@article{SchmitzWeber2012, author = {Schmitz, Philipp and Weber, Martin}, title = {Buying and selling behavior of individual investors in option-like securities}, series = {Die Betriebswirtschaft : DBW}, volume = {72}, journal = {Die Betriebswirtschaft : DBW}, number = {5}, publisher = {Sch{\"a}ffer-Poeschel}, address = {Stuttgart}, issn = {0342-7064}, doi = {10.2139/ssrn.2055088}, pages = {409 -- 426}, year = {2012}, abstract = {We analyze the trading behavior of individual investors in option-like securities, namely bankissued warrants, and thus expand the growing literature of investors behavior to a new kind of securities. A unique data set from a large German discount broker gives us the opportunity to analyze the trading behavior of 1,454 investors, making 89,958 transactions in 6,724 warrants on 397 underlyings. In different logit regression, we make use of the facts that investors can speculate on rising and falling prices of the underlying with call and put warrants and that we also have information about the stock portfolios of the investors. We report several facts about the trading behavior of individual investors in warrants that are consistent with the literature on the behavior of individual investors in the stock market. The warrant investors buy calls and sell puts if the price of the underlying has decreased over the past trading days and they sell calls and buy puts if the price of the underlying has increased. That means, the investors follow negative feedback trading strategies in all four trading categories observed. In addition, we find strong evidence for the disposition effect for call as well as put warrants, which is reversed in December. The trading behavior is also influenced if the underlying reaches some exceptionally prices, e.g. highs, lows or the strike price. We show that hedging, as one natural candidate to buy puts, does not play an important role in the market for bank-issued warrants.}, language = {en} } @article{SchmitzWeber2007, author = {Schmitz, Philipp and Weber, Martin}, title = {Buying and selling behavior of individual investors in option-like securities}, pages = {1 -- 36}, year = {2007}, language = {en} } @unpublished{SchmuellingGuetzlaffCzupalla2024, author = {Schm{\"u}lling, Max and G{\"u}tzlaff, Joel and Czupalla, Markus}, title = {A thermal simulation environment for moving objects on the lunar surface}, doi = {10.21203/rs.3.rs-3902363/v1}, pages = {12 Seiten}, year = {2024}, abstract = {This paper presents a thermal simulation environment for moving objects on the lunar surface. The goal of the thermal simulation environment is to enable the reliable prediction of the temperature development of a given object on the lunar surface by providing the respective heat fluxes for a mission on a given travel path. The user can import any object geometry and freely define the path that the object should travel. Using the path of the object, the relevant lunar surface geometry is imported from a digital elevation model. The relevant parts of the lunar surface are determined based on distance to the defined path. A thermal model of these surface sections is generated, consisting of a porous layer on top and a denser layer below. The object is moved across the lunar surface, and its inclination is adapted depending on the slope of the terrain below it. Finally, a transient thermal analysis of the object and its environment is performed at several positions on its path and the results are visualized. The paper introduces details on the thermal modeling of the lunar surface, as well as its verification. Furthermore, the structure of the created software is presented. The robustness of the environment is verified with the help of sensitivity studies and possible improvements are presented.}, language = {en} } @inproceedings{SchnabelBerndt1973, author = {Schnabel, Eberhard and Berndt, Heinz}, title = {Zur selektive Abspaltbarkeit der t-Butyloxycarbonylgruppe}, series = {Peptides 1971 : proceedings of the Eleventh European Peptide Symposium, Vienna, Austria, April 1971}, booktitle = {Peptides 1971 : proceedings of the Eleventh European Peptide Symposium, Vienna, Austria, April 1971}, editor = {Nesvadba, H.}, publisher = {North-Holland Publ. [u.a.]}, address = {Amsterdam [u.a.]}, isbn = {0-7204-4120-X}, pages = {69 -- 70}, year = {1973}, language = {en} } @inproceedings{SchneckenburgerFranzenGligorevicetal.2011, author = {Schneckenburger, N. and Franzen, N. and Gligorevic, Snjezana and Schnell, M.}, title = {L-band compatibility of LDACS1}, series = {IEEE/AIAA 30th Digital Avionics Systems Conference (DASC) : 16 - 20 Oct. 2011, Seattle, Wash.}, booktitle = {IEEE/AIAA 30th Digital Avionics Systems Conference (DASC) : 16 - 20 Oct. 2011, Seattle, Wash.}, organization = {Institute of Electrical and Electronics Engineers}, isbn = {978-1-61284-797-9}, issn = {2155-7195}, pages = {4C3-1 -- 4C3-11}, year = {2011}, language = {en} } @incollection{SchneiderWisselinkCzarneckietal.2024, author = {Schneider, Dominik and Wisselink, Frank and Czarnecki, Christian and N{\"o}lle, Nikolai}, title = {Benefits and framework conditions for information-driven business models concerning the Internet of Things}, series = {Digitalization in companies}, booktitle = {Digitalization in companies}, publisher = {Springer}, address = {Wiesbaden}, isbn = {978-3-658-39093-8 (Print)}, doi = {10.1007/978-3-658-39094-5_5}, pages = {59 -- 75}, year = {2024}, abstract = {In the context of the increasing digitalization, the Internet of Things (IoT) is seen as a technological driver through which completely new business models can emerge in the interaction of different players. Identified key players include traditional industrial companies, municipalities and telecommunications companies. The latter, by providing connectivity, ensure that small devices with tiny batteries can be connected almost anywhere and directly to the Internet. There are already many IoT use cases on the market that provide simplification for end users, such as Philips Hue Tap. In addition to business models based on connectivity, there is great potential for information-driven business models that can support or enhance existing business models. One example is the IoT use case Park and Joy, which uses sensors to connect parking spaces and inform drivers about available parking spaces in real time. Information-driven business models can be based on data generated in IoT use cases. For example, a telecommunications company can add value by deriving more decision-relevant information - called insights - from data that is used to increase decision agility. In addition, insights can be monetized. The monetization of insights can only be sustainable, if careful attention is taken and frameworks are considered. In this chapter, the concept of information-driven business models is explained and illustrated with the concrete use case Park and Joy. In addition, the benefits, risks and framework conditions are discussed.}, language = {en} } @incollection{SchneiderWisselinkNoelleetal.2020, author = {Schneider, Dominik and Wisselink, Frank and N{\"o}lle, Nikolai and Czarnecki, Christian}, title = {Influence of artificial intelligence on commercial interactions in the consumer market}, series = {Automatisierung und Personalisierung von Dienstleistungen : Methoden - Potenziale - Einsatzfelder}, booktitle = {Automatisierung und Personalisierung von Dienstleistungen : Methoden - Potenziale - Einsatzfelder}, editor = {Bruhn, Manfred and Hadwich, Karsten}, publisher = {Springer Gabler}, address = {Wiesbaden}, isbn = {978-3-658-30167-5 (Print)}, doi = {10.1007/978-3-658-30168-2_7}, pages = {183 -- 205}, year = {2020}, abstract = {Recently, novel AI-based services have emerged in the consumer market. AI-based services can affect the way consumers take commercial decisions. Research on the influence of AI on commercial interactions is in its infancy. In this chapter, a framework creating a first overview of the influence of AI on commercial interactions is introduced. This framework summarizes the findings of comparing numerous customer journeys of novel AI-based services with corresponding non-AI equivalents.}, language = {en} } @article{SchneiderTran2015, author = {Schneider, Felix and Tran, Duc Hung}, title = {On the relation between the fair value option and bid-ask spreads: descriptive evidence on the recognition of credit risk changes under IFRS}, series = {Journal of Business Economics}, volume = {85}, journal = {Journal of Business Economics}, number = {9}, publisher = {Springer}, address = {Berlin}, issn = {1861-8928}, doi = {10.1007/s11573-015-0776-2}, pages = {1049 -- 1081}, year = {2015}, language = {en} } @inproceedings{SchneiderAlHakimKayseretal.2017, author = {Schneider, Oliver and Al Hakim, Taher and Kayser, Peter and Digel, Ilya}, title = {Development and trials of a test chamber for ultrasound-assisted sampling of living cells from solid surfaces}, series = {2nd YRA MedTech Symposium 2017 : June 8th - 9th / 2017 / Hochschule Ruhr-West}, booktitle = {2nd YRA MedTech Symposium 2017 : June 8th - 9th / 2017 / Hochschule Ruhr-West}, editor = {Erni, Daniel and Fischerauer, Alice and Himmel, J{\"o}rg and Seeger, Thomas and Thelen, Klaus}, publisher = {Universit{\"a}t Duisburg-Essen}, address = {Duisburg}, organization = {MedTech Symposium}, isbn = {978-3-9814801-9-1}, doi = {10.17185/duepublico/43984}, pages = {96 -- 97}, year = {2017}, language = {en} } @inproceedings{SchnellBrandesGligorevicetal.2008, author = {Schnell, Michael and Brandes, Sinja and Gligorevic, Snjezana and Walter, M. and Rihacek, Christoph and Sajatovic, Miodrag and Haindl, Bernhard}, title = {Interference mitigation for broadband L-DACS}, series = {27th IEEE/AIAA Digital Avionics Systems Conference : DASC 2008 : 26-30 Oct. 2008, St. Paul, Minn.}, booktitle = {27th IEEE/AIAA Digital Avionics Systems Conference : DASC 2008 : 26-30 Oct. 2008, St. Paul, Minn.}, organization = {Institute of Electrical and Electronics Engineers}, isbn = {978-1-4244-2207-4 ; 978-1-4244-2208-1}, pages = {2B2-1 -- 2B2-12}, year = {2008}, language = {en} }