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Conflicts of Interest Distort Public Evaluations : Evidence from the Top 25 Ballots of NCAA Football Coaches
Kotchen, Matthew J. - 2011
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/10013118120
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Professionals Do Not Play Minimax : Evidence from Major League Baseball and the National Football League
Kovash, Kenneth; Levitt, Steven D. - 2021
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/10013224414
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Favoritism Under Social Pressure
Garicano, Luis; Palacios-Huerta, Ignacio; Prendergast, … - 2021
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/10013226985
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Testing Out Contractual Incompleteness : Evidence from Soccer
Carbonell-Nicolau, Oriol; Comin, Diego - 2021
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/10013228753
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Beyond Goods and Services : Competition Policy, Investment, Mutual Recognition, Movement of Persons, and Broader Cooperation Provisions of Recent Ftas Involving ASEAN Countries
Dayaratna-Banda, O. G.; Whalley, John - 2021
We discuss recent bilateral, regional, and country trade, partnership, and economic agreements involving both ASEAN as a single entity and individual ASEAN countries (Singapore, Thailand, Malaysia) focusing on their reach beyond conventional trade in goods and services issues. What emerges is of...
Persistent link: https://www.econbiz.de/10013240991
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Competition Laws and Corporate Innovation
Levine, Ross; Lin, Chen; Wei, Lai; Xie, Wensi - 2022
A central debate in economics concerns the relationship between competition and innovation, with some stressing that competition discourages innovation by reducing post-innovation rents and others emphasizing that more contestable markets spur currently dominant and other firms to invest more in...
Persistent link: https://www.econbiz.de/10014258819
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International Trade Aspects of Competition Policy
Nagaoka, Sadao - 2021
Recently competition policy has become an important trade policy issue, since many policy makers now see competition policy as an important instrument to secure market access' to foreign markets. This paper analyzes this issue both from a theoretical point of view and from the review of the...
Persistent link: https://www.econbiz.de/10013228236
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Strong Sterling Pound and Weak European Currencies in the Crises : Evidence from Covered Interest Parity of Secured Rates
Fukuda, Shin-Ichi - 2016
In the post Lehman period, the interest rate of the US dollar became low on the forward contract because of“flight to quality” to the international currency. However, in the Euro crisis, that of the Sterling pound became equally low, while the other European currencies such as the Danish...
Persistent link: https://www.econbiz.de/10012999986
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The Impact of Brexit on Foreign Investment and Production
McGrattan, Ellen - 2017
In this paper, we estimate the impact of increasing costs on foreign producers following a withdrawal of the United Kingdom from the European Union (popularly known as Brexit). Our predictions are based on simulations of a multicountry neoclassical growth model that includes multinational firms...
Persistent link: https://www.econbiz.de/10012960512
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Brexit Uncertainty and Trade Disintegration
Graziano, Alejandro - 2018
We estimate the uncertainty effects of preferential trade disagreements. Increases in the probability of Britain's exit from the European Union (Brexit) reduce bilateral export values and trade participation. These effects are increasing in trade policy risk across products and asymmetric for UK...
Persistent link: https://www.econbiz.de/10012906789