This paper investigates the impact of work group diversity on performance. Analyzing a uniquely large sample of management teams from the U.S. mutual fund industry we find that the influence of diversity on performance depends on the dimension of diversity that is analyzed. Informational...

We show that exposure to anti-capitalist ideology can exert a lasting influence on attitudes towards capital markets and stock-market participation. Utilizing novel survey, bank, and broker data, we document that, decades after Germany's reunification, East Germans invest significantly less in...

We show that exposure to anti-capitalist ideology can exert a lasting influence on attitudes towards capital markets and stock-market participation. Utilizing novel survey, bank, and broker data, we document that, decades after Germany's reunification, East Germans invest significantly less in...

This paper investigates how media coverage in°uences macroeconomic information processing at the bond market. I provide evidence that a high media coverage of an economic topic increases investor attention prior to the release of the corresponding economic indicator: High media coverage of the...

Der vorliegende Artikel soll einen Beitrag zu theoretischen Überlegungen einer Technikfolgenabschätzung (TA) der Alternativen leisten. Ausgehend von der Annahme, dass TA seit ihrer Entstehung den Anspruch auf die Entwicklung von (technischen) Alternativen erhoben hat, wird hier der Versuch...