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The choice network revenue management (RM) model incorporates customer purchase behavior as customers purchasing products with certain probabilities that are a function of the offered assortment of products, and is the appropriate model for airline and hotel network revenue management, dynamic...
Persistent link: https://www.econbiz.de/10010851454
Third party money injections of benefactors (sugar daddies) function as a bailout mechanism for otherwise insolvent football clubs. The successful implementation of the new UEFA "financial fair play" regulations will abrogate this bailout mechanism. We develop a theoretical model of a...
Persistent link: https://www.econbiz.de/10010876542
We examine the relationship between college athletic scholarships and adolescent use of performance enhancing drugs. Annually, 4.5 million male high school athletes compete for about 132,000 athletic scholarships o_ered by NCAA Division I and II universities. Estimates from a probit model of...
Persistent link: https://www.econbiz.de/10010903086
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
This paper examines determinants of women's participation and performance in the Olympics. Female inclusion and success are not merely functions of size, wealth, and host advantage, but a more complex process involving the socioeconomic status of women and, more weakly, broad societal attitudes...
Persistent link: https://www.econbiz.de/10010939294
What tangible benefit do universities who participate in major televised sports achieve from their commitment? The essay reviews the evidence on the gains in public funding, attraction of philanthropy, increases in applicants and selectivity, and the influence on students. Ultimately, what is...
Persistent link: https://www.econbiz.de/10008692909
This paper evaluates the magnitude and the economic impact of NFL mega-events including the Pro Bowl and Super Bowl. The paper also reviews the theory behind the usual findings that the observed economic benefits of mega-events are almost always a fraction of the benefits claimed a priori.
Persistent link: https://www.econbiz.de/10010611184
Sports leagues constitute one of the few examples of legally operating cartels. In this paper I examine how gate revenue sharing may serve to coordinate talent investmentswithin these cartels. I show that sharing revenues has the potential to raise cartel profits, because it decreases the...
Persistent link: https://www.econbiz.de/10010611188
Gambling research often relies on self-report and cross-sectional data which is limited by inaccuracies in recall. Analysis of behavioural data is necessary to advance conceptual understandings of gambling. This paper analysed player account data of 11,394 customers of a large Australian...
Persistent link: https://www.econbiz.de/10010611894
Persistent link: https://www.econbiz.de/10005812945