Showing posts with category "elasticity of demand"

Ticket Prices and Team Quality

The Kansas City Royals have raised ticket prices for next season by 15%. This announcement comes on the heels of another not-so stellar season. It also comes

February 16, 2022
tags
elasticity of demand

How Much v. How Well -- Michael Jordan as "6th Man"?

In 1968, Gates Brown hit .450 as a pinch hitter and .370 in total with an OPS of 1.12.  Yet, Brown did not register in the year end MVP voting.  His AL record

February 16, 2022
tags
major league baseball

Fans as Inputs, An Apparently On-Going Series

In an earlier post I mentioned that there aren't too many treatments in the formal sports economics literature that examine fans as inputs. One notable

February 16, 2022
tags
elasticity of demand

The Economics of the New Yankee Stadium

From the NY Post:

February 16, 2022
tags
ticket prices

Non-profits Often Behave Like For-Profits

This morning's St. Louis Post-Dispatch has an article on the Southlake (Tx) Carroll Dragons football program. Southlake, a suburb of Fort Worth, is a wealthy enclave whose residents have a high wil...

May 12, 2020
tags
demand for sports

Revealed Preference: Cricket and Organ Sale Edition

Courtesy of Tyler at Marginal Revolution, a news report about a cricket fan who has offered to exchange one of his kidneys for a ticket to the Cricket World Cup semifinal between India and Pakistan...

January 23, 2020
tags
cricket