The theory of competitive balance represents one of the core concepts of sports economics. Based upon an international research project analyzing the perception of competitive balance by consumers (Pawlowski 2013a, 2013b; Pawlowski & Budzinski 2013, 2014), we argue in this paper that behavioural...

This paper investigates risk-taking in the liquid portfolios held by a large panel of Swedish twins. We document that the portfolio share invested in risky assets is an increasing and concave function of financial wealth, leading to different risk sensitivities across investors. Human capital,...

Theoretische Grundlage der Dissertation bildet die Conservation of Resources Theorie nach Steven Hobfoll (1989). Im Vordergrund steht die Frage, inweiweit sich die von Hobfoll postulierte Gewinnspirale von Ressourcen empirisch nachweisen lässt und welche Mechanismen ihr zugrunde liegen. Zur...