In this paper, we identify a source of peer group influence that is plausibly orthogonal to information provision, yet nonetheless affects economic decision-making: the shock to an equity analyst of their undergraduate college football team winning the NCAA Championship Game. We find that...

The federal government is the largest individual buyer of U.S. goods. As such, the procurement decisions of its agencies can have far reaching consequences. In this paper a dataset on the universe of federal procurement contracts is combined with a novel identification strategy to assess the...