When employers hire a new staff member, the selection process is heavily characterised by uncertainty as the actual productivity of employees can only be estimated in advance. In particular, this affects the recruiting of entrants. In this respect, the article would like to tackle the question...

Due to the rising relevance of the economy and economic questions in the 20th century, Business Administration has become an important subject in higher education. Its fast growing student numbers during the last decades show its weight within the higher education institutions, even though it is...

To assess whether and when the equation economic growth = better life holds, it is necessary to understand what human motivations drive the economic growth process. The preference subjectivism of canonical welfare economics is of little help here as it treats the motivations underlying...