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Outcome Uncertainty And The Demand For Football


Outcome Uncertainty And The Demand For Football
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Outcome Uncertainty And The Demand For Football


Outcome Uncertainty And The Demand For Football
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Author : J. A. Cairns
language : en
Publisher:
Release Date : 1988

Outcome Uncertainty And The Demand For Football written by J. A. Cairns and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.




Uncertainty Of Outcome And The Demand For Football


Uncertainty Of Outcome And The Demand For Football
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Author : John Alexander Cairns
language : en
Publisher:
Release Date : 1988

Uncertainty Of Outcome And The Demand For Football written by John Alexander Cairns and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Economics categories.




Outcome Uncertainty In Sporting Events


Outcome Uncertainty In Sporting Events
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Author : Plácido Rodríguez
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-06-26

Outcome Uncertainty In Sporting Events written by Plácido Rodríguez and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-26 with Business & Economics categories.


This book examines competitive balance and outcome uncertainty from multiple perspectives. Chapters address the topic in different sports in a range of countries, to help to understand its significance. It provides readers with important new insights into previously unexplored dimensions as well as a rich context for better understanding why fans, teams, and leagues value competitive balance. The book challenges readers to think about the topic in a broad and rigorous way, and in some cases to question widely held beliefs about how outcome uncertainty motivates competitive balance, and how sports fans actually view competitive balance.



Uncertainty Of Outcome And Attendance


Uncertainty Of Outcome And Attendance
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Author : Ksenia Baidina
language : en
Publisher:
Release Date : 2017

Uncertainty Of Outcome And Attendance written by Ksenia Baidina and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.


In this study, we estimate an attendance demand model in a reduced form, with an uncertainty as one of the determinants of demand, to test the Uncertainty of Outcome Hypothesis (UOH). Data from the Russian Football Premier League (RFPL) are used here. These data fit our requirements for two reasons. First, there are few sellout matches, so demand for tickets in the RFPL is not restricted by stadium capacity. Secondly, there have hitherto been no articles devoted to the study of outcome uncertainty in the RFPL. The results indicate that the UOH does not explain the behavioral pattern of attendees in the RFPL. The dependence between the attendance and uncertainty is found to be U-shaped or even declining. Our results contradict those of Rascher and Solmes (2007) and Lemke et al. (2010) and are more in line with the findings of Coates et al. (2014). However, in contrast to Coates et al. (2014), who utilizes a reference-dependent preferences model, we explain such U-shaped dependence by the visiting team effect; an attendee's utility in the RFPL depends more on seeing a top team coming to the city than on the uncertain outcome of the match.



Brands Or Uncertainty An Empirical Test Of The Uncertainty Of Outcome Hypothesis In Russian Football


Brands Or Uncertainty An Empirical Test Of The Uncertainty Of Outcome Hypothesis In Russian Football
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Author : Petr Parshakov
language : en
Publisher:
Release Date : 2017

Brands Or Uncertainty An Empirical Test Of The Uncertainty Of Outcome Hypothesis In Russian Football written by Petr Parshakov and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.


This study estimates an attendance demand model in a reduced form, with uncertainty as one of the determinants of demand, to test the Uncertainty of Outcome Hypothesis (UOH), using data from the Russian Football Premier League (RFPL). These data fit our requirements for two reasons. First, there are few sellout matches, so demand for tickets in the RFPL is not restricted by stadium capacity. Secondly, there have hitherto been no articles devoted to the study of outcome uncertainty in the RFPL. The results indicate that the UOH does not explain the behavioural pattern of attendees in the RFPL. The dependence between the attendance and uncertainty is found to be U-shaped or even declining. We explain the U-shaped dependence by the visiting team effect; an attendee's utility in the RFPL depends more on seeing a top team coming to the city than on the uncertainty of the outcome of the match.



Outcome Uncertainty And Attendance Demand In Sport


Outcome Uncertainty And Attendance Demand In Sport
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Author : David Forrest
language : en
Publisher:
Release Date : 2001

Outcome Uncertainty And Attendance Demand In Sport written by David Forrest and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.




Handbook On The Economics Of Sport


Handbook On The Economics Of Sport
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Author : Wladimir Andreff
language : en
Publisher: Edward Elgar Publishing
Release Date : 2006

Handbook On The Economics Of Sport written by Wladimir Andreff and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Sports & Recreation categories.


The editors should be commended for taking on such a big task, and succeeding so well. This book should be in the library of every institution where students have to write a paper that may be related to sport, or on the shelf of any lecturer teaching economics or public finance who has even a remote interest in sport. The material is very accessible, and useful in many different settings. Ruud H. Koning, Jahrbücher f. Nationalökonomie u. Statistik Edward Elgar s brilliant market niche is identifying a topic in economics, finding editors who know the area backwards and challenging them to assemble the best cross-section of relevant articles either already published or newly commissioned. Handbook on the Economics of Sport is Edward Elgar at its very best. If you love economics you ll find many fascinating insights here; if you love sport but know little economics then this book is mostly accessible and will teach you a lot; and if you are a sports-mad economist then you will be in hog heaven. Furthermore, if, like this reviewer, you are broadly very sceptical about the reports consultants produce for governments on the supposed economic windfall from hosting a big event or subsidising a stadium then you will get a lot of good counter-arguments in this volume. Indeed there are several chapters on the above theme that I m sure I ll be copying frequently to government officials in years to come. . . The demand for sport is a fascinating subject and it is hard to pick out just one chapter from the second section. Read them all they make a wonderful 65-page treat. . . Part VI was a real feast, a smorgasbord. . . This is a magnificent piece of work and the 36-page index rounds it all off splendidly. John Blundell, Economic Affairs The book covers the most important areas of research of an emerging economic sub-discipline spanning the past half a century. It serves admirably the purpose of an introduction into the rich and growing area of reflection for all concerned. . . the editors and authors of the Handbook have done a commendable job of accumulating sophisticated material for many economists, managers, politicians and self-conscious fans, who are sure to find excellent training ground for the whole heptathlon. . . This book will be invaluable for advanced students investigating professional sport. From the point of view of lawyers, particularly those engaged with the relationship between law and sports governance, the Handbook offers invaluable analysis of the economic issues that are alluded to in those debates but rarely examined in detail. . . These insights will also prove useful for policy analysts and sports administrators for whom many sections should be considered mandatory reading. Aleksander Sulejewicz, Journal of Contemporary European Research Over 800 pages on the economics of sport. What a feast! What a treat! The editors have done a wonderful job both in terms of breadth from David Beckham to child labour in Pakistan and depth, tournaments and luxury taxes for example. . . The 86 chapters are uniformly of a very high standard and illuminating. And there are real gems in some of the contributions. British Journal on the Economics of Sport This very interesting and comprehensive book achieves its objective, namely to present an overview of research in sports economics at an introductory level. . . [The editors] have produced an excellent reference book that belongs in all academic institutions libraries. It provides extensive introduction to the growing body of literature in the rising field of economics of sport. The book s relevant monographs should be read by institutions, cities and countries prior to their committing major resources towards sports facilities or a sporting event. James Angresano, Journal of Sports Economics One could think of this book as the sports-and-economics counterpart to Joy of Cooking, because it will satisfy the needs of those with a keen interest in such subjects as the



Football Economics And Policy


Football Economics And Policy
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Author : S. Szymanski
language : en
Publisher: Springer
Release Date : 2010-03-31

Football Economics And Policy written by S. Szymanski and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-31 with Business & Economics categories.


This volume deals with the competitive structure of football. It examines the relationship between sporting success and economic variables, the structure of European competitions, financial problems in football, their origins and options for reform, racial discrimination in English football, and the economic impact of the World Cup.



Competitive Balance And Demand For Football


Competitive Balance And Demand For Football
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Author : Tsjalle van der Burg
language : en
Publisher:
Release Date : 2022

Competitive Balance And Demand For Football written by Tsjalle van der Burg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.


In European men's club football, competitive balance is decreasing, and therefore uncertainty of outcome too. The empirical studies do not give a clear unanimous answer to the question whether this decrease leads to lower utility for the fans, and so to lower welfare, hence this critical review of the literature. Three types of uncertainty of outcome have been distinguished in the literature: short-term, seasonal, and long-term, with possible different dimensions within one type. The paper argues that it is justified to interpret the literature in the following way: a decrease in one or two types of uncertainty of outcome, or a certain more specific dimension, can lead to serious reductions in welfare, while the conclusion may be different for other types or dimensions. Several studies suggest that a decrease in competitive balance has no effect on welfare, or just a small effect, as long as the competitive balance remains above some minimum level (or range) whereas once the competitive balance is below the minimum level, any further decrease in it results in serious reductions in welfare. Taking these and other points into account, the conclusion of the review is that it is highly plausible that the present level of competitive balance is below the welfare-maximising level in most competitions at least, and any further decrease in competitive balance will seriously reduce welfare.



The Economics Of Football


The Economics Of Football
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Author : Stephen Dobson
language : en
Publisher: Cambridge University Press
Release Date : 2011-02-10

The Economics Of Football written by Stephen Dobson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02-10 with Business & Economics categories.


The second edition of this popular book presents a detailed economic analysis of professional football at club level, with new material included to reflect the development of the economics of professional football over the past ten years. Using a combination of economic reasoning and statistical and econometric analysis, the authors build upon the successes and strengths of the first edition to guide readers through the economic complexities and peculiarities of English club football. It uses a wide range of international comparisons to help emphasize both the broader relevance as well as the unique characteristics of the English experience. Topics covered include some of the most hotly debated issues currently surrounding professional football, including player salaries, the effects of management on team performance, betting on football, racial discrimination and the performance of football referees. This edition also features new chapters on the economics of international football, including the World Cup.