Team sport economics - Essay Example

Comments (0) Cite this document
Question: Critically evaluate the approaches and policies to achieve competitive balance in North American sports and European sports through an examination of competitive balance Philosophy and Policy in North American and European professional sports and organizations…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Team sport economics
Read TextPreview

Extract of sample "Team sport economics"

Download file to see previous pages Sports characters, occasion, and organizations influence our society in a wide, diverse and sometimes in unanticipated ways. Some of the most critical policy issues stirring sports in the contemporary world originate from an interdisciplinary overview that includes economics, history, urbanization, non-profit administration, public health communications, political science and philosophy (Mildner and Santo, 2010 p.13).This essay critically evaluates the approaches and policies incorporated by North American sports and European Sports to achieve a competitive balance through the examination of competitive balance in Philosophy and Policy1.
Generally, policies and philosophies in sports enable us to comprehend and asses complicated and disputed topics in the word of sport today especially in this paper, the National Football League (NFL) and the European League. Policies and philosophy usually review affairs related to professional sports along with the outstanding natures of American and European sports. In addition they deal with matters concerning decision making, conflict resolution, cities and public finance and economics2. As part of sports’ history, policies and philosophies are the building foundations of leagues strengths and weaknesses (Bell, 1950 p.76).
Moreover, when examining policies and philosophies in sports, one should consider the economic impact and consequences because they work conjointly. Policy analysts and organizations must put into consideration the extremity of the economic impact analysis in order to ensure that they base their findings and decisions on the appropriate outputs3. Particularly, this is a fundamental basic requirement as it relates to the role of the opportunity cost. (Rosentraub, 2007 p.223).
For instance, one way used by American and European sports organizations to achieve a competitive balance is through the use of proposed annual payments on bonds sold to investors ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Team sport economics Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from
(Team Sport Economics Essay Example | Topics and Well Written Essays - 1500 Words)
“Team Sport Economics Essay Example | Topics and Well Written Essays - 1500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Team sport economics

Commercialisation of Sport

...of sports economics research. Armonk, N.Y., M.E. Sharpe. FORT, R. D. (2004). International sports economics comparisons. Westport, Conn. [u.a.], Praeger. FORT, R. D. (2012). Sports economics. Boston, Mass. ;London, Pearson Prentice Hall. GREENFIELD, S., & OSBORN, G. ( 2000). Law and Sport in Contemporary Society. New York: Routledge. FOWLER, S., & SPELLMAN, S. (1998). Team sports. Bothell, WA, Wright Group. HEALEY, D. (2009). Sport and the law. Sydney, UNSW Press. HORNE, J., TOMLINSON, A., & WHANNEL, G. (1999). Understanding Sport: An Introduction to the...
14 Pages(3500 words)Essay

Team Sports Economics

...Essay Question: How effective are the competition balance policies in the models of sport evidenced in North America and Europe? ment of Authenticity: I confirm that this submission is all my own work. Any quotations are properly cited using the Harvard referencing method. All errors and omission are my responsibility alone. Word count: 1,524 Academic research has grown a great deal in the recent past. A wide range of academic subjects have had scholars carry out research on them, but this has not been the case in the relatively new field of economics that focuses on the team sports for professionals. Also compared to others it is a small academic field altogether. The...
6 Pages(1500 words)Essay

The Media and the Economics of Sport

...? The Media and the Economics of Sport Contents Introduction 3 Media needs Sports 4 Sport organization attractive to Media 5 Global coverage through Television 5 Conclusion 7 Reference 9 Bibliography 10 Introduction Sports have gained a high position with respect to media and with some popular sports such as the Olympics, Football World Cup, Cricket World Cup has become more attractive and the media has been utilizing the best possible actions against these big events. And the medicated sport has the ability to generate mass appeal. The attraction that the value of sports is receiving is increasingly...
7 Pages(1750 words)Essay

Changing the Rules for the Team Sport of Bread-Winning

...The New York Times Editorial Observer: Changing the Rules for the Team Sport of Bread-Winning The above editorial ed by Nicholas Kulish and published September 23, 2005 discusses the changing trends of bread winning in a family. The author tells us how he was conditioned from the very young age to accept the fact that equality between sexes prevailed. He assumed that marriage was always juggling two important careers along with the children and the responsibilities it brought along. The current trends, where the wife stops working once the babies arrive seem to counteract the author's assumptions. He is of the opinion that with today's rising cost, giving up working and staying home may not be a very...
2 Pages(500 words)Essay

Sport Team Brand Identity

....). London: Prentice Hall. Kalin, Sari. (20 July 2001). "Brand New Branding." Dallas Business Journal. King, B. (6-12 June 2005). "Athletes as brand." Sports Business Journal. 19. Kleine, Robert E.; Susan Schultz Kleine & Jerome B. Kerman. (1993). "Mundane Consumption and the Self: A Social-Identity Perspective." Journal of Consumer Psychology. Vol. 2, N. 3: 209-235. Mahony, D.F. (1995). The effect of personality variable of self-monitoring on individual loyalty to professional football teams. Columbus: Ohio State University. Malhotra, Naresh K. (1988). "Self Concept and Product Choice: An Integrated Perspective." Journal of Economic Psychology. Vol. 9: 1-28. Muniz,...
11 Pages(2750 words)Case Study

Economics of Sport

...Economics of Sports 15 November, 2009 a) What is competitive balance and how is it measured? Give examples. Competitive balance refers to the shape of the probability distribution of the likelihood of the teams winning the tournament (Fizel & Fort, 2004). Competitive balance is needed for the purpose of uncertainty of outcome. Competitive balance is the evenness of sporting competition. It is one of the key operational objectives of the sports industry. There are three general types of competitive balance in the sports industry. 1. The closeness of individual match results. 2. The evenness of seasonal results. 3. The long-run evenness...
6 Pages(1500 words)Essay

Team Sports Economics

...Synergies of ‘mega-event’ sports competitions and economic development: The London Olympic Games Date of Submission Introduction Countries and cities have glared to the international media a stiff competition for a place to host mega sports event. The rights to host mega sports events such as FIFA World Cup, Olympics and the Common wealth games have been up for grabs amongst nations and cities all over the globe. Mega sports events are extremely huge and attracts huge attendances and viewership across, the globe, for instances, the 2012 Olympic games held in London attracted participation from 205 countries. The universality of these mega events all...
6 Pages(1500 words)Essay

Affect of team sport on children

...Team Sport and Early Childhood Childhood of an individual is perhaps the most sensitive and crucial stage of life. Lessons learn during this phase always remain with the person. When a child is born, he or she is exposed to the environment that is not known to him/her. He tends to learn new thing every day, and this learning experience continues throughout his life. However, the pace of development is maximum during early years of life. Encouraging children to participate in team sports has many benefits. Sports offer a great deal of learning, and they also promote growth in a child. Children who get involve in team...
2 Pages(500 words)Essay

Analyse the relationship between Economics and sport

... or exit the competition at will (511). This argument is acceptable in economic terms because most entrepreneurs enter market competition with the aim of making ultimate returns on their investment. It is also the case in sporting activities where competitors engage in competition with the ultimate aim of becoming winners, but can leave the competition at will if there are impeding reasons for the success of the team. On the contrary, competitions within the political context do not involve degeneracy, and a single decision of not casting a vote does not affect the general results of the competition (Wagner & Yazigi 511). Evaluation of the answers presented in the study by Wagner and Yazigi indicates logical expectations... Relationship...
4 Pages(1000 words)Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Team sport economics for FREE!

Contact Us