Hoffer, Adam; Humphreys, Brad R.; Lacombe, Donald J.; … - Department of Economics, College of Business and Economics - 2014
We develop and empirically test a model of intercollegiate athletic department expenditure decisions. The model extends … general dynamic models of nonprice competition and includes the idea that nonprofit athletic departments may simply set … expenditure equal to revenues. Own and rival prestige is included in the athletic departments' utility function, generating …