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A suggested remedy for competitive imbalance in professional sports leagues is for home teams to share gate and broadcasting revenues. In some models, researchers assume that as a team becomes stronger, its ability to draw on the road falls (because the rival team is, ceteris paribus, weaker)....
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The New York Yankees’ and Philadelphia Phillies’ financial records provide gate receipts for several seasons. From this data, I estimate non-price determinants of demand for individual games. The day of the week, quality of the opposition, and special events were the key determinants of...
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Do professional sports leagues design revenue-sharing rules primarily to help financially weaker teams, or do such organizations view revenue-sharing rules as ways to reward teams for being competitive? Baseball's National League and the National Football League provide evidence from the 1950s...
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The Coase theorem suggests that under certain conditions, the distribution of player talent should be similar before and after free agency. Previous attempts to test the theory's applicability to major league baseball were either examinations of win-loss distributions or comparisons of player...
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Students in sports economics courses might better learn the basic concepts by running their own franchise. A simple game, based on the card game War, is easy and inexpensive to implement. Students quickly grasp the importance of weighing marginal benefits, both in terms of team record and...
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