Search results for " flexibility"
showing 10 items of 142 documents
The Economics of Monetary Union: The Theory of Optimum Currency Areas
2013
In the 1960s, the theory of Optimum Currency Areas (OCAs) emerged as a by-product of the theoretical debate between fixed and flexible exchange rates. The OCAs approach singles out an economic characteristic to define an economic domain where there is exchange rate fixity erga intra, while there is exchange rate flexibility erga extra. In an optimum currency area, exchange rates fixity prevails internally without any type of internal or external disequilibrium. Each single characteristic ensures that floating or regular adjustments in nominal exchange rates are neither necessary, efficient nor desirable for stabilisation purposes. The literature proposes several economic criteria: factor mo…
Defining and measuring the network flexibility of humanitarian supply chains: insights from the 2015 Nepal earthquake
2019
International audience; The efficient and effective response to disasters critically depends on humanitarian supply chains (HSCs). HSCs need to be flexible to adapt to uncertainties in needs, infrastructure conditions, and behavior of other organizations. The concept of ‘network flexibility’ is, however, not clearly defined. The lack of an unanimous definition has led to a lack of consistent understanding and comparisons. This paper makes a threefold contribution: first, it defines the concept of network flexibility for HSC in the context of sudden onset disasters. Second, it proposes a framework to measure network flexibility in HSCs. Third, we apply our framework to the 2015 Nepal earthqu…
Success factors of Polish family businesses
2017
This article presents the results of a study carried out among family businesses operating in Poland. It is intended to supplement previously generated knowledge in the area of the operation of family businesses in the specific socio-economic and legal conditions in Poland. The objective was to collate the opinions of entrepreneurs regarding the need for visibility of the family and the family business status in business relations and the marketing activities of enterprises. The data were collected using in-depth interviews with the Polish family business owners. This paper outlines the conclusion of the study with respect to success factors such as: the trust among the family members, flex…
Revamping Research on Unrelated Diversification Strategy: Perspectives, Opportunities and Challenges for Future Inquiry
2015
With the aim of achieving an advanced understanding of current research on unrelated diversification and providing fruitful groundwork to foster active interchange between disciplinary traditions, this paper detects articles from two relevant research streams; i.e., strategic management and financial economics. We first provide a brief overview of management thinking on unrelated diversification strategy. Then, we present a conceptual map that offers a comprehensive appreciation of unrelated diversification strategy antecedents (i.e., environmental and institutional, organizational value-enhancing, and managerial drivers), implementation process (i.e., managerial complexity, misallocation o…
Moving closer? Comparing regional adjustments to shocks in EMU and the United States
2020
Highlights • Interstate migration is the main adjustment channel to labor demand shocks for the US. • EMU countries adjust through changes in labor force participation and unemployment. • Price flexibility is more important as a shock absorber for EMU. • Risk-sharing mechanisms have been more effective in the US than in the EMU. • The strength of these channels has increased for EMU ad declined for the United States.
Manufacturing Strategy: Production Problem Analysis for Assessing Focused Flexibility
2008
The objective of this chapter is to define an operationalization pattern which supports decision makers and managers in determining the level of manufacturing flexibility competences, given the business strategy and the manufacturing structure of the firm. This should drive the production system design and configuration activity. Specifically, this chapter presents an innovative approach to develop a manufacturing strategy, which is based on the idea that information on potential production problems that the manufacturing system could face throughout a given long-term planning horizon should be used as a starting point to determine the level of flexibility that the system should possess.
A Review of Key Performance Indicators for Building Flexibility Quantification to Support the Clean Energy Transition
2021
The transition to a sustainable society and a carbon-neutral economy by 2050 requires extensive deployment of renewable energy sources that, due to the aleatority and non-programmability of most of them, may seriously affect the stability of existing power grids. In this context, buildings are increasingly being seen as a potential source of energy flexibility for the power grid. In literature, key performance indicators, allowing different aspects of the load management, are used to investigate buildings’ energy flexibility. The paper reviews existing indicators developed in the context of theoretical, experimental and numerical studies on flexible buildings, outlining the current status a…
Investigation of design strategies and quantification of energy flexibility in buildings: A case-study in southern Italy
2021
Abstract The need for nearly (net) zero energy buildings in the current European landscape does not merely refer to energy balances: the aim to investigate the interaction between generation and load and find sources of technical-economic energy efficiency is marking the rise in interest throughout research and practice of energy flexibility solutions in buildings. In this regard, the study aims at enhancing the energy flexibility of a building in southern Italy through Rule-Based Control algorithms for the control of the space heating system and the charge and discharge of an electricity storage. The influence of electricity pricing and the thermal comfort conditions on flexibility is also…
Horizon: Resilience – Design of a Serious Game for Ecological Momentary Intervention for Depression
2021
Depression is the world’s most prevalent mental disorder and the primary source of disability adjusted life years (DALY). While traditional face-to-face therapies have been shown to be effective, alternative delivery methods, e.g. internet-based therapies, have been investigated to overcome barriers to access, such as lack of availability of therapists and infrastructure. This article presents the design of a mobile serious game as a novel psychological momentary ecological intervention for depressive symptoms. We discuss how selected principles and techniques of common psychological frameworks used to tackle depression, namely Cognitive Behavioral Therapy (including Behavioral Activation) …
Kognitīvo izkropļojumu saistība ar kognitīvo elastību un apzinātību
2021
Pētījuma mērķis bija noskaidrot vai pastāv saistība starp dažādiem kognitīvo izkropļojumu veidiem un kognitīvās elastības un apzinātības rādītājiem. Pētījumā piedalījās 130 respondenti ( 77 sievietes, 53 vīrieši) vecumā no 20 līdz 50 gadiem. Pētījumā tika izmantotas trīs aptaujas- Kognitīvo izkropļojumu skala (Cognitive Distortions Scale (CDS), Covin, Dozois, Ogniewiez & Seeds, 2011), Kognitīvās kontroles un elastības aptauja (The Cognitive Control & Flexibility Questionnaire; CCFQ; Gabrys, Tabri, Anisman & Matheson, 2018) un Apzinātības kognitīvā un afektīvā aptauja (Cognitive and Afective Mindfulness Scale (CAMS- R), Feldman, Hayes, Kumar, Greeson & Laurenceau, 2006). Pētījuma iegūtie rez…