The sporting success of athletes and national teams is associated with a feel-good-factor
among the population. These positive social effects can be regarded as public goods that …

The provision of events and festivals by local government has become an expected, if non‐
mandatory, service. In many regions these events are organised in order to provide mainly …

The case in favor of subsidizing large sports facilities is much harder to make than the one
against. The peer-reviewed literature typically finds little or no evidence that the construction …

Over the last few decades the number of US metropolitan areas large enough to host a
franchise from one of the four major professional sports leagues has soared. Even as the …

" Public funding for an arena is essential. If funding isnt found I might have to sell the team to
somebody who might move it."-Mario Lemieux [Pittsburgh Post-Gazette, 2001] In 1950, most …

We estimate Canadians' willingness to pay (WTP) for medals won by Team Canada in the
2010 Winter Olympic Games using data from contingent valuation method (CVM) surveys of …

North American cities have long encouraged redevelopment of their downtown cores to
counteract the flight of residents and business to the suburbs in the postwar period. Building …

Recent years have seen an explosion of research into the valuation of non-market goods.
Early models, such as the travel cost model (eg, Clawson, 1959; Hotelling, 1949; Randall …

Professional sports teams and facilities can generate negative or positive amenities to be
capitalized into nearby property prices. We investigate the effect of the departure of two …

This paper conducts a contingent valuation survey of professional sports teams in Michigan
and Minnesota. Two findings indicate that the consumption value of teams is quite important …