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Economic Consequences of Mispredicting Utility
Frey, Bruno S.; Stutzer, Alois - Wirtschaftswissenschaftliches Zentrum <Basel> - 2008
A framework is proposed for organizing phenomena related to the (mis)predictionof utility, in particular neglecting adaptation. A categorization is introduced that accounts forasymmetries in misprediction. In decision-making, goods and activities satisfying extrinsicdesires are more salient than...
Persistent link: https://www.econbiz.de/10005867780
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Sabotage in Tournaments: Making the Beautiful Game a Bit Less Beautiful
Garicano, Luis; Palacios-Huerta, Ignacio - University <Chicago, Ill.> / Department of Economics; … - 2005
We exploit an incentive change in professional soccer leagues aimed at encouraging more attacking and goal scoring to obtain evidence on the effect ofstronger incentives on productive and destructive effort. Using as control thebehavior of the same teams in a competition that experienced no...
Persistent link: https://www.econbiz.de/10008860708
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INCENTIVES AND OUTCOMES IN A STRATEGICSETTING: THE 3-POINTS-FOR-A-WIN SYSTEM INSOCCER
Moschini, GianCarlo - Iowa State University of Science and Technology <Ames, … - 2008
I exploit a major structural change that has occurred in world soccer to study the impact ofincentives on outcomes in a strategic setting. A game-theoretic model is developed thatcaptures some essential strategic elements of soccer vis-à-vis the number of points awardedto a win. The observable...
Persistent link: https://www.econbiz.de/10009360784
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Against All Odds? National Sentiment and Wagering on EuropeanFootball
Braun, Sebastian; Kvasnicka, Michael - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2008
This paper studies how national sentiment in the form of either a perception or a loyaltybias of bettors may affect pricing patterns on national wagering markets for international sportevents. We show theoretically that both biases can be profitably exploited by bookmakers byway of price...
Persistent link: https://www.econbiz.de/10005860535
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Going public: The Organizational Restructuring of German Football Clubs
Wilkesmann, Uwe; Blutner, Doris - 2002
companies and communities of interests (of which clubs, and thus football clubs, are a subcategory). …
Persistent link: https://www.econbiz.de/10005846063
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Der Fußballverein zwischen e.V. und Kapitalgesellschaft - Wie Profifußballvereine das Dilemma zwischen Mitgliederrepräsentation und effizienter Zielverfolgung institutionell lösen...
Wilkesmann, Uwe; Blutner, Doris; Meister, Claudia - 2002
In der organisationstheoretischen Literatur wird in der Regel zwischen den verschiedenenOrganisationstypen des Interessenverbands, der Verwaltung und des Unternehmens differenziert.(...)
Persistent link: https://www.econbiz.de/10005846064
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The Demographic Transition:Causes and Consequences
Galor, Oded - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2012
therise in the demand for human capital in the process of development was the main trigger forthe decline in fertility and the …
Persistent link: https://www.econbiz.de/10009486956
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The Fertility Transition Around the World : 1950-2005
Strulik, Holger; Vollmer, Sebastian - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2010
In this paper we analyze the distribution of fertility rates across theworld using parametric mixture models. We … demonstrate the existence of twinpeaks and the division of the world's countries in two distinct components: ahigh-fertility … regime and a low fertility regime. Whereas the signicance oftwin peaks vanishes over time, the two fertility regimes continue …
Persistent link: https://www.econbiz.de/10005870745
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R&D-based Growth in the Post-modern Era
Strulik, Holger; Prettner, Klaus; Prskawetz, Alexia - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2011
with micro-founded fertility and schoolingbehavior. We then show how a Beckerian child quality-quantity trade-o explainswhy …
Persistent link: https://www.econbiz.de/10009302604