📢 Just accepted in #JAERE! 📢
"A Hedge Fund in Your Garage: Automobile purchases under gasoline price uncertainty" by James Archsmith ( @econjim.bsky.social ) and Simon Levin.
Read it here: buff.ly/n61hgnZ
📈📉 #Econsky

When Gas Prices Fluctuate, Efficient Vehicles Are Like a Hedge Fund in the Garage When gas prices are unpredictable, car buyers are willing to pay more for vehicles that use less fuel, according to new research from the University of Maryland.

As vehicle climate standards are rolled back, new research from @econjim.bsky.social shows when gas prices are unpredictable, car buyers are willing to pay ~7% more for fuel-efficient vehicles, and 16% of that reflects risk avoidance.
Policy shapes markets. Uncertainty shapes behavior. #econsky

Calling the shots: The dynamics of attention on the baseball field - Royal Economic Society Information processing is not costless. How do Major League Baseball umpires strategically allocate their limited attention?

How do workers manage their mental energy over time?

In ‘Calling the shots’, James Archsmith draws on data from 3 million+ MLB umpire decisions to uncover how accuracy shifts with pressure, fatigue & expectation. ⚾

Read the full article: bit.ly/4rxvJZV

#EconSky @econjim.bsky.social

Pregame pyrotechnics may lead to some low-quality referee calls in the #CONCACAF finals. dx.doi.org/10.1086/698728