Breaking the Ice (eBook)

The Economics of Hockey

Bernd Frick (Herausgeber)

eBook Download: PDF
2017 | 1st ed. 2017
IX, 204 Seiten
Springer International Publishing (Verlag)
978-3-319-67922-8 (ISBN)

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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.

  • He was a Research Associate at the Institute for Industrial Law und Relations in the European Community at University of Trier in 2003 - 2007.
  • Professor Bernd Frick was the head of the Institute for Strategic Management and Business Policy in University of Witten/Herdecke from 2004 - 2007. He was also the Chairholder of the Reinhard-Mohn-Chair for Administration, Economic Ethics and Society Shift at the business faculty at University of Witten/Herdecke in  2001-2007
  • Representative and chairman of the Chair for Business Administration, especially Organizational and Media Economics, at the school of law and political science faculty at Ernst-Moritz-Arndt-University of Greifswald 1995-2001
  • He was a research associate for business economics, area of studies and research 'Services Administration & Management' at University of Trier in 1991-1995.
  • At the University of Trier  in 1986-91, he was a research associate in the project 'Betriebliche Personalpolitik und Schwerbehindertenbeschäftigung' ('Company manpower policies and severly handicapped employment') - 'Zentrum für Arbeit und Soziales' ('Labour and social affairs centre').
  • He was research associate in the project 'A Comparative Study of the Involvement of Third Parties in the Resolution of Industrial Disputes in West Germany and the United Kingdom' - at the Loughborough University of Technology, Great Britain in 1984-86.
  • Bernd Frick was a certified research associate in the project 'Sozialhilfedichte' ('welfare-density') of the department IV, Statistics at University of Trier in 1983-84.
  •  

    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. He was a Research Associate at the Institute for Industrial Law und Relations in the European Community at University of Trier in 2003 – 2007.Professor Bernd Frick was the head of the Institute for Strategic Management and Business Policy in University of Witten/Herdecke from 2004 – 2007. He was also the Chairholder of the Reinhard-Mohn-Chair for Administration, Economic Ethics and Society Shift at the business faculty at University of Witten/Herdecke in  2001-2007Representative and chairman of the Chair for Business Administration, especially Organizational and Media Economics, at the school of law and political science faculty at Ernst-Moritz-Arndt-University of Greifswald 1995-2001He was a research associate for business economics, area of studies and research „Services Administration & Management“ at University of Trier in 1991-1995.At the University of Trier  in 1986-91, he was a research associate in the project "Betriebliche Personalpolitik und Schwerbehindertenbeschäftigung" ("Company manpower policies and severly handicapped employment") - "Zentrum für Arbeit und Soziales" ("Labour and social affairs centre").He was research associate in the project „A Comparative Study of the Involvement of Third Parties in the Resolution of Industrial Disputes in West Germany and the United Kingdom“ – at the Loughborough University of Technology, Great Britain in 1984-86.Bernd Frick was a certified research associate in the project "Sozialhilfedichte" ("welfare-density") of the department IV, Statistics at University of Trier in 1983-84.  

    Contents 6
    Contributors 8
    Introduction 10
    Why Hockey Economics? 10
    Part I: Labor Relations and Player Behavior 11
    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
    Introduction 13
    Literature Review 15
    Empirical Analyses 18
    The Lockout as a Strategy 23
    References 24
    Fighting as a Profit-Maximizing Strategy: The American Hockey League 26
    Fighting in Ice Hockey 28
    The American Hockey League 30
    Fighting Rules and Penalties in the AHL 31
    Fighting as a Profit-Maximizing Strategy for the AHL 33
    The Model 38
    Data 41
    Empirical Results 42
    Conclusions 45
    References 46
    Part II: Salary Determination and Player Careers 47
    Returns to Handedness in Professional Hockey 48
    Introduction 48
    Handedness and Play in Hockey 51
    Preliminary Look at the Data 53
    Salary Determination and Returns to Handedness 56
    Conclusion 60
    References 62
    All-Star or Benchwarmer? Relative Age, Cohort Size and Career Success in the NHL 64
    Introduction 64
    Birth Cohort Size, Relative Age Effects and NHL Player Performance 67
    Cohort Size and Player Outcomes 67
    Relative Age and Player Outcomes 72
    Data and Methods 75
    Data Sources and Sample 75
    Regression Specifications 77
    Results 78
    Birth Cohort Size and Player Salaries 78
    Birth Cohort Size and Player Performance 81
    Added Checks 84
    Relative Age (Birth Month) and Player Outcomes 85
    Does Relative Age (Birth Month) Moderate the Effect of Large Birth Cohort Size? 87
    Do Results Differ During League Expansions and in the Post-Lockout Era? 89
    Conclusions 93
    Appendix 95
    Data Sources 96
    References 97
    Part III: Diversity and Discrimination 99
    If You Can Play, You Get the Pay!? A Survey on Salary Discrimination in the NHL 100
    Introduction 100
    Discrimination 103
    Background and Changes in the NHL 105
    Results 107
    Conclusion 114
    References 115
    The Source of the Cultural or Language Diversity Effects in the National Hockey League 117
    Introduction 117
    The NHL and the Game of Hockey 120
    Data and Empirical Model Motivation 120
    Empirical Models, Estimation Results, and Inferences 122
    Empirical Models 122
    Estimation Results 125
    Inferences 131
    Conclusion 131
    References 132
    Team-Level Referee Discrimination in the National Hockey League 134
    Introduction 134
    The NHL, the Game of Hockey, and Related 135
    The NHL and the Game of Hockey 135
    Related Literature 136
    Empirical Methodology 137
    Empirical Model Motivation 137
    The Data 139
    Empirical Model Specifications 142
    Estimation Procedure, Discrimination Tests and Results 144
    Estimation Procedure 144
    Discrimination Tests 144
    Test Results 145
    Concluding Remarks 148
    References 149
    Part IV: Ticket Demand and Ticket Pricing 151
    The Effect of ‘Superstars’ on Attendance: NHL-Players in the German and Czech Hockey League 152
    Introduction 152
    Literature Review 154
    Surveys on Determinants of Attendance in Sports 154
    Analyzing the Determinants of Attendance in Hockey 155
    Determining the Impact of Stars on Attendance 156
    Professional Hockey in Germany and the Czech Republic 158
    Data Description and Empirical Approach 160
    Descriptive Attendance Statistics 160
    Descriptive NHL-Player and Attendance Statistics 162
    Control Variables 166
    Results 169
    Conclusion 173
    Appendix 174
    References 175
    An Exploration of Dynamic Pricing in the National Hockey League 177
    Introduction 177
    Dynamic Pricing in Sports and Comparisons to Variable Pricing Models 179
    Literature Review on Dynamic Pricing 180
    Data and Regression Model 181
    Regression Results for High and Low Ticket Price Sections for the Teams Using Dynamic Pricing 188
    Conclusions 193
    Appendix 195
    Individual Section Prices for NHL Teams Using Dynamic Pricing 195
    References 196
    Index 198

    Erscheint lt. Verlag 17.11.2017
    Reihe/Serie Sports Economics, Management and Policy
    Zusatzinfo IX, 204 p. 6 illus., 2 illus. in color.
    Verlagsort Cham
    Sprache englisch
    Themenwelt Wirtschaft
    Schlagworte Competitive Balance • Diversity • Dynamic Pricing • Hockey • NHL • salary discrimination • Violence
    ISBN-10 3-319-67922-8 / 3319679228
    ISBN-13 978-3-319-67922-8 / 9783319679228
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