Corvinus University of Budapest

From conversation to green intention: how perceived AI chatbot empathy shapes sustainable travel

Recent developments in artificial intelligence (AI) have expanded the role of conversational agents in hospitality and travel service encounters. However, it remains unclear how the conversational characteristics of AI become psychologically meaningful and relate to travelers’ su...

Splitting the bill for bits: Shapley-based cost sharing in European telecommunications

This paper addresses the ongoing debate in the European Union over whether a “Sender Party Network Pays” regulation would solve underinvestment in very high-capacity networks and enhance the competitiveness of the European telecommunications sector. Operators argue that large con...

Biodiversity risk premium

We identify a biodiversity risk premium (BRP) in investment strategies designed to mitigate biodiversity risks. To capture this premium, we construct optimised portfolios by reweighting approximately 3,000 constituents of the MSCI All Country World Index, using their MSCI biodive...

From the Law of the Horse to the Workflow: Why Institutions, Not the Model, Decide the EU AI Act’s Effectiveness: Lessons from Hungary’s First-Wave Implementation

Abstract Whether a new technology needs its own law is an old question, and for artificial intelligence (AI), it has been posed at the wrong level of abstraction. Both the case against technology-specific law and the case for regulation by design treat the AI model as the regulat...

Beyond LCOE – Economic performance of renewable auctions

This study analyses how different types of remuneration schemes in renewable auctions can lead to economically efficient or inefficient outcomes in technology-specific and multi-technology settings. The main metric in this assessment is the Extended Support Need (ESN) indicator –...

The Evolution of Quantitative Equity Investing: Half a Century of Alpha Research and Institutional Adaptation

ABSTRACT This survey interprets the evolution of quantitative equity investing as a history of changing constraints rather than a succession of increasingly complicated forecasting models. Portfolio theory made diversification calculable; characteristic‐based investing converted...

A Response to Don Kettl's Debate Article on the Future of Public Administration and Democracy

ABSTRACT This commentary critically engages with Kettl's analysis of the crisis of public administration (PA) scholarship and its relationship with democratic decline. It argues that both phenomena should be understood within broader global developments rather than primarily as p...

Mapping Green Marketing Research (2000–2024): A Topic Modeling Analysis of Core Themes, Hidden Gaps, and Emerging Directions

ABSTRACT Green marketing has become an increasingly important research area in response to global sustainability challenges and shifting consumer expectations. This study analyzes the thematic development and research trends in green marketing literature using Latent Dirichlet Al...

Is Opposition to Same-Sex Parenting the Mirror Image of Support? Evidence from 26 European Countries

There is a vast literature on how various socio-demographic characteristics shape attitudes toward the rights of gays, lesbians, and same-sex couples. Most studies assume that support for and opposition to these rights are the endpoints of a single scale on which variables have a...

Food experience, place attachment and locavorism in urban destinations

This study investigates the role of locavorism in urban gastronomic tourism and examines its relationships with food experience, place attachment and behavioural outcomes. Addressing a gap in research on locavorism in cities, the study examines whether local food experiences infl...

Born in the wrong era: rethinking human-AI relations through the lens of anemoia

As large language models (LLMs) become increasingly integrated into everyday communication, they largely transform how users access information and reshape social dynamics. This study explores how LLM users emotionally respond to the growing presence of AI, with a particular focu...

Sustainable supply chain collaboration in emerging markets: core bibliometric analysis

Purpose The purpose of this study is to conduct a systematic examination of the fragmented and underexplored field of sustainable supply chain collaboration (SSCC) in emerging markets. The aim is to clarify conceptual ambiguities, map the theoretical underpinnings and propose an...

Greenwashing and Trust in Sustainable Food Systems: A Systematic Review and Research Agenda

ABSTRACT The global transition toward sustainable food systems has increased the importance of environmental claims in shaping consumption patterns and sustainability outcomes. Trust is essential for enabling sustainable food system transitions; however, greenwashing undermines c...

Co-creating sustainable luxury: how young consumers decode celebrity-endorsed sustainability through deep metaphor

Purpose Incorporating sustainability into luxury remains a relatively new and complex endeavor. While often presented as a natural fit, this alignment does not always translate into consumer behavior, particularly in the luxury sector. This study aims to offer a fresh perspective...

A quarter century after the 1997 Asian crisis: Looking back, where are we now?

This study examines the evolution of systemic risk and contagion among Asian currencies and assesses whether vulnerabilities comparable to the 1997 Asian Crisis have re-emerged. Using daily exchange-rate returns for ten Asian currencies from 1994 to 2025, we combine component exp...

Self-Identified Natural Wine Producers in Hungary: An Exploratory Survey of Producer Characteristics and Motivations

Natural wines are produced with minimal or no additives, utilizing organic cultivation methods and emphasizing the high-quality and unique characteristics of terroir. In the last decade, natural wines have received considerable attention; however, the number of scientific publica...

Adoption survival frontiers: Artificial intelligence, financing frictions, and market structure

Artificial intelligence and other general-purpose digital technologies often diffuse unevenly: large firms adopt early, while smaller firms delay adoption, contract, or abandon the active adoption option. This paper develops a survival-constrained theory of technology adoption in...

Swiss-system chess tournaments and unfairness

Abstract The Swiss system is an increasingly popular competition format as it provides a favourable trade-off between the number of matches and ranking accuracy. However, there is no empirical study on the potential unfairness of Swiss-system chess tournaments if an odd number of...

Does climate-responsive public investment management facilitate infrastructure investment? Evidence from the IMF’s C-PIMA in Sub-Saharan Africa

Sub-Saharan African (SSA) countries face persistent infrastructure deficits and mounting environmental pressures, underscoring the need for climate-responsive public investment. One institutional response to these challenges is the IMF's Climate-Public Investment Management Asses...

Marginalisation or mobilisation through electromobility? Depicting the pharmakon nature of Chinese EV battery investments in Hungary

This study, drawing on Sheller’s multi-scalar approach to mobility justice, Urry’s approach to mobilities as interconnected networks, and the worlds on the move concept of this special issue examines how Chinese investments in EV battery production in Hungary generate a range of...