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Recent Developments in the Economics of Sport

Edited by Wladimir Andreff, Professor Emeritus, University of Paris 1 Panthéon Sorbonne, France
In this authoritative collection, Professor Andreff presents the most significant articles published over the last decade or so by leading scholars in the field of sports economics. The volumes cover a wide spectrum of approaches to the subject. Some articles delve more deeply into existing issues such as the economic impact of professional sport, sports events and sports facilities. Some extend sports economics into new areas such as the measurement of the overall US sports economy, the economic underdevelopment of sports in developing countries and the global trade in sports goods. Others offer a synthetic view of important recent developments in the field, including the demand for sport, facility finance, the economics of promotion and relegation in sports leagues and competitive balance.
Two volume set
Extent: 1,192 pp
Hardback Price: $674.00 Web: $606.60
Publication Date: 2011
ISBN: 978 1 84844 436 2
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  • Economics and Finance
  • Economic Psychology
  • Sports
In this authoritative collection, Professor Andreff presents the most significant articles published over the last decade or so by leading scholars in the field of sports economics. The volumes cover a wide spectrum of approaches to the subject. Some articles delve more deeply into existing issues such as the economic impact of professional sport, sports events and sports facilities. Some extend sports economics into new areas such as the measurement of the overall US sports economy, the economic underdevelopment of sports in developing countries and the global trade in sports goods. Others offer a synthetic view of important recent developments in the field, including the demand for sport, facility finance, the economics of promotion and relegation in sports leagues and competitive balance.

Professor Andreff has written a comprehensive new introduction which gives a thorough overview of this topical subject.
61 articles, dating from 1999 to 2009
Contributors include: A. Berentsen, J. Borland, M. Duggan, L.M. Kahn, S. Kesenne, E.M. Leeds, S.D. Levitt, H. Preuss, S. Szymanski, A. Zimbalist
Contents:

Volume I ]

Acknowledgements

Introduction Wladimir Andreff

PART I THE ECONOMIC SIGNIFICANCE OF SPORTS MARKETS
1. Gerd Ahlert (2000), ‘Reasons for Modelling Sports in a Complex Economic Model: Two Examples’
2. Brad R. Humphreys and Jane E. Ruseski (2009), ‘Estimates of the Dimensions of the Sports Market in the US’
3. James G. Mulligan and Emmanuel Llinares (2003), ‘Market Segmentation and the Diffusion of Quality-Enhancing Innovations: The Case of Downhill Skiing’
4. Stefano DellaVigna and Ulrike Malmendier (2006), ‘Paying Not to Go to the Gym’
5. Lawrence M. Kahn (2007), ‘Markets: Cartel Behavior and Amateurism in College Sports’
6. Jeffery Borland and Robert Macdonald (2003), ‘Demand for Sport’
7. Harry Arne Solberg (2006), ‘The Auctioning of TV Sports Rights’
8. John Gannon, Kevin Evans and John Goddard (2006), ‘The Stock Market Effects of the Sale of Live Broadcasting Rights for English Premiership Football: An Event Study’
9. Jaume García, Leví Pérez and Plácido Rodríguez (2008), ‘Football Pools Sales: How Important Is a Football Club in the Top Divisions?’

PART II THE ECONOMIC IMPACT OF SPORTING EVENTS AND SPORT FACILITIES
10. Arne Feddersen, Wolfgang Maennig and Philipp Zimmermann (2008), ‘The Empirics of Key Factors in the Success of Bids for Olympic Games’
11. Holger Preuss (2005), ‘The Economic Impact of Visitors at Major Multi-sport Events’
12. Robert A. Baade and Victor Matheson (2000), ‘An Assessment of the Economic Impact of the American Football Championship, the Super Bowl, on Host Communities’
13. Marc Lavoie and Gabriel Rodríguez (2005), ‘The Economic Impact of Professional Teams on Monthly Hotel Occupancy Rates of Canadian Cities: A Box-Jenkins Approach’
14. Paul M. Downward and Rita Ralston (2006), ‘The Sports Development Potential of Sports Event Volunteering: Insights from the XVII Manchester Commonwealth Games’
15. Andrew Zimbalist and Judith Grant Long (2006), ‘Facility Finance: Measurement, Trends, and Analysis’
16. Eva Marikova Leeds, Michael A. Leeds and Irina Pistolet (2007), ‘A Stadium by Any Other Name: The Value of Naming Rights’

PART III PROFESSIONAL SPORTS: ECONOMIC DESIGN, FINANCE AND EFFICIENCY
17. Stefan Szymanski (2003), ‘The Economic Design of Sporting Contests’
18. Luca Rebeggiani and Davide Tondani (2008), ‘Organizational Forms in Professional Cycling: An Examination of the Efficiency of the UCI Pro Tour’
19. Dennis W. Carlton, Alan S. Frankel and Elisabeth M. Landes (2004), ‘The Control of Externalities in Sports Leagues: An Analysis of Restrictions in the National Hockey League’
20. Roger G. Noll (2002), ‘The Economics of Promotion and Relegation in Sports Leagues: The Case of English Football’
21. Stefan Kesenne (2007), ‘Does a Win Bonus Help to Increase Profit or Wins in Professional Team Sports?’
22. Wladimir Andreff and Paul D. Staudohar (2000), ‘The Evolving European Model of Professional Sports Finance’
23. Guido Ascari and Philippe Gagnepain (2007), ‘Evaluating Rent Dissipation in the Spanish Football Industry’
24. Peter von Allmen (2001), ‘Is the Reward System in NASCAR Efficient?’
25. Carlos Pestana Barros, Pedro Garcia-del-Barrio and Stephanie Leach (2009), ‘Analysing the Technical Efficiency of the Spanish Football League First Division with a Random Frontier Model’
26. Fiona Carmichael and Dennis Thomas (2008), ‘Efficiency in Knock-out Tournaments: Evidence from EURO 2004’


Volume II

Acknowledgements

An introduction to both volumes by the editor appears in Volume I

PART I ECONOMIC EQUILIBRIUM, COMPETITIVE BALANCE AND ATTENDANCE
1. Andrew S. Zimbalist (2002), ‘Competitive Balance in Sports Leagues: An Introduction’
2. John Vrooman (2009), ‘Theory of the Perfect Game: Competitive Balance in Monopoly Sports Leagues’
3. Luigi Buzzacchi, Stefan Szymanski and Tommaso M. Valletti (2003), ‘Equality of Opportunity and Equality of Outcome: Open Leagues, Closed Leagues and Competitive Balance’
4. Rodney Fort and James Quirk (2004), ‘Owner Objectives and Competitive Balance’
5. Stefan Szymanski (2004), ‘Professional Team Sports Are Only a Game: The Walrasian Fixed-Supply Conjecture Model, Contest-Nash Equilibrium, and the Invariance Principle’
6. Brad R. Humphreys (2002), ‘Alternative Measures of Competitive Balance in Sports Leagues’
7. Cind Du Bois and Bruno Heyndels (2007), ‘It’s a Different Game You Go to Watch: Competitive Balance in Men’s and Women’s Tennis’
8. John L. Solow and Anthony C. Krautmann (2007), ‘Leveling the Playing Field or Just Lowering Salaries? The Effects of Redistribution in Baseball’
9. David Forrest and Rob Simmons (2006), ‘New Issues in Attendance Demand: The Case of the English Football League’
10. Daniel A. Rascher and John Paul G. Solmes (2007), ‘Do Fans Want Close Contests? A Test of the Uncertainty of Outcome Hypothesis in the National Basketball Association’
11. Dennis Coates and Brad R. Humphreys (2007), ‘Ticket Prices, Concessions and Attendance at Professional Sporting Events’

PART II LABOUR MARKET FOR TALENTS, PAY AND PERFORMANCE
12. Lawrence M. Kahn (2000), ‘The Sports Business as a Labor Market Laboratory’
13. Martin B. Schmidt and David J. Berri (2004), ‘The Impact of Labor Strikes on Consumer Demand: An Application to Professional Sports’
14. Stephen Hall, Stefan Szymanski and Andrew S. Zimbalist (2002), ‘Testing Causality between Team Performance and Payroll: The Cases of Major League Baseball and English Soccer’
15. Gerald W. Scully (2002), ‘The Distribution of Performance and Earnings in a Prize Economy’
16. Bernd Frick and Joachim Prinz (2007), ‘Pay and Performance in Professional Road Running: The Case of City Marathons’
17. Egon Franck and Stephan Nüesch (2008), ‘Mechanisms of Superstar Formation in German Soccer: Empirical Evidence’
18. Stefan Kesenne (2003), ‘The Salary Cap Proposal of the G-14 in European Football’
19. David J. Berri, Michael A. Leeds, Eva Marikova Leeds and Michael Mondello (2009), ‘The Role of Managers in Team Performance’

PART III GAME THEORY APPLIED TO SPORTS
20. Mark Walker and John Wooders (2001), ‘Minimax Play at Wimbledon’
21. Ignacio Palacios-Huerta (2003), ‘Professionals Play Minimax’
22. David Romer (2006), ‘Do Firms Maximize? Evidence from Professional Football’

PART IV INTERNATIONAL DIMENSIONS IN SPORTS ECONOMICS
23. Madeleine Andreff and Wladimir Andreff (2009), ‘Global Trade in Sports Goods: International Specialisation of Major Trading Countries’
24. Wladimir Andreff (2001), ‘The Correlation between Economic Underdevelopment and Sport’
25. Andrew B. Bernard and Meghan R. Busse (2004), ‘Who Wins the Olympic Games: Economic Resources and Medal Totals’
26. Evan Osborne (2006), ‘Baseball’s International Division of Labor’
27. Bernd Frick (2009), ‘Globalization and Factor Mobility: The Impact of the “Bosman-Ruling” on Player Migration in Professional Soccer’

PART V ECONOMIC DYSFUNCTIONS IN SPORTS
28. David Forrest, Ian McHale and Kevin McAuley (2008), ‘”Say It Ain’t So”: Betting-Related Malpractice in Sport’
29. Mark Duggan and Steven D. Levitt (2002), ‘Winning Isn’t Everything: Corruption in Sumo Wrestling’
30. Wolfgang Maennig (2005), ‘Corruption in International Sports and Sport Management: Forms, Tendencies, Extent and Countermeasures’
31. Nicolas Eber and Jacques Thépot (1999), ‘Doping in Sport and Competition Design’
32. Aleksander Berentsen (2002), ‘The Economics of Doping’
33. Brian L. Goff, Robert E. McCormick and Robert D. Tollison (2002), ‘Racial Integration as an Innovation: Empirical Evidence from Sports Leagues’
34. Neil Longley (2000), ‘The Underrepresentation of French Canadians in English Canadian NHL Teams’
35. Robert Hoffmann, Lee Chew Ging, Victor Matheson and Bala Ramasamy (2006), ‘International Women’s Football and Gender Inequality’