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overcome these difficulties by studying European football (soccer) clubs during 1990-2020. Detailed microdata from this setting …
Persistent link: https://www.econbiz.de/10012696355
pitch type in Major League Baseball and whether to run or pass in the National Football League. We observe more than three … million pitches in baseball and 125,000 play choices for football. We find systematic deviations from minimax play in both … data sets. Pitchers appear to throw too many fastballs; football teams pass less than they should. In both sports, there is …
Persistent link: https://www.econbiz.de/10012463303
the decision making of National Football League teams during their annual player draft. This is a domain in which …
Persistent link: https://www.econbiz.de/10012467415
The theory of incomplete contracting is rival to that of complete contracting as a frame of reference to understand contractual relationships. Both approaches rest upon diametrically opposed postulates and lead to very different policy conclusions. From a theoretical viewpoint, scrutiny of the...
Persistent link: https://www.econbiz.de/10012467575
This paper provides empirical evidence of favoritism by agents, where that favoritism is generated by social pressure. To do so, we explore the behavior of professional soccer referees. Referees have discretion over the addition of extra time at the end of a soccer game (called injury time), to...
Persistent link: https://www.econbiz.de/10012470344
This paper provides a study on conflicts of interest among college football coaches participating in the USA Today … percent of a coach's football budget, coaches respond with more favorable rankings of half a position, and this effect is more …
Persistent link: https://www.econbiz.de/10012461029
corresponding new measures of industry competition where firms can have their own distinct set of competitors. Our new sets of … industry competitors better explain specific discussion of high competition by management, rivals identified by managers as … evidence that firm R&D and advertising are associated with subsequent differentiation from competitors, consistent with …
Persistent link: https://www.econbiz.de/10012462662
In this paper, we explore the hypothesis that an important force behind the collapse in advertising revenue experienced … introduce a model of the market for advertising on news media outlets whereby news outlets are modeled as competing two … equilibrium outcomes in the advertising market. One consequence is that multi-homing on the part of advertisers is heterogeneous …
Persistent link: https://www.econbiz.de/10012459241
The extent of pharmaceutical advertising and promotion can be characterized by a balancing act between profitable … of competition (e.g. monopoly versus oligopoly). In this paper we model the firm's behavior under different competitive … scenarios and test the model's predictions using a novel combination of sales, promotion, advertising, and adverse event reports …
Persistent link: https://www.econbiz.de/10012461495
for innovation by establishing finite periods of market exclusivity yet simultaneously providing access to lower cost …
Persistent link: https://www.econbiz.de/10012462225