143 research outputs found

    Immigration of Highly Skilled Professionals: Discrimination in Professional Baseball?

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    Are highly skilled foreign professionals paid differently than their native-born counterparts? To address this question, this study focuses on a particular profession with substantial inflows of immigrants, in which human capital is readily transferrable: Major League Baseball (MLB). Racial discrimination in professional sports has received considerable attention, but it remains to be seen whether there has been differential treatment of foreign athletes. Focusing on a 1997-1998 sample of 557 MLB players, we find that foreign players are indeed treated differently than native-born players, favorably in some respects and unfavorably in others. Moreover, when controlling for birthplace, the extent of racial discrimination must be reconsidered

    Merger Externalities in Oligopolistic Markets

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    The spatial variability of layer-scale hydrogeologic properties of the unsaturated zone (UZ) at Yucca Mountain, Nevada, is investigated using inverse modeling. The thick UZ is grouped into five hydrostratigraphic units and further into 35 hydrogeologic layers. For each layer, lateral variability is represented by the variations in calibrated values of layer-scale properties at different individual deep boreholes. In the calibration model, matrix and fracture properties are calibrated for the one-dimensional vertical column at each individual borehole using the ITOUGH2 code. The objective function is the summation of the weighted misfits between the ambient unsaturated flow (represented by measured state variables: water saturation, water potential, and pneumatic pressure) and the simulated one in the one-dimensional flow system. The objective function also includes the weighted misfits between the calibrated properties and their prior information. Layer-scale state variables and prior rock properties are obtained from their core-scale measurements. Because of limited data, the lateral variability of three most sensitive properties (matrix permeability, matrix of the van Genuchten characterization, and fracture permeability) is calibrated, while all other properties are fixed at their calibrated layer-averaged values. Considerable lateral variability of hydrogeologic properties is obtained. For example, the lateral variability of is two to three orders of magnitude and that of and is one order of magnitude. The effect of lateral variability on site-scale flow and transport will be investigated in a future study
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