Design für Kostentransparenz in Anlageberatungsgespr?chen

Investment advisory services of financial service providers (FSPs) exhibit several characteristics that are detrimental to advisory quality. The interaction of advisor and client is strained by a lack of transparency regarding the advisory process (what activities are performed and why) and the information used therein (what information is used for what purpose and with what effect), as well as regarding the precise costs of the service and the recommended products. In prior research, we suggested that process and information transparency issues may be appropriately addressed with collaborative information technology (IT) artifacts. In this paper, we argue that collaborative, transparent artifacts may also be a premise of enabling cost transparency. To this end, we describe a complete research cycle of designing, implementing, and evaluating a shared cost-transparent IT artifact to support client-advisor interaction in investment advisory encounters. Evaluation results suggest the efficacy of our design in improving the clients?? perceived cost transparency as well as increase their satisfaction and their willingness to pay for the received investment advice. These findings may also challenge the common belief of FSPs that transparent, fee-based advisory services would neither be accepted by clients nor be economically viable. Practical implications of these findings for designing advisory encounters with supportive IT are discussed.     

Experimentelle Untersuchung zur Tropfenbildung in kontinuierlich betriebenen Rotor‐Stator‐Maschinen

Rotor‐stator‐machinery is characterized in continuous operation by a homogeneous power input and a defined residence time. The influence of the equipment configuration and process design in the laminar flow regime was considered little till now. In order to fill this knowledge gap, the process behavior of this type of device was systematically investigated experimentally under axial flow conditions, as well as an energetic optimization of the machine configuration was performed.     

An observer‐metamerism sensitivity index for electronic displays

The effect of observer metamerism induced by electronic displays depends to a large extent on their primary spectra (red, green, and blue in the most common case). In particular, for narrow‐band primary spectra whose peak wavelength lies in the range of high variability of the observer's color‐matching function, some observers can experience very large differences between actual surface colors (e.g. in a light booth) and displayed colors if the monitor is optimized for the International Commission on Illumination (CIE) 1931 standard observer. However, because narrow‐band light‐emitting diodes lead to larger color gamuts, more and more monitors with very narrow band primaries are coming onto the market without manufacturers taking into account the associated problem of observer variations. Being able to measure these variations accurately and efficiently is therefore an important objective. In this paper, we propose a new approach to predict the extent of observer metamerism for a particular multiprimary display. Unlike existing dedicated models, ours does not depend on a reference illuminant and a set of reflectance spectra and is computationally more efficient.     

Raman investigation of single oxidized carbon nanotubes

The oxidation process of single-walled carbon nanotubes via nitric acid treatment was followed by IR-, UV-Vis-NIR, and single bundle Raman spectroscopy. The introduction of functional, oxygen-containing groups is revealed by an additional absorption band at 1725 cm⁻¹, characteristic of carbonyl stretch vibrations. No significant shift of the optical absorption bands could be detected after oxidation. The combination of atomic force microscopy and confocal scanning resonance-enhanced Raman microscopy was used to investigate thin bundles and, eventually, individual nanotubes in detail. These experiments enabled determination of the dependence of the Raman intensity of the G-line (around 1590 cm⁻¹) on the bundle height for both non-oxidized and oxidized tubes. The Raman cross-section of the oxidized tubes was found to be reduced by a factor of ˜4, compared to the pristine tubes. This observation is ascribed to all tubes within a bundle that are oxidized to the same degree.     

In-situ measurement of higher-order strain derivatives for advanced analysis of forming processes using spatio-temporal optical flow

In-situ full-field measurements became one of the drivers for process understanding, model creation, validation and inverse analysis. Therefore, a novel spatio-temporal optical flow method for the robust measurement of higher-order strain derivatives is proposed. This computer vision approach overcomes inherent restrictions of established DIC methods. For advanced process analysis of shear cutting processes, the deformation curvature (2nd-order displacement derivative) and the respective rate (3rd-order displacement derivative) are of high interest. For the first time, it is possible to quantify experimentally these higher-order derivatives in sufficient quality with the proposed spatio-temporal optical flow approach. In addition, interesting correlations between the microstructure of the material and macroscopic process results are determined. This demonstrates the potential of the novel in-situ measurement approach for the advanced process analysis of metal forming processes in general.     

Current Trends in Pretreatment and Fractionation of Lignocellulose as Reflected in Industrial Patent Activities

The pretreatment process to disintegrate lignocellulose and to fractionate its three main components hemicellulose, cellulose, and lignin, is a crucial step to enable sustainable and economic value chains based on biomass feedstock. This review provides an overview of the recent patenting activities on pretreatment. Most of these activities focus on optimization of different known processes to improve economics, such as increased catalyst efficiency, effluents recirculation, or lignin valorization. However, also a number of patents and demonstration activities based on emerging concepts for pretreatments are observed.     

Dynamic X-ray radiography for the determination of foamed bitumen bubble area distribution

Foam bitumen is highly efficient in wetting and coating the surface of mineral aggregate at lower temperature. In order to improve understanding and characterization of the bitumen foam, X-ray radiography was used to study the formation and decay of bitumen foam in 2D representation. Image segmentation analysis was used to determine the foam bubble size distribution. In addition, the main parameters influencing foam bitumen formation, water content, and temperature were also investigated. The results demonstrate the influence of the water content on morphology and expansion of foam bitumen bubbles. Adding more water in the foaming process leads to quick collapse of bubbles and intensifies coalescence of foam bitumen. Higher temperatures produces larger bubbles at early foaming stage compared to lower temperature. Moreover the morphology of bubble formation depends on the types of bitumen used. An exponential function has been implemented to represent the bubble area distribution.