IDEAS home Printed from https://ideas.repec.org/a/gam/jecomi/v9y2021i1p31-d511462.html
   My bibliography  Save this article

Do the Peculiar Economics of Professional Team Sports Apply to Esports? Sequential Snowballing Literature Reviews and Implications

Author

Listed:
  • Nicolas Scelles

    (Department of Economics, Policy and International Business, Manchester Metropolitan University, Business School, All Saints Campus, Oxford Road, Manchester M15 6BH, UK)

  • Qi Peng

    (Department of Economics, Policy and International Business, Manchester Metropolitan University, Business School, All Saints Campus, Oxford Road, Manchester M15 6BH, UK)

  • Maurizio Valenti

    (Department of Economics, Policy and International Business, Manchester Metropolitan University, Business School, All Saints Campus, Oxford Road, Manchester M15 6BH, UK)

Abstract

The present research aims to identify the main peculiar economics of professional team sports, reflect on whether they apply to esports, and derive some implications. To achieve this aim, two sequential snowballing literature reviews were conducted. First, the literature on the peculiar economics of professional team sports was reviewed and assessed by the authors, based on their degree of distinctiveness and how core they are for the sector. Second, based on the main peculiar economics identified, a similar process considering economic aspects in the esports literature was conducted. The first review enabled the identification of 50 peculiar economics of professional team sports, of which 12 were assessed as the most distinctive and core to the sector. These 12 main peculiar economics were then considered in relation to the esports literature. This second review enabled the identification of some economic similarities and differences between sports and esports, before deriving some implications.

Suggested Citation

  • Nicolas Scelles & Qi Peng & Maurizio Valenti, 2021. "Do the Peculiar Economics of Professional Team Sports Apply to Esports? Sequential Snowballing Literature Reviews and Implications," Economies, MDPI, vol. 9(1), pages 1-18, March.
  • Handle: RePEc:gam:jecomi:v:9:y:2021:i:1:p:31-:d:511462
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7099/9/1/31/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2227-7099/9/1/31/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Brad Humphreys & Bernd Frick, 2019. "Prize Structure and Performance: Evidence from NASCAR," Economies, MDPI, vol. 7(4), pages 1-13, October.
    2. Walter C. Neale, 1964. "The Peculiar Economics of Professional Sports," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(1), pages 1-14.
    3. J. C. H. Jones, 1969. "The Economics of the National Hockey League," Canadian Journal of Economics, Canadian Economics Association, vol. 2(1), pages 1-20, February.
    4. Nicolas Scelles & Stefan Szymanski & Nadine Dermit-Richard, 2018. "Insolvency in French Soccer," Journal of Sports Economics, , vol. 19(5), pages 603-624, June.
    5. Simon Rottenberg, 1956. "The Baseball Players' Labor Market," Journal of Political Economy, University of Chicago Press, vol. 64(3), pages 242-242.
    6. Antoine Feuillet & Nicolas Scelles & Christophe Durand, 2018. "Revenus et Superstars dans les sports individuels. Le cas du tennis et du golf masculins," Revue française de gestion, Lavoisier, vol. 0(7), pages 45-60.
    7. Dennis Coates & Petr Parshakov & Sofia Paklina, 2020. "Do Managers Matter: Evidence From E‐Sports," Contemporary Economic Policy, Western Economic Association International, vol. 38(2), pages 304-312, April.
    8. Wladimir Andreff & Paul Staudohar, 2000. "The Evolving European Model of Professional Sports Finance," Post-Print halshs-00274661, HAL.
    9. Mickael Terrien & Nicolas Scelles & Stephen Morrow & Lionel Maltèse & Christophe Durand, 2017. "The win/profit maximization debate: strategic adaptation as the answer?," Post-Print hal-01794268, HAL.
    10. Stefan Szymanski, 2010. "The Economic Design of Sporting Contests," Palgrave Macmillan Books, in: The Comparative Economics of Sport, chapter 1, pages 1-78, Palgrave Macmillan.
    11. W. Andreff & N. Scelles, 2015. "Walter C. Neale 50 Years After: Beyond Competitive Balance, the League Standing Effect Tested With French Football Data," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01306623, HAL.
    12. Thomas Peeters & Stefan Szymanski, 2014. "Financial fair play in European football [v. National Football League, 560 (The Supreme Court May 24, 2010)]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 29(78), pages 343-390.
    13. Stefan Szymanski, 2017. "Entry into exit: insolvency in English professional football," Scottish Journal of Political Economy, Scottish Economic Society, vol. 64(4), pages 419-444, September.
    14. Nicolas Scelles & Boris Helleu & Christophe Durand & Liliane Bonnal, 2016. "Professional Sports Firm Values," Journal of Sports Economics, , vol. 17(7), pages 688-715, October.
    15. Duane W. Rockerbie, 2020. "Revenue Sharing and Collusive Behavior in the Major League Baseball Posting System," Economies, MDPI, vol. 8(3), pages 1-12, September.
    16. Rodney Fort & James Quirk, 1995. "Cross-subsidization, Incentives, and Outcomes in Professional Team Sports Leagues," Journal of Economic Literature, American Economic Association, vol. 33(3), pages 1265-1299, September.
    17. Cunningham, George B. & Fairley, Sheranne & Ferkins, Lesley & Kerwin, Shannon & Lock, Daniel & Shaw, Sally & Wicker, Pamela, 2018. "eSport: Construct specifications and implications for sport management," Sport Management Review, Elsevier, vol. 21(1), pages 1-6.
    18. Tobias M. Scholz, 2019. "eSports is Business," Springer Books, Springer, number 978-3-030-11199-1, February.
    19. El-Hodiri, Mohamed & Quirk, James, 1971. "An Economic Model of a Professional Sports League," Journal of Political Economy, University of Chicago Press, vol. 79(6), pages 1302-1319, Nov.-Dec..
    20. repec:oup:ecpoli:v:29:y:2014:i:78:p:343-390 is not listed on IDEAS
    21. George B. Cunningham & Sheranne Fairley & Lesley Ferkins & Shannon Kerwin & Daniel Lock & Sally Shaw & Pamela Wicker, 2018. "eSport: Construct specifications and implications for sport management," Sport Management Review, Taylor & Francis Journals, vol. 21(1), pages 1-6, January.
    22. Nicolas Scelles & Boris Helleu & Christophe Durand & Liliane Bonnal, 2016. "Professional Sports Firm Values: Bringing New Determinants to the Foreground? A Study of European Soccer, 2005-2013," Post-Print hal-01987929, HAL.
    23. Petr Parshakov & Dennis Coates & Marina Zavertiaeva, 2018. "Is diversity good or bad? Evidence from eSports teams analysis," Applied Economics, Taylor & Francis Journals, vol. 50(47), pages 5064-5075, October.
    24. Dennis Coates & Petr Parshakov, 2016. "Team Vs. Individual Tournaments: Evidence From Prize Structure In Esports," HSE Working papers WP BRP 138/EC/2016, National Research University Higher School of Economics.
    25. Mickael Terrien & Nicolas Scelles & Stephen Morrow & Lionel Maltèse & Christophe Durand, 2017. "The win/profit maximization debate: strategic adaptation as the answer?," Post-Print halshs-02111106, HAL.
    26. Brad R. Humphreys & Li Zhou, 2015. "The Louis–Schmelling Paradox and the League Standing Effect Reconsidered," Journal of Sports Economics, , vol. 16(8), pages 835-852, December.
    27. Sloane, Peter J, 1971. "The Economics of Professional Football: The Football Club as a Utility Maximiser," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(2), pages 121-146, June.
    28. Qi Peng & Geoff Dickson & Nicolas Scelles & Jonathan Grix & Paul Michael Brannagan, 2020. "Esports Governance: Exploring Stakeholder Dynamics," Sustainability, MDPI, vol. 12(19), pages 1-15, October.
    29. Lawrence M. Kahn, 2000. "The Sports Business as a Labor Market Laboratory," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 75-94, Summer.
    30. Waldemar Stronka, 2020. "Anti-Tanking Pair Matching before an Elimination Phase of a Two-Phase Tournament," Economies, MDPI, vol. 8(3), pages 1-13, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thomas Newham & Nicolas Scelles & Maurizio Valenti, 2022. "The Consequences of a Switch to Free-to-Play for Overwatch and Its Esports League," JRFM, MDPI, vol. 15(11), pages 1-16, October.
    2. Bastien Viollet & Nicolas Scelles & Qi Peng, 2023. "From Sport Policy to National Federation Sport Policy: An Integrative Literature Review and Conceptualisation Attempt," Sustainability, MDPI, vol. 15(4), pages 1-22, February.
    3. Taeyeon Oh & Seomgyun Lee & Hayley Jang, 2023. "Outcome Uncertainty and ESports Viewership: The Case of Overwatch League," Journal of Sports Economics, , vol. 24(8), pages 971-992, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Åse Jacobsen & Morten Kringstad & Tor-Eirik Olsen, 2021. "Extraordinary Funding and a Financially Viable Football Industry—Friends or Foes? A Norwegian Football League Perspective," Sustainability, MDPI, vol. 13(5), pages 1-19, March.
    2. Wladimir Andreff, 2009. "Équilibre compétitif et contrainte budgétaire dans une ligue de sport professionnel," Revue économique, Presses de Sciences-Po, vol. 60(3), pages 591-633.
    3. Kelly Goossens, 2006. "Competitive balance in european football: comparison by adapting measures: national measure of seasonal imbalance and Top 3," Rivista di Diritto ed Economia dello Sport, Centro di diritto e business dello Sport, vol. 2(2), pages 77-122, Dicembre.
    4. Wladimir Andreff, 2006. "New Perspectives in Sports Economics: A European View," Working Papers 0605, International Association of Sports Economists;North American Association of Sports Economists.
    5. Antoine Feuillet & Mickael Terrien & Nicolas Scelles & Christophe Durand, 2021. "Determinants of coopetition and contingency of strategic choices: the case of professional football clubs in France," Post-Print halshs-02974491, HAL.
    6. Helmut Dietl, 2010. "Besonderheiten des Sports ‐ Was rechtfertigt eine "eigene Ökonomik"?," Working Papers 0137, University of Zurich, Institute for Strategy and Business Economics (ISU).
    7. Markus LANG & Alexander RATHKE & Marco RUNKEL, 2010. "The Economic Consequences Of Foreigner Rules In National Sports Leagues," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 31, pages 47-64.
    8. Raul Caruso & Francesco Addesa & Marco Di Domizio, 2019. "The Determinants of the TV Demand for Soccer: Empirical Evidence on Italian Serie A for the Period 2008-2015," Journal of Sports Economics, , vol. 20(1), pages 25-49, January.
    9. Wladimir Andreff, 2011. "Some comparative economics of the organization of sports: Competition and regulation in north American vs. European professional team sports leagues," Post-Print halshs-00677436, HAL.
    10. Helmut Dietl & Egon Franck & Markus Lang & Alexander Rathke, 2008. "Revenue Sharing, Reserve Clause and Salary Caps in Professional Team Sports Leagues," Working Papers 0026, University of Zurich, Center for Research in Sports Administration (CRSA), revised 2009.
    11. Dietl, Helmut M. & Duschl, Tobias & Lang, Markus, 2011. "Executive Pay Regulation: What Regulators, Shareholders, and Managers Can Learn from Major Sports Leagues," Business and Politics, Cambridge University Press, vol. 13(2), pages 1-30, August.
    12. Marc Rohde & Christoph Breuer, 2018. "Competing by investments or efficiency? Exploring financial and sporting efficiency of club ownership structures in European football," Sport Management Review, Taylor & Francis Journals, vol. 21(5), pages 563-581, December.
    13. Budzinski, Oliver & Feddersen, Arne, 2022. "Should organizing premier-level European football be a monopoly? And who should run it? - An economists' perspective," Ilmenau Economics Discussion Papers 166, Ilmenau University of Technology, Institute of Economics.
    14. Wladimir Andreff, 2011. "Some comparative economics of the organization of sports: Competition and regulation in north American vs. European professional team sports leagues," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00677436, HAL.
    15. Rodríguez Guerrero, Plácido, 2012. "La economía del deporte/The Economics of Sport," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 30, pages 387-418, Agosto.
    16. Roberto Burguet & József Sákovics, 2019. "Bidding For Talent In Sport," Economic Inquiry, Western Economic Association International, vol. 57(1), pages 85-102, January.
    17. Helmut Dietl & Egon Franck & Martin Grossmann & Markus Lang, 2009. "Contest Theory and its Applications in Sports," Working Papers 0105, University of Zurich, Institute for Strategy and Business Economics (ISU).
    18. Rodney Fort, 2015. "Managerial Objectives: A Retrospective on Utility Maximization in Pro Team Sports," Scottish Journal of Political Economy, Scottish Economic Society, vol. 62(1), pages 75-89, February.
    19. Daniel Read & Aaron C.T. Smith & James Skinner, 2021. "A Comparative Analysis of Competitive Balance Between a Closed and an Open League in Rugby League," Journal of Sports Economics, , vol. 22(8), pages 871-892, December.
    20. Budzinski, Oliver, 2024. "Financial regulation in sport championships as an anticompetitive institution," Ilmenau Economics Discussion Papers 187, Ilmenau University of Technology, Institute of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jecomi:v:9:y:2021:i:1:p:31-:d:511462. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.