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This empirical study investigates whether and how much individuals are willing to pay for hosting Olympic Games in Germany. Moreover, it is examined for the first time what individuals are willing to accept to host Olympic Games in their own country if they do not like that. Furthermore, this...
Persistent link: https://www.econbiz.de/10013231883
This empirical study investigates whether and how much individuals are willing to pay for hosting Olympic Games in Germany. Moreover, it is examined for the first time what individuals are willing to accept to host Olympic Games in their own country if they do not like that. Furthermore, this...
Persistent link: https://www.econbiz.de/10013232661
Stadium attendance demand research is firmly anchored in the literature on the economics of sports. In fact, we sports economists, in particular, have tested both Rottenberg’s (1956) original stadium attendance demand specification and its extensions extensively over the last few decades....
Persistent link: https://www.econbiz.de/10013237334
We study the impact of realized equity premium and stock market volatility on aggregate gamblingexpenditures. We expect the wealth effect of higher realized returns will increase gambling (enter-tainment good), but also attract gamblers to equity markets, lowering aggregate wagers. Similarly,we...
Persistent link: https://www.econbiz.de/10013289577
As in many industry sectors, in professional sports, no-shows increasingly pose a significant challenge to the management. Previous research has established that spectator no-show behavior is widespread among season ticket holders, in particular, but the specific antecedents of such behavior...
Persistent link: https://www.econbiz.de/10013211815
This paper analyzes the responsiveness of Thai outbound tourism to East Asian destinations, namely China, Hong Kong, Japan, Taiwan and Korea, to changes in effective relative price of tourism, total real total tourism expenditure, and one-off events. The nonlinear and linear Almost Ideal Demand...
Persistent link: https://www.econbiz.de/10013144948
In this article, we contribute to the emerging literature on the potential determinants of football spectator no-show behavior by analyzing disaggregated data capturing season ticket holder (STH) behavior outside the German market for the first time. Intriguingly, our empirical analysis of a...
Persistent link: https://www.econbiz.de/10013246179
The uncertainty of outcome hypothesis predicts that more balanced sports matches should attract higher attendances, but the empirical evidence is mixed at best. First, this article shows that the inconsistent findings in the literature could be explained by wrongly specified regressions. Second,...
Persistent link: https://www.econbiz.de/10013078723
We perform an econometric analysis of the gambling market in Italy over the recession (2009-2012), observing the consumption patterns in "luck" and "skill" games. We find a different effect between the early and late period of the crisis. Whereas gambling initially behaves as normal good, in the...
Persistent link: https://www.econbiz.de/10013060960
In this note, we consider early evidence regarding behavioural responses to an emerging public health emergency. We explore patterns in stadium attendance demand by exploiting match-level data from the Belarusian Premier League (BPL), a football competition that kept playing unrestricted in...
Persistent link: https://www.econbiz.de/10012828329