Showing 1 - 10 of 4,493
Recent theoretical and empirical work characterizes attention as a limited resource that decision-makers strategically allocate. There has been less research on the dynamic interdependence of attention: how paying attention now may affect performance later. In this paper, we exploit...
Persistent link: https://www.econbiz.de/10012585406
Intercollegiate amateur athletics in the US largely bars student-athletes from sharing in any of the profits generated by their participation, which creates substantial economic rents for universities. These rents are primarily generated by men's football and men's basketball programs. We...
Persistent link: https://www.econbiz.de/10012481282
Game theory makes strong predictions about how individuals should behave in two player, zero sum games. When players follow a mixed strategy, equilibrium payoffs should be equalized across actions, and choices should be serially uncorrelated. Laboratory experiments have generated large and...
Persistent link: https://www.econbiz.de/10012463303
This paper analyzes the dynamics of prices in two online secondary markets for Major League Baseball tickets. Controlling for ticket quality, prices tend to decline significantly as a game approaches. The paper describes and tests alternative theoretical explanations for why this happens in...
Persistent link: https://www.econbiz.de/10012464142
The NBA provides an intriguing place to test for taste-based discrimination: referees and players are involved in repeated interactions in a high-pressure setting with referees making the type of split-second decisions that might allow implicit racial biases to manifest themselves. Moreover, the...
Persistent link: https://www.econbiz.de/10012465447
In this paper, we analyze the relationship between how long an employer has been in business (firm age) and wages … have been in business longer pay higher wages (as previous studies have found), but pay if anything lower wages after … controlling for worker characteristics. There is some evidence that the relationship is not monotonic, with wages falling and then …
Persistent link: https://www.econbiz.de/10012470166
being a worker with zero unemployment duration, the wage with ranking is much more sensitive to changes in the tightness of … the labor market. The same holds for efficiency wages …
Persistent link: https://www.econbiz.de/10012475646
for the vacancy, and the duration of the vacancy. We find that the wage is positively related to the duration of a vacancy … consistent with a view of the labor market in which firms post wages and workers direct their search based on these wages if …
Persistent link: https://www.econbiz.de/10012455765
substantial negative effects of unemployment duration on wages of 0.8% per month …This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …
Persistent link: https://www.econbiz.de/10012458891
Military spending, fatalities, and the destruction of capital, all of which are immediately felt and are often large, are the most overt costs of war. They are also relatively short-lived. The costs of war borne by combatants and their caretakers, which includes families, communities, and the...
Persistent link: https://www.econbiz.de/10012462548