Why Don’t Teams Lower Ticket Prices When the Team Isn’t Doing Well?
In an earlier posting, the discussion in the comments raised the econ-speak concepts of marginal revenue and marginal costs. Here is another intriguing application, using …
Quick Ride Down from Mount Olympus
In 1998, the baseball world heaped adulation on Mark McGwire and Sammy Sosa in their pursuit of Roger Maris’ single season home run record. Eight …
They’re Back
The NHL and the NHLPA have agreed to talk again today. I guess it ain’t over until the Zamboni sings.
Punish the Referee?
Another broken leg in the EPL, this time to Newcastle’s Hatem Ben Arfa, and the FA is — according to more than one press report— …
The Sports Economist: Saving or Destroying Civilization?
In a recent ESPN The Magazine article, Bill Simmons laments the loss of reporters as middlemen between players and the public. Today’s technology means athletes …
Where competition is free and undistorted
Last Friday Skip posted a blog referring to the extension of negotiations over the EU Commission white paper on sport, which most of the European …
Economic Impact of the 10th Annual Redneck Games
From Yahoo.com and the Associated Press [with thanks to cmt]: Bobbing for pig feet, the mudpit belly-flop, the armpit serenade — they’re all part of …
Economics of Coverups
The acts documented and alleged in the indictment against Jerry Sandusky are very disturbing to any reasonable person, especially to a parent. I don’t presume …
USA, the Crash Davis of the World
Just a quick comment to note that when President Obama says the the U.S. has always been and always will be a Triple-A country, that …
NFL Power Rankings — TSE Style
Looking over SI.com’s and ESPN NFL “Power Rankings,” I wondered what drives them. They are part beauty contest trying to attract readers but contain some …