Abstract
In this study, I aim to investigate how individuals' preferences for proximity to sports amenities influence their choice of residential locations. Utilizing an analytical framework rooted in the utility maximization theory and hedonic modeling, this project explores the complex relationship between spectator sports and residential location decisions. An essential element of this research is the utility maximization model, which asserts that people make decisions in order to maximize their overall happiness or utility. I start by discussing the utility maximization theory and how individuals employ the same thought process in their analysis of an area’s amenities. With the data collected, I employ two semi-log models to test the hypothesis and found no evidence that supports the hypothesis that spectator sports have a positive impact on residential location decisions for individuals.
Advisor
Burnell, James
Department
Business Economics
Recommended Citation
Balassy, Sebestyen G., "Analyzing the Impacts of Spectator Sports of Residential Location Decisions" (2024). Senior Independent Study Theses. Paper 11012.
https://openworks.wooster.edu/independentstudy/11012
Disciplines
Tourism and Travel
Publication Date
2024
Degree Granted
Bachelor of Arts
Document Type
Senior Independent Study Thesis
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