Disequilibrium Sports Economics

Disequilibrium Sports Economics
Author: Wladimir Andreff
Publisher: Edward Elgar Publishing
Total Pages: 268
Release: 2015-09-25
Genre: Business & Economics
ISBN: 1783479361

For decades, sports economics has been set within the framework of equilibrium economics, in particular when modelling team sport leagues. Based on a conviction that this does not reflect real life, this book addresses a gap in the literature and opens up a new research area by applying concepts drawn from disequilibrium economics. It is divided into two parts, the first of which focuses on economic disequilibrium in sports markets and competitive imbalance in sporting contests. The second part concentrates on soft budget constraints and their consequences for club governance and management.

Disequilibrium Sports Economics

Disequilibrium Sports Economics
Author: Wladimir Andreff
Publisher:
Total Pages: 0
Release: 2015
Genre: Equilibrium (Economics).
ISBN: 9781783479351

For decades, sports economics has been set within the framework of equilibrium economics, in particular when modelling team sport leagues. Based on a conviction that this does not reflect real life, this book addresses a gap in the literature and opens up a new research area by applying concepts drawn from disequilibrium economics. It is divided into two parts, the first of which focuses on economic disequilibrium in sports markets and competitive imbalance in sporting contests. The second part concentrates on soft budget constraints and their consequences for club governance and management.

Behavioural Sports Economics

Behavioural Sports Economics
Author: Hannah Josepha Rachel Altman
Publisher: Routledge
Total Pages: 377
Release: 2021-12-19
Genre: Business & Economics
ISBN: 1000522695

Economists have entered into the realm of sports to provide what they believe to be more cogent explanations for sport-related behaviour and to suggest ways in which incentives can improve sports outcomes. But prices and income, the traditional workhorses of conventional economics, can only provide partial explanations and understandings. Drawing on a bounded rationality approach to behavioural economics, this book demonstrates the analytical insights to be gained by supplementing the conventional economics toolbox with psychological, cognitive, sociological, and institutional factors. The international cast list of contributors cover a wide range of sports topics on which a behavioural approach can reveal new insights. These include preferences, managerial, efficiency, choking, doping, favouritism, athlete well- being, and spectator behaviour. Throughout the book, there is an emphasis on the cognitive limits to smart decision-making as well as the critical role played by the decision-making environment. This volume demonstrates that adopting a bounded rationality approach, complimented with other behaviouralist approaches, helps to better explain sport-related behavioural, sub-optimal behavioural, and market failures. It also provides insights that could be used to improve sports outcomes and the well-being of those involved in sports and to better configure policy to enhance sports performance. This groundbreaking book will be an indispensable reference to students and scholars of sports economics, sports management, and sports science.

Sports Economics

Sports Economics
Author: David Berri
Publisher:
Total Pages:
Release: 2018
Genre: Professional sports
ISBN: 9781319282219

The SAGE Handbook of Sports Economics

The SAGE Handbook of Sports Economics
Author: Paul Downward
Publisher: SAGE
Total Pages: 1027
Release: 2019-08-26
Genre: Business & Economics
ISBN: 1526444518

Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy PART II: Amateur Sports Participation, Supply and Impact PART III: Professional Team Sports PART IV: Professional Sports Leagues PART V: Sports Events and their Impacts PART VI: Individual Sports PART VII: Future Research

Sports Economics Uncut

Sports Economics Uncut
Author: Brian Goff
Publisher: Edward Elgar Publishing
Total Pages: 272
Release: 2018-08-31
Genre: Business & Economics
ISBN: 1788118731

“Sport has the power to change the world.” Sports Economics Uncut expresses this insight from Nelson Mandela, exploring sports as a fascinating mirror of the world and a powerful agent of change. In it, Brian Goff covers subjects ranging from the ebb and flow of racial discrimination, to inequality, law enforcement, managers and risky decisions, club membership, and politics. Much more than merely a review or synthesis, this book extends existing perspectives and explores provocative questions such as: how systematic is racial bias in pro sports today? Is all racial segregation in sports due to racial bias? How much are college athletes really worth, and is league parity really optimal?

Historical Perspectives on Sports Economics

Historical Perspectives on Sports Economics
Author: John K. Wilson
Publisher: Edward Elgar Publishing
Total Pages: 209
Release: 2019
Genre: Electronic books
ISBN: 178897784X

The sports sector, apart from being of economic significance in itself, is clearly one that many citizens share a great interest in. It is not mere results, but aspects such as history, statistics, interest in labour markets and finances that often spark people’s interest. Historical Perspectives on Sports Economics explores a variety of topics including mega-event analysis, sports governance, anthropometrics, gambling, industrial organisation, infrastructure development and racial issues.

Transforming Modern Macroeconomics

Transforming Modern Macroeconomics
Author: Roger E. Backhouse
Publisher: Cambridge University Press
Total Pages: 239
Release: 2013
Genre: Business & Economics
ISBN: 110702319X

Since the 1950s, macroeconomics has been transformed. This book is about one of the most important aspects of that transformation: the attempt, through the end of the twenty-first century and beyond, to construct macroeconomic models rigorously derived from models of individual firms and households.

An Economic Roadmap to the Dark Side of Sport

An Economic Roadmap to the Dark Side of Sport
Author: Wladimir Andreff
Publisher: Springer Nature
Total Pages: 160
Release: 2019-10-04
Genre: Business & Economics
ISBN: 3030284565

This Palgrave Pivot provides a comprehensive overview of economic aspects to criminal behaviour in sport. It addresses manipulations, dysfunctions, distortions and crimes triggered by economic interests or pure greed in sports, and challenges the governance of this important industry. Topics covered include hazing, sabotage, refereeing bias, technological manipulations, tanking, bad management, financial doping, ticket touting, circumventing the law through sport, discrimination and child labour. The book is divided into three volumes. Volume I covers those economic manipulations that breach sports rules, sporting integrity, violate managerial rules and the law, and infringe human rights in sport. It builds up a typology of sport manipulations which makes sense from an economic standpoint, not only from a sporting or judicial perspective. Volumes II and III (available separately) focus on Corruption and Economic Crime in Sport, respectively. This book will be of interest to students, researchers and journalists in sports science, sports management and sports economics.

Professional Team Sports and the Soft Budget Constraint

Professional Team Sports and the Soft Budget Constraint
Author: Storm, Rasmus K.
Publisher: Edward Elgar Publishing
Total Pages: 247
Release: 2022-09-08
Genre: Business & Economics
ISBN: 1800375999

Exploring why professional team sport clubs are almost always able to survive despite financial mismanagement, inflated player salaries and persistent deficits, this book provides new evidence on how to explain this phenomenon. It looks at the context in which many clubs operate – the soft budget constraint – and how the clubs in this respect resemble state-owned enterprises in socialist countries or big banks in financial crises.