Subsidized monopolists and product prices: the case of Major League Baseball
نویسندگان
چکیده
منابع مشابه
Subsidized Monopolists and Product Prices: The Case of Major League Baseball
In this paper, I analyze the setting of ticket prices when teams receive subsidization from the public. I model teams as entertainment providers, where entertainment is generated by selling wins and amenities. I argue that subsidization of teams generally comes from subsidizing the amenities in and surrounding the teams’ stadiums. Subsidization of the amenities lowers the marginal cost of provi...
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ژورنال
عنوان ژورنال: Applied Economics
سال: 2009
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036840802360203