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There is little evidence in support of the main economic rationale for regulating athletic doping: that doping reduces fan interest. The introduction of random testing for performance-enhancing drugs (PED) by Major League Baseball (MLB) offers unique data to investigate the issue. The...
Persistent link: https://www.econbiz.de/10011249378
Using a survey approach, we ask consumers to reveal their preferences over pricing schemes that may differ in terms of the average price of consumption, the amount of price variation, and the probability of being rationed. We find that consumers dislike pricing schemes that vary prices more but...
Persistent link: https://www.econbiz.de/10005504691
In a dynamic model of sports competition, if spectators care only about contestants' efforts, incentive schemes depending linearly on the final score difference dominate rank order schemes based only on who wins. If spectators also care about suspense, defined as valuing more contestants'...
Persistent link: https://www.econbiz.de/10005392689
Buying frenzies in which a firm intentionally undersupplies a product during its initial launch phase are a common practice within several industries such as electronics (cell phones, video games, game consoles), luxury cars, and fashion goods. We develop a dynamic model of buying frenzies that...
Persistent link: https://www.econbiz.de/10011084386
We document the existence of pricing styles in the concert industry. Artists differ in the extent to which they rely on second- and third-degree price discrimination and in how likely they are to sell out concerts. Most strikingly, artists who use multiple seating categories are more likely to...
Persistent link: https://www.econbiz.de/10011084535
The compensation of a professor who is awarded an internal Canada Research Chair (CRC) increases by 6.3 percent on average in our sample. This gain is large initially but quickly erodes over CRC tenure. The gain is slightly larger for professors who change university to obtain a CRC Chair....
Persistent link: https://www.econbiz.de/10011084552
We study opaque selling in the hotel industry using data from Hotwire.com. An opaque room discloses only the star level and general location of the hotel at the time of booking. The exact identity of the hotel is disclosed after the booking is completed. Opaque rooms sell at a discount of 40...
Persistent link: https://www.econbiz.de/10011084632
Ce rapport est le deuxième d’une série concernant l’évaluation expérimentale d’enchère à prix aléatoires appliquée aux droits d’exploitation de la forêt québécoise et fait suite au « Rapport I : Comparaison d’enchères multiples de premier et de deuxième prix »...
Persistent link: https://www.econbiz.de/10011199689
Les modalités associées à l'enchère à enveloppe fermée de premier prix et utilisées jusqu'à maintenant par le Bureau de mise en marché du bois (BMMB) ont été testées expérimentalement par Rondeau, Doyon et Courty (RDC) en 2012. Leurs résultats révèlent l'importance du prix de...
Persistent link: https://www.econbiz.de/10011183816
Ce projet a pour objectif de pallier un manque de connaissances quant à l'impact des conditions de marché et de certains paramètres institutionnels sur les prix d'enchère de premier prix. Il s'inscrit dans le cadre de la réforme majeure du régime forestier québécois et de la mise en...
Persistent link: https://www.econbiz.de/10011183826