Christoph Weber

Close-Out-Netting ist eine zentrale Risikomanagementtechnik fur Finanzmarktakteure, ohne dessen insolvenzrechtliche Privilegierung die Markte fur ausserborsliche Derivate und fur Wertpapierfinanzierungsgeschafte in ihrer heutigen Form nicht denkbar waren. Der europaische Gesetzgeber hat im Laufe der Zeit eine weit verstreute Zahl an Regelungen mit Relevanz fur die rechtssichere Ausgestaltung des Close-Out-Netting erlassen. Diese punktuelle Rechtsetzung fuhrt jedoch zu kaum zu beherrschender Komplexitat. Die Arbeit untersucht deshalb das Zusammenspiel der verschiedenen Regelungskomplexe und zeigt auf, wie Normwiderspruche aufgelost werden konnen und wo Potenzial fur Reformen besteht.

In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems. Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.

In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems. Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.

Mit zunehmender Popularität werden Drohnen nicht nur privat, sondern auch beispielsweise in der Landwirtschaft oder Wissenschaft erfolgreich eingesetzt. Obwohl es immer wieder zu negativen Schlagzeilen kommt, bleiben sie ein Erfolg. Aber haben Sie sich schon mal Gedanken gemacht, wie Drohnen überhaupt funktionieren? Oder welche Probleme bei der Entwicklung entstehen?Die Elektronik einer Drohne besteht aus einer Vielzahl von Komponenten, die näher beschrieben und ihr Zusammenspiel erklärt wird. Dabei wird die Thematik so erläutert, dass sie auch ohne tiefgreifendes technisches Vorwissen verstanden werden kann.

Der Jesuitenorden stand im 17. und 18. Jahrhundert oft in einem scharfen Gegensatz zu den Ortsbischoefen, in Konkurrenz mit anderen gelehrten Orden und im Konflikt mit dem Pfarrklerus, vor allem wegen seiner neuartigen Theologie. Die funf neu edierten Texte geben darin einen bisher unbekannten Einblick. Sie stammen aus der Feder von prominenten Jansenisten, welche die kirchliche Tradition verteidigten.

Die Verdammung des jansenistischen Theologen Pasquier Quesnel durch Papst Clemens XI. fand scharfen Widerspruch bei vielen franzoesischen Autoren. Hier werden zentrale Texte dieser Kritik zusammen mit 15 Lebenslaufen der Opponenten erstmals ubersichtlich zusammengefuhrt.

They apply their professional and personal knowledge as family office specialists to provide details on organization of the family office, governance structures, asset allocation, succession and family governance planning and more.

Unternehmer erhalten durch dieses Buch entscheidenden Rat in der Frage, welche Art von Family Office für sie passt. Wichtige Fragen sind: Welche Leistungen kann das Family Office erbringen? Welche Rechtsform soll das Family Office haben und wie soll es strukturiert sein? Was kann es zum Familienmanagement beitragen? Wer darf wann welche Leistungen zu welchem Preis beziehen? Wer darf entscheiden und wann? Wer bekommt Informationen und zu welchem Zeitpunkt? Fundiert und praxiserprobt zeigen die Autoren die wichtigsten Aufgaben und Ausgestaltungsmöglichkeiten auf. Auch Family Officer und Berater erhalten wertvolle Hinweise, ergänzt durch ausgewählte Interviews mit Unternehmern und Spezialisten.

Managing a successful transition of the current energy supply system to less carbon emitting options, ensuring a safe and secure supply during the whole process and in the long term, is one of the largest challenges of our time. Various approaches and first implementations show that it is not only technological issue, but also a matter of societal acceptance and acceptability, considering basic ethic values of the society.The main foci of the book are, thus, to develop an understanding about the specific challenges of the scientific policy advice in the area, to explore typical current approaches for the analysis of future energy systems and to develop criteria for the quality assessment and guidelines for the improvement of such studies.The book provides assistance to the interpretation of existing studies and guidelines for setting up and carrying out new analyses as well as for communicating and applying the results. Thereby, it aims to support the involved actors such as the respective scientific experts and researchers as well as decision makers, energy suppliers, stakeholders and the interested public in designing procedures for a successful transition process. The study elaborates consistent interdisciplinary advice as contribution for realising a continuously safe and secure, long-term viable energy supply in spite of diverse interests, multi-level responsibilities, multi-dimensional processes, large uncertainties and lack of knowledge about future developments.

Entgegen dem gängigen Trend, Erziehung als statisches Merkmal zu verstehen, legt Christoph Weber seinen Fokus explizit auf Zusammenhänge zwischen Änderungen von Erziehungsdimensionen und Änderungen von externalisierenden Verhaltensproblemen. Unter Verwendung der Daten des DJI-Kinderpanels und anhand von Latent-Difference-Score- und Latent-Growth-Curve-Modellen zeigt er, dass Externalisierungsprobleme im untersuchten Altersintervall (8-11 Jahre) rückläufig sind, eine unterstützende Erziehung den Rückgang der Verhaltensprobleme fördert bzw. eine koerzive Kontrolle dem Rückgang im Wege steht. Effekte der Externalisierungsprobleme der Kinder auf die Erziehung (Child Effects) werden über die mütterliche Wärme (Liebe und Vertrauen) vermittelt.

Managing a successful transition of the current energy supply system to less carbon emitting options, ensuring a safe and secure supply during the whole process and in the long term, is one of the largest challenges of our time. Various approaches and first implementations show that it is not only technological issue, but also a matter of societal acceptance and acceptability, considering basic ethic values of the society.The main foci of the book are, thus, to develop an understanding about the specific challenges of the scientific policy advice in the area, to explore typical current approaches for the analysis of future energy systems and to develop criteria for the quality assessment and guidelines for the improvement of such studies.The book provides assistance to the interpretation of existing studies and guidelines for setting up and carrying out new analyses as well as for communicating and applying the results. Thereby, it aims to support the involved actors such as the respective scientific experts and researchers as well as decision makers, energy suppliers, stakeholders and the interested public in designing procedures for a successful transition process. The study elaborates consistent interdisciplinary advice as contribution for realising a continuously safe and secure, long-term viable energy supply in spite of diverse interests, multi-level responsibilities, multi-dimensional processes, large uncertainties and lack of knowledge about future developments.

Around the world, liberalization and privatization in the electricity industry have lead to increased competition among utilities. At the same time, utilities are now exposed more than ever to risk and uncertainties, which they cannot pass on to their customers through price increases as in a regulated environment. Especially electricity-generating companies have to face volatile wholesale prices, fuel price uncertainty, limited long-term hedging possibilities and huge, to a large extent, sunk investments. In this context, Uncertainty in the Electric Power Industry: Methods and Models for Decision Support aims at an integrative view on the decision problems that power companies have to tackle. It systematically examines the uncertainties power companies are facing and develops models to describe them - including an innovative approach combining fundamental and finance models for price modeling. The optimization of generation and trading portfolios under uncertainty is discussed with particular focus on CHP and is linked to risk management. Here the concept of integral earnings at risk is developed to provide a theoretically sound combination of value at risk and profit at risk approaches, adapted to real market structures and market liquidity. Also methods for supporting long-term investment decisions are presented: technology assessment based on experience curves and operation simulation for fuel cells and a real options approach with endogenous electricity prices.