Similar Search Results

EU competition law: an unaffordable luxury in times of crisis?

Massey, Patrick; McDowell, Moore - 2020

The paper looks at two aspects of the Covid-19 pandemic. These are (i) the nature of this event and its implication for evaluating past policy and policy into the future, and (ii) the suitability of proposed changes in the implementation of competition policy affecting firm behaviour, market...

Persistent link: https://www.econbiz.de/10012221295

Analysing match attendance in the European Rugby Cup

Hogan, Vincent; Massey, Patrick; Massey, Shane - 2014

Using data from 1,226 matches played over 18 seasons, we analyse match attendances in the group stages of the European Rugby Cup (ERC). We find that short-run (match) uncertainty had little effect on attendances. This finding is significant as the ERC has been replaced by a new competition which...

Persistent link: https://www.econbiz.de/10010399298

Competitive balance : results of two natural experiments from Rugby Union ; [paper presented to the 6th Annual Conference of the European Sports Economics Association, University o...

Hogan, Vincent; Massey, Patrick; Massey, Shane - 2014

The paper presents results from two natural experiments on the impact of revenue sharing and salary caps on competitive balance in sports leagues arising from the introduction of professionalism in Rugby Union in 1995. The first involves the English Premiership, which traditionally applied a...

Persistent link: https://www.econbiz.de/10010401961

Late conversion : the impact of professionalism on European rugby union

Hogan, Vincent; Massey, Patrick; Massey, Shane - 2011

Rugby union only went professional in 1995, much later than other major team sports resulting in major changes in league structures. Different arrangements regarding revenue sharing and salary caps between the three main European rugby leagues provides an opportunity to test the impact of such...

Persistent link: https://www.econbiz.de/10009731745

Analysing determinants of match attendance in the European Rugby Cup

Hogan, Vincent; Massey, Patrick; Massey, Shane - 2012

The economic literature on professional sports leagues suggests supporters' utility depends on uncertainty of outcome (competitive balance) and the quality of play. Unlike soccer, where the Champions League is dominated by teams from larger countries, our analysis indicates that the ERC exhibits...

Persistent link: https://www.econbiz.de/10009733728

Competitive balance and match attendance in European rugby union leagues

Hogan, Vincent; Massey, Patrick; Massey, Shane - 2012

The paper analyses the impact of the relatively belated move to professionalism in Rugby Union. We use data on match attendance for 3,667 fixtures in European club Rugby over 15 seasons to estimate the effect of competitive balance on attendance. We find that (short- and medium-term) competitive...

Persistent link: https://www.econbiz.de/10009733752

How does risk flow in the credit default swap market?

D'Errico, Marco; Battiston, Stefano; Peltonen, Tuomo; … - 2016

We develop a framework to analyse the Credit Default Swaps (CDS) market as a network of risk transfers among counterparties. From a theoretical perspective, we introduce the notion of flow-of-risk and provide sufficient conditions for a bow-tie network architecture to endogenously emerge as a...

Persistent link: https://www.econbiz.de/10011975749

Mapping the interconnectedness between EU banks and shadow banking entities

Abad, Jorge; D'Errico, Marco; Killeen, Neill; Luz, Vera; … - 2017

This paper provides a unique snapshot of the exposures of EU banks to shadow banking entities within the global … challenging when shadow banking entities are domiciled in different jurisdictions. The analysis shows that many of the EU banks …' exposures are towards non-EU entities, particularly US-domiciled shadow banking entities. At the individual level, banks …

Persistent link: https://www.econbiz.de/10011976217