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We analyse the spatial attendance spillover applying spatial panel-data models with the Italian Football League data … on attendance distribution and then competitive balance; spillover implies an interaction between the two exclusive … create attendance variations across member teams. The final outcome depends on the spillover sign, the network structure, and …
Persistent link: https://www.econbiz.de/10014331902
This paper gives a first economic approach to pro cycling and analyses the changes induced by the newly introduced UCI Pro Tour on the racing teams? behaviour. We develop an oligopolistic model starting from the well known Bertrand and Cournot frameworks to analyse if the actual setting of the...
Persistent link: https://www.econbiz.de/10010262961
This paper provides an empirical analysis on the effectiveness of incentives when pay-offs were changed. Using data on Portuguese first division football matches the effects of the introduction of the so called three-point rule are analyzed applying panel count data techniques.
Persistent link: https://www.econbiz.de/10010263409
Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of non-ordinary industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment...
Persistent link: https://www.econbiz.de/10003865724
Despite still being younger than a decade, the theory of multisided market has offered numerous valuable insights for the analysis of industries in which a supplier serves two distinct customer groups that are indirectly interrelated by externalities. Examples include payment systems, matching...
Persistent link: https://www.econbiz.de/10003821599
ticket prices and player expenditure. The attendance affect is consistent with some limited, anecdotal data currently …
Persistent link: https://www.econbiz.de/10008987654
In this paper an analysis of the determinants of attractiveness of the Formula One is attempted. Therefore the concept of competitive balance will be explained and applied. The principal item of this analysis will be the result that there is an optimal level of competitive balance which...
Persistent link: https://www.econbiz.de/10009374775
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...
Persistent link: https://www.econbiz.de/10009505624
This paper investigates firm survival in professional football, arguing that the relegation and promotion system in football leagues is very similar to firm exits and entries in traditional goods and service markets. Empirically, we use a dataset containing information on how long football teams...
Persistent link: https://www.econbiz.de/10009731780
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