Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy; PART II: Amateur Sports Participation, Supply and Impact; PART III: Professional Team Sports; PART IV: Professional Sports Leagues; PART V: Sports Events and their Impacts; PART VI: Individual Sports; and PART VII: Future Research.

Officials and Home Advantage

Officials and Home Advantage

Officials and home advantage
J. James Reade


Economics, the study of outcomes given a set of decisions regarding scarce inputs, is interested in systematic patterns in outputs. Sport provides a range of outcomes, or outputs, that are very measurable, and attract great interest. As well as the participants in a contest, be they individuals or teams, contributing to its outcome, officials also contribute. Officials are agents responsible for regulating activity to ensure that participation is fair. Such officials are granted power to penalise contestants who do not act fairly. Officials operate usually on two levels: a team of officials who operate on the field during a contest, and sporting associations, or governing bodies, who operate more broadly, stipulating ...

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