In this book, experts discuss how German real estate values have remained stable throughout the financial crisis, even though transaction volumes have been very volatile since 2005. Consequently, risk-averse national and international investors have started to invest in virtually all German real...

This study demonstrates that the Football World Cup 1974 in Germany was not able to generate any medium to long-term employment effects that were significantly different from zero. It is the first work to examine the employment effects of Football World Cup tournaments. It is also the first work...

Obesity now has the rank of a global epidemic, but finds its severest expression in the economically advanced parts of the world. This study offers an interdisciplinary analysis of obesity in Germany, including socio-economic factors. In comparison to related studies, it uses a continuous BMI...

The paper considers the stadium construction and infrastructure projects underway for World Cup 2010. We ask whether and under which conditions hosting such an event (along with the new facilities and infrastructural development required) will have positive effects on urban development. By...

This contribution examines whether the share price of the Borussia Dortmund GmbH & Co. KgaA (BVB) behaves according to the (capital) market efficiency hypothesis of Fama (1970). The weak form of capital market inefficiency, according to which past share prices cannot be used for predictions in...

Construction of large sports stadiums follows two different general concepts: (a) monofunctional arenas that are specially suited for one sport exclusively and that are characterized by the absence of an athletic track and (b) multifunctional sports stadiums that can be used for different...

Most delinquent activities can generally be regarded as a choice made by an individual in the face of a number of legal and illegal alternatives for action, whereby the course of action chosen promises the greatest expected net utility for the individual at the time of the decision (Becker...

We analyze landlord market heterogeneity in the German rental housing market. Using data from the German Social-Economic Panel survey for the years 2000–2005, we firstly identify significant differences in implicit prices for housing attributes between private, public, and association...

Innovative milieux and regional competitiveness: the role of associations and chambers of commerce and industry in Germany, Regional Studies. Innovation is regarded as a spatially embedded process in which the social and economic interactive relationships of the actors are an important factor...