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Mozart or Pelé? The effects of teenagers’ participation in music and sports

Cabane, Charlotte; Hille, Adrian; Lechner, Michael - C.E.P.R. Discussion Papers - 2015

’ leisure time on playing music or doing sports, or both. We find that while playing music fosters educational outcomes compared … to doing sports, particularly so for girls and children from more highly educated families, doing sports improves …

Persistent link: https://www.econbiz.de/10011272715

Do Fans Care about Compliance to Doping Regulations in Sports? The Impact of PED Suspension in Baseball

Cisyk, Jeffrey; Courty, Pascal - C.E.P.R. Discussion Papers - 2015

There is little evidence in support of the main economic rationale for regulating athletic doping: that doping reduces fan interest. The introduction of random testing for performance-enhancing drugs (PED) by Major League Baseball (MLB) offers unique data to investigate the issue. The...

Persistent link: https://www.econbiz.de/10011249378

Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions?

Snowberg, Erik; Wolfers, Justin - C.E.P.R. Discussion Papers - 2010

The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning—longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...

Persistent link: https://www.econbiz.de/10008468517

A Consistent Weighted Ranking Scheme with an Application to NCAA College Football Rankings

Fainmesser, Itay; Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2005

sports world, depends on four parameters (winning vs. losing and the relative importance of home vs. away games). In most …

Persistent link: https://www.econbiz.de/10005123674

Intermediaries as Bundlers, Traders and Quality Assessors: The Case of UK Tour Operators

Clerides, Sofronis; Nearchou, Paris; Pashardes, Panos - C.E.P.R. Discussion Papers - 2005

We study the intermediary role of tour operators in the market for package tourism. Intermediaries often arise in order to facilitate trade in markets characterized by asymmetric information. In the travel industry policy-makers have tried to address information asymmetries by providing hotel...

Persistent link: https://www.econbiz.de/10005124410

Late Informed Betting and the Favourite-Longshot Bias

Ottaviani, Marco; Sørensen, Peter Norman - C.E.P.R. Discussion Papers - 2003

According to the favorite-longshot bias observed in pari-mutuel betting, the final distribution of bets overestimates the winning chance of longshots. This Paper proposes an explanation of this bias based on late betting by small privately informed bettors. These bettors have an incentive to...

Persistent link: https://www.econbiz.de/10005504377

Suspense

Chan, William M; Courty, Pascal; Li, Hao - C.E.P.R. Discussion Papers - 2002

In a dynamic model of sports competition, we show that when spectators care only about the level of effort exerted by … reward in sports competitions. The puzzle can be explained if one takes into account the fact that spectators also care about …

Persistent link: https://www.econbiz.de/10005114294

Labor market effects of sports and exercise: Evidence from Canadian panel data

Lechner, Michael; Sari, Nazmi - C.E.P.R. Discussion Papers - 2014

Based on the Canadian National Population Health Survey we estimate the effects of individual sports and exercise on …

Persistent link: https://www.econbiz.de/10011083408

Heterogeneous sports participation and labour market outcomes in England

Downward, Paul; Lechner, Michael - C.E.P.R. Discussion Papers - 2013

Based on a unique composite dataset measuring heterogeneous sports participation, labour market outcomes and local … facilities provision, this paper examines for the first time the association between different types of sports participation on … employment and earnings in England. Clear associations between labour market outcomes and sports participation are established …

Persistent link: https://www.econbiz.de/10011083502

In-season head-coach dismissals and the performance of professional football teams

Ours, Jan C van; Van Tuijl, Martin - C.E.P.R. Discussion Papers - 2014

This paper studies the causes and consequences of in-season changes of the head-coach of association football teams. We exploit data from the highest level of Dutch professional football during 14 successive seasons. An in-season change of the head-coach depends on recent match results and the...

Persistent link: https://www.econbiz.de/10011083836