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 recent years, interest in tourism has spread rapidly throughout many small and medium European cities, which previously have not necessarily considered themselves as tourist destinations. Tourism is increasingly seen as a potential lever towards high economic growth, measured both in terms of...

We analyze the impact of three different transfer fee systems on payoffs, contract lengths, training and effort incentives in European football. The different regimes, being used until 1995 (?Pre-Bosman? or P), currently in use (?Bosman? or B), and recently approved (?Monti? or M) differ with...

This paper deals with EU-Directive 89/552/EEC "Television Without Frontiers", which enables each EU-country to set up a list of major events that are not allowed to be transmitted in Pay-TV. We analyze this kind of regulation using instruments of game-theory and monopoly-theory. We compare the...

According to statistics, 2007 brought benefits to Romanian tourism, registering a number of almost 7 million tourists accommodated in touristic units of Romania. Yet, the percentage of foreign tourists was only of 22.2% in all, their number of housing being of 17.4%. The fact that Romania has...

The paper presents the results of the application of an Input-Output-based approach for the estimation of direct, indirect and induced effects of tourist spending on local economies, in a static partial equilibrium setting. The methodology has been successfully applied in three case studies -...

Formula 1 drivers are fast if they have a good car, but the value of a good driver alone is not clear. This paper evaluates the performance of drivers and cars independently in an econometric model over the last 56 years of Formula 1 racing. The model includes controls for weather, drivers...

This article seeks to illustrate some of the balances which need to be reached in gambling regulation in the context of the internal market. Such balances are to be found at both the national and European levels. Although the regulation of gambling is currently a national competence, Member...

In recent years, interest in tourism has spread rapidly throughout many small and medium European cities, which previously have not necessarily considered themselves as tourist destinations. Tourism is increasingly seen as a potential lever towards high economic growth, measured both in terms of...

The study addresses the need for assessment of football clubs through a single integrating index, representative for the industry. The research goals target the aggregating of a set of relevant sport, economic and social variables in a composite index with statistical relevance. To this effect,...