The econometrics of sport

Plácido Rodríguez, Stefan Késenne, Jaume García

The study of sport in the economy presents a rich arena for the application of sharply focused microeconomics, macroeconomics and econometrics to both team and individual outcomes. This unique book offers a survey of recent research that follows the tradition of empirical and theoretical analysis of sport economics and econometrics. Including contributions by many of the leading experts in the field, the authors address four central branches, namely: competitive balance, labour relations, attendance and demand, and the economic impact of sport in communities. A wide range of topics is explored within these themes, including: the effect of uncertainty of outcome on attendance, players' labour markets, wages and team performance, variations in fan loyalty between teams and through time, the determinants of soccer match attendance. Case studies of Major League Baseball, the National...