Managerial Performance and Contract Instability in the Market for National Football Coaches
Lynne Nikolychuk & Brian Sturgess
Volume 8, Number 3, 2007, pages 147 - 170
In this paper, the authors investigate the relationship between managerial performance of national football coaches and their length of contract term to consider the extent to which relatively higher turnover may have affected team performance outcomes. The contract periods of coaches from the top t ... Read more
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Hosting the FIFA World Cup
Economic boon or winner’s curse?
Brian Sturgess & Chris Brady
Volume 7, Number 4, 2006, pages 145 - 164
Countries often compete fiercely for the right to host the football FIFA World Cup finals, but apart from national prestige, are there any concrete economic benefits to be gained from hosting sporting events such as the Olympics or the World Cup? The evidence is mixed. Many estimates suggest that la ... Read more
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Do the Young British Artists Rule?
Evidence from the auction market
David Galenson
Volume 7, Number 1, 2006, pages 175 - 184
In recent years, some English critics have claimed that Damien Hirst and his fellow young British artists have made London the new center of the advanced art world. As Hirst reaches the age of 40, this paper uses auction results to measure the importance of the YBAs compared to their American peers. ... Read more
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Anticipating Artistic Success
Lessons from history
David Galenson
Volume 6, Number 2, 2005, pages 11 - 26
The recent history of modern art provides clues as to how important artists can be identified before their work becomes generally known. Advanced art has been dominated by young conceptual innovators since the late 1950s, and theimportance of formal art education in the training of leading artists h ... Read more
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A Portrait of the Artists as Young or Old Innovators
The creative life cycles of modern poets and novelists
David Galenson
Volume 5, Number 4, 2004, pages 175 - 188
Earlier research found that great painters can be categorized either as young
geniuses, who make sudden conceptual innovations early in their careers, or as
old masters, who work experimentally, by trial and error, and arrive at their
greatest contributions late in their lives. This paper extends ... Read more
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Pricing Cultural Heritage
A new approach to managing ancient resources
Susana Mourato, Ece Ozdemiroglu, Tannis Hett & Giles Atkinson
Volume 5, Number 3, 2004, pages 95 - 113
A growing determinant of leisure travel decisions has been the demand for
cultural destinations. This has presented complex challenges with regards to the
correct management of major cultural resources. Management options can be
assessed in terms of three criteria of performance: access, financia ... Read more
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The Disappearing Masterpiece
David Galenson
Volume 3, Number 4, 2002, pages 9 - 24
A quantitative analysis of the illustrations in art history textbooks reveals that the
most important modern American painters—including Pollock, de Kooning, and
Warhol—failed to produce individual paintings as famous as the masterpieces of
some major French modern artists, such as Manet, Gauguin ... Read more
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The Life Cycles of Modern Artists
David Galenson
Volume 3, Number 3, 2002, pages 161 - 178
There have been two very different life cycles for great modern artists: some
have made their major contributions early in their careers, while others have
produced their best work later in their lives. These patterns have been associated
with different artistic goals and working methods: artists ... Read more
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The Promotion Test
Stefan Szymanski
Volume 3, Number 2, 2002, pages 171 - 183
The collapse of broadcaster ITV Digital owing £178m to the English Football League will cause, according to the League’s Chairman, the financial failure of
up to fifty of the seventy two clubs. If this were to happen a major restructuring of English football would have to take place, including meas ... Read more
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The Economic Impact of the World Cup
Stefan Szymanski
Volume 3, Number 1, 2002, pages 169 - 177
The World Cup will be the biggest sporting event of 2002, but the Japanese and
Korean governments are also hoping that it will be one of the biggest economic
events of the year. Impact studies by respected economic research institutes
predict a dramatic boost to GDP in both countries. This paper ... Read more
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Up for the Cup
Stefan Szymanski
Volume 2, Number 4, 2001, pages 175 - 183
Measured by attendance of football fans, the FA Cup is in decline. This paper
reviews the evidence of this decline and suggests that the underlying cause may
be the growing imbalance of competition in the Cup. The paper considers the
drastic innovation that the FA introduced in 2001 to stem that ... Read more
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A Night at the Opera
Subsidies, prices and repertoire at London’s opera houses
Jeff Frank & Philip Wrigley
Volume 2, Number 3, 2001, pages 167 - 176
This paper considers how the behaviour of the two London opera houses differs
from profit-maximisation, possibly in response to the high level of government
funding and private donations. The opera houses put on more innovative and
artistically rewarding operas than would be the case with profit- ... Read more
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Promotion and Relegation
Stefan Szymanski & Stephen Ross
Volume 2, Number 2, 2001, pages 179 - 189
One of the most distinctive differences between team sports in Europe and
North America is the institution of promotion and relegation. This paper looks
into the history of why this institution developed in Europe but not North
America, and considers what effects it may have on the competitive ba ... Read more
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Can Bettors Win?
A perspective on the economics of betting
Leighton Vaughan Williams
Volume 2, Number 1, 2001, pages 31 - 48
In this paper, a survey is undertaken of studies that examines the extent to which systematic patterns of behaviour in betting markets can generate above-average
or even abnormal returns, the latter being most conveniently defined for these
purposes as a profit. The paper concludes that although b ... Read more
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The Market for Olympic Gold Medals
Stefan Szymanski
Volume 1, Number 4, 2000, pages 207 - 214
From a national perspective the Sydney Olympics were almost completely predictable. Statistical modelling shows that population size and income per head provide an almost faultless method for identifying medal totals.
However, it is probably the discrepancies that are most interesting– why do some ... Read more
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The Political Economy of Sport
Stefan Szymanski
Volume 1, Number 2, 2000, pages 101 - 109
The political constitutions of both the US and Europe provide no guidance on the role of organised sport in society. Without a proper set of rules politicians are
finding sports issues increasingly hard to handle. In the US there is widespread concern at the commercial exploitation of major league ... Read more
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