Wrecks and effects
A study by a University of Iowa economist finds that many car race fans do, indeed, watch NASCAR races because they want to see car wrecks, but more of them have been tuning in to see who actually wins the race since the circuit adopted its Chase for the Cup championship series in 2004.
John Solow, a professor of economics in the Tippie College of Business, and co-author Peter Von Allmen of Skidmore College, looked at 135 NASCAR races between 2001 and 2009. They used a formula that measured the impact on each race's television ratings by incorporating a dozen statistics, ...
