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1.
The Calciopoli episode affecting Italian football in the 2005–6 season serves as an opportunity for an empirical investigation into consumer (fan) behavior, following league‐imposed punishments on clubs whose officials were found guilty of corrupt practices. Using a difference‐in‐differences estimation method, we find that home attendances for convicted teams fell by around 16%, relative to those clubs not subject to punishment. We show further that the fall in attendances resulted in non‐trivial gate revenue reductions. Our results suggest that a sizeable number of fans of the punished clubs were subsequently deterred from supporting their teams inside the stadium.  相似文献   

2.
  • Audience development is somewhat of a ‘buzz word’ within the Australian performing arts sector at present. However, rather than actually engaging with audiences and with non‐attenders to discover how to best serve the community, most of the performing arts organisations approach audience development from a product‐centred viewpoint.
  • In direct contrast to this, the Talking Theatre project (2004–2006) was implemented in regional Queensland and in the Northern Territory in Australia as an audience development initiative focused on the consumer. The project sought to assist performing arts centres (PACs) to better engage with their local communities and to build new audiences for the future. In particular, the research aimed to understand non‐attenders, their reasons for non‐attendance and their reactions to a range of live performances they experienced under study conditions.
  • The Talking Theatre project provided the vehicle for introduction, communication and relationship building to occur to assist in attitudinal and behavioural change. The non‐attenders enjoyed their experiences at the PACs and have begun attending performances outside of study conditions. Limited awareness of the performing arts' relevance to their lives combined with a lack of positive peer influence to attend, were the chief deterrents to attendance for the participants in the study.
Copyright © 2007 John Wiley & Sons, Ltd.  相似文献   

3.
This paper measures the optimal prices of football tickets and investigates the pricing strategy of the first-division teams in the Spanish league during the 2018/2019 season. The paper develops a dual hybrid model of supply and demand based on a hedonic price approach. Fans have multiple motivations to attend the stadium, such as the quality of the opposing teams, the pre-match qualifying position, the schedule, the day of the match, the stadium facilities, and the atmosphere. Their final decision will be conditioned by the price set by the clubs. The data show a difference of almost 300% in ticket prices among clubs. The estimation results from a hedonic price equation reveal that an optimal pricing strategy is followed by only five out of 20 clubs in the league. We also quantify the percentage of overvaluation or undervaluation of ticket prices.  相似文献   

4.
Panel data across 8 years for the Football Championship Subdivision are used to estimate regular season game‐day percent of capacity regression equations. Higher ticket prices reduce attendance (elasticity of ?1.9). Better team performance, in the short and intermediate terms, and traditional rivalries increase percent of capacity used. Poor weather and higher travel costs decrease it. Fan interest wanes as a season progresses, but this is offset as a team wins more games. Games played on Saturdays, played against conference opponents, or played by teams from the Football Bowl Subdivision increase stadium utilization. Results provide some evidence for the uncertainty of outcome hypothesis. Copyright © 2015 John Wiley & Sons, Ltd.  相似文献   

5.
This paper addresses the issue of the level of ethnic group attendance at the arts, with a special emphasis on African American attendance at classical music concerts. Current attendance data will be examined to determine if there is a difference in attendance rates when the traditional determiners for attendance — education and income — are similar. The paper proposes that the lower rates of attendance for ethnic groups may not be the result of differences in levels of education or income, but are the result of these groups having their own values and tastes that affect the benefits that they desire from attendance. To explore this proposed theory, the results of a survey of an arts event successful in attracting an ethnic audience will be analysed to see if it can provide insight as to whether ethnic audiences have unique attendance motivation. This is important to marketing as these benefits must be included in the artistic event and promoted to the potential ethnic audience. Copyright © 2002 Henry Stewart Publications  相似文献   

6.
Stigmatized markets are those where either the products/services, or the consumers, or both, have been collectively, negatively stereotyped and devalued by one or more stakeholder audiences in ways that discredit the overall market. Many stigmatized markets exist, and many flourish, yet little systematic attention has focused on entry into such markets. Our article addresses this gap by conceptualizing various strategies for entering stigmatized markets. We further present propositions regarding the market‐level factors that can influence which of these strategies firms will choose to employ. The contributions include: conceptually clarifying the nature of stigmatized markets; identifying additional types of entry strategies relevant for entering stigmatized markets; theorizing the conditions under which firms would choose one entry strategy over another; and opening up for consideration the effects that market entry may have on stigmatized actors in targeted markets.  相似文献   

7.
This paper investigates the impact of college rankings, and the visibility of those rankings, on students’ application decisions. Using natural experiments from U.S. News and World Report College Rankings, we present two main findings. First, we identify a causal impact of rankings on application decisions. When explicit rankings of colleges are published in U.S. News, a one‐rank improvement leads to a 1‐percentage‐point increase in the number of applications to that college. Second, we show that the response to the information represented in rankings depends on the way in which that information is presented. Rankings have no effect on application decisions when colleges are listed alphabetically, even when readers are provided data on college quality and the methodology used to calculate rankings. This finding provides evidence that the salience of information is a central determinant of a firm's demand function, even for purchases as large as college attendance.  相似文献   

8.
We specify a structural asymmetric vector error‐correction model to identify and estimate the demand and supply functions in hourly day‐ahead wholesale electricity markets. In doing so, we provide, inter alia, new insights into a well‐established but unresolved issue concerning the extent of the demand elasticity to price in these markets. We show that whilst demand appears to be inelastic in the short‐run, the quantity traded on the market is significantly influenced by the price level and responds to previous disequilibria in the supply curve through an asymmetric error‐correction mechanism, reacting to a positive disequilibrium but not to a negative one.  相似文献   

9.
This paper develops a predictive model of attendance at neutral site Division 1‐A college football games. From 2004–2012 seasons, 427 games were identified and split into training and holdout data sets. A Tobit model is developed using matchup‐specific, game‐specific, location‐specific, and university‐specific determinants. Results are generally consistent with the existing literature on attendance modeling, showing that these prior home team‐specific models are adaptable to neutral site locations. Results are useful as they reveal how the selection of game location and matchup of opponents – decisions made by athletic directors or bowl officials – ultimately affect game‐day attendance. Copyright © 2014 John Wiley & Sons, Ltd.  相似文献   

10.
Previous studies argue that bank loans are cheaper than trade credit, so less‐constrained firms largely depend on bank loans and use trade credit less, especially in financially developed economies. However, the Japanese evidence does not support this view. First, small businesses with higher credit demand increase trade credit more during the period of the recovery from a severe recession. Second, creditworthy firms also increase trade credit to finance their growth opportunities. Third, firms in unstable industries increase trade credit more. This suggests that suppliers are able to offer credit, unlike banks, as they have a relative advantage in day‐by‐day monitoring. Copyright © 2012 John Wiley & Sons, Ltd.  相似文献   

11.
The Effectiveness and Targeting of Television Advertising   总被引:1,自引:0,他引:1  
Television networks spend about 16% of their revenues on tune-ins, which are previews or advertisements for their own shows. In this paper, we examine two questions. First, what is the informational content in advertising? Second, is this level of expenditures consistent with profit maximization? To answer these questions, we use a new and unique micro-level panel dataset on the television viewing decisions of a large sample of individuals, matched with data on show tune-in advertisements. The difference in effectiveness of advertisements between “regular” shows (about which viewers are assumed to have substantial information a priori) and “specials” (about which they have very little) reveals the value of information in advertisements and the different roles that information can play. The number of exposures for each individual is likely to be correlated with their preferences, since networks target their audiences. We address this endogeneity problem by controlling for observed, and integrating the unobserved, characteristics of individuals, and find that the estimated effects of tune-ins are still large. Finally, we find that actual expenditures on tune-ins closely match the predicted optimal levels of spending.  相似文献   

12.
College football is one of the highest revenue generators for university athletic departments, and revenue from attendance is one of the major football revenue sources. This paper seeks to estimate the demand for Football Bowl Subdivision (Division I) college football using athletic department supplied financial information. I find that Football Bowl Subdivision athletic department's price spectator demand is consistent with two‐part tariffs.  相似文献   

13.
Most studies of executive compensation have data on pay but not total income. Because exchange‐listed Japanese firms (unlike exchange‐listed U.S. firms) need not disclose executive compensation figures in their securities filings, most studies on Japan lack even good data on pay. Through 2004, however, the Japanese tax office disclosed the tax liabilities of the 73,000 Japanese with the highest incomes. We obtained this data, and match the high‐tax list against the list of CEOs of the firms listed in Section 1 of the Tokyo Stock Exchange. We thus estimate salaries and risk exposure in a new way. We confirm survey and anecdotal evidence that Japanese executives earn less than American—about one‐fifth the pay, adjusting for firm size and outside income. Tobit regressions show that pay in Japan depends heavily on firm size (a .22 elasticity) and on accounting profitability, but not on stock returns. Additionally, family owned firms and those with large lead shareholders pay less to employee CEOs not in the family or with large shareholdings, as do firms whose directors have less tenure on the board.  相似文献   

14.
This article is a response to Taylor et al’s (2010) call for further research regarding workplace attendance. It examines the new politics of absence management in the UK and Cyprus in food retail sector, identifying a dual approach in managing attendance across the two countries. The first approach suggested the penalization of absence, whilst the second focused on the prevention of absence through accommodation. The article argues that ‘coercion’ is not the sole vehicle to tackle high absence in food retailing rather it suggests the development of other practices to enhance cooperation to regular attendance. The research identifies significant differences regarding the formality of these processes between the two countries, and suggests the generation of a particular attendance culture within the organisations, one that is not merely a culture of fear, as Taylor et al (2010) suggest, but rather a culture that includes accommodation and cooperation.  相似文献   

15.
We analyse two frequently used measures of the demand for health—hospital visits and out‐of‐pocket health care expenditure—which have been analysed separately in the existing literature. Given that these two measures of health demand are highly likely to be closely correlated, we propose a framework to jointly model hospital visits and out‐of‐pocket medical expenditure, which allows for the presence of nonlinear effects of covariates using splines to capture the effects of aging on health demand. The findings from our empirical analysis of the US Health and Retirement Survey indicate that the demand for health varies with age. © 2015 The Authors. Journal of Applied Econometrics published by John Wiley & Sons Ltd.  相似文献   

16.
Recent studies by economists have focused on cultural transmission from the origin country rather than the origin family. Our paper extends this research by investigating how family‐specific‘cultural transmission’ can affect fertility rates. Following Machado and Santos Silva [Journal of the American Statistical Association (2005) Vol. 100, p. 1226] and Miranda [Journal of Population Economics (2008) Vol. 21, p. 67], we estimate count data quantile regression models using the British Household Panel Survey. We find that a woman's origin‐family size is positively associated with completed fertility in her destination family. A woman's country of birth also matters for her fertility. For a sub‐sample of continuously partnered men and women, both partners’ origin‐family sizes significantly affect destination‐family fertility.  相似文献   

17.
This paper reports on the results of a qualitative exploration into the target audiences for social and environmental reporting (SER). In spite of the wealth of literature on SER motivations, relatively few studies have sought to ascertain who the key target or actual audiences are for SER. The results of this study, based on interviews with UK SER managers, suggest that investors and employees are overwhelmingly the most important audiences targeted by SER managers. The paper draws on auto‐communication theory to question the extent to which SER serves as a means of engaging in dialogue with stakeholders. It is argued that, beyond sending risk management signals to the financial markets, SER primarily serves as a vehicle whereby organizations can communicate with themselves. Moreover, broader stakeholders might be targeted with SER only insofar as doing so serves as a perceived endorsement of organizational communications, thereby embellishing the corporate ego's fantasy of how it would like to be perceived. Copyright © 2007 John Wiley & Sons, Ltd and ERP Environment.  相似文献   

18.
Partner diversity is a key influencer in interorganizational alliances, and several empirical studies have shown that its outcomes are contingent on alliance‐specific factors. We extend this research as well as the growing literature on green alliances, in which partner diversity is uniquely high. Specifically, we examine partner‐diversity effects on alliance termination in the early stage of green alliance formation. We hypothesize that in this context, size disparity increases termination likelihood, whereas organizational variety and cultural separation have the opposite effect. To test our hypotheses, we use a sample of 366 alliance projects located in Latin America and submitted to the Kyoto Protocol's Clean Development Mechanism for evaluation, validation, and registration from 2004 to 2014. Our findings contribute to several research streams and provide practical guidance for successful formation of alliances focused on environmental protection.  相似文献   

19.
In a recent article Newey and Windmeijer (Generalized method of moments with many weak moment conditions. Econometrica 2009; 77 (3): 687–719) propose a new variance estimator for generalized empirical likelihood. In Monte Carlo examples they show that t‐statistics based on the new variance estimator have nearly correct size. I have replicated their Monte Carlo simulations and in addition used the new variance estimator to re‐estimate Angrist and Krueger's (Does compulsory school attendance affect schooling and earnings? Quarterly Journal of Economics 1991; 106 (4): 979–1014) returns to education. Copyright © 2011 John Wiley & Sons, Ltd.  相似文献   

20.
This paper analyses a particular managerial problem that sports clubs face from time to time. The aim is to identify the effects that alternative stadiums and stadiums' features have in ticket prices and demand. Simultaneous equations models by three-stage least square estimator using instrumental variables is the method employed. The findings evidence that alternative stadiums negatively impact attendances, but clubs can offset this effect playing at high-quality alternative stadiums. Results also evidence that fans care about security levels. Some policies for football leagues are discussed as limits in the use of alternative stadiums, league fixtures and hard requirements concerning security.  相似文献   

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