nep-spo 2007-08-18 papers

on Sports and Economics

Issue of 2007‒08‒18
two papers chosen by
Joao Carlos Correia Leitao
University of the Beira Interior

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

Economic Determinants of Participation in Physical Activity and Sport

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
URL:	http://d.repec.org/n?u=RePEc:spe:cpaper:0619&r=spo

Efficient Inequity–Averse Teams

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
URL:	http://d.repec.org/n?u=RePEc:trf:wpaper:210&r=spo

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