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Recently the notion and the measurement of destination competitiveness have received increasing attention in the economics literature on tourism. The reason for this interest emerges from both the increasing economic importance of the tourist sector and the increasing competition on the tourist...
Persistent link: https://www.econbiz.de/10011349706
This paper aims to provide a statistical analysis of the relative economic performance of Italian tourist areas. It uses two modelling approaches to estimate the competitiveness of these regions, viz. data envelopment analysis (DEA) and the Malmquist method. Our results show that the...
Persistent link: https://www.econbiz.de/10011349707
Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two-bidders' auction is similar to the Hawk-Dove game, which...
Persistent link: https://www.econbiz.de/10011374396
In this paper we investigate the impact of upper and middle level managers on firm performance by simultaneously estimating manager and match qualities for management pairings in Major League Baseball (MLB). We document the economic significance of managers at both organizational levels and...
Persistent link: https://www.econbiz.de/10011339152
We analyze 45 years of data from English professional football focusing on the determinants of home advantage. We conclude that seasonal home advantage is substantial and positively related to within-team variation in attendance. Furthermore, despite big cross-league differences in attendance,...
Persistent link: https://www.econbiz.de/10012220055
One major argument to legitimize the transfer system in European club football is that transfer fees paid by hiring clubs result in a redistribution of revenues from large market to small market clubs, which may lead to more intense on-field competition. We investigate this claim using a unique...
Persistent link: https://www.econbiz.de/10012233325
In the Netherlands, in the top tier of professional football some teams play their home matches on an artificial pitch while other teams play their home matches on natural grass. This paper investigates whether or not home teams who play on an artificial pitch have an additional home advantage...
Persistent link: https://www.econbiz.de/10011725289
We investigate stadium attendance in the highest level of Dutch professional football for the seasons 2000/01 - 2015/16 focusing on outcome uncertainty, loss aversion and team quality. We find that for individual football matches, attendance is related to reference-dependent preferences with...
Persistent link: https://www.econbiz.de/10011924825
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