Within the last decades an increasing number of people practice risky sports in their leisure time. Although there exists a vast number of economic literature on risk-taking behavior, an estimation of the individual willingness to pay (WTP) for the option to exercise risk-taking is missing....

In the present paper we examine the German cinema market using time series data of 49 years. Applying estimation techniques such as OLS, 2SLS and SUR, we identify interrelations between the number of screens, the average real prices and the demand for movies per inhabitant. Furthermore, we test...

Thematisierung zählt zu den generativen Formschemata der Erlebnisgesellschaft und liegt weltweit im Trend. Trotz der zu beobachtenden globalen Homogenisierung bei Erlebnis- und Konsumwelten spielen lokale Freizeitkulturen weiterhin eine wichtige Rolle. Das Beispiel Japans zeigt anschaulich, wie...

Practitioners of outdoor sports, such as rock-climbers, are likely to exhibit preference heterogeneity that depends on the 'keenness' with which such sports are practiced. Such an intuition is born out in at least one study using latent class discrete choice modelling (Provencher et al. 2002)....

We hypothesize that an individual's time use choices are contingent on the time use choices of others because the utility derived from leisure time often benefits from the presence of companionable others inside and outside the household. We develop a model of time use, and demonstrate that its...

Based on a unique composite dataset measuring heterogeneous sports participation, labour market outcomes and local facilities provision, this paper examines for the first time the association between different types of sports participation on employment and earnings in England. Clear...

Very little attention has been paid to the impact of sports participation on the labour market in the European academic literature while it has received significant recognition in the United States. We consider sports practice as a way to improve or signal non-cognitive skills endowment. And it...

This paper examines the efficiency enhancing potential of supplementing existing policies of controlling consumption pollution with environmental advertisement. Our definition of environmental advertisement includes both information dissemination and persuasion. While incentive-based regulations...