Asymmetric Information and the Hockey Lockout
The lament of the hockey fan (and fans of other sports) whose favorite league and its union finally reached an agreement that many thought would …
Phil Miller
Now That We’ve Committed to Staying…
let’s look for new revenue sources. The Red Sox owners**** have decided to stay in Fenway for the long haul (link via Greg at Sports …
An Application of the Backwards Bending Supply Curve
The law of supply says that when the price of a good rises, all else equal, the quantity supplied of that good also rises. Applied …
The Short Supply of Tall People is Getting Longer
From a past entry from Dave Berri’s Wages of Wins Journal: The statement about competitive balance reflects an argument offered in The Wages of Wins. …
If You Build It, They Will Come
Maybe. If they are subsidized. The Minnesota Ballpark Authority is expected to announce today a $1 million fund to enhance the area around the Twins …
Baseball Stadium Quirks
From Frank Deford at Sports Illustrated: Myself, speaking for students of baseball, I’m sorry, but in constructing some things, the trick is not to run …
Standard Deviation of Binary Dummies
When I read manuscripts submitted to or published in economic journals, it is not uncommon for authors to report the standard deviation of binary dummy …
Premium Ticket Pricing
For years, collegiate athletic departments have employed a differential ticket pricing strategy for home football games against premium opponents. The University of Oregon is charging …
Bye Bye Big 12?
For months now, rumor and speculation – including speculation from yours truly – have been swirling around the expansion plans of the Big 10. Primarily …
Arduous Arbitration
It’s getting to be arbitration time in baseball. Each year a set of players and teams negotiate under the threat that a third party (a …