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on Sports and Economics |
| By: | Fernando M. Aragon, Mahyar Rezazadeh (Simon Fraser University) |
| Abstract: | This paper examines how adaptation shapes the impact of extreme heat on labor productivity. We use global data on competitive runners, combined with highresolution weather information, to estimate how race-day heat affects running speed. Consistent with adaptation, we find that runners from hotter countries are significantly less affected by extreme temperatures. The performance gap is most pronounced in endurance events and narrows in high-stakes races, suggesting that both physiological factors and incentives may play a role. Our findings contribute to the literature on climate adaptation by providing evidence that prior exposure reduces sensitivity to heat. |
| Date: | 2025–02 |
| URL: | https://d.repec.org/n?u=RePEc:sfu:sfudps:dp25-02 |
| By: | Giuseppe De Marco (University of Naples Parthenope and CSEF); Maria Romaniello (Università degli Studi della Campania Luigi Vanvitelli.); Alba Roviello (University of Napoli Federico II) |
| Abstract: | We analyze the effects of guilt aversion in the Battle of Sexes game by exploiting the theory of psychological games and the concept of psychological Nash equilibrium. Then we examine the impact of ambiguity in the (second-order) beliefs by taking into account the theory of psychological games under ambiguity. Our results show that the sensitivity to guilt affects some equilibrium of the game since a player might be willing to accept a lower expected utility to compensate the otherÕs disutility from guilt. Ambiguity, in turn, makes this effect more evident as it makes it greater the disutility from guilt. |
| Keywords: | Battle of sexes, guilt aversion, psychological games, maxmin preferences. |
| Date: | 2024–12–01 |
| URL: | https://d.repec.org/n?u=RePEc:sef:csefwp:741 |