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This paper uses auction theory to explain the unique design of the 1998-2013 posting system agreed to between Major League Baseball and the Japanese Nippon Professional Baseball League that allowed for the transfer of baseball players from Japan to the United States. It has some similarities and...
Persistent link: https://www.econbiz.de/10012296119
This paper uses 2005-2019 data from the Chinese Basketball Association to assess the determinants of playing time with a focus on the effects of players’ national origin. Playing time is explained by an array of standard performance variables as well as each player’s characteristics (such as...
Persistent link: https://www.econbiz.de/10013249897
An attendance model is specified for the Canadian Hockey League (CHL), the top level of junior hockey in Canada with some teams located in the United States. The natural log of attendance is used as the dependent variable, with explanatory variables consisting of the timing of the game, team...
Persistent link: https://www.econbiz.de/10012038517
We provide a theoretical and empirical analysis of the set-level strategic and psychological momentums in best-of-five contests where players have asymmetric abilities. Theoretical predictions match observed Set 1 outcomes, the only set with no set-level psychological momentum, but do not match...
Persistent link: https://www.econbiz.de/10013213377
We provide a theoretical and empirical analysis of strategic momentum and psychological momentum in best-of-three contests where players have asymmetric abilities. As a theoretical benchmark, we develop a fully rational model of best-of-three contests and define psychological momentum as...
Persistent link: https://www.econbiz.de/10012827466
Many industries are impacted by "superstars," where a select few individuals add tremendous economic value. This paper estimates fan willingness-to-pay for superstars in the National Basketball Association, and, in particular, distinguishes between demand for player skill versus player...
Persistent link: https://www.econbiz.de/10012840820
This paper explores the relationship between team success, both in absolute terms and relative to preseason expectations, and subsequent personnel investments in Major League Baseball. Given the many ways in which luck impacts game outcomes, underperforming expectations could partially reflect...
Persistent link: https://www.econbiz.de/10014093311