Any topic (writer’s choice)
Submit a one-page response to the following questions after the Coates and Humphreysarticle on stadium subsidies.
1. Do Economists Reach a Conclusion on Subsidies for Sports Franchises, Stadiums, and Mega-Events? What is the opinion of most economists?
2. Give at least two examples of outputs that have been used to measure the effectiveness of stadium subsidies and their findings.
3. There seems to be a discrepancy in ex-ante (before) and ex-post (after) work done to analyze the returns to stadium subsidies. Why?
4. How could a winners curse explain why cities may not get the expected returns on their investment? (Winners curse is defined in the textbook and most intermediate micro texts.)