For several decades, demographic forecasts had predicted that the majority of Germany's cities and rural areas would experience population decline in the early 21st century. Instead, recent trends show a growing population size in three out of every four German districts. As a result, there are...

Analyse und Ausblick auf die Zukunft der Autoindustrie. Die Zeitenwende wird in 3 "Wellen" skizziert: Antriebsintelligenz (abgasfreies Fahren), künstliche Intelligenz (autonom fahrende Autos) und Schwarmintelligenz / Sharing Economy (gemeinschaftliche Kfz-Nutzung). (2-3)

While individual investors may have more diverse preferences and trading behavior than institutional investors due to their lack of professional education, many studies tend to lump individual investors together or classify them by socio-demographic characteristics. We conducted an empirical...