Title

A Heterogeneous Analysis of Secondary Market Behavior at College Football Bowl Games

Document Type

Article

Publication Date

6-1-2016

Publication Title

Sport Marketing Quarterly

Volume

25

Abstract

In a seminal investigation of secondary pricing for college football bowl games, Rishe, Reese, and Boyle (2015) found Rose Bowl administrators price their face values in the inelastic range of consumer demand, and factors such as pent-up demand, distance traveled, and perceived seat quality impacted the size of sec­ondary markups. Their study, however, lacked a breadth of application because it only focused on two bowl games occurring at the same venue and city. Conversely, this paper uses 9,413 transactions through TicketCity reflecting secondary ticket sales across 55 different bowl games from the 2013-14 and 2014-15 seasons. Subsequently, this heterogeneous sample reveals (1) not all bowl games price their tickets in the inelastic range of demand, perhaps attributable to uncertainty from lags between when face prices are set and when the teams competing are selected, (2) the introduction of the new College Football Playoff (for the Football Bowl Subdivision) format reduced markups for playoff games, perhaps because fans of playoff teams now must travel twice during the bowl season (as opposed to once under the old format in 2013-14), and (3) seat quality and distance traveled (consistent with Alchian-Allen theory) continue to significantly impact secondary market transactions for postseason college football.

Issue

2

First Page

115

Last Page

127

ISSN

1061-6934

Comments

Rishe, P., Sanders, D., Reese, J. D., & Mondello, M. (2016). A Heterogeneous Analysis of Secondary Market Behavior at College Football Bowl Games. Sport Marketing Quarterly, 25(2), 115-127

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