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4 major American sports leagues. I ?nd that Tullock CSFs based on relative efforts fit the data better than Hirshleifer …
Persistent link: https://www.econbiz.de/10008876699
By definition, giving 100% effort all of the time is sustainable, but begs the question of how to define 100% effort. As a corollary, once a benchmark for defining 100% effort is chosen, it may be possible, even optimal, to give a greater amount of effort for a short period of time, while...
Persistent link: https://www.econbiz.de/10008685080
This paper examines public financing of professional sports facilities with a focus on both early and recent … developments in taxpayer subsidization of spectator sports. The paper explores both the magnitude and the sources of public funding … for professional sports facilities. …
Persistent link: https://www.econbiz.de/10008800463
the controversy surrounding the purported economic impact of the game on host communities. While the league and sports …
Persistent link: https://www.econbiz.de/10008800464
This paper examines the profitability of Division I athletic programs at colleges and universities in the United States under a variety of accounting definitions of profit. The data identify several broad themes. First, a majority of athletic departments rely heavily on direct and indirect...
Persistent link: https://www.econbiz.de/10008800465
Surveys of patrons of the 2011 Baltimore Grand Prix provide evidence of the economic impact of the event that is vastly smaller than the projections by the events promoter, Baltimore Racing Development. Our best estimate of the gross spending impact of the event is about $25 million, while the...
Persistent link: https://www.econbiz.de/10010611183
This paper evaluates the magnitude and the economic impact of NFL mega-events including the Pro Bowl and Super Bowl. The paper also reviews the theory behind the usual findings that the observed economic benefits of mega-events are almost always a fraction of the benefits claimed a priori.
Persistent link: https://www.econbiz.de/10010611184
Research in economics has examined many determinants of earnings, including whether an individual is left or right handed. In the soccer labor market, being able to kick well with both the left and the right foot is rewarded with a salary premium. This paper examines pay and performance for...
Persistent link: https://www.econbiz.de/10010611187
Sports leagues constitute one of the few examples of legally operating cartels. In this paper I examine how gate …
Persistent link: https://www.econbiz.de/10010611188
Tournament design is of crucial importance in competitive sports. The primary goal of effective tournament design is to … leading up to the tournament. In spectator sports, a secondary goal of tournament design is to also promote interesting match …
Persistent link: https://www.econbiz.de/10008631533