Stadium Games The Relationship between Communities and Teams

Date of Award

2004

Document Type

Thesis

Degree Name

Bachelors

Department

Social Sciences

First Advisor

Elliott, Catherine

Keywords

Baseball, Public Finance, Community

Area of Concentration

Economics

Abstract

This thesis examines the strategies that both the community and the team owner employ in the search for funding a new baseball stadium. Baseball stadiums are demonstrated to be private goods with positive externalities. For team owners, baseball stadiums are part of the business side of baseball, and as a private good are a means of increasing their revenue stream. For communities, baseball stadiums can provide a variety of external benefits, ranging from public monument to urban renewal. The historical survey of the processes by which stadiums have been built in the last 15 years provides a context in which the choices of both team owners and communities can be understood. Together this analysis attempts to determine the conditions necessary for a successful balance between community and team desires.

Rights

This bibliographic record is available under the Creative Commons CC0 public domain dedication. The New College of Florida, as creator of this bibliographic record, has waived all rights to it worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.

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