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There have been a host of empirical papers studying the returns to skill in professional golf (e.g., Alexander & Kern …, carefully considers the skewed distribution of earnings in professional golf. This paper uses quantile regression to better … handle the skewness and outlier values found in PGA earnings data. Using data from the PGA for the years 2004 to 2007 results …
Persistent link: https://www.econbiz.de/10010905493
tournament setting. Empirically, we examine trends in professional golf earnings distributions and in the relative performance of … average and below average PGA tour golfers in the U.S. The empirical work indicates that the performance of less skilled …
Persistent link: https://www.econbiz.de/10005292745
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This article argues that the use of membership fees at shared facilities, such as private golf courses, is not per se …
Persistent link: https://www.econbiz.de/10009367741
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This paper examines bias in soccer referees actions, particularly through their decisions regarding extra time added. We review the literature on principle-agent interactions, in particular as it applies to sporting contests, and isolate some potential causal mechanisms and hypotheses. We then...
Persistent link: https://www.econbiz.de/10012721921
Long-term deals are one tool that both players and franchises use to manage risk. That tool has been much discussed and empirically tested with respect to player shirking, and has more briefly, and only theoretically, discussed with respect to reducing variance in future payrolls. Our work looks...
Persistent link: https://www.econbiz.de/10012722467
The Internet has completely changed the landscape of the planet. As a result, many areas of the law are being re-thought or re-developed, while other new issues emerge that defy all remotely related regulations. Online gambling is one of those areas in which the laws have lagged behind the...
Persistent link: https://www.econbiz.de/10012730060
Racehorse trainers operate asset management businesses in which the assets owned by outside clients compete with those owned by managers for the latter's time, care and attention. Although this potentially leads to serious conflicts of interest, we find no evidence of an agency problem: in a...
Persistent link: https://www.econbiz.de/10012731439