Pricing Tennis Tickets: Risk and Insurance Elements
Most tennis matches are held outdoors. One risk is that it will rain when a match or set of matches is scheduled (and increasingly organizers …
Baseball’s Labor Market: From the Ground Up?
From the Baltimore Sun: Instead, envision the baseball impossible: Neither the New York Yankees nor the Boston Red Sox make the 2005 playoffs. Neither one …
Golf Politics: Banning the Belly
In 1980, the long drive guy was hitting it 285, and now if you hit it 285, you’re one of the shortest guys on the …
Monopsony, Legislators, and Subsidies
Competition is a good thing, right? So why not allow the various communities within your state to compete with one another to attract a big …
USC, Mayo, Third Party Punishments, and Price Ceilings
USC has self-imposed* major penalties for infractions involving former player O.J. Mayo. According to this article, an events promoter funneled cash and goods to Mayo …
Baltimore Grand Prix Update – 2012 edition
Over a year ago I posted about the agreement between the City of Baltimore and Baltimore Racing Development that brought Grand Prix racing to Baltimore. …
The Economics of the New Yankee Stadium
From the NY Post: Reader Gary Cicio, NYC podiatrist, did the research, and asks us to choose one of the two options to see a …
Tournament Structure (More Wasted Time!)
In the spirit of contributing to the economic drain from the NCAA Tournament that Skip noted, I wanted to consider its structure. This year has …
Soccer financials
A couple of years ago I had lunch with Roger Noll in London on one of his visits to the LSE and we talked about …
There are Mulligans at the Combine
Vince Young apparently didn’t do very well on the Wonderlic test at the NFL combine: Like his performance in the Rose Bowl, quarterback Vince Young …