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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
It's Gonna Rain: Analysis of Determinants of Pool Attendance in Czech Republic
 Hyneš, Ondřej ; Hudík, Marek (advisor) ; Potužák, Pavel (referee)
This paper reveals by econometric analysis the determinants of pools attendance and analyzes them. In a sample of attendance of ten pools in the Czech Republic for three summer months concludes that, among others, the weather forecast, specifically the rain forecast, for the day significantly affects attendance. Although rain forecast is only for a less than a third of the observations consistent with actual rainfall observed in the day, visitors over time do not adjust their expectations and forecast is playing an important role. This may be due to rational ignorance or the high cost of transmission of information among visitors.
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