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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4968 |
DP4968 Favouritism and Financial Incentives: A Natural Experiment | |
Robert Witt; Neil Rickman | |
发表日期 | 2005-03-23 |
出版年 | 2005 |
语种 | 英语 |
摘要 | Principals who exercise favouritism towards certain agents may harm those who are not so favoured. Other papers have produced evidence consistent with the presence of such favouritism but have been unable to consider methods for controlling it. We address this issue in the context of a natural experiment from English soccer, where one particular league introduced professional referees in 2001-02, thereby changing the financial incentives and monitoring regime faced by these referees. Because the change was not effected in all leagues, the ?experiment? has both cross-sectional and intertemporal dimensions. We study the effects of professional referees on an established measure of referee bias: length of injury time in close matches. We find that referees exercised favouritism prior to professionalism but not afterwards, having controlled for selection and soccer-wide effects. The results are consistent with a financial incentive effect as a result of professional referees and indicate that subtle aspects of principal-agent relationships (such as favouritism) are amenable to contractual influence. |
主题 | Public Economics |
关键词 | Favouritism Financial incentives Soccer Referee |
URL | https://cepr.org/publications/dp4968 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533867 |
推荐引用方式 GB/T 7714 | Robert Witt,Neil Rickman. DP4968 Favouritism and Financial Incentives: A Natural Experiment. 2005. |
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