Though researchers have demonstrated conclusively that sports stadiums are not economic development catalysts, stadium projects that include pre-planned ancillary developments have been proposed as a salutary strategy to overcome the widely observed dismal economic performance of standalone...

This article is intended to inform public policy regarding stadium subsidies, which state and local governments routinely provide to support professional sports teams. We review theoretical and empirical evidence regarding economic justifications for public funding, focusing on recent research...

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The "Law of 1/n" postulates a positive relationship between the number of democratically elected representative districts and government spending. Strong support for this relationship exists in legislatures in the United States (at both the state and national level) and across countries. Few...

Past studies estimating the marginal revenue products of baseball players have assumed individual players' hitting performances to be independent of teammate spillovers. However, the baseball community's widely held belief in “protectionâ€â€”that a good (bad) player can improve...

Defense in baseball is a product of team production in which pitchers and fielders jointly prevent runs. This means that raw run-prevention statistics that economists often use to gauge the value of pitchers, such as earned run average, may not properly assign credit for their performances....

The research of sports economists often addresses issues of interest to nonacademics. The shared interests often lead to interactions that have benefits and costs. The benefits center on nonacademic research—found in the ‘‘sabermetric’’ and...

Early and modern scholars both presume that bicameral chambers limit the exploitation of minorities by the ruling majority similar to supermajority voting rules. We explain theoretically why bicameralism is a unique and desirable institution for protecting minority interests. The empirical...

Krautmann contends that Scully’s method for estimating the marginal revenue products of baseball players using team revenues is flawed. Krautmann suggests an alternate method that uses free-agent salaries to impute players' revenue contributions. The Scully method has its weaknesses;...