We Like Sports (WLS) is a group of citizens lobbying for a new sports stadium for the local baseball team. They argue that the new stadium would have several benefits:

Currently, the team attracts 1 million spectators a year. WLS projects that with the new stadium, 1.5 million fans will attend games. Each fan spends $30 at the game, which generates $3 in taxes. This will create additional revenue for the city.

In addition to spending money on the games, WLS argues that these fans will bring more revenue to the city. They project that one-half of these fans will eat at restaurants near the stadium, either before or after the game, providing a needed boost to the struggling neighborhood around the stadium.

Finally, WLS projects that 10% of these fans will travel from a town more than two hours away, and will choose to stay in a local hotel after the game. You have been hired by the city to provide an impartial analysis of the proposed stadium. As part of this analysis, you have been asked to critique the claims of WLS. Do you agree that effects identified by WLS are benefits? In preparing a cost-benefit analysis, should these effects be considered? Please explain your answer.