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Optimality of Winner-Take-All Contests: The Role of Attitudes Toward Risk
(Private Enterprise Research Center, Texas A&M University, 2019-12-16)
It has been established in the literature that, under the assumption of risk-neutral contestants, it is usually optimal for an effort maximizing contest organizer with a fixed prize budget to award everything to a single ...
The Effect of Own-Gender Juries on Conviction Rates
(Private Enterprise Research Center, Texas A&M University, 2018-07-11)
The right to an impartial jury is the cornerstone of the U.S. justice system and is enshrined in the Bill of Rights, but are these juries truly impartial, or do they favor defendants who are similar to themselves? In PERC ...
Illegal Immigration: The Trump Effect
(Private Enterprise Research Center, Texas A&M University, 2021-06-03)
Recent years have witnessed the emergence of increasingly provocative anti-immigrant politicians in both Europe and the United States. The authors examine whether the 2016 election of Donald Trump, who made illegal immigration ...
Am I the Big Fish? The Effect of Self-Perceived Ordinal Rank on Student Academic Performance in Middle School
(Private Enterprise Research Center, Texas A&M University, 2018-12-20)
In the educational setting, it is well known that relative achievement can affect individual outcomes. The ordinal academic rank of a student may affect the student’s academic achievement through a student’s self-confidence, ...
Schools, Neighborhoods, and the Long-Run Effect of Crime-Prone Peers
(Private Enterprise Research Center, Texas A&M University, 2019-08-20)
There is a large and growing literature on how childhood peers shape outcomes. However, within this literature little is known about the effects of the different neighborhood factors, such as the relative importance of ...
Inflation Dynamics and the Cost Channel: The Small Open Economy Case
(Private Enterprise Research Center, Texas A&M University, 2014-05-19)
This paper investigates the cost channel of monetary policy, transmitting its effect on economic activities other than conventional demand side, in a small open economy. The innovations lie in examination of the cost ...
Corrupt Police
(Private Enterprise Research Center, Texas A&M University, 2020-08-21)
PERC Professor Danila Serra, along with Klaus Abbink and Dmitry Ryvkin employ laboratory experiments to examine the effects of corrupt law enforcement on crime within a society. The authors embed corruption in a social ...
Fear the Machine?
(Private Enterprise Research Center, Texas A&M University, 2018-03-30)
Advanced automation and artificial intelligence, or ‘robot’ technology use, continues to expand across many industries. Recent decreasing labor market movements fuels the question: How do these technologies affect ...
The Higher Costs of Doing Business in China: Minimum Wages and Firms' Export Behavior
(Private Enterprise Research Center, Texas A&M University, 2016-02-01)
This paper examines the relationship between changes in the minimum wage and firms’ export behavior in China using detailed firm-level data of medium and large manufacturing enterprises between 1998 and 2007. We find ...
Peer Quality and the Academic Benefits to Attending Better Schools
(Private Enterprise Research Center, Texas A&M University, 2016-09-18)
Despite strong demand for attending high schools with better peers, there is mixed evidence on whether doing so improves academic outcomes. The authors estimate the cognitive returns to high school quality using administrative ...