Wissenschaftlicher Artikel
Filtern
Erscheinungsjahr
- 2008 (3) (entfernen)
Dokumenttyp
- Wissenschaftlicher Artikel (3) (entfernen)
Volltext vorhanden
- ja (3) (entfernen)
Gehört zur Bibliographie
- nein (3)
Schlagworte
- D49 (1)
- Entwicklungspolitik (1)
- G21 (1)
- G24 (1)
- IS research (1)
- Klimaschutzfond (1)
- Klimawandel (1)
- Language Critique (1)
- Zetrifikate-Handel (1)
- communication (1)
Institut
- Wirtschaftswissenschaften (3) (entfernen)
We propose a theory characterizing information systems (IS) as language communities which use and develop domain-specific languages for communication. Our theory is anchored in Language Critique, a branch of philosophy of language. In developing our theory, we draw on Systems Theory and Cybernetics as a theoretical framework. "Organization" of a system is directly related to communication of its sub-systems. "Big systems" are self-organizing and the control of this ability is disseminated throughout the system itself. Therefore, the influence on changes of the system from its outside is limited. Operations intended to change an organization are restricted to indirect approaches. The creation of domain-specific languages by the system itself leads to advantageous communication costs compared to colloquial communication at the price of set-up costs for language communities. Furthermore, we demonstrate how our theoretical constructs help to describe and predict the behavior of IS. Finally, we discuss implications of our theory for further research and IS in general. Keywords: Language Critique, language communities, communication, self-organization, IS research
We highlight the implications of combining underwriting services and lending for the choice of underwriters and for competition in the underwriting business. We show that cross-selling can increase underwriters’ incentives, and we explain three phenomena: first, that cross-selling is important for universal banks to enter the investment banking business; second, that cross-selling is particularly attractive for highly leveraged borrowers; third, that less-than-market rates are no prerequisite for cross-selling to benefit a bank’s clients. In our model, cross-selling reduces rents in the underwriting business.