Showing 1 - 10 of 1,978
negative effect if they are substitutes. The theory is tested using panel data on the performance of baseball players from 1970 …
Persistent link: https://www.econbiz.de/10013316784
We explore how umpires' racial/ethnic preferences are expressed in their evaluation of Major League Baseball pitchers. Controlling for umpire, pitcher, batter and catcher fixed effects and many other factors, strikes are more likely to be called if the umpire and pitcher match race/ethnicity....
Persistent link: https://www.econbiz.de/10012768173
rather than another.In this paper, we develop a theory for ranking distribution functions. Our theory offers a general … ranking can be attained without introducing weaker criteria than second-degree stochastic dominance. The conventional approach … that give an unambiguous ranking of any set of distribution functions.We also provide an axiomatization of the sequences of …
Persistent link: https://www.econbiz.de/10013061933
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and … no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To … method for identifying the least restrictive social preferences required to reach an unambiguous ranking of a given set of …
Persistent link: https://www.econbiz.de/10013324763
dynamic model of multi-tasking and an accompanying experiment with financial professionals, we identify hidden ranking costs … when performance in one task is incentivized and ranked while another prosocial task is not: (i) a ranking influences … ranked task; (ii) those ahead in the ranking spend less total effort and lower relative effort in the ranked task …
Persistent link: https://www.econbiz.de/10012831230
, consistent with efficiency wage theory …
Persistent link: https://www.econbiz.de/10013139043
The traditional Becker/Arrow style model of discrimination depicts majority and minority and workers as perfectly substitutable inputs, implying that all workers have the same job assignment. The model is only appropriate for determining whether pay differences between, for example, whites and...
Persistent link: https://www.econbiz.de/10013120136
We empirically explore the relevance of risk taking behavior in tournaments. We make use of data from the NBA season 2007/2008 and measure risk taking by the fraction of three-point shots. Current heterogeneity of teams is taken into account by intermediate results. It turns out that indeed...
Persistent link: https://www.econbiz.de/10013146826
The financial troubles of professional athletes are an ongoing topic of intrigue. In general, the zealousness brought to private equity schemes are a common factor in observed financial insolvency. Considering the behavioral attribute of self-confidence I propose a simple model which explains...
Persistent link: https://www.econbiz.de/10013085476
The relevance of sunk costs in decision making is one of the major sources of disagreement between neoclassical economists and behavioral economists. We test the importance of sunk costs by examining the role of a player's draft position on his playing time in the National Basketball...
Persistent link: https://www.econbiz.de/10013071737