Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi- experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in London, Paris, and Berlin during the summers of 2011, 2012, and 2013. We show...

Im Verlauf fortschreitender Ökonomisierung und des in allen Sparten stattgefundenen Größenwachstums von Primärgenossenschaften ist hier und da in der Beziehung Mitglied Genossenschaft ein Verlust von Gemeinschaftsgefühl und persönlicher Verbundenheit eingetreten. Damit geht gewöhnlich...

German “Ordnungstheorie” (~ system theory, ordo theory) relates essentially to Walter Eucken (Freiburg) who attempted to strike a balance between the economics of the German Historic School, still relevant in Germany of the 1930s, and its opposing neoclassical analysis. The paper starts,...

The goal of this paper is to provide a preliminary overview of empirical Capability Approach (CA) applications for high-income OECD countries. The survey aims at a basis of mutual exchange on relevant CA issues among researchers analyzing well-being in affluent countries. It focuses on CA...

The goal of this paper is to provide a preliminary overview of empirical Capability Approach (CA) applications for high-income OECD countries. The survey aims at a basis of mutual exchange on relevant CA issues among researchers analyzing well-being in affluent countries. It focuses on CA...

Possible effects of the introduction of the three-point rule in 1995 are tested by using data from amateur football leagues in Germany, concretely in Westphalia. There are as expected significantly less draws and more goals since the rule change. For even amateurs follow incentives

Using data from the German Socio-Economic Panel, this paper analyses the effects of spending part of adolescents' leisure time on playing music or doing sports, or both. We find that while playing music fosters educational outcomes compared to doing sports, particularly so for girls and children...

Starting in 2009, the German state of Saxony distributed sports club membership vouchers among all 33,000 third graders in the state. The policy's objective was to encourage them to develop a long-term habit of exercising. In 2018, we carried out a large register-based survey among several...

This report on new economic insights summarizes the evolutionary perspective on the theory of economic policy. It emphasizes the limited competence of governments and other agencies to pre-design the evolution of the economic system and markets. In doing so, it nevertheless identifies general...

Following Foucault's analysis of German Neoliberalism (Ordoliberalism) and his thesis of ambiguity, this paper introduces a two-level distinction between individual and regulatory ethics. In particular, its aim is to reassess the importance of individual ethics in the conceptual framework of...