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Full Description
Competition is the very essence of professional sports, yet how do we measure it? Has the level of competition changed over time? Can organizers influence the degree of competition, for example, by changing rewards? How does the audience appreciate competition? The Economics of Competitive Sports examines and addresses these questions.This volume presents a state-of-the-art overview of the economics of competitive sport with contributions from leading experts in the field. The initial chapters present a discussion of the organization of sports and competition, exploring how leagues form, operate and compete. The second part of the book deals with the competition, rewards and outcomes of actual organized leagues and contests. Competitive balance and responses to incentives are covered extensively.
Academics, policymakers and students seeking an in-depth and practical understanding of the economics of competition in sport will find this volume indispensable.
Contributors include: J. Achterhof, M. Andreff, W. Andreff, X.G. Che, J. del Corral, D. Forrest, B. Frick, P. Garcia-del-Barrio, C. Green, B.R. Humphreys, S. Késenne, R. Koning, I.G. McHale, J. Prieto-Rodríguez, F. Pujol, P. Rodríguez, I. Sanz, F. Scheel, R. Simmons, S. Szymanski, J.D. Tena, F. Tenreiro, C. Varela-Quintana
Contents
Contents:
PART I ORGANIZATION OF SPORTS AND COMPETITION
1. Rival Sports League Formation and Competition
Xiao Gang Che and Brad R. Humphreys
2. The Pyramid Market of the European Sports Model: The Economics of Federations
Fernando Tenreiro
3. The English Disease: Has Football Hooliganism been Eliminated or just Displaced?
Colin Green and Robert Simmons
4. Where to Play First (Away or Home) in a Best-of-two Tournament? An Analysis from UEFA Competitions
Carlos Varela-Quintana, Julio del Corral and Juan Prieto-Rodríguez
5. Long Term and Short Term Causes of Insolvency and English football
Stefan Szymanski
PART II COMPETITION: COMPETITIVE BALANCE, REWARDS, AND OUTCOME
6. The Optimal Competitive Balance in a Sports League?
Stefan Késenne
7. Live Football Demand
Ruud Koning and Jeroen Achterhof
8. Sport Talent, Media Value and Equal Prize Policies in Tennis
Pedro Garcia-del-Barrio and Francesc Pujol
9. Career Duration in Capital-Intensive Individualistic Sports: Evidence from Ski Jumping, Golf and Auto Racing
Bernd Frick, Brad R. Humphreys and Friedrich Scheel
10. Determinants of National Medals Totals at the Summer Olympic Games: An Analysis Disaggregated by Sport
David Forrest, Ian G. McHale, Ismael Sanz and J.D. Tena
11. Economic Prediction of Sport Performances from the Beijing Olympics to the 2010 FIFA World Cup in South Africa: The Notion of Surprising Sporting Outcome
Wladimir Andreff and Madeleine Andreff
Index



