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...

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...

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...

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...