Why Are Inferior Seats “Underpriced”? Evidence from the English Premier League

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Tin Cheuk Leung ◽  
Kwok Ping Tsang ◽  
Kevin K. Tsui
Keyword(s):  
Control Group ◽  
Relative Importance ◽  
Ticket Sales ◽  
The Past ◽  
Revenue Sources ◽  
Premier League ◽  
Product Pricing ◽  
Loss Leader ◽  
English Premier League ◽  
Tv Broadcasting

AbstractThis paper studies the practice of loss-leader pricing strategy in the English Premier League (EPL). While the TV broadcasting revenue for EPL clubs has increased over the past 20 years, the importance of revenue from ticket sales has declined. The theory of multi-product pricing suggests that a change in the relative importance of revenue sources can induce profit-maximizing firms to underprice one product in order to raise the demand for a complementary one. Using other leagues in England and Scotland that do not have as much TV broadcasting revenue as a control group, we find that inferior seats are underpriced among the EPL clubs. Consistent with the growing importance of TV broadcast revenue, we also find that such “loss-leader pricing” is stronger in later years of the sample. Furthermore, we provide evidence that the underpricing of inferior seats is more pronounced in (i) EPL clubs compared to clubs in other European leagues; (ii) elite clubs in EPL compared to non-elite clubs in EPL that have less TV broadcasting revenue; and (iii) clubs promoted to EPL as compared to clubs that are either promoted or relegated to different leagues in England and Scotland. These findings corroborate with the hypothesis that clubs that rely more on TV broadcasting underprice their inferior seats as loss leader to attract more passionate fans.

Why is this happened? Passive morphology and unaccusativity

1997 ◽  
Vol 13 (1) ◽  
pp. 1-9 ◽  
Author(s):  
Patricia Balcom
Keyword(s):  
Argument Structure ◽  
Native Speakers ◽  
Control Group ◽  
Past Participle ◽  
Production Task ◽  
Syntactic Rule ◽  
English Writing ◽  
The Past ◽  
Linguistic Representations ◽  
Unaccusative Verbs

Zobl discussed inappropriate passive morphology (‘be’ and the past participle) in the English writing of L2 learners, linking its occurrence to the class of unaccusative verbs and proposing that learners subsume unaccusatives under the syntactic rule for passive formation. The research reported here supports and amplifies Zobl' proposal, based on a grammaticality judgement task and a controlled production task containing verbs from a variety of subclasses of unaccusatives. The tasks were administered to Chinese L1 learners of English and a control group of English native speakers. Results show that subjects both used and judged as grammatical inappropriate passive morphology with all verbs falling under the rubric of unaccusativity. The article concludes with linguistic representations which maintain Zobl’s insights but are consistent with current theories of argument structure.

Measuring the Selective Utilization of Animal Species by Prehistoric Human Populations

1979 ◽  
Vol 44 (1) ◽  
pp. 155-160 ◽  
Author(s):  
Bruce D. Smith
Keyword(s):  
Animal Species ◽  
Human Populations ◽  
Relative Importance ◽  
The Past

To determine the pattern of selective utilization of animal species by prehistoric human populations, it is first necessary to quantify the relative importance of species of animals in the diet of prehistoric human groups through analysis of archaeologically recovered faunal samples. These values are then compared with estimates of the relative availability of different species of animals in the environment. Such estimates of the relative availability of animal species in prehistoric habitat situations, usually quantified in terms of biomass, are obtained by projecting data from modern analog situations into the past. When attempting to reconstruct prehistoric biotic communities in this manner, it is important to be aware of a number of possible sources of bias and to evaluate and apply modern wildlife data according to a set of interrelated principles. Sources of bias and criteria for selecting modern wildlife analog data are discussed.

scholarly journals Asymmetry after Hamstring Injury in English Premier League: Issue Resolved, Or Perhaps Not?

2015 ◽  
Vol 36 (06) ◽  
pp. 455-459 ◽  
Author(s):  
P. Barreira ◽  
B. Drust ◽  
M. Robinson ◽  
J. Vanrenterghem
Keyword(s):  
Hamstring Injury ◽  
Premier League ◽  
English Premier League

A benchmarking approach to the progress of green materials and systems’ use in the UAE construction industry

2016 ◽  
Vol 13 (4) ◽  
pp. 315-327 ◽  
Author(s):  
Aly Elgayar ◽  
Salwa Mamoun Beheiry ◽  
Alaa Jabbar ◽  
Hamad Al Ansari
Keyword(s):  
Construction Industry ◽  
United Arab Emirates ◽  
Design Methodology ◽  
Construction Materials ◽  
Relative Importance ◽  
Content Type ◽  
The Past ◽  
Green Materials ◽  
Importance Index ◽  
Regulatory Guidelines

Purpose Over the past decade, the United Arab Emirates (UAE) introduced several green regulatory guidelines, federal decrees, and a considerable number of environmentally friendly initiatives. Hence, the purpose of this paper is to investigate the top green materials and systems used currently in the UAE construction industry as per the new laws dictate as well as see if professionals are switching over to incorporate more green materials, systems, and/or designs. Design/methodology/approach The work involved reviewing internationally popular green materials and systems for construction, developing a questionnaire based on the literature review, surveying professionals in the seven UAE emirates, and ranking the findings based on the relative importance index. Findings Findings found the top used green materials and system in the UAE’s construction industry. As well as identified that there is a communication gap between the design and implementation phases that is possibly hindering the use of more green materials and systems. Originality/value This study sets a baseline to measure the UAE’s progress over the coming years in terms of integrating more green construction materials, systems, methodologies, and trends.

Cognitive impairment in long-term benzodiazepine users

1988 ◽  
Vol 18 (2) ◽  
pp. 365-374 ◽  
Author(s):  
Susan Golombok ◽  
Parimala Moodley ◽  
Malcolm Lader
Keyword(s):  
Neuropsychological Tests ◽  
Matched Control ◽  
Control Group ◽  
Therapeutic Practice ◽  
The Past ◽  
Visual Spatial ◽  
Wide Range ◽  
High Doses ◽  
One Year

SynopsisIn view of the very extensive and often prolonged use of benzodiazepines in therapeutic practice, this study was designed to investigate whether or not cognitive ability is impaired in longterm benzodiazepine users, and to determine the nature and extent of any deficit. Fifty patients currently taking benzodiazepines for at least one year, thirty-four who had stopped taking benzodiazepines, and a matched control group of subjects who had never taken benzodiazepines or who had taken benzodiazepines in the past for less than one year were administered a battery of neuropsychological tests designed to measure a wide range of cognitive functions. It was found that patients taking high doses of benzodiazepines for long periods of time perform poorly on tasks involving visual-spatial ability and sustained attention. This is consistent with deficits in posterior cortical cognitive function.

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