Advances in sports economics / edited by Robert Butler.

Format:

Book

Contributor:

Butler, Robert, editor.

Language:

English

Subjects (All):

Sports--Economic aspects.

Sports.

Sports--Finance.

Physical Description:

1 online resource (398 pages)

Place of Publication:

Newcastle upon Tyne : Agenda Publishing, [2022]

Summary:

A wide-ranging collection of newly commissioned essays which examine the multifaceted field of sports economics in baseball, basketball, cricket, football, Gaelic games, horse racing, rugby and tennis.

Contents:

Cover

Half Title

Title Page

Dedication Page

Copyright Page

Contents

Preface

Contributors

Chapter 1 A brief history of the economics of sport

Chapter 2 Methods and theories in sports economics

2.1 Introduction

2.2 Theories

2.2.1 Profit-maximizing models of team sports

2.2.2 The win-maximizing model of team sports leagues

2.2.3 Economic competition in sports

2.2.4 Behavioural sports economics

2.3 Empirical methods

2.3.1 Contingent valuation method

2.3.2 Ordinary least squares regression and extensions

2.3.3 Natural experiments in sports

2.4 Conclusion

Chapter 3 Economics, analytics and decisions: Insights from professional team sports on the importance of context

3.1 Introduction

3.2 The discipline of economics and its limitations

3.3 Sports economics

3.4 Data analytics

3.4.1 My own early experience as a data analyst

3.4.2 Sports analytics

3.5 Sports economics to sports analytics: three case studies

3.5.1 Team-specific human capital

3.5.2 Pay and performance

3.5.3 Football transfer fees

3.6 Conclusion

Chapter 4 Introduction to the economics of Major League Baseball

4.1 Introduction

4.2 The creation of Major League Baseball

4. 3 Vertical operations

4.4 Horizontal operations

4.4.1 Why leagues?

4.4.2 Franchises and location

4.4.3 Competitive balance

4.5 Government and the MLB business

4.5.1 Labour relations

4.5.2 Antitrust (competition policy)

4.6 Conclusion

Chapter 5 Understanding the National Basketball Association through the lens of economic research

5.1 Introduction

5.2 Referee bias

5.2.1 Racial bias

5.2.2 Other types of referee bias

5.3 Salary discrimination

5.3.1 By race

5.3.2 By country of origin

5.4 NBA superstars

5.5 Conclusion

Chapter 6 The economics of association football.

6.1 Introduction

6.2 Competitive balance in football

6.3 Demand for match tickets: stadium attendance

6.4 Labour market operations

6.4.1 A nationality survey

6.4.2 Classification

6.4.3 EPL composition

6.4.4 La Liga composition

6.4.5 Serie A composition

6.4.6 Bundesliga composition

6.4.7 Ligue 1 composition

6.4.8 Domestic, EU and non-EU

6.5 Conclusion

Chapter 7 It's just not cricket: Rules and the gentleman's game

7.1 Introduction

7.2 The economics of cricket

7.2.1 Why should cricket interest economists?

7.2.2 First-class cricket

7.2.3 The County Championship

7.2.4 Does competitive balance matter in cricket?

7.2.5 Competitive balance in the County Championship

7.2.6 Is there home advantage in cricket?

7.2.7 Home advantage in the County Championship

7.2.8 First-mover advantage and the toss of a coin

7.3 The impact of the uncontested toss

7.3.1 Data

7.3.2 Estimation

7.3.3 Results

7.4 Conclusion

Chapter 8 Incentive effects: Assessing effort and heterogeneity in professional tennis

8.1 Introduction

8.2 Theory and literature

8.2.1 The Lazear-Rosen tournament model

8.2.2 Empirical studies in tennis

Financial incentive effects

Effects on effort levels

8.3 Data and method

8.3.1 The data

8.3.2 Descriptive statistics

8.3.3 Method

8.4 Results

8.4.1 ATP Tour

8.4.2 WTA Tour

8.5 Conclusion

Chapter 9 From Lords to Bollywood: Cricket economics, the rise of T20 and the Indian Premier League

9.1 Introduction

9.2 A brief history of the game

9.3 The Indian Premier League

9.4 IPL broadcasting

9.5 Competition between leagues

9.6 Economic analysis

9.6.1 Attendances

9.6.2 Performance

9.6.3 Decision-making

9.6.4 Duckworth-Lewis method

9.7 The problem of corruption

9.8 Conclusion.

Chapter 10 The peculiar economics of horse racing

10.1 Horse racing: a global sport

10.2 Who pays for horse racing?

10.3 Racing and betting

10.4 Case study of Great Britain with general implications

10.5 Peculiar challenges facing the sport

10.6 Conclusion

Chapter 11 Economic issues of horse racing in Ireland

11.1 Introduction

11.2 A brief history of horse racing in Ireland

11.3 Funding of horse racing

11.3.1 The betting duty

11.3.2 Government support for Horse Racing Ireland

11.3.3 Athletes and horses

11.4 Horse racing television broadcasting

11.5 Brexit and the Anglo-Irish relationship

11.6 Conclusion

Chapter 12 All jockeys are equal, but some jockeys are more equal than others

12.1 Introduction

12.2 Are women strong enough to be jockeys?

12.3 A glance at British horse racing

12.4 Licensing

12.5 Hiring decisions

12.6 Betting markets

12.7 Trainer bias

12.8 Conclusion

Chapter 13 The economics of sports betting and sports betting in economics

13.1 Introduction

13.2 The economics of sports betting

13.3 Sports betting in economics

13.4 Future directions and conclusion

Chapter 14 On- and off-field behaviour of match officials in professional team sports

14.1 Introduction

14.2 Referee bias

14.3 Pro14 rugby

14.4 Data and methodology

14.5 Results

14.6 Conclusion

Chapter 15 Do umpires prefer blonds (and other noticeable types) to take Charlie home?

15.1 Introduction

15.2 Three possible sources of umpire voting bias

15.3 Data and results

15.4 Conclusion

Chapter 16 Playing senior inter-county Gaelic games: The time commitments given and consequences

16.1 Introduction and context

16.2 Gaelic games

16.3 Commitment playing senior inter-county Gaelic games

16.3.1 Inter-county training.

16.3.2 Individually instigated training

16.3.3 Other Gaelic games team involvement

16.4 Effects on players' lives

16.4.1 Time allocated to other life areas

Professional career (work/study)

Family, partner, friends and general downtime

Sleep

16.4.2 Injuries

16.4.3 General well-being

16.5 Conclusion

Chapter 17 Comparing tie-breaker modes in an alternative Australian FootbalL League draft pick allocation policy

17.1 Introduction

17.2 The policy

17.3 Alternative tie-breaker rules

17.3.1 Lower ladder position after round of elimination

17.3.2 Lower ladder position from previous season

17.3.3 Better head-to-head record across the season

17.3.4 Better head-to-head record after elimination

17.3.5 Greater strength of schedule

17.3.6 Worse record against common opponents (and home/away)

17.4 Conclusion

Appendix: Example of how the LSB rule would work

Chapter 18 Public funding of sport: An example from Europe

18.1 Introduction

18.2 Potential for the excess public funding of sport

18.3 Justifications for the public funding of sport

18.4 Twenty-first-century public funding of sport in Ireland

18.4.1 Facilities and mega-events

18.4.2 The Great Recession and public funding

18.5 Conclusion

Chapter 19 Spatial distribution and sports infrastructure

19.1 Introduction

19.2 Previous research

19.3 Data and methods

19.3.1 Data

19.3.2 Methods

19.4 Econometric analysis

19.4.1 Spearman correlations

19.4.2 CUMUL_OPP econometric analysis

19.4.3 MIN_DIST econometric analysis

19.5 Conclusion

References

Index.

Notes:

Description based on print version record.

Includes bibliographical references and index.

Other Format:

Print version: Butler, Robert Advances in Sports Economics

ISBN:

9781788213561

OCLC:

1289478764