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'Until not much more than 20 years ago, economists frequently lamented the fact that they were limited in their empirical analyses to statistical assessments of market behavior, because controlled economic experiments were (thought to be) infeasible, unethical, or both. Much has changed in the...
Persistent link: https://www.econbiz.de/10011851634
The home-market effect, first hypothesized by Linder (1961) and later formalized by Krugman (1980), is the idea that countries with larger demand for some products at home tend to have larger sales of the same products abroad. In this paper, we develop a simple test of the home-market effect...
Persistent link: https://www.econbiz.de/10012984754
We develop a real options model of Ramp;D valuation, which takes into account the uncertainty in the quality of the research output, the time and cost to completion, and the market demand for the Ramp;D output. The model is then applied to study the problem of pharmaceutical under-investment in...
Persistent link: https://www.econbiz.de/10012750738
Persistent link: https://www.econbiz.de/10013077983
Federal purchases of major childhood vaccines account for roughly half of the total market for these vaccines. This paper examines Federal purchasing practices in the context of the recent literature on bidding and procurement, and compares these practices to UNICEF vaccine procurement...
Persistent link: https://www.econbiz.de/10013322317
From the Olympics to the World Cup, mega sporting events are a source of enjoyment for tens of thousands of people, but can also be a source of intense debate and controversy. This insightful Handbook addresses a number of central questions, including: How are host cities selected and under what...
Persistent link: https://www.econbiz.de/10011851264
In this comprehensive Handbook, John Goddard and Peter Sloane present a collection of analytical contributions by internationally regarded scholars in the field, which extensively examine the many economic challenges facing the world's most popular team sport. The Handbook is naturally divided...
Persistent link: https://www.econbiz.de/10011852059
host countries. They also apply theory and estimation to new settings, such as how women respond to tournaments in skiing …
Persistent link: https://www.econbiz.de/10012419766
Events: Theory and Practice, Journal of Sports Economics, 8 (2), 165-182. -- Barros C.P. (2006), Evaluating Sport Events at …. Lang (2008), Overinvestment in Team Sports Leagues: A Contest Theory Model, Scottish Journal of Political Economy, 55 (3 …-239. -- Torgler B. (2004), The Economics of the FIFA Football World Cup, Kyklos, 57 (2), 287-300. -- Vrooman J. (2007), Theory of the …
Persistent link: https://www.econbiz.de/10012420118
Contents: 1. Consumer spending on spectator sports, physical activity, and sports betting: evidence from Canada. / Brad Humphreys, Jane Ruseski and Jie Yang -- 2. Should gambling markets be privatized? An examination of state lotteries in the United States. / Kent Grote and Victor A. Matheson --...
Persistent link: https://www.econbiz.de/10012251710