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on Sports and Economics |
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Issue of 2013‒08‒05
three papers chosen by Joao Carlos Correia Leitao University of Beira Interior and Technical University of Lisbon |
| By: | Pedro Garcia-del-Barrio (Economia i Organització d'Empresas Universitat Internacional de Catalunya); Francesc Pujol (School of Economics and Business AdministrationUniversity of Navarra) |
| Abstract: | Given the economic and commercial implications of sports, the media value of players and teams is considered a major asset in professional sports businesses. This paper aims to assess the economic value of intangible assets in the tennis industry. In order to rank the media value of professional tennis players (both men and women), we measure the intangible talent of players based on their exposure in the mass media. We use the ESI (Economics, Sports and Intangibles) methodology to examine some issues related to the competitive structure of tennis. Then, we explore whether policies regarding prize money could be more efficiently designed to account for the economic contribution of the players. The paper uses weekly data on the media presence and popularity of 1,400 professional tennis players (700 women and 700 men competing in 2007, espectively, in the WTA and ATP). |
| Keywords: | discrimination, pay and performance, professional tennis, media value, evaluation of intangible assets |
| JEL: | J24 J33 J71 |
| Date: | 2013–02–01 |
| URL: | http://d.repec.org/n?u=RePEc:una:unccee:wp2712&r=spo |
| By: | Lionel Frost; Margaret Lightbody; Abdel Halabi |
| Abstract: | Australian Football clubs have traditionally been seen as contributing social benefits to the rural communities in which they are embedded. Declining numbers of participants, both players and volunteers, suggest that this role may not be as strong today. Critical explorations of the extent to which football has driven social inclusion and exclusion in such environments emphasise a historic ‘masculine’ culture of drinking and violence that segregates and marginalises women and children. Less is known about the contemporary strategic efforts of clubs to use social capital to support their activities, and whether the resources they generate have positive impacts on social inclusion in the wider community. We use evidence from the Parliament of Victoria’s Inquiry into Country Football (2004) to explore the current focus of rural Australian Football clubs regarding social inclusion, in the light of changes occurring in society in general and in rural towns in particular in the 21st century. |
| Date: | 2013–07 |
| URL: | http://d.repec.org/n?u=RePEc:mos:moswps:2013-31&r=spo |
| By: | Agustín Casas; Yarine Fawaz |
| Abstract: | In 2007, based on medical reports, FIFA ruled that no international football competition could be played in stadiums with an altitude higher than 2500 meters. We provide stark evidence which supports the claim that playing in high altitude benefits the home team through two channels. First, in these scenarios, high altitude teams (HAT) do better against low altitude teams than against other high altitude teams. Second, every time that low altitude teams visit other high altitude teams they get fewer points than if they had played in a low altitude stadium. Therefore, the HAT go up in the ranking of the southamerican qualifiers for world cups, not only because of their own extra-advantage of playing in high altitudes, but also because the LAT do worse in all high altitude stadiums. According to our work, have this ruling taken effect, Ecuador would not have gone to the 2006 world cup, and therefore Ecuador's Football Federation would have lost at least 40 million dollars given out by FIFA to all teams going to the world cup. |
| Date: | 2013–07 |
| URL: | http://d.repec.org/n?u=RePEc:cte:werepe:we1316&r=spo |