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.

The Economics of Running

The Economics of Running

The economics of running
Bernd Frick Katharina Moser Katrin Scharfenkamp

Running: Ancient Legend and Contemporary Situation

In 490 BC, an army from Persia landed in Marathon, about 25 miles from Athens, with the intention of capturing and enslaving the city. While the Athenians prepared for the battle, they sent a messenger named Philippides to Sparta to ask the Spartans to support them in the upcoming fight. In the meantime, back in Marathon the decision was made not to wait for the Spartans. Surprisingly, the Athenian army defeated the much larger Persian forces and sent a runner – most likely not Philippides again – to Athens to carry the news of the victory. According to ...

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