new stadiums;
talent supply;
baseball;
winning percentage;
SPORTS FACILITIES;
CONJECTURES;
D O I:
10.1177/1527002517723049
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
This article considers whether publicly financed new facility investments encourage professional sports team owners to increase their investments in costly talent. We develop a model of a sports league that incorporates publicly financed facility investments, the unique characteristics of the talent market, and revenue sharing to explore the complementarity between new facility amenities, the team budget decision, and team performance. Our empirical results suggest that publicly financed new stadiums do little to improve team performance, not due to restrictions in the talent market, but rather due to a lack of fan response.
机构:
Calif State Univ Long Beach, Management HRM Dept, Long Beach, CA 90840 USACalif State Univ Long Beach, Management HRM Dept, Long Beach, CA 90840 USA
Shin, Ho Wook
Cho, Sungho
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h-index: 0
机构:
Bowling Green State Univ, Sch Human Movement Sport & Leisure Studies, Bowling Green, OH USACalif State Univ Long Beach, Management HRM Dept, Long Beach, CA 90840 USA
Cho, Sungho
Lee, Jong Kwan
论文数: 0引用数: 0
h-index: 0
机构:
Bowling Green State Univ, Dept Comp Sci, Bowling Green, OH USACalif State Univ Long Beach, Management HRM Dept, Long Beach, CA 90840 USA
机构:
MIT, Pure Math, 77 Massachusetts Ave, Cambridge, MA 02139 USA
Mirabol Consulting, Arlington, MA USAUniv Massachusetts, Sch Med, Dept Emergency Med, 55 Lake Ave, Worcester, MA 02466 USA
Bradley, William F.
Hill, Michael
论文数: 0引用数: 0
h-index: 0
机构:
Univ Massachusetts, Sch Med, Dept Emergency Med, 55 Lake Ave, Worcester, MA 02466 USAUniv Massachusetts, Sch Med, Dept Emergency Med, 55 Lake Ave, Worcester, MA 02466 USA
Hill, Michael
Sacco, Weston
论文数: 0引用数: 0
h-index: 0
机构:
Univ Massachusetts, Sch Med, Dept Emergency Med, 55 Lake Ave, Worcester, MA 02466 USA
Emory Johns Creek Hosp, Emergency Med, Johns Creek, GA USAUniv Massachusetts, Sch Med, Dept Emergency Med, 55 Lake Ave, Worcester, MA 02466 USA
Sacco, Weston
Henes, Mina
论文数: 0引用数: 0
h-index: 0
机构:
Univ Massachusetts, Sch Med, Dept Biochem & Mol Pharmacol, Worcester, MA USA
Emory Univ, Sch Med, Atlanta, GA USAUniv Massachusetts, Sch Med, Dept Emergency Med, 55 Lake Ave, Worcester, MA 02466 USA