Edited by Wladimir Andreff, Honorary Professor of Economics, Department of Economics, University of Paris 1 Panthéon Sorbonne, France and Stefan Szymanski, University of Michigan, US

• Contents:Introduction: Sport and EconomicsWladimir Andreff and Stefan SzymanskiPART I: SPORT IN THE ECONOMY1. Sports AccountingWladimir Andreff 2. The Production of Professional Team SportsJeff Borland3. The Sports Goods IndustriesWladimir Andreff 4. Sport and GamblingDavid Forrest5. SponsorshipClaude Jeanrenaud 6. International Trade in Sports GoodsWladimir Andreff PART II: DEMAND FOR SPORT7. The Demand for SportJean-Jacques Gouguet8. The Demand for Spectator SportsRob Simmons 9. Attendance at Sports EventsPatrick Feehan 10. The Demand for Sports BroadcastingBabatunde Buraimo 11. The Demand for Media CoverageFrédéric Bolotny and Jean-François BourgPART III: COST–BENEFIT ANALYSIS OF SPORT12. Economic Impact AnalysisVictor Matheson 13. Physical Activity, Sport and HealthJean-François Nys14. Employment in SportDidier Primault 15. Sporting ExternalitiesJean-Jacques Gouguet and Eric Barget16. The Economic Impact of Mega-sporting EventsRobert A. Baade 17. The OlympicsHolger Preuss 18. The World CupMarkus Kurscheidt 19. The Economic Impact of Sporting FacilitiesBrad R. Humphreys20. Voluntary Work in SportWladimir Andreff PART IV: SPORTING GOVERNANCE AND THE STATE21. Governance and Governing Bodies in SportThomas Hoehn22. The Economics of the IOCJean-Loup Chappelet 23. Government Objectives and SportBarrie Houlihan 24. Central Government and SportJean-François Nys25. Sport and FinancingWladimir Andreff 26. Military SportJean-François Nys 27. Local Government and Regional Development in SportCarlos Pestana Barros28. The European Model of SportPeter J. Sloane 29. The Anglo-American Model of SportStefan Szymanski30. Sport in Developing CountriesWladimir Andreff 31. Soviet and Post-Soviet SportSandrine Poupaux 32. International Labour MigrationWladimir Andreff 33. Comparative Advantage of NationsWladimir AndreffPART V: INDIVIDUALISTIC SPORTS 34. The Theory of TournamentsStefan Szymanski35. Implications from the Theory of Contests for Modelling and Designing Sports CompetitionsGerd Muehlheusser 36. Citius, Altius, Fortius: The Production of World Records in the Running and Technical Disciplines in Track and FieldBernd Frick, Joachim Prinz and Frank Tolsdorf 37. On the Competitive Structure in Professional Boxing, Or Why the Best Boxers Very Seldom Fight Each OtherRafael Tenorio38. GolfChantelle Bramley39. The Economics of British HorseracingWray Vamplew 40. The Economics of Collegiate AthleticsKarl W. Einolf41. The Economics of US Intercollegiate Sports and the NCAARobert Sandy42. The Economics of CyclingMichel Desbordes43. Extreme Sports (Climbing and Mountaineering)Gilles Rotillon 44. The Economics of TennisEric Barget PART VI: TEAM SPORTS45. The Development of Team Sports Before 1914Wray Vamplew A. The Economics of Professional Sports and Leagues46. Organisational Models of Professional Team Sports LeaguesAndrew Zimbalist 47. Baseball EconomicsStefan Szymanski48. The Economics of SoccerJohn Goddard49. Football in EnglandStefan Szymanski50. The State of the Italian Football IndustryUmberto Lago51. The Economics of Soccer in SpainJaume García and Plácido Rodríguez 52. Football in GermanyBernd Frick 53. Football in FranceFrédéric Bolotny 54. American Football Michael Leeds 55. Labour Economics on the Hardwood: the NBADavid J. Berri56. European Professional Basketball in Crisis, 1992–2002Didier Primault57. Ice HockeyMarc Lavoie 58. The Economic Development of the Australian Football LeagueRoss Booth 59. Rugby: Strategy and StructureJohn McMillan60. The Economics of Professional RugbyPierre Chaix61. The Economics of CricketIan Preston B. Principal Economic Issues62. Uncertainty of Outcome, Competitive Balance and the Theory of Team SportsStefan Szymanski63. The Objective Function of a TeamStefan Késenne 64. Production Functions for Sporting TeamsJeff Borland65. Revenue SharingStefan Szymanski66. The Reserve Clause in Major League BaseballLawrence Hadley 67. The Retain and Transfer SystemDennis Thomas 68. The Bosman Case and European FootballStefan Késenne 69. The Reverse-Order-of-Finish Draft in SportsLeo H. Kahane 70. Chasing the Elusive Salary CapDaniel R. Marburger71. The Luxury Tax in Professional SportsElizabeth Gustafson 72. ‘At the Top Table’: Player Unions in SoccerBraham Dabscheck73. The Player Transfer System in SoccerFiona Carmichael 74. Player AgentsDaniel S. Mason 75. The Promotion and Relegation SystemStefan Szymanski76. Team Sports and FinanceWladimir Andreff 77. Inelastic Sports Pricing at the Gate? A SurveyRodney Fort78. Financial Innovation in Professional Team Sports: The Case of English Premiership SoccerBill Gerrard 79. Collective Selling of Broadcast Rights in Team SportsSusanne Parlasca80. The Sporting Exception and the Legality of Restraints in the USStefan Szymanski81. The Specificity of Sport and the European Community Law: The Example of NationalityJean-Christophe Breillat and Frank Lagarde82. Sport and Globalisation: Sport as a Global Public GoodJean-François Bourg and Jean-Jacques Gouguet PART VII: DYSFUNCTIONS IN SPORT83. Racial DiscriminationNeil Longley 84. Gender DiscriminationBrad R. Humphreys 85. DopingNicolas Eber 86. CorruptionWolfgang Maennig Index

'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.'

Edited by Wladimir Andreff, Honorary Professor of Economics, Department of Economics, University of Paris 1 Panthéon Sorbonne, France and Stefan Szymanski, University of Michigan, US

• Contents:Introduction: Sport and EconomicsWladimir Andreff and Stefan SzymanskiPART I: SPORT IN THE ECONOMY1. Sports AccountingWladimir Andreff 2. The Production of Professional Team SportsJeff Borland3. The Sports Goods IndustriesWladimir Andreff 4. Sport and GamblingDavid Forrest5. SponsorshipClaude Jeanrenaud 6. International Trade in Sports GoodsWladimir Andreff PART II: DEMAND FOR SPORT7. The Demand for SportJean-Jacques Gouguet8. The Demand for Spectator SportsRob Simmons 9. Attendance at Sports EventsPatrick Feehan 10. The Demand for Sports BroadcastingBabatunde Buraimo 11. The Demand for Media CoverageFrédéric Bolotny and Jean-François BourgPART III: COST–BENEFIT ANALYSIS OF SPORT12. Economic Impact AnalysisVictor Matheson 13. Physical Activity, Sport and HealthJean-François Nys14. Employment in SportDidier Primault 15. Sporting ExternalitiesJean-Jacques Gouguet and Eric Barget16. The Economic Impact of Mega-sporting EventsRobert A. Baade 17. The OlympicsHolger Preuss 18. The World CupMarkus Kurscheidt 19. The Economic Impact of Sporting FacilitiesBrad R. Humphreys20. Voluntary Work in SportWladimir Andreff PART IV: SPORTING GOVERNANCE AND THE STATE21. Governance and Governing Bodies in SportThomas Hoehn22. The Economics of the IOCJean-Loup Chappelet 23. Government Objectives and SportBarrie Houlihan 24. Central Government and SportJean-François Nys25. Sport and FinancingWladimir Andreff 26. Military SportJean-François Nys 27. Local Government and Regional Development in SportCarlos Pestana Barros28. The European Model of SportPeter J. Sloane 29. The Anglo-American Model of SportStefan Szymanski30. Sport in Developing CountriesWladimir Andreff 31. Soviet and Post-Soviet SportSandrine Poupaux 32. International Labour MigrationWladimir Andreff 33. Comparative Advantage of NationsWladimir AndreffPART V: INDIVIDUALISTIC SPORTS 34. The Theory of TournamentsStefan Szymanski35. Implications from the Theory of Contests for Modelling and Designing Sports CompetitionsGerd Muehlheusser 36. Citius, Altius, Fortius: The Production of World Records in the Running and Technical Disciplines in Track and FieldBernd Frick, Joachim Prinz and Frank Tolsdorf 37. On the Competitive Structure in Professional Boxing, Or Why the Best Boxers Very Seldom Fight Each OtherRafael Tenorio38. GolfChantelle Bramley39. The Economics of British HorseracingWray Vamplew 40. The Economics of Collegiate AthleticsKarl W. Einolf41. The Economics of US Intercollegiate Sports and the NCAARobert Sandy42. The Economics of CyclingMichel Desbordes43. Extreme Sports (Climbing and Mountaineering)Gilles Rotillon 44. The Economics of TennisEric Barget PART VI: TEAM SPORTS45. The Development of Team Sports Before 1914Wray Vamplew A. The Economics of Professional Sports and Leagues46. Organisational Models of Professional Team Sports LeaguesAndrew Zimbalist 47. Baseball EconomicsStefan Szymanski48. The Economics of SoccerJohn Goddard49. Football in EnglandStefan Szymanski50. The State of the Italian Football IndustryUmberto Lago51. The Economics of Soccer in SpainJaume García and Plácido Rodríguez 52. Football in GermanyBernd Frick 53. Football in FranceFrédéric Bolotny 54. American Football Michael Leeds 55. Labour Economics on the Hardwood: the NBADavid J. Berri56. European Professional Basketball in Crisis, 1992–2002Didier Primault57. Ice HockeyMarc Lavoie 58. The Economic Development of the Australian Football LeagueRoss Booth 59. Rugby: Strategy and StructureJohn McMillan60. The Economics of Professional RugbyPierre Chaix61. The Economics of CricketIan Preston B. Principal Economic Issues62. Uncertainty of Outcome, Competitive Balance and the Theory of Team SportsStefan Szymanski63. The Objective Function of a TeamStefan Késenne 64. Production Functions for Sporting TeamsJeff Borland65. Revenue SharingStefan Szymanski66. The Reserve Clause in Major League BaseballLawrence Hadley 67. The Retain and Transfer SystemDennis Thomas 68. The Bosman Case and European FootballStefan Késenne 69. The Reverse-Order-of-Finish Draft in SportsLeo H. Kahane 70. Chasing the Elusive Salary CapDaniel R. Marburger71. The Luxury Tax in Professional SportsElizabeth Gustafson 72. ‘At the Top Table’: Player Unions in SoccerBraham Dabscheck73. The Player Transfer System in SoccerFiona Carmichael 74. Player AgentsDaniel S. Mason 75. The Promotion and Relegation SystemStefan Szymanski76. Team Sports and FinanceWladimir Andreff 77. Inelastic Sports Pricing at the Gate? A SurveyRodney Fort78. Financial Innovation in Professional Team Sports: The Case of English Premiership SoccerBill Gerrard 79. Collective Selling of Broadcast Rights in Team SportsSusanne Parlasca80. The Sporting Exception and the Legality of Restraints in the USStefan Szymanski81. The Specificity of Sport and the European Community Law: The Example of NationalityJean-Christophe Breillat and Frank Lagarde82. Sport and Globalisation: Sport as a Global Public GoodJean-François Bourg and Jean-Jacques Gouguet PART VII: DYSFUNCTIONS IN SPORT83. Racial DiscriminationNeil Longley 84. Gender DiscriminationBrad R. Humphreys 85. DopingNicolas Eber 86. CorruptionWolfgang Maennig Index

'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.'

Edited by Wladimir Andreff, Honorary Professor of Economics, Department of Economics, University of Paris 1 Panthéon Sorbonne, France and Stefan Szymanski, University of Michigan, US

• Contents:Introduction: Sport and EconomicsWladimir Andreff and Stefan SzymanskiPART I: SPORT IN THE ECONOMY1. Sports AccountingWladimir Andreff 2. The Production of Professional Team SportsJeff Borland3. The Sports Goods IndustriesWladimir Andreff 4. Sport and GamblingDavid Forrest5. SponsorshipClaude Jeanrenaud 6. International Trade in Sports GoodsWladimir Andreff PART II: DEMAND FOR SPORT7. The Demand for SportJean-Jacques Gouguet8. The Demand for Spectator SportsRob Simmons 9. Attendance at Sports EventsPatrick Feehan 10. The Demand for Sports BroadcastingBabatunde Buraimo 11. The Demand for Media CoverageFrédéric Bolotny and Jean-François BourgPART III: COST–BENEFIT ANALYSIS OF SPORT12. Economic Impact AnalysisVictor Matheson 13. Physical Activity, Sport and HealthJean-François Nys14. Employment in SportDidier Primault 15. Sporting ExternalitiesJean-Jacques Gouguet and Eric Barget16. The Economic Impact of Mega-sporting EventsRobert A. Baade 17. The OlympicsHolger Preuss 18. The World CupMarkus Kurscheidt 19. The Economic Impact of Sporting FacilitiesBrad R. Humphreys20. Voluntary Work in SportWladimir Andreff PART IV: SPORTING GOVERNANCE AND THE STATE21. Governance and Governing Bodies in SportThomas Hoehn22. The Economics of the IOCJean-Loup Chappelet 23. Government Objectives and SportBarrie Houlihan 24. Central Government and SportJean-François Nys25. Sport and FinancingWladimir Andreff 26. Military SportJean-François Nys 27. Local Government and Regional Development in SportCarlos Pestana Barros28. The European Model of SportPeter J. Sloane 29. The Anglo-American Model of SportStefan Szymanski30. Sport in Developing CountriesWladimir Andreff 31. Soviet and Post-Soviet SportSandrine Poupaux 32. International Labour MigrationWladimir Andreff 33. Comparative Advantage of NationsWladimir AndreffPART V: INDIVIDUALISTIC SPORTS 34. The Theory of TournamentsStefan Szymanski35. Implications from the Theory of Contests for Modelling and Designing Sports CompetitionsGerd Muehlheusser 36. Citius, Altius, Fortius: The Production of World Records in the Running and Technical Disciplines in Track and FieldBernd Frick, Joachim Prinz and Frank Tolsdorf 37. On the Competitive Structure in Professional Boxing, Or Why the Best Boxers Very Seldom Fight Each OtherRafael Tenorio38. GolfChantelle Bramley39. The Economics of British HorseracingWray Vamplew 40. The Economics of Collegiate AthleticsKarl W. Einolf41. The Economics of US Intercollegiate Sports and the NCAARobert Sandy42. The Economics of CyclingMichel Desbordes43. Extreme Sports (Climbing and Mountaineering)Gilles Rotillon 44. The Economics of TennisEric Barget PART VI: TEAM SPORTS45. The Development of Team Sports Before 1914Wray Vamplew A. The Economics of Professional Sports and Leagues46. Organisational Models of Professional Team Sports LeaguesAndrew Zimbalist 47. Baseball EconomicsStefan Szymanski48. The Economics of SoccerJohn Goddard49. Football in EnglandStefan Szymanski50. The State of the Italian Football IndustryUmberto Lago51. The Economics of Soccer in SpainJaume García and Plácido Rodríguez 52. Football in GermanyBernd Frick 53. Football in FranceFrédéric Bolotny 54. American Football Michael Leeds 55. Labour Economics on the Hardwood: the NBADavid J. Berri56. European Professional Basketball in Crisis, 1992–2002Didier Primault57. Ice HockeyMarc Lavoie 58. The Economic Development of the Australian Football LeagueRoss Booth 59. Rugby: Strategy and StructureJohn McMillan60. The Economics of Professional RugbyPierre Chaix61. The Economics of CricketIan Preston B. Principal Economic Issues62. Uncertainty of Outcome, Competitive Balance and the Theory of Team SportsStefan Szymanski63. The Objective Function of a TeamStefan Késenne 64. Production Functions for Sporting TeamsJeff Borland65. Revenue SharingStefan Szymanski66. The Reserve Clause in Major League BaseballLawrence Hadley 67. The Retain and Transfer SystemDennis Thomas 68. The Bosman Case and European FootballStefan Késenne 69. The Reverse-Order-of-Finish Draft in SportsLeo H. Kahane 70. Chasing the Elusive Salary CapDaniel R. Marburger71. The Luxury Tax in Professional SportsElizabeth Gustafson 72. ‘At the Top Table’: Player Unions in SoccerBraham Dabscheck73. The Player Transfer System in SoccerFiona Carmichael 74. Player AgentsDaniel S. Mason 75. The Promotion and Relegation SystemStefan Szymanski76. Team Sports and FinanceWladimir Andreff 77. Inelastic Sports Pricing at the Gate? A SurveyRodney Fort78. Financial Innovation in Professional Team Sports: The Case of English Premiership SoccerBill Gerrard 79. Collective Selling of Broadcast Rights in Team SportsSusanne Parlasca80. The Sporting Exception and the Legality of Restraints in the USStefan Szymanski81. The Specificity of Sport and the European Community Law: The Example of NationalityJean-Christophe Breillat and Frank Lagarde82. Sport and Globalisation: Sport as a Global Public GoodJean-François Bourg and Jean-Jacques Gouguet PART VII: DYSFUNCTIONS IN SPORT83. Racial DiscriminationNeil Longley 84. Gender DiscriminationBrad R. Humphreys 85. DopingNicolas Eber 86. CorruptionWolfgang Maennig Index

'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.'