In this paper an analysis of the determinants of attractiveness of the Formula One is attempted. Therefore the concept of competitive balance will be explained and applied. The principal item of this analysis will be the result that there is an optimal level of competitive balance which...

The influence of the creative class on regional economic well-being is discussed by using the concepts of Richard Florida. We apply this theory on the level of all German major cities in a 10 year period from 1997 to 2006. The theoretical part gives an overview about similar applications. The...

This paper examines the mechanisms by which a World Champion is chosen in the For-mula One Championship. Furthermore it is analysed whether there is a best method to do this. For this purpose we will discuss the methods used by the Fédération Internationale de l'Automobile (FIA) since the...

In this paper, we study the applicability of success in women's football as an indicator for female empowerment. Since football was for a long time a male-dominated sport, women's success in this sport may be a suitable empowerment measure. As a proxy variable for success, we employ the world...

A well-known finding in of sport economics is that differences in the winning probabilities of sport teams are determined largely by unequal market sizes and, therefore, revenue potential. Larger markets yield higher marginal revenue and thus, more units of talent being employed by the...

A new measure of competitive balance in sport leagues is proposed, based on a vector approach to measuring similarity. The standard measures, such as, the win percentage standard deviation ratio, consider the inequality per season only. Analyzing the inequality of a competition over time...