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This paper presents evidence consistent with an incentive-based theory of Olympic medal winning effort. As a result of a fundamental change in property rights regimes, the overall number of medals won by athletes from the former Soviet Bloc in Albertville and Barcelona was considerably below...
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Using data from a sample of the economic literature published over the years 1950 through 1988, we find substantial support for an environmental theory of idea entrepreneurship among economists. In particular, we show that the percentage of economic articles devoted to the topics of inflation...
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New evidence seems to cast doubt on the hypothesis that the American League's adoption of the designated hitter rule in 1973 created a moral hazard problem for pitchers. In particular, the substitution of hard-hitting designated hitters for weak-hitting pitchers in the American League supposedly...
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American League batters have been hit by pitches 10 percent to 15 percent more frequently than National League batters since the designated hitter rule was introduced in 1973. This evidence is consistent with the idea that the American League's adoption of the designated hitter rule created a...
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