This paper investigates how heterogeneity in contestants' investment costs affects the competition intensity in a …

In this paper we present a conceptual framework linking cultural heterogeneity to inter-group conflict. When conflict …

subsequent contest if the degree of heterogeneity in the current (subsequent) contest is sufficiently large (small). We confirm … are (i) less likely to be fielded when the heterogeneity in the current match increases and (ii) more likely to receive a … fifth yellow card in the current match when the heterogeneity in the next match increases or when the heterogeneity in the …

(a standard deviation of 8%). Second, heterogeneity in returns does not arise merely from differences in the allocation … differences in risk exposure and assets scale, it also reflects persistent heterogeneity in sophistication and financial …

around 38 percent on average, we find substantial underlying heterogeneity. Consistent with the predictions of our framework …

There is vast heterogeneity in the human willingness to weigh others’ interests in decision making. This heterogeneity … parsimoniously model and characterize heterogeneity across several dimensions of social preferences while still being able to predict …

This paper examines heterogeneity in exchange rate expectations. Whereas agents' heterogeneity is key in modern … exchange rate models, evidence on determinants of heterogeneity is weak so far. Our sample, covering expectations from about … heterogeneity. The risk premium influences heterogeneity as well, but possible impacts from macroeconomic variables and exchange …