The students had four months to invest their virtual seed capital of 50,000 euros - ideally in an economical and sustainable way
The savings banks' stock market simulation game simulates events on the securities markets. With a virtual starting capital of 50,000 euros, participants can invest in various securities in real time. In addition to a well-founded trading strategy, the concept of sustainability also plays an important role in their own…
Prof. Dr. Jan Riepe on the behavioural effects of budgeting in Der Neue Kämmerer
Municipal budget planning is much more than a purely number-based decision - psychological effects also play a major role. In a news article for Der Neue Kämmerer, Prof. Dr. Jan Riepe and Master's student Philipp Hofmann analyse the behavioural effects of different budgeting approaches and show how these affect decision-making in municipal politics.
The article…