Academic journal article International Journal of Sport Finance

An Introduction to Papers from the European Conference in Sports Economics

Academic journal article International Journal of Sport Finance

An Introduction to Papers from the European Conference in Sports Economics

Article excerpt

A first European Conference in Sports Economics (ECSE) had been convened at the Centre d'Economie de la Sorbonne of the University Paris 1 Panthéon Sorbonne, September 14-15, 2009. Out of about 60 submitted papers, 32 had been selected and sampled into eight topics and sessions: the economics of professional team sports leagues; economic dimensions of sport participation; sport financing and governance; professional sports and markets; the economic impact of sport mega-events; labor market in professional sports; sport efficiency; and regulation and competitive balance in professional sports leagues. I am grateful, as the conference organizer, to the International Journal of Sport Finance for having called the best papers to be submitted for publication. A few of them applied, of which three have been successfully screened by peer reviewers.

Egon Frank presents a comparative institutional analysis of three soccer club governance structures: privately owned football firms, football stock corporations with dispersed ownership, and members' associations with their own legal personality (Verein). In an environment of arms race and club over-investment typical of European soccer, the first aforementioned governance structure performs better in tapping sources of finance and channeling them into playing talent, as tested for the German Bundesliga and English Premier League.

Rodney J. Paul and Andrew P. Weinbach start from the evidence of sports betting as consumption in the NBA and NHL to study the determinants of betting volume for sports on an individual game-to-game basis. …

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