tag:blogger.com,1999:blog-35777384.post4106199009409885174..comments2024-03-26T13:58:01.822-07:00Comments on The Dangerous Economist: Even If You Don't Like Sports, You Might Be Paying For ThemCyril Moronghttp://www.blogger.com/profile/07148864847009186694noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-35777384.post-13002465820941399442011-02-06T19:57:49.949-08:002011-02-06T19:57:49.949-08:00Here is another version of the link
What Price Vi...Here is another version of the link<br /><br /><a href="http://online.wsj.com/article/SB10001424052748704281204575002843963779182.html" rel="nofollow">What Price Vikings Fandom? Funny You Should Ask</a>Cyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-65997095454565826552011-02-06T19:53:04.182-08:002011-02-06T19:53:04.182-08:00Economists assume that any time you buy a product ...Economists assume that any time you buy a product (sports ticket or something else), you value it at least as much as the price you paid (otherwise, you would not buy it). Maybe people do get alot of enjoyment out of talking about the local sports team. But it is hard to put a price tag on that and know if the tax payers should be forced to pay for it.<br /><br />In the U.S., sometimes a team threatens to move to another city if the government does not build them a stadium. So if they did move, there could be this loss. But again, just how valuable is it? People talk about alot of things but that does mean the taxpayers should fund those things.<br /><br />Anyway, here is a link to an article that discusses economists attempts to put a value on these intangibles<br /><br />http://online.wsj.com/article/SB10001424052748704281204575002843963779182.htmlCyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-12594203095353647982011-02-06T18:35:12.298-08:002011-02-06T18:35:12.298-08:00I don't know about'exactly', but in Me...I don't know about'exactly', but in Melbourne for example the people are sports crazy. It dominates conversation and the media. They even have a public holiday for a horse race. The enjoyment that people get from high quality sport is more than the cost of the ticket.<br />Regards, BelindaBelindahttps://www.blogger.com/profile/12695138379813942846noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-27066929816761820222011-02-05T09:06:09.415-08:002011-02-05T09:06:09.415-08:00Thanks for dropping by and commenting. What you ar...Thanks for dropping by and commenting. What you are suggesting is possible. But can you clarify it some? How exactly is the quality of life affected?Cyril Moronghttps://www.blogger.com/profile/07148864847009186694noreply@blogger.comtag:blogger.com,1999:blog-35777384.post-59257932009625949102011-02-05T06:45:30.576-08:002011-02-05T06:45:30.576-08:00There must be some intangible value in sports stad...There must be some intangible value in sports stadiums. In Australia, I don't know about the financial side, but the sports grounds play an enormous role in the quality of life.<br />BelindaBelindahttps://www.blogger.com/profile/12695138379813942846noreply@blogger.com