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This paper analyzes the financial incentives for entities to self-impose punishments post-apprehension but before the enforcement body imposes punishment. We argue that violators punish themselves in order to affect the level and type of total punishment. Violators may be able to choose the...
Persistent link: https://www.econbiz.de/10005427039
Despite the common perception that African-American coaches face discrimination obstacles, only two rigorous statistical studies exist that actually address the issue of racial variation in retention of coaches. Neither study accounts for variation in the level of talent across coaches and the...
Persistent link: https://www.econbiz.de/10005427000
The unwillingness of team owners to share their data prohibits a direct assessment of the value of professional team sports ownership. But insights into that value can be gleaned from actual team sale prices. First, throughout the entire modern history of Major League Baseball (MLB), the average...
Persistent link: https://www.econbiz.de/10005427003