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<DIV>Intercollegiate sports is an enterprise that annually grosses over $1 billion in income. Some schools receive more than $20 million from athletic programs, perhaps as much as $10 million simply from the sale of football tickets. <BR><BR>Probing the history and business practices of the most powerful...</div>
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Using National Football League (NFL) data from 1987 to 2007, we examine the hiring of African American head coaches. Our results partly support an innovation explanation in that integration proceeded more rapidly in larger population centers. In contrast, we find only mixed and weak evidence...
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This paper treats racial integration as an innovation in economic process in which economic entities find it advantageous to utilize potentially more productive inputs previously unavailable due to law, custom, or managerial discretion. Data on the racial integration of Major League Baseball and...
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This article attempts to establish a link between voting theory and price theory. The median voter is characterized as a monopsonist who sets a price for the winning vote in an election. As such, the median voter can extract rents from the political sector as a function of the price of...
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We develop a simple insurance model of the secondary market for tickets to account for some of the observed spatial patterns of prices. Beyond ticket markets the model draws attention to the existence of subtle insurance fees in market prices that may be incorrectly attributed to breakdown of...
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