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Using hedonic pricing models, this paper analyzes the impact of places of worship on the prices of adjacent condominiums in Hamburg, Germany. This is the first study on this subject to have been conducted outside the United States. It is also the first work to examine the externalities of places...
Persistent link: https://www.econbiz.de/10010189536
Large sports stadia construction follows two different general concepts: (1) Mono-functional arenas which are specially suited for one sport exclusively and which are characterised by the absence of an athletic track. (2) Multifunctional sports stadia which can be used for different sporting or...
Persistent link: https://www.econbiz.de/10003660125
We investigate the relationship between consumer discrimination, racial matching strategies, and employer discrimination in Major League Baseball (MLB) from 1985 to 2016. To this end, we assess the extent to which both fan attendance and team performance respond to changes in teams' and their...
Persistent link: https://www.econbiz.de/10012695762
We provide evidence for heterogeneous consumer preferences for product quality and game outcome uncertainty (GOU) in Major League Baseball. Using attendance data from 2013 to 2019, we explore functional data clustering techniques to detect common patterns in predictive margins of team-specific...
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This study investigates the impact of differences in consumers’ racial preferences on worker productivity through the example of the home advantage (HA) effect using data on wins in men’s professional tennis from 2001 to 2020 (pre-COVID-19). We identify players’ racial...
Persistent link: https://www.econbiz.de/10014502322
The population of Germany will be one of the first in the western hemisphere to undergo considerable permanent shrinkage. In view of the relatively low elasticities of supply and demand significant negative price reactions might be expected. This work supplements existing studies by estimating...
Persistent link: https://www.econbiz.de/10012955537