John J. Siegfried

TL;DR: In this article, the authors suggest reforms to dissipate the monopoly sports leagues exercise when negotiating with host communities for their teams, arguing that public support for stadia is also driven by demand for community image and owners of sports teams supply a scarce input into image enhancement.

TL;DR: In this article, over 70 empirical studies of entry and exit patterns covering eleven different countries generally support the expectation that entry is more frequent in more profitable, rapidly growing industries, and slower where the absolute costs of capital required to build a minimum efficient scale plant are imposing.

TL;DR: In this article, the authors are indebted to Elisabeth Allison, G. L. Bach, William Becker, Frank Bonello, Kenneth Boulding, Stephen Buckles, J R. Clark, George Dawson, Daniel Fusfeld, Malcolm Getz, W Lee Hansen, RobertHeilbroner, RobertHighsmith, CliffHuang, ThomasJohnson, Allen Kelley, Darrell Lewis, Michael MacDowell, Campbell McConnell, Richard McKenzie, David Morawetz, Donald Paden, Phillip Saunders, Alex Scott, Howard Tuckman, John Vah

TL;DR: The authors identify five aspects of economic structure likely to affect an industry's political influence (firm size, industry size, market concentration, profitability, arid geographic dispersion) and test these aspects by analyzing how well they account for variations among industries in their success at securing public policies of benefit to them, especially in two policy arenas: federal corporate income taxes and state excise taxes.

TL;DR: The objects, methods of instruction, content, and accomplishments of the undergraduate major in economics at institutions of higher education within the United States are discussed in this article, where recommendations are provided for teaching students to "think like economists".