Economics at your fingertips  

The Demand for the Characteristics of Football Matches: A Hedonic Price Approach

Jaume García, Plácido Rodríguez and Federico Todeschini

Journal of Sports Economics, 2020, vol. 21, issue 7, 688-704

Abstract: We estimate a system of demand equations for three aggregate characteristics of a football game—quality of the teams, outcome uncertainty, and schedule—based on the estimation of a hedonic price model for the ticket price of a football match using data from the Spanish football league. We conclude that all three characteristics are not inferior goods (quality as a luxury), and they are price inelastic, showing some degree of complementarity. Some implications of these results in terms of the measures taken and to be taken by the Spanish association of football clubs (LaLiga) are discussed.

Keywords: hedonic prices; quality; outcome uncertainty; opportunity cost; demand system (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1177/1527002520930252

Access Statistics for this article

More articles in Journal of Sports Economics
Bibliographic data for series maintained by SAGE Publications ().

Page updated 2022-01-04
Handle: RePEc:sae:jospec:v:21:y:2020:i:7:p:688-704