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Owners incentives during the 2004-05 National Hockey League lockout

Authors :
Winfree, Jason A.
Source :
Applied Economics. Nov 15, 2009, Vol. 41 Issue 25, p3275, 11 p.
Publication Year :
2009

Abstract

A model of cross-ownership cartels and data from professional sports are utilized to study the incentives of the firm owners, who could indirectly benefit from work stoppages if they own other firms in substitute industries. The National Hockey League (NHL) lockout which caused a statistically significant increase in attendance for the National Basketball Association and junior hockey leagues recommended a need for further analysis for cross-ownership across professional sports, given the public investment in sports facilities and market power in professional sports.

Details

Language :
English
ISSN :
00036846
Volume :
41
Issue :
25
Database :
Gale General OneFile
Journal :
Applied Economics
Publication Type :
Periodical
Accession number :
edsgcl.247239243