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The Economics of Football
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Table of Contents

List of figures; List of tables; Preface; Acknowledgements; 1. Introduction; 2. Professional football: historical development and economic structure; 3. Competitive balance and uncertainty of outcome; 4. The labour and transfer markets; 5. The contribution of the football manager; 6. Managerial change and team performance; 7. The demand for football attendance; 8. Information transmission and efficiency: share prices and fixed-odds betting; 9. Professional football: current issues and future prospects; List of references; Index.

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This economic analysis of the professional football industry presents original research and existing literature.

About the Author

Steven Dobson is Senior Lecturer in Economics at Queen's University, Belfast. He has held positions at the Universities of Hull, Leeds and Reading in the UK and at the University of the West Indies in Trinidad. He is the joint author of Introduction to Economics (Oxford University Press, 1999) and a co-author of Microeconomics (McGraw-Hill, 1995). Most of his research focuses on the economics of professional football and he has published numerous articles in journals including Scottish Journal of Political Economy, Economic History Review, The Statistician, Managerial and Decision Economics, Regional Studies, Journal of Economic Studies and Journal of Sports Economics. John Goddard is Senior Lecturer in the Department of Economics at University of Wales, Swansea. He has also held positions at University of Leeds, Abertay, University of Dundee and University of Wales Bangor. Research interests are the economics of sport and industrial organisation. He has published numerous articles in academic journals including International Journal of Industrial Organization, Economics Letters, Economic History Review, Managerial and Decision Economics, The Statistician, Bulletin of Economic Research and Applied Economics.

Reviews

'This book is the first major European research monograph to analyse professional football from an explicitly economic perspective. Dobson and Goddard build upon and extend their prior research into professional football drawing upon rigorous economic theory and econometric analysis. I strongly recommend this book.' Paul Downward, Reader in Economics, Staffordshire University

'Dobson and Goddard present a fascinating and wide-ranging insight into this aspect of the economics of team sports.' Managerial and Decision Economics

'… two of the leading authors in the European sports economics literature, use a combination of economic reasoning and econometric analysis to enlighten us about European football … solid scholarship, providing extensive documentation, a wonderful reference list … profusely illustrated with graphs and charts … I highly recommend it to those sports economists studying the European scene, or for those looking for a technically proficient jump-off for their own analysis of NA or European team sports data.' Review of Industrial Organization

'… a very good and detailed economic analysis of football. The huge empirical evidence the authors present in a very detailed form is especially interesting and useful.' Besprechungen - Comptes Rendus

'To economists that count themselves as fans of English football, this thorough and informative book by Stephen Dobson and John Goddard is worth the wait … you will marvel at the thoroughness of this book and its dedication to matching the right econometric technique to the empirical task at hand … this book should prove to be a catalyst for research for years to come.' Economic Record

'This is a serious academic book, and economists will find plenty of rigorous research to justify their attention … economists with an interest in football … will be absolutely delighted by this book … it is written in a very clear, readable style, making it appear an effortless read, while still employing some of the most up-to-date and rigorous tools in the economist's toolbox.' British Journal of Industrial Relations

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