Full Versus Half-Full Stadiums
Jul 17, 2012•3 min
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Episode description
We use a simple microeconomic theoretical model to illustrate how it is possible to compare two professional sports teams, one of which sells-out every home game, and the other only half-fills their stadium -- yet the management of both teams are equally happy with the status quo.
Some material in these videos is based on textbook examples from: Sports Economics (3rd edn.) Selection from Fort, Leeds and von Allmen for Ross Booth (Monash University) and Liam Lenten (La Trobe University).
Copyright 2012 La Trobe University, all rights reserved. Contact for permissions.
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