In this paper, a formalization of Martin Seligman's concept of full life is presented by employing basic microeconomics. With the formalized version of the concept, it can be explained why people differ with respect to the levels of pleasant, engaged and meaningful life they are trying to...

In this paper, we attempt to show why the importance of relational goods compared to conventional goods and status goods threatens to decline in contemporary societies. In our point of view, the development of the relative significance of these three types of goods is not a consequence of...

In this paper, Happy Income is introduced as an indicator of physical and socio-psychic wellbeing. It is constructed on the assumption that socio-economic well-being is based on objective circumstances, such as personal income as well as on a subjective evaluation of life. In combining these...

In this paper an analysis of the determinants of attractiveness of the Formula One is attempted. Therefore the concept of competitive balance will be explained and applied. The principal item of this analysis will be the result that there is an optimal level of competitive balance which...

The influence of the creative class on regional economic well-being is discussed by using the concepts of Richard Florida. We apply this theory on the level of all German major cities in a 10 year period from 1997 to 2006. The theoretical part gives an overview about similar applications. The...

A number of shortcomings in Germany's efforts to contain the spread of the coronavirus, including fraudulent testing, vaccination fraud and insufficient testing capacity have been identified and need to be remedied before another wave or worse, another pandemic. This paper examines the failures...

Im Zuge der jüngsten Skandale steht der öffentlich-rechtliche Rundfunk unter Reformdruck. Der öffentlich-rechtliche Rundfunk muss in den kommenden Jahren ein effektives System der Unternehmensführung installieren und dessen Finanzierung muss überdacht werden. Darüber hinaus müssen...

Die Bundesregierung hat einen Gesetzentwurf zur Legalisierung des "kontrollierten Umgangs mit Cannabis" vorgelegt. Das Gesetz regelt die Zulassung des privaten Konsums mit privatem Eigenanbau und in Form von Anbauvereinigungen. Ein weiterer Gesetzentwurf soll bis Jahresende folgen und einen...