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Regulators and Redskins.
- Source :
- Public Choice; Oct2012, Vol. 153 Issue 1/2, p191-204, 14p, 6 Charts, 3 Graphs
- Publication Year :
- 2012
-
Abstract
- We examine the correlation between federal government activity and performance of the capital's National Football League team, the Washington Redskins. We find a positive, non-spurious, and robust correlation between the Redskins' winning percentage and bureaucratic output, measured by pages published in the Federal Register. Because the Redskins' performance is prototypically exogenous, we give this result a causal interpretation and provide a plausible, causal mechanism: bureaucrats must make 'logrolling' deals to expand their regulatory power, and a winning football team offers a shared source of optimism to lubricate such negotiations. We do not find the same correlation when examining congressional activity. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 00485829
- Volume :
- 153
- Issue :
- 1/2
- Database :
- Complementary Index
- Journal :
- Public Choice
- Publication Type :
- Academic Journal
- Accession number :
- 78191417
- Full Text :
- https://doi.org/10.1007/s11127-011-9781-3