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Mixed-strategy Nash equilibrium (MSNE) is a commonly-used solution concept in game-theoretic models in various fields in economics, management, and other disciplines, but the experimental results whether the MSNE predicts well actual play in games is mixed. Consequently, evidence for...
Persistent link: https://www.econbiz.de/10008615621
Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting many international sports and this has given a boost to this sector. Many foreign and domestic corporate retailers have entered sports retail. Sports goods manufacturing is a focus...
Persistent link: https://www.econbiz.de/10009363375
Persistent link: https://www.econbiz.de/10009367698
The effects of interleague play on baseball attendance are estimated via a model of daily attendance from the 1999 season. The results suggest that interleague play results in about a 7% increase in attendance over a comparable intraleague game, yielding an increase in revenue from ticket sales...
Persistent link: https://www.econbiz.de/10009367702
Despite their proliferation, sporting production function studies remain almost entirely U.S.-based, concentrating largely (although not exclusively) on baseball. Mainly due to a dearth of match-play statistics, there have been few studies of other, more interactive sports. This study attempts...
Persistent link: https://www.econbiz.de/10009367709
The link between team payroll and competitive balance plays a central role in the theory of team sports but is seldom investigated empirically. This paper uses data on team payrolls in Major League Baseball between 1980 and 2000 to examine the link and implements Granger causality tests to...
Persistent link: https://www.econbiz.de/10009367710
An empirical examination of the determinants of real per capita income in cities with professional sports teams from 1969 to 1997 shows that postseason appearances are not associated with any change in the level of real per capita income in these cities. However, in the city that is home to the...
Persistent link: https://www.econbiz.de/10009367711
This article tests the relationship between earnings and schooling for male footballers of the Portuguese Football League, using data from a questionnaire carried out in the Lisbon area between January and April 2000. The author verifies that the sports market barely compensates the cost of...
Persistent link: https://www.econbiz.de/10009367715
Depending on their degree of risk aversion, team managers might prefer those players who score a regular amount of points in each game of the season to those other players who, although on average do equally well or even better, are more inconsistent. However, sports statistics do not reflect...
Persistent link: https://www.econbiz.de/10009367721
This article investigates wage determination among professional soccer players appearing in the Italian league. Given the popularity of "top" soccer players, the relationship between individual productivity and pay can lead to "superstar" effects. In that context, the marginal revenue product of...
Persistent link: https://www.econbiz.de/10009367726