Ground sharing between cricket and football in Australia
Lionel Frost,
Margaret Lightbody,
Abdel K. Halabi,
Amanda J. Carter and
Luc Borrowman
Chapter 6 in Sports Through the Lens of Economic History, 2016, pp 89-105 from Edward Elgar Publishing
Abstract:
Shared use of grounds allowed Australian cricket and football to subsidize each other, but cartel arrangements that determined the use of stadiums and the distribution of benefits and costs between sports may have been less than optimal. Estimation of deadweight losses from the use of stadiums is not possible in the absence of a counterfactual specifying the level of demand if the behaviour of cartel members had been coordinated more effectively. Archival, financial and attendance report data can be used to estimate increases in actual demand under alternative scenarios. In Melbourne and Adelaide, the controlling bodies of cricket and football uncured significant losses in welfare from joint use of their cities’ major stadium, due to the importance they attached to non-monetary aspects of utility.
Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2016
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