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This paper intends to analyze the National Football League (NFL) and the role stadiums play within it. The NFL, being the nation's largest professional sports league, has experienced a large amount of volatility over the past couple of decades. Teams have relocated a significant number of times and stadium projects

This paper intends to analyze the National Football League (NFL) and the role stadiums play within it. The NFL, being the nation's largest professional sports league, has experienced a large amount of volatility over the past couple of decades. Teams have relocated a significant number of times and stadium projects have grown in size, cost, and frequency. Because of these observations, we chose to focus in on this particular sports league in order to answer our many questions surrounding the role of a professional sports stadium in the economics of a city. We seek to understand the economics these sports stadiums impact on the league and the cities they reside in. To do this, we compiled data of NFL franchise wins, average ticket prices, stadiums, and franchise values, while researching the stadium building process and referencing the opinions of leading sports economists across the nation. Next, we discussed the process of building a stadium, which entails the core steps of design, construction, cost, and funding. We discuss tax-exempt municipal bonds, and explain what an impact economic analysis is and how teams use them to get cities to support their projects. Moreover, we discuss the threats of relocation and how the NFL can exert pressure on stadium project decisions. Finally, we talk about the future of the NFL, with a new trend of empty stadiums and make predictions for upcoming relocation destinations. Based on these findings, we draw conclusions on the economics of sports stadiums and offer our opinion on the current state of the NFL.
ContributorsGuillen, Sergio (Co-author) / Willms, Jacob (Co-author) / Goegan, Brian (Thesis director) / Eaton, John (Committee member) / Department of Economics (Contributor) / Barrett, The Honors College (Contributor)
Created2018-05
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We attempted to apply a novel approach to stock market predictions. The Logistic Regression machine learning algorithm (Joseph Berkson) was applied to analyze news article headlines as represented by a bag-of-words (tri-gram and single-gram) representation in an attempt to predict the trends of stock prices based on the Dow Jones

We attempted to apply a novel approach to stock market predictions. The Logistic Regression machine learning algorithm (Joseph Berkson) was applied to analyze news article headlines as represented by a bag-of-words (tri-gram and single-gram) representation in an attempt to predict the trends of stock prices based on the Dow Jones Industrial Average. The results showed that a tri-gram bag led to a 49% trend accuracy, a 1% increase when compared to the single-gram representation’s accuracy of 48%.

ContributorsBarolli, Adeiron (Author) / Jimenez Arista, Laura (Thesis director) / Wilson, Jeffrey (Committee member) / School of Life Sciences (Contributor) / Barrett, The Honors College (Contributor)
Created2021-05
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College athletics are a multi-billion dollar industry featuring hard-working student-athletes competing at a high level for national championships across a variety of different sports. Across the college sports landscape, coaches and players are always seeking an edge they can gain in order to obtain a competitive advantage over their opponents.

College athletics are a multi-billion dollar industry featuring hard-working student-athletes competing at a high level for national championships across a variety of different sports. Across the college sports landscape, coaches and players are always seeking an edge they can gain in order to obtain a competitive advantage over their opponents. While this may sound nefarious, the vast amounts of data about these games and student-athletes can be used to glean insights about the sports themselves in order to help student-athletes be more successful. Data analytics can be used to make sense of the available data by creating models and using other tools available that can predict how student-athletes and their teams will do in the future based on the data gathered from how they have performed in the past. Colleges and universities across the country compete in a vast array of sports. As a result of these differences, the sports with the largest amounts of data available will be the more popular college sports, such as football, men’s and women’s basketball, baseball and softball. Arizona State University, as a member of the Pac-12 conference, has a storied athletic tradition and decades of history in all of these sports, providing a large amount of data that can be used to analyze student-athlete success in these sports and help predict future success. However, data is available from numerous other college athletic programs that could provide a much larger sample to help predict with greater accuracy why certain teams and student-athletes are more successful than others. The explosion of analytics across the sports world has resulted in a new focus on utilizing statistical techniques to improve all aspects of different sports. Sports science has influenced medical departments, and model-building has been used to determine optimal in-game strategy and predict the outcomes of future games based on team strength. It is this latter approach that has become the focus of this paper, with football being used as a subject due to its vast popularity and massive supply of easily accessible data.

ContributorsLindstrom, Trent (Author) / Schneider, Laurence (Thesis director) / Wilson, Jeffrey (Committee member) / Barrett, The Honors College (Contributor) / School of Mathematical and Statistical Sciences (Contributor)
Created2022-05
164186-Thumbnail Image.png
Description

College athletics are a multi-billion dollar industry featuring hard-working student-athletes competing at a high level for national championships across a variety of different sports. Across the college sports landscape, coaches and players are always seeking an edge they can gain in order to obtain a competitive advantage over their opponents.

College athletics are a multi-billion dollar industry featuring hard-working student-athletes competing at a high level for national championships across a variety of different sports. Across the college sports landscape, coaches and players are always seeking an edge they can gain in order to obtain a competitive advantage over their opponents. While this may sound nefarious, the vast amounts of data about these games and student-athletes can be used to glean insights about the sports themselves in order to help student-athletes be more successful. Data analytics can be used to make sense of the available data by creating models and using other tools available that can predict how student-athletes and their teams will do in the future based on the data gathered from how they have performed in the past. Colleges and universities across the country compete in a vast array of sports. As a result of these differences, the sports with the largest amounts of data available will be the more popular college sports, such as football, men’s and women’s basketball, baseball and softball. Arizona State University, as a member of the Pac-12 conference, has a storied athletic tradition and decades of history in all of these sports, providing a large amount of data that can be used to analyze student-athlete success in these sports and help predict future success. However, data is available from numerous other college athletic programs that could provide a much larger sample to help predict with greater accuracy why certain teams and student-athletes are more successful than others. The explosion of analytics across the sports world has resulted in a new focus on utilizing statistical techniques to improve all aspects of different sports. Sports science has influenced medical departments, and model-building has been used to determine optimal in-game strategy and predict the outcomes of future games based on team strength. It is this latter approach that has become the focus of this paper, with football being used as a subject due to its vast popularity and massive supply of easily accessible data.

ContributorsLindstrom, Trent (Author) / Schneider, Laurence (Thesis director) / Wilson, Jeffrey (Committee member) / Barrett, The Honors College (Contributor) / School of Mathematical and Statistical Sciences (Contributor)
Created2022-05