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Anecdotal evidence often points to aging as a cause for reduced work performance. This paper provides empirical evidence on this issue in a context where performance is measurable and there is variation in mandatory retirement policies: U.S. state supreme courts. We find that introducing...
Persistent link: https://www.econbiz.de/10012482244
We study vote trading among U.S. Congress members. By tracking roll-call votes within bills across five legislatures and politicians' personal connections made during the school years, we document a propensity of connected legislators to vote together that depends on how salient the bill is to...
Persistent link: https://www.econbiz.de/10014250186
. By cumulating votes on issues that it deems most important, the minority can win occasionally. But because the majority … typically can outvote it, the minority wins only of its strength of preferences is high and the majority's strength of … confirmed by a series of experiments: the frequency of minority victories, the relative payoff of the minority versus the …
Persistent link: https://www.econbiz.de/10012467002
In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget … of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide …-and-seek game between majority and minority voters that corresponds to a decentralized version of the Colonel Blotto game. We offer …
Persistent link: https://www.econbiz.de/10012456444
This paper provides a quantitative analysis of the effects of the early law-and- economics movement on the U.S. judiciary. We focus on the Manne Economics Institute for Federal Judges, an intensive economics course that trained almost half of federal judges between 1976 and 1999. Using the...
Persistent link: https://www.econbiz.de/10012938757
We study dynamic task allocation when providers' expertise evolves endogenously through training. We characterize optimal assignment protocols and compare them to discretionary procedures, where it is the clients who select their service providers. Our results indicate that welfare gains from...
Persistent link: https://www.econbiz.de/10012629532
Earnings inequality has increased substantially since the 1970s. Using evidence from confidential Census data on U.S. law offices on lawyers' organization and earnings, we study the extent to which the mechanism suggested by Lucas (1978) and Rosen (1982), a scale of operations effect linking...
Persistent link: https://www.econbiz.de/10012463906
Training to become a physician involves long work hours that can be physically demanding, particularly for surgeons. Are birth outcomes of physician mothers affected as a result? Using Texas birth data from 2007-2014, we compared birth outcomes between physicians and another highly educated...
Persistent link: https://www.econbiz.de/10014447276
We examine how politicization and polarization influence judicial review within U.S. Federal appellate courts. Analyzing over 400,000 cases from 1985 to 2020, we find that judges' political alignment or misalignment with trial judges increasingly affect their decisions, particularly in the last...
Persistent link: https://www.econbiz.de/10015072862
minority communities? This paper provides the first analysis of how PPP funds were disbursed to minority communities in the … number of loans per employer business or loan amounts per employee, and the minority share of the population or businesses in … round of 2020. We find a stronger positive relationship between minority share and loan numbers or amounts to employer …
Persistent link: https://www.econbiz.de/10012938701