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In many rural areas land use patterns are shifting from agriculture or woodland to residential development. This is especially true in areas possessing significant natural amenities like the sweeping vistas, white-water rivers, and blue-ridged mountains of Southern Appalachia. As in-migration...
Persistent link: https://www.econbiz.de/10009367352
This article reports an application of the contingent valuation method to measure the value of public goods generated by a professional sports team, the Pittsburgh Penguins of the National Hockey League. The data and analysis indicate that a major league sports team can produce widely consumed...
Persistent link: https://www.econbiz.de/10009367756
In this article, it is suggested that the new collective bargaining agreement (CBA) in the National Basketball Association (NBA) redistributes rents from the superstars back to the median voters. In particular, it is suggested that portions of the new agreement, such as salary caps, are designed...
Persistent link: https://www.econbiz.de/10009367779
National Association for Stock Car Auto Racing’s (NASCAR) monetary reward structure uses a linear payout for races, with a nonlinear payout for the season long tournament. The authors suggest that the season long nonlinear payout is magnified by taking into consideration the value of...
Persistent link: https://www.econbiz.de/10009372089
Corporate sponsorship plays an important role in the entertainment business. The question becomes: what influences the value of a sponsorship contract? Empirical analysis of this question is relatively limited because of a lack of complete data on contract values. This is especially true in...
Persistent link: https://www.econbiz.de/10009293339
This article examines an application of the contingent valuation (CV) method to Abstract measure the compensation required for the siting of a hazardous waste disposal facility. First, the risk valuation literature on the siting of a hazardous waste facility is discussed. In this section, the...
Persistent link: https://www.econbiz.de/10010687390
When corporate sponsors want to maximize their exposure, they often focus sponsorship dollars on events, teams and athletes that will prove to be reliable, respectable and, most important, repetitive advertising outlets. Analysing the factors that increase a broadcaster's propensity to display a...
Persistent link: https://www.econbiz.de/10010760706
Using NFL data from 2000 to 2008, we test for compensation discrimination on career earnings in the NFL. We use both the traditional dummy variable technique applied to Ordinary Least Squares regression and the quantile regression analysis to measure the effect of race on earnings. We focus on...
Persistent link: https://www.econbiz.de/10010761425