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Competitions often suffer from biased judgments by officials tied to their social identities. In international cricket, home nation umpires favoured home teams, but neutral umpires were introduced successfully to address this bias. However, the COVID-19 pandemic prompted the return of home...
Persistent link: https://www.econbiz.de/10014526960
Competitions often suffer from biased judgments by officials tied to their social identities. In international cricket, home nation umpires favoured home teams, but neutral umpires were introduced successfully to address this bias. However, the COVID-19 pandemic prompted the return of home...
Persistent link: https://www.econbiz.de/10014567484
Human-created works represent critical data inputs to artificial intelligence (AI). Strategic behaviour can play a major role for AI training datasets, be it in limiting access to existing works or in deciding which types of new works to create or whether to create new works at all. We examine...
Persistent link: https://www.econbiz.de/10014528223
We use outages as natural experiments to study sovereign bond market functioning. When the euro area futures market goes down, trading activity on the cash market declines, liquidity evaporates, and transaction prices deviate from fundamental values. Tracing back this macro-level market...
Persistent link: https://www.econbiz.de/10014565166
Health care markets often lack a market force because the presence of health insurance undermines price signals. Patients have little incentive to shop for low-priced alternatives because they do not bear the full cost of their health care consumption. In turn, producers lack incentives to...
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