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 …
economic development, Economic Impact, hockey, nhl, Phoenix Coyotes, public funding, sports and the economy, Stadium Subsidies
Ice Hockey Success in the Sun Belt
A couple of weeks ago I was contacted by John Miller about a story he was writing on the Phoenix Coyotes. As readers of The …
Increasing Rationality in the Referral System?
Further to Brad’s earlier post, the 2011 ICC Cricket World Cup in the subcontinent is nearing its zenith. Today’s semi-final between India and Pakistan will …
The Mis-measure of Inequality
Growing income inequality may be one of the most important economic issues of the next several decades. Despite a growing concentration of income and wealth, …
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 …
Demand for season tickets
The New York Jets and the New York Giants are raising ticket prices, they say to cover the $1.6 billion cost of the new stadium …
College Athletic Finances — The Untold Story
The two recent posts on college finances hit upon one of my pet subjects. With Mel Borland and Bob Pulsinelli here at WKU, I conducted …
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 …
Soccer Incentives
Recent travels kept me away from the SportsEconomist for the past couple of weeks. Fortunately, I was lucky of enough to have access to Fox …
Cheap Versus Affordable Luxury Items: What’s The Difference?
What Makes A Luxury Item? A lot of people have seen or even owned, a luxury item without ever knowing it was a luxury item. …