nep-spo New Economics Papers
on Sports and Economics
Issue of 2018‒01‒29
two papers chosen by
João Carlos Correia Leitão
Universidade da Beira Interior

  1. Economics of professional football By Besters, Lucas
  2. The valuation of publicly financed sport’s arenas By Wiker, Dagmara

  1. By: Besters, Lucas (Tilburg University, School of Economics and Management)
    Abstract: This dissertation contains four chapters, all with a different topic that is of interest from a sports economic perspective. More specifically, from the economic perspective of professional football. Football is the most popular sport within Europe and the data that is used in the analyses stems from English and Dutch professional football. The topics also relate to elements outside of the sports domain. For example, the effectiveness of in-season coach changes shows resemblance to managerial changes within organisations (Chapter 2). Stadium attendance demand relates to the entertainment industry and describes consumer preferences in uncertain situations (Chapter 3). Furthermore, the selection system for talent in youth professional football is comparable to other selections system, such as in school grades. Both have to deal with relative age differences between peers (Chapter 4). Finally, the effects of team heterogeneity on performance relate to organisational structures and, specifically, the formation of teams (Chapter 5).
    Date: 2018
  2. By: Wiker, Dagmara
    Abstract: The aim of this study is to estimate the willingness-to-pay (WTP) among the community of the Pomeranian region, Poland in connection with intangible benefits and costs stemming from hosting the Euro 2012 in Gdansk. A survey conducted among 407 respondents was the source of information. The results of the study show that the average value of WTPbenefit for the whole sample was 45,72 PLN and WTPcost was 3,86 PLN. The aggregate values for the whole region was in terms of benefits and costs 396,6 million PLN and 33,49 million PLN respectively. The results thus confirm the existence of both intangible benefits and costs associated with the event. However, it should be noted that the importance of the net benefits is insignificant and does not compensate for the massive expenditure from public sources.
    Keywords: Contingent Valuation Method, Euro 2012, Football arena, Football Championships, Mega sport event, Willingness-to-Pay
    JEL: H4
    Date: 2017–11–23

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