This article attempts to establish a link between voting theory and price theory. The median voter is characterized as a monopsonist who sets a price for the winning vote in an election. As such, the median voter can extract rents from the political sector as a function of the price of...

This paper treats racial integration as an innovation in economic process in which economic entities find it advantageous to utilize potentially more productive inputs previously unavailable due to law, custom, or managerial discretion. Data on the racial integration of Major League Baseball and...

This article is about addiction control. Using the economic theory of labor market tournaments, the authors derive the positive characteristics of an addiction control tournament and compare the effectiveness of a tournament versus self-constraining methods of addiction control. The authors also...

Using National Football League (NFL) data from 1987 to 2007, we examine the hiring of African American head coaches. Our results partly support an innovation explanation in that integration proceeded more rapidly in larger population centers. In contrast, we find only mixed and weak evidence...

This article offers some comments on recent articles in this journal about the process of racial integration in certain sports venues. Nothing in these articles changes the basic result in an earlier article where the authors show that entre-preneurship by winning teams is the key to...

Contents : 1. Why consumers wear sports gear -- 2. How MLB figured out its fans -- 3. The road from Robinson to Kaepernick -- 4. How markets penalize racists, slowly -- 5. Segregation with and without discrimination -- 6. Throwing bottles in Cleveland -- 7. Bill Belichick as economist -- 8....