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The nineteenth-century American family experienced tremendous demographic, economic, and institutional changes. By using birth order effects as a proxy for family environment, and linked census data on men born between 1835 and 1910, we study how the family's role in human capital production...
Persistent link: https://www.econbiz.de/10014528214
Workers can contribute to total firm production directly through their own output or indirectly through their influence on the output of co-workers. Workers with positive productivity spillover effects cause individuals around them to perform better and increase overall team production. In...
Persistent link: https://www.econbiz.de/10011697939
Persistent link: https://www.econbiz.de/10012268739
Using data from multiple-period math competitions, we show that males outperform females of similar ability during the first period. However, the male advantage is not found in any subsequent period of competition, or even after a two-week break from competition. Some evidence suggests that...
Persistent link: https://www.econbiz.de/10013137312
Outcome bias occurs when an evaluator considers ex-post outcomes when judging whether a choice was correct, ex-ante. We formalize this cognitive bias in a simple model of distorted Bayesian updating. We then examine strategy changes made by professional football coaches. We find they are more...
Persistent link: https://www.econbiz.de/10013119785
We analyze a new auction format in which bidders pay a fee each time they increase the auction price. Bidding fees are the primary source of revenue for the seller, but produce the same expected revenue as standard auctions. Our model predicts a particular distribution of ending prices, which we...
Persistent link: https://www.econbiz.de/10013148382
Pre-College human capital investment occurs within a competitive environment and depends on market incentives created by Affirmative Action (AA) in college admissions. These policies affect mechanisms for rank-order allocation of college seats, and alter the relative competition between blacks...
Persistent link: https://www.econbiz.de/10013048611
Explanations for the West's escape from premature mortality have focused on chronic malnutrition or income and on public health or state capacity. We argue that by ignoring the multigenerational effects of variance in ancestors' harvests, we are underestimating the contribution of modern...
Persistent link: https://www.econbiz.de/10015193874
We explore how socio-economic background shapes academia, collecting the largest dataset of U.S. academics’ backgrounds and research output. Individuals from poorer backgrounds have been severely underrepresented for seven decades, especially in humanities and elite universities. Father’s...
Persistent link: https://www.econbiz.de/10015164682
We use state repeals of blood test requirements for a marriage license that occurred between 1980 and 2005 to examine the impact of changes in the price of marriage on the marriage decision. Using a within-group estimator that holds constant state and year effects and exploits variation in the...
Persistent link: https://www.econbiz.de/10013157926