nep-spo 2010-09-25 papers

on Sports and Economics

Issue of 2010‒09‒25
two papers chosen by
Joao Carlos Correia Leitao
University of Beira Interior and Technical University of Lisbon

Key Players and Key Groups in Teams: A Network Approach Using Soccer Data By Sudipta Sarangi; Emre Unlu
Form or Function? The Impact of New Football Stadia on Property Prices in London By Ahlfeldt, Gabriel M.; Georgios, Kavetsos

Key Players and Key Groups in Teams: A Network Approach Using Soccer Data

By:	Sudipta Sarangi; Emre Unlu
Abstract:	This paper provides a way of evaluating a player's contribution to her team and relates her effort to her salaries. We collect data from UEFA Euro 2008 Tournament and construct the passing network of each team. Then we determine the key player in the game while ranking all the other players too. Next, we identify key groups of players to determine which combination of players played more important role in the match. Using 2010 market values and observable characteristics of the players, we show that players having higher intercentrality measures regardless of their field position have significantly higher market values.
Keywords:	Social networks, team game, centrality measures
JEL:	A14 C72 D85
Date:	2010
URL:	http://d.repec.org/n?u=RePEc:diw:diwwpp:dp1053&r=spo

Form or Function? The Impact of New Football Stadia on Property Prices in London

By:	Ahlfeldt, Gabriel M.; Georgios, Kavetsos
Abstract:	This paper focuses on the channels through which stadium externalities capitalize into property prices. We investigate two of the largest stadium investment projects of the recent decade – the This paper focuses on the channels through which stadium externalities capitalize into property prices. We investigate two of the largest stadium investment projects of the recent decade – the New Wembley and the Emirates stadium in London, UK. Evidence suggests positive stadium externalities, which are large compared to construction costs. Notable anticipation effects are found immediately following the announcement of the final stadium plans. Our results emphasize the role stadium architecture plays in promoting positive spillovers to the neighbourhood. We therefore recommend public funding of large-scale sports facilities to be made conditional on a comprehensive urban design strategy that maximizes the external benefits.
Keywords:	Property prices Stadium impact
JEL:	R53 R58
Date:	2010
URL:	http://d.repec.org/n?u=RePEc:pra:mprapa:25003&r=spo

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