Henner Gimpel

Bio: Henner Gimpel is an academic researcher from Augsburg College. The author has contributed to research in topics: Market engineering & Service (business). The author has an hindex of 21, co-authored 114 publications receiving 1433 citations. Previous affiliations of Henner Gimpel include University of Augsburg & Karlsruhe Institute of Technology.

Understanding FinTech Start-Ups : A Taxonomy of Consumer-Oriented Service Offerings

Abstract: The financial sector is facing radical transformation. Leveraging digital technologies to offer innovative services, FinTech start-ups are emerging in domains such as asset management, lending, or insurance. Despite increasing investments, the FinTech phenomenon is low on theoretical insights. So far, the offerings of FinTech start-ups have been predominantly investigated from a functional perspective. As a functional perspective does not suffice to fully understand the offerings of FinTech start-ups, we propose a taxonomy of non-functional characteristics. Thereby, we restrict our analysis to consumer-oriented FinTech start-ups. Our taxonomy includes 15 dimensions structured along the perspectives interaction, data, and monetization. We demonstrate the applicability of our taxonomy by classifying the offerings of 227 FinTech start-ups and by identifying archetypes via a cluster analysis. Our taxonomy contributes to the descriptive knowledge on FinTech start-ups, enabling researchers and practitioners to analyze the service offerings of FinTech start-up in a structured manner.

Understanding the Sharing Economy -- Drivers and Impediments for Participation in Peer-to-Peer Rental

Abstract: As peer-to-peer coordinated products and services increasingly constitute competition for traditional businesses in many areas, understanding the underlying user motives of provision and consumption is key -- not only for business operators, but also for researchers investigating such markets. In this article, we develop a questionnaire for assessing motives for and against participating in what is casually referred to as the "Sharing Economy." More specifically, we focus on peer-to-peer rental services and investigate drivers and impediments for user activity in such markets by means of an online survey with over 600 participants.

AI-Based Digital Assistants

Abstract: Artificial intelligence (AI) is becoming omnipresent; it permeates our work and private lives in many areas. A key area of application is AI-based digital assistants, which are now becoming available in large numbers and a wide variety of usage scenarios. Research into AI-based digital assistants has a long history, dating back to Joseph Weizenbaum’s well-known ELIZA in 1966. In parallel, global technology companies such as Microsoft, IBM, Google, and Amazon have been working intensively for decades on advancing AI-based digital assistants and have recently made them suitable for the mass market. Empowered by recent advances in AI, these assistants are becoming part of our daily lives. We are observing the ever-growing usage of various digital assistants, for instance, voice-based assistants such as Amazon Alexa, or text-based assistants (chatbots), such as those embedded in Facebook Messenger. It is foreseen that AI-based digital assistants will become a key element in the future of work. Today’s enterprise communication platforms such as Slack or Microsoft Teams already provide many different bot types to augment work, and Gartner (2019) predicts that by 2021, one-quarter of all digital workers will use a virtual employee assistant daily. AI-based digital assistants provide significant opportunities, but also might become a threat. On the one hand, they are expected to take over routine tasks from humans and to free up time and resources for more demanding tasks. For instance, IBM argues that chatbots can help to reduce customer service costs by 30% (Reddy 2017). On the other hand, a recently announced advanced AI-based digital assistant by Google named Duplex (Google AI Blog 2018) has led to a debate about potential misuses for deception and fraud, owing to its human likeness. More generally, while the pervasiveness of AI-based digital assistants increases, most people ignore their underlying architecture and algorithms (Frey and Osborne 2017), resulting in serious concerns and user aversion regarding their uses (Dietvorst et al. 2015, 2018). From a conceptual perspective, AI-based digital assistants – like every IS – can be understood from two different yet complementary perspectives (Fig. 1): first and broadly speaking, AI-based digital assistants represent a sociotechnical system that relies on the interplays of three key elements (Goodhue and Thompson 1995; Heinrich et al. 2011): the individual user, who seeks to achieve certain Prof. Dr. A. Maedche Dr. S. Morana Karlsruhe Institute of Technology, Karlsruhe, Germany

Nudge: Improving Decisions about Health, Wealth, and Happiness

Abstract: NUDGE: IMPROVING DECISIONS ABOUT HEALTH, WEALTH, AND HAPPINESS by Richard H. Thaler and Cass R. Sunstein Penguin Books, 2009, 312 pp, ISBN 978-0-14-311526-7This book is best described formally as a general explanation of and advocacy for libertarian paternalism, a term coined by the authors in earlier publications. Informally, it is about how leaders, systems, organizations, and governments can nudge people to do the things the nudgers want and need done for the betterment of the nudgees, or of society. It is paternalism in the sense that "it is legitimate for choice architects to try to influence people's behavior in order to make their lives longer, healthier, and better", (p. 5) It is libertarian in that "people should be free to do what they like - and to opt out of undesirable arrangements if they want to do so", (p. 5) The built-in possibility of opting out or making a different choice preserves freedom of choice even though people's behavior has been influenced by the nature of the presentation of the information or by the structure of the decisionmaking system. I had never heard of libertarian paternalism before reading this book, and I now find it fascinating.Written for a general audience, this book contains mostly social and behavioral science theory and models, but there is considerable discussion of structure and process that has roots in mathematical and quantitative modeling. One of the main applications of this social system is economic choice in investing, selecting and purchasing products and services, systems of taxes, banking (mortgages, borrowing, savings), and retirement systems. Other quantitative social choice systems discussed include environmental effects, health care plans, gambling, and organ donations. Softer issues that are also subject to a nudge-based approach are marriage, education, eating, drinking, smoking, influence, spread of information, and politics. There is something in this book for everyone.The basis for this libertarian paternalism concept is in the social theory called "science of choice", the study of the design and implementation of influence systems on various kinds of people. The terms Econs and Humans, are used to refer to people with either considerable or little rational decision-making talent, respectively. The various libertarian paternalism concepts and systems presented are tested and compared in light of these two types of people. Two foundational issues that this book has in common with another book, Network of Echoes: Imitation, Innovation and Invisible Leaders, that was also reviewed for this issue of the Journal are that 1 ) there are two modes of thinking (or components of the brain) - an automatic (intuitive) process and a reflective (rational) process and 2) the need for conformity and the desire for imitation are powerful forces in human behavior. …

Understanding digital transformation: A review and a research agenda

Abstract: Extant literature has increased our understanding of specific aspects of digital transformation, however we lack a comprehensive portrait of its nature and implications. Through a review of 282 works, we inductively build a framework of digital transformation articulated across eight building blocks. Our framework foregrounds digital transformation as a process where digital technologies create disruptions triggering strategic responses from organizations that seek to alter their value creation paths while managing the structural changes and organizational barriers that affect the positive and negative outcomes of this process. Building on this framework, we elaborate a research agenda that proposes [1] examining the role of dynamic capabilities, and [2] accounting for ethical issues as important avenues for future strategic IS research on digital transformation.

The Effects of Cross and Self Fertilisation in the Vegetable Kingdom: CONVOLVULACEÆ

Abstract: 1. Introductory remarks 2. Convolvulacaea 2. Scrophulariaceae, Gesneriaceae, Labiatae, etc. 4. Cruciferae, Papaveraceae, Resedaceae, etc. 5. Geraniaceae, Leguminosae, Onagraceae, etc. 6. Solanaceae, Primulaceae, Polygoneae, etc. 7. Summary of the heights and weights of the crossed and self-fertilised plants 8. Difference between crossed and self-fertilised plants in constitutional vigour and in other respects 9. The effects of cross-fertilisation and self-fertilisation on the production of seeds 10. Means of fertilisation 11. The habits of insects in relation to the fertilisation of flowers 12. General results Index.

Models of man

Abstract: Feel lonely? What about reading books? Book is one of the greatest friends to accompany while in your lonely time. When you have no friends and activities somewhere and sometimes, reading book can be a great choice. This is not only for spending the time, it will increase the knowledge. Of course the b=benefits to take will relate to what kind of book that you are reading. And now, we will concern you to try reading models of man as one of the reading material to finish quickly.