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Testing out Contractual Incompleteness : Evidence from Soccer
Carbonell-Nicolau, Oriol - 2005
The theory of incomplete contracting is rival to that of complete contracting as a frame of reference to understand …
Persistent link: https://www.econbiz.de/10012467575
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Favoritism Under Social Pressure
Garicano, Luis - 2001
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/10012470344
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Does Employing Skilled Immigrants Enhance Competitive Performance? Evidence from European Football Clubs
Glennon, Britta; Morales, Francisco; Carnahan, Seth; … - National Bureau of Economic Research - 2021
overcome these difficulties by studying European football (soccer) clubs during 1990-2020. Detailed microdata from this setting …
Persistent link: https://www.econbiz.de/10012696355
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Professionals Do Not Play Minimax : Evidence from Major League Baseball and the National Football League
Kovash, Kenneth - 2009
Game theory makes strong predictions about how individuals should behave in two player, zero sum games. When players … 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 …
Persistent link: https://www.econbiz.de/10012463303
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Overconfidence vs. Market Efficiency in the National Football League
Massey, Cade - 2005
the decision making of National Football League teams during their annual player draft. This is a domain in which …
Persistent link: https://www.econbiz.de/10012467415
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Conflicts of Interest Distort Public Evaluations : Evidence from the Top 25 Ballots of NCAA Football Coaches
Kotchen, Matthew - 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/10012461029
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The Dynamic Efficiency in Resource Allocation : Evidence from Vehicle License Lotteries in Beijing
Liu, Youming - 2020
The efficiency of resource allocation is often analyzed in static frameworks with a focus on the cross-sectional heterogeneity in the willingness to pay among users. When the resource is durable in nature, the temporal heterogeneity could be important in assessing the efficiency properties of...
Persistent link: https://www.econbiz.de/10012482084
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The Impact of Uncertain Intellectual Property Rights on the Market For Ideas : Evidence From Patent Grant Delays
Gans, Joshua S. - 2007
This paper considers the impact of the intellectual property (IP) system on the timing of cooperation/licensing by start-up technology entrepreneurs. If the market for technology licenses is efficient, the timing of licensing is independent of whether IP has already been granted. In contrast,...
Persistent link: https://www.econbiz.de/10012465419
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Are There Real Effects of Licensing on Academic Research? A Life Cycle View
Thursby, Marie - 2005
Whether financial returns to university licensing divert faculty from basic research is examined in a life cycle context. As in traditional life cycle models, faculty devote more time to research, which can be either basic or applied, early and more time to leisure as they age. Licensing has...
Persistent link: https://www.econbiz.de/10012467181
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Shirking, Sharing Risk, and Shelving : The Role of University License Contracts
Thursby, Marie - 2005
In this paper, we develop a theoretical model of university licensing to explain why university license contracts often include payment types that differ from the fixed fees and royalties typically examined by economists. Our findings suggest that milestone payments and annual payments are...
Persistent link: https://www.econbiz.de/10012467557