The analysis of public policy issues in the classroom can be a powerful tool to help students learn because it encourages students to actively apply classroom material. The television show The Simpsons provides several episodes that revolve around policy issues amenable to examination. Using The Simpsons to provide students with material for analysis has two advantages over traditional sources such as newspapers or magazines. First, a long-running and popular television show effectively engages students in a way traditional sources cannot. Second, the context of an animated television show can help students separate positive economic analysis from normative economic analysis.
Previous research neglects to consider additional sources of moral hazard in baseball beyond the designated hitter rule. Using a game-level analysis similar to Bradbury and Drinen (2006), we find that an additional National League relief pitcher leads to more hit batsmen than an additional American League relief pitcher and that the number of games remaining in the National League has a smaller positive effect on the number of hit batsmen than the number of games remaining in the American League, though the latter relationship is economically small.Both results, however, imply additional avenues by which moral hazard emerges.JEL classifications: D81, L83
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