This is the first paper that studies the causal effect of studying economics on subjective well being. Based on a survey among 918 students of economics and other social sciences, we estimate the effects of studying in the different fields on individual life satisfaction. Controling for personal...

This paper estimates demand elasticities for the Turkish mobile telecommunication market. In contrast to most other studies, firm level data is used to estimate dynamic panel data models including instrumental variable techniques. Both short- and long-run elasticities are calculated, yielding a...

The German reserve power market was subject to important regulatory changes in recent years. A new market design was created by synchronization and interconnection of the four control areas. In this paper, we analyze whether or not the reforms led to lower prices for minute reserve power (MRP)....

Turkish consumer survey data is used to analyze the main factors that affect consumers' choice of different mobile telecommunications networks. The analysis shows that consumers' choice is significantly affected by the choices of other consumers with whom the consumer is more likely to interact....

Price levels and movements on gasoline and diesel markets are heavily debated among consumers, policy-makers, and competition authorities alike. In this paper, we empirically investigate how and why price levels differ across gasoline stations in Germany, using eight months of data from a novel...

Frontmatter -- Vorwort -- Inhalt -- Teil I. Staatliche Prozesssteuerung versus Ordnungsgestaltung in der Marktwirtschaft -- Ordnungstheorie versus Institutionenökonomik: Unterschiede und Gemeinsamkeiten / Leschke, Martin / Thieme, H. Jörg -- Central Banks - from Overburdening to Decline? /...

In this paper we provide an empirical analysis of German casino locations. Due to the "mercantilistic background" of casinos, we assume that casinos are more likely to be found at borders and tourist areas. Although the location decision has been made in the past, we use cross-sectional data at...

Frontmatter -- Inhalt -- Die Ökonomik von Sport, Entertainment und Medien – ein Thema für das Forschungsseminar Radein? -- Teil I: Sportmärkte -- Zur Vergabe der Medienrechte in der Fußball-Bundesliga -- Ökonomische Fragen der Talentförderung im Fußball: Theorie, Praxis und empirische...