We modify the concept of consistent expectations equilibria introduced in Hommes and Sorger (1998) in two ways: (i) the consistency condition requires that the probability that the agents reject their perceived law of motion in any period does not exceed a given level and (ii) there may exist exogenous stochastic shocks. The concept is illustrated by two examples using a linear economic system....

Information Systems security evaluation is a sine qua non requirement for effective IT security management, as well as for establishing trust among different but cooperating business partners. This paper initially provides a critical review of traditionally applied evaluation and certification schemes. Based upon this review, the paper stresses the need for an approach that is quantitative in n...

a Department of Finance and Management Science, College of Business, Washington State University, Pullman, WA 99164, United States b Shanghai Advanced Institute of Finance, Shanghai Jiaotong University, Shanghai 200030, China c School of Economics, Shanghai University of Finance and Economics, Shanghai 200433, China d Key Laboratory ofMathematical Economics of Ministry of Education, Shanghai Un...

This thesis examines the issues and value-added, from both the technical and economic perspective, of solving the information integration problem in the retail banking industry. In addition, we report on an implementation of a prototype for the Universal Banking Application using currently available technologies. We report on some of the issues we discovered and the suggested improvements for f...

Benjamin G. Thengvall • Jonathan F. Bard • Gang Yu Graduate Program in Operations Research, Department of Mechanical Engineering, University of Texas, Austin, Texas 78712-1063 Graduate Program in Operations Research, Department of Mechanical Engineering, University of Texas, Austin, Texas 78712-1063 Department of Management Science and Information Systems, Graduate School of Business, Universit...

Information technology can link geographically separated people and help them locate interesting or useful resources. These attributes have the potential to bridge gaps and unite communities. Paradoxically, they also have the potential to fragment interaction and divide groups. Advances in technology can make it easier for people to spend more time on special interests and to screen out unwante...

today, information technology services are considered as valuable resources in all areas. for making information technology management processes purposeful and efficient in different organizations – as a competitive and strategic advantage (especially in organizations responsible for health care services) – it is necessary to recognize the level of maturity of the organization and review its pr...