The authors examine labor supply using 1,426 responses of individual runners to prizes in open invitational foot races. The data are used to decompose the overall market response of higher prizes into two components based on the basic tournament model. First, an entry effect exists in which...

We investigate whether intercollegiate athletic participation affects scholarly success. The overall means of course grades suggest that athletes do not do as well in the classroom as regular students. Background factors explain this underperformance for most sports; athletes come to school with...