Wir berechnen einen neuartigen internationalen Maßstab für pharmazeutische Innovationskraft, indem wir uns auf die weltweiten medizinischen Durchbrüche und die dort zitierten Patente konzentrieren. Diese Berechnungsweise ist (über den Bereich der Lebenswissenschaften hinaus) bedeutsam, weil...

Without a doubt, the 2010 World Cup of soccer in South Africa was a great experience for both soccer fans, who enjoyed a safe and efficiently-run tournament, and their South African hosts. The sporting and social spectacle was broadcast around the world and focused unprecedented media attention...

Becoming unemployed has negative effects on life satisfaction; a transition from unemployment to employment, however, has stronger positive effects in absolute terms. The asymmetry of the non-pecuniary effect indicates a potential “omitted variable bias” in previous empirical happiness studies

The prospect of hosting the Olympic Games is attractive to many cities around the world. This article examines 147 variables' potential to discriminate successful from unsuccessful Olympic bids. Our stepwise, rank-ordered logistic regression model includes 10 determinants supporting the...

We conduct an innovative analysis of sporting world records by:a) using economic instead of sporting determinants and,b) by using multivariate stochastic frontier functions. Using data from 48 different disciplines between 1970 and 2014, we show that world records are close to full efficiency...