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This book is written in honor of Horst Brezinski and explores a
wide and diverse range of topics related to comparative economic
studies. Containing contributions from a number of former
Presidents of the European Association for Comparative Economic
Studies, the chapters discuss the hard budget constraint, economic
transformation in Central Eastern Europe, illiberal democracy,
sovereign wealth fund, higher education, the euro, the shadow
economy, multinational companies, and economic power. Additional
attention is given to new areas of study such as the digital
economy and sports economics. This book aims to examine comparative
economies across a wide range of geographical areas including
China, Hungary, the United Kingdom, Poland, and the United States
and will be relevant to those interested in emerging and transition
economies, the political economy, economic policy, and
international relations.
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 principal researchers' views on the unanswered
questions that face us today. Issues covered include: * sport in
the economy * the demand for sport * cost-benefit analysis of sport
* sporting governance and the state * individualistic sports * team
sports * dysfunctions in sport including discrimination, doping and
corruption. It is an indispensable guide to one of the most lively
and rapidly evolving fields of economics.
Andreff and his contributors bring a strong dose of reality to the
economic modelling of sports leagues. Disequilibrium Sports
Economics provides an intellectually compelling opening and a
theoretically necessary antidote to the study of sports economics.'
- Andrew Zimbalist, Smith College, US'This is an interesting book
worth reading for every sports economist because it introduces a
thought provoking approach to the growing field of sports
economics. The authors show how disequilibrium economics may
improve our understanding of puzzling economic phenomena in sports.
I congratulate the editor and the contributors for this new book
and the novel perspectives provided therein!' - Helmut M. Dietl,
University of Zurich, Switzerland 'I felt great intellectual
excitement after getting acquainted with this volume. The high
quality papers by Wladimir Andreff and his co-authors are more
significant than the topic indicated modestly by the title; they
may not only urge economists of sport to reconsider their earlier
theories, but may also provide inspiration and a new momentum to
the wide research program on disequilibrium and the soft budget
constraint.' - Janos Kornai, Harvard University, US and Corvinus
University of Budapest, Hungary 'This book sounds like a
theoretical breakthrough towards a new approach in sports economics
that generates important insights into the issue of financial fair
play in football.' - Andrea Traverso, Head of Club Licensing and
Financial Fair Play, UEFA 'This path-breaking volume contains novel
analysis of problems of critical importance to sports clubs,
leagues, fans and academics interested in sports.' - Robert
Simmons, Lancaster University Management School, UK For decades,
sports economics has been set within the framework of equilibrium
economics, in particular when modelling team sport leagues. Based
on a conviction that this does not reflect real life, this book
addresses a gap in the literature and opens up a new research area
by applying concepts drawn from disequilibrium economics. It is
divided into two parts, the first of which focuses on economic
disequilibrium in sports markets and competitive imbalance in
sporting contests. The second part concentrates on soft budget
constraints and their consequences for club governance and
management. This pioneering book is the first to tackle
non-mainstream economics in sport and offers a first approach to
disequilibrium sports economics. Providing a new metric of
competitive balance and opening up new avenues of future research,
this is essential reading for economists and those researching
sport across many disciplines. Contributors: W. Andreff, E. Franck,
J.-P. Gayant, N. Le Pape, R.D. Macdonald, K. Nielsen, R.K. Storm,
G.N. Tuck, D. van Reeth, A.R. Whitten
This book brings together specialists from different areas (governance, regulation, macro-econometrics, micro-econometrics, enterprise culture, foreign direct investment, technology transfer) to focus on the many different aspects of the privatization process in transition economies. The book does not dwell on the administrative or procedural aspects of privatization. Instead it attempts to understand the bigger picture in terms of underlying policy environment and supporting legal and economic measures which helped to a large extent to determine the eventual success or failure of privatization programs.
This Palgrave Pivot surveys facts and cases exhibiting and
exemplifying corruption in sport. The standard economic theory
(economics of crime, game theory) is introduced alongside the
economic methods (sanctions, etc.) which are currently derived from
it to combat corrupt sport and their limitations. The complexity
and multidimensional nature of sports corruption are examined, and
a focus is applied to certain types of corruption that are unique
to the sports industry. Corruption is revealed to be the outcome of
weak and deficient governance structures. The book is divided into
three volumes. Volume II presents a variety of corruption facts in
different sports, in different countries and continents in order to
exhibit how much corrupt sport is globalised. Some changes in
governance are suggested that may pave the way to more effective
combat against corruption in sports. Volumes I and III (available
separately) address Sport Manipulations and Economic Crime in
Sport, respectively. This book will be of interest to students,
researchers and journalists in sports science, sports management
and sports economics.
This Palgrave Pivot provides a comprehensive overview of economic
aspects to criminal behaviour in sport. It addresses manipulations,
dysfunctions, distortions and crimes triggered by economic
interests or pure greed in sports, and challenges the governance of
this important industry. Topics covered include hazing, sabotage,
refereeing bias, technological manipulations, tanking, bad
management, financial doping, ticket touting, circumventing the law
through sport, discrimination and child labour. The book is divided
into three volumes. Volume I covers those economic manipulations
that breach sports rules, sporting integrity, violate managerial
rules and the law, and infringe human rights in sport. It builds up
a typology of sport manipulations which makes sense from an
economic standpoint, not only from a sporting or judicial
perspective. Volumes II and III (available separately) focus on
Corruption and Economic Crime in Sport, respectively. This book
will be of interest to students, researchers and journalists in
sports science, sports management and sports economics.
This Palgrave Pivot forms the final part of Andreff's trilogy
reviewing the economic aspects of criminal behaviour in sports. In
this volume, Andreff focuses on the most economically significant
manipulations jeopardising the future of current, modern, sport:
rigged online sport betting and doping. The former is framed as a
new business undertaken by global criminal networks linked to
economic globalisation, whilst the latter discusses empirical
evidence, definitions, regulations and various regional and
sporting case studies. Andreff summarises by using game theory to
propose a new incentive scheme that could act as a solution for
addressing such criminal activity in future. Volumes I and II
(available separately) address Sport Manipulations and Corruption
in Sport respectively. This book will be of interest to students,
researchers and journalists in sports science, sports management
and sports economics.
'Written by some of the most prominent scholars in sports
economics, this book focuses on issues that have been less
investigated in the traditional literature so far. The covered
topics range from specific questions of sport governance and sport
finance to sport betting. In my view, the collection is a 'must'
for all readers seeking to overstep the beaten track.' - Egon
Franck, University of Zurich, SwitzerlandThe development of sports
economics has exploded in recent years, and this well-researched
and relevant book explores some of the most critical themes.
Contemporary Issues in Sports Economics examines topics that have
previously received little attention in the literature, such as the
determinants and social impacts of sports participation including
the link to crime levels. The distinguished authors also discuss
some of the less investigated aspects of professional team sports,
including: * sports betting, financing and governance * the impact
of low scoring matches on competitive balance and fan appeal in
European football * the effect on player transfers of a luxury tax
on club payrolls in Major League Baseball. This invaluable book
will appeal to graduate and postgraduate students in sports
economics, sport management and sport sciences, as well as managers
and coaches involved with clubs, leagues and federations. Sports
participants, fans, bookmakers and bettors will also find much to
interest them in this unique and insightful study. Contributors: W.
Andreff, M. Breuer, R. Caruso, F. Daumann, P. Dawson, P. Downward,
J. Garcia, J.G. Maxcy, L. Perez, G. Raballand, P. Rodriguez, S.
Szymanski
This book is written in honor of Horst Brezinski and explores a
wide and diverse range of topics related to comparative economic
studies. Containing contributions from a number of former
Presidents of the European Association for Comparative Economic
Studies, the chapters discuss the hard budget constraint, economic
transformation in Central Eastern Europe, illiberal democracy,
sovereign wealth fund, higher education, the euro, the shadow
economy, multinational companies, and economic power. Additional
attention is given to new areas of study such as the digital
economy and sports economics. This book aims to examine comparative
economies across a wide range of geographical areas including
China, Hungary, the United Kingdom, Poland, and the United States
and will be relevant to those interested in emerging and transition
economies, the political economy, economic policy, and
international relations.
Privatisation and Structural Change in Transition Economies brings
together specialists from different areas (governance, regulation,
macro-econometrics, micro-econometrics, enterprise culture, foreign
direct investment, technology transfer) to focus on the many
different aspects of the privatization process in transition
economies. The book does not dwell on the administrative or
procedural aspects of privatisation. Instead it attempts to
understand the bigger picture in terms of underlying policy
environment and supporting legal and economic measures which helped
to a large extent to determine the eventual success or failure of
privatization programmes.
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 principal researchers' views on the unanswered
questions that face us today. Issues covered include: * sport in
the economy * the demand for sport * cost-benefit analysis of sport
* sporting governance and the state * individualistic sports * team
sports * dysfunctions in sport including discrimination, doping and
corruption. It is an indispensable guide to one of the most lively
and rapidly evolving fields of economics.
In this open access book the cost and revenue overruns of Olympic
Games from Sydney 2000 to PyeongChang 2018 from eight years before
the Games to Games-time are investigated to provide a base for
future host cities. The authors evaluated the development of
expenditure and revenues of the organizing committees to operate
the event, and the investment of taxpayers' money for Olympic
venues (non-OCOG budget). The study is based on data collected
worldwide and is currently the most advanced study on cost and
revenue changes of Olympic Games.
In this authoritative collection, Professor Andreff presents the
most significant articles published over the last decade or so by
leading scholars in the field of sports economics. The volumes
cover a wide spectrum of approaches to the subject. Some articles
delve more deeply into existing issues such as the economic impact
of professional sport, sports events and sports facilities. Some
extend sports economics into new areas such as the measurement of
the overall US sports economy, the economic underdevelopment of
sports in developing countries and the global trade in sports
goods. Others offer a synthetic view of important recent
developments in the field, including the demand for sport, facility
finance, the economics of promotion and relegation in sports
leagues and competitive balance. Professor Andreff has written a
comprehensive new introduction which gives a thorough overview of
this topical subject.
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