We examine the impact of the COVID-19 pandemic on participants' expenditures in sports events. Specifically, we analyze survey data collected from participants of a major amateur cycling race, capturing information about both utilitarian and hedonic expenses. Our investigation covers three waves...

An increase in land values is often considered the touchstone of the positive impact of the development of new public transport infrastructure on well-being in cities. In this paper, we evaluate the impact of the construction of “Metro C” – Rome’s third metro line – on the housing...

Tipping is a multi-billion dollar phenomenon and a major source of income for millions of workers. The results of a study conducted in the US and Israel suggest that people tip mainly to show gratitude, conform to the social norm, and because they know that waiters' income depends on tips....

This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a theoretical model, we hypothesize that EPU increases the demand for hope which raises the willingness to pay for lottery tickets, resulting in higher lottery sales. We estimate a...

This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a theoretical model, we hypothesize that EPU increases the demand for hope which raises the willingness to pay for lottery tickets, resulting in higher lottery sales. We estimate a...

The National Basketball Association claims to sell entertainment. Part of that entertainment is close, competitive contests with uncertain outcomes. However, hometown fans want the home team to win. Hence, the optimal probability that the home team wins a game, from the perspective of maximizing...

Identifying and evaluating competitors is a critical aspect of operating a sport organisation. However, North American sports franchises have a limited understanding of competitors in their geographic market – particularly when calculating the degree of competition from other sport teams....

This paper investigates whether uncertainty of contest outcome and match quality matter to television viewers of New Zealand National Provincial Championship (NPC) rugby matches. To date, nearly all uncertainty of outcome studies have focused on live match attendance. Furthermore, these studies...