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Breaking the Ice
The Economics of Hockey | Bernd Frick
E-Book (PDF)
2017 Springer-verlag
Auflage: 1st ed. 2017
203 Seiten
ISBN: 978-3-319-67922-8
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2;Contributors;8
3;Introduction;10
3.1; Why Hockey Economics?;10
4;Part I: Labor Relations and Player Behavior;11
4.1;From Strikes to Lockouts: Consequences of the Shift in the Balance of Power from the Players' Union to the Owners in the National Hockey League;12
4.1.1; Introduction;13
4.1.2; Literature Review;15
4.1.3; Empirical Analyses;18
4.1.4; The Lockout as a Strategy;23
4.1.5;References;24
4.2;Fighting as a Profit-Maximizing Strategy: The American Hockey League;26
4.2.1; Fighting in Ice Hockey;28
4.2.2; The American Hockey League;30
4.2.3; Fighting Rules and Penalties in the AHL;31
4.2.4; Fighting as a Profit-Maximizing Strategy for the AHL;33
4.2.5; The Model;38
4.2.6; Data;41
4.2.7; Empirical Results;42
4.2.8; Conclusions;45
4.2.9;References;46
5;Part II: Salary Determination and Player Careers;47
5.1;Returns to Handedness in Professional Hockey;48
5.1.1; Introduction;48
5.1.2; Handedness and Play in Hockey;51
5.1.3; Preliminary Look at the Data;53
5.1.4; Salary Determination and Returns to Handedness;56
5.1.5; Conclusion;60
5.1.6;References;62
5.2;All-Star or Benchwarmer? Relative Age, Cohort Size and Career Success in the NHL;64
5.2.1; Introduction;64
5.2.2; Birth Cohort Size, Relative Age Effects and NHL Player Performance;67
5.2.2.1; Cohort Size and Player Outcomes;67
5.2.2.2; Relative Age and Player Outcomes;72
5.2.3; Data and Methods;75
5.2.3.1; Data Sources and Sample;75
5.2.3.2; Regression Specifications;77
5.2.4; Results;78
5.2.4.1; Birth Cohort Size and Player Salaries;78
5.2.4.2; Birth Cohort Size and Player Performance;81
5.2.4.3; Added Checks;84
5.2.5; Relative Age (Birth Month) and Player Outcomes;85
5.2.5.1; Does Relative Age (Birth Month) Moderate the Effect of Large Birth Cohort Size?;87
5.2.6; Do Results Differ During League Expansions and in the Post-Lockout Era?;89
5.2.7; Conclusions;93
5.2.8; Appendix;95
5.2.8.1; Data Sources;96
5.2.9;References;97
6;Part III: Diversity and Discrimination;99
6.1;If You Can Play, You Get the Pay!? A Survey on Salary Discrimination in the NHL;100
6.1.1; Introduction;100
6.1.2; Discrimination;103
6.1.3; Background and Changes in the NHL;105
6.1.4; Results;107
6.1.5; Conclusion;114
6.1.6;References;115
6.2;The Source of the Cultural or Language Diversity Effects in the National Hockey League;117
6.2.1; Introduction;117
6.2.2; The NHL and the Game of Hockey;120
6.2.3; Data and Empirical Model Motivation;120
6.2.4; Empirical Models, Estimation Results, and Inferences;122
6.2.4.1; Empirical Models;122
6.2.4.2; Estimation Results;125
6.2.4.3; Inferences;131
6.2.5; Conclusion;131
6.2.6;References;132
6.3;Team-Level Referee Discrimination in the National Hockey League;134
6.3.1; Introduction;134
6.3.2; The NHL, the Game of Hockey, and Related;135
6.3.2.1; The NHL and the Game of Hockey;135
6.3.2.2; Related Literature;136
6.3.3; Empirical Methodology;137
6.3.3.1; Empirical Model Motivation;137
6.3.3.2; The Data;139
6.3.3.3; Empirical Model Specifications;142
6.3.4; Estimation Procedure, Discrimination Tests and Results;144
6.3.4.1; Estimation Procedure;144
6.3.4.2; Discrimination Tests;144
6.3.4.3; Test Results;145
6.3.5; Concluding Remarks;148
6.3.6;References;149
7;Part IV: Ticket Demand and Ticket Pricing;151
7.1;The Effect of 'Superstars' on Attendance: NHL-Players in the German and Czech Hockey League;152
7.1.1; Introduction;152
7.1.2; Literature Review;154
7.1.2.1; Surveys on Determinants of Attendance in Sports;154
7.1.2.2; Analyzing the Determinants of Attendance in Hockey;155
7.1.2.3; Determining the Impact of Stars on Attendance;156
7.1.3; Professional Hockey in Germany and the Czech Republic;158
7.1.4; Data Description and Empirical Approach;160
7.1.4.1; Descriptive Attendance Statistics;160
7.1.4.2; Descriptive NHL-Player and Attendance Statistics;162
7.1.4.3; Control Variables;166
7.1.5; Results;169
7.1.6; Conclusion;173
7.1.7; Appendix;174
7.1.8;References;175
7.2;An Exploration of Dynamic Pricing in the National Hockey League;177
7.2.1; Introduct
This book provides a survey of the academic research and knowledge on the economics and management of professional hockey. While professional football, baseball, and basketball have been the focus of sports economists for decades, professional hockey has been left out of most economic analyses of the sports industry. This book fills that gap by presenting a selection of research focusing specifically on hockey, such as labor relations and player behavior in the NHL, salary determination and player careers, ticket demand and ticket pricing, and emerging topics such as diversity and discrimination. Expanding the available literature dramatically, this book will be an important tool for researchers as well as sports managers, and students at the advanced undergraduate and graduate level.
Bernd Frick is Professor of Organisational and Media Economics, University of Paderborn & Director, Volkswagen's Institute of Labour & Personnel Economics at Mobile Life Campus, Wolfsburg.
Since 2007 he has hold the Chair of Organizational and Media Economics at the Faculty of Business Administration and Economics at University of Paderborn.
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