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Minor League Baseball attracts over 40 million fans a year. One potentially important attendance draw is the ability …€™s attendance. Their results suggest that only those prospects ranked in the top 5 and at the highest level (AAA) have an impact on … their team’s attendance and their impact on attendance is small. …
Persistent link: https://www.econbiz.de/10009294531
Like Major League Baseball (MLB), minor league baseball attendance may be influenced by the quality of the team. We use … a minor league team’s winning percentage and attendance. We also find evidence that minor and MLB are substitutes as … increased ticket prices for the nearest MLB team lead to higher minor league attendance if that team is within 100 miles …
Persistent link: https://www.econbiz.de/10009004619
The combination of credit constraints and indivisible consumption goods may induce some riskaverse individuals to play lotteries to have a chance of crossing a purchasing threshold. One implication of this is that income effects for individuals who choose to play lotteries are likely to be...
Persistent link: https://www.econbiz.de/10008991953
The authors solve a linear problem where a potential conflict between two agents (Destination manager and Firm) arises in a tourism destination. The Destination manager has to choose how to allocate limited resources (capital and land) between either second homes or hotels. This conflict stems...
Persistent link: https://www.econbiz.de/10009550130
This paper examines how professional athletes can optimize commercial revenues from endorsement and sponsorship agreements throughout their careers. We use athlete brand management, defined as the balancing of brand building and brand selling activities, to understand the dynamics of commercial...
Persistent link: https://www.econbiz.de/10011416561
The purpose of this paper is to understand and explain why some professional sports organizations outsource their sponsorship-related activities to sports marketing agencies whereas others purposely retain these activities in-house. The paper applies the Resource-Based View (RBV) and Transaction...
Persistent link: https://www.econbiz.de/10011416563
In response to declining budgets, many school districts in the US have reduced funding for sports. In Europe, parents may respond to difficult economic times by spending less on sports clubs for their children. Such cuts are unwise if participating in sports is an investment good as well as a...
Persistent link: https://www.econbiz.de/10011430225
A productive workforce is a key objective of public economic policy. Recent empirical work suggests that increasing individual participation in sports and exercise can be a major force for achieving this goal. The productivity gains and related increase in earnings come on top of the already...
Persistent link: https://www.econbiz.de/10011430232
The knowledge of the actual magnitude and main features of tourism flows in a given destination is an essential prerequisite for the evaluation of tourism impacts and externalities. Indeed, many pleasure trips are often characterized by the visit to more than a single destination. Although the...
Persistent link: https://www.econbiz.de/10009665319
In this article, the authors present a theoretical model to investigate the private and social incentives to reduce seasonality in a given market. They assume that consumers derive different utilities from the consumption of the same good in different seasons. The seasonal product...
Persistent link: https://www.econbiz.de/10009665347