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This paper treats racial integration as an innovation in economic process in which economic entities find it advantageous to utilize potentially more productive inputs previously unavailable due to law, custom, or managerial discretion. Data on the racial integration of Major League Baseball and...
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This article is about addiction control. Using the economic theory of labor market tournaments, the authors derive the positive characteristics of an addiction control tournament and compare the effectiveness of a tournament versus self-constraining methods of addiction control. The authors also...
Persistent link: https://www.econbiz.de/10010687200
Using National Football League (NFL) data from 1987 to 2007, we examine the hiring of African American head coaches. Our results partly support an innovation explanation in that integration proceeded more rapidly in larger population centers. In contrast, we find only mixed and weak evidence...
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This article offers some comments on recent articles in this journal about the process of racial integration in certain sports venues. Nothing in these articles changes the basic result in an earlier article where the authors show that entre-preneurship by winning teams is the key to...
Persistent link: https://www.econbiz.de/10009004606
We develop a simple insurance model of the secondary market for tickets to account for some of the observed spatial patterns of prices. Beyond ticket markets the model draws attention to the existence of subtle insurance fees in market prices that may be incorrectly attributed to breakdown of...
Persistent link: https://www.econbiz.de/10008839113
<DIV>Intercollegiate sports is an enterprise that annually grosses over $1 billion in income. Some schools receive more than $20 million from athletic programs, perhaps as much as $10 million simply from the sale of football tickets. <BR><BR>Probing the history and business practices of the most powerful...</div>
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