This paper provides empirical support for the Alchian and Allen “shipping the good apples out” hypothesis. The hypothesis version tested here involves estimating the effect of travel cost on the quality of a weekend trip to Cincinnati, where travel cost is measured by time spent in travel...

Marathon running has experienced considerable growth in recent years, fueled both by an increase in participation rates and by a corresponding increase in the number marathons staged each year. Because marathons have a presumed economic benefit, there also has been growth in the number of...