We examine theoretically and experimentally a certain class of new financial instruments which are designed as lotteries on the outcome of prominent sports events like the Soccer World Cup 2006. From a theoretical point of view, sports betting products may be superior to a fixed rate investment...

We present a citation-based analysis of the most important journals on real estate and real estate finance over a time period from 1986 to 2010. For each year, those three articles with the highest number of citations according to Google Scholar are identified. A thorough analysis of all 75...

Special reimbursements for creditors in the case of the premature redemption of mortgaged loans are called prepayment penalties. They have been a controversially discussed topic in Germany for the last decade. This is mainly due to the fact that the European Union judges German prepayment...