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Salerno in Southern Italy. A simple human capital investment model is employed and this provides a framework within which to …
Persistent link: https://www.econbiz.de/10013071055
This essay aims to discuss the conditions for a successful implementation of the European Youth Guarantee in Italy. In …
Persistent link: https://www.econbiz.de/10013025302
-to-work transition (STWT). The aim is to assess the impact of the COVID-19 pandemic in Italy on the careers of individuals aged 15-34. We … significantly longer STWT duration compared to other EU countries, particularly for females and residents in the South of Italy. In … rigorous estimation and analysis of the impact of COVID-19 on the carriers of young individuals in Italy, which has not yet …
Persistent link: https://www.econbiz.de/10014262062
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning - longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...
Persistent link: https://www.econbiz.de/10013133624
The form of contests for a single fixed prize can be determined by a designer who maximizes the contestants' efforts. This paper establishes that, under common knowledge of the two asymmetric contestants' prize valuations, a fair Tullock-type endogenously determined lottery is always superior to...
Persistent link: https://www.econbiz.de/10013096475
We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...
Persistent link: https://www.econbiz.de/10013106012
We examine the impact of legalized casino gambling, including Indian casinos, on crime. Using county-level data between …
Persistent link: https://www.econbiz.de/10013084136
Combat is the most intense form of military service, but several aspects of the training experience, which explicitly prepares people for violent warfare, are hypothesized to link service to violent crime. Using Australia's Vietnam-era conscription lotteries for identification and criminal court...
Persistent link: https://www.econbiz.de/10013087432
We know surprisingly little about the influence of race-blind school admissions on student outcomes. This paper studies a unique reform where a large, urban school district was federally mandated to adopt a race-blind lottery system to fill seats in its oversubscribed magnet schools. The...
Persistent link: https://www.econbiz.de/10012907841
Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...
Persistent link: https://www.econbiz.de/10012894561