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Hurricanes are among the costliest natural disasters in the world, with a significant portion of their impact linked to the accuracy of their forecasts. In this paper, we estimate the economic impacts of the official hurricane forecasts in the US and develop a new approach for measuring the...
Persistent link: https://www.econbiz.de/10013426083
the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013167956
We examine the fairness and intensity of sequential round-robin tournaments with multiple prizes. With three symmetric … relative size of the second prize influences the extent and the direction of discrimination as well as the intensity of three …
Persistent link: https://www.econbiz.de/10011735948