Quote:
Originally Posted by Cappy
No, the studies draw the conclusion that there is no negative economic impact to losing a team.
They use the substitution effect as an example for the conclusion.
You continue to use anecdotal evidence to attempt to trounce actual peer-reviewed sources.
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That is my point. They don't
prove that there is no negative impact, they infer it. And it requires the assumption that the substitution effect is 100%.
And that is a huge assumption.
And yes, I made an anecdotal comment. For the simple reason that it is also impossible to
refute (just as it is impossible to prove). But what my anecdotal comment shows is that there are very obvious possible outcomes,
other than full substitution. Which leaves that conclusion on rather dubious ground.