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This paper examines whether the substitution decisions, under conditions of paper (or realized) losses, stimulate (or moderate) managerial risk taking. Using data on roster changes and field goal attempts (FGAs) in National Basketball Association (NBA) games, I find strong evidence of the...
This study aimed to investigate whether consumers increased the use of cashless payments and reduced cash payments after the COVID-19 outbreak. In doing so, we examined the effects of the Point Reward Project for Consumers Using Cashless Payments (PRP) program (a Japanese government program that...
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