The Economics of Football

By Stephen Dobson, John Goddard. 2001

539 citations recorded by the source corpus.

The second edition of this popular book presents a detailed economic analysis of professional football at club level, with new material included to reflect the development of the economics of professional football over the past ten years. Using a combination of economic reasoning and statistical and econometric analysis, the authors build upon the successes and strengths of the first edition to guide readers through the economic complexities and peculiarities of English club football. It uses a wide range of international comparisons to help emphasize both the broader relevance as well as the unique characteristics of the English experience. Topics covered include some of the most hotly debated issues currently surrounding professional football, including player salaries, the effects of management on team performance, betting on football, racial discrimination and the performance of football referees. This edition also features new chapters on the economics of international football, including the World Cup.

Subfields: Economics and Econometrics, Gender Studies, Sociology and Political Science

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Citations in the corpus

Prediction of major international soccer tournaments based on team-specific regularized Poisson regression: An application to the FIFA World Cup 2014 (2015, methodology): “For example, Dobson and Goddard (2011) or Forrest and Simmons (2000) use discrete choice models for the modeling of match outcomes. Concerning the prediction of the FIFA World Cup 2014, an approach proposed by Silver (2014) is based on the so-called Soccer Power Index (SPI). The SPI is a rating syst”
Are football referees really biased and inconsistent?: evidence on the incidence of disciplinary sanction in the English Premier League (2007, methodology): “Despite the discrete structure of a ‘fouls’ or ‘cards’ dependent variable, McCormick and Tollison (1984) and Heckelman and Yates (2002) report ordinary least squares (OLS) regressions. Garciano and Palacios-Huerta (2000) discard univariate Poisson regressions in favour of OLS, because the former cou”
What shapes player performance in soccer? Empirical findings from a panel analysis (2007, background): “In the literature that does exist, soccer is investigated on both the club level (for an overview, see Dobson and Goddard, 2001) and the international level (e.g. Hoffmann et al., 2002; Houston and Wilson, 2002; Torgler, 2004, 2007a).”
The Role of Corporate Social Responsibility in the Football Business: Towards the Development of a Conceptual Model (2008, background): “Football competes against baseball as the most popular sport in the country and the game remains in a subsidiary position in schools curricula (Dobson & Goddard, 2001).”
A tale of two audiences: Spectators, television viewers and outcome uncertainty in Spanish football (2009, background): “Coincident with this breakaway, the Premier League clubs agreed a new, more lucrative broadcasting package which led to substantially increased broadcast revenues (Buraimo, Simmons, & Szymanski, 2006; Dobson & Goddard, 2001).”
Sentiment in the betting market on Spanish football (2008, background): “…odds setters were capable of processing into the odds a rich variety of data relevant to the result of a match, with at least as much accuracy as the most sophisticated statistical forecasting model for football that has so far been developed (first presented in Dobson and Goddard, 2001, Ch. 8).”
Uncertainty of Outcome or Star Quality? Television Audience Demand for English Premier League Football (2015, background): “Uncertainty of outcome can be viewed at three levels: match level, seasonal dimension, and long run (Borland and Macdonald 2003; Dobson and Goddard 2011; Szymanski 2003).”
New Issues in Attendance Demand (2006, background): “Football League attendances have enjoyed a rising trend over the last decade (Buraimo et al. 2004, Dobson and Goddard, 2001).”
Economic impact of national sporting success: evidence from the London stock exchange (2003, background): “…of several domestic sports teams (principally leading European football teams such as Manchester United of England and Juventus of Italy) is publicly traded on the stock market and the relationship between match results and stock market performance has been studied (e.g. Dobson and Goddard, 2001).”
Modelling soccer matches using bivariate discrete distributions with general dependence structure (2007, methodology): “This approach has proved popular amongst economists, see, for example, DOBSON and GODDARD (2001). The indirect approach models goals scored by each team by employing bivariate Poissonrelated models (MAHER, 1982; DIXON and COLES, 1997; KARLIS and NTZOUFRAS, 2003). In this paper we focus not on foreca”
Technical Efficiency in the Major League Soccer (2003, methodology): “The efficiency of sports teams has been measured, making use of a variety of approaches and techniques (for an overview, see Dobson & Goddard, 2001) mainly focusing on the popular U.S. team sports like baseball, hockey, and basketball.”
Stadium Attendance Demand Research: A Scoping Review (2021, background): “…estimates: first, the existence of capacity constraints in leagues that are permanent in high demand, such as the English Premier League, and, second, the use of aggregated data across different spectator groups (e.g., matchday ticket holders and season ticket holders; Dobson & Goddard, 2011).”
Broadcasting, Attendance and the Inefficiency of Cartels (2004, background): “Table III reports revenue losses from broadcasting for a typical Premier League club, based upon average admission prices reported by Dobson and Goddard (2001) and average Saturday attendances from our own sample.”
“Competitive Balance in Sports Leagues: An Introduction” (2003, background): “The theoretical developments concerning competitive balance all follow from Rottenberg (1956) and El-Hodiri and Quirk (1971, 1974). The reader is referred to Fort and Quirk (1995) for a review of the early theory. Theoretical implications of the open talent market in world football, contrasted to th”