Suchergebnisse

This book is a Festschrift in honor or Professor Rod Fort, one of the leading contributors to the emerging field of sports economics in the past half century. Professor Fort's path-breaking research in the 1990s and 2000s both laid down an agenda for research in sports economics and popularized the application of economic analysis to sports issues for lay readers. The contributors to the volume are among the leading scholars in modern sports economics. They put issues highlighted in Professor Fort's research in the context of current issues. Topics discussed include competitive balance and outcome uncertainty estimation, gender-wage discrimination in US professional soccer, and the paradox of fan loyalty. .

"Starting with a major survey of the economics of sport, this volume involves primarily a comparison of the European and American models of sport, how to restructure leagues to make them more competitive, the analysis of gate-sharing mechanisms, the economic impact of promotion and relegation and a comparison of broadcasting regimes"--Provided by publisher

AbstractThis study uses a unique database of financial accounts for English football clubs between 1974 and 2010 to examine the process by which firms fail, which in this context means entering insolvency proceedings. From the data it is possible to estimate shocks to demand and productivity and to show that failing firms typically experience a series of negative shocks. This is consistent with the standard IO theory models of exit.

The hosting of major sporting events such as the Olympic Games or the FIFA World Cup has become the subject of intense competition among nations. Governments seem willing to make large financial commitments in order to win the bidding competition but evidence suggests that the economic impact of this spending is limited. While this outcome is easily understood in terms of rent seeking behavior, it is suggested that organizations such as the IOC and FIFA could better serve their constituents by diverting competition away from lavish provision of facilities towards goals that would raise participation in sports. Adapted from the source document.