Showing 121 - 130 of 4,175
This paper argues that the “superstar” phenomenon, as a natural outcome of features of knowledge-based products, has important relevance for - and has so far been overlooked by - endogenous growth theory. By modelling superstar phenomena as outcomes of winnertake-all contests in an...
Persistent link: https://www.econbiz.de/10004990919
Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...
Persistent link: https://www.econbiz.de/10005791375
Persistent link: https://www.econbiz.de/10013175809
Persistent link: https://www.econbiz.de/10012194068
Purpose – The purpose of this paper is to examine the effect of superstars (and other factors) on football fans … evidence that superstars both attract new fans and contribute to the retention of existing fans. While the presence of … superstars, team loyalty and team identification prevent football fans from being attracted to competition, the team's recent …
Persistent link: https://www.econbiz.de/10015007097
Persistent link: https://www.econbiz.de/10014501128
We analyze the evolution of the price of paintings in the XVII century Amsterdam art market to test a hypothesis of endogenous entry: higher profitability should attract more entry of painters, which in turn should lead to artistic innovations and more intense competition. We build a price index...
Persistent link: https://www.econbiz.de/10011335936
Aesthetic view is one of the ecosystem services of the Mediterranean Sea which can be estimated using price differences in the hotel market. Hotels situated on the Mediterranean Sea charge higher prices for a room with a sea view than for a room without it. The value of this view in 10 major...
Persistent link: https://www.econbiz.de/10011340679
According to social scientists such as Richard Florida and Ronald Inglehart, the structural changes that accompany post-industrialization not only change the industrial and occupational structures of post-industrial regions. They also affect the value structure so that creativity, quality of...
Persistent link: https://www.econbiz.de/10011340808
In this study we use hedonic models to measure the influence of noise nuisance on rents, costs and values of investment properties in Switzerland. Countrywide data is provided by institutional real estate investors. The effects are measured for aircraft noise, road traffic noise and railroad...
Persistent link: https://www.econbiz.de/10011420626