Transaction costs in trading involve both risk and return. The return is associated with the cost of immediate … execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between … risk and return in optimal execution should reflect the same risk preferences as in ordinary investment. The paper develops …

evaluation model. Our findings suggest that executive compensation contracts incorporate the benefits of risk-sharing but do not …

This paper analyzes the effects of top earnings tax rates on the international migration of football players in Europe …. We construct a panel dataset of top earnings tax rates, football player careers, and club performances in the first … number of tax and institutional changes: (a) the 1995 Bosman ruling which liberalized the European football market, (b) top …

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 …

using data on police reports of family violence on Sundays during the professional football season. Controlling for location …

natural experiment offered by the presence of thousands of international soccer (football) players in the European …

retirement. We test this prediction in a group of people—players in the National Football League (NFL)—whose income profile does … provide much protection against the risk of going bankrupt …

emotional shocks associated with unexpected outcomes of football games played by a prominent college team in the state. We …'s degrees from the university with which the football team is affiliated. Different falsification tests and a number of …

national football teams' victories in sub- Saharan Africa. Combining individual survey data with information on official …