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Unexpected costs of performance incentives with production uncertainty: Theory and evidence from a real-effort laboratory experiment 具有生产不确定性的绩效激励的意外成本：来自实际努力实验室实验的理论和证据
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-11-01 DOI: 10.1111/ecin.70021
Michael S. Kofoed, Aaron Phipps
{"title":"Unexpected costs of performance incentives with production uncertainty: Theory and evidence from a real-effort laboratory experiment","authors":"Michael S. Kofoed,&nbsp;Aaron Phipps","doi":"10.1111/ecin.70021","DOIUrl":"https://doi.org/10.1111/ecin.70021","url":null,"abstract":"<p>Policy advocates often promote market-like incentives for publicly provided services like education or healthcare (e.g., Medicare). Evidence for performance incentives in these sectors is mixed, possibly due to production uncertainty represented as uncertainty about the marginal effect of inputs. Using a principal-agent model, we demonstrate that such uncertainty can lead to inefficiencies in output-based incentives. The model illustrates how employees favor inputs with lower uncertainty and reduce overall effort. Input-based incentives might be more effective in such cases. We conduct a real-effort lab experiment which validates these predictions: participants shift from efficient inputs as uncertainty grows, and reduce overall effort.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 1","pages":"261-285"},"PeriodicalIF":1.3,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145986829","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The impact of uncertainty on fan interest surrounding multiple outcomes in open European football leagues 不确定性对球迷兴趣的影响围绕多个结果在开放的欧洲足球联赛
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-10-30 DOI: 10.1111/ecin.70024
Pedro Garcia-del-Barrio, J. James Reade
{"title":"The impact of uncertainty on fan interest surrounding multiple outcomes in open European football leagues","authors":"Pedro Garcia-del-Barrio,&nbsp;J. James Reade","doi":"10.1111/ecin.70024","DOIUrl":"https://doi.org/10.1111/ecin.70024","url":null,"abstract":"<p>This paper uses searches via Google to evaluate the importance of uncertainty in driving demand for entertainment events. We consider various dimensions of uncertainty of outcome in European football to examine whether the removal of uncertainty surrounding the winner of a competition before its conclusion reduces interest. We find a significant decrease in interest, although this appears mitigated by the existence of multiple objectives, such as qualifying for European competitions and avoiding relegation. We conclude that such a diversified and open structure (including promotion and relegation) is desirable in leagues that do not have a final play-off system.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 1","pages":"371-390"},"PeriodicalIF":1.3,"publicationDate":"2025-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.70024","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145964441","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Trade, offshoring, and manufacturing employment volatility in Mexico 墨西哥的贸易、离岸外包和制造业就业波动
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-10-21 DOI: 10.1111/ecin.70023
Adam Walke, Stephan Weiler
{"title":"Trade, offshoring, and manufacturing employment volatility in Mexico","authors":"Adam Walke,&nbsp;Stephan Weiler","doi":"10.1111/ecin.70023","DOIUrl":"https://doi.org/10.1111/ecin.70023","url":null,"abstract":"<p>We find that manufacturing sectors specializing in the processing and assembly of foreign-owned intermediate goods had higher employment volatility in Mexico from 2007 to 2020, whereas specialization in trade had limited impacts on volatility. In general, the co-evolution of trade integration and international outsourcing complicates efforts to disentangle the distinct effects of trade versus offshoring on developing-country labor markets. We approach that problem by using official statistics that distinguish between production sharing processes typical of offshoring-intensive sectors versus traditional trade activities. The empirical strategy exploits regional and temporal variation within industries using data supplied for this project.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 1","pages":"350-370"},"PeriodicalIF":1.3,"publicationDate":"2025-10-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.70023","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145987185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The attack-and-defense conflict with the gun-and-butter dilemma 进攻和防御与枪炮和黄油的困境相冲突
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-10-14 DOI: 10.1111/ecin.70020
Subhasish M. Chowdhury, Iryna Topolyan
{"title":"The attack-and-defense conflict with the gun-and-butter dilemma","authors":"Subhasish M. Chowdhury,&nbsp;Iryna Topolyan","doi":"10.1111/ecin.70020","DOIUrl":"https://doi.org/10.1111/ecin.70020","url":null,"abstract":"<p>We analyze a general equilibrium model of attack and defense with production. One attacker and one defender allocate fixed endowments between producing butter and guns. We characterize the unique interior and unique corner equilibrium, and find that (i) the defenders may spend more resources on conflict than the attacker even without loss aversion or other preferential bias, (ii) the attackers may expend all their resources only in conflict, and (iii) the interior and the corner equilibria cannot coexist. These results may help explain Ukraine's sustained high defense effort and Russia's militarized economy, or the excessive conflict expenditure by Hamas etc.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 1","pages":"245-260"},"PeriodicalIF":1.3,"publicationDate":"2025-10-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.70020","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145986948","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Who stands up to persuade? Voluntary influencers in public support for Pigouvian taxation 谁站出来劝说？公众支持庇古税的自愿影响者
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-10-07 DOI: 10.1111/ecin.70019
Lingbo Huang, Silvia Tiezzi, Erte Xiao
{"title":"Who stands up to persuade? Voluntary influencers in public support for Pigouvian taxation","authors":"Lingbo Huang,&nbsp;Silvia Tiezzi,&nbsp;Erte Xiao","doi":"10.1111/ecin.70019","DOIUrl":"https://doi.org/10.1111/ecin.70019","url":null,"abstract":"<p>We examine how voters choose to influence others' attitudes toward policy, focusing on the context of Pigouvian taxation. Data from a controlled laboratory experiment show that individuals are generally reluctant to stand up and persuade others. Among those who do, both tax supporters and objectors are equally likely to volunteer—and equally persuasive. As a result, overall negative attitudes toward Pigouvian taxes persist. Moreover, it is the strength of individuals' initial views, rather than an informational advantage, that increases the likelihood of self-nomination as first voters, regardless of the direction of those views. These findings help explain the enduring lack of public support for welfare-enhancing tax policies and suggest avenues for addressing it.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 1","pages":"286-299"},"PeriodicalIF":1.3,"publicationDate":"2025-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.70019","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145983450","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
International evidence on the cost channel of monetary policy 货币政策成本通道的国际证据
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-09-18 DOI: 10.1111/ecin.70014
Jui-Chuan Della Chang, Dennis W. Jansen, Carolina Pagliacci
{"title":"International evidence on the cost channel of monetary policy","authors":"Jui-Chuan Della Chang,&nbsp;Dennis W. Jansen,&nbsp;Carolina Pagliacci","doi":"10.1111/ecin.70014","DOIUrl":"https://doi.org/10.1111/ecin.70014","url":null,"abstract":"<p>We provide evidence from advanced and emerging economies on the supply-side effects of monetary policy, that is, the cost channel. We employ sign restrictions to identify demand-driven and supply-driven components of inflation and loan rates to test for the cost channel. A monetary policy tightening, by reducing banks' loan supply, increases the supply loan rate and the borrowing costs faced by firms. The subsequent contraction in aggregate supply raises supply inflation. We find this effect is larger in emerging economies. In a stylized New Keynesian model both reactions are related to the pass-through of firms' costs to prices and banks' costs to rates.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1127-1146"},"PeriodicalIF":1.3,"publicationDate":"2025-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.70014","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145196940","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Economic Inquiry 2024 Editor's Report 《经济探究2024》编辑报告
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-09-02 DOI: 10.1111/ecin.70017
{"title":"Economic Inquiry 2024 Editor's Report","authors":"","doi":"10.1111/ecin.70017","DOIUrl":"https://doi.org/10.1111/ecin.70017","url":null,"abstract":"","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1409-1416"},"PeriodicalIF":1.3,"publicationDate":"2025-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145196260","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Temporary employment and the protection of investments in human capital: Examining the Major League Baseball player market 临时雇佣与人力资本投资保护：以美国职棒大联盟球员市场为例
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-09-02 DOI: 10.1111/ecin.70016
Richard J. Paulsen
{"title":"Temporary employment and the protection of investments in human capital: Examining the Major League Baseball player market","authors":"Richard J. Paulsen","doi":"10.1111/ecin.70016","DOIUrl":"https://doi.org/10.1111/ecin.70016","url":null,"abstract":"<p>When employees are employed in a temporary capacity, employers should be less willing to invest in their human capital relative to permanent employees. This study uses the context of injury management by Major League Baseball teams to test for differential investment in the protection of player human capital. Injury management is inherently uncertain as medical professionals can give differing opinions, so teams may be able to influence recovery times. Using a panel dataset and estimating player fixed-effects regressions, players are found to miss significantly fewer games to injury when employed on a temporary basis.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1279-1290"},"PeriodicalIF":1.3,"publicationDate":"2025-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.70016","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145196261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Nudges to encourage female and racial minority students to enroll in additional economics courses 鼓励女性和少数族裔学生选修额外的经济学课程
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-08-30 DOI: 10.1111/ecin.70015
Lucienne N. Karszen, Seth Richard Gitter, Melissa A. Groves
{"title":"Nudges to encourage female and racial minority students to enroll in additional economics courses","authors":"Lucienne N. Karszen,&nbsp;Seth Richard Gitter,&nbsp;Melissa A. Groves","doi":"10.1111/ecin.70015","DOIUrl":"https://doi.org/10.1111/ecin.70015","url":null,"abstract":"<p>This paper replicates studies on alumni visits and email interventions in Economics Principles courses to address diversity among students majoring in economics. Using a new, racially diverse sample reflecting national demographics, we find that two 15-min visits from female alumnae, mostly African American, or an encouraging email can increase enrollment in upper-level economics courses, but combining these interventions is potentially less effective. Alumnae visits increased upper-level economics course completion among Black and Latinx students by almost 12 percentage points more than they increased completion among white students. Our results suggest that alumni visits can increase racial diversity at a relatively low cost.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"63 4","pages":"1386-1408"},"PeriodicalIF":1.3,"publicationDate":"2025-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145197157","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The economic effects of long-term climate change: Evidence from the Little Ice Age: Replication 长期气候变化的经济影响：来自小冰期的证据：复制
IF 1.3 4区 经济学
Economic Inquiry Pub Date : 2025-08-20 DOI: 10.1111/ecin.70013
Nikolai Cook, Hugo Cordeau, Tongzhe Li, Taylor Wright
{"title":"The economic effects of long-term climate change: Evidence from the Little Ice Age: Replication","authors":"Nikolai Cook,&nbsp;Hugo Cordeau,&nbsp;Tongzhe Li,&nbsp;Taylor Wright","doi":"10.1111/ecin.70013","DOIUrl":"https://doi.org/10.1111/ecin.70013","url":null,"abstract":"<p>Waldinger finds a positive relationship between temperature and city size during the climate change of 1600–1850. We show the main result differs by city size. Cities with less than 1000 inhabitants (which make up 23.5% of observations and are 49.6% of cities at some point) exhibit a strong and positive relationship between temperature and city size, whereas cities with always more than 1000 inhabitants exhibit a negative relationship. Further examination of the underlying city size data, which bins populations into coarse thousand-wide population intervals, finds the original analysis to be robust to a number of reasonable alternative researcher choices.</p>","PeriodicalId":51380,"journal":{"name":"Economic Inquiry","volume":"64 1","pages":"212-220"},"PeriodicalIF":1.3,"publicationDate":"2025-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/ecin.70013","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145987006","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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