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When Are State Lotteries a Good Bet (Revisited)?
Matheson, Victor - In: Eastern Economic Journal 27 (2001) 1, pp. 55-70
Because the jackpots in lotto games are potentially unlimited, it has been speculated that these lotteries may have a positive expected return for high jackpots. While most previous work has concluded that the lotto rarely presents a player with a positive expected return, this paper modifies...
Persistent link: https://www.econbiz.de/10005418844
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LA (INELÁSTICA) DEMANDA DE JUEGOS LOTTO
GARCÍA, JAUME; PÉREZ, LEVI - In: Revista de Economia Aplicada 21 (2013) 2, pp. 91-113
La mayoría de juegos lotto son operados por monopolios estatales en todo el mundo como una fuente alternativa de ingresos. Así, los estudios sobre la demanda en este ámbito han tratado de evaluar si la elasticidad precio estimada es consistente con la maximización de los ingresos (netos de...
Persistent link: https://www.econbiz.de/10010698200
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Production and Efficiency in Association Football
Carmichael, Fiona; Thomas, Dennis; Ward, Robert - In: Journal of Sports Economics 2 (2001) 3, pp. 228-243
of other, more interactive sports. This study attempts to partly fill the gap by using a new data source containing … football teams. On the basis of computed residuals, the authors also identify those teams shown to be relatively efficient and …
Persistent link: https://www.econbiz.de/10009367709
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Economic Return on Schooling for Soccer Players
Barros, Carlos Pestana - In: Journal of Sports Economics 2 (2001) 4, pp. 369-378
This article tests the relationship between earnings and schooling for male footballers of the Portuguese Football … that the sports market barely compensates the cost of education in accordance with the theory on the economic return on …
Persistent link: https://www.econbiz.de/10009367715
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Fan Loyalty in Professional Sports: An Extension to the National Football League
Craig A. Depken, II - In: Journal of Sports Economics 2 (2001) 3, pp. 275-284
Using the stochastic frontier framework, estimates of relative fan loyalty in professional football for 1990 to 1997 … conform to anecdotal evidence as to which teams have the best fans in the National Football League. The decision of whether to … relocate a professional football franchise is related to fan loyalty and other explanatory variables. Lt is found that a …
Persistent link: https://www.econbiz.de/10009367755
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Have public finance principles been shut out in financing new sports facilities in the United States?
Matheson, Victor; Baade, Robert - International Association of Sport Economists - IASE - 2005
Over the past 15 years, new stadiums in the National Football League have been built at an unprecedented rate, and most …
Persistent link: https://www.econbiz.de/10005731705
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An Evaluation of the Economic Impact of National Football League Mega-events
Matheson, Victor; Baade, Robert - International Association of Sport Economists - IASE; … - 2011
This paper evaluates the magnitude and the economic impact of NFL mega-events including the Pro Bowl and Super Bowl. The paper also reviews the theory behind the usual findings that the observed economic benefits of mega-events are almost always a fraction of the benefits claimed a priori.
Persistent link: https://www.econbiz.de/10010611184
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On the Edge of Your Seat: Demand for Football on Television and the Uncertainty of Outcome Hypothesis
Alavy, Kevin; Gaskell, Alison; Leach, Stephanie; … - In: International Journal of Sport Finance 5 (2010) 2, pp. 75-95
This paper examines the relationship between the demand for English football on television and outcome uncertainty. It …
Persistent link: https://www.econbiz.de/10010615274
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Do soccer players play the mixed-strategy Nash equilibrium?
Azar, Ofer H.; Bar-Eli, Michael - Volkswirtschaftliche Fakultät, … - 2009
Mixed-strategy Nash equilibrium (MSNE) is a commonly-used solution concept in game-theoretic models in various fields in economics, management, and other disciplines, but the experimental results whether the MSNE predicts well actual play in games is mixed. Consequently, evidence for...
Persistent link: https://www.econbiz.de/10008615621
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Super Bowl or Super (Hyper)Bole? Assessing the Economic Impact of America's Premier Sports Event
Matheson, Victor; Baade, Robert A. - Economics Department, Williams College - 2003
’s economy. The National Football League (NFL) has used the promise of an economic windfall to convince skeptical cities that …
Persistent link: https://www.econbiz.de/10008679099