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To attract golf patrons, sport managers must understand consumption patterns of the golfer. Importantly, the treatment of travel costs must be understood. According to the Alchian-Allen (1964) theorem, golfers treat travel costs as bundled costs (third law of economic demand) whereas classical...
Persistent link: https://www.econbiz.de/10008685493
Andalusia (Spain) has become one of the world’s leading regions for receiving golf tourists. In recent years there has been a constant increase in the number of golf courses; as a result an institutional context is developing in respect of environment protection that is conditioning the...
Persistent link: https://www.econbiz.de/10010990989
Price discrimination of this nature, focused on differing degrees of quality, bundled goods, volume discounts, and other forms of second-degree price discrimination, is commonplace in MLB. Indeed, it is safe to say that every single MLB ticket is sold under some form of price discrimination. As...
Persistent link: https://www.econbiz.de/10008685559
This paper investigates the impact of migration on Italian outbound tourism trips disaggregated by purpose of visit. A dynamic panel data analysis is carried out on a sample of 65 countries over the period 2005-2011. To disentangle pushing and pulling effects, the migration variables are defined...
Persistent link: https://www.econbiz.de/10015241375
This paper investigates the impact of migration on Italian inbound tourism flows in a dynamic panel data framework. Arrivals, expenditure and nights from 65 countries are analyzed for the period 2005-2011. The migration variable is defined at both origin and destination in order to assess the...
Persistent link: https://www.econbiz.de/10015241418
This article aims to explore and document the relationship between forms of alternative tourism and economic development. More specifically, the subject of this investigation will be whether a small national economy is able to rely wholly or largely on tourist flows as a source of income and...
Persistent link: https://www.econbiz.de/10015241504
Our study aims to estimate the effect of fan attendance on performance in the National Basketball Association (NBA). We use game day and adverse weather as instruments for attendance. Using two-stage least squares, we fail to find a statistically significant effect of attendance on overall game...
Persistent link: https://www.econbiz.de/10015241713
This paper considers the changes in revenue sharing that occurred prior to the 2007 season and its effects on parity via its effects on marginal revenues. Based on the results from an empirical specification for team revenue, we find evidence that the reduction in revenue sharing increased...
Persistent link: https://www.econbiz.de/10015241967
Tourism sector as a vital sector that plays an important role in supporting the mobility of economic activity and thus supporting the growth and prosperity of economic activity, Especially for what many activities that it cover which also benefit of the large size of tourism sector, and usually...
Persistent link: https://www.econbiz.de/10015242351
Over the past few decades, the world has seen a stunning transformation of the tourism industry. The tourism industry is one of the world's largest and fastest growing economic sectors. Thus, it is one of the key economic drivers in most developed and developing countries. Despite the rapid...
Persistent link: https://www.econbiz.de/10015242604