After a long period of stagnation many sport stadiums have been built during the last years across Germany and other are still under construction or reconstruction. This boom was induced by the application for the FIFA Football World Championship 2006 (which was won, at the end) and seemed...

Sport betting is in Germany, like other public lotteries, strictly regulated as a state monopoly. This state monopoly has been declared as an illegitimate fiscal monopoly by the German Supreme Court (Bundesverfassungsgericht) in March 2006. Following this sentence, a state monopoly in future has...

Nach dem Vorbild börsennotierter britischer Vereine wird es auch deutschen Profifußballvereinen in absehbarer Zukunft möglich sein, sich in Aktiengesellschaften umzuwandeln. Der anschließende Börsengang soll dann den nach den jüngsten Entwicklungen im Profifußballbereich gestiegenen...

Nach dem Vorbild börsennotierter britischer Vereine wird es auch deutschen Profifußballvereinen in absehbarer Zukunft möglich sein, sich in Aktiengesellschaften umzuwandeln. Der anschließende Börsengang soll dann den nach den jüngsten Entwicklungen im Profifußballbereich gestiegenen...

Hosting the 2006 FIFA World Championship induced a boom in stadium investments in Germany. A second wave of smaller arena constructions can currently be observed across the country. These projects are promoted by smaller clubs of the first and the second Bundesliga, aiming not to fall behind the...

Hosting the 2006 FIFA World Championship induced a boom in stadium investments in Germany. A second wave of smaller arena constructions can currently be observed across the country. These projects are promoted by smaller clubs of the first and the second Bundesliga, aiming not to fall behind the...

Am 13. Juli 2001 hat das Internationale Olympische Komitee (IOC) auf seiner Sitzung in Moskau über die Ausrichtung der Olympischen Sommerspiele 2008 entschieden: Peking ist der Austragungsort der olympischen Sommerspiele. Somit sind die Chancen einer erfolgreichen europäischen Bewerbung für...

According to the favorite-longshot bias observed in pari-mutuel betting, the final distribution of bets overestimates the winning chance of longshots. This Paper proposes an explanation of this bias based on late betting by small privately informed bettors. These bettors have an incentive to...

In equilibrium play of a two-round tournament we find that underdogs exert more effort in the opening round while favorites save more effort for the final. Ability differences between players are therefore compressed in the opening round so upsets are more likely, and amplified in the final so...

In this paper we model tourism development in the framework of multi- population dynamics and analyze the time pattern of its impact as the evolution of the interaction between two populations feeding over the same space-resource. Each population might be structured in two (or more) ?clubs? with...