Del i serien New Horizons in the Economics of Sport series

Disequilibrium Sports Economics

Competitive Imbalance and Budget Constraints

Inbunden, Engelska, 2015

2 529 kr

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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.This pioneering book is the first to tackle non-mainstream economics in sport and offers a first approach to disequilibrium sports economics. Providing a new metric of competitive balance and opening up new avenues of future research, this is essential reading for economists and those researching sport across many disciplines.Contributors: W. Andreff, E. Franck, J.-P. Gayant, N. Le Pape, R.D. Macdonald, K. Nielsen, R.K. Storm, G.N. Tuck, D. van Reeth, A.R. Whitten

Produktinformation

Utgivningsdatum2015-09-25
Mått156 x 234 x undefined mm
FormatInbunden
SpråkEngelska
SerieNew Horizons in the Economics of Sport series
FörlagEdward Elgar Publishing Ltd
ISBN9781783479351

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Servicesektorn inom Ekonomi och Ledarskap
Mikroekonomi inom Ekonomi och Ledarskap

Contents:1. A New Research Area: Disequilibrium Sports Economics Wladimir AndreffPART I ECONOMIC DISEQUILIBRIUM AND COMPETITIVE IMBALANCE 2. An Attempt at Disequilibrium Modelling a Team Sports League Wladimir Andreff3. Management Reference Points for Sporting Leagues: Simulating League Expansion and the Effect of Alternative Player Drafting RegulationsGeoff N. Tuck, Robert D. Macdonald and Athol R. Whitten4. The Metrics of Competitive Imbalance Jean-Pascal Gayant and Nicolas Le Pape5. Disequilibrium on the Sports Programmes Market: The Gender Imbalance in TV Coverage and TV Viewership of the 2012 Olympic GamesDaam van ReethPART II TEAMS AND LEAGUES WITH SOFT BUDGET CONSTRAINTS 6. Soft Budget Constraints in European and US leagues: Similarities and Differences Rasmus K. Storm and Klaus Nielsen7. Governance of Professional Team Sports Clubs: Agency Problem and Soft Budget ConstraintWladimir Andreff8. Regulation in Leagues with Clubs’ Soft Budget Constraints: The Effect of the New UEFA Club Licensing and Financial Fair Play Regulations on Managerial Incentives and SuspenseEgon FranckIndex

‘Disequilibrium Sports Economics: Competitive Imbalance and Budget Constraints introduces a new research area in sport management. . . . it touches on important topics surrounding team-sport leagues. The book certainly provides not only a sport-economic aspect but also a communication/media aspect of sport. Sport management faculty and students could use the book as excellent supplemental reading.’