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The Formula One Championship (F1) is one of the biggest sports businesses in the world. But, however, it seems to astonish that only very few scholarly articles analyze the F1 business. The aim of this study is to contribute to closing two gaps in the existing literature: it contributes (1) to...
Persistent link: https://www.econbiz.de/10011994212
Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of non-ordinary industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment...
Persistent link: https://www.econbiz.de/10010265883
We provide a new framework to identify demand elasticities in markets where managers rely on algorithmic recommendations for price setting, and apply it to a dataset containing bookings for a sample of mid-sized hotels in Europe. Using non-binding algorithmic price recommendations and observed...
Persistent link: https://www.econbiz.de/10012599214
Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of non-ordinary industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment...
Persistent link: https://www.econbiz.de/10003865724
Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching...
Persistent link: https://www.econbiz.de/10003821599
The paper presents an economic model of interaction between cricket boards, players and international club-line games sponsors like ICL or IPL. It attempts to capture the inherent conflict between such games and country-line games traditionally organized by cricket boards. It identifies the...
Persistent link: https://www.econbiz.de/10013132133
The paper presents an economic model of interaction between cricket boards, players and international club-line games sponsors like ICL or IPL. It attempts to capture the inherent conflict between such games and country-line games traditionally organized by cricket boards. It identifies the...
Persistent link: https://www.econbiz.de/10013132219
In the recent years, many clubs in the biggest European soccer leagues have run into debts. The sports economic literature provides several explanation for this development, e.g., the league structure (open versus closed league), club constitutions, ruinous rat races between clubs. While the...
Persistent link: https://www.econbiz.de/10013118880
This symposium article discusses how young American athletes could best challenge the bureaucracy that delays their ability to earn a livelihood. Part I of this symposium article discusses how young American athletes could effectively challenge the NCAA ‘no pay' rules under federal antitrust...
Persistent link: https://www.econbiz.de/10013075495
As gambling becomes increasingly accessible both in the U.S. and worldwide, governments face an important policy question: how should they exploit the industry's growth to raise tax revenues while protecting individuals from the detrimental effects of gambling? Using data on slot machines from...
Persistent link: https://www.econbiz.de/10013015006