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Subsidies to the performing arts are usually justified by reference to externality and public goods arguments that are hard to quantify. We suggest that subsidies to theatres may be appropriate because of their inability to engage in spatial price discrimination to capture consumer surplus. For...
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This paper examines sales patterns in the first three years of the UK National Lottery in order to estimate price elasticity of demand. Our long-run estimate is very close to the value of minus one required for revenue maximization. We find that the UK Government has succeeded in setting a...
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1. Introduction (Markus Breuer, David Forrest) -- 2. Different Types of Manipulation in Sport (Wladimir Andreff) -- 3. The impact of manipulation on the global demand for sport (Marcus Harms, Sebastian Kaiser-Jovy) -- 4. Trends in Professional Sport Organisations & Sport Management and their...
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Under-representation of women persists in many industries and represents an important area of concern for society. We use a revealed preference approach to test for bias against females in an underexplored environment. Whilst much use has been made of the financial industry to examine how market...
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