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The last hour of betting for the wagering market in the National Football League (NFL) was examined. In a sample of offshore sportsbooks, nearly a quarter of all bets on NFL games occured in the last hour before kickoff. Bets were shown not to be balanced between each side of the betting...
Persistent link: https://www.econbiz.de/10010905505
Critics of economic impact studies that purport to show that mega-events such as the Olympics bring large benefits to the communities “lucky” enough to host them frequently cite the use of inappropriate multipliers as a primary reason why these impact studies overstate the true economic...
Persistent link: https://www.econbiz.de/10005009853
This study estimates Major League Baseball (MLB) player salaries for three distinct periods of time. The data from the first time period, 1961 through 1973, were collected in 1974, but analysis of that set has never been published. During that period the reserve clause was fully in effect. The...
Persistent link: https://www.econbiz.de/10005427024
This paper examines the relationship between the demand for English football on television and outcome uncertainty. It tests the uncertainty of outcome hypothesis by using minute-by-minute television viewership figures which avoids the problems encountered when estimating demand using match...
Persistent link: https://www.econbiz.de/10010615274
The 2008-09 NBA Most Valuable Player race is modeled as a tournament between LeBron James, Kobe Bryant, and Dwyane Wade. Estimations show that James and Bryant significantly increased their scoring in response to Wade scoring more points in his most recent game, and that James also increased his...
Persistent link: https://www.econbiz.de/10010615276
We examined the profitability of Division I athletic programs at colleges and universities in the United States under a variety of accounting definitions of profit. The data identified several broad themes. First, a majority of athletic departments relied heavily on direct and indirect...
Persistent link: https://www.econbiz.de/10010561297
the two sports of hockey and soccer. However, shot level analysis indicates that on average there is an advantage to …
Persistent link: https://www.econbiz.de/10010561863
The paper presents two building blocks for elaborating on a disequilibrium economics model that fits with empirical evidence of a European team sport (soccer) league where teams are win-maximizing and operate under a soft budget constraint. Going beyond the standard equilibrium model justifies...
Persistent link: https://www.econbiz.de/10010861691
Previous research has examined the financial and volunteer problems of non-profit sport clubs in an isolated manner and has neglected the influence that sponsorship and subsidy funding, which we term as external funding, may have on both problems. The purpose of this study is to examine the...
Persistent link: https://www.econbiz.de/10010861692
producer activity. Using data from the Taking Part Survey, evidence is found that the decision to engage in sports … participation and sports volunteering as well as the duration of the activities are complementary. In general, the findings confirm … the well-established impacts of human and economic capital on engagement in sports-related activities, as well as the …
Persistent link: https://www.econbiz.de/10010861693