--Workers make the decisions previously made by their bosses--Managerial staff set their own salaries and bonuses--Everyone has access to the company books--No formality - a minimum of meetings, memos and approvals--Internal walls torn down--Shopfloor workers set their own productivity targets and schedulesResu lt - Semco is one of Latin America's fastest-growing companies, acknow ledged to be the best in Brazil to work for, and with a waiting list o f thousands of applicants hoping to join it. This book offers the chanc e to learn Ricardo Semler's secrets and let some of the Semco magic ru b off on you and your company

Foundations and Methods of Stochastic Simulation - A First Course (Paperback, 2nd ed. 2021): Barry L. Nelson, Linda Pei Foundations and Methods of Stochastic Simulation - A First Course (Paperback, 2nd ed. 2021)
Barry L. Nelson, Linda Pei
R2,064 R1,285 Discovery Miles 12 850 Save R779 (38%) Ships in 9 - 17 working days

This graduate-level textbook covers modelling, programming and analysis of stochastic computer simulation experiments, including the mathematical and statistical foundations of simulation and why it works. The book is rigorous and complete, but concise and accessible, providing all necessary background material. Object-oriented programming of simulations is illustrated in Python, while the majority of the book is programming language independent. In addition to covering the foundations of simulation and simulation programming for applications, the text prepares readers to use simulation in their research. A solutions manual for end-of-chapter exercises is available for instructors.

Handbook on Knowledge Management 1 - Knowledge Matters (Hardcover, 2003 ed.): Clyde Holsapple Handbook on Knowledge Management 1 - Knowledge Matters (Hardcover, 2003 ed.)
Clyde Holsapple
R4,157 Discovery Miles 41 570 Ships in 18 - 22 working days

As the most comprehensive reference work dealing with knowledge management (KM), this work is essential for the library of every KM practitioner, researcher, and educator. Written by an international array of KM luminaries, its approx. 60 chapters approach knowledge management from a wide variety of perspectives ranging from classic foundations to cutting-edge thought, informative to provocative, theoretical to practical, historical to futuristic, human to technological, and operational to strategic. The chapters are conveniently organized into 8 major sections. The first volume consists of the sections: foundations of KM, knowledge - a key organizational resource, knowledge processors and processing, influences on knowledge processing. Novices and experts alike will refer to the authoritative and stimulating content again and again for years to come.

Business Continuity - IT Risk Management for International Corporations (Paperback, Softcover reprint of the original 1st ed.... Business Continuity - IT Risk Management for International Corporations (Paperback, Softcover reprint of the original 1st ed. 2002)
Martin Wieczorek, Uwe Naujoks, Bob Bartlett
R1,458 Discovery Miles 14 580 Ships in 18 - 22 working days

Risk Management and Business Continuity are essential for the competitive capacity of any international corporation. The temporary unavailability of technology and services can endanger the existence of any company. It is cruical to develop an international strategy to deal with these problems. This book provides theoretical analysis and practical solutions on these topics.

Coping with IS/IT Risk Management - The Recipes of Experienced Project Managers (Paperback, Softcover reprint of the original... Coping with IS/IT Risk Management - The Recipes of Experienced Project Managers (Paperback, Softcover reprint of the original 1st ed. 2002)
Tony Moynihan
R1,574 Discovery Miles 15 740 Ships in 18 - 22 working days

This is a book in which successful, experienced IT solutions providers talk about their actual practical experiences in IT risk management. Tony Moynihan has asked successful IS/IT project managers to compare and contrast their recent projects in terms of the various important and different factors they had to deal with in each project. Coping with IS/IT Risk Management discusses how to:- handle unrealistic client expectations; - decide on the 'ownership' of a project; - set targets that work in practice! The result is a very well-written, interesting book, which will be enormously helpful to any professional needing to cope with the many and varied problems which can be encountered in IS/IT risk management. About the Author: Tony Moynihan is a Professor at the School of Computer Applications at Dublin City University, researching in the field of software engineering and software project risk-analysis. "This is probably one of the most real, useful, and entertaining books I have ever read on project management."(Robert L Glass, Editor, The Software Practitioner)"In my opinion, this book contains great practical advice to IS/IT project managers, based on the experience of other IT project managers. Tony succeeds in getting project managers to talk about their projects and the associated risks. He then distils these candid interviews into practical advice for other IS/IT project managers." (Nancy Mead, SEI, Carnegie-Mellon University, USA) "A useful book for any project manager to use and to reflect on, as they undertake their day-to-day activities." (Robert Cochran, Director, Centre for Software Engineering, Dublin)

The Strategy Book - How To Think And Act Strategically To Deliver Outstanding Results (Paperback, 3rd Edition): Max McKeown The Strategy Book - How To Think And Act Strategically To Deliver Outstanding Results (Paperback, 3rd Edition)
Max McKeown
R470 R434 Discovery Miles 4 340 Save R36 (8%) Ships in 5 - 10 working days

Thinking strategically is what separates managers and leaders. Learn the fundamentals about how to create winning strategy and lead your team to deliver it. From understanding what strategy can do for you, through to creating a strategy and engaging others with strategy, this book offers practical guidance and expert tips. It is peppered with punchy, memorable examples from real leaders winning (and losing) with real world strategies.

The Strategy Book focuses on how you can create powerful strategies to deliver success in a competitive world. It answers the following questions:

  • What do we know about strategy?
  • What can creative strategy do for you?
  • How can you effectively create winning strategies?
  • How to think and act strategically?
  • How can you engage people with strategy?
  • How do you avoid pitfalls, problems, and screw-ups?

It can be read as a whole or you can dip into the easy-to-read, bite-size sections as and when you need to deal with a particular issue. The structure has been specially designed to make sections quick and easy to use – you’ll find yourself referring to them again and again.
Think Like a Rocket Scientist - Simple Strategies You Can Use to Make Giant Leaps in Work and Life (Paperback): Ozan Varol Think Like a Rocket Scientist - Simple Strategies You Can Use to Make Giant Leaps in Work and Life (Paperback)
Ozan Varol
R464 Discovery Miles 4 640 Ships in 18 - 22 working days
The Seventh Sense - How Flashes of Insight Change Your Life (Paperback): William Duggan The Seventh Sense - How Flashes of Insight Change Your Life (Paperback)
William Duggan
R521 R485 Discovery Miles 4 850 Save R36 (7%) Ships in 18 - 22 working days

Flashes of insight-the "Eureka!" moments that produce new and useful ideas in a single thought-are behind some of the world's most creative and practical innovations. This book shows how to cultivate more and better flashes of insight by harnessing the science and practice of the "seventh sense." Drawing from psychology, neuroscience, Asian philosophy, and military strategy, William Duggan illustrates the power of the seventh sense to help readers aspire to and achieve more in their personal and professional lives. His examples include Gandhi, Joan of Arc, Starbucks founder Howard Shultz, and executives and students he has taught in his classes. His book presents specific steps in the form of three practical tools to help prepare the mind, see and seize opportunity, and follow through on one's resolution. Based on Duggan's perennially popular Columbia Business School course, this book teaches the mental skills and discipline that power the seventh sense.

Multiple Criteria Decision Making in the New Millennium - Proceedings of the Fifteenth International Conference on Multiple... Multiple Criteria Decision Making in the New Millennium - Proceedings of the Fifteenth International Conference on Multiple Criteria Decision Making (MCDM) Ankara, Turkey, July 10-14, 2000 (Paperback, Softcover reprint of the original 1st ed. 2001)
Murat Koeksalan, Stanley Zionts
R2,848 Discovery Miles 28 480 Ships in 18 - 22 working days

The volume contains 43 (out of 185) papers that were presented at the 15th International Conference on Multiple Criteria Decision Making held in Ankara, Turkey July 10-14, 2000. The conference was one of the regular conferences of the International Society on Multiple Criteria Decision Making, which are held at approximately two-year intervals. The Ankara conference had 195 participants from 38 countries. The volume covers all relevant aspects of the field and presents the latest research results on MCDM.

The Measurement of Market Risk - Modelling of Risk Factors, Asset Pricing, and Approximation of Portfolio Distributions... The Measurement of Market Risk - Modelling of Risk Factors, Asset Pricing, and Approximation of Portfolio Distributions (Paperback, 2001 ed.)
Pierre-Yves Moix
R2,804 Discovery Miles 28 040 Ships in 18 - 22 working days

This book is a revised version of my doctoral dissertation submitted to the University of St. Gallen in October 1999. I would like to thank Dr. oec. Marc Wildi whose careful reading of much of the text led to many improvements. All errors remain mine. Pfiiffikon SZ, Switzerland, March 2001 Pierre-Yves Moix Preface to the dissertation "Education is man's going forward from cocksure ignorance to thoughtful uncertainty" Don Clark's Scrapbook quoted in Wonnacott and Wonnacott (1990). After several years of banking practice, I decided to give up some of my certitudes and considered this thesis project a good opportunity to study some of the quantitative tools necessary for the modelling of uncertainty. lowe very much to Prof. Dr. Karl Frauendorfer, the referee of my thesis, for the time he took to read the manuscript and for the numerous valuable suggestions he made. I am also very grateful to Prof. Dr. Klaus Spremann who kindly accepted to co-refer my thesis and who strengthened my inter est in finance during my study period. During my time at the Institute for Operations Research of the University of St. Gallen (lfU-HSG) I had the opportunity to participate in the project "RiskLab" which provides a very profitable link between finance practice and academics. I would especially like to thank Dr. Christophe Rouvinez from Credit Suisse for his comments and all the data he provided so generously."

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