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Persistent link: https://www.econbiz.de/10010002229
To attract golf patrons, sport managers must understand consumption patterns of the golfer. Importantly, the treatment of travel costs must be understood. According to the Alchian-Allen (1964) theorem, golfers treat travel costs as bundled costs (third law of economic demand) whereas classical...
Persistent link: https://www.econbiz.de/10005577346
One of the absolutes in professional sports, and a reason for its success, is the uncertainty of the outcome of individual games, seasons, and championships. This uncertainty impacts a team’s attendance and financial operation. While leagues cultivate uncertainty through various rules...
Persistent link: https://www.econbiz.de/10011139192
Previous research on spectator attendance has shown that there is a "honeymoon effect" for new facilities in Major League Baseball. Little research, however, has been conducted examining the relationship between facility age and attendance throughout the life span of Major League Baseball...
Persistent link: https://www.econbiz.de/10009217271
The opening of the Palace of Auburn Hills, the SkyDome, and Oriole Park at Camden Yards led to the beginning of a construction boom in professional sport. In the National Football League (NFL) alone, 26 stadiums have been built or renovated in the past 10 years. Due to the additional revenue...
Persistent link: https://www.econbiz.de/10008685552
During the past decade there has been a proliferation of sports stadia being built in America’s municipal districts. While it used to be common for the public to fully fund stadium construction projects, over the past 20 years factors such as political motives, tax reform, and increased public...
Persistent link: https://www.econbiz.de/10005398683
The purpose of this study was to examine the effects of roster turnover on demand in the National Basketball Association (NBA) over a five-year period (2000–2005) and compare these results to previous research on turnover in Major League Baseball (MLB). A censored regression equation was...
Persistent link: https://www.econbiz.de/10005427009
The growth of the secondary ticket market has given sport managers a new way to understand consumer demand for tickets. In the secondary market, transaction prices and the number of transactions are highly variable and respond directly to consumer preferences, making it ripe for exploration....
Persistent link: https://www.econbiz.de/10010580860
Persistent link: https://www.econbiz.de/10007820689
The purpose of this paper is threefold. First, it complements the many wage discrimination studies by examining exit discrimination in the NBA using a decade's worth of data (the 1980's). White players have a 36% lower risk of being cut than black players, ceteris paribus, translating into an...
Persistent link: https://www.econbiz.de/10008685562