Awarding a grand prize to the player who wins most often in a series of contests links the contests together and makes … incentives in the current contest depend on past performance. A lucky player who wins early faces relatively stronger economic … this argument and assesses it empirically using data from the Professional Golfers' Association Tour, before and after a …

, economists have recently shown a renewal of relevance of the study and the understanding of this phenomenon. The purpose of this … essay is to define the existing empirical research concerning the production under contract in the American agriculture and …

. On that day and the two following days, foreign firms experienced a cumulative 1.7% decline in value. Relative to …