Johnson, Sidney; Fort, Rodney - In: International journal of empirical economics 1 (2022) 2, pp. 1-35
One of Rottenberg's (1956, The baseball players' labor market. Journal of Political Economy, 64, 242-258) foundational sports economics hypotheses is that fans prefer their team to win but with more match outcome uncertainty (MOU) rather than less. The testable implication is that increase in...