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Kesenne, Stefan - - 2009
In this contribution, based on a simple theoretical approach, we try to show that the number of teams that is optimal to a monopoly league, being a cartel of clubs and acting in the interest of the participating or insider clubs only, is smaller than the welfare optimal number of ...
Paul, Rodney - - 2009
Betting market odds for Major League Baseball are used to examine the level of uncertainty of outcome, an ex-ante form of competitive balance. The efficient markets hypothesis cannot be rejected for the years 1990-2006 in Major League Baseball. Therefore, the odds provide an ex-ante measure of the uncertainty of outcome ...
Alexander, Donald - - 2009
This paper explores the impact of intercollegiate athletic performance on tuition rates. A number of recent studies have examined the advertising effect generated by participation in intercollegiate sports. These studies have attempted to ascertain whether athletic performance improves student quality, graduation rates, and state appropriations. Only one previous paper examines ...
Feddersen, Arne - - 2009
Using the case of the new stadiums for the FIFA World Cup 2006 in Germany, this paper is the first multivariate work that examines the potential income and employment effects of new stadiums outside of the USA. This study is also the first work on this topic that conducts tests ...
Kesenne, Stefan - - 2009
In this theoretical analysis, we try to find out what the impact is of pooling and sharing, and not just the sharing of broadcast rights, on the competitive balance in a sports league. We are using a simplified 2-club non-cooperative Nash equilibrium model with the hiring of talent as the ...
Jewell, R. - - 2009
This study estimates a demand curve for physically aggressive play in the English Premier Football League (EPL), the highest level of professional association football (soccer) in England. Employing a league-point-maximization framework in which a team chooses its level of aggressive play as an input, optimum aggressive play is assumed to ...
Miller, Phillip - - 2009
This paper examines the franchise values of American professional sports teams in the NBA, the NFL, and the NHL. It is argued that team franchise values depend on the ownership status of the facility in which the team plays. If a team owns its playing facility, it capitalizes the value ...
Krautmann, Anthony - - 2009
In this paper, we consider whether underpaying players restricted by the reserve clause is a common practice in the three largest sports leagues in North America-the NFL, NBA, and MLB. Our results are consistent with the hypothesis that owners of professional sports teams do exercise monopsony power whenever and wherever ...
Washington, Marvin - - 2009
Jane, Wen-Jhan - - 2009
This paper provides a comprehensive study of the causality between pay and performance for professional sports teams. By using the total salary payment, as well as the dispersion of salary payment of the baseball teams in Taiwan, we engage in a simultaneous regression of a Granger Causality Test for each ...
Shmanske, Stephen - - 2009
This paper compares two methods of examining the entry choice of professional golfers, focusing on the size of the purse, the strength of the competition, and a newly constructed variable, the match of the player's skills with the skills rewarded at each tournament, while controlling for some dynamic factors such ...
Humphreys, Brad - - 2009
We examine the dimensions of the sports market in the United States. We investigate sports participation, sports viewing, and the supply and demand sides of the sports market. Our estimates of the value of economic activity in the sports market range from $44 to $60 billion in 2005. The 49,169 ...
Berri, David - - 2009
The role of the manager in promoting production is a little-understood phenomenon. In particular, it is difficult to separate managers' contributions from the abilities of the workers they supervise. Firms may therefore mistakenly attribute the contributions of the workers to the managers who happen to oversee them. With its plethora ...
Matheson, Victor - - 2009
Critics of economic impact studies that purport to show that mega-events such as the Olympics bring large benefits to the communities "lucky" enough to host them frequently cite the use of inappropriate multipliers as a primary reason why these impact studies overstate the true economic gains to the hosts of ...
Koning, Ruud - - 2009
Sports betting and sports have always been strongly connected. Traditionally, these betting markets have been cleared by bookmakers, who accept bets on certain events. These bookmakers carry the risk of paying the amount wagered if the event occurs. Recently, a new type of betting market has appeared, so-called betting exchanges. ...
Koyama, Mark - - 2009
Home advantage in football varies over time. Existing theories of home advantage struggle to explain this time-series variation. We argue that the decline in home advantage in English football since the mid-1980s was partly caused by the advent of televised football. We argue that the increase in live television coverage ...
Leeds, Michael - - 2009
China spent far more on the 2008 Olympiad than any previous host country. A retrospective assessment of the benefits of the 2008 Games to the Chinese economy will not be possible for several years. We use an adaptation of event study methodology that has been employed by studies of previous ...
Simmons, Rob - - 2009
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