Handbook on the Economics of Professional Football

In this comprehensive Handbook, John Goddard and Peter Sloane present a collection of analytical contributions by internationally regarded scholars in the field, which extensively examine the many economic challenges facing the world's most ...

Handbook on the Economics of Professional Football

In this comprehensive Handbook, John Goddard and Peter Sloane present a collection of analytical contributions by internationally regarded scholars in the field, which extensively examine the many economic challenges facing the world's most popular

The Economics of Football

This book presents the first detailed economic analysis of professional football at club level, using a combination of economic reasoning and statistical and econometric analysis.

The Economics of Football

This book presents the first detailed economic analysis of professional football at club level, using a combination of economic reasoning and statistical and econometric analysis. Most of the original empirical research reported in the book is based on English club football. A wide range of international comparisons help emphasise both the broader relevance as well as the unique characteristics of the English experience. Specific topics include: the links between football clubs financial strength and competitive balance and uncertainty of outcome; the determinants of professional footballers compensation; measuring the football manager s contribution to team performance, the determinants of managerial change, and its effects on team performance; patterns of spectator demand for attendance; predicting match results, betting on football, and the market in football clubs company shares. The book concludes with an extended discussion of the major economic policy issues currently facing football s legislators and administrators worldwide.

The Economics of the National Football League

This book lays down a marker as to the state of economists’ understanding of the National Football League (NFL) by assembling sophisticated, critical surveys of by leading sports economists on major topics associated with the league.

The Economics of the National Football League

This book lays down a marker as to the state of economists’ understanding of the National Football League (NFL) by assembling sophisticated, critical surveys of by leading sports economists on major topics associated with the league. The book is divided into four parts. The first three chapters in Part I provide an overview of the business of the NFL from an economist’s perspective. Part II is a collection of surveys of the economics of the NFL’s most important revenue streams, including media, attendance, and merchandising. The NFL’s labor economics is the focus of Part III, with chapters on player and coach labor markets, the draft, and contract structure. Part IV includes essays on competitive balance, gambling, economic impacts of the Super Bowl, behavioral economic issues associated with the league, and antitrust issues. This book will appeal to sports economists, sports management professionals, and policy-makers, and would be useful as a supplementary text for sports economics and management courses as well as a reference text.

The Economics of Football

The second edition of this popular book presents a detailed economic analysis of professional football at club level, with new material included to reflect the development of the economics of professional football over the past ten years.

The Economics of Football

The second edition of this popular book presents a detailed economic analysis of professional football at club level, with new material included to reflect the development of the economics of professional football over the past ten years. Using a combination of economic reasoning and statistical and econometric analysis, the authors build upon the successes and strengths of the first edition to guide readers through the economic complexities and peculiarities of English club football. It uses a wide range of international comparisons to help emphasize both the broader relevance as well as the unique characteristics of the English experience. Topics covered include some of the most hotly debated issues currently surrounding professional football, including player salaries, the effects of management on team performance, betting on football, racial discrimination and the performance of football referees. This edition also features new chapters on the economics of international football, including the World Cup.

Myths and Facts about Football

What factors influence the career of footballers? How well can experts predict football matches? How accurate are prediction markets? How does the stock-market react to match outcomes? These questions and others are addressed in this book.

Myths and Facts about Football

This book presents accounts of economic and psychological analyses of association football (or “soccer” as it is popularly known in the USA). As football is widely accepted to be the world’s most popular sport, the case for scientific investigation of its characteristics is self-evident. As the contributions to this book demonstrate, the game of football offers an ideal opportunity to empirically investigate a wide range of broad issues, for example: behavioural decision-making; judgmental forecasting; motivation; game-theoretic models of strategic choice; competition and labour markets. Are teams more likely to concede a goal after having just scored? Does the team going first in a penalty shoot-out have an advantage? Should goal-keepers dive or stay put for penalty kicks? Do referees make decisions consistently? Why do fans like their teams? What factors influence the career of footballers? How well can experts predict football matches? How accurate are prediction markets? How does the stock-market react to match outcomes? These questions and others are addressed in this book. A particular focus is the investigation of popular conceptions—and misconceptions—about football. Of interest to psychologists, behavioural economists and football enthusiasts with an analytic approach to understanding the game, this book brings together contributions from a range of academic disciplines and will stimulate further research into football and the intriguing insights into behaviour it offers. See feature article in The Independent, October 8th, 2008: http://www.independent.co.uk/sport/football/news-and-comment/fact-or-fiction-form-in-football-954440.html Listen to interview with Patric Andersson on Swedish National Radio http://www.sr.se/cgi-bin/P1/program/index.asp?ProgramID=1302 Read Chris Charles’s blog on BBC website: http://www.bbc.co.uk/blogs/chrischarles/2008/10/lies_damned_lies_and_statictic.html

The Economics of Football

A detailed economic analysis that covers some of the most hotly debated issues currently surrounding professional football.

The Economics of Football

A detailed economic analysis that covers some of the most hotly debated issues currently surrounding professional football.

Handbook on the Economics of Sport

Read them all they make a wonderful 65-page treat. . . Part VI was a real feast, a smorgasbord. . . This is a magnificent piece of work and the 36-page index rounds it all off splendidly.

Handbook on the Economics of Sport

The editors should be commended for taking on such a big task, and succeeding so well. This book should be in the library of every institution where students have to write a paper that may be related to sport, or on the shelf of any lecturer teaching economics or public finance who has even a remote interest in sport. The material is very accessible, and useful in many different settings. Ruud H. Koning, Jahrbücher f. Nationalökonomie u. Statistik Edward Elgar s brilliant market niche is identifying a topic in economics, finding editors who know the area backwards and challenging them to assemble the best cross-section of relevant articles either already published or newly commissioned. Handbook on the Economics of Sport is Edward Elgar at its very best. If you love economics you ll find many fascinating insights here; if you love sport but know little economics then this book is mostly accessible and will teach you a lot; and if you are a sports-mad economist then you will be in hog heaven. Furthermore, if, like this reviewer, you are broadly very sceptical about the reports consultants produce for governments on the supposed economic windfall from hosting a big event or subsidising a stadium then you will get a lot of good counter-arguments in this volume. Indeed there are several chapters on the above theme that I m sure I ll be copying frequently to government officials in years to come. . . The demand for sport is a fascinating subject and it is hard to pick out just one chapter from the second section. Read them all they make a wonderful 65-page treat. . . Part VI was a real feast, a smorgasbord. . . This is a magnificent piece of work and the 36-page index rounds it all off splendidly. John Blundell, Economic Affairs The book covers the most important areas of research of an emerging economic sub-discipline spanning the past half a century. It serves admirably the purpose of an introduction into the rich and growing area of reflection for all concerned. . . the editors and authors of the Handbook have done a commendable job of accumulating sophisticated material for many economists, managers, politicians and self-conscious fans, who are sure to find excellent training ground for the whole heptathlon. . . This book will be invaluable for advanced students investigating professional sport. From the point of view of lawyers, particularly those engaged with the relationship between law and sports governance, the Handbook offers invaluable analysis of the economic issues that are alluded to in those debates but rarely examined in detail. . . These insights will also prove useful for policy analysts and sports administrators for whom many sections should be considered mandatory reading. Aleksander Sulejewicz, Journal of Contemporary European Research Over 800 pages on the economics of sport. What a feast! What a treat! The editors have done a wonderful job both in terms of breadth from David Beckham to child labour in Pakistan and depth, tournaments and luxury taxes for example. . . The 86 chapters are uniformly of a very high standard and illuminating. And there are real gems in some of the contributions. British Journal on the Economics of Sport This very interesting and comprehensive book achieves its objective, namely to present an overview of research in sports economics at an introductory level. . . [The editors] have produced an excellent reference book that belongs in all academic institutions libraries. It provides extensive introduction to the growing body of literature in the rising field of economics of sport. The book s relevant monographs should be read by institutions, cities and countries prior to their committing major resources towards sports facilities or a sporting event. James Angresano, Journal of Sports Economics One could think of this book as the sports-and-economics counterpart to Joy of Cooking, because it will satisfy the needs of those with a keen interest in such subjects as the

The Economics of Sport and the Media

'. . . this is a fascinating and informative volume and the bulk of it is accessible to readers without an economics background.

The Economics of Sport and the Media

'. . . this is a fascinating and informative volume and the bulk of it is accessible to readers without an economics background. It will be of interest to students of sport and the media and those interested in the commercialisation of leisure in general.' - A.J. Veal, Leisure Studies

Economics Uncertainty and European Football

Provides a picture of the development of competitive balance in the European football countries, along with some policy prescriptions for the governance of the European football market.

Economics  Uncertainty and European Football

'Always wanted to know which European football league offers the most exciting competition? Or, when defensive play and erratic referees enhance the suspense? Interested to find out how a return to the situation of the non-commercial 1950s can prevent a collapse of the top leagues? If you also want to learn how to do your own football statistics, then this book by Mr. Loek Groot is the football book you have been waiting for all these years.' - Harrie Verbon, Tilburg University, the Netherlands

The Economics of Sports

Authored by economists, the six essays collected here provide a picture of economic principles at work in the arena of big-time sports.

The Economics of Sports

Authored by economists, the six essays collected here provide a picture of economic principles at work in the arena of big-time sports. The 1998-1999 NBA lockout, the economic effects of sports stadiums, and the level of parity in leagues and conferences are used to present analyses of contemporary economic issues including industrial organization, influences of labor markets, the effect of racial discrimination, market power, the behavior of cartels, and price discrimination. Annotation copyrighted by Book News Inc., Portland, OR

The Oxford Handbook of Sports Economics Volume 1 The Economics of Sports

Talented authors in each of these fields have made contributions to these volumes. The volumes are also rich from the point of view of the sports fan.

The Oxford Handbook of Sports Economics  Volume 1  The Economics of Sports

Stephen Shmanske and Leo Kahane have brought together nearly all of the important authors in the quickly growing field of Sports Economics to contribute chapters to this two-volume set. The result is truly informative in its content and path breaking in its importance to the field. Anyone contemplating research in the field of sports economics will find the works in these volumes to provide both ample background in subject after subject and numerous suggestions for future avenues of research. The editors have recognized two ways that economics and sports interact. First, economic analysis has helped everyone understand many of the peculiar institutions in sports. And second, quality data about individual productivity, salaries, career histories, teamwork, and managerial behavior has helped economists study topics as varied as the economics of discrimination, salary dispersion, and antitrust policy. These two themes of economics helping sports and sports helping economics provide the organizational structure to the two-volume set. The reader will find that sports economists employ or comment on practically every field in economics. Labor Economics comes into play in the areas of salary formation, salary dispersion, and discrimination. Baseballs history and the NCAA are studied with Industrial Organization and Antitrust. Public Finance and Contingent Value Modeling come into play in the study of stadium finance and franchise location. The Efficient Market Hypothesis is examined with data from gambling markets. Macroeconomic effects are studied with data from mega events like the Super Bowl, The World Cup, and the Olympics. The limits of Econometrics are pushed and illustrated with superb data in many of the papers herein. Topics in Applied microeconomics like demand estimation and price discrimination are also covered in several of the included papers. Game Theory, measurement of production functions, and measurement of managerial efficiency all come into play. Talented authors in each of these fields have made contributions to these volumes. The volumes are also rich from the point of view of the sports fan. Every major team sport is covered, and many interesting comparisons can be made especially between the North American League organization and the European-style promotion and relegation leagues. Golf, NASCAR, College athletics, Womens sports, the Olympics, and even bowling are represented in these pages. There is literally something for everyone.

The Economics of Professional Team Sports

This book is unique in that it offers the first truly rigorous application of economic principles to its subject.

The Economics of Professional Team Sports

This book is unique in that it offers the first truly rigorous application of economic principles to its subject. The authors analyse: * the economic literature on sporting leagues * the demand for professional team sports * the players' labour market. Amongst the topics discussed are the US system of franchising and draft picks and the chances of their being adopted elsewhere, the implications of player strikes, the onset of pay-per-view and digital television, and the relatively new notion that sport is a business like any other.

The Palgrave Handbook on the Economics of Manipulation in Sport

The book will appeal to practitioners from sport management as well as to academics including students and researchers. Sport has enjoyed steadily increasing prominence and economic importance since the Millennium.

The Palgrave Handbook on the Economics of Manipulation in Sport

Sport has enjoyed steadily increasing prominence and economic importance since the Millennium. But threats to its integrity appear to have grown in parallel, undermining the very sense of innocence and fun which is an important part of its appeal. Threats to the spirit of sport come from internal, external and even state actors, who seek either to manipulate events on the field or to exploit the institutions of sport for their own ends. As the reputation of sport becomes more tarnished as a result, its sustainability as a significant part of the entertainment industry is called into question and loss of reputation may even result in decline in recreational play. In this wide-ranging collection of essays, the international team of contributors explores the structural economic sources of the problems that beset sport and address the question of ‘what is to be done?’ through economic reasoning. Specific topics covered include doping, match-fixing for betting or sporting gain, the role of forensic statistics in detecting nefarious activity, issues related to club ownership, corruption in the awarding of mega-events and within sports governing bodies, and the role of the law and the Court of Arbitration for Sport. In the final chapter, the Editors pull together the various strands and propose that policy to mitigate the threat to fair play should be built around two themes: improving sports governance and designing incentives to help actors in sport choose honest over manipulative behaviour. The book will appeal to practitioners from sport management as well as to academics including students and researchers.

The Demand for International Football Telecasts in the United States

This book provides a comprehensive overview and economic analysis of US consumer demand for televised football (soccer).

The Demand for International Football Telecasts in the United States

This book provides a comprehensive overview and economic analysis of US consumer demand for televised football (soccer). Accounting for transnational demand, research is focused on the US consumers demand for the English Premier League, Spanish La Liga, Italian Serie A, German Bundesliga, French Ligue 1 and the UEFA Champions League, which represent the most popular and marketable football competitions worldwide, and have recently sealed lucrative media rights contracts in many large markets, including the US. The study also takes account of North American Major League Soccer (MLS) in order to provide a more comprehensive overview of the country's football market and to allow for direct comparisons with the aforementioned European competitions. These findings offer valuable insights for US broadcasters, European league organizers and managers to adjust existing strategies and/or develop new strategies in conquering the US football market.

Playbooks and Checkbooks

Focusing on the ways that the sports business does and does not overlap with economics, the book uncovers the core paradox at the heart of the sports industry.

Playbooks and Checkbooks

What economic rules govern sports? How does the sports business differ from other businesses? Playbooks and Checkbooks takes a fascinating step-by-step look at the fundamental economic relationships shaping modern sports. Focusing on the ways that the sports business does and does not overlap with economics, the book uncovers the core paradox at the heart of the sports industry. Unlike other businesses, the sports industry would not survive if competitors obliterated each other to extinction, financially or otherwise--without rivals there is nothing to sell. Playbooks and Checkbooks examines how this unique economic truth plays out in the sports world, both on and off the field. Noted economist Stefan Szymanski explains how modern sporting contests have evolved; how sports competitions are organized; and how economics has guided antitrust, monopoly, and cartel issues in the sporting world. Szymanski considers the motivation provided by prize money, uncovers discrepancies in players' salaries, and shows why the incentive structure for professional athletes encourages them to cheat through performance-enhancing drugs and match fixing. He also explores how changes in media broadcasting allow owners and athletes to play to a global audience, and why governments continue to publicly fund sporting events such as the Olympics, despite almost certain financial loss. Using economic tools to reveal the complex arrangements of an industry, Playbooks and Checkbooks illuminates the world of sports through economics, and the world of economics through sports.

Economics Uncertainty and European Football

If you also want to learn how to do your own football statistics, then this book by Mr. Loek Groot is the football book you have been waiting for all these years.' - Harrie Verbon, Tilburg University, The Netherlands

Economics  Uncertainty and European Football

'Always wanted to know which European football league offers the most exciting competition? Or, when defensive play and erratic referees enhance the suspense? Interested to find out how a return to the situation of the non-commercial 1950s can prevent a collapse of the top leagues? If you also want to learn how to do your own football statistics, then this book by Mr. Loek Groot is the football book you have been waiting for all these years.' - Harrie Verbon, Tilburg University, The Netherlands