The KLU faculty, post-docs, and PhD candidates regularly publish the results of their research in scientific journals. You will find a complete overview of all KLU publications below (e.g. articles in peer-reviewed journals, professional journals, books, working papers, and conference proceedings). Search for relevant terms and keywords, or filter the list by name, year of publication or type of publication. The references include DOIs and abstracts where available, and you can download them to your own reference database or platform. We regularly update the database with new publications.
Journal Articles (Peer-Reviewed)
Retter, Ralph, Christoph Fehling, Dimka Karastoyanova, Frank Leymann and Daniel Schleicher (2012): Combining horizontal and vertical composition of services, Service Oriented Computing and Applications, 6 (2): 117-130.
Abstract: Service composition is a well-established field of research in the service community. Services are commonly regarded as black boxes with well-defined interfaces that can be recursively aggregated into new services. The black-box nature of services does not only include the service implementation but also implies the use of middleware and hardware to run the services. Thus, service composition techniques are typically limited to choosing between a set of available services. In this paper, we keep the black-box nature and the principle of information hiding of services, but in addition we break up services vertically. By introducing vertical service composition, we allow services to be provisioned on demand using the middleware and runtime environment that specifically meets user-required quality of services. Therefore, a service is setup individually for services requestors instead of providing them with a pre-determined list of available services to choose from. We introduce the concept of vertical service composition and present an extension to an enterprise service bus that implements the concept of vertical service composition by combining concepts from provisioning with those of (dynamic) service binding.
Wetzstein, Branimir, Asli Zengin, Raman Kazhamiakin, Annapaola Marconi, Marco Pistore, Dimka Karastoyanova and Frank Leymann (2012): Preventing KPI Violations in Business Processes based on Decision Tree Learning and Proactive Runtime Adaptation, Journal of Systems Integration, 3 (1): 3-18.
Abstract: The performance of business processes is measured and monitored in terms of Key Performance Indicators (KPIs). If the monitoring results show that the KPI targets are violated, the underlying reasons have to be identified and the process should be adapted accordingly to address the violations. In this paper we propose an integrated monitoring, prediction and adaptation approach for preventing KPI violations of business process instances. KPIs are monitored continuously while the process is executed. Additionally, based on KPI measurements of historical process instances we use decision tree learning to construct classification models which are then used to predict the KPI value of an instance while it is still running. If a KPI violation is predicted, we identify adaptation requirements and adaptation strategies in order to prevent the violation.
Goel, Asvin and Leendert Kok (2012): Efficient Scheduling of Team Truck Drivers in the European Union, Flexible Services and Manufacturing Journal, 24 (1): 81-96.
Abstract: This paper studies the problem of scheduling working hours of team drivers in European road freight transport where a sequence of lambda locations must be visited within given time windows. Since April 2007 working hours of truck drivers in the European Union must comply with regulation (EC) No 561/2006. These regulations impose standard limits on the daily driving times of truck drivers and extended daily limits that may only be used twice a week for each driver. We present a depth-first-breadth-second search method which can find a feasible schedule complying with standard daily driving time limits in O(lambda^2) time, if such a schedule exists. Furthermore, we show that this method can also be used to find schedules complying with regulation (EC) No 561/2006 if daily driving times may exceed the standard limit.
Goel, Asvin and Louis-Martin Rousseau (2012): Truck Driver Scheduling in Canada, Journal of Scheduling, 15 (6): 783-799.
Abstract: This paper presents and studies the Canadian Truck Driver Scheduling Problem (CAN-TDSP) which is the problem of determining whether a sequence of locations can be visited within given time windows in such a way that driving and working activities of truck drivers comply with Canadian Commercial Vehicle Drivers Hours of Service Regulations. Canadian regulations comprise the provisions found in U.S. hours of service regulations as well as additional constraints on the maximum amount of driving and the minimum amount of off-duty time on each day. We present two heuristics and an exact approach for solving the CAN-TDSP. Computational experiments demonstrate the effectiveness of our approaches and indicate that Canadian regulations are significantly more permissive than U.S. hours of service regulations.
Holweg, Matthias and Frits K. Pil (2012): Outsourcing Complex Business Processes: Lessons from an Enterprise Partnership, California Management Review, 54 (3): 98-115.
Abstract: Outsourcing initiatives are key to firm efforts to focus on core competencies, alter engrained practices and attain significant cost reductions in non-core processes. Extensive thought goes into the selection of outsourcing service providers, with the aim of enlisting vendors that have the competence and reputation to lower cost and enhance service levels. However, in addition to traditional fee-for-service outsourcing, another option is to develop a new enterprise that is wholly or partially owned by the outsourcing entity to take on the activities that are externalized—a so-called “enterprise partnership.” This article examines one of the first examples of such a partnership: BAE Systems' efforts to outsource its HR services in collaboration with Xchanging. It tracks the evolution of the resulting enterprise partnership from the perspective of both the new vendor and the outsourcing firm. The article also discusses the need for explicit contractual recognition of key phases of the outsourcing life cycle as a means to reduce inevitable in-process conflict. Understanding the divergence of interests that naturally emerge is critical to realizing the long-term promise that enterprise partnerships offer.
McKinnon, Alan C. and Maja I. Piecyk (2012): Setting targets for reducing carbon emissions from logistics: current practice and guiding principles, Carbon Management, 3 (6): 629-639.
Abstract: This article examines the different approaches that companies can take to setting targets for the reduction of carbon emissions from their logistics operations. The research suggests that target-setting practices differ widely in this field. It is common for firms simply to apply corporate-level targets to logistics, despite the fact that carbon abatement potential and cost–effectiveness vary by function and activity. A small minority of firms have systematically analyzed the possible carbon savings from specific interventions and technologies. To improve their credibility and consistency, carbon reduction targets need to conform to certain principles. The article proposes a series of principles applicable to the decarbonization of logistics. It is based mainly on a literature review, semi-structured interviews with a sample of logistics managers and involvement in an industry-wide initiative to cut logistics-related carbon emissions.
Liimatainen, Heikki, Pekka Stenholm, Petri Tapio and Alan C. McKinnon (2012): Energy efficiency practices among road freight hauliers, Energy Policy Special Section: Past and Prospective Energy Transitions - Insights from History, 50: 833-842.
Abstract: The reduction of greenhouse gases (GHG) is a highly prevalent public policy goal among European Union member countries. In the new White Paper on transport, the role of road freight transports in this is strongly emphasized. This far, however, the efficiency practices utilised in logistics firms are less studied. Drawing from policy goals and new survey data on 295 road transport firms our results show that hauliers are aware of the possible energy efficiency actions but lack the knowledge and resources to fully utilize them. Energy efficiency seems also to be unimportant for many shippers, so there are no incentives for hauliers to improve it. Examples from various countries show that clear energy efficiency improvements can be achieved with active cooperation between hauliers, shippers and policy makers. Such cooperation can be developed in Finland through the sectoral energy efficiency agreements. The novelty and the utility of these results allow scholars to answer important open questions in the national-level determinants of enhancing energy efficiency practices among road freight hauliers, and contribute to our understanding of how these can be fostered in public policies.
Sodhi, ManMohan S., Byung-Gak Son and Christopher S. Tang (2012): Researchers' Perspectives on Supply Chain Risk Management, Production and Operations Management, 21 (1): 1-13.
Abstract: Supply chain risk management (SCRM) is a nascent area emerging from a growing appreciation for supply chain risk by practitioners and by researchers. However, there is diverse perception of research in supply chain risk because these researchers have approached this area from different domains. This paper presents our study of this diversity from the perspectives of operations and supply chain management scholars: First, we reviewed the researchers' output, i.e., the recent research literature. Next, we surveyed two focus groups (members of Supply Chain Thought Leaders and International SCRM groups) with open-ended questions. Finally, we surveyed operations and supply chain management researchers during the 2009 INFORMS meeting in San Diego. Our findings characterize the diversity in terms of three “gaps”: a definition gap in how researchers define SCRM, a process gap in terms of inadequate coverage of response to risk incidents, and a methodology gap in terms of inadequate use of empirical methods. We also list ways to close these gaps as suggested by the researchers.
Fischer, Marc, Sönke Albers, Nils Wagner and Monika Frie (2012): Dynamically Allocating the Marketing Budget: How to leverage profits across markets, products and marketing activities, GfK Marketing Intelligence Review, 4 (1): 50-59.
Abstract: Marketing budget decisions are critical and should be fact based rather than intuitive. Profit can be improved by better allocating a fixed budget across products or regions. The Excel-based decision support model presented in this article makes it possible to determine near-optimal marketing budgets and represents an innovative and feasible solution to the dynamic marketing allocation budget problem for multi-product, multi-country firms. The model accounts for marketing dynamics and a product's growth potential as well as for trade-offs with respect to marketing effectiveness and profit contribution. It was successfully implemented at Bayer, one of the world's largest firms in the pharmaceuticals and chemicals business. The profit improvement potential in this company was more than 50 % and worth nearly EUR 500 million in incremental discounted cash flows.
Goel, Asvin (2012): The Canadian Minimum Duration Truck Driver Scheduling Problem, Computers & Operations Research, 39 (10): 2359-2367.
Abstract: In Canada transport companies must ensure that truck drivers can comply with Canadian Commercial Vehicle Drivers Hours of Service Regulations. Canadian regulations comprise the provisions found in US hours of service regulations as well as additional constraints on the maximum amount of driving and the minimum amount of off-duty time on each day. This paper presents a mixed integer programming formulation and an iterative dynamic programming approach for minimising the duration of truck driver schedules complying with Canadian hours of service regulations. Computational experiments show that schedule durations can be significantly reduced compared with a previously presented approach which only focuses on feasibility.
Goel, Asvin (2012): The Minimum Duration Truck Driver Scheduling Problem, EURO Journal on Transportation and Logistics, 1 (4): 285-306.
Abstract: Truck driver scheduling problems are important subproblems of real-life vehicle routing and scheduling problems because rest periods required by government regulations have a significant impact on travel and arrival times and vehicle routes generated without considering these regulations are often practically infeasible. This paper presents a mixed integer programming formulation and a dynamic programming approach for solving a variant of the truck driver scheduling problem in which truck drivers may only rest at customer locations and at suitable parking lots. The objective of the problem is to find a truck driver schedule with minimal duration. The model presented in this paper is very flexible and can be configured to consider different sets of rules imposed by government regulations and union contracts. The effectiveness of the dynamic programming approach is demonstrated for working hour regulations in the United States and in the European Union.
Goel, Asvin, Claudia Archetti and Martin Savelsbergh (2012): Truck Driver Scheduling in Australia, Computers & Operations Research, 39 (5): 1122-1132.
Abstract: In September 2008 new regulations for managing heavy vehicle driver fatigue entered into force in Australia. According to the new regulations there is a chain of responsibility ranging from drivers to dispatchers and shippers and thus, carriers must explicitly consider driving and working hour regulations when generating truck driver schedules. This paper presents and studies the Australian Truck Driver Scheduling Problem (AUS-TDSP) which is the problem of determining whether a sequence of locations can be visited within given time windows in such a way that driving and working activities of truck drivers comply with Australian Heavy Vehicle Driver Fatigue Law.
Besiou, Maria, Patroklos Georgiadis and Luk N. Van Wassenhove (2012): Official recycling and scavengers: Symbiotic or conflicting?, European Journal of Operational Research, 218 (2): 563-576.
Abstract: Nowadays, especially in developed countries, the traditional collection of end-of-use products by scavengers has been displaced by formal waste recovery systems. However, scavenging still exists, especially in places with collection capacity shortages and/or low living standards. Besides its obvious social implications, the financial and environmental aspects of scavenging are certainly not trivial. Informal recycling of waste electrical and electronic equipment (WEEE) by scavengers not only constrains profits of the formal system. In their effort to recover the value of end-of-use products, scavengers also pollute the environment if toxic substances leak when WEEE is not properly disposed of. We investigate the impact of scavenging on the operations of the formal recovery system of WEEE, under three regulatory measures, using system dynamics methodology. By using data from a real world closed-loop supply chain that operates in Greece extended numerical experimentation revealed that a legislation incorporating scavengers into the formal waste recovery system (instead of either ignoring or prohibiting their participation) is beneficial for economical, environmental and social sustainability.
Baur, Dirk G. (2012): Financial contagion and the real economy, Journal of Banking & Finance, 36 (10): 2680-2692.
Abstract: This paper studies the spread of the Global Financial Crisis of 2007–2009 from the financial sector to the real economy by examining ten sectors in 25 major developed and emerging stock markets. The analysis tests different channels of financial contagion across countries and sectors and finds that the crisis led to an increased co-movement of returns among financial sector stocks across countries and between financial sector stocks and real economy stocks. The results demonstrate that no country and sector was immune to the adverse effects of the crisis limiting the effectiveness of portfolio diversification. However, there is clear evidence that some sectors in particular Healthcare, Telecommunications and Technology were less severely affected by the crisis.
Baur, Dirk G. (2012): Asymmetric Volatility in the Gold Market, The Journal of Alternative Investments, 14 (4): 26-38.
Abstract: The volatility of equity returns generally exhibits an asymmetric reaction to positive and negative shocks. Economic explanations for this phenomenon are leverage and a volatility feedback effect. This article studies the volatility of gold and demonstrates that there is an inverted asymmetric reaction to positive and negative shocks—positive shocks increase volatility more than negative shocks. The author argues that this effect is related to the safe-haven property of gold. Investors interpret positive gold price changes as a signal for future adverse conditions and uncertainty in other asset markets. This introduces uncertainty in the gold market and thus higher volatility. The empirical results hold for gold bullion and gold coins denominated in different currencies and for different return frequencies, sample periods, and distributional assumptions. Finally, the author shows that the inverted volatility effect of gold can lower the aggregate risk of a portfolio for specific correlation levels.
Baur, Dirk G., Thomas Dimpfl and Robert C. Jung (2012): Stock return autocorrelations revisited: A quantile regression approach, Journal of Empirical Finance, 19 (2): 254-265.
Abstract: The aim of this study is to provide a comprehensive description of the dependence pattern of stock returns by studying a range of quantiles of the conditional return distribution using quantile autoregression. This enables us to study the behavior of extreme quantiles associated with large positive and negative returns in contrast to the central quantile which is closely related to the conditional mean in the least-squares regression framework. Our empirical results are based on 30 years of daily, weekly and monthly returns of the stocks comprised in the Dow Jones Stoxx 600 index. We find that lower quantiles exhibit positive dependence on past returns while upper quantiles are marked by negative dependence. This pattern holds when accounting for stock specific characteristics such as market capitalization, industry, or exposure to market risk.
Baur, Dirk G. and Kristoffer J. Glover (2012): The Destruction of a Safe Haven Asset?, Applied Finance Letters, 1 (1): 8-15.
Abstract: Gold has been a store of value for centuries and a safe haven for investors in the pastdecades. However, the increased investment in gold for speculative or hedging purposes has changed the safe haven property. We demonstrate theoretically and empirically that investor behaviour has the potential to destroy the safe haven property of gold. The results suggest that an asset cannot be both an investment asset and an effective safe haven asset. This finding has important implications for financial stability since assets are more likely to exhibit excess comovement and volatility in the absence of a safe haven.
Albers, Sönke (2012): Optimizable and implementable aggregate response modeling for marketing decision support, International Journal of Research in Marketing, 29 (2): 111-122.
Abstract: The methodological discussion on the calibration of aggregate marketing response models has shifted away from how to obtain usable input for optimization toward how to avoid biases in statistical estimation. The purpose of this article is to remind researchers that such calibration is performed either to support managers in their marketing-mix decisions or to create general knowledge that leads to a better understanding of marketing relationships and thus indirectly supports decisions. Both goals require response models that are optimizable. The models must also be implementable if actual decision support is the objective. Herein, I identify several aspects for which these requirements are not always fulfilled: First, the appropriateness of the chosen functional form of the marketing response models is rarely discussed, although different forms imply quite different optimal solutions. Second, endogeneity is taken into account by structural equations, even though we lack sufficient information on how managers reach their decisions. Third, estimation methods for response models are often evaluated based on goodness-of-fit, while an assessment of their usefulness for subsequent optimization is neglected. Therefore, I provide recommendations for improving the current practice by better specifying the response function and undertaking more simulation-based evaluations of the best estimation method for use in subsequent optimization. With respect to implementation, usability can be facilitated using spreadsheets and heuristics. Moreover, gaining generalizable and replicable knowledge requires better documentation of results, which can be achieved through providing elasticities and as many details as are necessary to replicate a study, thereby enabling faster learning.
Tröster, Christian and Daan van Knippenberg (2012): Leader openness, nationality dissimilarity, and voice in multinational management teams, Journal of International Business Studies, 43 (6): 591-613.
Abstract: We argue that leader-directed voice (i.e., communicating critical suggestions for change to the leader) is a relational phenomenon, and that it is affected by an inherent feature of multinational teams: members’ (dis)similarities in nationality. We tested our hypotheses in a sample of middle managers who were working in multinational teams. The results of this study show that leaders of multinational teams are more likely to profit from the local know-how of employees from underrepresented nationalities when they are open to their ideas, and when they have the same nationality. The study also shows that the effects of being open to employees’ ideas and sharing the same nationality are mediated by affective commitment and psychological safety, respectively. We discuss how, even though the current relational demography perspective with its dichotomous understanding of (dis)similarity is not suited to capture the dynamics of cultural differences, it does set the stage for future studies to examine the cultural dynamics behind an individual's experience of being different from other team members in multinational teams. We also discuss the practical implications of these findings for multinational companies.
Christopher, Martin and Matthias Holweg (2011): “Supply Chain 2.0”: Managing supply chains in the era of turbulence, International Journal of Physical Distribution & Logistics Management, 41 (1): 63-82.
Holweg, Matthias (2011): Why there is no Insignificance for a Relevant Question, Journal of Supply Chain Management, 47 (4): 19-20.
Holweg, Matthias, Andreas Reichhart and Eui Hong (2011): On Risk and Cost in Global Sourcing, International Journal of Production Economics, 131 (1): 333-341.
Giessner, Steffen R., Michelle K. Ryan, Thomas W. Schubert and Niels Van Quaquebeke (2011): The power of pictures: Vertical picture angles in power pictures, Media Psychology, 14 (4): 442-464.
Abstract: Conventional wisdom suggests that variations in vertical picture angle cause the subject to appear more powerful when depicted from below and less powerful when depicted from above. However, do the media actually use such associations to represent individual differences in power? We argue that the diverse perspectives of evolutionary, social learning, and embodiment theories all suggest that the association between verticality and power is relatively automatic and should, therefore, be visible in the portrayal of powerful and powerless individuals in the media. Four archival studies (with six samples) provide empirical evidence for this hypothesis and indicate that a salience power context reinforces this effect. In addition, two experimental studies confirm these effects for individuals producing media content. We discuss potential implications of this effect.
Nuttall, William J., Matthias Holweg and Michael E. Leybovich (2011): Too Big to Fail — Lessons for Today and the Future from British Industrial Policy, 1960–1990, Technological Forecasting and Social Change, 78 (8): 1286-1298.
Van Quaquebeke, Niels, Daan van Knippenberg and Tilman Eckloff (2011): Individual differences in the leader categorization to openness to influence relationship The role of followers’ self-perception and social comparison orientation, Group Processes and Intergroup Relations, 14 (5): 605-622.
Abstract: Contemporary so called follower-centric leadership theories often argue that “good leadership is in the eye of the beholder”. Leader categorization theory, for instance, suggests that subordinates use their cognitive representation of an ideal leader (ideal leader prototype) as an implicit “benchmark” to determine their openness towards the target’s leadership, i.e., influence. With the present study, we extend this rationale by hypothesizing that such benchmarking processes are subject to follower individual differences. In particular, we argue that the process of leader categorization plays a bigger role for subordinates who perceive themselves as ideal (potential) leaders. Moreover, this two-way moderation is proposed to be further qualified by subordinates’ disposition to engage in social comparison orientation. Results of two field samples with employees (N = 140; N = 287) confirm our hypotheses. In integrating the leader categorization perspective with an individual difference perspective, we not only expand the scope of follower-centric theorizing on social influence, but also support its validity.