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Survey data on participation in gambling typically contain many zeros. The presence of many zeros presents methodological problems for the analysis of participation in gambling markets and gambling expenditure. The most common techniques for handling zeros in gambling data have been the Tobit...
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We develop a quality adjusted professional sports franchise price index for North America based on the repeat sale method and a hybrid method originally applied to house prices. For the repeat sale method, the index reflects trends in the general price of franchises holding market, facility and...
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Much research examines the positive and negative impacts of gambling in specific areas, including the relationship between gambling, such as casinos and electronic gaming, on crime. Since Grinols and Mustard, the academic literature finds a mixed relationship. The present research examines the...
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Many sports leagues use unbalanced schedules where teams do not play each opponent an equal number of times each season. In many leagues, teams that do not make the playoffs have the opportunity to improve by drafting highly skilled amateur players in the next entry draft, but the opportunity to...
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A test of the predictions of Dana’s (2001) model of monopoly price dispersion under demand uncertainty using ticket price data from Major League Baseball shows that ticket price dispersion changes systematically with demand uncertainty, verifying the predictions of the model.
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