Environmental Economics
The cromulent economics blog
recent posts
Category: Sports
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Remember that time you broke up with your boyfriend to date another guy (funnier and better looking!), found out the other guy wasn't that great, and then got back with your old boyfriend? The second relationship with your original boyfriend wasn't so great, was it?* The St. Louis Rams' decision to relocate to Los Angeles brought a double dose of…
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Professors David Just and Brian Wansink of Cornell's Charles H. Dyson School of Applied Economics and Management, re-examined national data from 2007 to 2008 describing people's food habits based on their body mass index (BMI). They discovered, that for all but the most overweight and underweight individuals, the consumption of soda, candy and fast food…
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I have no idea if the title has anything to do with what follows, but I was trying to tie together the death of one America's wittiest baseball players (Yogi Berra) with the visit of the non-economist environmental Pope to the U.S. Why would I want to tie these two things together? No clue.…
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Rotten Appal: BOONE, NC — In a move that is being lauded for its ingenuity, Appalachian State has announced plans to convert the entire Appalachian Mountain range into the world’s least-attended football stadium. “The decision was made by the board of trustees with Appalachian State’s best interests at heart,” athletic director Doug Gillin explained, “The…
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John Clay: In his basketball notebook a couple of weeks back, Jerry Tipton wrote about the issue of schools selling jerseys with numbers that often correlate to the most recognizable players on the team. The players themselves receive no money from the sales. The story included UK AD Mitch Barnhart saying, “I think there are…
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I remember going to the Flames games growing up in Tucker, GA in the early 1970s (and playing street hockey!): The Calgary Flames’ plan for a new $890 million arena/stadium complex would require the public to pay $690 million of it, and that doesn’t include the potential $300 million cleanup of a creosote contamination. Don’t…
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The sports stadium contingent valuation literature is getting saturated. It has become well known that, in most applications, the benefits, including hard to measure "intangibles" like civic pride, do not exceed the costs. However, that is when the payment vehicle is a tax: Emphasizing that a new venue to replace the 19-year-old Edward Jones Dome…
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You would have thought at least one of those guys would have posted this by now (Deadspin): If you frequent this website, you know the public financing of stadium construction is our bête noire—a massive, ongoing, inexplicable scandal that’s more likely than not to be taking money out of your and your community’s pockets as…
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Source: 2015 Ohio Higher Education Report
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Joseph Stromberg: Brazil spent about $3 billion building 12 new or heavily refurbished stadiums for last year's World Cup. Officials promised these taxpayer-funded venues would continue to generate revenue for years, hosting concerts, pro soccer games, and other events. But as Lourdes Garcia-Navarro at NPR reports, most stadiums are failing to generate much revenue at all. The…
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