AUEB SHORT COURSE ON SPORT ECONOMICS by Stefan Kesenne

Σας ενημερώνουμε ότι το μεταπτυχιακό πρόγραμμα Στατιστικής του Οικονομικού Πανεπιστημίου Αθηνών ανακοινώνει το μάθημα βραχείας διάρκειας στα «Οικονομικά του Αθλητισμού» (διάρκειας 8 ωρών) από τον Καθηγητή Stefan Kesenne. Το μάθημα θα γίνει σε τέσσερις δίωρες διαλέξεις από την 18η Νοεμβρίου έως την 25η Νοεμβρίου 2015.

Λεπτομέρειες μπορείτε να βρείτε στην συνημμένη ανακοίνωση.

Το μάθημα βραχείας διάρκειας στα «Οικονομικά του Αθλητισμού» είναι δωρεάν για όλους τους ενδιαφερόμενους αρκεί να προηγηθεί επιτυχημένη εγγραφή στο μάθημα μέχρι και την Παρασκευή 13/11/15.

Προσοχή υπάρχει περιορισμένη διαθεσιμότητα θέσεων. Για να γραφτείτε στο μάθημα συμπληρώστε τον ακόλουθο πίνακα με τα στοιχεία σας και στείλτε το με email στη διεύθυνση masterst@aueb.gr  με θέμα SPORTS ECONOMICS COURSE.

Θα ειδοποιηθείτε με e-mail για την επιτυχή εγγραφή στο μάθημα.

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Email
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AUEB STATISTICS SEMINAR SERIES NOVEMBER 2015

SHORT COURSE

Stefan Kesenne
Economics Department, University of Antwerp
Kinesiology Department, University of Leuven

A short Course on Sports Economics

ROOMS 609 (6th floor) and 211 (2nd floor)
POSTGRADUATE STUDIES BUILDING
(EVELPIDON & LEFKADOS)


Lecture 1 The product market of professional team sports Wednesday 18 November 2015 10.00-12.00  (Room 609)
Lecture 2 Player Labor Market and Regulation                Friday 20 November 2015        12.00-14.00  (Room 609)
Lecture 3 Sports Policy                                                        Tuesday  24 November 2015        12.00-14.00  (Room 211)
Lecture 4 Macroeconomic impact of the sports industry and cost-benefit analysis of hosting a major sport event
                                                                                               Wednesday 25 November 2015 10.00-12.00 (Room 609)


AUEB STATISTICS SEMINAR SERIES NOVEMBER 2015


A short course on Sports Economics
by Stefan Kesenne

General Course Bibliography
- Noll R.(1974), Government and the Sports Business, Washington DC: Brookings Institution.
- Szymanski S. and S. Kuper, (2009), Soccernomics, New York, Nation Books.
- Quirk J. and R. Fort (1992), Pay Dirt: the business of professional team sports, Princeton, NJ, Princeton University Press.
- Fort R (2011), Sports Economics, 3th ed., Englewood Cliffs, NJ, Prentice Hall.
- Dobson S. and J. Goddard (2001), The Economics of Football, Cambridge: Cambridge University Press.
- Kesenne S. (2014), The Economic Theory of Professional Team Sports, an analytical treatment, 2nd ed., Northampton, MA: Edward Elgar.
- The Journal of Sports Economics, SAGE Publications.

Syllabus
Lecture 1. Product market
- The peculiar economic characteristics of the industry of prof. team sports
Inverted Joint product
Competition
Objectives of team owners and -managers,
- The product market of professional team sports:
Demand for tickets
Market regulation and league championship
Uncertainty of outcome and competitive balance
Club revenue and cost
Ticket pricing

Bibliography for Lecture 1:
- Neale W. (1964), ‘The Peculiar Economics of Professional Sports’, Quarterly Journal of Economics,78(1), 1-14
- Sloane P. (1971), ‘The Economics of Professional Football, The Football Club as a Utility Maximiser’, Scottish Journal of Political Economy, 17(2), 121-46.
- Fort R. and J. Quirk’  (2004) ‘ Owner Objectives and Competitive Balance’ Journal of Sports Economics, 5(1), 20-32.
- Kesenne S. (2014), The Economic Theory of Professional Team Sports, ch.1 and 2, Northampton, MA: Edward Elgar, pp. 1-42.
- Noll R. (1974), ‘Attendance and Price Setting’, in: R. Noll (ed), Government and the Sports Business, Washington DC: Brookings Institution, pp. 115-58.

Lecture 2. Player Labor Market and Regulation
Demand and Supply of talent in the player market
Walras Equilibrium with profit-maximising teams
Comparing Profit- and Win maximisation
Transfer system and Bosman ruling, European Court of Justice, December 1995

Bibliography for Lecture 2:
- Rottenberg S. (1956), ‘The Baseball Players’ Labor Market’, Journal of Political Economy, 64(3), 242-58.
- Szymanski S. (2001), ‘The Economic Design of Sporting Contests’ Journal of Economic Literature, 41(4), 1137-87.
- Vrooman J. (1996), ‘The Baseball Player’s Market Reconsidered’, Southern Economic Journal, 63(2), 339-60.
- Kesenne S. (2014), The Economic Theory of Professional Team Sports, ch.3 and ch.5, Northampton, MA: Edward Elgar, pp. 48-82 and 103-21.


Lecture 3. Sports Policy
Revenue Sharing, competitive balance, player salaries and owner profits
Impact of different Sharing Systems
Salary Caps, competitive balance, player salaries and owner profit
North-American salary cap and G-14 (ECA) salary cap in Europe.
Transfer system revisited

Bibliography for Lecture 3
- Peeters T. ‘Media Revenue Sharing as a Coordination Device in Sports Leagues’, International Journal of Sport Finance, 6(&), 33-9
- Szymanski S. and S. Kesenne, (2004), ‘Competitive Balance and Gate Revenue Sharing in Team Sports’ Journal of Industrial Economics, 51(4), 513-25.
- Kesenne S. (2014), The Economic Theory of Professional Team Sports, ch.6 and 7, Northampton, MA: Edward Elgar, pp. 123-66.



Lecture 4. Economic Impact and Cost-Benefit
- Economic impact studies versus cost-benefit analyses
- Macroeconomic impact of the sports industry,
Calculating value added, income creation, jobs and tax return
- Cost-benefit analysis of hosting a major sport event (Olympics and World Cup)
Who wins, who loses?

Bibliography for Lecture 4:
- Noll R. and A. Zimbalist, eds.(2004), Sports, Jobs and Taxes, The Economic Impact of Sports Teams and Stadiums, Washington D.C., Brookings Institution Press.
- Maennig W. and A. Zimbalist,eds;, (2014), International Handbook on the Economics of Mega Sporting Events, Northampton, MA, Edward Elgar.
- Baade R. (2006) ‘The Economic Impact of mega-sporting events, in W. Andreff and S. Szymanski (eds), Handbook on the Economics of Sport, Northampton, MA, Edward Elgar.