Using a panel study of annual Major League Baseball data (1990-2004) we do not find evidence of exit discrimination against African-American players in Major League Baseball. Our findings are inconsistent with results from a study by Jiobu (1988) using 1971-1985 data which found that race...

NASCAR’s reward structure for rank order tournaments has been considered the exception to the rule in tournament theory due to the linear payout structure. We suggest that the rewards for drivers are nonlinear when you take into consideration the value of sponsorship time on camera and sponsor...

This paper explores the dilemma of choosing talent using NBA data from 1987-2003. We find that there is much uncertainty in selecting talent. If superstars are found they are usually identified early, however, more false positive exist than correct decisions with high draft picks. Our results...