Leverhulme Lecture: Regulating Complexity in Financial Markets

Lecture given November 9, 2010, the second of three delivered by Prof. Schwarcz as Leverhulme Visiting Professor of Law, Oxford University. Complexity is the greatest challenge to 21st Century financial regulation, having the potential to impair markets and investments in several interrelated ways. Furthermore, complexity can cause failures that individual market participants cannot, or will not have incentive to, remedy. These failures are driven by information uncertainty, misalignment of interests and incentives among market participants, and nonlinear feedback and tight coupling that result in sudden unexpected market changes. These are the same types of failures that engineers have long faced when working with complex engineering systems. The lecture uses engineering solutions such as chaos theory to examine how financial regulation should be structured to correct those failures

Understanding Coordination in the Information Systems Domain: Conceptualization and Implications

In this paper, we suggest a new conceptualization of coordination in the information systems (IS) domain. The conceptualization builds on neurobiological predispositions for coordinating actions. We assume that human evolution has led to the development of a neurobiological substrate that enables individuals to coordinate everyday actions. At heart, we discuss six activity modalities: contextualization, objectivation, spatialization, temporalization, stabilization, and transition. Specifically, we discuss that these modalities need to collectively function for successful coordination. To illustrate as much, we apply our conceptualization to important IS research areas, including project management and interface design. Generally, our new conceptualization holds value for coordination research on all four levels of analysis that we identified based on reviewing the IS literature (i.e., group, intra-organization, inter-organization, and IT artifact). In this way, our new approach, grounded in neurobiological findings, provides a high-level theory to explain coordination success or coordination failure and, hence, is independent from a specific level of analysis. From a practitioner’s perspective, the conceptualization provides a guideline for designing organizational interventions and IT artifacts. Because social initiatives are essential in multiple IS domains (e.g., software development, implementation of enterprise systems) and because the design of collaborative software tools is an important IS topic, this paper contributes to a fundamental phenomenon in the IS domain and does so from a new conceptual perspective

national bim digital platform for construction innovance project

INNOVance represents the first digital platform in the construction sector with BIM methodology on a national level. It's also a BIM library, a Common Data Environment (CDE) of BIM projects in a contract, for sharing work information, and a data exchange platform for the entire construction sector. The platform operates in accordance with the UNI 11337: 2009 standard and it is the origin of the UNI 11337: 2017 standard group. The project was formed within the research relating to the Competitive Call: Energy Efficiency, Industry 2015, promoted by the Ministry of Economic Development (MISE)

Towards Living Exhibitions

This thesis introduces the concept of living exhibitions: continuously evolving museum exhibitions that are cooperatively developed and evaluated by teams of museum professionals and visitor representatives. The author argues that the living exhibition design process should draw its inspiration from multiple resources, including current research on museum learning, interaction principles and technology. As a case-in-point, the thesis provides a description of how such results have inspired the design of The Well of Inventions, a public installation at the Museum of Science and Technology in Stockholm. Furthermore, the thesis describes how an evaluation methodology from cooperative design was adopted and successfully applied within the museum domain. The ultimate aim of the work is to increase the opportunities for communication between museum professionals and their audiences. ACKNOWLEDGEMENT

A Coordination Approach Towards Alignment A Coordination Approach Towards Alignment

Abstract. In this paper we present a coordination approach towards creating and maintaining alignment between the business and its support systems. The business objectives are related to the coordination of the outcomes of a number of work practices. A practice is apprehended as an activity domain which is the central construct in a new theory for coordinating human activity -the Activity Domain Theory. In this theory the achievement of shared meaning among the actors is in focus. The activity domain is constructed through an experiential learning strategy which integrates shared meaning, processes, information structures and support systems into a coherent whole. Some results from the Ericsson telecommunication company are discussed

From IT Design to Workpractice Construction”,

ABSTRACT In this paper we describe an approach for information system design that aims at constructing the social reality in which the system is used. Thus, rather than designing the information system in a given context, the design target is the context itself, including the information system. The expertise knowledge of users and information system designers are jointly utilized in co-constructing the context, which is structured as a particular form of workpractice called the activity domain. In the activity domain, coordinating elements of a practice are integrated into a coherent whole. The theory behind the approach -the Activity Domain Theory -originated in the Ericsson telecommunication company where it has been gradually refined over more than a decade by the author. It has profoundly influenced the coordination of the development of the 3 rd generation of mobile systems at Ericsson