Sports Economics and Finance
- Students will be able to understand the international structure of sports, the impact of wages, taxes and other constraints in the mobility of players, the relevance of competitive balance in the sport industry and the most import elements of finance and accounting for sport clubs and leagues.
- Moreover, students will be able to discern the differences between the European and the North-American model of sport leagues and the main advantages and advantages on each one. Students will be able to develop optimal designs for sport competitions.
- As final outcomes, students will be able to develop academic researches analyzing sport leagues worldwide as well as comparing different sports disciplines.
- Introduction to Sports Economics: a peculiar economy
- Sport Labor Market
- Competitive Balance
- Finance and Accounting
- Principles of Sports Competitions
- European vs. North-American models
- Sport Competitions: Seeding
- presentations and tasks completed/presented during the seminar
- final presentation
- attendance of lectures
- Interim assessment (1 module)0.15 * attendance of lectures + 0.4 * final presentation + 0.45 * presentations and tasks completed/presented during the seminar
- John Byl. (2014). Organizing Successful Tournaments: Vol. Fourth edition. Human Kinetics, Inc.
- Alex Krumer, & Michael Lechner. (2018). Midweek Effect On Soccer Performance: Evidence From The German Bundesliga. Economic Inquiry, 1, 193. https://doi.org/10.1111/ecin.12465
- Alex Krumer, Reut Megidish, & Aner Sela. (2015). First-Mover Advantage In Round-Robin Tournaments. Working Papers.
- Alex Krumer. (2017). On Winning Probabilities, Weight Categories, and Home Advantage in Professional Judo. Journal of Sports Economics, 1, 77.
- Andrew S. Zimbalist. (2002). Competitive Balance in Sports Leagues: An Introduction. Journal of Sports Economics, 2, 111.
- Brad R. Humphreys. (2002). Alternative Measures of Competitive Balance in Sports Leagues. Journal of Sports Economics, 2, 133.
- Dmitry Dagaev, & Vladimir Yu. Rudyak. (2016). Seeding the UEFA Champions League Participants: Evaluation of the Reform. HSE Working Papers.
- Downward, P. (2019). The SAGE Handbook of Sports Economics. SAGE Publications Ltd.
- El-Hodiri, M., & Quirk, J. (1971). An Economic Model of a Professional Sports League. Journal of Political Economy, 79(6), 1302–1319. https://doi.org/10.1086/259837
- James B. Dworkin. (2013). Book Review: The Oxford Handbook of Sports Economics. The American Economist, 1, 64. https://doi.org/10.1177/056943451305800109
- Neale, W. C. (1964). The Peculiar Economics of Professional Sports. https://doi.org/10.2307/1880543
- Ribeiro, C. C. (2012). Sports scheduling: Problems and applications. International Transactions in Operational Research, 19(1/2), 201–226. https://doi.org/10.1111/j.1475-3995.2011.00819.x
- Szymanski, S. (2003). The Economic Design of Sporting Contests. Journal of Economic Literature, 41(4), 1137–1187. https://doi.org/10.1257/jel.41.4.1137