This study attempts to explain the determinants of NFL franchise revenue generation. Seven variables will be examined and tested in order to determine which of those variables have the most significant effect on revenue. Data were collected from the 2000 through 2005 regular seasons. Regression analyses were used to analyze the data. The results of this study were that ticket price, attendance, and television deals all have a large positive effect on NFL franchise revenue generation.
Water scarcity presents an obstacle to economic development in the western United States. In an attempt to accommodate the increasing levels of demand that population growth, recreation, industry, and environmental protection place on water supplies, western states frequently establish markets for water. Water markets promote efficient allocation, helping states to derive the highest possible economic benefit from available resources, and allowing western water supplies to support as much new development and population growth as possible. However, imperfect pricing information for water threatens the ability of water markets to efficiently allocate water. Correct valuation improves water right allocation by aiding market participants in negotiating and completing sensible transactions despite the limited availability of price signals. This project will estimate the values market participants place on shares of ditch company water rights in Colorado's South Platte basin. Based on observed market activity, the hedonic will method will be used to estimate the implicit value consumers place on each characteristic of a water right, and the contribution of each characteristic to the water right's price. The dataset analyzed in this project includes price, quantity, reliability, location, and type of use information for 254 transfers of ditch company shares. Because these data are proprietary and difficult to collect, this dataset represents one of the most comprehensive collections of water transaction information in existence for Colorado's South Platte basin. It is predicted that the ordinary least squares estimation of the hedonic price model developed in this project will reveal that reliable water supplies located near municipalities attract higher prices than variable water supplies situated downstream from cities. In addition, economies of scale and water price appreciation are predicted to exist in the South Platte basin.
The exact motivations for a 'green' and/or stakeholder approach to business are often unclear, though many view these approaches as beneficial to business over the long-term. This study specifically examines the incentives that stock market investors provide for companies to adopt an environmental program or environmentally friendly practices within their business. It also addresses the possible motivations that those companies might give investors in return. Voluntary company participants of the Environmental Protection Agency's 33/50 Program are used in econometric regressions that analyze both stock price and earnings per share changes before and after the program was began, from 1987 to 2007. After controlling for firm-specific and market variables, the stock price data concludes that investors do value the 33/50 program over the long-run. To address the efficient markets hypothesis, a time period analysis is performed. It does not find significant over- or underreaction evidence, but instead shows greater overall price increases over time with lower predictability. Whether or not the investors should have valued the 33/50 program, as would be indicated by long-run earnings growth, is largely inconclusive.
The aim of this study is to examine National Hockey League (NHL) player production during contract years. The term contract year refers to the last year of a player's contract. The hypothesis is that players perform better during their contract year in hopes of receiving a higher salary on their next contract (through free agency). The other hypothesis is that players will perform worse in the first year of their new contract because there is a decrease in incentive. In studying player production, this thesis uses nine independent variables believed to explain the dependent variable points per game. Data was collected for every forward during the 2007-2008 NHL season. All in all, data for 416 players was gathered. Regression analysis was performed for these 416 players. Of the four models tested, five independent variables were found to be significant. Both salary and nationality-Europe were found to have a positive impact on points per game. Year in league, first year, and age were all found to negatively affect points per game. The independent variable last year, which is the variable that this thesis concerns, was found to be statistically insignificant.
A key element of any business is determining the profit maximizing price of a good. Yet each price level will exclude some consumers who find the equilibrium too high and refrain from entering the market. If a similar product could be offered at a lower price it may lure the abstaining customers to consume, thereby increasing profits. For an industry that is flustering like the music industry, it is crucial new sales methods are found to continue growth and expansion. This paper evaluates an MP3 bundle as a modified product to attract new customers and encourage current customer to purchase more songs. Survey response data is used to determine a profit maximizing price at which to offer the modified digital song.
This study provides a theoretical analysis and empirical investigation of China's reliance on net exports to grow its gross domestic product (GDP), and current efforts to shift towards a more private domestic consumption driven economy. Using data from 1975 to present and analyzing numerous past research done on similar topics regarding China's GDP expenditures and net export driven developing countries, suggestions supporting private domestic consumption as the most efficient GDP expenditure variable to sustaining long term growth are made.
This thesis analyzes the impact of identification regulations on aggregate voter turnout. It examines the presidential election cycles of 2000, 2004 and 2008 using a muItivariable regression analysis. While the raw results are statistically insignificant with regard to the impact of identification regulations affect on total voter participation, further analysis suggests a possible negative correlation. Additionally the research finds interesting disparities between the modeling of Republican and Democratic vote totals, primarily in that the explanatory power of the model is far greater for Republican vote totals.
Tourism is the number one industry in the world. In developing countries there is inherent exploitation of environments, cultures and economies through the tourism industry. Although shifting to a conventional and unsustainable tourism-based economy will often help develop a country, the negative externalities outweigh the economic gain. As the world is becoming ever-more aware of the need for sustainability, ecotourism is leading the way as the most sustainable travel choice. It is up to the tourist, the host, and world organizations like the International Ecotourism Society (TIES) to transform the travel industry and turn ecotourism into the main form of tourism.
A collection of digitized thin slides for the Geology department.