The Hitchhiker’s Guide to measuring investor reactions

In this thesis I present the idea to use the so-called log-periodic power law (LPPL) to identify the influence of larger exogenous shocks on investor behaviour during antibubbles. I apply this methodology to look at the influence of bank rescues after the 2007 financial crisis. The results I obtain are consistent for the same kinds of bank rescues and can …

The Director: From Servant to Master

This paper studies the role of the director in theatre. In German-speaking countries the director is considered nowadays as the most important player of the theatre, there exists even the term « director’s theatre ». The paper investigates three facets of this topic. First, it shows the historical development of the role of the director from a servant of the author in …