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Worldwide, politicians, scientists, and entrepreneurs are operating under high uncertainty and incomplete information regarding the adequacy of measures to deal with the COVID-19 pandemic. It seems indisputable that only widespread and global immunity can bring normalization to social life. In this respect, the development of a vaccine was a milestone in pandemic control. However, within the EU, especially in Germany, the vaccination plan is increasingly faltering, and criticism is growing louder. This paper considers the EU’s political decision in general and the decisions of the German government to procure vaccine doses against the background of modern economics as a decision under uncertainty and critically analyzes the process.

The phenomenon of home advantage (home bias) is well-analyzed in the scientific literature. But only the COVID-19 pandemic enabled studies on this phenomenon—for the first time in history—on a global scale. Thus, several studies to date examined the effects of empty stadiums by comparing regular matches (with supporters) before the COVID-19 restrictions with so-called ghost games (games without supporters) during the pandemic. To synthesize the existing knowledge and offer an overview regarding the effects of ghost games on home advantage we provide a systematic literature review on this topic. Our findings—based on 26 primary studies—indicate that ghost games have a considerable impact on the phenomenon of home advantage. Deeper analysis further indicates that this effect is based on a reduced “referee bias” and a lack of “emotional support from the ranks”. From a psychological perspective, we argue that our conclusions are highly relevant by emphasizing decision making under pressure and crowd-induced motivation in sports. From a socio-economic perspective, we argue that our findings legitimize a discussion regarding compensation of fans after sporting success as plausible and worth considering. Thus, our results are significant for scientists, sports and team managers, media executives, fan representatives and other persons responsible in the football industry.

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The NBA installed the draft mechanism to fairly distribute young amateur players among its franchises. As this policy hinges on appropriate talent evaluation skills of the respective organizations, it can be considered a proxy for decision‐making under uncertainty. Such judgments are prone to fallacies and systemic mistakes. The article found the RSCI rank as a problematic metric, which is the source for systematic draft errors. It can be shown that in many cases, managers do not deviate enough from the pre‐draft rankings of players, leading to systematically over‐ and undervaluing certain groups of talents. This can be described as a decision‐quality‐lowering anchoring bias.

The COVID-19 pandemic is permanently changing modern social and economic coexistence. Most governments have declared infection control to be their top priority while citizens face great restrictions on their civil rights. A pandemic is an exemplary scenario in which political actors must decide about future, and thus uncertain, events. This paper tries to present a tool well established in the field of entrepreneurial and management decision making which could also be a first benchmark for political decisions. Our approach builds on the standard epidemiological SEIR model in combination with simulation techniques used in risk management. By our case study we want to demonstrate the opportunities that risk management techniques, especially risk analyses using Monte Carlo simulation, can provide to policy makers in general, and in a public health crisis in particular. Hence, our case study can be used as a framework for political decision making under incomplete information and uncertainty. Overall, we want to point out that a health policy that aims to provide comprehensive protection against infection should also be based on economic criteria. This is without prejudice to the integration of ethical considerations in the final political decision.

Telemedicine is in increasing use in clinical neuroscience such as acute stroke care, especially by applying remote audiovisual communication for patient evaluation. However, telephone consultation was also used linking stroke centres to smaller hospitals. We compared costs of telestroke services using audiovisual and telephone communication in different organizational models. Within a small network in Northern Bavaria video-based teleconsultation (VTC) and telephone advice (TA) was provided for evaluation of acute stroke patients on a weekly rotation. The costs of the admissions process with or without one of both methods of telemedicine were calculated and compared from the perspective of the spoke hospital. Different levels of service and network size were modelled and costs of transfers as well as loss of revenues were calculated. Yearly total labour costs were 415,000 € for an on-site service VTC-service compared to 61,000 € in an on-call service. Additional costs for one teleconsultation were 109.55 € in VTC and 49.82 € in TA (VTC/TA ratio 2.2). The ratio decreased to 0.8 when accounting for costs of transfer and loss of reimbursement for all patients transferred as transfer of patients to the stroke centre was more frequent after TA (9.1 vs. 14.9%full-time on-site ser). Costs of one QALY gained by using VTC instead of TA ranged from 115.00 € to 515.86 € depending on the different models. In the first view TA looks like the less expensive method as it is easy to access and works without additional costs. When accounting for all disadvantages TA becomes slightly more expensive. In telestroke care VTC should be recommended as the method of choice also from an economic perspective.

In a changing environment, new challenges and demands facing management in sports associations and sports politics are emerging, including the question of how to measure/assess the organizational performance (OP) in national sport governing bodies (NSGB). The characterization of NSGB shows that they are not to be understood as rational systems, but rather as natural and open ones. An examination of existing approaches for measuring OP in private non-profit organizations, which have the central characteristics of NSGB, reveals several problems/deviations, with regard to how organizations are (and should be) understood and analyzed. Based on a systematic review, the paper presents the theoretical approaches and the methods used for measuring OP in NSGB. 20 studies could be identified, and in the vast majority of them, a multi-dimensional approach is applied. The strategic constituencies approach is the one most often used, but interestingly, further analysis shows that most assessments are carried out only by internal stakeholders. The identification of the fact that, in most cases, (internal) individuals assess the variables at organizational/macro level, underlines the need to pay more attention to potential measurement bias. Giving greater consideration to the micro level is not only required in the attempt to detect potential bias, but also due to the necessity of considering agents’ discretionary decision, thereby enabling NSGB to be considered as open and natural systems. Therefore, approaches that can consider both levels (e.g., multi-level modelling) seem to be promising, not only in providing more reliable results, but also in enhancing our understanding of OP, and thus also how to manage it. A further important development is the consideration of the (public) value that organizations contribute to society within the concept of OP.