Roger Noll
Roger Noll
bubble instincts issue phenomenon
The issue is durability, ... As an economist, all my instincts tell me just as the dot.com bubble had to burst, the small-market, new-stadium phenomenon had to burst.
attend benefit bowl bucks city detroit fraction orleans people piece positive spend super
If you put a Super Bowl in Detroit in January, it does have a big positive benefit to the city - a significant fraction of those who attend and spend hundreds of bucks a piece wouldn't be there otherwise. But if you do the same thing in New Orleans for Mardi Gras, you're just displacing people who would be there anyway.