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The (monetary) value of competitive balance for sport consumers : a stated preferences approach to European professional football
Pawlowski, Tim; Budzinski, Oliver - 2012
Ever since the pioneering work of Rottenberg (1956) and Neale (1964), the uncertainty of outcome hypothesis (UOH) has played a major role in the economic analysis of professional sport leagues. However, decades f empirical research have not been successful in establishing clear evidence for the...
Persistent link: https://www.econbiz.de/10009671541
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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 This finding is significant as the ERC has been replaced by a new competition which...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
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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
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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
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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
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Effects of Tourism Upon the Economy of Small and Medium-Sized European Cities : Cultural Tourists and 'The Others'
Del Corpo, Barbara; Gasparino, Ugo; Bellini, Elena; … - 2008
major steps: firstly, interviews to tourists in each case study city, in order to estimate the scale and variability of the … spending patterns of different profiles of visitors (e.g., culture-driven vs. leisure tourists); secondly, application of the … the effects of tourist expenditure on sales, income and employment for the several impacted economic sectors. Tourists …
Persistent link: https://www.econbiz.de/10014217715
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The (Monetary) Value of Competitive Balance for Sport Consumers : A Stated Preferences Approach to European Professional Football
Pawlowski, Tim - 2012
Ever since the pioneering work of Rottenberg (1956) and Neale (1964), the uncertainty of outcome hypothesis (UOH) has played a major role in the economic analysis of professional sport leagues. However, decades of empirical research have not been successful in establishing clear evidence for the...
Persistent link: https://www.econbiz.de/10013099219
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Moving Towards Behavioral Stadium Attendance Demand Research : First Lessons Learned from Exploring Football Spectator No-Show Behavior in Europe
Schreyer, Dominik - 2021
Stadium attendance demand research is firmly anchored in the literature on the economics of sports. In fact, we sports economists, in particular, have tested both Rottenberg’s (1956) original stadium attendance demand specification and its extensions extensively over the last few decades....
Persistent link: https://www.econbiz.de/10013237334
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Should organizing premier-level European football be a monopoly? : and who should run it? - an economists' perspective
Budzinski, Oliver; Feddersen, Arne - 2022
The controversy around the breakaway European Super League, set to conquer the UEFA Champions League, and the surrounding antitrust proceedings revive the academic discussion about the monopoly power of sport-internal governing bodies (like the UEFA), the justification for and limits of their...
Persistent link: https://www.econbiz.de/10013367751
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European Union; Publication of Financial Sector Assessment Program Documentation ––Technical Note on European Insurance and Occupational Pensions Authority Assessment
International Monetary Fund (IMF); International … - 2013
Slow economic growth and continuing low interest rate environment is putting pressure on the insurance sector. Delays in the implementation of Solvency II could create vulnerabilities in the insurance sector. The approval of internal models is important for determining adequacy of capital levels...
Persistent link: https://www.econbiz.de/10011243709