The Occupations classification from Romania (C.O.R.) has been adopted in 1995. Since then it suffered some modifications and completions. For the hotels and the restaurants sector, a special interest is given by the completions brought by the Mandate no. 149/2006. Positions and the base callings...

Does the quality of performance by experts respond to financial incentives? I provide some new evidence on this question by examining the propensity of racehorse trainers to undertake effort-diverting actions. In a sample of 30426 horse races, I find that lower race stakes are strongly...

The link between team payroll and competitive balance plays a central role in the theory of team sports but is seldom investigated empirically. This paper uses data on team payrolls in Major League Baseball between 1980 and 2000 to examine the link and implements Granger causality tests to...

Depending on their degree of risk aversion, team managers might prefer those players who score a regular amount of points in each game of the season to those other players who, although on average do equally well or even better, are more inconsistent. However, sports statistics do not reflect...

This article provides an analysis of the baseball draft. The objective is to determine whether the ability to recognize talent, that is, a player who will reach the major leagues, varies with the position of the player across different baseball clubs or with the level of schooling attained by...

Past studies have only uncovered a limited amount of evidence regarding salary discrimination in the National Hockey League (NHL). Only French Canadian defensemen sometimes seemed to be underpaid. It has been argued recently that the lack of evidence may be more a reflection of excessive...

This article investigates wage determination among professional soccer players appearing in the Italian league. Given the popularity of "top" soccer players, the relationship between individual productivity and pay can lead to "superstar" effects. In that context, the marginal revenue product of...

This article describes a model of final offer arbitration, like that used in major league baseball, in which two stages of wage bargaining exist between a risk-averse firm and a risk-averse employee. In the first stage, the negotiators set final offers. In the second stage, the negotiators...

This article analyzes the characteristics and incentive effects of contractual practices in professional boxing. A boxer's "purse" is linked to post rather than contemporaneous performance, thereby creating an incentives problem. Although consumption-smoothing considerations alleviate this...

The salaries of major league baseball players is a common subject for analysis in the sports economics literature. Although hitters and pitchers represent two separate groups, each of these two groups of players is assumed to be homogeneous so that aggregation within each group is appropriate....