Economics lessons from sports during the COVID-19 pandemic
Singleton, C.
It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing. Abstract/SummaryEconomists 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. We review this evidence and reflect on how (sports) economics research can continue to be most valuable to policymakers.
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