Determinants of franchise values in north american professional sports leagues: Evidence from a hedonic price model

International Journal of Sport Finance

Volumn 3, Issue 2, 2008, Pages 98-105

  Humphreys, Brad R ^a   Mondello, Michael ^b  

^a UNIVERSITY OF ALBERTA   (Canada)

^b FLORIDA STATE UNIVERSITY   (United States)

Author keywords

Franchise valuation; Hedonic price model

Indexed keywords

EID: 70349345788     PISSN: 15586235     EISSN: 1930076X     Source Type: Journal    
DOI: None     Document Type: Article

References (11)

1. Alexander, D. L., & Kern, W. (2004). The economic determinants of professional sports franchise values. Journal of Sports Economics, 5(1), 51-66.
2. Beggs, A., & Graddy, K. (2006). Failure to meet the reserve price: The impact on returns to art. University of Oxford Department of Economics Discussion Paper number 272.
3. Berndt, E. R. (1991). The practice of econometrics: Classic and contemporary. Reading, MA: Addison Wesley Publishing Company.
4. Burton, B. J., & Jacobsen, J. P. (2001). The rate of return on investment in wine. Economic Inquiry, 39(3), 337-350.
5. Case, K. E., & Shiller, R.J. (1989). The efficiency of the market for single family homes. American Economic Review, 79(1), 125-137.
6. Fort, R. (2006). The value of Major League Baseball ownership. International Journal of Sport Finance, 1(1), 9-20.
7. Goetzmann, W. N. (1993). Accounting for taste: Art and the financial markets over three centuries. American Economic Review, 83(5), 1370-1376.
8. Graeser, P. (1993). Rate of return to investment in American antique furniture. Southern Economic Journal, 59(2), 817-821.
9. Miller, P. A. (2007). Private financing and sports franchise values: The case of Major League Baseball. Journal of Sports Economics, 8(5), 449-467.
10. Rosen, S. (1974). Hedonic prices and implicit markets: Product differentiation in pure competition. Journal of Political Economy, 82(1), 34-55.
11. Vine, D. (2004). The value of sports franchises. Wharton Business School. Unpublished paper.