In der aktuellen Fußballberichterstattung ist oft von »modernem Fußball« die Rede. Es entsteht der Eindruck, dass eine bestimmte Spielweise den sportlichen Erfolg garantiert und anderen Strategien grundsätzlich überlegen ist. Aus der Perspektive der evolutionären Finanzwirtschaft kann zu...

The paper presents two building blocks for elaborating on a disequilibrium economics model that fits with empirical evidence of a European team sport (soccer) league where teams are win-maximizing and operate under a soft budget constraint. Going beyond the standard equilibrium model justifies...

A salary cap has been in place in one of Australia’s most popular professional sports since 1990. Since 2001 there have been multiple cases where rugby league teams were found to have notably violated the salary cap. Separate incidents were found to have occurred at the Canterbury Bulldogs,...

This paper investigates the regional economic impact of the 1996 Olympic Games in Georgia. It questions the findings of Hotchkiss, Moore, and Zobay (2003), who identify significant positive effects of the Olympics on employment in Georgia/USA by first challenging their approach that used a level...

Due to recent deaths of known enforcers in professional hockey, the role of fighting in the sport has come under increased scrutiny. This study examines the role of fighting, along with other factors, as it relates to attendance in the top developmental minor league for the NHL, the American...

<em>Super Golfonomics</em> continues along the path of Professor Shmanske's pathbreaking <em>Golfonomics</em>. It uses economic and statistical analysis of the sport of golf for three main purposes, (1) For the enjoyment of golfers and fans of professional golf, (2) to teach a little economics and show how it can...

The competition rules and policy framework of the European Union represents an important institutional restriction for doing sports business. Driven by the courts, the 2007 overhaul of the approach and methodology has increased the scope of competition policy towards sports associations and...

In this paper, we discuss from an economic perspective two alternative views of restrictions of competition by sports associations. The horizontal approach views such restrictions as an agreement among the participants of a sports league with the sports association merely representing an...

We try to better understand possible reasons for deviations between statistically-measured competitive balance (CB) and perceived CB. Moreover, we suggest answers to the following questions: are there specific dimensions of CB that are perceived to be significantly less balanced in the Danish...

This paper provides an economic analysis of the competition effects of UEFA's financial fair play regulations. It concludes that the restrictive effects of the break-even rule cannot be justified by a legitimate objective defense (according to European competition policy) because significant...