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We examine the relationship between attendance, uncertainty of outcome, and team quality in the National Hockey League. Based on results from a reduced form model of attendance at 6054 regular season NHL games from 2005/06 to 2009/10, we find evidence that attendance increases when fans expect...
Persistent link: https://www.econbiz.de/10009131071
The relationship between gambling and health has important economic and public policy implications. We develop causal evidence about the relationship between recreational gambling and health using data from the Canadian Community Health Survey (CCHS) cycles 2.1, 3.1 and 4.1. Recreational...
Persistent link: https://www.econbiz.de/10009367158
Many countries promote participation in sport and physical activity among its citizens. We undertake an international comparative analysis of participation using data from 34 countries in the 2007 International Social Survey Programme (ISSP) Leisure Time and Sports module, augmented with...
Persistent link: https://www.econbiz.de/10009395587
Government sponsored lotteries operate around the world. Their popularity has grown substantially over time. Legal lottery gambling generates significant public revenue, much of it from the lower part of the income distribution. Lottery is almost always an unfair bet, so explaining the purchase...
Persistent link: https://www.econbiz.de/10009350183
Dana (2001) developed a model of price dispersion under demand uncertainty. The model predicts that, in the face of uncertain demand and inflexible prices, monopolists maximizes pro fits using ex ante price discrimination. We test the predictions of this model using a unique data set from Major...
Persistent link: https://www.econbiz.de/10008763193
sporting events involving individuals (golf, tennis, running, auto racing) feature rank order tournaments with relatively large …
Persistent link: https://www.econbiz.de/10009291918
Consumer interest in horse racing has declined significantly in North America. In an attempt to reverse this decline, additional gambling opportunities, including simulcast betting, have been added at race tracks. This paper investigates the impact of simulcast betting on live racing handle at...
Persistent link: https://www.econbiz.de/10010801239
Survey data on participation in gambling typically contain many zeros. The presence of many zeros presents methodological problems for the analysis of participation in gambling markets and gambling expenditure. The most common techniques for handling zeros in gambling data have been the Tobit...
Persistent link: https://www.econbiz.de/10010850168
The “hot hand” hypothesis was first investigated in sports betting markets by Camerer (1989) and Brown and Sauer (1993), who examined if professional basketball teams truly could become “hot”, implying a change in their actual skill level, and if the betting market believes teams become...
Persistent link: https://www.econbiz.de/10010850169
We examine the relationship between attendance, uncertainty of outcome, and team quality in the National Hockey League. Based on results from a reduced form model of attendance at 6054 regular season NHL games from 2005/06 to 2009/10, we find evidence that attendance increases when fans expect...
Persistent link: https://www.econbiz.de/10010611186