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What We Can Learn About Economics from Professional Sport During Covid-19
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Authors
External Authors
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Singleton, C
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Bryson, A
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Reade, J.J
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Schreyer, D
Related Themes
Macro-Economic Dynamics and PolicyJEL Code
D91; L83; Z20
Paper Category Number
525
The economics of sport and how sport provides insights into economics have experienced exogenous shocks from Covid-19, facilitating many natural experiments. These have provided partial answers to questions of: how airborne viruses may spread in crowds; how crowds respond to the risk and information about infection; how the absence of crowds may affect social pressure and arbitration decisions; and how quickly betting markets respond to new information. We review this evidence and advise how sports economics research could continue to be most valuable to policymakers.
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