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DGOR
The book presents the results of the joint annual conference of the four Operations Research Societies DGOR, GM\OR, \GOR and SVOR, held in Vienna in 1990. The main goal was to present practical experiences as well as theoretical results. Both aspects are covered in a balanced way. Papers cover topics from the fields Optimization, Stochastic Modells, Decision Theory and Multicriteria Decision Making, Control Theory, Mathematical Economics, Game Theory, Macroeconomics, Econometrics and Statistics, Supercomputing and Simulation, Non-linear Systems, Artificial Intelligence and Expert Systems, Fuzzy Sets and Systems, Production, Logistics, Inventory and Marketing among others.
Business
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The Dissolution of the Austro-Hungarian Empire
This paper investigates the currency reforms undertaken subsequent to the dissolution of the Austro-Hungarian Empire in 1918. The reforms were motivated by the lack of coordination of monetary policy and the absence of a rule for sharing seigniorage. Because the Successor States’ reforms were not carried out simultaneously, individuals could choose where to convert their crowns based on where their real value was greatest. The cross-border flows of notes was substantial, to the detriment of Hungary which was last to reform. The Austrian and Hungarian currencies were stabilized only with the help of League of Nations financial programs.
The Bank Directory
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Who's who in Austria
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The Dollfuss/Schuschnigg Era in Austria
The years of Chancellors Dollfuss and Schuschnigg's authoritarian governments (1933/34-1938) have been denounced as "Austrofascism" from the left, or defended as a Christian corporate state ("Stondestaat") from the right. During this period, Austria was in a desperate struggle to maintain its national independence vis-o-vis Hitler's Germany, a struggle that ultimately failed. In the end, the Nazis invaded and annexed Austria (Anschluss"). Volume 11 of the Contemporary Austrian Studies series stays away from these heated historiographical debates and looks at economic, domestic, and international politics sine ira et studio. Timothy Kirk opens with an assessment of "Austrofascism" in light of...
The Credit-Anstalt Crisis of 1931
Shubert analyses the impact of the Austrian 1931 financial crisis on Europe and the Great Depression, by analysing it using theories of financial crises, identifying the causes of the crisis, and examining the market's efficiency in predicting events. He also analyses how the crisis was transmitted to the real sector, and studies the behaviour of the Austrian as well as international authorities.
Financial Crimes
Financial market reform has focused chiefly on the threats to stability arising from the risky, uncontrolled activity of the leaders of financial institutions. Nevertheless, organized crime, white-collar crime, and corruption have a huge impact on financial systems worldwide and must also be confronted if true reform is to be achieved. A collection of articles written by experts in their fields of study, Financial Crimes: A Threat to Global Security spotlights the importance of addressing the problem of illegal financial activity as part of a greater comprehensive plan for reforming the financial sector. Drawn from the 23rd Annual Meeting of the Academic Council on the United Nations System ...
