Description
Book SynopsisThe vast sums of money generated by sport worldwide have meant that the laws of economic competition, as well as sporting competition, have an important role to play in the organisation and regulation of the industry.
This book offers a comparative perspective on the economics of sport and highlights both the similarities and differences in the North American and European models of sport. It tackles policy issues, such as the organising, financing and regulation of team sports alongside theoretical issues regarding income redistribution and competitive balance. It also evaluates the impact of sport and sports events on local communities and the wider economy providing a useful contrast of methods and results on the two continents.
Transatlantic Sport will be of great interest to sports economists but will also be of wider interest to scholars of competition and economics in general.
Table of ContentsContents: Preface Transatlantic sport: an introduction Carlos Pestana Barros, Muradali Ibrahímo and Stefan Szymanski PART 1 PUBLIC POLICY AND SPORTS ECONOMICS 1. European and US sports business models Wladimir Andreff and Paul D. Staudohar 2. The regulation of professional team sports Peter J. Sloane 3. The distribution of income in European football: big clubs, small countries, major problems H.F. Moorhouse PART 2 ECONOMIC THEORY AND TEAM SPORTS 4. Improving the competitive balance and the salary distribution in professional team sports Stefan Kesenne 5. Equality of opportunity and equality of outcome: static and dynamic competitive balance in European and American sports leagues Stefan Szymanski and Ron Smith PART 3 COST–BENEFIT ANALYSIS AND SPORTS 6. Bidding for the Olympics: fool’s gold? Robert A. Baade and Victor Matheson 7. Economic impact of sporting events: what has to be measured? J.J. Gouguet 8. The Soccer World Cup 2006 in Germany: choosing match locations by applying a modified cost–benefit model Bernd Rahmann and Markus Kurscheidt 9. Sports policy at regional level: estimating the economic value of amateur sports managers Carlos Pestana Barros and Jaime Lucas Index
