Club Objectives and Ticket Pricing in Professional Team Sports
AbstractIn this paper we analyze and compare the behavior of sports clubs in a profit and a win maximization league if the decisions on the optimal ticket price and the talent demand have to be made simultaneously. From this 2-decision-variable model, a few interesting conclusions, regarding the impact of the player salary level or a stadium capacity constraint on the ticket price, can be drawn. Also, some important policy implications are considered such as imposing maximum ticket prices, imposing salary caps and granting a government subsidy.
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Bibliographic InfoArticle provided by Eastern Economic Association in its journal Eastern Economic Journal.
Volume (Year): 32 (2006)
Issue (Month): 3 (Summer)
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Other versions of this item:
- Késenne S., 2002. "Club objectives and ticket pricing in professional team sports," Working Papers 2002018, University of Antwerp, Faculty of Applied Economics.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Sloane, Peter J, 1971. "The Economics of Professional Football: The Football Club as a Utility Maximiser," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(2), pages 121-46, June.
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"Competitive balance and gate revenue sharing in team sports,"
Journal of Industrial Economics,
Wiley Blackwell, vol. 52(1), pages 165-177, 03.
- Késenne Stefan & Szymanski S., 2003. "Competitive balance and gate revenue sharing in team sports," Working Papers 2003003, University of Antwerp, Faculty of Applied Economics.
- J. C. H. Jones, 1969. "The Economics of the National Hockey League," Canadian Journal of Economics, Canadian Economics Association, vol. 2(1), pages 1-20, February.
- Madden, Paul, 2012. "Fan welfare maximization as a club objective in a professional sports league," European Economic Review, Elsevier, vol. 56(3), pages 560-578.
- Daniel A. Rascher & John Paul G. Solmes, 2007.
"Do Fans Want Close Contests? A Test of the Uncertainty of Outcome Hypothesis in the National Basketball Association,"
International Journal of Sport Finance,
Fitness Information Technology, vol. 2(3), pages 130-141, August.
- Daniel, Rascher & John Paul, Solmes, 2007. "Do Fans Want Close Contests? A Test of the Uncertainty of Outcome Hypothesis in the National Basketball Association," MPRA Paper 25829, University Library of Munich, Germany.
- Paul Madden, 2010. "The regulation of a large sports league," The School of Economics Discussion Paper Series 1007, Economics, The University of Manchester.
- Paul Madden, 2010. "Fan welfare maximization as a club objective in a professional sports league," The School of Economics Discussion Paper Series 1002, Economics, The University of Manchester.
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