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Recent policy debate in Europe suggests that a shorter workweek will lead to more jobs (worksharing). We derive and estimate a model where the firm employs two types of workers, some working overtime, the rest standard hours. Worksharing is not always a prediction of the theory. Using German...
Persistent link: https://www.econbiz.de/10005686853
type="main" xml:id="sjpe12064-abs-0001" <title type="main">Abstract</title> <p>Peter Sloane's seminal article in this journal on the objectives of football clubs argued that utility maximising clubs would seek out player talent more aggressively than profit maximising clubs and that this accumulation of player talent by...</p>
Persistent link: https://www.econbiz.de/10011153359
Previous studies of attendance demand for professional team sports have failed to yield clear-cut findings on the importance of outcome uncertainty to consumers. But potentially fewer problems should arise in examining the link between outcome uncertainty and demand in the television market for...
Persistent link: https://www.econbiz.de/10005202965
The poll tax (community charge) recently imposed and subsequently abolished.in the United Kingdom, has proved controversial. This paper examines how a rational trade union would respond to the imposition of a poll tax and then to its replacement by a local income tax. The authors find simple...
Persistent link: https://www.econbiz.de/10005686697
Privately observed ability increases output and reduces effort required to complete tasks, in a model where harder tasks produce more output. The relation between average quality of the workforce and the wage rate is ambiguous. The model also produces a rat-race, in the sense that some...
Persistent link: https://www.econbiz.de/10005202761
Several studies estimate the demand for watching English professional football (soccer) as highly inelastic, a puzzling result given that clubs appear to possess a degree of monopoly power. We discuss weaknesses in earlier studies and offer an alternative method of assessing elasticity based on...
Persistent link: https://www.econbiz.de/10005202909