Organizational Forms in Professional Cycling –Efficiency Issues of the UCI Pro Tour

This paper gives a first economic approach to pro cycling and analyses the changes induced bythe newly introduced UCI Pro Tour on the racing teams’ behaviour. We develop an oligopolistic model startingfrom the well known Cournot framework to analyse if the actual setting of the UCI Pro Tour leads to a partiallyunmeant behaviour of the racing teams.[...]

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Year of publication:	2006-08-01
Authors:	Rebeggiani, Luca ; Tondani, Davide
Institutions:	Universität <Hannover> / Wirtschaftswissenschaftliche Fakultät
Subject:	Wettbewerb \| market microstructure \| Sportökonomie \| sports- business administration \| Oligopoltheorie

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1. Introduction
2. An economic spotlight on professional cycling
2.1. Historical overview
2.2. The UCI Pro Tour
2.3. Economic structure of professional cycling
2.4. Peculiarities of professional cycling
3. The new UCI Pro Tour – A Theoretical analysis
3.1. The optimal number of teams
3.2 The choice of the closed league
3.2. Rents and competitive balance in an oligopolistic setting
3.3. Disutility and differentiation
4. Empirical verification
5. Efficiency improvements
5.1. The introduction of a promotion/relegation system
5.2. The implementation of an open league in UCI Pro Tour
6. Conclusion
References

Persistent link: https://www.econbiz.de/10005867490