Empirical support is shown for the propositionthat sports fans prefer the composition of their home team to remain the same from season to season. Controlling for price, income, population, team quality, league, year, the stadium effects, the regression results indicate that for each percentage point increase in the turnover of the composition of the team, attendance will fall by about 0.7%. The implications of this heretofore ignored tendency are briefly discussed.

No abstract

This article compares the PGA Tour to the LPGA by examining the relationship between skills and earnings on the two tours. Men on the PGA Tour play for bigger purses than do the women in the LPGA tournaments. But the men also play more rounds of golf over longer golf courses in front of more spectators and exhibit greater levels of skill than the women. The statistical results show which golf skills are the most valuable by estimating the effect of the skill on earnings. Furthermore, the results show that once skill levels are accounted for, women are not underpaid compared to men. Even though the tournament form of compensation rewards the relative skill levels within each tournament, the professional golf industry appears to reward the absolute level of skill with no gender bias.

Tournaments compensation model, Effort and performance, Economics of golf, Hot-hand phenomenon, Competitive balance, Skewness of performance distribution, J31, L83, C81,

No abstract