Sports Econ: Final Exam

Which league has the strongest revenue sharing?

Which league has an official 'soft' salary cap?

Why is the supply curve horizontal in the primary ticket market?

What type of union is a typical players' association?

Which of these is not one of the 'eras' or professional sports as outlined by Professor Binder?

The p value is 0.99, which of the following is true?

A work stoppage caused by the players is known by what term?

Sports leagues enjoy anti-trust exemptions with regard to what activity?

Which of the following is the largest source of revenue for sports franchises?

Which of these statistics measures the amount of variation in Y explained by the Xs?

Conference realignment is being driven almost entirely by what sport?

What was the initial reason for the formation of sports leagues?

Which league has general exemption from anti-trust law except with regard to labor negotiations?

Which of these does NOT describe the current era of sports facility construction?

In which of the following sports does the top league not have a monopsony on the best players?

Which principle of taxation states that the best tax is a tax on those who will benefit the most from the product?

Which of the following is NOT a barrier to entry that leagues create or use?

According to their most recent HHIs, which league has the least competitive balance?

Which of the following does NOT describe the new LIV golf league?

Which type of revenue that leads to inequality is a reason why franchises demand new stadiums?

Which type of discrimination is unlikely to be reduced to do economic competition?

Which of the following is NOT a reason why we expect the demand curve for most markets to slope downward?

Which of the following is a name given to the take or portion of the handle sports books collect from bettors?

Which league had a short work stoppage in 2022 before striking a new CBA deal?

In which leagues is there a shortage of the very best players due to a maximum player salary price ceiling?

What was the original 'death-penalty' in NCAA sanctions?

What were the NFL players primarily seeking in the strike of 1987?

When was the color barrier broken in professional sports in the United States?

In which league are reported total contract amounts often not fully guaranteed?

Which of the following is NOT used by leagues to promote competitive balance?

Which league is most unequal in player salaries but most equal in revenue sharing?

Tournament pay attempts to keep what labor supply effect dominant?

Which league has an effective but unofficial soft salary cap?

In which sport are the top female athletes paid the most?

Which of these is NOT a reason local governments would subsidize pro sports facilities?

Which league was granted free agency first by court case in 1957, but was last to truly benefit from it?

Which of these statistics indicates if the coefficient is not zero?

Charging a price that changes live with changes in demand is known as what pricing strategy?

Which league has less disparity in revenue due to lack of regional network TV deals?

Which of these is not a common hypothesis for why there are disparities in racial composition of pro athletes?

What amendment to the Civil Rights Act requires to provide opportunities for both sexes in sports?

OLS finds the line of best fit between two variables by reducing the sum of squared distances from the observation

In which league did the players association first accept a salary cap?

The economic benefits of hosting mega events like the Olympics often outweigh the costs

Which league pays its players the highest average salary?

OLS produces BLUE only of the model doesn't have multicollinearity, which is another way of saying...

Which of the following is NOT a method for assigning probabiltites?

Most schools in the NCAA generate more revenue than they receive in allocation.

KC (-4.5) vs LA; Outcome was KC 19-17. Who won the bet?

In the NFL salary cap calculations, what is dead cap money?

When was the first sports CBA agreed to?

Which league lost an entire season during a lockout in the last 20 years?

Most schools in the NCAA do not collect any allocated revenue.

What is the name for the alternative option unions and employers have over striking a deal during collective bargaining?

Which league has no restricted free agency?

Which of these is not part of the substantivist definition of economics?

What is the name of the fee that pay networks pay to leagues for the ability to broadcast events?

Which of the following is NOT true about running a regression?

Which franchise relocation opened up the floodgates for further relocations by successfully suing its own league?