Feddersen, Arne; Maennig, Wolfgang; Borcherding, Malte - In: International Journal of Sport Finance 1 (2006) 3, pp. 174-188
When decisions are made to construct new stadia or to undertake major renovation work, the decision makers often assume that more spectators will be attracted. This so-called “novelty effect” is used as an argument that an impulse towards increased demand for the region and its services will...