In professional rugby, the right mix of centralization and decentralization must be found, with both coordination from the rugby union and autonomy for the provincial teams. Too much central control could undermine the credibility of the playing-field competition; too little could allow...

This paper (a) provides a framework for quantifying any economy's flexibility, and (b) reviews the evidence on New Zealand firms' birth, growth and death. The data indicate that, by and large, the labour market and the financial market are doing their job. Creative destruction “revolutionizes...

This comprehensive Handbook provides a survey of all the major research areas in sports economics written by almost all of the active researchers in this field. It offers not only an accessible insight into the major findings of the literature but also presents some of the world’s...

This paper (a) provides a framework for quantifying any economy’s flexibility, and (b) reviews the evidence on New Zealand firms’ birth, growth and death. The data indicate that, by and large, the labour market and the financial market are doing their job.

Of the alternative spectrum allocation methods -- administrative process, lottery, first come first served, and auction -- economic theory, as well as various countries' experiences, show that auctioning works best. As well as raising revenue, an auction assigns licenses to the firms best able...