Economists assume that people make choices based on their preferences and their budget constraints. The preferences and values of others play no role in the standard economic model. This feature has been sharply criticized by other social scientists, who believe that the choices people make are also conditioned by social and cultural forces. Economists, meanwhile, are not satisfied with standard sociological and anthropological concepts and explanations because they are not embedded in a testable, analytic framework. In this book, Gary Becker and Kevin Murphy provide such a framework by including the social environment along with standard goods and services in their utility functions. These extended utility functions provide a way of analyzing how changes in the social environment affect people's choices and behaviors. More important, they also provide a way of analyzing how the social environment itself is determined by the interactions of individuals. Using this approach, the authors are able to explain many puzzling phenomena, including patterns of drug use, how love affects marriage patterns, neighborhood segregation, the prices of fine art and other collectibles, the social side of trademarks, the rise and fall of fads and fashions, and the distribution of income and status.

This book is a printed edition of the Special Issue "Sports Finance" that was published in IJFS

The Wages of Wins is a proper analysis of the data generated by professional sports; it tells many tales that are inconsistent with the myths put forward by the media, industry, and consumers of professional sport.

Since the first athletic events found a fan base, sports and statistics have always maintained a tight and at times mythical relationship. As a way to relay the telling of a game's drama and attest to the prodigious powers of the heroes involved, those reporting on the games tallied up the numbers that they believe best described the action and bes

This is the first book exploring the concept of home advantage (HA), the well-known beneficial effect that players and teams derive from performing at home in all sports throughout the world. Despite the fact that the existence of HA dates back to the origins of organized sport in the late 19th century, its root causes and how they operate and interact with each other are still unclear and remain the topic of intense research involving many disciplines, all with the potential objective of improving team and individual performance. This book covers a broad review of HA divided into three different sections: (i) Section 1 focuses on the theory of HA in sport (the concept of this phenomenon, its quantification, and factors supposedly associated with the HA are explored; (ii) Section 2 analyses the effects of HA in sports related to both male and female athletes, in relation to tactics and strategies, fans, referees, travel, situational variables and the home disadvantage; and (iii) Section 3 studies the HA as it applies to specific sports worldwide such as outdoor sports (football, rugby, cricket, and Australian Football), indoor sports (basketball, futsal, handball, water polo and volleyball), US professional sports, individual sports, racket sports, combat sports, minor sports, disabled sports and the Olympic Games. This book has been written in cooperation with top leading experts in this field worldwide. The book offers a better understanding of the HA effect for MSc and PhD students, athletes, coaches, performance analysts, sport psychologists, sociologists, sport scientists and sport journalists.

The first comprehensive guide to natural experiments, providing an ideal introduction for scholars and students.