David G. Surdam

Author, Speaker, Professor of Economics

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What Brings Fans to the Ball Park? Evidence from New York Yankees’ and Philadelphia Phillies’ Financial Records

Author: David G. Surdam
Publication: Journal of Economics
Publication Date: 2009

The New York Yankees’ and Philadelphia Phillies’ financial records provide gate receipts for several seasons. From this data, I estimate non-price determinants of demand for individual games. The day of the week, quality of the opposition, and special events were the key determinants of demand. Fans in the 1930s preferred absolute to relative quality in the visiting team. Although this approach does not allow for estimation of the price elasticity of demand, the approach enables us to consider the stability of demand factors.

BOOKS

2001-Nothern-Naval-Supeiority-and-the-Economics-of-the-Civil-War - copy
2008-The-Post-War-Yankees
2010-The-Ball-Game-Biz
2011-Wins,-Looses,-&-Empty-Seats
2012-The-Rise-of-the-National-Basketball-Association
2013-Run-to-Glory-and-Profits
2015-The-Big-Leagues-Go-to-Washington
2015-Century-of-the-Leisured-Masses
The Age of Ruth and Landis: The Economics of Baseball during the Roaring Twenties
Business Ethics from the 19th Century to Today: An Economist's View
Business Ethics from Antiquity to the 19th Century: An Economist's View
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