nep-spo New Economics Papers
on Sports and Economics
Issue of 2007‒08‒18
two papers chosen by
Joao Carlos Correia Leitao
University of the Beira Interior

  1. Economic Determinants of Participation in Physical Activity and Sport By Brad R. Humphreys; Jane E. Ruseski
  2. Efficient Inequity–Averse Teams By Jianpei Li

  1. By: Brad R. Humphreys (Department of Recreation, Sport and Tourism, University of Illinois); Jane E. Ruseski (Department of Kinesiology and Community Health, University of Illinois)
    Abstract: This paper examines the economic determinants of participation in physical activity by developing and analyzing a consumer choice model of participation and by testing the predictions of this model using data drawn from the Behavioral Risk Factor Surveillance Survey (BRFSS). Both emphasize that individuals face two distinct decisions: (1) should I participate in sport?; and (2) how much time should I spend participating in sport? The evidence highlights the importance of selectivity. The economic factors that affect these two decisions work in opposite directions; factors that increase the likelihood of participation generally decrease the amount of time spent participating.
    Keywords: physical activity, time allocation, health production
    JEL: I20 I12 I18 L83
    Date: 2006–07
  2. By: Jianpei Li
    Abstract: This paper analyzes the efficiency of team production when agents exhibit other regarding preferences. It is shown that full efficiency can be sustained as an equilibrium through a budget-balancing mechanism that punishes some randomly chosen agents if output falls short of efficient level but distributes the output equally otherwise, provided that the agents are sufficiently inequity averse.
    Keywords: moral hazard, team production, inequity aversion
    JEL: C7 D7 D63 L2
    Date: 2007–05

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