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From: [email protected] (Paul Andresen)
Subject: Re: MLB = NBA?
Nntp-Posting-Host: koufax.cv.hp.com
Organization: Hewlett-Packard Company, Corvallis, Oregon USA
Lines: 20

In article , [email protected] (King Banaian) writes:
|> 
|> There is absolutely, positively, quite verifiably, NO causation that runs 
|> from salaries to ticket prices.  The two are separable decisions.  The 
|> owners do not raise ticket prices to recoup costs;  they raise ticket prices 
|> because demand for seats has risen.  (Wish I had bold type for that "NO".)
|> 
|> For more evidence, please come to my Intro to Econ course, somewhere around 
|> lecture four:  Sunk Costs, Opportunity Costs, Marginal Costs.

Right on. Ticket prices are set to maximize revenue. Period. For an excellent
discussion on how this works, see Gerald Scully's book of a couple of years
back, titled (I think) "The Business Of Baseball".
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           We will stretch no farm animal beyond its natural length

  [email protected]   Paul Andresen  Hewlett-Packard  (503)-750-3511

    home: 3006 NW McKinley    Corvallis, OR 97330       (503)-752-8424
                            A SABR member since 1979