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Economics lessons from sports during the COVID-19 pandemic

In: Research Handbook on Sport and COVID-19

Author

Listed:
  • Carl Singleton
  • Alex Bryson
  • Peter Dolton
  • James Reade
  • Dominik Schreyer

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.

Suggested Citation

  • Carl Singleton & Alex Bryson & Peter Dolton & James Reade & Dominik Schreyer, 2022. "Economics lessons from sports during the COVID-19 pandemic," Chapters, in: Paul M. Pedersen (ed.), Research Handbook on Sport and COVID-19, chapter 2, pages 9-18, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:21289_2
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    References listed on IDEAS

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