By Brad R. Humphreys, Dennis R. Howard
ISBN-10: 0275993426
ISBN-13: 9780275993429
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Additional resources for The Business of Sports: Economic Perspectives on Sport
Example text
When applying the Rule Single-Entity Ownership and Antitrust Law 27 of Reason, the court must examine the anticompetitive effects of the conduct alleged to be a violation of Section 1 and weigh those effects against the purported business justifications and any pro-competitive effects of such conduct. Justice Louis Brandeis articulated the classic statement of the Rule of Reason in Chicago Bd. of Trade v. United States (1918): The court must ordinarily consider the facts peculiar to the business to which the restraint is applied, its condition before and after the restraint was imposed, the nature of the restraint and its effect, actual or probable.
See Muriel Niederle and Lisa Vesterlund, ‘‘Do Women Shy Away from Competition? , 2005. 47. See Henry J. Paarsch and Bruce S. Shearer, ‘‘Do Women React Differently to Incentives? Evidence from Experimental Data and Payroll Records,’’ European Economic Review 51 (2007): 1682 1707. 48. This is consistent with a finding reported that although women are more risk averse than men, the former are no less likely to adopt a high variance strategy in a tour nament competition. See Donald Vandegrift and Paul Brown, ‘‘Gender Differences in the Use of High Variance Strategies in Tournament Competition,’’ Journal of Socio Economics 34 (2005): 834 849.
Ehrenberg and Michael L. ’’ Journal of Political Economy 98 (1990): 1307 1324, and Ronald G. Ehrenberg and Michael L. Bognanno, ‘‘The Incentive Effects of Tournaments Revisited: Evidence from the European PGA Tour,’’ Industrial and Labor Relations Review 43 (1990): 74 88. 16. Using data from the 1992 season, Orszag was unable to replicate these findings. He attributes this unexpected result to increased media coverage since the 1980s which might have led to increased nervousness among players, thus distorting the relationship between effort and performance.
The Business of Sports: Economic Perspectives on Sport by Brad R. Humphreys, Dennis R. Howard
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