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A simple decision theoretic model shows the doping incentives for a member of a professional sports team. Depending on the detection probability and the punishment, a sportsman dopes not at all, at a medium or at the maximal level. The whole team has a higher incentive than an individual team...
Persistent link: https://www.econbiz.de/10011695135
In US-based studies focusing on the impact of new sports stadiums on attendance, a recurring observation is the temporary nature of the initial positive effect, commonly described as a novelty or honeymoon effect. This paper revisits the attendance effects of new sports stadiums in a European...
Persistent link: https://www.econbiz.de/10014547756
Following the work of Shin (1993) and Cain, Law and Peel (1997, 2001), several researchers have reported estimates of the fraction of money placed on sports betting by "insiders" with superior information to bookmakers. We show the method for estimating the fraction of insiders used in this...
Persistent link: https://www.econbiz.de/10015209729
Subjective evaluations in many contexts might be affected by decision-makers' social preferences. To explore this phenomenon, we use data from soccer referees' decisions. According to soccer rules, referees are expected to evaluate each episode independently, without taking into account previous...
Persistent link: https://www.econbiz.de/10015210932
There are noticeable conceptual differences between competing concepts for organizing the highest level of European Football. One major conceptual controversy is concerned with the question whether fans have a stronger preference for (more) games between the top teams over a broad participation...
Persistent link: https://www.econbiz.de/10013348846
The controversy around the breakaway European Super League, set to conquer the UEFA Champions League, and the surrounding antitrust proceedings revive the academic discussion about the monopoly power of sport-internal governing bodies (like the UEFA), the justification for and limits of their...
Persistent link: https://www.econbiz.de/10013371388
The support of home spectators is one of the contributing factors to the home advantage effect in sports matches. The Covid-19 pandemic led to European soccer matches being played without spectators. We show that betting markets adjusted swiftly to account for a reduced home advantage in both...
Persistent link: https://www.econbiz.de/10013427622
Experts' voting behavior is conjectured to be more objective than peer voting (own group/peers) and public voters (everyone interested), who are supposedly influenced by all sorts of subjective aspects. We examine differences in voting behavior between these groups by analyzing the voting...
Persistent link: https://www.econbiz.de/10013494462
This comment addresses the opinion of the Advocate General (AG) of the European Court of Justice on the pending case European Super League versus UEFA/FIFA. It takes a critical perspective on selected aspects of the opinion's reasoning from a (sports) economics perspective. Highlighting the...
Persistent link: https://www.econbiz.de/10013542661
Dieser Beitrag beleuchtet drei zentrale Diskussionsbereiche mit Blick auf die Anwendung des Wettbewerbsrechts auf kommerzialisierte Sportmärkte im Allgemeinen und Märkte für den europäischen Spitzenfußball im Speziellen. Hierbei handelt es sich um die wettbewerbspolitische und...
Persistent link: https://www.econbiz.de/10013542662