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Organisational Forms in Professional Cycling - Efficiency Issues of the UCI Pro Tour

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Author Info

  • Rebeggiani, Luca
  • Tondani, David

Abstract

This paper gives a first economic approach to pro cycling and analyses the changes induced by the newly introduced UCI Pro Tour on the racing teams\u2019 behaviour. We develop an oligopolistic model starting from the well known Bertrand and Cournot frameworks to analyse if the actual setting of the UCI Pro Tour leads to a partially unmeant behaviour of the racing teams. In particular, we show that the blamed regional concentration of their race participation depends on a lack of incentives stemming from the licence assignation procedure. Our theoretical results are supported by empirical data concerning the performance of the racing teams in 2005. As a recommendation for future improvements, we derive from the model the need for a relegation system for racing teams.

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File URL: http://www3.wiwi.uni-hannover.de/Forschung/Diskussionspapiere/dp-345.pdf
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Bibliographic Info

Paper provided by Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät in its series Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover with number dp-345.

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Length: 26 pages
Date of creation: Aug 2006
Date of revision:
Handle: RePEc:han:dpaper:dp-345

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Related research

Keywords: Sports economics; professional cycling; oligopolistic competition;

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References

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  1. Benno Torgler, 2004. "?La Grande Boucle?: Determinants of Success at the Tour de France," CREMA Working Paper Series 2004-22, Center for Research in Economics, Management and the Arts (CREMA), revised May 2005.
  2. Berentsen, Aleksander, 2002. "The Economics of doping," MPRA Paper 37322, University Library of Munich, Germany.
  3. Raul Caruso, 2005. "Asimmetrie negli incentivi, equilibrio competititvo e impegno agonistico: distorsioni in presenza di doping e combine," Rivista di Diritto ed Economia dello Sport, Centro di diritto e business dello Sport, vol. 1(3), pages 13-38, Dicembre.
  4. John J. Siegfried & Andrew Zimbalist, 2000. "The Economics of Sports Facilities and Their Communities," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 95-114, Summer.
  5. Dobson,Stephen & Goddard,John, 2011. "The Economics of Football," Cambridge Books, Cambridge University Press, number 9780521517140.
  6. repec:sae:jospec:v:3:y:2002:i:1:p:61-89 is not listed on IDEAS
  7. 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.
  8. Davide Tondani, 2005. "I ranking internazionali come rimedio alle asimmetrie informative negli sport individuali: il caso del ciclismo professionistico," Microeconomics 0510003, EconWPA.
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Citations

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Cited by:
  1. Marco Di Domizio & Mattia Palombini, 2011. "Competitività orizzontale e verticale nel ciclismo professionistico: alcune riflessioni sul circuito pro tour," Rivista di Diritto ed Economia dello Sport, Centro di diritto e business dello Sport, vol. 6(3), pages 35-54, Febbraio.

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  1. UCI ProTour in Wikipedia (English)

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