The Economics of Crosstown Sports Rivalries

When I went to my first game at Fenway Park in 2002, I was excited to hear Red Sox fans outside the stadium chanting “Yankees suck! Yankees suck!”

I turned to the guy who invited me and said, “Hey, you got me tickets to a Yankees game? Awesome.”

“Nope,” he answered. “They’re playing the Cleveland Indians.”

Cue the trombone.

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