Dr. Patrick Rishe is the Director of Sportsimpacts, a sports consulting firm specializing in market research analyses for professional and amateur sports entities.
Stack says that many analyses of the market, like Gross', fail to account for the effect of short-term interest rates just above 1%, which he believes make current valuations tenable.
It then allocates a team which analyses the client's position in the market and devises a strategy, taking into account practised management principles and the global picture.
Unlike existing works that emphasise institutional and historical factors, this study analyses the importance of the presence of fixed costs as a source of market imperfections and very high profits in certain towns.