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Simulations have long been used in business schools to give students experience making real-world decisions in a relatively low-risk environment. The Oakland A'S Baseball Business Business Simulator takes a traditional business simulation and applies it to the sport industry where sales of...
Persistent link: https://www.econbiz.de/10013069165
Simulations have long been used in business schools to give students experience making real-world decisions in a relatively low risk environment. The OAKLAND A’S BASEBALL BUSINESS SIMULATOR takes a traditional business simulation and applies it to the sport industry, in which sales of tangible...
Persistent link: https://www.econbiz.de/10014144528
Economists have long known the sports industry is unique. However, the rest of the Sport Management community may not … fully appreciate the breadth of topics economists have identified as being “peculiar” to sports, nor “origin story” of the … economic debate over how the uniqueness of sports should be assessed for policy decisions. Nonetheless, it is recognized that …
Persistent link: https://www.econbiz.de/10012866481
For reasons described, the use of Price-to-Revenue ratios is the generally accepted approach to valuing sports …
Persistent link: https://www.econbiz.de/10012866485
In recent years, there are some sports franchises that have reportedly begun to produce extraordinary net income (e … approach to financial valuation of highly profitable sports franchises that values both the sportsmen owner effect portion of …
Persistent link: https://www.econbiz.de/10012866486
businesses are more readily valued using certain approaches, whereas others may be valued using all three approaches. Sports …
Persistent link: https://www.econbiz.de/10012962193
What if a zero-income NBA franchise only had sportsmen ownership value (utility value) because it consistently produced zero profit? If so, then a Hybrid Income and Market Approach method that adjusts for the weaknesses in the comparables would take the $320 million as the zero-profit value of...
Persistent link: https://www.econbiz.de/10012962194
This research develops a model of optimal locations for Major League Soccer teams and investigates the important underlying factors.
Persistent link: https://www.econbiz.de/10015223587
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
During the past decade there has been a proliferation of sports stadia being built in America’s municipal districts … as political motives, tax reform, and increased public awareness of tax equity have forced sports teams to share … decreased, franchises have continued to strive for maximized profits. Concurrently, the cost of attending events in sports …
Persistent link: https://www.econbiz.de/10005398683