Showing 1 - 10 of 10
Baade R. A. and Matheson V. A. (2004) The quest for the cup: assessing the economic impact of the World Cup, Reg. Studies 38, 343-354. Hosting the World Cup, the world's second largest sporting event, is a potentially expensive affair. The co-hosts of the 2002 games, Japan and South Korea, spent...
Persistent link: https://www.econbiz.de/10005457937
This paper considers the whether offering multiple lotto games within a state by joining a multi-state lottery increases total ticket sales compared to offering a single state game. The question is considered from two different perspectives, which both lead to the conclusion that states do tend...
Persistent link: https://www.econbiz.de/10005256340
Professional sports leagues have witnessed the appearance of sugar daddies - people who invest enormous amounts of money in clubs and become their owners. This paper presents a contest model of a professional sports league that incorporates this phenomenon. We analyze how the appearance of a...
Persistent link: https://www.econbiz.de/10009421921
This paper provides a theoretical model of a team sports league and studies the welfare effect of salary caps. It shows that salary caps will increase competitive balance and decrease overall salary payments within the league. The resulting effect on social welfare is counter-intuitive and...
Persistent link: https://www.econbiz.de/10005046410
Persistent link: https://www.econbiz.de/10005687930
This paper develops a model of a professional sports league with network externalities by integrating the theory of two-sided markets into a two-stage contest model. In professional team sports, the competition of the clubs functions as a platform that enables sponsors to interact with fans. In...
Persistent link: https://www.econbiz.de/10010570337
The contribution of this paper to the social capital literature is threefold. It first develops an innovative framework for measuring social capital, which allows for quantification of five different components of the multidimensional concept of social capital. Secondly, it provides a single,...
Persistent link: https://www.econbiz.de/10005003909
Drawing on survey data, this study carries out an assessment of the Italian regions’ endowments of social capital and of its relationship with well-being and the quality of development. The contribution of the paper to the literature is threefold: first, we advance a framework for the...
Persistent link: https://www.econbiz.de/10010575257
Empirical studies have documented a decline in indicators of social participation in the last five decades. The responsibility of social disengagement has often been attributed to pervasive busyness and the increasing pressure on time. In this paper we argue that computer-mediated interaction,...
Persistent link: https://www.econbiz.de/10010580751
We develop a dynamic model to analyze the sources and the evolution of social participation and social capital in a growing economy characterized by exogenous technical progress. We start from the assumption that the well-being of agents basically depends on material and relational goods....
Persistent link: https://www.econbiz.de/10011048078