2,863 research outputs found

    A Preliminary Approach to the Automatic Extraction of Business Rules from Unrestricted Text in the Banking Industry

    Get PDF
    This paper addresses the problem of extracting formal statements, in the form of business rules, from free text descriptions of financial products or services. This automatic process is integrated in the banking software factory, permitting business analysts the formal specification, direct implementation and fast deployment of new products. This system is fully integrated with the typical software methodologies and architectures used in the banking industry for conventional development of back office or online applications

    A Black-Box Computational Business Rules Extraction Approach through Test-Driven Development

    Get PDF
    Business rules extraction is an important activity in situations in which a software system becomes obsolete and needs to be replaced by a newer system, since the replacing system needs to satisfy the business rules embedded in the legacy software system. In this paper, we investigate an approach in which the computational business rules of a legacy software system can be extracted given previously generated output of the system and without requiring access to the system’s source code. Furthermore, extracted computational business rules are validated automatically with minimal involvement of domain experts through Test-Driven Development (TDD) such that test cases are constructed from historic output of the system. The proposed approach is applied to extract the computational business rules of a large-scale governmental payroll legacy software system. The study results demonstrate that the suggested approach extracted computational business rules van meet a substantial number of test cases. Thus, the efforts involving domain experts can be reduces to analyze such instances

    Understanding sectoral differences in downward real wage rigidity: workforce composition, institutions, technology and competition

    Get PDF
    This paper examines whether differences in wage rigidity across sectors can be explained by differences in workforce composition, competition, technology and wage-bargaining institutions. We adopt the measure of downward real wage rigidity (DRWR) developed by Dickens and Goette (2006) and rely on a large administrative matched employer-employee dataset for Belgium over the period 1990-2002. Firstly, our results indicate that DRWR is significantly higher for white-collar workers and lower for older workers and for workers with higher earnings and bonuses. Secondly, beyond labour force composition effects, sectoral differences in DRWR are related to competition, firm size, technology and wage bargaining institutions. We find that wages are more rigid in more competitive sectors, in labour-intensive sectors, and in sectors with predominant centralised wage setting at the sector level as opposed to firm-level wage agreements. JEL Classification: J31matched employer-employee data, wage rigidity, wage-bargaining institutions

    Operations Management

    Get PDF
    Global competition has caused fundamental changes in the competitive environment of the manufacturing and service industries. Firms should develop strategic objectives that, upon achievement, result in a competitive advantage in the market place. The forces of globalization on one hand and rapidly growing marketing opportunities overseas, especially in emerging economies on the other, have led to the expansion of operations on a global scale. The book aims to cover the main topics characterizing operations management including both strategic issues and practical applications. A global environmental business including both manufacturing and services is analyzed. The book contains original research and application chapters from different perspectives. It is enriched through the analyses of case studies

    Understanding sectoral differences in downward real wage rigidity : workforce composition, institutions, technology and competition

    Get PDF
    This paper examines whether differences in wage rigidity across sectors can be explained by differences in workforce composition, competition, technology and wage-bargaining institutions. We adopt the measure of downward real wage rigidity (DRWR) developed by Dickens and Goette (2006) and rely on a large administrative matched employer-employee dataset for Belgium over the period 1990-2002. Firstly, our results indicate that DRWR is significantly higher for white-collar workers and lower for older workers and for workers with higher earnings and bonuses. Secondly, beyond labour force composition effects, sectoral differences in DRWR are related to competition, firm size, technology and wage-bargaining institutions. We find that wages are more rigid in more competitive sectors, in labour-intensive sectors, and in sectors with predominant centralised wagesetting at the sector level as opposed to firm-level wage agreements.wage rigidity, matched employer-employee data, wage-bargaining institutions

    Still Waiting: "Unfair or Deceptive" Credit Card Practices Continue as Americans Wait for New Reforms to Take Effect

    Get PDF
    Examines trends in credit card practices deemed "unfair or deceptive" under Federal Reserve guidelines to take effect in 2010 among the largest bank and credit union issuers. Makes recommendations for regulating variable rates and penalty fees
    • 

    corecore