The win maximization model reconsidered: Flexible talent supply and efficiency wages. The various strands of the sports economics literature are discussed in each of the subsequent sections, as they apply to sports economics theory; the later sections discuss applied work, policy implications, and directions for future research. In summarizing the theory of the firm, one has to return to the question of whether sports firms maximize profits. In this paper, Rottenberg describes the existing rules of the baseball industry and their implications for competition. Racial discrimination in professional basketball: Evidence from Nielsen ratings. I think the best way to do this would be to find a baseline for the number of shooting fouls drawn per shot attempt across the league. And maybe Jordan could be a factor in larger salaries.
Pick a nation and explain the continuing problems in that nation due to the history of being colonized. Journal of Sports Economics, 5 1 , 33-50. Link this to models and theories covered in your course and also support this with data and comparisons with policies in other countries. When you have to write a term paper for your economics class, these are some really good term paper topics to consider. Sports provides a useful teaching metaphor. One of the oldest ideas in this area is the so-called invariance principle, which is an application of the Coase Theorem to sports leagues.
National Hockey League attendance, 1970-2003. Good Financial Paper Topics to Hook the Reader Once you are assigned to write a finance research paper, it is imperative to get down to work as early as possible. Are there better ways to pick a team? They begin by asking what theory or models exist to help in understanding the behavior of the participants in decisions related to the topic. Zimbalist 2001b has an excellent book on the subject of college sports that covers the relevant issues. International Journal of Sport Finance, 3 4 , 239-244.
Some topics stand as ideas to get you inspired to think of a topic of your own. On the other hand, if players unions prevail in negotiations, then the aggregate share of total revenue that goes to the players becomes larger. Although most people think that writing such assignments is a difficult task, it is not as complicated as it seems. Collegiate athletic directors claim that college athletes for big-time programs bring in revenues that are redistributed to other programs in the athletic department and sometimes even to the rest of the school. He finds that in the 1970s, baseball players were exploited by teams under the reserve clause, which prohibited players from seeking competitive employment with other teams. Hi Donna--Yes, I'm really interested in the 3-D printing idea. This topic is a research paper unto itself and goes well beyond the scope of an overview of sports economics.
Following the section on policy implications, most research papers discuss future directions—what are the new but related questions that are likely to be explored by economists; what new methods are being developed to analyze data on the topic; what insights from other disciplines are likely to be applied to this topic; what policies are likely to be developed related to the topic? These are just a few of hundreds of intriguing current topics that can be used for your research paper. Economics is generally described as the study of resource allocation; or of production, distribution, and consumption of wealth; or of decision making—descriptions that sacrifice much for the sake of brevity. International Journal of Sport Finance, 2 3 , 161-170. This issue returns when this research paper explores the consumer side of sports economics. Even though your question is one that all of us think about, to create a good paper topic on this question would require narrowing it a bit to a particular current situation.
Team revenues based on attendance and average ticket prices can be easily calculated. The second deals with policy prescriptions to promote competitive balance. Professional athletes have a unique set of skills and are in a position to generate an economic rent as a result. With the advent of the Internet, sports data sets became readily available. However, to most owners, this utility is more than a hobby because they strive to make their franchises financially viable and competitive on the playing field at the same time.
Why should one care about competitive balance? Sports leagues and parity: When league parity generates fan enthusiasm. American Economist, 36 2 , 72-80. The economic determinants of professional sports franchise values. Have they motivated people to become more creative and personal in what they wear? The data is available for download in Microsoft Excel format, but it can easily be converted to whatever format your course requires you to use. Under this view, research on sports is part of the human capital agenda, leading me to call this the defense.
And obviously, that must be wrong. See many more examples as well as tips for writing on my other articles. Theory of the perfect game: Competitive balance in monopoly sports leagues. Has the use of performance enhancing drugs had on the Tour de France and other similar sports? Applied Economic Letters, 11 12 , 731-733. Kahn 2003 argues that expansion to too many teams would lower player quality and that the optimum structure lies somewhere between a monopoly and a competitive solution. A dissertation on sports can do the first task, but it would likely prove harmful to the second.
You should definitely post it! With our help, you can get any academic task done perfectly. He dismisses the argument that the reserve clause is desired to protect small-market teams teams with smaller fan bases and lower revenues from higher-paying large-market teams. Many of those teaching argue that sports provides a useful vehicle for teaching something far more important — basic quantitative reasoning. But if be interested to see your final project! I'd be willing to bet the error terms wouldn't be iid and heteroscedasticity would be present as well. Journal of Sports Economics, 10 2 , 192-203. Harmon Gallant and Paul Staudohar 2003 examine how antitrust law in the United States has influenced the evolution of professional sports leagues.