Economics lessons from sports during the COVID-19 pandemic

Carl Singleton, Alex Bryson, Peter Dolton, James Reade and Dominik Schreyer

Chapter 2 in Research Handbook on Sport and COVID-19, 2022, pp 9-18 from Edward Elgar Publishing

Abstract: Economists have used COVID-19 as an exogenous shock to improve understanding of sports markets and in doing so gain broader economic insights. These natural experiments have provided partial answers to: how airborne viruses may spread in crowds; how people respond to the risk and information about infection; how the absence of crowds reduces the social pressure that can affect arbitration decisions; and how quickly asset (betting) prices reflect new information. This chapter provides both a review of this evidence and a reflection on how (sports) economics research can continue to be most valuable to policymakers.

Keywords: Economics and Finance; Law - Academic; Sociology and Social Policy; Sustainable Development Goals (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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