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The establishment of the free agency system in the 1970s resulted in large salary increases among professional baseball players. Historical data show that players have tended to perform better at early stages of their careers since free agency was introduced. Under the current salary bargaining...
Persistent link: https://www.econbiz.de/10013139043
The traditional Becker/Arrow style model of discrimination depicts majority and minority and workers as perfectly substitutable inputs, implying that all workers have the same job assignment. The model is only appropriate for determining whether pay differences between, for example, whites and...
Persistent link: https://www.econbiz.de/10013120136
Using a sample of professional baseball players from 1871-2007, this paper aims at analyzing a longstanding empirical observation that married men earn significantly more than their single counterparts holding all else equal (the "marriage premium"). Baseball is a unique case study because it...
Persistent link: https://www.econbiz.de/10013125142
The relevance of sunk costs in decision making is one of the major sources of disagreement between neoclassical economists and behavioral economists. We test the importance of sunk costs by examining the role of a player's draft position on his playing time in the National Basketball...
Persistent link: https://www.econbiz.de/10013071737
Research in the field of customer discrimination has received relatively little attention even if the theory of discrimination suggests that customer discrimination may exist in the long run whereas employer and employee discrimination may not. This paper examines customer discrimination...
Persistent link: https://www.econbiz.de/10012926712
This Chapter reviews evidence on discrimination in basketball, primarily examining studies on race but with some discussion of gender as well. I focus on discrimination in pay, hiring, and retention against black NBA players and coaches and pay disparities by gender among college coaches. There...
Persistent link: https://www.econbiz.de/10012764690
We analyze gender differences in risk-taking in high-pressure situations. Using novel data from professional athletes … (NBA and WNBA), we find that male teams increase their risk-taking towards the end of matches when a successful risky … strategy could secure winning the match. Female teams, in contrast, reduce their risk-taking in these situations. The less time …
Persistent link: https://www.econbiz.de/10012987683
We empirically explore the relevance of risk taking behavior in tournaments. We make use of data from the NBA season … 2007/2008 and measure risk taking by the fraction of three-point shots. Current heterogeneity of teams is taken into … account by intermediate results. It turns out that indeed teams who are behind increase the risk in terms of more three …
Persistent link: https://www.econbiz.de/10013146826
This paper examines how the effort choices of workers within the same firm interact with each other. In contrast to the existing literature, we show that workers can affect the productivity of their co-workers based on income maximization considerations, rather than relying on behavioral...
Persistent link: https://www.econbiz.de/10013316784
This paper evaluates the European football clubs' compliance with UEFA Financial Fair Play (FFP) regulations and the effect of financial stability on sport achievements. The empirical analysis uses data of teams competing in the 1st division of four top domestic leagues (Premier League, La Liga,...
Persistent link: https://www.econbiz.de/10014088217