Building up sufficient capital for old-age provision often is a challenge for private households. For homeowners, one way to generate old-age income from illiquid housing wealth is the use of equity release products such as home reversion plans or reverse mortgages. However, in Germany the...

Do women invest differently than men? We contribute to the answer of this question by analysing the Panel on Household Finances (PHF) of the German Bundesbank. This representative panel collects a wide variety of behavioural and financial variables in the area of household finance. We find that...

Landschaftsplanung stellt die vorsorgende Fachplanung des Naturschutzes und der Landschaftspflege dar und umfasst im engeren Sinne die in §§ 8-12 Bundesnaturschutzgesetz (BNatSchG) definierten formellen Planwerke, im weiteren Sinne zugleich Beiträge zu anderen Planungen und Vorhaben,...

Many decisions in politics and business are made by teams rather than by single individuals. In contrast, economic models typically assume an individual rational decision maker. A rapidly growing body of (experimental) literature investigates team decisions in different settings. We study team...