-We introduc e a simple allocation-of-tim e model to explain the high school athletic participatio n choice and the implication s of this choice for educationa l and labor market outcomes. Four differen t factors that could explain athletic participatio n are identi ed in the context of this model. A variety of tests of the model are provided using two data sets: the National Longitudinal Survey of Youth and the National Longitudinal Study of the High School Class of 1972. We nd some evidence that athletic participatio n directly affects wages and educationa l attainment. However, much of the effect of athletic participatio n on wages and educationa l attainment appears to re ect difference s across individual s in ability or value of leisure.Sports and other forms of vigorous physical activity provide educational experience which cannot be duplicated in the classroom. They are an uncompromising laboratory in which we must think and act quickly and efficiently under pressure and then force us to meet our own inadequacies face-to-face and to do something about them, as nothing else does. . . . Sports resemble life in capsule form and the participant quickly learns that his performance depends upon the development of strength, stamina, self-discipline and a sure and steady judgment.-Supreme Court Justice Byron White
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