The Economics of Sports
6th Edition
ISBN: 9781138052161
Author: Michael A. Leeds, Peter von Allmen, Victor A. Matheson
Publisher: Routledge
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Chapter 1, Problem 1DQ
To determine
Explain why sports generate more news coverage than other industries.
Expert Solution & Answer
Explanation of Solution
Individuals know that sports are more news generating one than other industries. This is because most of the people have an interest in sports events, and the sports are always entertaining to them. The people will spend most of their free time to watch their favourite sports events. For this, individuals will watch more news channels and sports channels to get a clear idea about the match. This will increase the rating of the channels and the companies will add more advertisement between the programs. The excitement of people for their beloved team will make media to generate more news coverage than other industries.
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Chapter 1 Solutions
The Economics of Sports
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