This paper outlines some first results from a study on the technical efficiency and total factor productivity (TFP) of 17 international airports in Germany. The analysis was undertaken with panel data from 1998 - 2002. According to the Malmquist-DEA the performance at nearly every airport...

One of the main pillars of efficient airport operations is cost-minimization. Unit costs of operation with respect to the level of passengers served are a possible proxy to measure the cost efficiency of an airport. Due to compound production framework and sophisticated political-economic...

Why do groups of even well-educated individuals sometimes persistently believe in political myths and ideologies? We follow cognition psychology in its finding that individuals sometimes stick with intuitive but false propositions. We also follow Kahneman, however, in maintaining that they...

Trust is an important driver of economic transactions, but how do people decide whom to trust? We conduct an experiment to investigate whether people are able to predict trustworthiness by judging the face of a stranger. The behavior of the second player in the Trust Game is used as a measure of...