Fritz, Oliver; Schratzenstaller, Margit; Smeral, Egon; … - In: WIFO Monatsberichte (monthly reports) 77 (2004) 9, pp. 697-707
Practicing sports as well as the organization of sports events generate considerable positive external effects which cause an inefficiently low provision of private funds and thus justify public interventions in the sports market. For instance, organising competitions and providing sports...