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Journal Article
A winning combination? economic theory meets sports
Satisfying a need to get out in the field, some economists are studying sports. Their topics have included racism in the NBA, coaches' maximization of their chances of winning, and the direction that soccer players and goalies should move during penalty kicks.
Journal Article
What are the benefits of hosting a major league sports franchise?
Over the last few decades the number of U.S. metropolitan areas large enough to host a franchise from one of the four major professional sports leagues has soared. Even as major league baseball, football, basketball and hockey have expanded to include more franchises, demand by metro areas continues to exceed supply. Metro areas have thus been forced to compete with each other to retain and attract franchises. ; The resulting large public spending on new sports facilities has been quite controversial. Usually these costly projects are justified by claims that hosting a sports franchise spurs ...
Journal Article
Should cities pay for sports facilities?
Taxpayers can get more bang for their buck on other projects, but saying "no" to the home team is hard to do.
Journal Article
Can pro sports survive prosperity?
Newsletter
Baseball and the $700 Million Bet on the Time Value of Money
This article steps up to the plate and explains the concept of time value of money using one of the largest contracts ever given to a professional athlete.
Journal Article
Conference flush with lessons on sports, entertainment, gambling
Journal Article
The Panthers: Charlotte's gold mine or fool's gold?
The NFL's expansion brings football to the Carolinas. Speculation on what kind of impact it will have on the local economy ranges from rosy to overrated.
Journal Article
Does the bouncing ball lead to economic growth?