Showing 1 - 10 of 16
If a sports time series, such as attendance, is nonstationary, then the use of level data (e.g., demand estimation using panel data) leads to biased estimates, and the direction of the bias is unknown. In past works, authors have failed to reject nonstationary data, taken first differences, and...
Persistent link: https://www.econbiz.de/10010778351
Outcome uncertainty, a fundamental principle associated with Rottenberg, has many meanings in the sports economics literature. In this article, the authors consider a type of within-season uncertainty termed "playoff uncertainty" (PLU). As with any type of within-season uncertainty, this concept...
Persistent link: https://www.econbiz.de/10009372091
The Korean Professional Baseball League (KPBL) experienced a rapid decline in attendance after the mid-1990s. The annual attendance in 2000 was less than half what it had been 5 years before. Most consider the severe economic crisis of 1998 and competitive imbalance to have been the main reasons...
Persistent link: https://www.econbiz.de/10010778346
This article contributes to the literature on happiness by focusing on the effects of physical activity or sport participation on happiness or life satisfaction in a special population. Using survey data collected by the Korean Sports Association for the Disabled, all respondents were legally...
Persistent link: https://www.econbiz.de/10009004612
This article examines the efficiency of individual golfers in the Ladies Professional Golf Association (LPGA) according to their nationality when grouped into Asian, U.S., and other golfers. In particular, the comparison of golf ability with the efficiency in scoring and earning as a function of...
Persistent link: https://www.econbiz.de/10010569274
Past work on principal-agent problems in sports does not effectively compare among players. The comparison must be made between players nearing contract negotiations and other players to detect ex ante strategic behavior (turning up performance just prior to contract negotiations) and ex post...
Persistent link: https://www.econbiz.de/10009367775
League-winning percentage Gini coefficients have seen recent use as measurements of within-season competitive balance in Major League Baseball. The authors demonstrate that the zero-sum nature of league play renders past estimates inappropriate. Adjusted for league play, Gini coefficients reveal...
Persistent link: https://www.econbiz.de/10009367706
Organized African American baseball (AAB), the longest lived rival to Major League Baseball (MLB) in history, thrived from the 1920s through the early 1940s. Although integration in 1947 focused attention on MLB and the American experience, the impact on AAB receives only passing, somewhat...
Persistent link: https://www.econbiz.de/10009367742
There is a growing literature investigating fan discrimination revealed in markets for sports memorabilia. Such estimates miss the mark for two reasons. First, simply measuring race as a binary variable may be less insightful than an alternative measure. Second, although it is the race...
Persistent link: https://www.econbiz.de/10009367761
This paper attempts to resolve some of the confusion in the sports economics literature regarding conjectures, open and closed leagues, and the invariance principle in sports league modeling. Very few papers model talent level and talent investment by teams separately, which can create confusion...
Persistent link: https://www.econbiz.de/10010553104