This article examines play calling in the National Football League (NFL). It finds that a mixed strategy equilibrium game explains NFL play calling better than standard optimization techniques. When a quarterback is injured and replaced with a less capable backup, standard optimization theory...

Purpose – The purpose of this paper is to examine how firms respond to adverse supply shocks. Design/methodology/approach – This paper examines a supply shock within the framework of Mankiw's Menu Cost Model. Findings – The analysis in this paper illustrates that the type of adverse shock...

Purpose – The purpose of this paper is to examine how firms respond to adverse supply shocks. Design/methodology/approach – This paper examines a supply shock within the framework of Mankiw's Menu Cost Model. Findings – The analysis in this paper illustrates that the type of adverse shock...

Purpose – This paper aims to examine why a legislature would repeal an interest group deal. Design/methodology/approach–This paper provides a case study of the House of Representatives’ roll call reversal on the Brady Bill. The House voted against the Brady Bill in 1988 giving a victory to...